Answer: $70,000
Explanation: Add ending + Beginning
Answer:
The use to which the product will be put and the intended consumer
Explanation:
Business market is a market or arrangement where businesses exchange goods and service with another businesses. it is popularly known as B2B, i,e, business-to-business market.
When individuals buy goods for personal use it is known as consumer market.
the distinguishing feature of consumer and business market is the use to which the goods will be put and the intended consumer
Answer:
The answer are:
- Dr machinery $320,750
- Cr $315,000 Note Payable
- Cr $5,750 Cash
Explanation:
When machinery (fixed assets) increases you must debit that account $320,750
When liabilities (note payable) increase you must credit that account $315,000
When cash decreases, then you must credit the cash account $5,750