A company should immediately recognize ANY LOSS WHEN IT IGNORANTLY PAYS TOO MUCH FOR AN ASSET ORIGINALLY. Acquisition of company's assets has to be planned carefully to ensure that only needed equipment are acquired at the right cost or minimum cost possible. When too much is paid for any asset it must immediately be recognized as a loss.  
        
             
        
        
        
Should be a balance sheet.
        
             
        
        
        
Answer:
Avoidable fixed costs = $75,000 - $19,500 = $55,500
Segment margin = Contribution margin - Avoidable fixed costs 
Segment margin = $25,000 - $55,500
Segment margin = -$30,500
If the department were eliminated, the company would eliminate the department's negative segment margin of $30,500
 
        
             
        
        
        
 Answer:
Dr Account receivable $65,940
Cr Sales Revenue $62,800
Cr Sales tax payable $3,140
Explanation:
Sales of merchandise inventory on account
Dr Account receivable $65,940
Cr Sales Revenue $62,800
Cr Sales tax payable $3,140
Sales tax payable = Sales Revenue × Sales tax percentage
$62,800×5%
=$3,140
Amount of account receivable 
Account receivable = Sales Revenue + Sales tax payable
$62,800+ $3,140
=$65,940
 
        
             
        
        
        
Answer:
Reverse annuity mortgage RAM
Explanation: