Answer:
The use of Paraffin Wax
3D Inlay
Explanation:
<u> Paraffin Wax</u>
The use of paraffin wax is very common in nail services in order to help softens the customer's skin and smooth over the dead cells on the area surrounding the nails. This will make the hands felt soft and radiant, and great for creating first impressions during handshakes on professional settings.
<u>3D Inlay </u>
Many nail services now had the ability to customize the shape of customers' nails rather than only giving it simple colors / design. This can be done by using different variations of gems as materials or only using the nails of the customers if it has enough size.
<span>Because farm products have a low elasticity of demand a small change in output will have a similar effect on the price. Since the low elasticity of demand directly relates to </span>pricing, when the smaller change in output happens, a smaller drop in profits does as well. The price of the item will decrease to compensate for less products selling.
Answer:
$318,000
Explanation:
The computation of the total assets is shown below:
= Current assets + property, plant, and equipment - difference in amount
= $85,000 + $235,000 - $2,000
= $318,000
The difference of amount is
= Account receivable - collected amount
= $50,000 - $48,000
= $2,000
Since the current asset is already given so we considered the difference in amount to find out the total asset.
Answer:
Salaries and wages payable...................Dr $20,000
Salaries and wages expense $20,000
Explanation:
As per accrual system, an expense is incurred when it is accrued irrespective of when it is paid. So, $20,000 was accrued in December 31, salary and wages expenses would have been debited then amounting to $20,000.
In order to rectify the mistake of double counting, the entry passed by the accountant would be reversed to nullify the effect.
Adjusting Journal entry:
Particulars Debit Credit
Salaries and wages payable $20,000
Salaries and wages expense $20,000
(Being double counting of salaries and
wages expense rectified)
Answer:
4 years
Explanation:
It takes 4 years to accumulate the required amount.
