1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kicyunya [14]
3 years ago
8

Given the following list of accounts with normal balances, what are the trial balance totals of the debits and credits?

Business
1 answer:
Alexeev081 [22]3 years ago
7 0

Please see attached image to see the given data.

 

The trial balance totals of the debits and credits are $2,250 debit, $2,250 credit.

 

<span>$1000 (cash) + $500 (Equipment) + $750 (Salaries Expense) = $2,250 Debit

$350 (Accounts Payable) + $900 (Capital) + $1000 (Service Fees) = $2,250 Credit</span>

You might be interested in
When Teresa went into the furniture store to buy a new sleeper sofa, she thought the prices quoted by the salesperson were too h
Gnom [1K]

Answer:

c. flexible-price

Explanation:

A flexible pricing policy provides room for the business and the customer to negotiate for the final price of a product.  In other words, the price indicated on the item is not fixed.  The seller and buyer can agree to alter it either upwards or downwards.

A flexible pricing strategy enables a business to adjust its prices to suit the market demand. It will allow a company to counter low prices by competitors in cases of price wars. In some instances, businesses set slightly high prices to provide for negotiations.  Flexible pricing is common, especially in tailor-made products.

6 0
3 years ago
Which product would be considered part of the business-to-business market?
JulijaS [17]

The product that would be considered part of the business-to-business market is the <u>b) Lumber needed to make furniture</u>.

<h3>What is a business-to-business market?</h3>

A business-to-business market describes a process whereby goods or services are exchanged for the production of other goods or services.

In this market, the buying organization is not the final consumer but a producer of goods from the purchased inputs.

<h3>Question Completion with Answer Options:</h3>

a) Classes at a university for a college freshman

b) Lumber needed to make furniture

c) A haircut from a salon

d) Appliances needed for your home

Thus, the product that would be considered part of the business-to-business market is the <u>b) Lumber needed to make furniture</u>.

Learn more about the business-to-business market at brainly.com/question/25492268

#SPJ1

6 0
1 year ago
Daniel, age 38, is single and has the following income and expenses in 2020:
sergejj [24]

Answer:

A. $90,800

B. $87,575

Explanation:

Calculation to determine Daniel's gross income and his AGI

A. Calculation for the Gross income using this formula

Gross income=Salary income + Net rent income + Dividend income

Let plug in the formula

Gross income= $87,000 + 2,500 + 1,300

Gross income=$90,800

Therefore her Gross income is $90,800

B. Calculation to determine the AGI using this formula

AGI=Gross income - (Contribution to traditional IRA + Loss on sale of real estate)

Let plug in the formula

AGI= $90,800 - ($2,400 + $825)

AGI=$90,800-$3,225

AGI=$87,575

Therefore her AGI is $87,575

8 0
2 years ago
Rachel's health insurance plan requires that all tests and specialist visits be approved by her doctor. Rachel, most likely, has
lukranit [14]
The answer is b hope this helps 


3 0
3 years ago
Read 2 more answers
Why do many economists believe that the best time to start a new business is toward the end of a recession?
Serga [27]

A recession is a time in an economy whereby trade and industrial activities is low.Economists believe that towards the end of this period is the best to start a business due to the following reasons: at this time things are more affordable as there is low circulation of money in the economy. Low-interest rates on loans thus credit is cheaper. Additionally, there will be less competition as the money is in the hands of few people during this time. Finally, many people want to save money and thus clients will be on the lookout for more affordable alternatives.

3 0
3 years ago
Other questions:
  • The formula Nequalspplus0.02p models the new​ population, N, of a town with current population p if the town is expecting popula
    11·1 answer
  • Presented below is the stockholders' equity section of Oaks Corporation at December 31, 2015:
    14·1 answer
  • Which response might be an answer to a fundamental question of economics of how much should be produced ?
    11·1 answer
  • This was not a "true" operating system, but rather an operating environment.
    11·1 answer
  • Alfredo has two offers for his grocery shop. The first offer is a cash payment of $60,000, and the second is a down payment of $
    7·1 answer
  • A movie theater finds that when it prices tickets at ​$9​, the theater sells 250 per day. When the price is reduced to ​$8​, the
    7·1 answer
  • Apple has a Beta of 1.25. Assume that the risk-free rate of interest is 3% and that you expect the stock market will return 8% o
    11·1 answer
  • Imagine you live in a society with progressive taxation. Your friend makes half of your salary and pays 20 percent in income tax
    7·2 answers
  • Demand-pull inflation occurs when
    5·2 answers
  • That is it called when you give up something to have<br> something else
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!