Is it bad to pick up chicks in a dungeon?

Partial balance sheets and additional information are listed below for Monaco Company. Monaco Company Partial Balance Sheets as

Studentka2010 [4]

Answer:

Net Purchases = Cost of goods sold - Decrease in Inventory

= $308,000 - $16,500

= $291,500

Cash paid to Suppliers = Net Purchases + Decrease in accounts Payable

= $291,500 + $13,500

= $305,000

The summary entry is as follows:

Merchandise Inventory A/c Dr. $291,500

Accounts payable A/c Dr. $13,500

To cash $305,000

(To record the amount of cash paid to merchandise suppliers during 2018)

5 0

4 years ago

Suppose a large apartment complex is infested with cockroaches that have never been exposed to glucose-baited poison. a new tena

lord [1]

The success of the glucose-averse cockroaches in their new environment depends on the future use of glucose-baited poison in the apartment. If glucose-baited poison is not used, it is likely that the resident cockroaches will outcompete the new cockroaches, as the resident cockroaches will not exclude glucose-containing foods from their diet. However, the use of glucose-containing poison in the apartment will provide the new cockroaches a distinct selective advantage, as they will survive to reproduce, whereas the majority of the resident cockroaches will die.

7 0

3 years ago

(LC)What is any specific instance of media whose goal is to influence its audience, and does so by selectively including informa

nexus9112 [7]

Answer:

Propaganda

Explanation:

Based on the information provided within the question it can be said that the term being mentioned is called Propaganda. This is information spread by the media in order to further their agenda or viewpoint. It is done so by pushing their position and presenting various carefully selected information to support their stance. This information may or may not be factual.

5 0

4 years ago

The petty cash fund of the Brooks Agency is established at $150. At the end of the current period, the fund contained $28 and ha

Digiron [165]

Answer:

(a) Debit Petty cash account for $150; and Credit Bank for $150.

(b) Debit Petty cash account for $122; and Credit Bank for $122.

The correct options are:

a. Fund amount is being reduced.

c. Fund is being eliminated.

Explanation:

(a) Prepare journal entries to record establishment of the fund.

The journal entry will look as follows:

Details Debit ($) Credit ($)

Petty cash account 150

Bank 150

(To record petty cash fund establishment.)

(b) Prepare journal entries to record reimbursement of the fund at the end of the current period.

Since the fund contained $28 at the end of the current period, we have:

Amount to reimburse = entertainment + postage + printing = $70 + $30 + $22 = $122

The journal entry will now look as follows:

Details Debit ($) Credit ($)

Petty cash account 122

Bank 122

(To record petty cash fund reimbursement.)

c. Identify the two events from the following that cause a Petty Cash account to be credited in a journal entry.

The correct options are:

a. Fund amount is being reduced.

c. Fund is being eliminated.

This is because they both in indicate outflows from the petty cash fund.

5 0

3 years ago

Equipment cost $67,200 and is expected to be useful for 8 years and have no salvage value. unde the straight line method, monthl

OleMash [197]

The monthly depreciation will be $8000.

In accountancy, depreciation refers to two components of the equal idea: first, the real lower of fair fee of an asset, which include the lower in value of manufacturing unit gadget each year as it's far used .

Depreciation is used on a profits declaration for almost every enterprise. it is indexed as a cost, and so should be used every time an object is calculated for year-end tax purposes or to determine the validity of the item for liquidation purposes.

Annual depreciation is not taken into consideration as an asset because assets constitute something in order to produce financial cost to the organization during the last. And accumulated depreciation does now not produce the enterprise's financial fee as amassed depreciation itself shows the credit score stability.

Annual depreciation as per straight line method = ( 104,000 - $8,000) /10

Annual depreciation as per straight - line method = $96,000/10

Annual depreciation as per straight line method = $9600

∴ monthly depreciation as per straight line = $96000 * 1/12

= $8000

Learn more about depreciation here:-brainly.com/question/1203926

#SPJ4

8 0

1 year ago