Recording known current liabilities lo c2 on july 15, piper co. sold $10,000 of merchandise (costing $5,000) for cash. the sales tax rate is 4%. on august 1, piper sent the sales tax collected from the sale to the government. record entries for the july 15 and august 1 transactions. on november 3, the milwaukee bucks sold a six game pack of advance tickets for $300 cash. on november 20, the bucks played the first game of the six game pack (this represented one-sixth of the advance ticket sales).
record the entries for the november 3 and november 20 transactions.

Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource.(a) measles vaccinations (b) tuna in the pacific ocean (c) airline service in the united states (d) local storm-water system

Amanager of a store that sells and installs spas wants to prepare a forecast for january and june of next year. her forecasts are a combination of trend and seasonality. she uses the following equation to estimate the trend component of monthly demand: ft = 30+5t, where t = 1 in january of this year. seasonal relatives are 0.60 for january and 1.50 for june. what demands should she predict for january and june of next year

Caleb construction (cc) incurs supervisor salaries expense in the construction of homes. if cc manufactures 100 homes in a year, fixed supervisor salaries will be $400,000. with the current construction supervisors, cc's productive capacity is 150 homes in a year. however, if cc is contracts to build more than 150 homes per year, it will need to hire additional supervisors, which are hired as full-time rather than temporary employees. cc's productive capacity would then become 200 homes per year, and salaries expense would increase to $470,000. how would cc’s salaries expense be properly classified? fixed variable mixed stepped curvilinear