A business renders services to its customer for $50,000 on account. Record the transaction in the journal
What will be an ideal response
Accounts Receivable 50,000
Service Revenue 50,000
Performed services on account.
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Owning a variety of securities means engaging in
A. securitization. B. sterilization. C. diversification. D. free-riding.
Sexual reproduction brings about genetic variation within a species. How does sexual reproduction contribute to variation? Why is genetic variation so important to the survival of a species? Support your answer with an example.
What will be an ideal response?
Total fixed costs are $30,000, and Lampara can sell a maximum of 12,000 units of each style of lamp annually. Machine hour capacity is 20,000 hours per year. What is the contribution margin per machine hour for the Lowell Lamp? (Round your answer to the nearest cent.)
Lampara Corporation manufactures two styles of lamps — Bedford Lamp and Lowell Lamp. The following per unit data are available:
A) $10.00 per machine hour
B) $25.00 per machine hour
C) $4.50 per machine hour
D) $38.00 per machine hour
Explain the difference between “training” and “development” in the workplace.
What will be an ideal response?