Answer:
Dr Rent revenue
Cr Unearned rent revenue, $4,500
Explanation:
Preparation of XYZ Company Journal entry
Since we were told that the Company received the amount of $18,000 on April 1, 2020 for a one year's rent paid in advance in which the transaction has a credit to a nominal account, this means we have to record the transaction by Debiting Rent revenue with 4,500 and Crediting Unearned rent revenue, with the same amount of $4,500 calculated as
(3/12 x $18,000 ).
Dr Rent revenue
Cr Unearned rent revenue, $4,500
(3/12 x $18,000 )
Answer:
909.09
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero
Breakeven quantity = fixed cost / price – variable cost per unit
$20,000 / 58 - 36 = 909.09
Franklin replies that Ashley should add information about the job responsibilities, work schedule, and starting date.
<u>Explanation:</u>
The job offer letter is delivered by the authority to permit and ask an individual officially to join the firm or an organization under given time period by responding in respective manner. This offer letter for job joining carry various basic information like
- Job profile: which carry the type of work candidate need to perform in firm.
- Job responsibilities: carry point wise all the work or duties one need to perform on daily basis especially and also occasionally like closing or festive time.
- Work schedule: carry the stage wise or time allotment to each duty respectively.
- Joining date: the very important information is date, time and venue of joining.
That statement is false
according to <span>IX Boston Consulting Group Model, a star will became a<em> cash cow</em> </span><span>if it still has the largest market share under this circumstances.
This means that the company still making enough cash for its employees and still enjoy a pretty high-profit margin.
</span>
Answer:
$7,680
Explanation:
The computation of the sales revenue in April month is shown below:
= Sales revenue - discount
where,
Sales revenue = Number of horseshoes × price per shoe
= 4,000 horseshoes × $2
= $8,000
And, the discount equal to
= Sales revenue × discount percentage
= 8,000 horseshoes × 2%
= 3$20
Now put these values to the above formula
So, the value would be equal to
= $8,000 - $320
= $7,680
