Answer:
The Journal Entry is as follows:
Loss on Impairment $8,400
Debt Investment ($8,400)
Explanation:
Given.
Carrying Value = $79,200
Decreased Value = $70,800
Differences = $79,200 - $70,800
Differences = $8,400
Since the loss in value is determined, uncollectible.
The required entry on the journal entry are the amount loss on impairment and the amount invested on debt.
The Journal Entry is as follows:
Loss on Impairment $8,400
Debt Investment ($8,400)
Answer: $315000
Explanation:
From the information given in the question, the gross rental income that one will expect to receive for this space in the year after the lease expires goes thus:
= [(75% x 15) + (25% x 18)] x 20,000
= [(0.75 × 15) + (0.25 × 18)] × 20000
= (11.25 + 4.5) × 20000
= 15.75 × 20000
= 315,000
Therefore, the gross rental income is $315000
It should be noted that in the Production Oriented Era,manufacturers focused on product innovation, rather than satisfying the needs of individual customers.
<h3>What is Production Oriented Era?</h3>
Production Oriented Era can be regarded as an era in which manufacturers were concerned with product innovation, they do this instead of meeting customers needs.
In this era Retailers were considered places to hold inventory until it was sold.
Learn more about Production Oriented Era at:
brainly.com/question/6264918
Answer:
Ashley is a finance executive. She has gathered all the data from different departments regarding the finances expended as well as earned in the process of selling a product. She needs to prepare an income statement. How should she start preparing the income statement?
show the sales revenue first
Explanation:
The sales revenue shown reflects the income accrued during the cause of sales and this comes first during income statement preparation
Answer:
Option "C" is the correct answer to the following situation.
Stimulus Response Selling
Explanation:
Stimulus-Response Strategy- A marketing strategy that depends on the salesperson's freedom to say the right thing stimuli to get a favorable response from the buyer's answer, also referred to as the Canned Method because a template is widely used.
Marie uses a combination of statements and questions when trying to sell goods to potential buyers and tries to construct statements and questions so that the prospective buyer can receive beneficial responses.
