Answer:
Goodwill is $ 50,166.00
Explanation:
Goodwill is the excess of purchase price consideration over the fair value of net assets of the business acquired.
Purchase price consideration is the proceeds received by the owners of the business acquired in a business combination arrangement like this.
The net assets is the fair value of assets minus the fair value of the liabilities.
Purchase price consideration is $97,109
Net assets =$65,893+$9,736-$28,686=$ 46,943.00
Goodwill=$97,109-$46,943.00 =$ 50,166.00
Commission simply means a form of variable-pay remuneration for services that are rendered or products sold.
<h3>What is commission?</h3>
Your information is incomplete. Therefore, an overview will be given. A commission is a payment that an employee makes based on a sale.
For example, when an employee sells a product for $500 and they get a 10% commission on all sales, then the employee will earn $50 on that sale.
Learn more about commissions on:
brainly.com/question/957886
Answer:
a. Cash for $180
Explanation:
The receipts from the petty cash fund indicate that the owner of the box made purchases adding up to $177. Therefore that money is no longer part of the fund. Since the fund holds $200 and currently only has $20 then to replenish the account the journal entry would need to include a credit to cash for $180 ... ($200-$20=$180)
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
B. Payroll record
Explanation:
Payroll record is a record in an organization showing the list of employees in that organization along with payments due to every employee in the organization for a specific pay period. It shows the number of hours worked, average pay rates, and deductions for each employee present in the organization. From the description detailed in the question, the record described is most likely a payroll record. In summary, it's a documentation showing under what criteria are the employees of an organization paid.
Answer:
Labour rate variance $2,925 unfavorable
Explanation:
<em>The labour rate variance is the difference between the standard labour cost allowed for the actual hours worked and the actual labor cost for the same hours</em>
$
Standard labour cost ($19.70× 6500) 128,050
Actual labour cost <u>130,975</u>
Labour rate variance <u> 2,925 unfavorable</u>
