A$235 purchase order for advertisements soliciting bids for the elm street project was issued march 1, 2020. the bill for advertising in the amount of $230 was received march14, 2020 and a voucher for payment was issued. required: record the encumbrance, billing, and the vouchers payable liability in the street improvement fund and governmental activities journals, as appropriate.

Miller company’s most recent contribution format income statement is shown below: total per unit sales (20,000 units) $300,000 $15.00 variable expenses 180,000 9.00 contribution margin 120,000 $6.00 fixed expenses 70,000 net operating income $ 50,000 required: prepare a new contribution format income statement under each of the following conditions (consider each case independently): (do not round intermediate calculations. round your "per unit" answers to 2 decimal places.) 1. the number of units sold increases by 15%.