Answer:
See below
Explanation:
The net realizable values are as follows
ai For accounts receivables
Ending balance of account receivables = Beginning balance of account receivables + Credit sale - Collections uncollectible amount
= $187,800 + $860,400 - $687,720
= $360,480
aii For allowance for doubtful debt
= Beginning balance + Previously written off amount - Uncollectible amount + Bad debt expense
= $9,630 + $2,859 - $7,381 + $18,412
= $23,070
Answer:
The average fixed cost is $2.4.
Explanation:
Vipsana's Gyros House sells gyros.
The cost of ingredients to make a gyro is $2.00.
Vipsana pays her employees $60 per day.
She also incurs a fixed cost of $120 per day.
The cost incurred on ingredients and workers is a variable cost.
The total fixed is thus $120.
The average fixed cost for 50 gyros
= 
= 
= $2.4
There was a rise in human population.
Answer:
Unearned Fees ($3,600 × 6 months ÷ 12 months) $1,800
To Advertising revenue $1,800
(Being the adjusting entry is recorded)
Explanation:
The adjusting entry is shown below;
Unearned Fees ($3,600 × 6 months ÷ 12 months) $1,800
To Advertising revenue $1,800
(Being the adjusting entry is recorded)
Here we debited the unearned fees as it decreased the liability and credited the advertising revenue as it increased the revenue account
The six months could be computed from June 1 to December 31
The division of productive activities among persons and regions so that no one individual or area is totally self-sufficient is known as specialization.
Specialization is a business technique used to concentrate on producing a very narrow range of goods or services in order to achieve maximum productivity, subject-matter knowledge, and industry leadership. Specialization used businesses claim to get higher returns on their investments. Specialization is the antithesis of diversification, which is when a business expands outside of its primary business. Regions of a nation or even entire countries may be considered specializations. Many nations worldwide focus on producing or providing services that are unique to their region while importing other products and services.
Learn more about specialization here:
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