The closing entry for dividends involves a debit to <u>A. Retained Earnings</u> and a credit to <u>Dividends</u>.
<h3>What is a closing entry?</h3>
A closing entry is the journal entry at the end of the accounting period so that temporary ledger accounts (mainly income statement items) are moved to permanent accounts (balance sheet items).
<h3>Answer Options:</h3>
A. Retained Earnings; Dividends
B. Dividends; Retained Earnings
C. Dividends; Dividends Payable
D. Dividends Payable; Dividends
Thus, the closing entry for dividends is a debit to Retained Earnings, which is a permanent account, and a credit to Dividends (a temporary account).
Learn more about closing entries at brainly.com/question/13408214
Most of the information's required for solving this question is already given. based on those information's the answer can be easily deduced.
Cost of producing 1 unit = $14
Selling price for 1 unit = $23
Fixed cost = $1200
Then
Cost C (x ) = 1200 + 14x
Revenue R (x ) = 23x
Profit P (x ) = 23x - 1200 - 14x
= 9x - 1200
I hope that the procedure is clear enough for you to understand and the answer has actually come to your desired help.
Answer: E) the United States has an absolute advantage in the production of both beef and vegetables
Explanation:
When a country is said to have an absolute advantage in the production of a good over another country, it means that given the same units for inputs, the former will produce more units of the good than the latter.
While you included no graphic, I did some research and discovered that in 2020, the US had an absolute advantage in both the production of beef and vegetables because they produced more of those goods than Mexico and even though some adjustments might be needed, this fact will most likely still hold true.
<u>Answer:</u>
<em>Be sure your company is taking good care of their customers (People/Purchasers), and having the right Planning.</em>
<u>Explanation:</u>
The Nine P’s/9 P’s of Marketing can be used successfully by product companies, service firms, for profits entities and nonprofits selling directly or indirectly to consumers (B2C), to marketing intermediaries (such as industrial, consumer, retail, wholesale and professional channels of distribution), and to other businesses (B2B).
Marketing is about action and making thing happen. It’s about looking and establishing objectives, strategies and tactics. It’s not about hope or the feeling of expectation and the desire for a certain thing to happen, as in hoping to increase sales versus a major competitor.
Um Mcdonalds sells food and Hollister sells clothes.