Answer:
a.
Debit Credit
Salary expense $5,300
($26,500/5)
Salary payable $5,300
b. Debit Credit
Salary expense $21,200
($26,500/5*4)
Salary payable $21,200
Explanation:
a. The journal entry that should be made in the books of the Garcia Realty Co. if the accounting period ends on the monday is given below:
Debit Credit
Salary expense $5,300
($26,500/5)
Salary payable $5,300
b. The journal entry that should be made in the books of the Garcia Realty Co. if the accounting period ends on the thursday is given below:
Debit Credit
Salary expense $21,200
($26,500/5*4)
Salary payable $21,200
Answer:
with only one chain and one pendant per necklace.write an expression that shows how much it will cost ronnie to make s short necklaces and n long necklaces. then find the cost for 3 short necklaces 2 long necklaces
When interest rates are expected to rise, then Joe Hill should D. prefer the Asbury bond to the Wildwood bond.
<h3>What is a bond?</h3>
A bond simply means a form of security that is used in mutual funds and private investing.
In this case, when interest rates are expected to rise, then Joe Hill should prefer the Asbury bond to the Wildwood bond. This is important to prevent loss.
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Answer:
B) Indicates how many times the receivables were converted into cash during the year.
Explanation:
Account receivable Turnover is a ratio which shows that how many times the account receivable is converted into cash in a given period of time. It shows the efficiency of recovery from customer by a company. A company with higher turnover ratio is considered to more profitable and its liquidity is higher. A company with lower Turnover will have low profits and may face liquidity problems.
Select the account that would be decreased if the owner of hillary's hair salon decides to withdraw $40 for personal use. 'cash'
therefore the correct option is Cash
Personal Use
Any usage that does not meet the requirements for Commercial Use is considered Personal Use. Use for strictly personal objectives is referred to as personal, or non-commercial, use. A use must satisfy ALL THREE of the following requirements in order to be deemed "Personal":
The use cannot entail a currency exchange.
The use can't be used to advertise a company (this includes non-profit organizations)
There must be no financial gain from the use, either directly or indirectly.
The use is classified as "Commercial" if one or more of the requirements are not satisfied.
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