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Olegator [25]
3 years ago
7

True or false:

Business
1 answer:
gayaneshka [121]3 years ago
4 0
I believe it’s false
I’m sorry if I’m wrong
You might be interested in
QuestionA baseball team is deciding where to celebrate their tournament victory. They decide between two restaurants by voting,
Damm [24]

Answer:

majority rule

Explanation:

4 0
3 years ago
A _____ is used for goods that must be produced at a specific site or that are so large and bulky that it isn't feasible to move
12345 [234]

Answer:

fixed position

Explanation:

A fixed position layout is where a product to be produced remains in a certain spot or location but the workers needed to work on the product , including machinery are moved to the place where the product is to be produced as at when required. This is because there may be limited space at the project site, hence component parts of the product to be manufactured are then coupled at other site and taken to the product site.

An example of fixed layout is the construction of dams, shipbuilding, buildings etc. A fixed position layout is most suited for heavy and fragile products.

6 0
4 years ago
Techilex delivers timber directly to furniture manufacturers. The company takes legal possession of the timber it distributes. T
Sindrei [870]

Answer:

The correct answer is drop shipper.

Explanation:

Drop shipping can be defined as one of the supply chain management method where the vendor does not stock any product.

In drop shipping when a vendor gets any order from the customer, the vendor forwards it to the third party for order fulfillment and then ships the product directly from the third party to the customer by the name of the vendor.

According to the scenario, techilex does not store any product but only facilitates delivery for the products shows the drop shipping type of business.

8 0
3 years ago
On June 30, 2024, the Esquire Company sold some merchandise to a customer for $54,000. In payment, Esquire agreed to accept a 7%
Paraphin [41]

The income before income taxes is 2024 understated by $1,890 and 2025 overstated by $1,890.

<h3>Income before taxes</h3>

Esquire Company journal entries

June 30, 2024

Debit Note receivable            $54,000

Credit Sales                              $54,000                  

Dec 31, 2024

Debit Interest receivable       $1,890

Credit Interest Income           $1,890

($54,000 x 7% x6/12)

March 31, 2025

Debit Cash      $56,835                      

Credit Interest receivable          $1,890

Credit Interest income          $945

($54000 x 7% x 3/12 )

Credit Note Receivable    $54,000

Therefore the income before income taxes is 2024 understated by $1,890 and 2025 overstated by $1,890.

Learn more about Income before taxes here:brainly.com/question/14644556

brainly.com/question/17005057

#SPJ1

5 0
2 years ago
Ayala Architects incorporated as licensed architects on April 1, 2017. During the first month of the operation of the business,
Flauer [41]

Answer:

Ayala Architects

Journal Entries:

Apr. 1 Debit Cash $22,770

Credit Common Stock $22,770

To record common stock for cash.

Apr. 2 Debit Rent Expense $1,138

Credit Cash $1,138

To record rent expense paid for cash.

Apr. 3 Debit Supplies $1,644

Credit Cash $1,644

To record Supplies paid for cash.

Apr. 10 Debit Accounts Receivable $2,403

Credit Service Revenue $2,403

To record services rendered on account.

Apr. 11 Debit Cash $885

Credit Deferred Revenue $885

To record cash receipt for services not yet rendered.

Apr. 20 Debit Cash $3,542

Credit Service Revenue $3,542

To record cash received for services rendered.

Apr. 30 Debit Salaries $1,896

Credit Cash $1,896

To record payment of salary.

Apr. 30 Debit Accounts Payable $379

Credit Cash $379

To record payment on account.

Explanation:

a) Data and Analysis:

Apr. 1 Cash $22,770 Common Stock $22,770

Apr. 2 Rent Expense $1,138 Cash $1,138

Apr. 3 Supplies $1,644 Cash $1,644

Apr. 10 Accounts Receivable $2,403 Service Revenue $2,403

Apr. 11 Cash $885 Deferred Revenue $885

Apr. 20 Cash $3,542 Service Revenue $3,542

Apr. 30 Salaries $1,896 Cash $1,896

Apr. 30 Accounts Payable $379 Cash $379

6 0
3 years ago
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