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3 years ago

What does the amount of the reward for john wilkes booth say about his criminal act?

1 answer:

7 0

the amount of the reward for john wilkes booth say about his criminal act is: It says a $100,000 reward for the murderer of our president.
john Wilkes was an English Radical journalist and politician. He earned his bounty by killing Abaraham Lincoln when he is watching a show at the Ford's theatre in Washington D.C

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Which change within the federal government results from the census that is taken every ten years?

andrezito [222]

Some states lose or gain members in the House of Representatives.

8 0

4 years ago

. A purchase of supplies for $500 on account was recorded and posted as a debit to Supplies for $200 and as a credit to Accounts

NISA [10]

Answer: Debit to supplies $300; Debit to Accounts Receivable $200; Credit to cash or accounts payable $500

Explanation: Supplies are inventories of an organisation. Tgey are components of current assets and have a debit balance.

When supplies are purchased, current assets are to be debited to increase the asset.

Depending on the means of purchase either cash or on credit. The credit entry will be passed according. If cash was paid for the supplies, cash is a current asset hence it is credited with the actual amount paid for the supplies inorder to reduce it.

However, if the supplies were bought on credit, accounts payables will be credited. Accounts payables is a liability account that has a credit balance. As such, to increase your liability, you credit it.

5 0

3 years ago

A highly ethical organization must have all the following elements except Multiple Choice corporate credos. role models. payment

givi [52]

Answer:

The correct answer is letter "C": payment plans.

Explanation:

Highly ethical organizations are those with a well-established Code of Ethics that comprises its corporate credos and values. Within a company, the idea of having "heroes" also helps to spread good practices since they are taken as role models so other employees tend to follow their example. Managers must be aware of the ethical behavior of employees to correct or eliminate any existing threat.

Thus, having different payment plans are not considered in the setting of a corporation's Code of Ethics.

7 0

3 years ago

Miller's department store is having a sale with a 25% discount on mattresses. if the sales tax rate is 8%, how much change will

Scorpion4ik [409]

895 * 0.75 * 1.08 = 724.95$

800 - 724.95 =

75.05$

6 0

3 years ago

FIFO and LIFO costs under perpetual inventory system The following units of an item were available for sale during the year: Beg

klemol [59]

Answer:

a. Ending inventory under FIFO = $1,071,000

b. Ending inventory value under LIFO = $1,036,500

Explanation:

The data are merged together in the question and they are first separated before the questions are answered as follows:

Beginning inventory: 8,400 units at $200

Sale: 5,500 units at $300

First purchase: 14,500 units at $205

Sale: 13,400 units at $300

Second purchase: 15,500 units at $210

Sale: 14,400 units at $300

Number units available for sale = 8,400 + 14,500 + 15,500 = 38,400 units

Number of units sold = 5,500 + 13,400 + 14,400 = 33,300 units

a. What is the total cost of the ending inventory according to FIFO? Round your answer to the nearest dollar. $ 3,255,000 X

Since second purchase is 15,500 units and last sales is 14,400, the 5,100 closing stock must be from the last purchases. Therefore we have:

Ending inventory under FIFO = 5,100 * $210 = $1,071,000

b. What is the total cost of the ending inventory according to LIFO?

Beginning inventory balance after first sale = 8,400 - 5,500 = 2,900

Second sale distribution = 100% from first purchase = 13,400

First Purchase balance = 14,500 - 13,400 = 1,100

Third sale distribution = 100% from second purchase = 14,400

Second Purchase balance = 15,500 - 14,400 = 1,100

Ending inventory value under LIFO = (2,900 * $200) + (1,100 * $205) + (1,100 * $210) = $1,036,500

4 0

4 years ago