Answer:
E
Explanation:
According to the history of America, by 1830 home manufacture had declined significantly due to increased industrial organization and advances in transportation.
Answer:
Dr Interest expense $4,000
Dr Notes payable $1,120
Explanation:
The $5,120 repaid comprised of both interest and principal repayments,hence there is need for the amount to be split into the two appropriate accounts.
The interest payable on the loan on yearly basis ,based on the outstanding loan balance of $50,000 is $4,000(8%*$50,000),hence the balance of $1,120($5,120-$4,000) represents the actual repayment of principal,as a result the notes payable account should be debited with $1,120.
The answer is division of labor. It is the segregation of
tasks in any system so
that applicants may specialize. Individuals, nations, and organizations are gifted
with or obtain particular competencies and either form mixtures or skill to
take advantage of the capabilities of others in adding to their own.
Answer:
May accrued revenue:
0 units delivered
April accrued revenue
166 units delivered at $15: 2,490
Explanation:
Cash proceeds:
March Request 166 units at $15 = 2,490
April Request 42 units at $15 = 630
<u>Accrual method:</u>
the accrual method will recognize revenue when it is earned, which in this case is represent by the delivery of the goods.
May accrued revenue:
0 units delivered
April accrued revenue
166 units delivered at $15: 2,490
Answer:
$2,000
Explanation:
The computation of the profit in case of Product B processed further is shown below:
Sales value if processed further $35,000
Less: Sales value at Split-Off $30,000
Incremental revenue $5,000
Less: Additional costs $3,000
Incremental income $2,000
First we have to find out the incremental revenue after that deduct the additional cost so that the incremental income or we can say profit could arrive
