The journal entries to record this event under each of the following separate situations.
A Journal entry is a record of the commercial enterprise transactions inside the accounting books of a enterprise. A well documented journal entry consists of the ideal date, amounts to be debited and credited, description of the transaction and a unique reference wide variety. A journal entry is the first step within the accounting cycle.
Journal entry
No account and explanation Debit Credit
a Cash 54200
Common Stock (6000*6) 36000
Paid in Capital in excess of par value-Common Stock 18200
b Cash 54200
Common Stock 54200
c Cash 54200
Common Stock (6000*3) 18000
Paid in Capital in excess of stated value-Common Stock 36200
Learn more about Journal entry here:-brainly.com/question/28390337
#SPJ4
Option B, Competitive priorities are the cost, quality, time and flexibility dimensions that a process or supply chain actually possesses and is able to deliver.
<u>Explanation:
</u>
Competitive goals are vital dimensions to please both internally and externally consumers of the system or supply chain, either now or in the future.
Competitive characteristics are the expense, the efficiency, the time and the dimension of versatility that a system or supply chain can really deliver.
Cost: Low-cost operation: distribution to the fulfillment of the internally or externally buyers of the processor food supply of a product at the minimum cost. (Costco)
Quality: reliable production of goods or services that follow design requirements. (McDonalds)
Time: rapid introduction of a new service or product
.
Flexibility: accelerate or decelerate service and/or product production rates to tackle significant demand variations quickly
.
Answer:
Im going with B
Explanation:
purchasing property is a investment because when you purchase a property later on it will increase in value if you add things to to it for example: you see a since 2 acre land for 120K and you buy it and make a house for 200K with the house built it would have a huge increase in value over time, hope it help!
Answer:
Mandates, Option B is not a part of 5Ms.
Explanation:
The cost of production is the total sum of money spent as the cost of the resources that went into making the final product. This cost can include different factors of production.
They would include labor (Man), capital (Money), Materials that are processed or assembles to make the final product, Machinery (which actually helps creating the product), Measurement or Method (Each product follows a process or a method for completion). These are the 5Ms of cost of production. So, the M that is not a part of this is Mandates, option B.
Answer:
$332 favorable
Explanation:
The computation of the spending variance is shown below:
= Actual supplies cost - flexible supplies cost
where
Actual supplies cost is $2,310
And, the flexible supplies cost would be
= Actual level of activity × price per vehicle + supplies cost per month
= 54 vehicles ×$13 + $1,940
= $702 + $1,940
= $2,642
Now put these values to the above formula
So, the value would equal to
= $2,310 - $2,642
= $332 favorable