True, you don’t want to spend more money on wants instead of needs because if you do you won’t have enough money for things that you really need.
Answer:
B) Debts can usually be erased in about 6 months.
Answer and Explanation:
The computation of the equivalent units of production for both materials and conversion costs is given below:
For material
= Units completed + ending work in process × completion percentage
= 7,700 + 2,100 × 0.75
= 9,275 units
And, for conversion cost
= Units completed + ending work in process × completion percentage
= 7,700 + 2,100 × 0.25
= 8,225 units
Answer:
c. governmental interventions
Answer:
Explanation:
S/No Date Transaction Dr($) Cr($)
1 Oct.1 Rent Expense 3,600
Cash 3,600
2. Oct.3 Advert. Expenses 1,200
Cash 1,200
3. Oct.5 Supplies 750
Cash 750
4 Oct.6 Office equipment 8000
Accounts Payable 8,000
5 Oct.10 Cash 1 4,800
Accounts receivable 14,800
6 Oct.15 Accounts payable 7,110
Cash 7,110
7. Oct.27 Miscellaneous 400
Cash 400
8 Oct.30 Utilities Expenses 250
Cash 250
9 Oct 31 Accounts receivable 33,100
Fees earned 33,100
10 Oct.31 Utility Expense 1,050
Cash 1050
11 Oct.31 Drawings 2,500
Cash 2,500