Answer and Explanation:
The journal entry is shown below:
Delivery expenses Dr $56
Merchandise inventory Dr $179
Miscellaneous expenses $25
To Cash $260
(Being the reimbursement of the account is recorded)
For recording this we debited all expenses and credited the cash as it increased the expenses and decreased the assets
Answer: c. is made by a cash settlement based on the index value
Explanation:
Stock index futures are settled by cash sort of like index options.
This means that there is no delivery of the actual underlying asset at the end of the contract.
The cash / profit is determined by the starting and ending prices of the futures contract.
Based on the amount you pay now and the increase in insurance premiums, your annual insurance costs next year would be $6,325.
<h3>What is the next insurance cost next year?</h3>
The annual cost of insurance refers to the amount that is paid in premiums in a year.
That cost is currently $5,500 but will increase by 15%.
= Current insurance cost x ( 1 + rate of increase)
Solving gives:
= 5,500 x ( 1 + 15%)
= $6,325
Find out more on insurance cost at brainly.com/question/4953989.
Answer:
Quality control
Explanation:
Six Sigma is a quality business management strategy which helps business organizations to improve the quality of processes, products and services by discovering and eliminating defects, variations or errors. It is a strategic business concept that was developed in 1986 by Motorola.
Under the six sigma approach, any process that doesn't provide customer satisfaction or causes challenges in an organisation's process should be eliminated from the system in order to produce quality products and services. It allows only 3.4 defective features for every million opportunities and as such expects processes to be defect free 99.99966 percent of the time.
Generally, there are two (2) main methods of achieving the six sigma approach;
1. DMAIC: define, measure, analyze, improve and control.
2. DMADV: define, measure, analyze, design and verify.
Hence, a pre-concert rehearsal is an example of quality control because the participants or team members are made to practice their routines so as to master them and prevent mistakes on the day of the concert. Thus, a pre-concert is aimed at getting the best out of a team in order to deliver a quality performance to the audience.
Answer:
Cost of gasoline = $466.9
Explanation:
given data
miles in the trip = 3,700-mile
1 gallon = 23 miles
average price of gas = $2.90 per gallon
solution
we get here no of gallon required for the trip is express as
no of gallon required for the trip = 
= 160.87 gallon = 161 gallon
so we get here now Cost of gasoline that is
Cost of 161 gallons = Cost of gasoline for 3700 miles trip
Cost of gasoline = $2.90 per gallon × 161 gallon
Cost of gasoline = $466.9
