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3 years ago

Presented below is information related to Windsor Company.

Business

1 answer:

zysi [14]3 years ago

7 0

Answer:

Date Account Titles Debit Credit

Oct 1 Cash $16,800

Common Stock $16,800

Oct 2 No journal entry - -

Oct 3 Office Furniture $2,500

Accounts Payable $2,500

Oct 6. Accounts Receivable $3, 400

Service Revenue $3,400

Oct 27 Accounts Payable $1,100

Cash $1,100

Oct 30 Salaries Expense $2,650

Cash $2,650

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Over the first four years of the company's life, the company earned the following net income (loss): S $3,000; $6,000, and ($2,0

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Answer:

The answer is D.

Explanation:

Total earnings in 4 years

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3 years ago

Suppose that a large lake in the middle of Minnesota evaporates, leaving more fertile farm land for growing corn available. Assu

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Wages would fall as the number of workers available grows. Landowners in Louisiana will earn more rent as the demand for land increases.

<h3>What is the law of demand and supply?</h3>

The law of supply and demand is still in effect:

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When the quantity required increases without the quantity supplied increasing, the price rises.

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2 years ago

Janet bought flour and used it to bake bread she ate. ABC Bakery bought flour which it used to bake bread that customers purchas

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Answer:

Explanation:

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3 years ago

North Company has completed all of its operating budgets.The sales budget for the year shows 50,600 units and total sales of $2,

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Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The sales budget for the year shows 50,600 units and total sales of $2,317,800.

The total unit cost of making one unit of sales is $22.

Selling and administrative expenses are expected to be $304,000.

Income taxes are estimated to be $270,180.

Income statement:

Sales= 2,317,800

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Gross profit= 1,204,600

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Tax= (270,180)

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3 years ago

The supply of seats for a psychology class at 10 a.m. is the same as the supply of seats for the same class at 2pm LO5 MO1 There

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Answer:

The demand for 10 a.m. class is higher than the demand for the 2 p.m. class.

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Other things being constant this implies that more students are attending the 10 a.m class than the 2 p.m. class. This shows that the demand for the 10 a.m class is comparatively higher than the demand for the 2 p.m. class.

This causes a surplus of seats at 2 p.m and shortage of seats at 10 a.m.

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