Answer:
Journal Entries
Apr 08 Debit Bank $5,760 Debit Service charges $240 Credit Revenue $6,000
Debit Cost of goods sold $4,434 Credit Inventory $4,434
Apr 12 Debit Accounts Receivable $7,020 Debit Service charges $180 Credit Revenue $7,200
Debit Cost of goods sold $4,666 Credit Inventory $4,666
Apr 20 Debit Bank $7,020 Credit Accounts Receivable $7,020
Explanation:
Judging by the last transaction, The business first requires deposits from Continental card's bank hence the receiving of check at a later stage.
The answer is a particular method of preparing fish and other seafood. The most celebrated Veracruz dish for the Mexicans is the Huachinango a la Veracruzana. It is a heated entire fish canvassed in a tomato based sauce enhanced with generally European fixings, for example, olives, garlic, tricks and that's only the tip of the iceberg.
Answer:
Option d Cost of goods sold $620; Ending inventory $180 is the correct answer.
Explanation:
Under the periodic FIFO or First In First Out of inventory valuation, we calculate the value of inventory available for sale and at the end of the period we calculate the cost of goods sold by taking the first purchased inventories to be the ones that are sold first.
Thus, under the FIFO method, the cost of goods sold comprises of the cost of inventories that were purchased first and the cost of ending inventory comprises of the cost of most recently purchased inventories.
Jan 1 Beginning Inventory ( 140 * 4) = 560
June 2 Purchase (80 * 3) = <u> 240</u>
Cost of goods available for sale = 800
On November 5, 160 units are sold. Out of these 160 units, under FIFO, 140 units are from the beginning inventory and the remaining 20 units from June purchases.
So, Cost of goods sold is,
COGS = 140 * 4 + 20 * 3
COGS = 620
Ending inventory = 800 - 620 = 180
Available Options are:
a) growth
b) yield
c) tax consequences
d) liquidity
Answer:
Option D. Liquidity
Explanation:
The reason is that Leslie is worried about having back its money that will be invested in the time of need. So she sure that the amount will be required in the coming future and that she wants to earn a small profit for the time being. So the money worries are also referred to as liquidity concerns.
Answer:
B. Was a hygiene factor rather than a motivator
Explanation:
The Herzberg theory of motivation identified two factors of motivation, which are the hygiene factor and the motivators.
The hygiene factors include, good pay, job security, fringe benefit etc. These factors doesn't give positive satisfaction or motivators but their absent causes dissatisfaction. on the other hand the motivators give positive satisfactions the motivators includes recognition for one's achievement, responsibility, involvement in decision making, having sense of importance to an organization