Answer:
Please refer the journal entries below
Explanation:
Trade Discount:
There is no accounting entry for the trade discount, trade discount is simply deducted from the total amount and the entry is passed after incorporating the trade discount
1) Audrey’s Antiques
Since Audrey’s Antiques have taken the services amounting more than $1,000, they are eligible for the trade discount of 12% i.e. ( 12% of $1,900) = $228, hence Income will be recorded at ($1,900 - $228) = $ 1,672
Advertising Fee Receivable Debit $ 1,672
Advertising Fee Income Credit $ 1,672
2) Michael’s Motors
Since Michael’s Motors have taken the services amounting less than $1,000, they are not eligible for the trade discount of 12%
Advertising Fee Receivable Debit $ 540
Advertising Fee Income Credit $ 540
Answer:
$13,529= Direct material
Explanation:
Giving the following information:
Job 590 has a total cost of $29,200. It has been charged with manufacturing overhead costs of $7200. The rate is 85% of direct labor.
Total cost= direct material + direct labor + allocated overhead
29,200= DM + (7,200/0.85) + 7,200
29,200 - 7,200 - 8471= dm
$13,529= DM
Answer:
cash receipts from sales of investments.
Explanation:
Operating activities are defined as activities that creates revenue and expenses in a business, and so are used to determine if a business is making a profit or loss. It includes activities directly related to providing goods and services to the consumer.
Cash reciepts form sale of investment such as stocks and bonds is classified as an investing activity. It is a positive investing activity because it involves inflow of cash.
This is not classified as an operating activity.
Answer: A. Product placement
For example, when a character drinks a brand of soda, then this is a product placement. Ideally it should be subtle but sometimes it's very obvious.
The answer is accomplishment. It is because an individual is
likely to feel accomplished if he or she was able to achieve the goal that he
or she is trying to pursue and that these accomplishments that he or she
achieved has paid the efforts that he or she pushed to and it has make a
difference.
