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Explanation:
Explanation:
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Answer:
1. Dr Cash 665
Cr Advance from customer 665
2. Dr Cash 685
Cr Other income 685
3. Dr cash 18675
Cr Account receivable 18675
4. Dr Account receivable 9600
Cr Sales revenue 9600
5. Dr Cash 8000
Cr Account receivable 8000
6.Dr Utility expense 395
Utility expense payable 395
7. Dr Supplies 1255
Cr Accounts payable 1255
8. Dr Accounts payable 2600
Cr Cash 2600
9.Dr Salaries and wages expense 12200
Cr Cash 12200
Explanation:
Answer:
Option A Risks affecting the business operations and potential outcomes of an organization's activities.
Explanation:
The reason is that the business risk are those risks that has potential to increase the cost of the company or decrease the revenue of the organization. So here the misstatement will not increase the cost of the organization and the only risk that increase the cost or decrease the revenues is the poor performance of the organization's activities and operations. So the right option which doesn't talks about misstatements is option A.
Answer: 15
Explanation:
For profit to be maximized by a monopolist, the marginal revenue and marginal cost must be gotten.
P= 105-3Q
MC= 15
Since total revenue is price × quantity, TR= P×Q = (105-3Q)Q
= 105Q-3Q^2
MR= 105-6Q
Since we've gotten marginal revenue and marginal cost, we equate both together.
MR=MC
105-6Q = 15
6Q = 105-15
6Q=90
Divide both side by 6
6Q/6 = 90/6
Q= 15
The quantity that will maximise profit is 15
