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4 years ago

5

How can you use spreadsheets both at home and at the office? describe the office business functions which can use electronic spr

eadsheets? which home management functions can use electronic spreadsheets?

1 answer:

shepuryov [24]4 years ago

3 0

You can use electronic spreadsheets<span> at home to make a calendar, in an office you can use it to graph the revenue the company is making.</span>

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A couple has two children. They live in Missouri and have a combined annual income of $96,730. The couple has a mortgage, a car

Mashutka [201]

I'm going to guess, but i would say the best answer would be B. They could file for Chapter 7 bankruptcy and discharge most of their debt.

6 0

3 years ago

How can the government promote industrial development in south africa?

quester [9]

Answer:

<em>The growth center concept has formed the cornerstone of industrial development policy in South Africa since apartheid was introduced as a constitutional model in 1948. This paper attempts to recapture the evolutionary development of industrial policy in South Africa and to underline prominent deficiencies in present industrial development policy. South African industrial policy continues the segregation practices of the past, despite the government's repeated statements in recent years that it intends to move away from the concept of apartheid. Guidelines for a revision in industrial development thinking based on sound economic principles rather than concealed political practices are suggested for the country.</em>

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3 years ago

Jefferson Cleaning signed an agreement with Willis Company on December 15 to provide cleaning services every Friday. The service

uysha [10]

Answer:

Debit Accounts Receivable, $225; credit Fees Earned, $225

Have a fantastic Day!

5 0

3 years ago

A note payable was executed by Sterling Inc. to Miami Finance Company. Sterling Inc. used $768,000 of its accounts receivable as

denpristay [2]

Answer:

See all the entries below.

Explanation:

a. Record the entry for Sterling to record the secured borrowing.

The entries will look as follows:

<u>Account Name Debit ($) Credit ($) </u>

Cash (768,000 * 85%) 652,800

Note Payable 652,800

<em><u>(To record the secured borrowing.) </u></em>

b. Record the entries for Sterling to record (1) the collections and (2) the payment to Miami for the first month.

The entries will look as follows:

<u>Account Name Debit ($) Credit ($) </u>

Cash 504,320

Refund Liability 20,480

Accounts Receivable 524,800

<u><em>(To record collection on receivables for first month.) </em></u>

Interest Expense 4,480

Note Payable 499,840

Cash 504,320

<u><em>(To record payment to Miami for the first month.) </em></u>

c. Record the entries for Sterling to record (1) the collections for the second month and (2) the final payment to Miami.

The entries will look as follows:

<u>Account Name Debit ($) Credit ($) </u>

Cash 238,080

Allowance for Doubtful Debt 5,120

Accounts Receivable (w.1) 243,200

<u><em>(To record collection on receivables for second month Interest.) </em></u>

Expense 1,920

Note Payable 151,040

Cash (w.2) 152,960

<u><em>(To record final payment to Miami.) </em></u>

Workings:

w.1: Accounts Receivable = Amount of accounts receivable as collateral – Cash received from customer = $768,000 - $524,800 = $243,200

w.2: Cash = Loan - First payment for principal = $652,800 - $499,840 = $152,960

3 0

3 years ago

The following balance sheet accounts of a foreign subsidiary at December 31, 2017, have been translated into U.S. dollars as fol

exis [7]

Answer:

$1,300,000

Explanation:

The computation of the total amount included in the translated balance sheet is shown below:

= Account receivable at current rate + account receivable, long term at current rate + inventories at current rate + goodwill at current rate

= $600,000 + $300000 + $180,000 + $220,000

= $1,300,000

We recorded at the current rate or lower value of current rate or historical rate but the goodwill is recorded at current rate

6 0

3 years ago