Answer:
The correct answer is option B. pictures.
Explanation:
A blog is a type of web site where its author periodically publishes content on it.
In a blog, people can post comments and interact with the content that the author is publishing.
Blogs can serve as a good marketing tool since they allow to attract a certain audience, and they also have the necessary tools so that a reader can have access to the contact of the company for example.
What would make a blog more attractive are the pictures. Pictures can attract much attention from the public and will give a good design to your blog.
Answer:
Option A. Debit unrealized holding gain or loss for $400,000 and credit estimated liability on purchase commitment for $400,000.
Explanation:
According to the Accounting Principles losse are always debited and gains are always credited. This means that the notional loss or gain due to the decrease or increase in the value of the contract must be recorded in the current year by debit or credit respectively.
The notional gain or loss at the end of fiscal year, can be calculated by taking the difference of the Agreed value and the current market value of the contract.
The agreed value of the contract is $2,000,000 and the Market Value is $1,600,000, which means that the unrealized losses are $400,000 ($2,000,000 - $1,600,000).
The double entry would be recording the losses of $400,000 due to technologically decrease in the value:
Dr Unrealized Loss $400000
Cr Estimated liability on Purchase Commitment $400000
Answer:
$37,000 and $13,000
Explanation:
The computation of the accounting profit and the economic profit is shown below:
Accounting profit = Total revenue - explicit cost
where,
Explicit cost = cost of helper + annual rent + material cost
= $12,000 + $5,000 + $20,000
= $37,000
So, the accounting profit is
= $72,000 - $37,000
= $35,000
And, the economic profit is
= Revenue - explicit cost - implicit cost
where,
Implicit cost = renting equipment + working for competitor + worth of entrepreneurial talents
= $4,000 + $15,000 + $3,000
= $22,000
So, the economic profit is
= $35,000 - $22,000
= $13,000
Answer:
The correct answer is 2. provides the supporting reasons before the primary message.
Explanation:
Answer:
The journal entry is shown below:
Explanation:
The journal entry for the sale of the goods using the system of perpetual inventory is shown below:
Cost of Goods sold A/c.............................Dr XXXX
Inventory A/c........................................Cr XXXX
Being record the sale using perpetual inventory system
Under the system of perpetual inventory, the sale or the purchase of inventory is recorded immediately using the point of sale system.
So, account of Cost of goods sold (COGS) is debited against the inventory which is sold through the business and that is credited.
