The sales revenue will be recorded in the comprehensive Income after net of sales return.
The account receivables shows the credit sales made and the amount not recovered till yet from the customers.
Hence sales will come at top of profit and loss.
Sales return will come in noted to the financial statements in sales note.
And account receivables will be shown in balance sheet as current asset.
Answer:
a. 863
Explanation:
Calculation for the order quantity
Order quantity = 75 x (10 + 2) + (1.64 x 8) - 50
Order quantity = (75 x 12) + (1.64 x 8) - 50
Order quantity= 900 + 13.12 - 50
Order quantity= 863.12
Order quantity = 863
Therefore the Order quantity will be 863
The reason why hosa require students to joint through local chapter instead of joining as individuals is :
Hosa activities are so closely connected with the school curriculum,
And this curriculum usually more compatible if it's carried out in groups.
Answer:
shifts inward to the left and both intercepts will decline.
Explanation:
A budget line shows the various combinations an individual can purchase of two goods given an income level or budget.
When there is an increase in price, the number of goods that can be bought at all price levels decreases, there is a shift in the budget line to the left.
This is illustrated in the attached diagram. When price increases there is a shift from A'B' to AB
Answer:
B. $4,700
Explanation:
Calculation for the amount realized by Casey in the exchange
Using this formula
Amount realized in the exchange=Fair market value+ Qualifies deferral transaction+Property transferred Liability-Incurred selling expenses
Let plug in the formula
Amount realized in the exchange=$4,000 +$400 +$600 - $300
Amount realized in the exchange=$4,700
Therefore the amount realized by Casey in the exchange will be $4,700
