Situations in which an agency relationship is unenforceable

Philadelphia Company has the following information for March: Sales $486,599 Variable cost of goods sold 205,621 Fixed manufacturing costs 77,725 Variable selling and administrative expenses 50,621 Fixed selling and administrating expenses 34,085 a.

Fiona Sporty uses a purchases journal, a cash payments journal, a sales journal, a cash receipts journal and a general journal. Indicate in which journals the following transactions are most likely to be recorded.

Grimwood trucking purchased a tractor trailer for $147,000. grimwood uses the units-of-activity method for depreciating its trucks and expects to drive the truck 1,000,000 miles over its 12-year useful life. salvage value is estimated to be $21,000.

Two manufacturing firms, located in cities 90 miles apart. Both send their trucks four times a week to the other city full of cargo and return empty.

Dad is making his famous "hunter's stew." the stew includes chunks of beef, potato, carrot and barley in a thick broth full of many hearty spices.

Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $135,000 and Bowen's is $120,000. Mace and Bowen agree to accept Kent with a 30% interest in the partnership. Kent invests $115,000 in the partnership.

A large company produces paint and other home decorating products. Its goal is to choose the marketing channel arrangement that will give it the most control over supply sources. Which marketing channel system should this company choose?

Wendy is a college student in her sophomore year. she is single with no kids, has vegetation paid for by scholarship. what type of life insurance does she need?

Difference between a parttime and fulltime job

On May 1, 2019, Mary Smith signed a $ 13 comma 000 promissory note with Continental Bank. The note is due in one year with 6 % interest. What journal entry should Continental Bank prepare on May 1, 2019?