Answer:
Business A
Journal Entries:
Debit Accounts Payable $96,000
Credit 10% Notes Payable $96,000
To record the issuance of a 60-day, 10% note to a creditor on account.
Debit 10% Notes Payable $96,000
Debit Interest Expense $1,600
Credit Cash $97,600
To record the payment of the note at maturing, including interest.
Explanation:
a) Data and Analysis:
Accounts Payable $96,000
10% Notes Payable $96,000
10% Notes Payable $96,000
Interest Expense $1,600
Cash $97,600
Answer: brand community
Explanation: Pepsi is trying to set up a brand community since nowadays, successful brands are driven directly by the feedback and participation of their customers. A brand community is one formed on the basis of attachment to a product or service and are characterized in shared consciousness, rituals and traditions, etc. While it takes time and effort to build a group of engages people, the many benefits of the brand community business/marketing strategy, include: it also gives brands the opportunity to capitalise on the fundamental human need for social interaction forming loyal, enthusiastic customers in the process; creates avenue for feedback, information, and ideas; user-generated content;
PR opportunities etc.
A brand community exists to serve the business, the people in it and its customers.
Answer:
$2 and $0.42 per shirt.
Explanation:
Given: US factory produce 4.5 million shirts.
Total cost of producing shirts is $9 million.
Foreign factory produce 2500000 shirts.
Total cost of producing shirts is $ 1050000.
As we know cost of producing 4.5 million shirts is $9 million
So, we will unitary method for finding cost of one shirt.
∴ Cost of 1 shirt produced =
∴Cost of producing 1 shirt by US´s textile factory is $2.
Similarly, as cost of producing 2500000 shirts by foreign factory is $1050000.
∴Cost of 1 shirt produced =
∴Cost of producing 1 shirt by foreign textile factory is $0.42.
The labour cost per shirt of America and foreign factory is respectively.
Answer:
The correct answer is temporary/earnings
Explanation:
The objective of the accounting closing is to evaluate the benefits or losses of a business activity. In other words, if the final result is positive, there is an increase in business equity, and if the final result is negative, there is a decrease in company equity.
Finally, in the accounting closing, a series of steps are carried out: the accounting regularization, the determination of the result, the closing of accounts and the presentation of annual accounts.
In conclusion, in the accounting cycle a period of time is contemplated and a set of operations and procedures are carried out in order to reflect the financial status of a company.