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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

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3 years ago
Gdp includes the value of all select one:
baherus [9]
The correct answer is A.

GDP consists of all FINAL goods and services, and the only way it can be measured is through market prices.
5 0
3 years ago
Khadimally, Incorporated, expects sales of $763,500 next year. The net profit margin is 5.3 percent and the firm has a dividend
Nutka1998 [239]

Based on the expected sales, net profit margin, and dividend payout ratio, the projected increase in retained earnings for Khadimally Inc, is $33,181.71.

<h3>What is the projected increase in retained earnings?</h3>

First find the expected profit:

= Sales x Net profit margin

= 763,500 x 5.3%

= $40,465.50

The projected increase is:

= 40,465.50 x (1 - 18%)

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Find out more on retained earnings at brainly.com/question/25998979.

3 0
2 years ago
At what level are milestones tracked?
Lemur [1.5K]

stakeholder level

Explanation:

I am not sure

4 0
2 years ago
Read 2 more answers
Kleister Company issues bonds for $100 million and repays a long-term notes payable of $10 million. The company also sells its o
antoniya [11.8K]

Answer:

$97 million cash inflow from financing activities.

Explanation:

Given: Company issue bonds for $100 million

           Repay long term notes payable is $10 million.

           Company sell its own shares= $12 million

           Pay cash dividend= $5 million.

Now, lets calculate the cash inflow from financing activities (CFF)

∴ Formula; Cash inflow from financing activities= \textrm{cash inflow from issuing equity or debt -(cash paid as dividend +repurchase of debt and equity)}

Cash inflow are the item through which cash is flowing in the company.

∴ cash inflow= (\textrm{(cash inflow issuance of bonds and selling own shares)}

Cash inflow= (100+12)= \$ 112\ million

Cash inflow from financing activities= 112-(10+5)= 112-15

Cash inflow from financing activities is $97 million

6 0
3 years ago
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