Answer:
The correct answer is Option A.
Explanation:
The concept of double entry says for every debit entry, there must be a corresponding credit entry. This is necessary for the journal entries to balance, that is, the total of the debit balance must always equal the credit balance.
The building purchased by BOC is an asset. So there is need to debit that account to recognize the asset. Since there was an outflow of cash to the tune of $50,000, we need to credit cash while the remaining balance being financed by mortgage will be credited to recognize the liability.
The Answer would be D. This is because Zeke learned how to market his lemonade stand and was able to make sales while providing a service. The same thing he did in order to fundraise for his class.
Hope this helps :)
Answer:
$3.10 per litre
Explanation:
Riverbed will agree to buy the additional cranberries for at most $3.10 per litre since this is their normal selling price. They can buy at this price and accept to not make profit since they are out to satisfy customers now and are not necessarily looking to make profit.
Therefore cost of purchase of extra cranberries would equal selling price at maximum
Answer:
The correct answer is letter "B": Prototyping.
Explanation:
Prototyping is a method of evaluating the possible success of a business by creating a replica of what the operations of the company would be. Prototyping provides investors an idea of what the business could be like spotting improvement areas before the company starts the real production.
Answer:
Option A. Two - Third of a television
Explanation:
Using Unitary Method,
Here, the opportunity cost of producing 150 pounds of food in US = 100 televisions
Similary the opportunity cost of producing 1 pound of food in US = 100 / 150 televisions = 0.66 televisions = 2/3 televisions
So the right option is A.
