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arlik [135]
3 years ago
6

How will this be displayed in a journal entry? T-account?

Business
2 answers:
nydimaria [60]3 years ago
8 0

Answer:

Date         Account titles and description

20                                 No entry  

26                                 No entry  

31                                  No entry  

31                                  No entry

Explanation:

1. Only $5,500 was submitted by Brett. No incorporated financial transaction

2. Owner not prepared to pay $5.500

3. Also Brett's provision for vehicle prices to be winterised will be $75.

4. Once Brett paid the salary ' under the table, ' the employee was willing to work $3 less per hour. Salary only fee not charged or due.

Thus, no log entry as well as T accounts have been completed.

Angelina_Jolie [31]3 years ago
7 0

Answer:

1. Only $5,500 was submitted by Brett. No incorporated financial transaction

2. Owner not prepared to pay $5.500

3. Also Brett's provision for vehicle prices to be winterised will be $75.

4. Once Brett paid the salary ' under the table, ' the employee was willing to work $3 less per hour. Salary only fee not charged or due.

Thus, no log entry as well as T accounts have been completed.

Explanation:

brainllest plzzzzzzzzzzzzzzz

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PA2.
luda_lava [24]

Answer:

Contribution margin per unit = $250

Contribution margin ratio = 55.56%

Explanation:

The computations are shown below:

Contribution margin per unit = Sale price per unit - variable cost per unit

                                                = $450 - $200

                                                = $250

Contribution margin ratio would be

= (Contribution margin per unit) ÷ (Sale price per unit) × 100

= ($250) ÷ ($450) × 100

= 55.56%

And, the contribution margin income statement for may month is presented below:

Sales (225 bikes × $450)                                 $101,250

Less: Variable cost (225 bikes × $200)          ($45,000)

Contribution margin                                        $56,250

Less: Fixed expenses per month                  ($40,000)

Net income                                                     $16,250

3 0
3 years ago
Eric wanted a new tv and entertainment center and got them both from abc electronics. he will pay off his tv and entertainment c
satela [25.4K]
The answer on Apex is finance agreement.
7 0
3 years ago
Felix is a 50-year-old autoworker who was laid off from his job 6 months ago. he is frustrated with his inability to find a new
Gnoma [55]

This is an example of under employment, which is when people are employed less than full time or at a level that doesn't meet their financial needs or match their experience/education level.

6 0
3 years ago
If a case of 24 cans of peaches costs $7.50, how much does each can cost, to the nearest cent?
Gnoma [55]
$7.50 divided by 24= 0.31
8 0
4 years ago
Read 2 more answers
United Merchants Company sells 38,000 units at $20 per unit. Variable costs are $14.20 per unit, and fixed costs are $108,000. D
Musya8 [376]

Answer and Explanation:

The computation is shown below:

a. The contribution margin ratio is

= (Selling price - variable cost) ÷ (Selling price)

= ($20 - $14.20) ÷ $20)

= 29%

b. The contribution margin per unit is

= (Selling price - variable cost)

= ($20 - $14.20)

= $5.80

c. The income from operations is

= $5.80 × 38,000 units - $108,000

= $112,400

5 0
3 years ago
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