C. A tariff
Tariffs are taxes imposed on imported foreign goods and are designed to encourage people to buy domestic products
Answer: $750,000
Explanation:
Net Income
Sales Revenue 2,000,000
Interest/ Dividend Revenue <u> 50,000</u>
2,050,000
Cost of Goods sold (1,000,000)
Selling and Admin expenses (200,000)
Loss on Discontinued <u> (100,000)</u>
Net Income $750,000
Maintaining quality involves producing what the customer wants while reducing errors before and after delivery to the customer.
Answer:
See below
Explanation:
Pyle Garage
Bank Reconciliation statement
March 31,
Unadjusted Bank balance
$14,107
March 31,
Add: Deposit in transit
$3,601
Less: Outstanding checks #1,469
($1,557)
Outstanding checks #1,470
($803)
True cash balance March 31, 2018
$15,348
Unadjusted Book balance, March 31
$13,036
Add: Credit memo for collection of
$3,110
Accounts receivables
Less: Error in recording check #1,468
[$890 - $165]
($725)
Debit memo for service charges
($73)
True cash balance March 31,
$15,348
B. Account titles
Cash Dr $3,110
Accounts receivables Cr. $3,110
Equipment Dr $725
Cash. Cr. $725
Bank service charge expense Dr $73
Cash. Cr. $73