Answer:
$29,000
Explanation:
Calculation would be as follows:
Particular Amount ($)
Beginning Cash 10,000
Add: Cash Receipt 85,000
Less: Cash Disbursement (66,000)
Cash Available 29,000
Hence, the cash available over disbursement for the month would be $29,000.
The following are characteristics shared by both for-profit and not-for-profit corporations EXCEPT <span> issuing shares of stock</span>
The crossover point is that production quantity where total costs for one process equal total costs for another process. Hence, option D is correct.
<h3>What is crossover point?</h3>
Financial independence is secured when investment income exceeds regular income. In financial jargon, this is known as the "cross over point."
When the production expenses for one product are the same as those for another product, there is an added benefit to selling any product because the cost is the same and the income will be higher from each unit, independent of the number of units sold.
Thus, option D is correct.
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All options are missing firm the question-
a. variable costs of one process equal the variable costs of another process.
b. fixed costs of a process are equal to its variable costs.
c. total costs equal total revenues for a process.
d. total costs for one process equal total costs for another process.
e. the process no longer loses money.
Answer:
Explanation:
1. The journal entries are shown below:
On December 1
Cash A/c Dr $1,260
To Deferred Service Revenue $1,260
(Being cash is received)
On December 31, 2016
Deferred Service Revenue $420 ($1,260 ÷ 3 months)
To Service revenue $420
(Being service revenue is recorded)
2. Income statement
Earned income from car washing services $420
Balance sheet
Assets
Cash $1,260
Liabilities
Deferred Service Revenue $840 ($1,260 - $420)
Answer:
Which pharmaceuticals company has decided to expand its vaccine business in the United Kingdom with an investment of £240 million?
answer= B.) Serum Institute of India
