Answer:
The role of organizational structure is to help make clear who answers to whom and where they fit in the chain of command
Answer:
Total Net Sales = $1475000
Explanation:
Average Accounts Receivables = (250000 + 300000) / 2
Average Accounts Receivables = 275000
Accounts Receivables Turnover = Credit sales / Average Accounts Receivables
So,
5 = Credit Sales / 275000
5 * 275000 = Credit Sales
Credit Sales = $1375000
Total Sales = Credit Sales + Cash Sales
Total Sales = 1375000 + 100000 = $1475000
It would be salary because its the same pay rate no matter if you work extra hrs or not
Answer:
d. Debit advertising expense $350, credit accounts payable $350
Explanation:
The advertising expense should be recognized when the economic event occurs, in this case recibing the bill, independently of its payment. This is done with a debit because expenses increase by debits. The credit account is a liability: account payable, which represents an increased on liabilities.
Answer:
187, 450.00
Explanation:
Cost of the asset : $ 200,000.00
Interest rate at 10 %
Payment per year = 32,550.00
First year total amount due = 10% plus asset cost
= ($200,000x 10/100)= 200,000
=$20,000+200 000
=$220,000.00
After deduction = $220,000- 32, 550
=$ 187, 450.00
