1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Morgarella [4.7K]
3 years ago
7

The Josey Company purchased equipment for $21,000 on October 1. It is estimated that annual depreciation on the computer will be

$7,000. If financial statements are to be prepared on December 31, the company should make the following adjusting entry:______________
A) debit Depreciation Expense, $7,000; credit Accumulated Depreciation, $7,000.
B) debit Depreciation Expense, $1,750; credit Accumulated Depreciation, $1,750.
C) debit Depreciation Expense, $14,000; credit Accumulated Depreciation, $14,000.
D) debit Equipment, $1,750; credit Accumulated Depreciation, $1,750.
Business
1 answer:
zimovet [89]3 years ago
4 0

Answer:

b

Explanation:

You might be interested in
Andalus Furniture Company has two manufacturing plants, one at Aynor and another at Spartanburg. The cost in dollars of producin
Bad White [126]

Answer:

9 in Aynor and 31 in Spartanburg

Explanation:

we need to build the following:

    A              B           C

           units    COST

Aynor          9           =93 + 80*B2 + POWER(B2;2)*7

Spartanburg 31           =147 + 20*B2 + POWER(B2;2)*3

             =b2 + b3   = c2 + c3

We stablish that we want to minimize c3

changing cell b2 and b3

with the restriction that must be integer solution and b4 should equal 40

5 0
3 years ago
A company determined that the budgeted cost of producing a product is $30 per unit. On June 1, there were 80,000 units on hand,
Alla [95]

Answer:

$10,200,000.

Explanation:

End inventory + Sales - Begin inventory = # of units that need to be produced

# of units that need to be produced @  $30 per = Your answer

4 0
3 years ago
"Which of the following are covered under the Securities Exchange Act of 1934? I Registration of new issues II Stabilization of
OleMash [197]

Answer: II. stabilization of new issues

III. registration of exchanges

IV. registration of broker-dealers

Explanation:

The Securities Exchange Act of 1934 was put in place in order to be in charge of security trading.

From the options, those that are covered under the Securities Exchange Act of 1934 include the stabilization of new issues, the registration of exchanges and the registration of broker/dealers.

It should be noted that the Securities Exchange Act of 1934 does not cover the registration of new issues.

6 0
3 years ago
Spotlight Movies has conducted market research about to where to open their next theater. They want to stay focused on their mis
marshall27 [118]

Answer:

The correct answer is the option C: broad needs, many customers.

Explanation:

To begin with, in ''Porter's strategic positioning alternatives'' the strategy of serving broad needs to many customers in a narrow market refers to the position of assuming that the needs of the target audience are similar among them but the correct way to reach to them is different and therefore that this position requires to state well worked framework of the position and capacities of the companies and the ones of the competitors as well.

4 0
3 years ago
Read 2 more answers
At March 1,2020, Candy inc. Had supplies on hand of $500. During the month Candy purchased supplies of $1200 and used supplies o
solong [7]

Answer: The March 31 adjusting journal entry shoud include $1200

Explanation: Given that the

Supplies on hand = $500

Candy purchased supplies of $1200 and used supplies of $500

The unused supplies will be:

1200 - 500 = 700 dollars

The March 31 adjusting journal entry shoud include the addition of the supplies on hand and the unused supplies. That is,

500 + 700 = 1200 dollars

8 0
3 years ago
Other questions:
  • Why have many nations chosen to use taxpayer dollars to subsidize primary, secondary, and higher education
    6·1 answer
  • Which one of the following reports helps track past due bills and bills that are due shortly? Multiple Choice Accounts Payable A
    8·1 answer
  • Randomly listed below are the steps for preparing a trial balance: (1) Verify that the total of the Debit column equals the tota
    13·1 answer
  • Employers must send the
    10·1 answer
  • There are two machines for sale that you are considering purchasing for your sawmill to produce hardwood flooring. You want to f
    6·1 answer
  • A major reason for studying Economics is to gain an understanding of how a nation can best choose to use its ___________ and how
    5·1 answer
  • Assume the following: The variable portion of the predetermined overhead rate is $3.00 per direct labor-hour. The standard labor
    9·1 answer
  • Explain where each of the following items would appear on a multiple-step income statement.
    15·1 answer
  • 3. ¿cual es la factorización prima del 38​
    13·1 answer
  • Which method would interest groups most likely use to help shape public policy? enacting regulations to enforce their goals hiri
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!