The more they focus on a task the more efficient they become at this task, which means that less time and less money is involved in producing a good.
        
             
        
        
        
Answer:
See explanation below
Explanation:
The following will be selected in excel via the drop-down menus. 
Dr; Account name = Bad debt expense/Dad debt written off $ 1200 
Cr; Account name = Accounts Receivable $ 1200
The company uses the direct write-off method thus these will be the journal entries. 
 
        
             
        
        
        
Answer: See explanation
Explanation:
The appropriate entries for Maywood on January 1, 2021 and December 31, 2021, related to the lease goes thus:
January 1, 2021:
Debit Right of use asset $368291
Credit Lease payment $368291
December 31, 2021:
Debit Ammortization expense $92073
Credit Rights of use asset $92073
Debit Interest expense $25780
Debit Lease payable $78220
Credit Cash $104000
The working to the above entries has been attached
 
        
             
        
        
        
Answer:
$15,780
Explanation:
The sticker price for a vehicle with all the features is the total of all the given cost elements. 
These include the retail price, destination charge, cruise control, custom sound etc.
Hence, the sticker price for the vehicle
= $13,760 + $475 + $800 + $235 + $510
= $15,780