The gig economy is a free market system in which temporary, flexible jobs are commonplace and companies bring on independent contractors and freelancers instead of full-time employees, and in many cases, for short-term engagements.Jul
Answer:
<u>journal entries to record revenues and gains:</u>
Dr Cash 193,000
Cr Sales revenue 193,000
Dr Cash 35,000
Cr Asset 30,000
Cr Gain on sale of asset 5,000
<u>journal entry to record COGS:</u>
Dr Cost of goods sold 108,900
Cr Merchandise inventory 108,900
<u>journal entries to record expenses:</u>
Dr Depreciation expense 7,500
Dr Vehicle expense 2,800
Dr Interest expense 15,600
Dr Pension expense 7,500
Cr Cash 50,600
Dr Other operating expenses 18,400
Cr Cash 18,400
<u>journal entries to record dividends (declaration and payment):</u>
Dr Retained earnings 13,800
Cr Dividends payable 13,800
Dr Dividends payable 13,800
Cr Cash 13,800
Answer: Marketing Intelligence.
Explanation:
BruceCo action to gather information on coffee from newspapers of various major cities around the world is method by which they increase their market intelligence. Market intelligence is a method business use to increase knowledge about their target market by gathering information on that market.
Answer:
A. NA = NA + NA NA -NA = NA NA NA
Explanation:
As Year 2 the customer paid Loudoun the $1,050,which was written off On April 4, Year 1.
Therefore, the following journal entries to record the transaction.
Accounts receivable debit $1,050
Allowance for doubtful accounts credit $1,050
To record reinstatement of accounts receivable.
Cash debit $1,050
Accounts receivable credit $1,050
As one asset account is increase and another asset account is decreased.
It means the employer is currently viewing your application but will consider hiring you in the future.