Journal entries
A.
Dr Cash $6,871.50
DrCash Exceed and Short $50.75
Cr Sales Revenue ($6,871.50+ 50.85) $6,922.25
B.
Dr Cash ($6,922.25 +28.32) $6,950.57
Cr Sales Revenue $6,922.25
Cr Cash Exceed and Short $28.32
Answer:
The answer is:
The Kincaids can sue David and Sandra Dess because they can be considered intended beneficiaries of the contract between them and Sirva.
Explanation:
Intended beneficiaries are third parties in a contract that can sue the promisor for breach of contract.
In the contract, David and Sandra agreed to fully disclose all information about the property. Under the terms of the contract, they agreed that Sirva and "other prospective buyers" could rely on their disclosures.
Answer:
making loans
Explanation:
Commercial bank is the bank where the most of the people do their banking. Here the money is to be provided and the interest is also earned from such loans like mortgage, auto loans, business loans, personal loans, etc
Therefore as per the given situation, the commercial bank would earned by the money by providing the loans or making the loans
Hence, the first option is correct
Answer:
Manufacturing-related production costs are initially recorded as expenses
Explanation:
Cost is defined as an amount that has to be paid or spent to buy or obtain something. Cost can be specific, like, "What is the cost of a particular product?" or it can be a penalty, like consider the cost of missing the event.
Expenses sounds similar to that of cost: an amount of money that must be spent especially regularly ro pay for something.
Manufacturing cost are considered to as those that are spent to transform materials into finished goods. Manufacturing costs include direct materials, direct labor, and factory overhead.
Manufacturing cost are also known as factory cost or production cost
They function as consumers and producers because while they work, they are creating goods/ providing services that contribute to the economy. When they get paid, they become consumers who buy goods/pay for services.