Answer:
The journal entry to record the purchase raw material would include a debit to raw material of $79000 and credit to Raw materials of $109000..
Explanation:
Since the raw material is coming into the company, we have debit raw material and the opening balance is already there in the books of the business. hence raw materials increases.
<u>Explanation:</u>
Walmart has been increasing its online retail operations and provides more promotions and offers such as free shipping. When Walmart offers product at such low prices compared to Target stores the company is forced to sell its products at competitive prices to stay in the business. To overcome this threat Target stores can also implement its online stores to minimize the threat and stay competitive.
Walmart has increased the business threat for target stores by opening new and convenient stores in the same place where Target stores are located. This reduces the business for Target stores. To be competitive Target stores have to increase its promotional and marketing activities.
Answer:
B
Explanation:
Fertile agricultural land can be farmed or sold, either way providing economic resources
Answer:
Which 3 reasons could be causing a large amount in the opening balance
equity account of a new client in Quick books online
1-the client has added transactions in the banking center without assigning an account to them
2-opening balances for one or more product/service items were entered during the setup process
3-the client entered an opening balance when creating a new other current asset account
4-opening balance were included when importing customers,using the import data tool
Explanation:
Answer:
Subtract vacancy and credit costs from potential gross income
Explanation:
Effective gross income (EGI) is actually the ratio or relationship that exists between the sale price of a property and effective gross income of that same property.
It is the potential gross income added to other income when vacancy and credit costs are subtracted from it.
EGI is used to determine the value of a rental property and the cash that the property generates.
