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12345 [234]
3 years ago
14

Assume that a $300 payment for rent expense was incorrectly debited to repair expense and correctly credited to cash. the journa

l entry was posted. what would be the correcting entry?
Business
1 answer:
elena-s [515]3 years ago
3 0
$300debited to rent expense .it was fixed so you now start over and debit stain
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On a hot summer day, a construction worker enters a mcdonald's fast-food restaurant. he orders the first big mac. he consumes it
sergij07 [2.7K]
In the situation above, the construction worker could be described or has experienced a diminishing marginal utility. The diminishing marginal utility happens when an individual has consumed a lot of product or in other words, has an increase of product consumption in the same time the person has a constant consumed on other products. If this happens, there will be a decrease in marginal utility, causing the diminishing marginal utility which has happened in the situation above.
5 0
3 years ago
The Assembly Department of Protocol, Inc., manufacturer of computers, incurred $280,000 in direct material costs and $70,000 in
svetlana [45]

Answer:

$280

Explanation:

Calculation to determine what The cost per equivalent unit of production for direct materials is

Cost per equivalent unit of production= Direct material costs ÷ direct material units

Cost per equivalent unit of production= $280,000 ÷ 1,000 units

Cost per equivalent unit of production= $280

Therefore The cost per equivalent unit of production for direct materials is $280

6 0
3 years ago
explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist.
UkoKoshka [18]
A price ceiling is the maximum price a company is allowed to charge for that good. This is intended to assist the consumers so that they would not have to be an insane amount for a product.
8 0
3 years ago
David, an Alabama resident, files suit in an Alabama court against QuickAds, an internet company based in Georgia that provides
Katena32 [7]

Answer:

b) not likely to have jurisdiction over the case because QuickAds is based in Georgia.

Explanation:

The Alabama court only has jurisdiction in actions that were performed within the boundary of the state of Alabama. Although David is a resident of Alabama, his law suit is likely due to actions carried out in Georgia where QuickAds the internet company is based.

Also QuickAds only contact with persons in Alabama has been through QuickAds passive advertising.

In this scenario the case can be tried in federal court because it can handle cases across state borders.

5 0
3 years ago
Read 2 more answers
A key to positioning a product or brand effectively is discovering the perceptions of its potential customers. In determining it
Masja [62]

Answer:discover where the company's product or brand is on these attributes in the minds of potential customers.

Explanation: The position of a product in the minds of Customers or consumers is a vital factor in determining the sales that can be generated from the product. The perception of potential customers is necessary,so a good marketer or business organisations must ensure that it works to improve upon the perception of its customers concerning it's products or services.

discovering where the company's product or brand is on these attributes in the minds of potential customers is one of the four steps required.

8 0
3 years ago
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