Answer:
D.
Explanation:
Firms will hire more labor when the marginal revenue product of labor is greater than the wage rate, and stop hiring as soon as the two values are equal.
Answer:
$34,600
Explanation:
The computation of beginning retained earnings balance is seen below:
But we know that;
Ending balance of retained earnings = Beginning balance of retained earnings + Net income - Dividend paid
$51,600 = Beginning retained earnings + $21,100 - $4,100
Beginning retained earnings = $51,600 - $21,100 + $4,100
Beginning retained earnings = $34,600
Answer:
Date
Explanation:
Simple and is easy is that my partners
When goods are shipped FOB destination and the seller pays the freight charges, the buyer c.makes no journal entry for the freight.
<h3>What are the journal entries for FOB destination transactions?</h3>
When merchandise is sold on FOB destination terms, it implies that the seller is legally responsible for the safety of the goods until delivered to the buyer. In most cases, the buyer does not pay for the freight.
In such a case, the Seller also records the delivery expense or freight as a period expense.
The buyer does not make any journal entry for the cost of delivery or (freight). Since the seller bears all the delivery risks, the buyer can only pay for the cost of the goods when they reach the buyer's destination.
Thus, when goods are shipped FOB destination and the seller pays the freight charges, the buyer c.makes no journal entry for the freight.
Learn more about FOB destination deliveries at brainly.com/question/24920251
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Answer:
revenue is how much you make in a day, month, year.
