Answer:
the best way to distribute his products
Explanation:
This most closely represents a decision about the best way to distribute his products. By considering buying his own trucks he is taking full responsibility of the distribution aspect of his company, meaning how he will get the final products to the consumers. Buying his own trucks also allows him to save money in the long run by not having to pay a third party company to handle these tasks.
Answer:
General ledger
Explanation:
A general ledger in accounting is a book pf account that is meant to record the business' transaction entries towards the preparation of the income statement and the statement of financial position.
It records activities like sales order processing , accounts receivable , inventory and purchasing , accounts payable and payroll
We have two types of general ledger which are private ledger that records transaction on salaries , wages and capitals , and nominal ledger that records transaction on expense , income , depreciation etc.
The amount of the sales transaction would include a debit to cash is $970.
<h3>How is the percentage determined?</h3>
- The percentage is a value that has been multiplied by 100. In this manner, expressing 25% of a value is equivalent to expressing 25% out of 100, or 25% divided by 100.
- Simply multiply the total by the percentage to determine the precise number of absentees from the event.
So: 160 x 25% = 160 (25/100) = 160 x 0.25 = 40
This is so that the cash sum received will be equal to the sales values multiplied by one less the credit card fee.
1000 x (1-0,03)
1000 x 0,97 = 970$
So, the amount of debt to cash that would entry to the record sales would be 970$.
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Answer:
The answers are $20,000 and $17,500.
Explanation:
Straight Line Depreciation is a calculation made to find the amount that an asset's value has reduced over a certain period of time.
The formula for it is 
.
The cost of the asset is $200,000 but for the first year there are also the freight, wiring and installation costs which apply just once and they come up to $25,000 in total.
So the depreciation for year one is going to be 
which is $20000.
The depreciation for year two is going to be 
which is $17,500.
I hope this answer helps.
