Answer:
It is easy to post transactions to the ledger accounts after recording them in the prime entry books.
Reduce the number of entries posted in the ledger because the totals of prime entry books are posted to the ledger.
Minimize accounting errors and it is easy to find out such errors.
Explanation:
Answer: See attachment
Explanation:
Based on the information provided, the question has been solved and attached.
Profitability for Alpha:
Revenue = $100,000
Cost = $39800
Profit = $60200
Profitability for Beta:
Revenue = $100,000
Cost = $26350
Profit = $73650
Profitability for Gamma:
Revenue = $100,000
Cost = $27440
Profit = $72560
Answer:
The correct answer is option D.
Explanation:
As the price level decreases, the purchasing power of money increases. Or in other words, the real value of cash balances will increase.
This implies that consumers will need lesser money to purchase more goods and services. As a result, the total expenditure will increase.
An increase in the price level, on the other hand, will cause the purchasing power and real value of money balances to decrease. As a result, the total expenditure will decrease.
The costs of welfare can vary in which country your in but it can amount to a big percentage in spending here.
Consequences can be positive, as poverty could otherwise lead to riots and violence, and the benefits of integrating the people in need into the society are big. On the other hand, too generous and easy to obtain support can lead to the fact that people would choose to stay on welfare rather than work.
Hope it helps :D
Answer:
Total cost of the delivery truck = $32596
Explanation:
given data
total cash payment = $36086
Negotiated purchase price = $27600
Installation of special shelving = 2650
Painting and lettering = 690
Motor vehicle license = 440
Annual insurance policy = 3050
Sales tax = 1,656
Total paid = $36,086
to find out
cost of the delivery truck
solution
we know that Motor vehicle license and Annual insurance policy are expended off to some appropriate expense account
Total cost of the delivery truck = Negotiated purchase price + Installation of special shelving + Painting and lettering + Sales tax
put here value
Total cost of the delivery truck = $27600 + $2650 + $690 + $1,656
Total cost of the delivery truck = $32596
