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Galina-37 [17]
3 years ago
7

After preparing the firm's trial balance, cole's accounting staff notices that the total of the debit column is $52,500, while t

he total of the credit column is $40,900. what does this finding suggest?
Business
1 answer:
Len [333]3 years ago
7 0
<span>In this case the total of debit column is more than that of credit column. It can be because of two situations. One situation is that the expenses are recorded twice or more in the books in the account due to which the debit side is coming more than the credit side. Or other way around, the income has been recorded less than what needs to be actually recorded.Hence there is an accounting error committed in this scenario.</span>
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A shoe company will make a new type of shoe. The fixed cost for the production will be $24,000. The variable cost will be $31 pe
AlladinOne [14]

Answer:

Break-even point in units= 348

Explanation:

Giving the following information:

The fixed cost for the production will be $24,000. The variable cost will be $31 per pair of shoes. The shoes will sell for $100 for each pair.

<u>To calculate the break-even point in units, we need to use the following formula:</u>

<u></u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 24,000 / (100 - 31)

Break-even point in units= 347.82 = 348

8 0
3 years ago
Keyboarding or typing 100 words per minute can be thought of as a?
Mrrafil [7]

Answer:

Professional career typists

Explanation:

People that can type fast usually use a type of keyboarding known as touch typing. Basically the person typing knows the location of each key by muscle memory.  This increases the speed of typing. But only professional career typists are the ones that can type or exceed 100 words per minute.

4 0
3 years ago
Read 2 more answers
A residential property is greatly diminished in value because of the constant noise of jets taking off from a recently expanded
djverab [1.8K]

Answer:

A residential property is greatly diminished in value because of the constant noise of jets taking off from a recently expanded municipal airport. In order to be compensated for this loss, the owner could:

B.bring a suit alleging inverse condemnation

Explanation:

A law suit is a claim or legal problem taken to a court of law by an individual or organization rather than the authorities for a legal decision to be made. In the case above, the residential property diminished in value after constant noise of jets taking off from a recently expanded municipal airport. The loss in value is as a result of the recently expanded municipal airport and the property owner wants to be compensated for this loss.

In law, there are different terminologies and phrases that have specific meaning, some of them are as follows;

1. Inverse condemnation

Inverse condemnation is a case where a government entity takes private property or influences the value of that private property in one way or another then fails to compensate. In our case, this law suit can apply since the municipal airport is under the jurisdiction of the government and there action of expanding the airport caused a decline in value of neighboring residential property thus they should compensate the owner for this loss. The owner can bring a suit alleging inverse compensation.

3 0
3 years ago
A company has three product lines, one of which reflects the following results: Sales $ 215,000 Variable expenses 125,000 Contri
oksano4ka [1.4K]

Answer: option C

Explanation: THIS CAN BE REPRESENTED AS FOLLOWS :-

If we eliminate the product there would be no sales, no variable expenses and therefore, no contribution.

  sales                    = nil

-variable expenses= <u>nil</u>

contribution              = nil

- fixed expenses      = <u>56,000</u>

NET LOSS              = <u> (56000)</u>

.

NOTE :-

Fixed expense = (140,000)*(40%)= 56,000

.

.

Thus increase in loss would be 56000- 50,000=6000

6 0
3 years ago
How do i color clay without food coloring or paint
mafiozo [28]

Answer:

So to ur teacher and say ind out ur sel

Explanation:

6 0
3 years ago
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