Answer:
Bank A/c Dr $63,000
To Notes Payable $63,000
(Being the issuance of the installment note for cash is recorded)
Explanation:
The journal entry is shown below:
Bank A/c Dr $63,000
To Notes Payable $63,000
(Being the issuance of the installment note for cash is recorded)
For recording this transaction, we debited the bank account as it increased the assets account and at the same time it decreased the liabilities so the notes payable is credited
Answer:
A. used by businesses to price unique products for different jobs
As the product are different to each other in properties and materials or are required to be performed in different location (IE: real-state maintenance or construction) We need to follow the cost on a per-job basis
Explanation:
B. used by businesses to price identical products
No when the product are identical we don't need to discriminate over which customer ask the job nor the type of product it was requested.
C. used to calculate equivalent units
NO. That is processing cost
D. used to calculate the percentage of work completed
NO that is a given, we measure the amount of work completed under pretty much any cost method.
Answer:
a, b
Explanation:
It is important to note that a lessor's goal is to make a profit, thus he would be more concerned about knowing what is the value realized after subtracting the lease payments from his income taxes and any maintenance expenses that must be incurred as per the lease agreement.
In order to be cost efficient, he might as well determine the net cash outlay of the lease agreement.
IPhone. People pay a ton for iPhones. I think people pay so much because it’s a computer in ur pocket.
Answer:
l
Explanation:
the core concept of marketing is a social and managerial process by which individuals and groups obtained what they need and want through creating,offering and exchangeing products of value with others
