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3 years ago

Brandon grew up working on a farm but went to school to become an accountant. He decides to put all of his knowledge to work.

Business

1 answer:

Angelina_Jolie [31]3 years ago

8 0

Answer:B. Running his own small farm.

Explanation:

Having got the exprience in running a farm, couple with his financial and managerial knowledge from Accounting will help him to be successful.

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A companys profit motive beneits consumers by ensuring the products and services they need are availabe at a high quality. What

kherson [118]

Company objective , for more help text me on +16315364792

5 0

3 years ago

On November 23, Elder Lift Corporation, a wholesaler of hydraulic lifts, acquired land in ex- change for 12,500 shares of $25 pa

Georgia [21]

Answer:

Journal Entry to be recorded

DR. Land $475,000

Cr. Common stock $312,500

Cr. Add-in-capital common stock $162,500

Explanation:

Number of Shares = 12,500 shares

Share Market price = $38

Share Par Value = $25

Total value of property to be recorded= 12,500 x $38 = $475,000

Common stock value at par = 12,500 x $25 = $312,500

Add-in-Capital common stock value = $475,000 - $312,500 = $162,500

Property will be recorded as the total value of exchange which is $475,000. On other other hand the common stock value will be recorded in two parts common stock at par value and add-in-capital common stock over par value.

7 0

3 years ago

The partners in the biz partnership have agreed that partner mandy may sell her $100,000 equity in the partnership to brittney,

Ivahew [28]

Answer:

Mandy Capital A/c Dr. $100,000

Brittney Capital A/c Cr. $100,000

Explanation:

Mandy selling $100,000 shares of assets, so we will report the transaction on the sale of stock by the amount of equity sold. Now, all parties will negotiate the price that one can sell to another for this equity valuation, which would be $85,000 in this case.

3 0

3 years ago

Dee's suggestion that the company needed more control over the way its products were displayed, priced, and promoted prompted a

aleksandrvk [35]

Answer:

D.administered distribution system.

Explanation:

Administered Distribution System is a system in which producer manages all the marketing functions at the retail outlets.

3 0

3 years ago

In the month of April, a department had 600 units in the beginning work in process inventory that were 60% complete. These units

Eduardwww [97]

Answer:

cost to WIP at April 30th: 300,000

materials 240,000

conversion 60,000

Explanation:

Materials equivalent units:

Materials are addedirely at the beginning of the process thus, all are at 100%

transferred out - beginning x percentage of completion + ending x % completion

20,000 - 600 x 100% + 2,000 x 100% =

20,000 - 600 + 2,000 = 21,400

equivalent cost per unit: 2,568,000 / 21,400 = 120

Ending WIP: 2,000 units x 100% x 120 = $ 240,000

Conversion equivalent units

transferred out - beginning x percentage of completion + ending x % completion

20,000 - 600 x 60% + 2,000 x 20%

20,000 - 360 + 400 = 20,040 units

equivalent cost per unit CC: 3,006,000 / 20,040 = $ 150

Ending WIP_ 2,000 units x 20% x $ 150 = $ 60,000

Ending WIP: 240,000 + 60,000 = 300,000 accumulated cost.

7 0

3 years ago