Answer: See explanation
Explanation:
A. The number of units started in the second department during April will be the number of units that is transferred in from the first department. This will be
= 19000 units
B. The number of units completed in the second department during April will be:
= Beginning units + Started Unit - Ending units
= 4000 + 19000 - 5500
= 17500 units
C. The number of units started and completed in the second department during April will be:
= Completed units - units in beginning WIP
= 17500 – 4000
= 13500 units.
Answer:
Owners Equity/Net Worth is $106,080
<u>Explanation:</u>
<u>Assets</u>
Cash $33,700
Supplies $5,780
Accounts Receivable $12,600
Equipment <u>$77,400</u>
Total Assets <u>$129,480</u>
<u>Liabilities</u>
Accounts Payable $23,400
<em>Owners Equity (Balance) </em><u><em>$106,080</em></u>
Total Liabilities and Equity <u>$129,480</u>
Answer: C. in market equilibrium there are no unconsummated wealth-creating transactions
Explanation:Market equilibrium is a term in Macroeconomics used to describe the price at which the Quantity of goods demanded is equal to the Quantity of goods supplied.
Wealth-creating transactions are money making transactions, these transactions are those that takes place and are paid for.
IN A MARKET EQUILIBRIUM THE QUANTITY OF GOODS DEMANDED IS EQUAL TO THE QUANTITY OF GOODS SUPPLIED MAKING THE ECONOMY TO HAVE NO UNCONSUMMATED WEALTH-CREATING TRANSACTIONS.
Answer:
Part a
Debit : Cash $9,000
Credit : Service Revenue $9,000
Part b
Debit : Prepaid Insurance $3,240
Credit : Cash $3,240
Part c
Debit : Equipment $12,000
Credit : Cash $12,000
Part d
Debit : Cash $14,000
Credit : Loan Payable $14,000
Explanation:
Step 1 : Identify the Accounts affected in each and every transaction.
Step 2: Then determine if this Account is increasing or decreasing.
Step 3 :The journal entries have been prepared above.
Answer:
D. Since most import businesses are also export businesses, find a U.S. product South Africans would be willing to buy.
Explanation:
Also she should hear from others who import and export goods from Africa and US and vice-versa.
