A. You have to know how much risk you are willing to take in order to figure out what sort of investments will fit your needs.
b-d are not only wrong, but very poor strategies in general.
In an organizational budget, variable expenses are the total cost that depended on the amount of goods produced.
Example of variable expenses are:
- Raw material expenses
- Cost of plastic to make a handphone case
- Cost of carrots if the company is selling carrot pies
- etc
Answer: B. Individual ledger accounts
Explanation:
just took the test
A. It is decreased by 50,000 (I'm 50% sure)
6% of 50,000 is 3,000
Answer:
Explanation:
The journal entries are shown below:
1. Cash A/c Dr$598
To Sales $560
To Cash over and short $38
(Being the cash sales are recorded and the remaining balance is credited to the cash over and short account)
2. Cash A/c Dr $1,112
Cash over and short A/c Dr $36
To Sales A/c $1,148
(Being the cash sales are recorded and the remaining balance is debited to the cash over and short account)
