Answer:
B) Sales discounts.
Explanation:
Sales Discount is a contra revenue account which is adjusted in the sales to calculate the net sales value.
As the following transaction is already been recorded at the time of sale
Dr. Account receivable xxxx
Cr. Sales xxxx
Sales account will not be debited to adjust the transaction. we will record this transaction in sales discount account which will ultimately adjusted.
Answer: the correct answer is a. Machine B
Explanation:
Machine A average rate return
40000 out of 300000. It means that 300000 is 100% and $ 40000 is X. We apply a simple three rule:
40000 X X= 4000000/300000
300000 100% X= 13.33%
Machine B average rate return
50000 out of 250000. It means that 250000 is 100% and $ 50000 is X. We apply a simple three rule:
50000 X X= 5000000/250000
250000 100% X= 20%
Machine C average rate return
$75,000 out of $500,000. It means that $500,000 is 1005 and $75,000 is X. We apply a simple three rule
$75,000 X X=7500000/500000
$500,000 100% X= 15%
The highest average is the one onf Machine B
Answer:
Explanation:
if the question is select multiple answers then both A and C. if it is just one answer then A.
Answer:
need the pt srry hope you dont get made
Explanation:
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
