Answer:
b) debit accounts receivable, credit capital
Explanation:
Performing service is part of normal business activities. It generates revenue for the business.
Once a service has been performed, revenue increases. Revenue is an equity account (it increases the owner's equity). An increase to an equity account is recorded by crediting the account.
The payment will be received in 30 days. This is an increase in accounts receivables ( asset account). An increase in assets is recorded as a debit.
The executive summary is the part of formal business plan which discusses the industry, business structure, products and services and other plan to make the business successful.
The business plan is a formal and written document which outlines the goals of the company, shows tasks to be performed and shows the financial plans to be use to accomplish the outlined goals.
The part of the business plan includes:
- Executive summary shows the summary of key points in the business plan.
- Marketing plan shows the promotion and marketing plans of the business.
- Key management bios shows the planned management structure of the business
- Financial plan shows the finance plans of the business
Therefore, the executive summary is the part of formal business plan which discusses the industry, business structure, products and services and other plan to make the business successful.
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Answer:
Effect on income= 50*50= $2,500 increase
Explanation:
Giving the following information:
Model 26 has sales of 150 units with a contribution margin of $50 each.
To calculate the effect on income, we need to use the following formula:
Effect on income= number of units*unitary contribution margin
Effect on income= 50*50= $2,500 increase
Answer:speculative investment
Explanation:
just took the test.
Answer: by using the formula A=pi(3.14) R(radius) squared
Explanation:
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