Answer: $500
Explanation:
Based on the scenario in the question, there's a breach of contract as the shirts aren't delivered and there are 50 t-shirts which cost $10 each that no one law is willing to buy because it has a school name and their mascot on the front.
Here, the maker of the shirt can sue for damages and since there's no resale, the amount to be sued for damages will be the price of each shirt multiplied by the total number of shirt. This will be:
= $10 × 50
= $500
Answer:
$152,450
.00
Explanation:
Depreciation is a non-cash item and as such, this will not be included in the cash disbursement for the month.
The cash disbursements for marketing and administrative expenses on the June marketing and administrative expense budget will consider the fixed and variable costs elements excluding depreciation.
Cash disbursements for marketing and administrative expenses on the June marketing and administrative expense budget
= ($1.10 * 7500) + ($152,250 - $8,050)
= $152,450
.00
Answer:
C. Change OWD of employee custom object to Private and Lookup self-relationship to store only new restricted information.
Explanation:
Universal Container should store the Employee information with restricted access and inability to edit the details. If the editing features are enabled then anyone can edit the details relating to performance evaluations and salary data. The data stored should be accessed by limited staff with master and parent details access setup in order to secure data from misuse.
The total equity is $113,000.
<h3>What is the total equity?</h3>
Equity is the difference between assets and liabilities.
Liabilities are future benefits that would have to be sacrificed in the future by an entity to other entities as a result of past transactions. Liabilities include account payable.
Assets are resources that are used to generate income for the business. Assets include accounts receivable, office equipment and cash.
Equity = ($30,000 + $50,000 + $64,000) - $31,000 = $113,000
To learn more about liabilities, please check: brainly.com/question/26513242
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Answer:
3. The principle in accounting which allows the recognition of accounts receivable and accounts payable transactions into the accounting books is the matching principle.
4. The accounting principle that is applied to determine the performance of an entity at the end of the financial period is the periodicity principle.
Explanation:
a) The matching principle ensures that revenue for a period is matched to the cost incurred in generating that revenue in that period. It is not only when revenue or costs are received or incurred that they should be accounted for. Instead, they must be accounted for whether cash has been received or paid for the transaction or not.
b) The periodicity principle ensures that the financial performance of an entity is determined periodically. This enables comparison of the performances with other segments, organizations, and industries.