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Sever21 [200]
4 years ago
10

Gage buys from fishing guide corporation the exclusive right to sell fishing guide rods and reels in a certain area. their franc

hise agree­ment requires gage to pay certain administrative expenses. their agreement may also require gage to pay a percentage of the franchisor’s?
Business
1 answer:
Vinvika [58]4 years ago
5 0
The answer is advertising costs. Advertising fee implies a periodical expense paid by the franchisee to the franchisor for the use caused in corporate promoting. Corporate publicizing costs incorporate promoting and other showcasing programs for the diversified business. 
A class incorporated into money related bookkeeping to speak to costs related to advancing an industry, substance, mark, item name, or particular items or administrations keeping in mind the end goal to animate a want to purchase the element's items or administrations.
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"on may 1, mesa verde, inc. purchased a 2-year insurance policy for $15,600. prepaid insurance was debited for the entire amount
N76 [4]

The journal entry on May 1 was:

A debit to Prepaid Insurance for 15,600


And a credit to cash for 15,600

 

Prepaid Insurance is the share of an insurance premium that has been paid in early and has not finished as of the balance sheet date.

The monthly insurance payment for two years is computed by 15,600/24 months which is $650 per month.

 

At December 31 the adjusting entry would be:

A debit to Insurance Expense 5,200

And a credit to Prepaid Insurance for 5,200

 

5,200 is computed by:

650 x 8 months (starting from May 1 to December 31) = 5,200

5 0
3 years ago
12. Describe an alternative investment that you might invest in someday, and explain why this investment is appealing to you
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I would invest in building my own house. This is appealing to me because I want  to raise a family in a nice house that I have built. 
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3 years ago
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Boswell Company manufactures two products, Regular and Supreme. Boswell’s overhead costs consist of machining, $3600000; and ass
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D is correct my luv good luck
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4 years ago
Demand is the __________ and __________ to buy a given good or service. a. passion . . . desire b. willingness . . . ability c.
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I think the answer is C need .... opportunity

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2 years ago
T/F if you have built castles in the air, your work need not be lost; that is where they should be. now put the foundations unde
Damm [24]

It implies that you don't have to give up on your unachievable objectives or lofty aspirations. You should have big dreams. You must go to work.

<h3>What exactly does it mean to "construct castles in the air"?</h3>

ideas with an extremely slim possibility of success. Your effort need not be lost if you have constructed castles in the sky; that is where they belong. Place foundations beneath them now. Henry David Thoreau, to wit. These statements have a powerful impact on both young adults looking for their place in the world and adults who have found their position but are unsure of what to do next.

<h3>Why shouldn't we erect castles in the sky?</h3>

Complete Resolution. The right response, which is dream, is option 3. Build castles in the air is a slang expression for making unattainable, impractical, or very improbable goals or dreams.

To know more about castles air visit:-

brainly.com/question/11628281

#SPJ4

7 0
1 year ago
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