Service Revenue.................................65000
Rent Revenue..........................................6000
To Income Summary.....................................................71000
Income Summary..........................78900
To Depreciation Expense..............................................7000
To Salaries Expense.......................................................56400
To Utilitites Expense.........................................................15500
Retained Earnings.....................................................................7900
To Income Summary...............................................................................7900
The Kraft Heinz company mainly uses "Individual Branding'" for its mix of products.
This is because Individual Branding is a form of Branding strategy whereby a single firm uses different brand names for their newly created products.
These new brand names are designed or coined so that they are not related to the names of existing brands offered by the same company.
In this case, Kraft Heinz company mainly has multiple products with different brand names such as Capri Sun, Velveeta, Jell-O, Planters, Ore-Ida, Oscar Mayer, Maxwell House, etc.
Hence, in this case, it is concluded that Individual branding is one of the strategies for expanding products markets.
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Answer:. ............$
1. Bad debt Dr. 11.0000
Account receivable Or. 11.000
Narration: Bad debts writing off debtors
2. Cash/Bank. Dr 1800
Profit or loss Cr. 1800
Narration. Bad debt previously written off recovered
3. Profit or loss Dr 4000
Allowance for doubtful debts Cr
4000
Narration. Increase in provision for doubtful debts.
<u>Answer:</u>
<em>Purchased items or extracted materials that will be transformed into components or products are called (</em><u><em>A) Raw materials inventory
</em></u>
<u>Explanation:</u>
Raw materials inventory is the complete expense of all segment parts at present in stock, which is not in use, therefore, a continuous process or completed stock creation. There are two subcategories of crude materials, which are direct materials. These are materials fused into the last item.
Raw materials may at times be announced out of date, perhaps because they are never again utilized in organization items, or because they have debased while away, thus can never still be used
Xmax = -44545.45 / -363.63 = 122.50
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