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bekas [8.4K]
1 year ago
11

All receivables that are expected to be realized within a year are reported in the __________ section of the balance sheet.

Business
1 answer:
REY [17]1 year ago
6 0

All receivables that are expected to be realized within a year are reported in the

Reconstruction

section of the balance sheet.

Reconstruction

was a success in that it restored the United States as a unified nation: by 1877, all of the former Confederate states had drafted new Reconstruction also finally constitutions, acknowledged the Thirteenth, All receivables that are expected to be realized within a year are reported in the  section of the balance sheet. Fourteenth, and Fifteenth their loyalty to the U.S. government. settled the states’ rights vs.

federalism

debate that had Amendments, and pledged been an issue since the 1790s.

Reconstruction

failed by most other measures: Radical Republican legislation ultimately failed to protect former slaves from white persecution and failed to engender fundamental changes to the social fabric of the South. When President Rutherford B.

federalism

debate that had been an issue since the 1790s almost mediately . Hayes removed federal troops from the South in 1877, former Confederate officials and slave returned to With the support of a conservative Supreme Court, these newly empowered white southern politicians passed black codes, voter qualifications, and other anti-progressive legislation to reverse the rights that blacks had gained during Radical Reconstruction. The U.S. Supreme Court bolstered this anti-progressive movement federalism  with decisions in the Slaughterhouse Cases, the Civil Rights Cases, and United States v.

Learn more about

Reconstruction

on:
brainly.com/question/24761999

#SPJ4

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Did you receive less than 21 weeks of an unemployment insurance benefit payment for weeks between march 15, 2020, and june 26, 2
Galina-37 [17]

It is a true statement that people receive an unemployment insurance benefit payment for more than 21 weeks.

<h3>What is an unemployment insurance benefit payment?</h3>

This is a benefit that provide a temporary financial assistance to the unemployed workers who meet the requirements of State law.

In most states, the workers are eligible for up to 26 weeks of benefits from the regular state-funded unemployment compensation program.

Therefore, It is a true statement that people receive an unemployment insurance benefit payment for more than 21 weeks.

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7 0
2 years ago
The unit of product is the cost object when the plantwide overhead rate method is used.
Marina CMI [18]
<span>The plantwide overhead rate method means </span>using overhead rate to allocate costs to products and includes <span>indirect costs (overhead cost) to cost allocation base (single plantwide overhead rate) to cost objects (products 1-3).
</span><span>The statement that the unit of product is the cost object when the plantwide overhead rate method is used is true. </span>
3 0
3 years ago
The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31.
vova2212 [387]

Answer:

CRUZ COMPANY

1. Closing Entries:

No. Account Title             Debit      Credit

901 Income Summary  $33,100

612 Depreciation expense

—Equipment                                  $3,000

622 Salaries expense                  22,000

637 Insurance expense                 2,500

640 Rent expense                         3,400

652 Supplies expense                  2,200

To close expenses to the Income Summary.

404 Services revenue $44,000

901 Income Summary                    $44,000

To close Service Revenue to the Income Summary.

318 Retained earnings $37,600

901 Income Summary (Retained Earnings) $37,600

To close the Retained Earnings of prior year to Retained Earnings section of the Income Summary.

901 Income Summary

    (Retained Earnings) $7,000

319 Dividends                                    $7,000

To close the Dividends to the Retained Earnings section of the Income Summary.

2. CRUZ COMPANY

Post-Closing Trial Balance

As of December 31

No. Account Title             Debit      Credit

101 Cash                        $ 19,000

126 Supplies                    13,000

128 Prepaid insurance     3,000

167 Equipment               24,000

168 Accumulated depreciation

—Equipment                                  $ 7,500

307 Common stock                        10,000

318 Retained earnings                    41,500

Totals                        $ 59,000   $ 59,000

Explanation:

a) Data and Calculations:

CRUZ COMPANY

Trial Balance

As of December 31

No. Account Title             Debit      Credit

101 Cash                        $ 19,000

126 Supplies                    13,000

128 Prepaid insurance     3,000

167 Equipment               24,000

168 Accumulated depreciation

—Equipment                                  $ 7,500

307 Common stock                        10,000

318 Retained earnings                   37,600

319 Dividends                  7,000

404 Services revenue                   44,000

612 Depreciation expense

—Equipment                    3,000

622 Salaries expense  22,000

637 Insurance expense 2,500

640 Rent expense         3,400

652 Supplies expense 2,200

Totals                        $ 99,100    $ 99,100

b) Income Summary for the year ended December 31:

Revenue                   $44,000

Expenses                   (33,100)

Net Income              $10,900

Retained Earnings    37,600

Dividends                  (7,000)

Retained Earnings $41,500

5 0
3 years ago
On January 15, the end of the first biweekly pay period of the year, North Company's payroll register showed that its employees
Elanso [62]

Answer:

Please check the images attached below

Explanation:

Salaries Payable = (Salariesexpense - Socialsecurity taxes - Medicaretaxes - Incometaxes - MedicalcareInsurance Education - Union dues)

=$28,000−$1,736−$406−$3,800−$678−$190

=$28,000−$6,810

=$21,190

Hence, the salaries payable are $21,190.

Compute the social security taxes using the equation as shown below:

\begin{array}{c}\\{\rm{Social security taxes}} = {\rm{FICA tax rate}} \times {\rm{Salaries expense}}\\\\ = 6.2\% \times \$ 28,000\\\\ = \$ 1,736\\\end{array}  

Socialsecuritytaxes=FICAtaxrate×Salariesexpense

=6.2%×$28,000

=$1,736

​  

Hence, social security taxes are $1,736.

Compute the Medicare taxes using the equation as shown below:

 

Medicaretaxes=Medicaretaxrate×Salariesexpense

=1.45%×$28,000

=$406

​  

Hence, Medicare taxes are $406.

​

4 0
3 years ago
What is the main function of the Federal Open Market Committee?
Vsevolod [243]
To conduct monetary policy, it's open market operations. Buying and selling of federal government bonds to influence the money supply in the rate of interest. These operations are responsibility of Federal Open Market Committee. Ask google for more friend, hope I helped!
8 0
3 years ago
Read 2 more answers
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