Answer:
travel agency
Explanation:
as service businesses include <u>companies engaged in transport</u>, food service, distribution, retail, and other industries that sell services rather than products. These intangibles provide the primary revenue source for service businesses.
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $2,480
To Interest receivable $60
To Interest revenue $20
To Note receivable $2,400
(Being the collection of funds is recorded)
The computation of interest receivable is shown below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $2,400 × 10% × (3 months ÷ 12 months)
= $60
And for interest revenue would be
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $2,400 × 10% × (1 months ÷ 12 months)
= $20
Answer:
$22,000
Explanation:
Data provided
Credit balance = $20,000
Credit amount = $2,000
The computation of the amount for Service Revenue in the Adjusted Trial Balance is shown below:-
The Amount for service revenue = Credit balance + Credit amount
= $20,000 + $2,000
= $22,000
Therefore we have applied the above formula for determining the Amount for service revenue.
Answer: $18
Explanation:
Based on the information,
Sales revenue = $65 × 225 = $14625
Cost of goods sold = (45 × $20) + (1125 × $4) + (225 × $14) + (225 × $9)
= $900 + $4500 + $3150 + $2025
= $10575
Gross profit = Sales revenue - Cost
= $14625 - $10575
= $4050
The gross profit for one chainsaw will be:
= $4050/225
= $18
Answer:
exhibition for companies in a specific industry to showcase and demonstrate their new products and services. ... Also, an exhibition of businesses offering franchises and/or business opportunity packages for sale.