Answer:
The correct answer is letter "C": two-part pricing.
Explanation:
Two-part pricing is set when there is a fixed price for a good or service but there is a variable price added based in a charge per unit of consumption. The sum of the two prices is the total the consumers have to pay to access the product. Typically, this type of pricing is set in monopolistic markets.
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Answer:
It's B.
Explanation:
I believe it's B, Putting ideas and concepts together to form a conclusion.
That's almost exactly the definition of synthesizing anyway. ♥
Answer:
The difference of $27 will be added in the bank reconciliation statement.
Explanation:
With regards to the above information,
Since bank paid $936 but was recorded as $963 in the company's books.
The difference would therefore be ;
= $963 - $936
= $27.
This means that in the company's books, the balance is shown less than the actual balance by $27
Therefore, $27 will be added to the balance in the bank with regards to the books while preparing the bank reconciliation statement.
Hence, $27 which is $963 - $936 will be added in the bank reconciliation statement.
Answer:
Explanation:
Cost of machine - $80000
Useful life - 5 years
Salvage value -$5000
Depreciable amount = 80000-5000= 75000
Annual depreciation = 75000/5 = 15000
Year DR Accum Dep
Cost 8000
1 Depreciation 15000 15000
2 Depreciation 15000 30000
Year 3 Depreciation 15000 45000
Year 4 Depreciation 15000 60000
Year 5 Depreciation 15000 75000
Financial statement template
Balanced sheet
Cash asset + Non cash asset = liabilities + Equity
Cash asset + 65000 = liabilities + equity
Income statement
Revenue - expenses = Net income
Revenue - 15000 - Net Income
