Answer:
Advertising Expense , Cost of Merchandise Sold , Merchandise Inventory, Sales,Supplies Expense are closed to income summary account. Revenues and expenses are closed to Income Summary.
Explanation:
Closing Entries
a. Accounts Payable: No it is not closed to income summary account.
b. Advertising Expense: Yes it is closed to income summary account.
c. Cost of Merchandise Sold: Yes it is closed to income summary account.
d. Dividends : No these are closed To Retained Earnings Accounts.
e. Merchandise Inventory : Yes it is closed to income summary account
f. Sales Yes it is closed to income summary account
g. Supplies: No prepaid supplies are an asset account and it is included balance sheet.
h. Supplies Expense: Yes it is closed to income summary account
i. Wages Payable: Not closed in the income summary account.
These are liabilities and included in the balance sheet.
Answer:
d. $465.00
Explanation:
Calculation for the amount of total unemployment taxes
FUTA tax rate $60.00
(0.8%×$7,500)
SUTA tax rate $405.00
(5.4%×$7,500)
Total unemployment taxes $465.00
Therefore the amount of total unemployment taxes the employer must pay on this employee's wages will be $465.00
Answer:
The solution is shown in the table of the file attached herewith
Explanation:
Answer:
0.70 moles will be produced
Explanation:
step 1: start with mol HCl, go to mol CaCl2 then do the same for mol Ca(OH)2
step 2: determine limited reagent
step 3: check answer
EQUATION: 2 HCl + Ca(OH)2 → CaCl2 + 2 H2O
Calculation:
(1.4 mol HCl) x (1 mol CaCl2 / 2 mol HCl)
= 0.70 mol CaCl2
Answer:
I would say either B or C
Explanation:
It would make sense to become an apprentice so that you can learn how to really do it.
and it wouldn't be really professional to watch DIY videos but it would increase his knowledge
but for a more accurate answer i would say B
