Answer:
B. Digital Technologies
Explanation:
Digital technologies are electronic tools, systems, devices and resources that generate, store and process data. Enterprises and firms tend to use these technologies in their business in order to create new value in business models, improve customer experiences and internal abilities that support its core operations.
Many young firms when competing with incumbent firms usually adopt these digital technologies quickly in order to make their products and services more attractive to customers by providing personalized services and greater attention to details that most of those incumbent firms that haven't adopted the technologies don't do.
Answer:
Dr. Cr.
Work in progess 68,000
Manufacturing overhead 68,000
Explanation:
The appliesmanufacturing overhead will be recorded to work in process account by debiting Work in process and crediting manufacturing overhead account. Now it will be added to the value of work in process and ultimately added to the value of finished goods which is Inventory value.
i believe it is all but 2
Answer:
Correct answer is B, Debit cash $38,800, debit factoring fee expense $1,200 and a credit of Accounts receivable of $40,000
Explanation:
Factoring is one way to raise fund for immediate use of the company. It is a way to sell accounts receivable of the company. The above-mentioned problem is to sell accounts receivable (factored) with the corresponding factoring fee of 3% and that is $1,200 (40,000 x 3%). In effect of this fee, the company will receive cash less than the amount of its accounts receivable sold. The company will record the inflow of cash at $38,800 (40,000 - 3%) and will also recognize an expense incurred during the factoring in the amount of $1,200 and finally will credit the sold accounts receivable in the amount of $40,000.
