Marsha and Antonio's statements are examples of representations and warranties, as in a contract for the purchase and sale of a work of art there must be agreements that protect and benefit the parties.
<h3 /><h3>Features of a contract</h3>
Corresponds to a formal and consensual document that must be based on legality to identify an economic transaction between two or more parties, establishing the rights and obligations of both.
Therefore, for it to be valid, the parties must be in full capacity and competence, in addition to the need for autonomy of will, the obligation and supremacy of public order.
The correct answer is:
B. Representations and warranties
Find out more information about legal contract here:
brainly.com/question/8935110
Answer:
$5,360
Explanation:
The adjusting entry is shown below:
Bad debt expense $5,360
To Allowance for doubtful debts $5,360
(Being the bad debt expense is recorded)
For recording this we debited the bad debt expense as it increased the expenses and credited the allowance for doubtful accounts as it reduced the assets
The computation is shown below:
= $91,000 × 5% + $810
= $5,360
It is important, because you have to explain how to do a procedure in order for the former person to understand what you believe is correct in math.
Answer:
(B) Unity of direction
Explanation:
The principal of unity of direction is one of the 14 administrative principles developed by Henri Fayol. It is a concept found in administrative management theory. The principle provides that there should be only one leader and one plan for a series of activities seeking the accomplishment of the same objective
Answer:
option (b) $900 U
Explanation:
Data provided in the question:
Normal capacity = 4,000 units per month
Budgeted fixed overhead = $16,000
Budgeted Variable factory overhead = $20,000
Actual overhead incurred = $37,900
Now,
Budgeted variable factory overhead cost per unit = $20,000 ÷ 4,000
= $5
Flexible budget variable factory overhead = 4,200 × $5
= $21,000
Total Variable budgeted factory overhead = $21,000 + $16,000
= $37,000
Variance = Budgeted overhead - Actual overhead
= $37,000 - $37,900
= - $900
or
$900 Unfavourable
Hence, option (b) $900 U
