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Evgen [1.6K]
3 years ago
11

hi im smartswimmer101 aka jaja1213 aka ok no more "akas" i have had a lot of accounts but anyway how is school going for all of

you? i start school monday for flvs i am very excited for it sooo yea if u wanna chat with me just add me on here and we can be friends have a great night/day :)
Business
1 answer:
nadya68 [22]3 years ago
8 0

Answer:

Thank you for sharing your thoughts on the homework assignments application

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Donna and Matthew share an office. Donna was balancing her checkbook when she was called
umka21 [38]

Answer:

yess

Explanation:

8 0
2 years ago
Read 2 more answers
A company records an adjusting journal entry to record $10,000 depreciation expense. Which of the following describes the entry?
Pavlova-9 [17]

Answer:

(B) Debit Depreciation expense and Credit Property Plant and Equipment

Explanation:

the depreciation is the accrued expense recognize for the effect on time on the firm's assets. There is no cash involve in a depreciation It is an accounting expense. So A and C cannot be coorect.

As the depreciation is an expense, it will be debited. not credited. so D is incorect as well.

The net income is a figure which resumes the expenses and revenues of the company. It is not an account thus, it can't be debited or credited. Making E incorrect as well.

8 0
3 years ago
Wilson is currently producing a component for one of its products. Wilson has received an offer to buy the component from an out
lorasvet [3.4K]

Answer:

Option B                                      

Explanation:

In simple words, avoidable costs refers to those expenditures which can be avoided by the management of the business if they want to as such expenditures are usually made for additional support.    

Irrelevant costs include factors which will not be impacted by a management action, whether positively or negatively. Consequently, unnecessary factors, such as static overhead as well as sunken factors, are overlooked in making the choice. Nonetheless, in addition to ultimately save the company it is important for a management to be able to discern an insignificant expense.

6 0
3 years ago
The most useful allocation basis for the departmental costs of an advertising campaign for a storewide sale is likely to be: Mul
azamat

Answer:

Proportion of sales of each department.

Explanation:

Advertising expense directly effects the sales of the business. As the campaign is made store-wide sales and it does not directly traceable to any specific department. It need proper basis for allocation of expenses. The proportion of sales of each department is the most suitable basis from all of the given options because the share of benefit from the campaign is received in the form of sale. A campaign might mostly effects the sales.

3 0
3 years ago
Leyton Lumber Company has sales of $12 million per year, all on credit terms calling for payment within 30 days, and its account
s2008m [1.1K]

<u>Solution and Explanation:</u>

The following formula is used in order to calculate the days sales outstanding:

Days sales out standing = ( Accounts receivable divided by Sales )  multiply with 365

= $1.5 million divided by $12 million multiply with 365

After calculating we get, 45.625 days

<u>In order to calculate the capital released, the following formula is used: </u>

Capital released $=$ Sales $*$ (DSO - Credit period) $/ 365$

=\$ 12 \text { million } *(45.625-30) / 365

= 513699

Therefore, the capital released is $513699

8 0
3 years ago
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