Answer:
1) assuming that the credit card company's payments are immediate (1 business day)
April 30,2015, net credit and debit card sales
Dr Cash 13,580
Cr Sales revenue 13,580
2) assuming that the credit card company's payments are immediate (1 business day)
April 30,2015, gross credit and debit card sales
Dr Cash 13,580
Dr Credit card fees 420
Cr Sales revenue 14,000
Answer:
2.49
Explanation:
The division’s turnover is computed using the formula of turnover ratio. Divide the total sales portion of the division with the average operating assets that gives the division’s turnover.
Division Turnover= Sales / Average Operating Cost
DT= $10,333,500 / $4,150,000
DT= 2.49
The division's turnover is closest to 2.49
Entrepreneurship activities should you interact in that would beautify the mastering reviews you're gaining to your training on campus or online:
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Learn more about entrepreneurs here: brainly.com/question/353543
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Direct material cost variance = (Standard price - Actual Price) * Actual Quantity
= ($50 - $51) * 47,000
= $47,000 adverse
C. The adjusting entry for accrued interest on a note receivable would include a credit to interest revenue
