Statement of stockholders’ equity Financial information related to Organic Products Company for the month ended June 30, 20Y9, i

Respuesta:

     Provisión  

Débito        Crédito

                       $426,000

                 $ 85,000

$106,000

                 $405,000

Pérdida por deudas

Débito   -    Crédito

$85,000  

Explicación:

Al usar cuentas T, se puede observar que la cifra faltante en las provisiones netas es de $106,000, que corresponde a las cuentas de cancelación de deudas del año.

La provisión comenzó el año con $426,000 y se le suma 85 por gastos morosos, finalizando el año con un saldo de $405,000, por lo que en el medio se encuentra el monto de $106,000, como un valor de débito, lo que indica que la empresa eliminó esa cantidad como créditos incobrables.

Answer:

C) As an alternative financing source in the debt service fund and as an alternative financing use in the capital projects fund.

Explanation:

The content lacks the options:

• A) As revenue in the debt service fund and as expenditure in the capital projects fund.
• B) As an alternative financing source in the capital projects fund and as an alternative financing use in the debt service fund.
• C) As an alternative financing source in the debt service fund and as an alternative financing use in the capital projects fund.
• D) As a special item recorded in both the debt service and capital project funds.

Accounts for other financing sources are utilized by governments to register revenues and expenses not tied to operational activities. The debt service fund consists of the funds that the government has allocated to cover its outstanding obligations. The capital projects fund is where the government tracks expenditures relating to designated projects.

Answer:

The opportunity cost for Janet to create a pizza amounts to 0.67 gallons of root beer, while for Megan it is 0.71 gallons of root beer.

Janet possesses an absolute advantage in pizza making, and Janet also has a comparative advantage in this activity.

When it comes to trading, Janet will exchange pizza for root beer. The price of pizza can be represented by the amount of root beer in gallons. To ensure both roommates benefit, the highest trade price for pizza is 0.71 gallons of root beer, while the minimum price allowing for mutual benefit is 0.67 gallons of root beer per pizza.

Explanation:

For Janet, the cost to produce one gallon of root beer is 3/2, which equals 1.5 pizzas. Janet's cost for making a pizza is calculated as 2/3, resulting in 0.67 gallons of root beer.

As for Megan, her cost to produce a gallon of root beer is 7/5, translating to 1.4 pizzas. Megan's cost of producing a pizza is 5/7, which equals 0.71 gallons of root beer.

Opportunity costs represent the additional expenses or benefits forfeited when electing one action or investment in place of another option. For instance, Janet can create either 1.5 pizzas or 1 gallon of root beer in a span of 3 hours, but she cannot accomplish both simultaneously; she must make a choice between the two options.