Bearcat Construction begins operations in March and has the following transactions. March 1 Issue common stock for $17,500.
March 5 Obtain $8,300 loan from the bank by signing a note.
March 10 Purchase construction equipment for $21,500 cash.
March 15 Purchase advertising for the current month for $1,000 cash.
March 22 Provide construction services for $17,300 on account.
March 27 Receive $12,300 cash on account from March 22 services.
March 28 Pay salaries for the current month of $5,300.

Required:
Record each transaction. Bearcat uses the following accounts: Cash, Accounts Receivable, Notes Payable, Common Stock, Service Revenue, Advertising Expense, and Salaries Expense.

The government often provides goods that are nonrivalrous and nonexclusive to overcome which market failure

Sarah salesrep is brand new to her job selling "lifetime" printers that never need replacement ink cartridges. the problem is that these printers cost ten times more than a regular printer, so it is difficult to get prospective buyers to understand the cost savings of buying it. to break through the barrier and begin making sales, sarah should use a analysis that highlights her printer's lower cost.

Xie company identified the following activities, costs, and activity drivers for 2017. the company manufactures two types of go-karts: deluxe and basic. activity expected costs expected activity handling materials $ 625,000 100,000 parts inspecting product 900,000 1,500 batches processing purchase orders 105,000 700 orders paying suppliers 175,000 500 invoices insuring the factory 300,000 40,000 square feet designing packaging 75,000 2 models required: 1. compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. in january 2017, the deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. assign overhead costs to each model using the single plantwide overhead rate.