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nadya68 [22]
3 years ago
9

The second step in creating a budget is to determine your income. user: the second step in creating a budget is to determine you

r income. true or false? user: flexible expenses are expenses that do not vary in amount and that you have to pay regularly.
Business
2 answers:
ddd [48]3 years ago
6 0

Answer:

listing all of your expenses.

Maksim231197 [3]3 years ago
5 0
True you must determine all your income flexible expense. flexible expense are costs that are easily changed, reduced or eliminated
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Which of the following statements is false?
Lelechka [254]

Answer:

<em><u>Which of the following statements is false?</u></em><em><u>(</u></em><em><u>A</u></em><em><u>)</u></em>

Explanation:

<em><u>please click the heart and rate excellent and brainleist to </u></em><em><u>❤</u></em><em><u>☺️</u></em><em><u>♨️</u></em><em><u>☻</u></em><em><u>♨️</u></em><em><u>☺️</u></em><em><u>❤</u></em>

4 0
3 years ago
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Explain the concept of sales management by objectives (SMBO). Discuss how to monitor and control sales.
alexdok [17]

Answer:

im not sure

Explanation:

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5 0
3 years ago
During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to sharehol
gizmo_the_mogwai [7]

Answer:

Eastern Data Links Corporation

Journal entries

Step 1.

Issuance for Common stock at a premium in exchange for cash

Feb 12,

Dr. Cash account with $18,000,000

Cr. $1 Ordinary share Capital Account with $2,000,000

Cr. Ordinary share premium Account with $16,000,000

(Being $18million received for 2million shares valued at $1 and sold at a premium of $9)

Step 2.

Issuance for Common stock at a premium in settlement of a liability due

Feb 13,

Dr. Accounts Payable account with $360,000

Cr. $1 Ordinary share Capital Account with $40,000

Cr. Ordinary share premium Account with $320,000

(Being $360,000 legal expense liquidation in exchange of 40,000 shares valued at $1 and sold at a premium of $9)

5 0
3 years ago
The following lots of a particular commodity were available for sale during the year:Beginning inventory 10 units at $60First pu
zlopas [31]

Answer:

$3,585

Explanation:

The computation under the FIFO method is shown below:

The total purchase units equal to

= 10 units + 25 units + 30 units + 15 units

= 80 units

Out of 80 units, the 25 units are sold, so the remaining 55 units are come under the ending inventory. The classification is shown below:

10 units at $60 = $600

25 units at $65 = $1,625

20 units at $68 = $1,360

So, the total would be

= $600 + $1,625 + $1,360

= $3,585

3 0
3 years ago
At the end of business on September 1, the total displayed on the cash register tape shows $1,059 of cash sales for the day. How
IrinaVladis [17]

Answer:

Debit Cash for $1,050; Debit Cash over and short for $9; and Credit Sales for $1,059.

Explanation:

The journal entries will look as follows:

<u>Date            Account Title                         Debit ($)             Credit ($)   </u>

Sept 1          Cash                                           1,050

                   Cash over and short (w.1)               9

                   Sales                                                                      1,059

<em><u>                    To record cash over and short for the day.                            </u></em>

Working:

w.1:    Cash over and short = Cash recorded - Actual cash collected  = $1,059 - $1,050 = $9

8 0
3 years ago
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