Question

Give me a answer of ques 19

Answer 1

Hey mate ✌️✌️


Profit and loss account ⤵️⤵️⤵️⤵️

TO SALARIES A/C...150000
+(OUTSTANDING SALARY)....20000.....170000.

(Recorded in debit side of profit and loss account)


Balance sheet ⤵️⤵️⤵️⤵️⤵️


Outstanding salary ......20000


(Recorded in Liability side of balance sheet)


✨ Hope this helps you ✨

Answer 2

The marginal cost curve is usually U-shaped. Marginal cost is relatively high at small quantities of output; then as production increases, marginal cost declines, reaches a minimum value, then rises.