Answer: A- few product lines with many items in each
Explanation: A company with shallow product line depth and broad product line breadth would have few product lines with many items in each.
This means that a shallow product line depth is a few product lines. The company has limited variety of product.
While the broad product line breadth means that the company has many items available.
Answer:
contra-assets account.
Credit balance
balance sheet
permanent account.
Explanation:
The allwoance is an account used to adjust accounts receivable to a net value therefore, it is used as contra-asset (to adjust an asset)
Therefore, as assets normal balance is debit a contra-assets in order to adjsut will use credit balance.
<em>Notice:</em> contra-assets decrease the net value of the assets They never increase it. If the princip0al asset increase then, the accounting would use the main asset account, not the contra-asset
Lastly, as it adjsut an asset it will be find in the balnce sheet or in the note to the balance sheet to disclosure the procedure to arrive to net accounts receivables
As it is find in the balance sheet is a permanent account His balance passes through the acouting cycles
Answer:
The customer returned the shirt, because the athlete’s team number was incorrect - Purchasing Department
The concert venue store ran out of packaging supplies - Production Department
The band’s performance was well received in the market due to good promotional schemes - Marketing Department
The budget for the next year included an additional component for promoting improvements to the arena - Finance Department
Explanation:
Got right on plato
Missing information attached along with the complete worksheet
Answer:
rent expense 1,700 debit
prepaid rent 1,700 credit
dep expense 350 debit
acc dep equip 350 credit
advertizing expense 1,400 debit
prepaid advertizing 1,400 credit
Explanation:
advertizing:
5,600 divide into 4 months = 1400 accrued per month
depreciaton:
42,000 / 10 years = 4,200
then we divide by 12 month: 350
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