Cash will be debited and sales will be credited by $6,120 and cost of good sold with be debited and inventory will be credited by $3,540.
A journal entry is the act of maintaining or producing records of any economic or the non-economic transaction. An accounting journal, which shows a company's debit and credit balances, records transactions. The journal entry may have many records, each of which is either a debit or a credit.
The journal entry to record days cash sales would be as given below:
Cash (Dr) $6,120
To sales $6120
(Being cash sales of $6,120)
Cost of good sold (Dr) $3,540
To inventory $3,540.
(Being cost of cost of good sold)
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Answer:
Could you be more clear!?
Explanation:
Answer:
c used goods were included in the GDP calculation
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government Spending + Net Export
If used goods are included in the calculation of GDP, it would be double counting because the good would have been included in the calculation of GDP when it was newly produced.
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Employees are motivated by goals because a goal is a notion of the future or a desired result that a person or a group of people foresee. An employee is a worker employed by an employer to perform a certain task.
smart goals should be used to inspire personnel (specific, measurable, aggressive, realistic, and time-bound). Employees are motivated by smart goals because they enliven behavior's, give it direction, present a challenge, encourage employees to think creatively, and inspire the development of new and original performance strategies.
Successful performance management is centered on employee goals. Setting goals can assist employees support the mission of the company. They aid workers in understanding how their efforts fit into the bigger picture and the value they add to the business.
In addition to motivating staff performance, goals also help with performance review and strategic planning.
To put it another way, without the proper objectives, performance and engagement suffer.
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Answer:
The average product for the 10 workers is 350 sandwiches per month.
Explanation:
Average product is given by total output divided by total labor used
Total output per month = 3500 sandwiches
Total labor used per month = 10 workers
Average product = 3500 ÷ 10 = 350
Average product for the 10 workers is 350 sandwiches/month
