The event that will happen if he raised his price is If Kyle raises his price he will lose all of his customers. All of the people want to buy product who is low costing because they can save much money and they hate buying things that is so much expensive. The answer to this question is if Kyle raises his price he will lose all of his customers.
<span>The answer is the New York Police Department. The NYPD is the
largest police force in America. There are over 34,000 uniformed officers watching
and patrolling the New York's streets, and they have a total of 51,000
employees which is more than the FBI. It has a projected financial
plan of $4.6 billion for 2013, an amount that represents almost 15 percent of
the entire city's budget.</span>
As a supervision to the bookkeeper, it is advised that the payment be initially recorded as a debit to Prepaid rent. Rent is paid at the start of the relevant quarter, hence this is the correct accounting technique. Because it resembles an advance payment, it needs to be recognized as an asset when the payment is made. The portion of the rent that has expired each month should be included to the rent expense.
<h3>
Is Prepaid rent A current liabilities?</h3>
Simply said, prepaid rent is shown under current assets on the balance sheet since it is common for businesses to pay the rent in advance and to use it within a short period of time after payment, typically during the same financial period.
Rent that has been paid in advance can be used to offset future rent expenses, making it an asset.
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A company may focus on lost contribution margin or prepare comparative income statement when making a product line decision
<h3>What is income statement?</h3>
An income statement can be regarded as financial statement which helps to display company's income and expenditures.
It is a financial statement that shows you the company's income and expenditures. It also shows whether a company is making profit or loss.
Hence, when making a product line decision, a company may focus on lost contribution margin and avoidable fixed costs or prepare comparative income statement.
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Answer:
The correct option is A,A. 7,000 = NA + 2,000 - (5,000) NA - NA = NA 7.000 FA
Explanation:
By issuing the treasury stock ,asset,cash to be precise increases by $7000($35*200) which implies a debit to the asset ,hence the $7000 seen on the left hand-side of the equation.
This transaction has no liability impact,as a result liabilities is denoted NA,not applicable.
The par value of the treasury is to be credited to treasury stock with $5,000($25*200).
Lastly the difference between the par value and the issue is credited to paid-in capital from treasury stock i.e($35-$25)*200))=$2000,this is depicted by $2000 in the equation
