Answer
1, 2018. Accounts payable Br. 23,100 Land Br. 90,000 Accounts receivables 52,000 Notes payable 100,900 Building 54,800
Explanation:
A useful way of standardizing financial statements is to choose a base year and then express each item relative to that amount.
Below, this is further discussed.
<h3>Financial statements: What are they?</h3>
Financial statements, in general, are official records of the financial activity and condition of a company, an individual, or another organization. Structured and simple-to-comprehend presentations of pertinent financial data are made.
In summary, Selecting a base year and then expressing each item according to that sum is a helpful method for standardizing financial reporting.
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Answer:
The balance in the cash account at the end of the month will be $401.000
Explanation:
$0
+$ 344,000 bank loan
+$112,000 stock issued to stakeholders
-$54,000 purchase of inventory
+$25,000 sell
-$26,000 payment of dividends
-------------
$401,000 balance at the end of the month
see attached file for T-account
The kind of business-to-business (B2B) network that gives access to organization so that they can have access to a suppliers as well as distributors for a better supply chain management is private exchange.
- A private exchange can be regarded as online resource which could be established by brokers, insurance as well as benefit consultants which allows individuals and employers to locate suppliers and distributors.
- This service brings about a improved supply chain management.
Therefore, private exchange is the correct term.
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Answer:
C.$100,700 unfavorable
Explanation:
The computation of the material price variance is shown below:
= Actual Quantity × (Standard Price - Actual Price)
= 10,600 pounds × ($18 - $27.50)
= 10,600 pounds × $9.5
= $100,700 unfavorable
Simply we take the difference between the standard and actual price and then multiplied it by the actual quantity so that the actual amount can come.
