Answer:
cash 19,300,000 debit
unearned revenues 19,300,000 credit
unearned revenues 12,700,000 credit
sales revenues 12,700,000 credit
balance:
19,300,000 - 12,700,000 = 6,600,000 balance
Explanation:
the gift card will be considered a liaiblity as it generates an obligation to Apple to latter provide their services/goods.
Once the gift card are redeem the company is able to recognize revenue as it has provided the goods to the customers.
Answer:
b. 104
Explanation:
" Arona uses a weighted-average process cost "
Equivalent units as the materials are added entiely at the beginning of the process the equivalent untis will match the physical units:
84 complete and transferred + 20 ending inventory = 104
under weighted average the ocompany's don't make the difference among started and started and complete like in FIFO
Answer:
The price of fertilizer must be greater than average variable cost.
Explanation:
- Being a perfectly competitive market the prices of the fertilizers will rise. As the forms are making economic losses the prices must be greater the average variable costs.
Answer:
C. Both A and B
Explanation:
Operation Costing:
is the acccount of process costing until there is a split-point when the costing systems moves to job system.
This means the materials are calculate with calculate with process costing. And then there is a degree of customization which makes the job costing useful.
(A) FALSE is the other way around. The system use process costing until split point, when it switch to job costing for specific procedures.
(B) FALSE
An automobile manufacturer do the same car over and over.
There is no difference between the car. It will use process costing.
Answer:
Adam smith is Abigail Smiths husband
Explanation:
They have been married for centies
