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NISA [10]
3 years ago
13

Which of the following transactions will increase an asset and increase a​ liability? A. Purchasing office equipment for cash B.

Paying an account payable C. Buying equipment on account D. Issuing stock
Business
1 answer:
Mariana [72]3 years ago
4 0

Answer:C. Buying equipment on account.

Explanation:

You might be interested in
Generally speaking, oligopolistic industries producing raw materials and semifinished goods usually offer differentiated product
LenaWriter [7]

Answer:

B) False

Explanation:

The correct phrase should be:

Generally speaking, oligopolistic industries producing raw materials and semifinished goods usually offer standardized products, while oligopolists producing consumer goods usually offer differentiated products.

An example of an oligopolistic industry that we all know about is the car industry. There are very few car companies in the world since only very large companies can actually manufacture cars. Car companies offer differentiated products.

8 0
3 years ago
In 2016, Teller Company sold 3,000 units at $600 each. Variable expenses were $420 per unit, and fixed expenses were $270,000. T
Aleksandr-060686 [28]

Answer:

1500

Explanation:

Breakeven point is the number of units produced and sold where net income is art on it is where revenue equals cost.

The formula for calculating break even points = F / (P - V)

F = fixed cost

P = price

V = variable cost per unit

$270,000 / ($600 - $420) = 1500

I hope my answer helps you

6 0
3 years ago
Determine the number of cycles per day and the production quantity per cycle for this set of vehicles: Product Daily Quantity A
PIT_PIT [208]

Answer:

The Number of cycles is 4

Product   Daily Quantity    Daily Unit per cycle

     A                 18                     18/4 = 4.5 units

     B                 16                     16/4 = 4 units

     C                 4                       4/4 = 1 unit

     D                 16                     16/4 = 4 units

3 0
2 years ago
When are product costs included on the income statement?
ioda

Answer:

The correct answer is D. When the product is sold and delivered to a customer.

Explanation:

It is recognized at the time of the sale, because the company receives an income as a result of the recovery of its cost plus the established profit margin. When the sale has not been made, it remains within the product inventories until the sale occurs and becomes an operational income.

4 0
3 years ago
Whats the purpose for people to connect to products
MAVERICK [17]
So they will want to buy them if someone sees a product they like and maybe feels a connection to buy it then they will buy it
7 0
3 years ago
Read 2 more answers
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