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Alex
1 year ago
12

(05.02 MC)

Business
1 answer:
Masteriza [31]1 year ago
6 0

The correct option is A. Revenue accounts include the sales accounts after deducting all the expenses from sales accounts a credit balance of $1,415.00 is shown in the revenue and expense account.

What is Revenue Expenditure?

Revenue Expenditure is such expenditure that is incurred during the normal course of business by the company that generally benefits from that expenditure of a year or less than a year.

Given, Sale =$3230

           Advertising Expense = $765

            Communication Expenses = $150

           Rent = $900

Caculation of Income      

Income = Sale -  Expenses

             = $3.230-$765-$150-$900

             =$1415.00

Thus, after calculating the Income summary is shown a credit balance of $1415.00

Learn more about Revenue Expenditure here:

brainly.com/question/17769683

#SPJ1

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Which of the following items does not result in an adjustment in the merchandiseinventory account under a perpetual system?
pychu [463]

Answer:

c.Payment of freight costs for goods shipped to a customer

Explanation:

In the inventory account management using the perpetual system, whenever there is an event that may result in a change in the carrying value of inventory, the quantity of the change is immediately determined and adjusting entries are posted.

Examples of such events include purchase of merchandise inventory, return of merchandise inventory to the supplier, .Payment of freight costs for goods received from a supplier (this forms part of the cost of inventory).

From the options given, the only entry that will not result in an adjustment to inventory is c.Payment of freight costs for goods shipped to a customer. This will form part of the selling and distribution cost under operating expenses.

3 0
2 years ago
Business head Brent wants to categorize items under the Challenge, Risk, and Reward headings for his IS implementation presentat
Savatey [412]

Answer:

Challenge

  • Quality Issues
  • Lack of Documentation

Risk

  • Loss of Confidentiality
  • System Unavailability

Reward

  • Increased Quality
  • Reduced Cycle

Explanation:

A challenge is something that test you and your business. The are temporary obstacles that you have to surpass in order to be successful.

Business Risk means the possibility of loss or any adverse condition that may severely damage the organization's ability to achieve its goals and objectives.  

Reward means a positive outcome that has happened because of productive decision making and effective management.  

7 0
3 years ago
Borwan Company uses the weighted-average method in its process costing system. The Assembly Department started the month with 8,
Gnoma [55]

Answer:

73,000 units

Explanation:

The computation of equivalent units for conversion costs is shown below:-

Equivalent units = Units transferred ÷ Finished goods + (Units in closing Work in progress × Percentage of completion)

= (8,000 + 69,000 - 5,000) + (5,000 × 20%)

= 72,000 + 1,000

= 73,000 units

Therefore for computing the Equivalent units we simply applied the above formula.

4 0
3 years ago
Please HELP!!!!!
mel-nik [20]
No because they aren't Fair
4 0
3 years ago
A linear regression to estimate the relation between General​ Motors' stock returns and the​ market's return gives the best fitt
Lana71 [14]
<h3><u>Full question:</u></h3>

A linear regression to estimate the relation between General Motors' stock returns and the market's return gives the best fitting line that represents the relation between the stock and the market. The slope of this line is our estimate of ________.

A) alpha

B) beta

C) risk-free rate

D) volatility

<h3><u>Answer:</u></h3>

A linear regression to estimate the relation between General Motors' stock returns and the market's return gives the best fitting line that represents the relation between the stock and the market. The slope of this line is our estimate of beta

<h3><u>Explanation:</u></h3>

Beta is a broadly applied amount in investment commentary. In economics, the beta of a firm applies to the subtlety of its heritage price concerning an average or benchmark. SLOPE which describes the linear regression implemented among the two variables.

Manipulating beta tacts can be beneficial as a member of a wider investment strategy to restrain downside risk or accomplish short-term gains, but it's essential to retrieve that it is also controlled to the same levels of market levity as any other trading strategy. A beta may yield varying results because of the fluctuations in determining it, such as various periods practiced to estimate data.

6 0
3 years ago
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