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3 years ago

To reduce the risk of starting a small business, the government can

1 answer:

3 0

The government can require licenses in order to start the small business. This keeps the small business accountable and the government and keep track of this.

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Sprint Planning is the only occasion where the Development Team estimates the Product Backlog Items A. True, because without est

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Answer:

true

Explanation:

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3 years ago

If Dennis can pay a police officer off so that he does not get a speeding ticket, he is most likely in what type of culture?

Ghella [55]

What are the answer choices

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3 years ago

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Waterways Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrig

zmey [24]

Answer:

Explanation:

PREPARE COST OF GOODS MANUFACTURED :

Beginning work in process 42000

Raw material consumed

Beginning raw material 38000

Add : raw material purchase 184500

Less : Ending raw material (52700)

Raw material consumed 169800

DIrect labour 42000

Factory overhead

Factory supplies used 16800

Factory utilities 10200

Depreciation factory equipment 16800

Indirect labour 48000

Property taxes 5500

Reent factory equipment 47000

Repairs factory equipment 4500

Total manufacturing overhead 148800

Total manufacturing cost 360600

Less : Ending work in process (52700)

Cost of goods manufactured

INCOME STATEMENT :

Sales revenue 1350000

Cost of goods sold

Beginning finished goods inventory 72550

Cost of goods manufactured 349900

goods available for sale 422450

Less : endin finished goods inventory (68800)

Cost of goods olsld (353650)

Gross profit 996350

Less : advertising expenses (54000)

Less : selling commission (40500)

Less : dep on office equipment (2400)

Less : office suppplies used (1600)

Less : other administrative exp (72000)

Less : Salaries exp (325000) (495500)

Net income 500850

BALANCE SHEET CURRENT SECTION :

ASSETS

Current assets

Cash 260000

Account receivable 275000

Prepaid exp 41250

Inventory

Raw material 52700

Work in process 52700

Finished goods 68800 174200

Total current assets 750450

8 0

3 years ago

Equestrain Roads accepted a customer's $50,000 zero-interest-bearing six-month note payable in a sales transaction. The product

babunello [35]

Answer:

$4,000

Explanation:

The difference between the face value of note and the issuance value of the note is discount. This discount is recorded and amortized over the note life to maturity. As the note is for 6 months and There are also six months from June 30, to December 31. So, all the Discount of $4,000 ($50,000-$46,000) will be recognized as Interest Income. This discount can be amortized and recognized as Interest Income on monthly basis or collectively at the year end.

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3 years ago

SANDHILL CO. Trial Balance August 31, 2017 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. Cash $10,890 $10,890 Accounts Rece

ziro4ka [17]

Answer Explanation:

We match each debit change, with a credit to create an understandable entry.

Salaries and Wages Expense 1,320 debit

Salaries and Wages Payable 1,320 credit

to record accrued salaries for the period

depreciation expense 1,200 debit

accumulated Depreciation - Equipment 1,200 credit

to record depreciation for the year

Supplies Expense 1,050 debit

Supplies 1,050 credit

to record use of supplies for the year

Insurance Expense 1,490 debit

Prepaid Insurance 1,490 credit

to record expired insurance

Unearned Rent Revenue 1,030 debit

Rent Revenue 1,030 credit

to record accrued rent for the period

Account Receivable 660 debit

Service Revenue 660 credit

to record unrecorded service revenue

4 0

4 years ago