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Ainat [17]
2 years ago
7

as of december 31, the unadjusted balance in deferred revenue contains $5,600 for unredeemed gift cards. an analysis of the mont

hly sales indicates that $3,200 gift cards were redeemed during the month but not yet recorded. how will these transactions affect the adjustments at the end of the period?
Business
1 answer:
Masteriza [31]2 years ago
6 0

These transaction  will affect the adjustments at the end of the period by:

  • Decrease Unearned Revenue
  • Increase Sales revenue

Since the gift cards was  redeemed during the month which means that Unearned Revenue will have to be  decreased by the costs of gift cards that was redeemed during the month.

Calculated as:

Unearned Revenue=$5,600-$3,200

Unearned Revenue=$2,400  decrease

Since the gift cards was  redeemed during the month which means that  will have  increased Sales revenue by the costs of  of gift cards that was redeemed during the month.

Calculated as:

Sales revenue=$5,600+$3,200

Sales revenue=$8,800 Increase

Inconclusion These transaction  will affect the adjustments at the end of the period by:

  • Decrease Unearned Revenue
  • Increase ​Sales revenue

Learn more here:

brainly.com/question/16202816

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Answer:

$173,205

Explanation:

According to the scenario, computation of the given data are as follows:

Given data:

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Formula for solving the problem are as follows:

Standard deviation = [ (X1 - Z)^2 × Y1 + (X2 - Z)^2 × Y2 ]^1/2

By putting the value in the formula, we get

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3 years ago
Identify the guideline that should be followed by a supervisor to discourage unions.
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<span>A supervisor can take many steps when it comes to handling unions within the company. First that should be taken into consideration is, the supervisor’s communication to his/ her people. The people should know that the supervisor is always available when they need to talk about the policies of the company and why there is no necessity to have a third party. The employees should also have the knowledge on what is going on inside the business. They should always be informed about the standing of the company in the market.  Another is, there should also be an outlet where the employees can air out their concerns thus the supervisor should also provide these outlets.  Another concern that should be addressed properly is the fairness of the pay. This means that the principle of paying the employees must be put into mind; this is that they are paid according to the work that they do and second is let the employee know that they are paid fairly. Do this by market surveying the wages every year. Be honest to the employees by letting them know the economic standing of the company. They will surely understand the situation. The company must also remember the employees who stood by them during the hard times by giving them fair returns when the company is already in a good standing.  Next is, when you see that an employee is making good performance, companies must also do their responsibility by acknowledging the efforts and giving incentives for their good performance. </span>

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3 years ago
Please write the answer in the same blank format I provided
stepladder [879]

The preparation of the Trial Balance of Ceco Co. from the ledger accounts as of June 20, 2020, is as follows:

Ceco Co.

<h3>Trial Balance</h3>

As of June 30, 2020

Accounts                                      Debit            Credit

Cash                                      $5,000.00

A/R - R. Tamo                          3,500.00

A/R - G. Slaught                        1,124.00

A/R - P. Onno                            850.00

Supplies                                  1,585.00

Automobile                         22,800.00

Equipment                          25,350.00

A/P - Batt Inc.                                                 $785.00

A/P - Parker Products                                   1,000.00

A/P - Nishi Co.                                               1,200.00

Bank Loan                                                  25,000.00

C. Hernandez, Capital                               32,224.00

Totals                              $60,209.00    $60,209.00

<h3>What is a trial balance?</h3>

A trial balance is a list of the ledger accounts balances at a particular date of the financial period.

The trial balance helps to show if accounts have been correctly recorded according to the double-entry system.

Thus, the above trial balance shows the ledger accounts balances of Ceco Co as of June 30, 2020.

Learn more about preparing the trial balance at brainly.com/question/13669511

#SPJ1

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