I just took this quiz and the answer is "Makes it more elastic" I hope this helped
Answer
Richard need to contribute to his annual college expenses is $ 12425 .
Explanation:
As given
Richard’s annual college expenses are expected to total $17,745.
He will receive $5,320 in grants.
Thus
Richard contribute to annual college expenses = Annual college expenses - Grant amount .
Putting values in the above
Richard contribute to annual college expenses = 17745 - 5320
= $ 12425
Therefore Richard need to contribute to his annual college expenses is $ 12425 .
B. You can get it at a bargain price.
C. The previous owner will help fund the business.
D. You don't need to do any more advertising.
Answer:
A. It's track record lets you know what to expect.
Explanation:
Answer:
$2,261,560
Explanation:
Budgeted finished goods inventory (June 1) = beginning = 500 units
Budgeted finished goods inventory (June 30) = ending =80 units
Planned sales (June) = 28,000 units
Direct labor hours = 4.1 per direct labor hour
Direct labor rate = $20 / direct labor rate
June production :
Planned sales + ending inventory - beginning inventory
(28000 + 80 - 500) units
= 27,580 units
Total Direct labor hour required for production :
27,580 × 4.1 = 113,078 labor hours
Cost of production:
Total direct labor hour × rate per hour
113,078 × $20 = $2,261,560
The journal entry is accurately recorded to capture the sale of goods to Rajesh, the cash received through the cheque payment, and the remaining accounts receivable balance.
When goods are sold to Rajesh for Rs 8000, the sales revenue increases. On the debit side, Rajesh's account is debited with Rs 8000 as he owes the business. On the credit side, the Sales account is credited to record the revenue generated from the sale.
Since Rajesh paid Rs 5000 immediately by cheque, the Bank account is debited with Rs 5000 as the business receives cash. Simultaneously, the Accounts Receivable account is credited with Rs 3000, representing the remaining amount that Rajesh still owes.
This journal entry correctly represents the sale, the cash received, and the remaining accounts receivable balance resulting from the transaction with Rajesh. This showcases the proper accounting of the transaction within the business's financial records.
Complete Question:Pass journal entry Goods sold to Rajesh for rs 8000. He paid ruppees 5000 by cheque immediately? Explain.
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