Answer:
Cash account
                           debit                credit
opening            70,000
2)                                                50,000
4)                       230,000
<u>5)                                                175,000</u>
                          75,000
Accounts receivable account
                           debit                credit
opening            53,000
3)                       250,000
<u>4)                                                230,000</u>
                          73,000
Accounts payable account
                           debit                credit
opening                                     32,000
1)                                                 195,000
<u>5)                        175,000                         </u>
                                                   52,000
Merchandise inventory account
                           debit                credit
1)                        195,000
<u>3)                                                 140,000</u>
                           55,000
Wages expense account
                           debit                credit
2)                       50,000
Sales revenue account
                           debit                credit
3)                                                250,000
COGS account
                           debit                credit
3)                        140,000
 
        
             
        
        
        
Answer: The degree of influence that the investor has over the investee.
To report this investment within the company's financial statements, according to IFRS, they depend into two options:
- Stock control: An entity controls a business when it is exposed or has rights over earnings and has the ability to affect these results through its power in the business. 
- Minority percentage: The acquirer recognizes in their books an uncontrolled participation and in this case, no decisive decisions can be made.
 
        
             
        
        
        
Answer:
$28,216
Explanation:
The computation of the minimum amount that you will accept today i.e present value is shown below:
Year            Cash flows          Discount factor                Present value
1                   $10,000.00	0.9259259259           $9,259.26
2                  $11,000.00         0.8573388203           $9,430.73
3                  $12,000.00	0.793832241                   $9,525.99
Total present value                                                          $28,215.97
 The discount factor should be computed by  
= 1 ÷ (1 + rate)^years
       
 
        
             
        
        
        
Answer:
An advertising agency that provides the most complete range of services including market research, media selection, copy development, artwork and production.
Explanation:
Advertising can be described as the various strategies used to create an awareness of a product to the public. The main objective of advertising is to persuade potential customers to purchase the product.
Full service advertising offers a complete range of services which include carrying out an extensive market research on the product, a good media management, excellent design and packaging of the product.
Hiring the services of full advertising agencies creates room for a team of specialists to work together inorder to boost the sales of the product. It also provides enough time for the management of an organisation to figure out new ways to strategize their business.
 
        
             
        
        
        
Answer:
The answer is letter D.
Explanation:
Because it is harder to detect outliers.