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AVprozaik [17]
3 years ago
12

Which sales accounts normally have a debit balance?

Mathematics
1 answer:
kolbaska11 [484]3 years ago
7 0

Answer:

c. Both Sales Discounts and Sales Returns and Allowances have debit balance

Step-by-step explanation:

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A company makes pens. They sell each pen for $99.
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Answer:

a) Profit = 84000

b) at break even number of pens sold = 46

Step-by-step explanation:

Profit = Selling price - Cost price

Total revenue generated = 99 * 1000

Total revenue generated = 99000

Total cost on making the pen  = 11 * 1000

Total cost on making the pen = 11000

Total cost including the initial cost = 11000 + 4000

Total cost including the initial cost =  15000

Profit = 99000 - 15000

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Break even is when the cost are equal to Revenue thus no profit or loss

Revenue = total cost (break even)

9x = 1x + 4000

9x - x = 4000

8x = 4000

x = 500

At breakeven Revenue = 9 * 500

At breakeven Revenue =  4500

since one pen is sold at 99 therefore at break even number of pens sold = 4500/99 = 45.45( to 2 decimal place)

at break even number of pens sold = 46

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Step-by-step explanation:

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