Answer:
Sales for March, 164 * 15 = $2,460
Explanation:
According to the accrual system, the purchases and sales are recorded when they occur. When compared to the cash basis, they are only recorded when actual cash is received or paid for them.
For March the transaction of 164 units has occurred and thus this sale will be recorded.
Sales for March, 164 * 15 = $2,460
This is the revenue recorded for March under accruals, for cash this would have been 0.
Hope that helps.
The answer is :- alignment
In the ambidextrous firm, if managers direct their efforts primarily at alignment, they are likely to miss out on promising business opportunities.
<h3>What does "ambidextrous organization" mean?</h3>
An ambidextrous organization is one that pursues expansion by dividing the personnel in charge of running a core business from those that investigate new market niches.
It has three distinctive qualities. First, the senior management should hold a shared vision for the company's success. Second, a separate business entity that is in charge of discovering new market sectors. Third, systems that make it possible for the explore unit to access the resources of the main business so that it can grow more quickly than a startup.
A company that manages its primary business differently from its exploration business is said to be ambidextrous.
To know more about ambidextrous organization visit:
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Answer:
a. Debit to Notes Receivable
Explanation:
Journal entry for selling an asset in return for notes receivable is;
Notes Receivable A/c Dr.
To Asset A/C
In the given case, an aircraft is sold in exchange for a note receivable. The journal entry would be:
12% Notes Receivable A/C Dr. $380,000
To Aircraft $380,000
(Being notes receivable received in exchange for aircraft sold being recorded)
Notes Receivable is an asset for the receiver as it represents amount which is due to be received. Whenever an asset account is debited, it increases their balance.
Aircraft is an asset. When an asset is sold, it is credited. Here the asset being a movable asset.
Answer:
manage the business by finding new customers and investors
Explanation:
Out of the available options, this one would be the best possible answer. But in my opinion it is not the best answer. The entrepreneur is responsible for developing a product or service that can be sold to as many customers as possible. Without the main product or service, the entrepreneur has nothing. After he/she has developed or created his product or service, then the entrepreneur must go out and find customers and investors.
For e.g. Mark Zuckerberg had to develop FB before finding investors or even having any people use it. The same applies to all time genius Steve Jobs who needed to finish the Apple 1 before it could be sold.
After the product or service is ready probably comes the hardest part which is to get enough money to get your project running and get people to use it.
All the other options are important parts of owning a business, e.g. arriving early in the morning (develops a proper work culture) or training employees, but they are not the primary responsibility.
