Good record entry is important in business, adjusting entries will include record of goods that was previously purchased.
<h3>
What is Journal entry?</h3>
Journal entry contains business details or data to a single business transaction. It includes the date, the amount payable for a particular good and the amount to be debited.
Adjusting entries include records that has changes to accounts that are not otherwise accounted for in the journal earlier.
Therefore, Adjusting entries will record taking a discount when paying for goods previously purchased.
Learn more on Journal entry here,
brainly.com/question/14279491
Employee benefits can be constructively viewed as a tool for competitive advantage. Intangible plan that does not affect the costs borne by a company government-mandated instrument cultural necessity tool for competitive advantage. Position that puts a company in a favorable or superior business situation.
Answer:
$36,906
Explanation:
The file attached shows a table that explains very well the solution to the problem.
Answer:
voluntary exchange that makes both the consumer and producer better off.
Explanation:
The consumer will purchase at a price lower or equal to he is willing to pay for the good (we assume a rational person will not urchase above their willingless to do so) Thus, either has a surplus or the price is fair
The producer as well, only trades for a price above their expect to sale or that amount. Therefore it has a surplus or received what it expect.
We have determinated there is no winner or losser in trade as both parites agree voluntary without coercion.
<span>The ready company has two operating (production departments: assembly and painting. the assembly has 150 employees and occupies 44,000 square feet; painting has 100 employees and occupies 36,000 square feet. indirect factory expenses for the current period are as follows:
The administration will have $86,400 while the maintenance has $108,000.
</span>