Answer:
A. Cash 960
Service Revenue 960
Explanation:
In the given transaction, the trade discount is not shown in the recording of the journal entry but the effect is to be seen in the journal entry.
Since the cash is paid for providing the service and give the patient a 20% discount.
So, the discount amount would be equal to
= Service cost × discount rate
= $1,200 × 20%
= $240
And, the journal entry would be shown below:
Cash A/c Dr $960
To Service Revenue $960
(Being service is provided for cash and discount is given)
Answer:
the amount debited (left-side) to the Manufacturing Overhead account would be is $220,000
Explanation:
The computation of the amount debited (left-side) to the Manufacturing Overhead account would be is shown below:
= $200,000 ÷ 5,000 direct labor hours × 5,500 direct labor hours
= $220,000
Hence, the amount debited (left-side) to the Manufacturing Overhead account would be is $220,000
The same should be considered
Answer:
Search. Searching for information from a variety of sources. ...
Source Validation. Evaluating the reliability of information sources. ...
Information Gathering. ...
Original Research. ...
Aggregation. ...
Mapping. ...
Categorization. .
Answer:
Supply
Explanation:
The supply curve can be regarded as graphic representation that display
correlation that exist between the cost of a good/service as well as quantity supplied for particular period. on the left vertical axis there is price, while on Horizontal axis there is quantity supplied. The vertical distance between supply curve as well as horizontal axis is the marginal opportunity cost required to add a unit to quantity. The area under the supply curve goes up to quantity supplied is total alternative opportunity cost, and it's Summation of marginal costs.
For instance, If we plot John's opportunity cost per window on the vertical axis and the number of windows cleaned each day on the horizontal axis, we will have John's supply curve for window-cleaning services.
foreign direct investment. The factory will make a bigger impact on South Korea’s GDP than on its GNP.
Answer: Option A.
<u>Explanation:</u>
Foreign direct investment is the investment that a firm or a company which is not a national or a domestic company, rather is an international company but invests in the national economy.
With this investment, the employment opportunities in the economy will increase, there would be increase in the investment in the economy in the form of transport and communications and so on. Thus it would increase the GDP of the country.
