Since the transaction was on account basis, the journal entry will be:
debit accounts receivable for $625
credit sales $625
the account title accounts receivable was used because the debtor didn't pay for the merchandise and the sales account was used because the company gain income from that transaction.
Yin yang and nick are doing alright hbu you do not need yearn lol hbu lol i you are so cute lol
Answer and Explanation:
The computation is shown below:
a. For the percentage of failures is
= Number of failures ÷ number of pacemakers tested
= 4 ÷ 90
= 4.4%
b. For Number of failures per unit-hour of operating time
= Number of failure ÷ total time - non-operating time
= 4 ÷ (5,000 × 90) - (5,000 ÷ 2 × 4)
= 4 ÷ (450,000 - 10,000)
= 4 ÷ 440,000
= 9.09 × 10^-6
= 0.00000909 failure per unit-hour
c. For Number of failures per unit-year is
= Failure ÷ unit year
= 0.0000090909 × 24 hours × 365 days
= 0.07963 failure per unit-year
Each general partner in a limited partnership has personal liability
<h3>
What is personal liability?</h3>
Personal liability insurance, often known as "comprehensive personal liability (CPL) insurance," is a part of a homeowners insurance or umbrella insurance policy that guards you and members of your household against claims stemming from injuries and damage to other people's property. It protects you from having to pay hefty sums out of pocket if you are found to be accountable for something bad that occurs to a third party.
Your personal liability insurance protects you from lawsuits stemming from injury to others and property damage.
Personal liability insurance is available independently, even though it is frequently included in a homes policy.
To learn more about personal liability from the given link:
brainly.com/question/16059229
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Answer:
$30,000
Explanation:
The computation of the royalty revenue reported is shown below:
= Patent-related sales for the year × given percentage
= $300,000 × 10%
= $30,000
The revenue is recognized when it is earned or realized so only $30,000 is to be reported as the royalty revenue
The remaining amount i.e $20,000 would be treated as an unearned royalty revenue
