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3 years ago

What are sales transactions posted to the accounts receivable subsidiary ledger? Why?

Business

1 answer:

Eduardwww [97]3 years ago

8 0

Answer: Transactions and Payment History.

Explanation:

The general ledger records the transactions and payment history of each customer to whom the business provides credit. The balance in each client account is periodically adjusted to the stability of accounts receivable in the general ledger, to ensure accuracy. It also provides details of these sales, showing dates and account numbers, credit, payments made against credit sales, discounts and refunds and fees.

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Bond Company uses a plantwide overhead rate with direct labor hours as the allocation base. Use the following information to sol

Georgia [21]

Answer:

B. 6.2 DLH per unit of G2

Explanation:

Total cost per unit of G2:

$20 = DM + DL + OH

$20 = $7 + $3.60 + X

$20= $10.6

$20- $10.6

= $9.4

X = $9.4 overhead per unit of G2

Therefore the Plantwide overhead rate is:

$795,000/530,000 DLH = $1.5 per DLH

DLH per unit of G2:

$9.4/$1.5 = 6.26 DLH per unit of G2

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3 years ago

Aiello, Inc. had the following inventory in fiscal 2016. The company uses the LIFO method of accounting for inventory. Beginning

quester [9]

Answer:

The correct answer is B. $1,800.00

Explanation:

LIFO Perpetual table is attached.

The table shows purchases, sales and balance of each period.

As the final inventory is 120 units, we suppose the sales of the year. Applying LIFO, our ending inventory cost is 120 units, each one at $15

So, total cost is $1800 (120* 15)

Download xlsx

8 0

3 years ago

You receive an invoice for $565.00 with terms 3/10, net 30. If you pay it immediately, how much will you pay

Alika [10]

565 x 3% = $16.95

$656 - $16.95 = $548.05

3 0

2 years ago

_____ season is when the weather is best in a locale and when many people have time off for vacation.

timurjin [86]

Answer:

high

Explanation:

the most popular time of year at a resort, hotel, or tourist attraction, when prices are highest

8 0

2 years ago

Read 2 more answers

When the Lego Movie was released to movieâ€‹ theaters, the intent was not necessarily to sell moreâ€‹ Legos, but the firm did ha

Harman [31]

Answer:

The correct answer is the option B: branded.

Explanation:

To begin with, the term of <em>branded content</em>, in the field of marketing, refers to the practice that focuses in the creation of multimedia content that is funded or outright produced by and advertiser and whose main purpose is to give a message of the values of the company in the content created.

Secondly, the case of Lego is an example of branded content due to the fact that the company did not want to sell more products but instead <u>wanted to create a content that shows the values of the company such as imagination, being oneself and having fun</u>.

3 0

3 years ago