Answer:
Job
Explanation:
A job is regular work that an individual does to make money. It is a position of full-time or part-time employment, piece of work, or a specific task that is to be undertaken. The primary motivation for undertaking a job is to be paid.
A job entails assuming responsibilities and duties as detailed in the job description.
Answer:
a. balance sheet (B)
b. income statement (1)
c. statement of stockholders' equity (SE)
d. income statement (1)
e. statement of stockholders' equity (SE)
f. balance sheet (B
g.balance sheet (B
h.balance sheet (B
Explanation:
The Balance Sheet consists of balances in the Asset , Liabilities and Equity Accounts and it uses the equation Assets = Equity + Liability.It shows the result as at the end of the Financial Period.
The Income statement comprises of Revenues or Incomes and Expenses. The profit or loss resulting from operation during the financial period is the the end goal of this financial statement.
The statement of stockholders' equity (SE) shows the interest of the owners of the company and any distributions out of profit that has been made to them during the year.
Answer:
$0
Explanation:
Given that
Number of orders received = 125 units
Price for their product = $15
Number of units delivered = 125 units
Payment received in march in units = 63 units
Payment received in April in units = 63 units
Based on the above information, the revenue recognized on the march income statement is $0 as all units are delivered on April month so no revenue is recognized
Answer:
Results are below.
Explanation:
Giving the following information:
Purchases= $32,000
Beginning inventory= $7,800
Ending inventory= $4,400
<u>To calculate the direct material used, we need to use the following formula:</u>
Direct material used= beginning inventory + purchases - ending inventory
Direct material used= 7,800 + 32,000 - 4,400
Direct material used= $35,400
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