Answer:
See explanation section.
Explanation:
In the book of Radomir Company
merchandise inventory Debit = $1,350
account payable - Lemke Company Credit = $1,350
<em>To record the purchase from Lemke Company on account.</em>
In the book of Lemke Company,
Accounts receivable Radomir Company Debit $1,350
Sales revenue Credit $1,350
<em>To record the sales on account.</em>
Cost of goods sold Debit = $940
Merchandise inventory Credit = $940
As the company uses perpetual inventory system therefore, the company will gave cost of goods sold journal.
Honestly all of these things should be considered. If you have a edible product, consider how long you have until your product expires.
You need enough to meet your sales demands, so run some numbers on how much you need to meet these demands.
You need to have good communication with your employees, employers, and investors. If you don’t, things can go terribly wrong! Make sure you don’t make this rookie mistake! Set up something so you have good communication with the people you work with.
Good luck!!!
FinCEN regulations often impose AML compliance program requirements and SAR obligations on insurance companies. This focus would include all of the following products EXCEPT personal liability insurance.
<h3>Insurance Rules</h3>
The insurance regulations is known to apply only to insurance companies. The the insurance company is held accountable for the conduct and effectiveness of its AML compliance program.
The purposes of an AML compliance program, includes:
- A permanent life insurance policy.
- Any annuity contract,
- Any insurance product with features of cash value or investment etc.
Learn more about Insurance from
brainly.com/question/25855858
Answer:
(450.33)
Explanation:
Anthony has purchased a new shipment of 50 Bluetooth earbuds that he plans to sell for $99.99 each.
The manufacturer informs Anthony that each product will cost Anthony $52, but this does not include the cost of transportation.
Even with the extra transportation costs, Anthony is not worried. He believes he can sell all 50 earbuds by the end of the month.
After adding up inventory, transportation, storage, and other costs, he determines that his total costs will be $3,750.
However, by the end of the month Anthony has only sold 33 earbuds.
Therefore his profit is
Revenue = 33 earbuds x $99.99 each = $3,299.67
less: Total costs = .........................................<u>($3,750.00)</u>
Profit = .............................................................. <u>(450.33)</u>