Answer and Explanation:
The journal entry is shown below:
Accounts payable $1,500
To Merchandise Inventory $1,500
(being purchase returns is recorded)
here account payable is debited as it decreased the liabilities and credited the merchandise inventory as it decreased the assets
I believe the answer is: D. Decentralized decision-making results in buyers and sellers really engaging in commerce
Decentralized decision making refers to a decision making process which started from the group or individuals in high authority and distributed to the rest of the group. The decision that is made with this process tend to be made in order to address the demand of the buyers.
1000 Brochures making cost = GH3500
Profit = 125%
= 125/100×3500
= 4375
Profit = 875
Each brochures = 4375/1000
= 4.375
Therefore each brochures will be sold at GH 4.375
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Answer:
The Total amount shown in income statement as income from this investment is $ 27,200.00
Explanation:
In order to calculate the effect of this investment on the 2021 income statement we would have to make the following calculation:
effect of this investment on the 2021 income statement= Dividend received by Howdy Doody corporation+Increase in Fair value of Stock credited to income statement
Dividend received by Howdy Doody corporation=$60,000 x 12%= $7,200.00
Increase in Fair value of Stock credited to income statement=$70,000-$50,000=$ 20,000.00
Therefore, effect of this investment on the 2021 income statement= $7,200.00
+$ 20,000.00
=$27,200
The Total amount shown in income statement as income from this investment is $ 27,200.00
Answer:
Approximately 135,900 Americans
Explanation:
Toyota has approximately 135,900 Americans as employees.