An installment payment is equal payments every month, meaning it is the correct answer. (B)
True
Because you never know what it is you signing
Answer:
5,300
Explanation:
Given that,
contribution margin per unit = $7
selling price = $45 per unit
Fixed costs = $35,000
Total fixed cost after increase:
= $35,000 + $20,650
= $55,650
contribution margin per unit after increase:
= $7 + (50% × $7)
= $7 + $3.5
= $10.5
Therefore,
New Break even point:
= Fixed cost ÷ Contribution per unit
= $55,650 ÷ $10.5
= 5,300
B. Secondary Target Market
Answer:
Explanation:
(21) (14/18) (11)
Payable Purchase Cash/ Bank
Date Particulars Dr Cr Dr Cr Dr Cr
Sept.1 Labradore 320
Sept.1 Meow 300
Sept 4 Best friend 295 295
Sept 6 Labradore 320 320
Sept 13 poodle 790 790
Sept 18 Meow 300 300
Sept 19 Helper 2510 2510
Sept 23 Best friend 295 295
Sept 27 Meow 450 450
Total 915 4665 4045 915
In recording purchase transaction ,purchase account is debited , payable account credited and the bank or cash account credited with corresponding payment
