Cash transactions are more likely to be recorded incorrectly than other types of transactions since they happen more frequently.
<h3>What do you name a transaction?</h3>
A transaction is what? An executed contract between such a seller and a buyer to trade goods, services, or capital instruments in exchange for money is known as a transaction. The phrase is also frequently used in business accounting. In corporate bookkeeping, this easy notion could be difficult to apply.
<h3>Do you mean by transaction "payment"?</h3>
A transaction is the outcome of a contract between such a seller and a buyer. In a trade, the seller exchanges cash for the provision of goods, services, or other financial assets. A company's lifeblood is its financial activities, which enable them to produce a consistent revenue stream and manage cash flow.
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Answer:
$235,000
Explanation:
The computation of the goodwill amount attributed is shown below:
Common stock $1,660,000
Preferred stock $630,000
Non controlling interest in common stock $415,000
Non controlling interest in preferred stock $270,000
Fair value at acquisition date $2,975,000
Book value $2,740,000 (560,000 + $810,000 + $360,000 + $1,010,000)
Goodwill $235,000
Answer:
total revenue for the month = $18000
Explanation:
given data
makes quilting kits priced = $120 each
materials each kit total = $45
labor to assemble a kit = $5
rent and insurance = $1,000
heat and electricity = $200
advertising = $500
monthly salary = $4,500
sold = 150 kits
to find out
total revenue for the month
solution
we get here total revenue for a company that will be here product of the price
and it charge for product and no of product it sell so It is nothing to do with cost
so now the total revenue for the month will be
total revenue = sold × makes quilting kits priced
total revenue = 150 × $120
total revenue for the month = $18000
LeBron James would have the absolute advantage in mowing the lawn. This is because he can get in done in two hours rather than the four hours it would take Neighbor Scotty to do it. However, he would have a much higher opportunity cost, which is why Neighbor Scotty has the comparative advantage. He may not be able to mow the lawn as quickly as Lebron, but he can do it with a lowe opportunity cost.
