Answer:
(a) $1,200
(b) $330
Explanation:
(a)
- The advance payment was issued in 2018, however the items throughout 2018 were not shipped.
- The products were distributed throughout 2019 as well as the transaction for accounting information requirements was announced throughout 2019.
Therefore, in 2019, $1200 would include gross revenue
(b)
<u>Service contract for 6 months will be:</u>
Drake would include gross income throughout 2019 of ($)and gross income throughout 2020 of $120. In October year 2019, because a corporation offered a 6-month contract, total sales in 2019 represented just a 3-month service agreement.
<u>Service contract for 36 months will be:</u>
- Throughout 2019 gross sales, Drake would include .The residual balance would not have been all conducted until the close including its tax year of collection since the contract became sold through 36 month.
- The residual amount of is thus used throughout gross sales for 2020.
Consequently,
⇒ Cumulative gross income used throughout 2019 = total earnings of 6 months service agreement + gross income of 36 months service agreement
⇒
⇒ ($)
Answer: What is Sancho’s purpWhat is Sancho’s purpose for writing ?oe for writing?
Explanation:
What is Sancho’s purpose for writing ?What is Sancho’s purpose for writing? Sancho’s purpose for ?What is Sancho’s purpose for writing?
Answer:
1. Tons of pulp completed and transferred out in June:
= Beginning Work in Process + Started into production in June - Ending WIP
= 80,600 + 301,100 - 51,900
= 329,800 tons
2. Equivalent units for Materials:
= Units completed and transferred out + Ending Equivalent units
= 329,800 + (51,900 * 42%)
= 351,598 tons
Equivalent units for Labor:
= 329,800 + (51,900 * 17%)
= 338,623 tons
A licensed individual who charges a fee to mediate between the buyer and seller is known as a Real Estate Broker, who helps an individual make the best decisions regarding real estate transactions.
<h3 /><h3>Duties of a Real Estate Broker:</h3>
This professional is licensed to perform the functions of mediation between buyer and seller in real estate transactions. Through its expertise, it assists in making financial decisions that benefit both parties, in a process of selling or buying a property.
Therefore, it is essential that this professional has communication and negotiation skills to win clients, in addition to the appropriate legal licenses and real estate certifications to perform this function ethically.
Find out more information about Real Estate Broker here:
brainly.com/question/20049767
Answer:
compound interest
Explanation:
Compounding interest refers to the action of adding the interest earned in a period to the principal amount. This action increases the principal amount invested. In compound interest, both the principal amount and the interest earned increases every financial year.
Compound interest contrasts with simple interest, which is the interest earned on the principal amount only. Whereas compound interest amount increases every year, simple interest remains constant throughout the life of the investment.