Answer:
$26,830
Explanation:
Given that
Accounts Receivable balance = $17,470
Credit sales = $46,800
Collected accounts receivable = $37,440
The computation of Accounts Receivable balance is given below:-
= Accounts Receivable balance + Credit sales - Collected accounts receivable
= $17,470 + $46,800 - $37,440
= $64,270 - $37,440
= $26,830
Answer:
A. A credit to Child Care Fees Earned of $4,500.
Explanation:
The journal entry to record this given transaction is given below:
Cash A/c Dr $4,500
To Child Care Fees Earned A/c $4,500
(Being the fees earned is recorded)
As the payment is collected that means cash balance is rise so it debited the cash account and credited the child care fees earned account.
As The monthly fee is $9,000 but we have to determine for 15 days, so it is
= $9,000 ÷ 2
= $4,500
Answer: The answer is provided and attached below.
Explanation:
The explanation for number 1 and 3 has been attached.
2. The break even point is level of production whereby a company makes no profit or loss. When a company operates below the break even point, the company makes a loss and when a company operates above this level, the company make a profit. The higher the level, the higher the profit.
Therefore, from a cost point of view, Miller restaurant and every other company wants to operate at the full or near full capacity in order to earn higher level of profit. At this point, the fixed costs have been recovered, and every additional unit makes up the profit of the company.
Answer:
Because each of those mediums has a different logic.
Explanation:
For journalists in television, time is a great constraint, and therefore, they are interested in news reporting that is succint, and even entertaining.
In newspapers, what is limited is not time, but word space. Journalists are worried about presenting a newstory with the right words, but without an excessive amount of them.
Finally, in radio, journalists are worried about presenting a newscast with clear words, and in a way that the listener can understand, because radio lacks the visual clues that are present in newspapers and television.
