Answer:
Hii
This answer is only for points
Explanation:
Mark me as a brain list please
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
The best answer to this question is the unlisted option of <u>d) establishment </u><u>of a </u><u>completely new market.</u>
<h3>Benefits of introducing products to market</h3>
- A chance to build a new market that buys the good you sell.
- A chance to build strong brand loyalty to the new type of products introduced.
Being the first to bring a product to market is therefore very advantageous as it puts one in the dominant market position in a new market thereby guaranteeing profit.
In conclusion, option d is correct.
Find out more on new products at brainly.com/question/25181857.
Answer and Explanation:
The Journal entries are shown below:-
1. Maintenance and Repairs Expense Dr, $150
To Cash $150
(Being cash paid is recorded)
For recording this we debited the maintenance and Repairs Expense as there is increased in expenses and credited the cash as assets are decreased
2) Equipment $700
To Cash $700
(Being cash paid is recorded)
For recording this we debited the equipment as it increased the assets and credited the cash as assets are decreased
