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mixas84 [53]
3 years ago
13

T-account: Accounts ReceivableBeg. Bal. 188,400 105,800 18,090 63,990 5,490 14,790 19,290 Partial list of account balances at th

e end of the year: Cash $ 28,090Accounts Receivable Unknown Equipment 35,690Accounts Payable 5,990The amount of total current assets that will be reported on the company's balance sheet at the end of the year is:
Business
1 answer:
olganol [36]3 years ago
7 0

Answer:

thats a hard one

Explanation:

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In critical listening, it is important to determine the accuracy of facts.
Bingel [31]
The answer of the question is True.

Hope it helped :)
8 0
3 years ago
When ________, business firms will collectively supply a lower quantity of output at any given price, and the supply curve will
Ganezh [65]

When <u>cost of production increase </u>  business firms will supply lower quantity of output

<h3>Effect of production cost on prices </h3>

When the cost of production increases, producers will tend to produce a lesser quantity of goods and services and this is cause an increase in demand over supply in the open market.,

An increase in demand without a corresponding increase in supply will cause the supply curve to shift to the left.

Hence we can conclude that When <u>cost of production increase </u>  business firms will supply lower quantity of output

Learn more about shift in supply curve : brainly.com/question/23364227

#SPJ1

7 0
1 year ago
Which of the following statements about the income statement is false? a. The single-step format groups all income items togethe
Sophie [7]

Answer:

The statement which is false is D) .

Explanation:

Income statement helps in assessing the current and past performance of the company, it also helps in predicting the future performance and in assessing the risk present in future in obtaining cash flows. Income statement are prepared through two methods either single step format ( which is used by sole proprietor and partnership firms ) or multi step format ( used by corporations ) .

In the single step format , all the income items are group together and are subtracted from the total cost, while in multi step format , a company breaks all the sources from where the revenues and cost have come, it is used to take out various measures like gross profit, operating profit etc.

A common size statement is one of the type of income statement where each account item is represented as a percentage of total sales value.

Option D is false because discounted operations and extraordinary transactions appear on both the single step and multi step format , these transactions are written as written as footnote below the statement.

5 0
3 years ago
What type of value may consumers be interested in if they are looking for the potential rate of return
blsea [12.9K]

Answer: Investment Value

Explanation:

The Investment value of a project is the amount that an investor believes the project is worth to them. There are certain parameters to decide this but the most important is the potential rate of return.

The Potential rate of return tells the investor how much they can expect as returns should they invest in such a project. If it is high, the investment value will be high as well.

5 0
3 years ago
The journal entry to record the purchase of materials on account in process cost accounting is a(n): Multiple choice question. i
Lilit [14]

The journal entry to record the purchase of materials on account in process cost accounting is an Increase in assets and an increase in liabilities. Option A. This is further explained below.

<h3>What is a journal entry?</h3>

Generally, In process cost accounting, a rise in assets and an increase in liabilities are recorded in the journal entry for the purchase of materials on account.

In conclusion, A journal entry is a kind of entry that is used in the accounting records of a company to record a transaction that occurred inside the company.

Read more about the journal entry

brainly.com/question/15889958

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7 0
2 years ago
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