$3.20
Take the total sales divided by total customers.
Sales of hotdogs 40* $2 = $80
of grilled cheese 10* $5 = $50
of cheeseburgers 5 * $6 = $30
Total sales $160/50 customer = $3.20/per customer
A couple of years: Is usually when a budget is usually constructed.
The phase 3 of a business report is the revision phase.
The revision phase involves revising, proof reading and evaluation.
In this phase, improving the content and sentence structure of the report, correcting the grammer, spelling, punctuation, and format of the report and adding, cutting, and recasting what has been written.
Therefore, the correct answer to the question is äll answer choices are correct".
Answer:
The balance of allowance for doubtful accounts is $ 1,880
Explanation:
Computation of balance in Allowance for Bad Debts
Total credit sales $ 47 comma 000
Estimated bad debts as a % of sales 4 %
Balance of Allowance for Doubtful accounts $ 1,880
The balance is based on a % to credit sales basis. The bad debts expense for the year considers the balance in the allowance for doubtful accounts and the accounting entry is an adjustment amount.
Answer:
A.No entry is required
B.No entry is required
C.No entry is required
D.No entry is required
Explanation:
The Edward City Council
1. Record the journal entries for November 1, Year 1, if any.
No Entry Required
2. Record the journal entries for November 30, Year 1, if any.
No Entry Required
3. Record the journal entries for December 1, Year 1, if any.
No Entry Required
4. Record the journal entries for January 1, Year 2, if any.
No Entry Required