Answer:
Debit cash for $100,000
Credit cash for $100,000
Explanation:
It should be noted that on September 1, the only transaction that occurred is the receipt of cash by Vicario, Inc. from First National Bank and no interest expenses has been accrued.
Based on this therefore, the journal entry for Vicario on September 1 will appear as follows:
<u>Date Name of Accounts DR ($) CR ($) </u>
Sept. 1 Cash 100,000
Notes payable 100,000
<u><em> (To record borrowing from First National Bank.) </em></u>
Pretty sure it is D. summarizes what has already occurred.
Definitely not A or B. And C is incorrect because this branch of accounting tracks passed transactions, and does not guarantee anything in the future. Hence D.
Answer:
$162,000
Explanation:
Income Statement - New Offer
Sales (27,000 x $17) $459,000
Less Variable Costs of the offer :
Variable manufacturing costs (27,000 x $11) ($297,000)
Net Income (Loss) $162,000
therefore,
the amount of income from the acceptance of the offer is $162,000
The answer for this is <span>freight-out
</span>The entry to record the payment of freight costs for goods shipped to a customer requires a debit to Freight-out and a credit to cash. Freight-out is not part of the cost of inventory; it is a delivery expense and appears among the operating expenses on the income statement.
<span>In contrast, freight-in is used to record the shipping costs associated with acquiring inventory (note: when using a perpetual inventory system, the shipping cost associated with acquiring inventory is debited to Inventory).</span>
Jeff's pizzeria can handle 30 orders during the day.It wanted to increase this number,so it started making its delivery boys do minor chores in the kitchen when they were not out for delivery and made some of the chefs pick up customers' calls.This doubled the number of order Jeff's Pizzeria could handle.This approach is an example of <u>Synergy</u>
Answer: The correct answer is (B)
<u>Explanation:</u>
Synergy takes place when a concern use teams to increase performance and growth and it helps in achieving common goals.Synergy means collective performance or action which multiply the speed of team.
Synergy approach helps in speeding up the job and completing it in a desired time period.It increases the effectiveness of the team and enable the team to share common perspective,knowledge and experience.
Even if the members of the team are not talented enough but with group efforts or synergy a team can accomplish the things beyond their skills.
Synergy makes the team stronger .Ever team member gets the benefit and become prosperous.
