1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
wolverine [178]
3 years ago
15

Boyd Docker recorded the following transactions during the month of April. Apr. 3 Cash 3,400 Service Revenue 3,400 16 Rent Expen

se 460 Cash 460 20 Salaries and Wages Expense 340 Cash 340 Post these entries to the Cash account of the general ledger to determine the ending balance in cash. The beginning balance in cash on April 1 was $3,850. (Post entries in the order of journal entries presented in the
Business
1 answer:
Nutka1998 [239]3 years ago
6 0

Answer:

$6,450

Explanation:

The general ledger of a cash account is presented below:

                                            Cash Account

Date     Particulars           Amount        Date     Particulars           Amount

April 1    Beginning                                 April 16  Rent expense     $460

             Balance               $3,850

April 3  Service                                      April  20   Salaries and

            Revenue              $3,400                         Wages expense $340

                                                               April 30  Ending balance   $6,450

The ending  balance would be

= Beginning balance + service revenue - rent expense - salaries and wages expense

= $3,850 + $3,400 - $460 - $340

= $6,450

You might be interested in
The cycle view of the supply chain is useful when considering operational decisions, because Select one: a. it focuses on proces
almond37 [142]

Answer:

c. it specifies the roles and responsibilities of each member of the supply chain.

Explanation:

Supply chain management (SCM) can be defined as the effective and efficient management of the flow of goods and services, as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.

The key principle of supply chain management can be best summed up as collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing, a wholesaler, and a retailer who typically sells the products to the customers or consumers.

Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.

Hence, the supply chain comprises of processes which are typically divided into four (4) cycles;

1. Customer order cycle: it involves the process of receiving an order from a customer, entry and fulfillment of orders.

2. Replenishment cycle: it includes receiving, entry and fulfillment of retail orders.

3. Manufacturing cycle: it includes the process of converting raw materials into finished products.

4. Procurement cycle: this includes shipping or receiving raw materials and production schedules.

The cycle view of the supply chain is useful when considering operational decisions, because it specifies the roles and responsibilities of each member of the supply chain.

8 0
3 years ago
Economic growth in the country of Southville has slowed down in the last few months. Following a collapse in housing​ prices, se
skad [1K]

Complete Question:

A. According to census data, the percentage of Southville's population that lives in rural areas has gradually been shrinking.

B. The standards for obtaining a mortgage loan in Southville have been more stringent compared to many other countries.

C. Prior to the crisis, the prices of existing homes also increased in proportion to the prices of new homes in Southville.

D. A large proportion of home buyers in Southville were individuals who already owned one or more houses.

E. The inflation-adjusted real wage in the construction industry increased by 10 percent prior to the crisis.

Answer and Explanation:

Options A and D would weaken Bob's argument. The reason why option A would weaken Bob's argument would be because Bob said that the population is increasing whereas the according to the census data, the population has gradually been shrinking.

The reason for option D is that the individuals who already owned houses were buying new houses. So what was the need for them to buy additional new houses?

4 0
3 years ago
Veruca sells therapeutic bath salts on the Internet. Her annual revenue is​ $52,000 per​ year, the explicit costs of her busines
koban [17]

Answer:

D. ​$38,000

Explanation:

The formula to compute the accounting profit is shown below:

Accounting profit = Annual revenue - Explicit cost

                             = $52,000 - $14,000

                             = $38,000

It shows a relationship between the annual revenue and the explicit cost. The difference between these two is known as accounting profit.

8 0
3 years ago
PLEASE do your best on these questions, it’s 75% of my grade
Simora [160]

Answer:

C

Explanation:

Im pretty sure its C. Everyone has to sign a lease when renting something

8 0
2 years ago
Read 2 more answers
Gloria has finished reading 30% of a 340 page novel. how many pages has she read?
gtnhenbr [62]
Gloria has read 102 pages of the novel.
6 0
3 years ago
Other questions:
  • Joyce just closed on a condo for $366,900 and put down 20% to obtain an 80% loan and avoid having to pay for private mortgage in
    12·1 answer
  • Clara is looking into investing a portion of her recent bonus into the stock market. While researching different companies, she
    12·1 answer
  • _______ is a non-cash expense representing the cost assets as they lose value over time
    5·1 answer
  • The 2003 iraqi war destroyed large amounts of capital. later, insurgent activity continued to destroy capital and created instab
    13·1 answer
  • If you lived on a fixed income how would you be affected by inflation
    11·1 answer
  • Baxter Company reported a net loss of $13,000 for the year ended December 31. During the year, accounts receivable decreased by
    11·1 answer
  • Machinery was purchased for $85,000. Freight charges amounted to $3,500 and there was a cost of $10,000 for building a foundatio
    10·1 answer
  • Budgeted sales in Acer Corporation over the next four months are given below: September October November December Budgeted sales
    12·1 answer
  • A company's board of directors votes to declare a cash dividend of $.75 per share of common stock. The company has 15,000 shares
    15·1 answer
  • Two firms (1 and 2) compete in a homogeneous goods market, where the firms produce exactly the same good. The firms simultaneous
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!