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kipiarov [429]
3 years ago
12

The Pet Store experienced the following events for the Year 1 accounting period:________.

Business
1 answer:
pogonyaev3 years ago
6 0

Answer:

I used an excel spreadsheet since there is not enough room here

Explanation:

         

Download pdf
You might be interested in
The Northern Division of Southwest Clothing Inc. forecasts (has budgeted) the following income statement for the upcoming year:
Alex

Answer:

Operating loss will decrease by $20,000

Explanation:

Operating loss from normal business activities and if the division is not shut down = $150,000.

Operating loss if division is shut down by the management = $130,000 ($480,000 - $350,000) because the management has determined that $350,000 of the $480,000 Fixed Costs shown would be eliminated if that happens.

So, if the Northern Division is shutdown, the Operating loss will decrease by $20,000 (From $150,000 to $130,000)

5 0
3 years ago
Gaulle Company began the year with a balance of $6,000 in Accounts Receivable and ended the year with $9,000 in the account. Rev
Mkey [24]

Answer:

$35,000

Explanation:

Data provided in the question:

Accounts Receivable at the start of the year = $6,000

Accounts Receivable at the end of the year = $9,000

Revenues for the period = $38,000

Now,

cash collected from the customers

= Beginning balance + Revenue for the year - Ending balance of account receivable

= $6,000 + $38,000 - $9,000

= $35,000

8 0
3 years ago
Suppose a consumer has an income of $16, the price of a is $2, and the price of b is $1. which combination is on the consumer's
Crazy boy [7]

The combination is on the consumer's budget line. is Option B. 5A and 6B.

The budget line is a graphical delineation of all possible mixtures of the 2 commodities that can be bought with provided profits and price in order that the charge of each of these combos is equal to the financial income of the patron.

In economics, a budget line constraint represents all of the mixtures of products and services that a customer may also buy given modern-day expenses within his or her given earnings. consumer idea makes use of the principles of a budget constraint and a desire map as equipment to observe the parameters of purchaser choices.

A consumer has an income  = of $16

A = $2

B = $1

The sum of the total will be less than $16

Hence. option B  5A and 6B.

Learn more about the budget line here:-brainly.com/question/14524034

#SPJ4

Disclaimer: your question is incomplete, please see below for the complete question.

A. 6A and 5B

B. 5A and 6B.

C. 5A and 5B

D. 4A and 6 B

5 0
2 years ago
Which of the statements below concerning a sole proprietorship is true?
dybincka [34]

Answer:

The answer is: D) It is easy to create a sole proprietorship.

Explanation:

One of the main characteristic of a sole proprietorship is the flexibility of setting it up or closing it.

Since a sole proprietorship is the most basic type of business, it is easy to create and probably the most common type of business in the whole world. For example an accountant or a lawyer setting up an office, or even a housewife selling handicrafts through Ebay.  

5 0
3 years ago
This marketing strategy involves marketing products that are similar to ones already on the market and are in-line with cultural
kari74 [83]

Answer:

B, Cultural congruence

Explanation:

Cultural congruence is a kind of marketing technique/strategy in which a new product with similar characteristics as with the currently existing product is marketed. This technique of marketing helps to reduce resistance as consumers see the new product as the same as the existing product.

I hope this helps.

6 0
3 years ago
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