Answer:
Explanation:
The journal entry is shown below:
Estimated Warranty Payable Dr A/c
To Cash A/c
(Being the actual amount paid is recorded)
We simply debited the estimated warranty payable account and credit the cash account as the amount is paid so we credited the cash account
And for estimates, another entry is recorded which is shown below:
Warranty Expense A/c Dr
To Estimated warranty payable A/c
(Being estimated amount is recorded)
Answer:
B. 75
Explanation:
new capacity requirement
= number of customers/(total capacity - capacity cushion)
= 60/(100% - 20%)
= 60/80%
= 75
Therefore, The new capacity requirement is 75.
Answer:
D. the necessity in a barter system of each trading partner wanting what the other has to trade.
Explanation:
Double confidence of wants was one of the shortcomings of the barter system.
For example, if someone wants corn and has yam. He has to find someone that wants yam and has corn to trade in order for a trade to occur.
The introduction of money solved this problem.
I hope my answer helps you
Answer:
The correct option is C.
Explanation:
When the research is taken place or conducted on the dividend of the firm, so this support the conclusion that the managers tend to change or smooth the dividends as the research is conducted in order to find out that the established dividend policy will not affecting the business or firm in any manner and if something affecting then managers could change or smooth the dividends for the benefit of the business.
The Correct option is C.
Answer:
E. above; surplus; downward
Explanation:
The options to this question wasn't provided. The full question can be found here : https://www.chegg.com/homework-help/questions-and-answers/price-equilibrium-price-would-expect-causing-market-put-pressure-price-went-back-equilibri-q29621799
When price is above equilibrium price, the quantity supplied exceeds quantity demanded. This leads to a surplus. This places a downward pressure on price. Price falls until equilibrium price is restored.
When price is below equilibrium price, the price of goods become cheaper. The quantity demanded increases while the quantity supplied falls. This leads to a shortage and places an upward pressure on price. Price rise until equilibrium price is reached .
I hope my answer helps you.
