Answer:
events
Explanation:
it is an emergency situations that needs to be answered quickly
Answer:
Margin of safety ratio= 0.12
Explanation:
Giving the following information:
Sales= 1,250 units
Break-even point in sales= $13,200
Selling price= $12
<u>First, we need to determine the current sales in dollars:</u>
Sales in dollars= 1,250*12= $15,000
<u>Now, the margin of safety ratio:</u>
Margin of safety ratio= (current sales level - break-even point)/current sales level
Margin of safety ratio= (15,000 - 13,200) / 15,000
Margin of safety ratio= 0.12
Answer:
The correct answer is:
- Journalized business transactions are posted to the ledger.
- An unadjusted trial balance is prepared.
- Financial statements are prepared.
- Closing entries are journalized and posted to the ledger.
- A post-closing trial balance is prepared.
Explanation:
The following phases or stages are distinguished in the accounting process or cycle:
- Initial situation balance.
- Accounting opening.
- Record of the operations of the year.
- Periodification
- Adjustments prior to the determination of the benefit - or loss - generated in the year.
- Balance check sums and balances.
- Calculation of the result.
- Accounting closing.
- Annual accounts.
- Distribution of the result.
You really don't have to have a degree most of my friends are cosmetologist and they don't have degrees they just have license
'The final step in recognizing the completion of production requires a company to debit Finished-Goods Inventory and credit Work-in-Process Inventory.
Production is the process of making or producing goods or products from raw materials or parts. In other words, production takes inputs and uses them to create outputs suitable for consumption, i.e. goods or products of value to the end-user or customer.
Production is the process of making, harvesting, or creating something, or the quantity of something manufactured or harvested. An example of production is the manufacture of furniture. An example of production is harvesting corn for food. An example of production is corn production.
The economist classifies the factors of production into his four categories: land, labor, capital and entrepreneurship. The first element of production is land, which includes all natural resources used to produce goods and services.
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