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3 years ago

Why are we forced to make choices in day-to-day life?

Business

1 answer:

OLga [1]3 years ago

6 0

Answer:

Because of resources are limited and we must decide

Explanation:

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Select the items below which must be adjusted to the book balance: ________

Alona [7]

Answer:

b. Book Error

e. Interest earned on the Checking account

f. Collections of Accounts receivable by the bank.

Explanation:

Items which must be adjusted to the book balance as this question is concerned are Book Error, Interest earned on the Checking account & Collections of Accounts receivable by the bank.

These above items require adjustment in book balance to compute the adjusted book balance.

6 0

3 years ago

A(n) ________ is defined as a business that is independently owned and operated and is not dominant in its field of operations.

Wittaler [7]

A Small business is defined as a business that is independently owned and operated and is not dominant in its field of operations.

7 0

3 years ago

During the year, a company recorded prepayments of expenses in asset accounts, and cash receipts of unearned revenues in liabili

bonufazy [111]

Answer:

(1) accrue salaries expense

Debit [e.] Salaries Expense

Credit [g.] Salaries Payable

--------------------

(2) adjust the Unearned Services Revenue account to recognize earned revenue

Debit [a.] Unearned Services Revenue

Credit [f.] Services Revenue

--------------------

(3) record services revenue for which cash will be received the following period.

Debit [b.] Accounts Receivable

credit [f.] Services Revenue

3 0

3 years ago

The set of activities required to first identify a need, assign a supplier to meet that need, approve the specification or sc

timama [110]

Answer:

B. procure-to-pay cycle.

Explanation:

Procure to pay -

It is the method of purchasing , requisitioning , accounting or paying for any services or goods .

It is the set of activities , which are needed firstly , to detect the need , to assign the supplier , approve it , acknowledge the receipt and at last payment to the supplier .

Hence , the correct term for the given statement is B. procure-to-pay cycle .

6 0

3 years ago

Rio Coffee Shoppe sells two coffee drinks, a regular coffee and a latte. The two drinks have the following prices and cost chara

stepan [7]

Answer:

a) Regular coffee cups required to be sold = 4,690

b) Latte cups required to be sold = 2,010

Explanation:

As per the data given in the question,

For computing Contribution per mix :

Particulars Regular Coffee Latte

Sales price $1.60 $2.80

Less: variable cost $0.90 $1.70

Contribution $0.70 $1.10

Contribution per mix = ($0.70 × 70%) + ($1.10 × 30%)

= $0.82

Breakeven point at sales mix = Fixed cost ÷ Contribution per mix

=$5,494 ÷ $0.82

= 6,700 mixes

Requirement:

Cups of regular coffee for breakeven = Breakeven at sales mix × %of regular coffee sales

=6,700 × 70%

= 4,690 Cups

Cups of latte for breakeven = Breakeven at sales mix × %of latte sales

=6,700 × 30%

=2,010 Cups

3 0

3 years ago