Answer:
The journal entries are as follows:
(i) On June 1,
Petty cash A/c Dr. $200
To cash $200
(To record petty cash established)
(ii) On June 30,
Postage A/c Dr. $25
Entertainment A/c Dr. $100
Miscellaneous A/c Dr. $20
To cash short and over A/c $2
To cash ($200 - $57) $143
(To record cash replenishment)
Answer:
Date Account Title Debit Credit
Feb 13 Cash $10,975
Sales $10,000
Sales Tax Payable $975
(10000 * 9.75%)
Answer:
A. True
Explanation:
Since in the question it is mentioned that QkR is naturally integrated into the MyFitnessPal management. Also the innovation would become the successful when the objectives are matches according to the people instead matching the people to objectives as in this the people are aligned and understand what the firm wants that they work like this
Therefore the given statement is true
Answer:
P-value for slope coefficient of the size of the mode CuFt is0.00
Explanation:
The slope coefficient is change in probability when all other independent variables are held constant. The output is 93.3 which is due to the variation in labor hours. These variations are due to large number of furniture moved in cubic feet.
Answer:
Peter is maximizing his profit and is making an economic profit.
Explanation:
Peter's Pencils is a pencil producing firm in a perfectly competitive firm.
It produces 1,000 pencils an hour.
The total cost of producing 1,000 pencils is $500.
The market price of each pencil is $2.
The marginal cost of producing the last unit of a pencil at this point is $2.
An individual firm in a perfectly competitive market faces a horizontal line demand curve which also represents the average revenue and marginal revenue.
This means that the marginal revenue earned from the 1,000th pencil is $2.
The marginal revenue is equal to marginal cost, this implies that the firm is maximizing profits.
The average total cost of the firm is
= 
= 
= $0.5
The average total cost is $0.5 which is lower than the price. This means that the firm is earning economic profits.
