The answer is b. In a table that is provided
Answer:
P= 18
Explanation:
Giving the following information:
Fixed costs= 2,500,000 + 300,000= 2,800,000
Variable costs= 10 per unit
Estimated demand= 100,000 units
Break-even point= fixed costs/(P - variable cost)
100,000= 2800000/(P - 10)
100000*(P - 10)= 2,800,000
100000*P - 1,000,000= 2,800,000
100000P=1,800,000
P= 18
Answer:
Match the invoice with the PO.
Record the transaction in the system.
Post the transaction to a ledger
Generate unadjusted Trial balance
Prepare adjusted Trial Balance.
Issue Financial statements
Closing entries
Post closing Trial balance.
Explanation:
The accounting procedure is followed to record any transaction of the business. The transaction are recorded in the system and then these transactions are posted into ledger which forms the trial balance and then financial statements are prepared.
