Based on the accrual method, the correct entry for $10,000 worth of services would be a debit to accounts receivable for $10,000 and a credit to Sales revenue for $10,000.
<h3>Why is this the correct entry?</h3><h3 />
The company has performed a certain service for a customer and hasn't been paid for it. The customer therefore owes the company which makes them an account receivable.
The $10,000 will be considered revenue by the company so they will credit the revenue account. Accounts Receivables are assets so this account will be debited.
Find out more on accounts receivables at brainly.com/question/24871345.
Answer:
- Cost of Direct material per unit = $1.50 per unit
- Cost of Conversion = $7.30 per unit
Explanation:
Cost of Direct material per unit is:
= Total cost of direct material / Total equivalent units for direct materials
= 91,050 / 60,700
= $1.50 per unit
Cost of conversion
= Total cost of Conversion / Total equivalent units for Conversion
= 497,860 / 68,200
= $7.30 per unit
OD they are able to use a franchiser proven
The question is incomplete, it lacks option.
A) Brand loyalty
B) Demographic forces
C) Political forces
D) Brand positioning
E) Economies of scale
Answer:
Economies of scale
Explanation:
Economies of scale can be described as a reduction in cost, this occurs when companies increases the rate of their production.
Economies of scale can also be reffered to as a process whereby an organization becomes more efficient and therefore reduces the costs of their products.
Economies of scale can be greatly influenced by a large amount of capital which is made available to companies to improve their various operations.
Answer:
Corporate social responsibility
Explanation:
In simple words, the given statement signifies corporate social responsibility. Corporate social responsibility (CSR) can be understood as the sort of worldwide commercial corporation self-regulation which tries to participate to humanitarian, activism, or philanthropic communal objectives by contributing or sponsoring ethically-oriented actions. Businesses are progressively resorting to corporate social responsibility (CSR) to make a significant change and develop a positive image.