All categories

4 years ago

Which accounts are affected in the closing process under a perpetual inventory system?

Business

1 answer:

diamong [38]4 years ago

8 0

<span> Cost of goods sold, sales returns and allowances and sales discounts </span>

You might be interested in

What goals does the international monetary fund serve today?

makvit [3.9K]

The international monetary fund is an organization that is made up of 190 countries whose goals are to build international trade, promote economic development, and reduce poverty in the world.

The International Monetary Fund is a committee of many nations that are committed to developing the economy of their nations.

The goal is to reduce poverty and encourage international trade among nations.

They assist nations whose economies are struggling with loans that can help them wade through their difficult times.

Summarily, the IMF aims to reduce poverty in the world.

Learn more about IMF here:

brainly.com/question/10346932

8 0

3 years ago

Present all the journal entries including the adjustments that would be made on July 31, 2015, the end of the fiscal year, for e

Kamila [148]

Answer:

Account Title Dr Cr

Supplies Expense (22,150+9,350-8,810)..............22690

Supplies....................................................................................22690

Interest Receivable .....................................................450

Interest Revenue .......................................................................450

Rent Revenue.............................................................$7,000

Unearned Revenue...............................................................$7,000

3 0

3 years ago

Blake Company has $15,000 cash at the beginning of June and anticipates $50,000 in cash receipts and $34, 500 in cash disburseme

rodikova [14]

Answer:

balance of the loan = $4500

correct option is d. $4, 500

Explanation:

given data

cash at the beginning = $15,000

cash receipts = $50,000

cash disbursements = $34, 500

minimum cash balance = $10,000

maintains = $20,000

company owes = $15,000

to find out

balance of the loan

solution

we get here first excess that is

excess = $15,000 + $50,000 - $34, 500

excess = $30500

so used to loan replay will be here as

used to loan replay = $30500 - $20,000

used to loan replay = $10500

so balance of loan will be here

balance of the loan = $15,000 - $10500

balance of the loan = $4500

correct option is d. $4, 500

6 0

4 years ago

Women make up 45% of the world s workforce. What percentage of these women live in poverty?

natita [175]

I think A. 25%

Note I am not 100% sure

5 0

3 years ago

You set up an IRA with an APR of 2.5% at age 35. At the end of each month, you deposit $102 in the account. How much will the IR

Cerrena [4.2K]

The formula of the future value of annuity ordinary is

Fv=pmt [(1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT monthly deposits 102
R interest rate 0.025
K compounded monthly 12
N time 65−35=30 years

Fv=102×(((1+0.025÷12)^(12
×30)−1)÷(0.025÷12))
=54,607.49

Hope it helps

6 0

3 years ago