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allochka39001 [22]
4 years ago
9

There are some government programs that pay farmers not to plant wheat on part of their land.

Business
1 answer:
Evgesh-ka [11]4 years ago
6 0

Answer:

Option D                                

Explanation:

In simple words, the payment by government will work as a subsidy for the lost profits of the farmers and their income will be ineffective. Also, by not using that land the farmers can grow any other crop which can provide them higher income as compared to crops.

Such step will result in higher total revenue as wheat would not get wasted due to extra production, thus consumers will also not  get hurt.

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3 years ago
At the beginning of the current period, Swifty Corporation had balances in Accounts Receivable of $195,100 and in Allowance for
aksik [14]

Answer:

accounts receivables 745,500 debit

        sales revenues            745,500 credit

cash                          835,120 debit

         accounts receivables   835,120 credit

allowance for uncollectible amount 7,831 credit

       accounts receivables                         7,831 credit

accounts receivables   3,184 debit

  allowance for uncollectible ammount 3,184 credit

uncollectible amount expense 19,397 debit

  allowance for uncollectible amount 19,397 credit

net receivables 76.733‬

Explanation:

Allowance balance before adjustment:

9,350 - 7,831 + 3,184 = 4,703

estimated uncollectible amount within our accounts receivables 24,100

adjusmtent 24,100 - 4,703 = 19,397

net account receivables:

195,100

+ 745,500 sales on account

- 835,120 collected

-7,831 write-off

+3,184 recovery

<u>-24,100 allowance</u>

76.733‬

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3 years ago
Zibba Company enters materials at the beginning of the process. In January, there was no beginning work in process, but there we
ruslelena [56]

Answer:

units started less 200.

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Unit at which the process is started on the beginning of January minus the closing inventory is the number of completed units in work in process when there is No beginning Work in process.

Using following formula we will calculate the Units completed in WIP.

Work in process Closing Inventory = Opening WIP + Addition during the period - Completion during the period

200 units = $0 + Addition during the period - Completion during the period

Completion during the period = Addition during the period - $200 units

In the absence of Beginning Inventory the the addition during the period is the number of unit at which the process is started.

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3 years ago
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