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Thepotemich [5.8K]
3 years ago
5

On November 1, 2021, Green Valley Farm entered into a contract to buy a $150,000 harvester from JohnDeere. The contract required

Green Valley Farm to pay $150,000 in advance on November 1, 2021. Theharvester (cost of $110,000) was delivered on November 30, 2021. The journal entry to record thecontract on November 1, 2021 includes a
Business
1 answer:
Sati [7]3 years ago
6 0

Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

Cash Dr,                                       $150,000

    To Unearned sales revenue              $150,000

(Being receipt of cash in advance is recorded)

Therefore to record the inflow funds we debited cash and to record the liability/obligation to deliver such goods we credited unearned sales revenue.

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Name the social issues that you have chosen and motivate why you have chosen it​
Finger [1]

Answer:

I would choose violent crime.

Explanation:

It motivates me to choose it since it can help to make most of the other issues easier to tackle since where there is violent crime, there is usually the other issues stated in the list.

I hope this helps :)

3 0
2 years ago
Bette and Jamal are partners at a management consulting firm.
kodGreya [7K]

Answer:

Jamal

Explanation:

Given that

Number of required slides = 50 slides

Creating slides Per hour = 15 slides

Bill amount per hour = $750

So by considering the above information, Bette's opportunity cost of creating slides would be

= Bill amount per hour ÷ creating slides per hour

= $750 ÷ 15 per hour

= $50

For making 50 slides, the opportunity cost would be

= $50 × 50 slides

= $2,500

And, Jamal opportunity cost is 30% lower, so it would be  

= $50 - $50 × 30%

= $50 - $15

= $35

And, the billing rate is 25% higher, so it would be

= $750 + $750 × 25%

= $750 + $187.50

= $937.50

So in one hour, it would be

= $937.50 ÷ 35 slides

= 26 slides

Based on the creating slides, the Jamal gains a competitive advantage over Bette

4 0
2 years ago
What is economic unity
NemiM [27]

Answer:

the state of different areas or groups being joined together to form a single country or organization.

Explanation:

4 0
2 years ago
Voluntary exchange refers to an act of trading between individuals that makes both parties to the trade subjectively better off.
Bond [772]
The answer would be A. True
6 0
3 years ago
Formal communication within a business _____.
labwork [276]

Answer:

The answer is (B) typically follows the same path as the company’s organization chart.

Explanation:

Formal communication in a business refers to a type of communication that is intended to follow a certain agenda or written or expressed verbally in a formal tone. Because of its form and adherence to standards, it usually requires the approval of multiple parties within the organization, and thus follows the same lines as a company’s organization chart.

4 0
2 years ago
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