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2 years ago

Extra (unbudgeted) income left at the end of the month should be

1 answer:

5 0

Extra (unbudgeted) income left at the end of the month should be A) Saved for emergencies. Saving your extra money that you have not spent should be placed in a savings account and can help you later on in the future and provide for emergency funds if needed.

The answer is: A

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WILL MARK BRAINLIEST QUIZ ENDS AT 9:40am TODAY!!!

pogonyaev

Visualization. Bring d ull academic concepts to life with visual and practical learning experiences, helping your students to understand how their schooling applies in the real-world

3 0

2 years ago

MATCH THE ITEMS IN THE FOLLOWING TWO LIST BY MATCHING THE LETTER OF THE INFORMATION QUALITY THE BEST DESCRIBES THE INFORMATION Q

Andrew [12]

Answer:

Explanation:

a. Timeliness - Garth Company has been recording shipments of goods that were not ordered by their customers.

b. Accuracy - Clerks at Fairmont Corp. enter customer orders into PCs connected to the accounting system. The clerks are supposed to enter a code into a field to indicate if the order was mailed, faxed, or phoned in. But they do not always enter this code. Consequently, data on the recorded orders regarding the type of order is not reliable.

c. Validity - Shipments at Lasting, Inc. are entered into PCs in the shipping department office. The paperwork often gets lost between the shipping dock and the office, and some shipments do not get entered.

d. Relevance - At Belmont, Inc., warehouse personnel write the picked quantity on the picking ticket as the goods are picked from the shelf. These clerks are not very careful, and the recorded picked quantities are often wrong.

e. Completeness - Caroline in the shipping department has been given the job of monitoring shipments to make sure that they are shipped in a timely manner. To do this, she uses a monthly report of items ordered but not shipped in the past month.

6 0

3 years ago

In presidential elections, voters often find that they do not agree with any single candidate in all issues that matter to them

Angelina_Jolie [31]

In presidential elections, voters often find that they do not agree with any single candidate in all issues that matter to them this is known as limited and bundled choice problem.

Option d

<u>Explanation:</u>

In presidential elections, the voter has to select the candidate who is going to have the power of selecting the public services and goods that has to be financed by the tax money given by the voters.

The limited and bundled choice issue reduces the economic efficiency as a politician selects the programs with either positive or negative net benefits. The choices are bundled in that the limited set of candidates would govern over a multiple issues, and the preferences of the voters may not be perfectly aligned with any candidate.

8 0

3 years ago

Grizzly Company had Retained Earnings at December 31, 2018 of $300,000. During 2019, the company had revenucs of $600,000 and ex

scZoUnD [109]

Answer:

b. $358,500

Explanation:

Given;

Retained Earnings at December 31, 2018 = $300,000

In 2019,

Revenue = $600,000

Expenses = $525,000

Declared and paid dividends = $16,500

Retained earnings on the balance sheet as of December 31, 2019

= $300,000 + $600,000 - $525,000 - $16,500

= $358,500

The right option is b. $358,500

3 0

3 years ago

Chow Publications Inc. is a publicly traded media company focused on products for the home chef market. The company publishes a

DochEvi [55]

Answer:

A. $575,415.67

Dr Cash $575,415.67

Cr Revenue from sales $575,415.67

Explanation:

Chow Publications Inc

Revenue recognition it stated that a five step model is been developed to help recognized the revenue from sale of goods and service to customer which is why revenue should be recognized by

1. Identify the contract with customer in which both the seller and buyer are agreed for the contract and must know their rights and obligation in the contracts.

2. Obligation of performance in contract : In above contract the seller know that he has to deliver the content of magazine and the buyer as well know the price for such goods.

The $ 115,000 subscription received are:

$80,500 for paper form and $34500 for digital form and $25,000 copied are been sold out at news stands.

3. Determine the transaction price in which $50 is for the paper copy and $40 is for the digital copy and $ 5 is for copy which is sold at news Stands.

4. Allocation of transaction price to performance obligation will be by calculating the revenue from the transaction and by applying the rate of performance obligation which is why the Total revenue was $ 575,416.67.

5. Recognizing the revenue in the books occured in a situation where the risk and rewards which relate to the ownership of the goods has been passed which led to the customer been satisfied which inturn means that there is no uncertainty regarding the creation of performance obligation on buyer.

Chow Publications Inc

Total Revenue

Online subscription

Paper form $335,415.67

Online form $115,000.00

$450,415.67

Add Copy at News Stand $125,000

Total $575,415.67

B. Journal entry

Dr Cash $575,415.67

Cr Revenue from sales $575,415.67

Monthly share in Annual Revenue

Annual rate Monthly rate

Paper form $50 4.17

Digital rate $40 3.33

Distribution of subscription total received $115,000

Paper rate 70% ×$115,000

= $80,500

Digital rate 30% ×115,000

= $34,500

4 0

2 years ago