Answer:
Assets = Liabilities + Equity
cash (18,000) NA Retained earnigns (18,000)
cash (88,000) NA Retained earnigns (88,000)
Retained earnings is an equity account and any cash dividends paid either to preferred or common stock will decrease cash and retained earnings, remember that both sides must balance.
<span>The journal entry to record the purchase of merchandise on account for $2,750 with freight of $125 prepaid and added to the invoice is : </span>debit Purchases $2,750, debit Freight In $125; credit Accounts Payable $2,875
Answer:
The value of a firm's final product is the selling price whereas value added refers to the addition of value to the raw material (intermediate products).
Explanation:
The term "value added" describes the enhancement a company gives to its product before offering it to the customer. It can be considered as an extra special feature added by a company to increase the value of a final product.
Answer:
The correct answer is letter "D": control.
Explanation:
The control phase of the marketing planning process involves comparing the activities that the advertising team has developed with the expected set of actions established. This phase is important to identify if the firm as a whole is meeting the desired performance or if there are adjustments necessary to be made.
