Answer:
Explanation:
The journal entry is shown below:
On February 20
Organization expense A/c Dr $60,000
To Common Stock A/c $25,000 (1,000 shares × $25)
To Paid in capital in excess of par-Common Stock $35,000
(Being the organization expense is recorded and remaining balance is credited to the Paid in capital in excess of par-Common Stock)
Answer:
No of clown sold in 2010 = 17
No of clown sold in 2015 = 39
Unit rate of change = 39 - 17/17 x 100
Unit rate of change = 129.41%
Explanation
The unit rate of change from 2010 to 2015 is equal to the number of clown sold in 2015 minus the number of clown sold in 2010 divided by the number of clown sold in 2010 multiplied by 100.
Answer:
The journal entries are as follows:
(a) Accounts receivables [$2,200 - 2%] A/c Dr. $2,156
To Sales revenue $2,156
(To record the sale)
(b) Cost of Goods Sold A/c Dr. $1,200
To inventory $1,200
(To record the cost of goods sold)
(c) Cash A/c Dr. $2,156
To Accounts receivables $2,156
(To record payment within discount term)
Answer:
wheat, wheat
Explanation:
In the field of economics, absolute advantage may be defined as the ability of a producer to produce a particular goods or services at large amount or quantity at the same price or the same quantity at a very low price as compared to other producers. It means producing goods efficiently.
Whereas a comparative advantage of a product is defined as the ability of a producer to produce more goods and and consumes less of it at a lower opportunity cost when compared to its competitors.
Thus in the context, Country A has both an absolute advantage as well as comparative advantage in production of wheat.
How can I ensure that my coworkers and I are in a safe working environment. If your company has an industrial hygienist and also your safety officer can inspect.
