Answer:
Dr Equipment $6,300
Dr Accumulated depreciation $3,780
Dr Loss on disposal $5,040
Cr Machinery $11,340
Cr Cash $3,780
Explanation:
Whispering Company
Journal entries
Dr Equipment $6,300
Dr Accumulated depreciation $3,780
Dr Loss on disposal $5,040
Cr Machinery $11,340
Cr Cash $3,780
Loss on disposal
$6,300+$3780=$10,080
$11,340+$3,780=$15,120
$15,120-10,080=5,040
Answer:
Administrative costs allocated to Mixing: $96,000;
Administrative costs allocated to Bottling: $64,000.
Explanation:
Total number of employees = Number of employees in Mixing + Number of employees in Bottling = 300 + 200 = 500 employees.
Number of administrative cost allocation per 01 employees = 160,000 / 500 = $320 per employees.
Administrative costs allocated to Mixing = Number of administrative cost allocation per 01 employees x Number of Employees in Mixing = 320 x 300 = $96,000
Administrative costs allocated to Bottling = Number of administrative cost allocation per 01 employees x Number of Employees in Bottling = 320 x 200 = $64,000.
The amount of check paid by Company G after claiming the cash discount offer is $2,058.
<h3>What is a cash discount?</h3>
A cash discount is a type of rebate being allowed by seller to the buyer on the amount of receivables for a specified period of time.
Given values:
Amount of receivables: $2,100
Cash discount : 2%
Discount days: 7 days
Full payment days: 30 days
Computation of amount of check to be paid after discount:
Therefore, after paying the receivable amount within 7 days, the company can claim the discount of 2% and paid $2,058 as its net payment.
Learn more about the cash discount in the related link:
brainly.com/question/15060398
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Answer: c) investment opportunities with superior returns.
Explanation:
Answer:
Banks provide business-specific financial services that help business owners manage their money. In addition to basic checking account services that allow business owners to deposit funds and write checks, they may also allow businesses to transfer money by Automated Clearing House (ACH) and wire