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quester [9]
2 years ago
9

EB14.

Business
1 answer:
Lelechka [254]2 years ago
3 0

Answer:

Journal entries for the Completion of Job 113

Debit Finished Good/Inventory Account     $ 7500

Credit WIP JOB 113 Account                         $ 7500

(In words we will debit finished good account by shifting work in process related to the job 113 in it)

Journal entries for the Completion and sale of Job 85

Debit Finished Good/Inventory Account     $ 2300

Credit WIP JOB 113 Account                         $ 2300

For sales following two entries will be passed.

Debit Cost of Good Sold Account                    $ 2300

Credit Finished Good/Inventory Account        $ 2300

Debit Cash (or Receivable if credit sale)          $ 4500

Credit Sales Account                                         $ 4500

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A fundamental aspect of _____ is that it effectively conducts global business by providing an individual the right to freedom of
Rus_ich [418]

Answer:

<u>Democracy.</u>

Explanation:

Democracy is a social organization characterized by popular influence and participation in the political decision-making process. In the democratic regime, the people are free to choose their rulers through votes.

It can be defined in a broader context as a constitutional, electoral and administrative order, the foundations of which must be established according to a social system. Some fundamentals of democracy are:

  • Freedom of expression and opinion of the individual.
  • Freedom of expression and political opinion of the individual.  
  • Equal political rights and favorable opportunities for the people and parties to speak out on decisions of general interest.
5 0
2 years ago
It is said that there are a number of steps in designing an effective service system which include a) Establishing procedures to
MAXImum [283]

Answer is in a file below

cutt.us/tWGpn

5 0
3 years ago
For those brave enough to act effectively now to stabilise and protect your
andrew11 [14]

Answer:

One important financial reporting instrument for measuring and assessing an organisations liquidity risk is the Cash Flows statement. It speaks to the availability of cash in the short term, and or assets that can be readily converted to cash.

In other words, when a business has immediate financial obligations, cash refers to those resources that can be used to satisfy them.

An understanding of cash flows is crucial to business success because it:

  • provides a clear picture of an organisations cash status or liquidity;
  • helps business owners plan for how much cash expected in the future and when it is likely to come;
  • when organisations want to benchmark their performance against one another, it becomes very handy and useful. Banks, for instance, measure the ability of a business to meet it's liquidity requirements as a measure of eligibility to receive additional finance.

One way companies can maintain liquidity during this pandemic is to control overhead expenses. Necessity is the mother of invention. Companies can have their team brainstorm on creative ways to cut down on operational, administrative and production costs. Some costs which can be considered for downward revision are rent, labor costs (such as business performance incentives), professional fees, marketing costs, advertising costs, public relations etc.

Cheers!

7 0
3 years ago
Johnson Trucking Company wants to determine a fuel surcharge to add to its customers' bills based on the number of miles driven
BARSIC [14]

Answer:

Variable cost per unit= $1.16 per mile

Explanation:

Giving the following information:

January 16,200 $22,650

February 17000 $23,250

March 18400 $25,450

Apri 16500 $22,875

May 17400 $23,550

June 15300 $21,850

<u>To calculate the variable cost per mile under the high-low method, we need to use the following formula:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (25,450 - 21,850) / (18,400 - 15,300)

Variable cost per unit= $1.16 per mile

7 0
2 years ago
Jill Parker owns​ 2,000 acres of ranchland in Iowa.​ Recently, a supply of natural gas was discovered on her property. Not knowi
jek_recluse [69]

Answer: C. Jill should focus on the business market and license the natural gas rights.

Explanation:

Option C is indeed the right answer. Focusing on the Business Market will get her a better deal because larger companies will be involved.

It would be very advantageous to license the rights as there will be various bids for the license with the largest bid getting it and only for a period of time.

Going with this option can get Jill a better deal all round.

6 0
3 years ago
Read 2 more answers
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