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3 years ago

8

What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 30 cents

per unit, and the number of units sold decreases by 13%

2 answers:

Elena-2011 [213]3 years ago

7 0

Answer:

Unanswerable

Explanation:

Pls complete the question by providing the income statement

Luba_88 [7]3 years ago

3 0

Answer:

Explanation:

This is an incomplete question

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Adjustments help to ensure that all revenues are recorded in the period in which they are:______

Andrew [12]

Answer: made

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There are generally five types adjusting entries accrued revues, accrued expenses, deferred revenues, deferred expenses and deprecation expenses. Such entries are usually made at the end of the year in their respective accounts.

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On December 15, 2021, Rigsby Sales Co. sold a tract of land that cost $3,300,000 four $5,000,000. Rigsby appropriately uses the

Flura [38]

<u>Solution and Explanation:</u>

Installment Receivables (Net) of $2,905,600

Basis Particulars Debit Credit

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Deferred gross profit $1,800,000

Payment:- Cash $4,90,000

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Deferred Gross profit $165,600

Realised Gross profit $165,600

Instalment Receivables ($5,000,000 minus $490,000) = $4,510,000

Deferred gross profit ($1,800,000 minus $165,600) = $1,634,400

Instalment Receivables (Net) = $2,875,600

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<u>TRUE</u>

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Troyanec [42]

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3 years ago