Answer: Answer of the following question will be (B)
Attempt to balance the rights of both parties.
Explanation:
- Franchise law is the body of law relating to the creation, operation, and termination of franchise relationships.
- It works in different countries in different ways.
- The termination of a franchise is the ending by a franchiser or franchisee by canceling franchise license.
- When a franchisee finished by law, the law takes care that no party gets harm by the law
.
Answer:
Supplies expense..............Dr $1,200
Supplies $1,200
Explanation:
Supplies purchased is $1,500
Ending inventory of supplies = $300
Inventory used during the period = 1,500 - 300
= $1,200
The journal entry passed to record supplies used:
Particulars Debit Credit
Supplies expense $1,200
Supplies $1,200
(To record supplies used during
the period)
Answer:
Option (C) is correct.
Explanation:
Expected value of a particular activity indicates about the profit or loss incurred from that activity. An investor uses the expected value for comparing the money spent on that activity and amount of money gained from that activity or transaction. Hence, according to the expected value of the investment, investor decide whether to invest or not.
Therefore, expected value of zero indicates that the amount of money spent on a particular investment is exactly equal to the money gained from that investment. This point is also known as break-even point.