Answer:
Dr bank 5,000
Cr rent revenue 5,000
Deposit
Explanation:
It is noteworthy that the rent received is rent revenue not rent expense , going by the fact that the giving account should be credited while the receiving account is debited, the bank account being the receiving account since cash was received from the rent account would be debited while the rent revenue account would be credited as the giving account.
In another way, rent account is a revenue account, an increase in revenue should be credited while the bank account being an asset account an increase in the asset should be debited.
The answer is a pushing policy. A promotion policy intended at distribution centers to inspire their advertising of a product or service area to their customers. For instance, a pushing policy might be used by an manufacturing business to market to a distribution channel of traders and dealers to get their help in receiving their customers to buy its product.
A SWOT analysis identifies threats and opportunities in the external environment as well as organizational strengths and weaknesses .
<h3>What is a SWOT analysis?</h3>
This is a study that an organization or a corporation would engage in just so theyt can identify their strengths as well as their weaknesses.
This is a strategic planning and management strategy that organizations use.
Read more on SWOT analysis here: brainly.com/question/25066799
Book Balance : $2,490 Bank Balance: $3,360
Add: Add:
Ryan Saar payment 680 Deposits in Transit 300
Interest Revenue 10
Less: Less:
Service Charge ($20) Outstanding Checks (500)
=========== ==========
Cash Balance $3,160 Bank Balance $3,160
*The payment made by Ryan Saar was directly deposited to the bank; therefor, it is not yet recorded in the company books. The same with the Interest Revenue Earned and Service Charge Fees.
*The Deposits in Transit and Outstanding Checks are not yet recorded in the bank because the deposits are still in transit while the outstanding checks are not yet cashed; however, these items were already recorded in the company books.
Answer: $3 per unit per year
Explanation:
Using the EOQ model we will have to divide the Total Carrying Cost ( Annual Inventory Carrying Cost ) by the Average inventory to find the inventory carrying cost per unit per year.
First then, let us calculate the Total Annual Inventory Carrying Cost with the following formula,
Annual Inventory Carrying Cost = total annual setup or ordering cost .
Now the figure provided needs to be divided in 2 before it has both the carrying and ordering cost.
So Annual inventory carrying cost = total annual inventory /2
= 600/2
= 300
Now to calculate the Average Inventory which is,
Average Inventory = EOQ/2
= 200/2
= 100
The Inventory Carrying Cost per unit will therefore be,
= 300 / 100
= $ 3
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