Answer:
- The balance in the subsidiary ledger will equal the balance of its supported account in the general ledger.
- The account which the subsidiary ledger supports in the general ledger is called a control account.
- It is a supporting ledger that contains detailed information about a general ledger account.
- Two of the most common subsidiary ledgers are for Accounts Payable and Accounts Receivable.
Explanation:
A subsidiary ledger is defined as a supporting ledger that contains details of an account on the general ledger.
It gives a breakdown of the single amount that reflects in a general ledger account.
For example if the accounts payable account has a balance of $50,000, the subsidiary ledger will show the individual transactions that make up the $50,000.
Therefore the balance of the subsidiary ledger will equal the amount in the general ledger account.
Answer:
Break Even Sales Volume in Dollars= $ 19500
Explanation:
Break Even Sales Volume in Dollars= Fixed Costs/ Contribution Margin Ratio
Break Even Sales Volume in Dollars= Fixed Costs/ 1- (variable Costs/ Sales)
Break Even Sales Volume in Units = Fixed Costs/ Contribution Margin per Unit
Break Even Sales Volume in Dollars= Fixed Costs/ 1- (variable Costs/ Sales)
Break Even Sales Volume in Dollars= $6,240/1-(130/190)
Break Even Sales Volume in Dollars= $6,240/1-0.68
Break Even Sales Volume in Dollars= $6,240/0.32
Break Even Sales Volume in Dollars= $ 19500
Answer:
<em>The answer is 17.01 minutes</em>
Explanation:
<em>Given that:</em>
<em>The learning rate (r) = 85% = 0.85</em>
<em> T₃₂= 23.52 minutes</em>
<em>By applying the learning curve formula</em>
<em>Thus,</em>
<em>Tₙ = T₁ nᵇ</em>
<em>Where b represent ln(r)/ln2</em>
<em>b = ln( 0.85)/ln2 = -0.2344</em>
<em>23.55 = T₁ * (32)^-0.2344</em>
<em>T₁ = 23.55 * (32)^0.2344</em>
<em>Now,</em>
<em>T₁₂₈ = T₁ (128)^ - 0.2344</em>
<em>= 23.55 * (32)^0.2344 * (128)^ - 0.2344</em>
<em>=17.01 minutes</em>
Answer: $75000
Explanation:
Net revenue is simply defined as the total amount of money that an economic entity such as an individual or firm makes from sales minus the direct expenses. The net revenue accounts for the refunds, price reductions, and the direct expenses.
From the question, we've been informed that Wolfpack, Inc.provides goods and services to customers during the year totaling $100,000 and that during the year, customers are granted discounts, returns, and allowance of $20,000. Lastly, Wolfpack estimates that an additional $5,000 in discounts, returns, and allowances will occur next year.
The amount of net revenues Wolfpack will report in its current-year income statement will be:
= $100,000 - $20,000 - $5,0000
= $75,000
<span>The kidnappers have taken and holding eight people hostage at a farmhouse just outside town. If the Swat team assaults the farmhouse, hostages will be killed. If they give into the kidnappers' demands for ransom, hostages will be safe but the tactic will encourage more kidnappings of innocent people.The argument is an example of compromise. </span>
<span>Compromise is a negotiation process in which both parties (Swat team and kidnappers) give up something in order to get something else which they want more. It occurs in win-lose situations – like in the example that there are hostages taken in. Each of the parties makes concessions in order to reach an agreement that is agreeable to both.</span>
