Option C
To record this transaction, debit Equipment and credit Capital.
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Explanation</u>
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The session owner's equity is the part of the owner in the cumulative assets subsequent acknowledging rights of lenders. It can be observed in the balance sheet of an individual possessor and its value rises by supplementary expenditure and earnings.
The transaction relates to the expense of the owner in the market. The amount of the owner’s equity is enhanced when the owner improves the value of their capital augmentation. Things should be debited and accounts payable has no relationship to the transaction.
Answer:
The direct labor cost cannot be ascertained from the information given in the question
Explanation:
Direct materials+Direct labor cost= $8300000
In order to determine the labor cost of the $8300000, we need a clue as to the percentage of the labor cost in the total of $8300000 or the portion of $8300000 that belongs to direct materials.
Since such a hint is missing,we can simply guess, costs incurred cannot be shared out on a basis that has no relationship with reality,hence, the correct answer is that the direct labor cost cannot be determined based on details provided.
Ching Chong
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Answer:
Becky
Explanation:
A person has absolute advantage in the production of a good if she produces more quantities of the good compared to the other person.
Susan produces 4 pizzas in an hour while Becky produces 5 pizzas in an hour. So, Becky has an absolute advantage in the production of pizzas.
I hope my answer helps you