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3 years ago

When entering traffic, you should activate your turn signal after

1 answer:

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Check traffic around you (rear, sides and front). Look for a gap of 4 to 5 seconds intraffic. Activate your turn signal (do this at least 100 feet before you make the lane change). Check your mirrors (rear-view then your side mirrors).

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Sally Beauty Warehouse uses the perpetual inventory system to account for its merchandise. On Nov 2, it sold $700 of merchandise

Nutka1998 [239]

Answer:

1) Debit sales discounts $14

2) Debit cash $686

3) Credit accounts receivables $700

Explanation:

nov-02 sold 700

terms 2/15 n 30

700

Discount 2%

Net payment 686

Db Cash_____________686

Db Sales discount_______14

Cr Account receivable_______700

7 0

3 years ago

Read 2 more answers

Assume there are 100 suppliers of widgets in the widget market. Half of these suppliers supply 35 widgets to the market each, a

Bess [88]

Answer:

Total widgets supplied in the market will be 4000

So option (d) will be correct answer

Explanation:

We have given total number of suppliers = 100

It is given that half of the suppliers supply 35 widgets

So 50 supplier supply 35 widgets each

So total number widgets supplied by 50 supplier = 50×35 = 1750

A quarter, that is 25 supplier supply 40 widgets

So widgets supplied by 25 supplier = 25×40 = 1000

And other quarter, that is 25 supplier supply 50 widgets each

So widgets supplied by 25 supplier = 25×50 = 1250

So total widgets supplied in the market will be = 1750+1000+1250 = 4000

So option (d) will be correct answer

5 0

3 years ago

Cardinal Industries purchased a generator that cost $11,000. It has an estimated life of five years and a residual value of $1,0

gogolik [260]

Answer:

2080 dollars

Explanation:

Given that Cardinal Industries purchased a generator that cost $11,000

cost of generator = 11000

Estimated life = 5 years

Residual value =1000

Hours =5000

Depreciation per unit hour = (Cost - residual value)/total lifetime hours

= $\frac{11000-1000}{5000} \\=2$

For first year the generator was used for 1,040 hours.

Hence depreciation to be charged in I year

= $1040(2)\\=2080$

answer is 2080 dollars.

3 0

3 years ago

"identify each of the principles underlying aicpa auditing standards in the first column by selecting the letters corresponding

adoni [48]

Explanation:

Ray, the owner of a small corporation, ordered CPA Holmes to perform a record audit. Ray told Holmes that a loan application should include a prompt analysis of the audited financial statements of a bank. Holmes acknowledged the agreement unanimously and decided that an auditor's report should be given within 3 weeks. If the loan was granted, Ray accepted to pay Holmes a fixed fee plus a bonus.

Two accountant graduates were employed by Holmes to perform the audit and spent several hours saying exactly what to do. Holmes told the students to concentrate instead on providing accurate statistical facts in the documents and summing up a date that confirms Ray's financial statements that do not include footnotes, instead of testing the controls.

Holmes checked the documents and produced a report of the auditor without qualification. The article applies neither to the GAAPs nor to their consistent application.

5 0

3 years ago

For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold, and th

ziro4ka [17]

Answer:

1. Property taxes, factory - Fixed - Manufacturing indirect cost

2. Boxes used for packaging detergent produced by the company - Variable - Manufacturing direct cost

3. Salespersons' commissions - Variable - Selling cost

4. Supervisor's salary factory - Fixed - Manufacturing indirect cost

5. Depreciation executive autos - Fixed - Administrative Cost

6. Wages of workers assembling computers - Variable - Manufacturing direct cost

7. Insurance, finished goods warehouses - Fixed - Selling cost

8. Lubricants for production equipment - Variable - Manufacturing indirect cost

9. Advertising costs - Fixed - Selling cost

10. Microchips used in producing calculators - Variable - Manufacturing direct cost

11. Shipping costs on merchandise sold - Variable - Selling cost

12. Magazine subscriptions, factory lunchroom - Fixed - Manufacturing indirect cost

13. Thread in a garment factory - Variable - Manufacturing indirect cost

14. Executive life insurance - Fixed - Administrative Cost

15. Ink used in textbook production - Variable - Manufacturing indirect cost

16. Fringe benefits, materials handling workers - Variable - Manufacturing indirect cost

17. Yarn used in sweater production - Variable - Manufacturing direct cost

18. Wages of receptionist, executive offices - Fixed - Administrative Cost

7 0

3 years ago