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Flura [38]
3 years ago
6

The journal entry to close income summary when there is a net income is (a) debit sales; credit income summary. (b) debit owner'

s capital; credit income summary. (a) debit owner's capital; credit sales. (d) debit income summary; credit owner's capital.
Business
1 answer:
Alecsey [184]3 years ago
4 0
I think it is A or B.
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At a price of $60 per bathing suit, what is the quantity demanded of bathing suits?
timofeeve [1]

Answer:

Explanation:

I think your question is missed of key information, allow me to attach the photo question below.

The quantity demanded is 30 units when the price is 60, we use the reconciliation method on the demand line.

3 0
3 years ago
Apr. 2 Purchased merchandise from Lyon Company under the following terms: $4,600 price, invoice dated April 2, credit terms of 2
ehidna [41]

Answer:

April 2

Inventory 4,600 debit

Account Payable 4,600 credit

April 3

freight-in 300 debit

cash 300 credit

April 4

account payable 600debit

Inventory 600credit

April 17

Account Payable 4,000debit (4,600 - 600)

Discount 80debit (4000 * 2%)

Cash 3,820credit

April 18

Inventory 8,500 debit

Account Payable 8,500 credit

April 21

Account Payable 1,100debit

Allowance Inventory 1,100

April 28

Account Payable 7400debit (8,500 - 1,100)

Discount 148debit (7400 * 2%)

Cash 7252credit

5 0
3 years ago
How U.S industries will be affected by lifting the embargo?
maria [59]

U.S. President Donald Trump checked one more item on his “To Undo” list of Obama administration actions last Friday when he reset the U.S. policy on Cuba. While the new policy restricts individual tourist travel and business investment in more than half of Cuban industry, it retains many smaller features like permitting family-related travel and professional/academic visits to the country. Among the immediate casualties will be a burgeoning tourism and hospitality industry that sprung up in Cuba after Barack Obama’s friendly overtures began two years ago.

Explanation:

4 0
3 years ago
how should trash and recyclables be stored food in an area only accessible to employees in a well ventilated space in a manner t
strojnjashka [21]

Trash and recyclables should be stored in the following ways:

  • double bagged and stacked.
  • in a well ventilated space.

<h3>What is pollution?</h3>

Pollution can be defined as the physical degradation, destruction or contamination of the environment, especially through littering of waste products (garbage) or an emission of hazardous, poisonous, and toxic chemical compounds by various factories and industries.

<h3>What is recycling?</h3>

Recycling can be defined as a waste (trash) management technique that involves the process of converting a raw material that has reached the end of its life cycle into new and reusable items.

According to the Environmental Protection Agency (EPA), trash and recyclables should be properly stored through methods that are friendly and unharmful to the ecosystem.

In this context, we can reasonably infer and logically deduce that trash and recyclables should be stored in the following ways:

  • double bagged and stacked.
  • in a well ventilated space.

Read more on trash and recyclables here: brainly.com/question/24588352

#SPJ1

Complete Question:

How should trash and recyclables be stored?

inaccessible to pests

double bagged and stacked

in a well ventilated space

in an area only accessible to employees

8 0
2 years ago
Which of the following illustrates one of the steps in the self-fulfilling prophecy process when a supervisor forms a high?a. An
tino4ka555 [31]

Answer: The correct answer is "c. A supervisor forms certain expectations of the employee.".

Explanation: The statement "A supervisor forms certain expectations of the employee." illustrates one of the steps in the self-fulfilling prophecy proccess because the beginning of the prophecy is when the supervisor generates expectations about how the future employee will work, these are often inaccurate because they are carried out with limited information.

7 0
3 years ago
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