The ____ button resets slide placeholders to their default position, size, and text formatting.

Dominic is an architect and wants to represent a pocket door in the plan. Which symbol should he use?

ludmilkaskok [199]

Answer:

The answer is C.

4 0

3 years ago

QS 11-9 Recording warranty repairs LO P4 On September 11, 2016, Home Store sells a mower for $490 cash with a one-year warranty

prisoha [69]

Answer:

On September 11, 2016, Home Store sells a mower for $490 cash with a one-year warranty that covers parts

Recording of revenue:

Cash $490 (debit)

Revenue $490 (credit)

Recording of Warranty granted :

Assurance Warranty expense $49.00 (debit)

Warranty Provision $49.00 (credit)

$490 × 10% = $49.00

On July 24, 2017, the mower is brought in for repairs covered under the warranty requiring $34 in materials taken from the Repair Parts Inventory

When warranty is subsequently received:

Warranty Provision $ 34 (debit)

Repair Parts Inventory $ 34 (credit)

Explanation:

On September 11, 2016, Home Store sells a mower for $490 cash with a one-year warranty that covers parts

Recording of revenue:

Cash $490 (debit)

Revenue $490 (credit)

We Recognise Revenue to depict transfer of control of mower

Recording of Warranty granted :

Assurance Warranty expense $49.00 (debit)

Warranty Provision $49.00 (credit)

$490 × 10% = $49.00

There is no option for customer to take the warranty or not, so this is a service warranty.The warranty is measured at the best estimate of expenditure required to settle the obligation that is at 10% of sales.

On July 24, 2017, the mower is brought in for repairs covered under the warranty requiring $34 in materials taken from the Repair Parts Inventory

When warranty is subsequently received:

Warranty Provision $ 34 (debit)

Repair Parts Inventory $ 34 (credit)

Utilise the Warranty Provision when the warranty claim is subsequently received

7 0

4 years ago

Whispering enters into a licensing agreement with Pang Pharmaceutical for a drug under development. Whispering will receive a pa

777dan777 [17]

Answer:

Transaction price of the arrangement for Blair Biotech is $10,000,000.

2) Journal Entries for Blair.

Date Accounts Debit$ Credit$

12/20/2017 Accounts Receivable $10,000,000

License Revenue $10,000,000

01/15/2018 Cash $10,000,000

Accounts Receivable $10,000,000

Explanation:

8 0

3 years ago

A cash-basis sole proprietor had the following cash receipts and disbursement for the year: Net sales - $80,000 Cost of goods so

DIA [1.3K]

Answer:

Net Income is $17,000

Explanation:

A sole proprietor is not taxed as a business entity but all the income and expenses should be reported on the income tax return. On schedule C all the details of profit and loss should be submitted with Form 1040.

Net profit calculation to report on Schedule C is as follow:

Net sales - $80,000

Cost of goods sold ($40,000)

Gross Income $40,000

Operating expenses ($20,000)

Operating Income $20,000

Employee payroll taxes ($3,000)

Net Income $17,000

3 0

4 years ago

Technician who is responsible for keeping an airport's control tower's electronic equipment in working order has higher ________

Ronch [10]

The answer to the blank space in the question is task significance. Task significance is the extent to which a person’s job is perceived as important and has impact on both the company and customers.

Jobs with higher task significance would be perceived as important by both the person doing it and other people around him, including his co-workers and customers.

5 0

3 years ago