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
Determining if products made in-house will be produced in one or more facilities, and if these facilities should be located in o
vaieri [72.5K]

Answer:

The correct answer is "Location"

Explanation:

The location decisions are determinant of profitability in international business. The Company's selection on where to assemble and manufacture the product can determine the success of the business. Some countries are cheaper to produce for the workforce, exchange rate, taxes...

5 0
3 years ago
discuss the rationale of organizing an industrial strike in resolving employee dispute with the state,focusing on the detrimenta
Gennadij [26K]

Answer: The answer is given below

Explanation:

Strike is the refusal to work which is typically organized by body of employees as a method of protesting in an attempt to get a pay rise or other concessions from the employer.

Strike can be as a result of demand for wages or salary increment, better working conditions, better treatment at workplace and non-discrimination, towards employees.

Strikes can bring about potential benefits such as better working conditions, increase in pay, improved labor productivity, increase in work morale, and lower absenteeism. Itcsn also bring about economic costs to the society. Strikes results in negative impacts on employees, employers, consumers, stakeholders, the government, and the whole economy.

During strikes, there are less goods available for consumers, decrease in revenue on the part of employers, idle employees, and the economy is also affected badly.

6 0
3 years ago
a. Attracting large amounts of capital is more difficult for partnerships than for corporations because of such factors as unlim
lidiya [134]

Answer:

The statement is: True.

Explanation:

Partnerships are organizations that share ownership of two or more people. Corporations, on the other hand, are owned by shareholders who decide how and who will run the business. Partnership owners are individually liable, implying that the owners' assets can be taken away in front of the debt.  

Debt or legal responsibility in companies is not individual. Liability is only dealt with at the company level. In reality, partnerships require reorganization when one of the partners is quitting or passing away, something that does not happen to corporations. For these factors, the majority of associations find it difficult to raise significant amounts of funds relative to companies.

7 0
2 years ago
Jamarcus's employer pays 80 percent of his medical insurance. If the insurance costs Jamarcus $20 a week, how much is his employ
Mazyrski [523]
It's sixty positive must vote brainliest Xd
4 0
2 years ago
The yield on a one-year bond is currently 3% and the expected yield on one-year bonds for the next two years is 5% and 4%. If th
sveticcg [70]

Answer:

5.75%

Explanation:

The computation of the  yield on a bond with three years to maturity is shown below:

Given that

Yield on a one-year bond is 3%

The expected yield on one-year bonds for the next two years is 5% and 4%

And, the liquidity premium is 1.75%

So, the yield on a bond with three years to maturity is

= (3% + 5% + 4%) ÷ 3 years + 1.75%

= 4% + 1.75%

= 5.75%

4 0
3 years ago
Other questions:
  • A monopolist can practice third-degree price discrimination. If demand in the United States is given by y1 = 7,200 – 100p1, wher
    7·1 answer
  • The december 31, 2015, balance sheet of maria's tennis shop, inc., showed current assets of $1,205 and current liabilities of $9
    14·1 answer
  • A copy machine is available 24 hours a day. On a typical day, the machine produces 169 jobs. Each job takes about 5 minutes on t
    13·1 answer
  • Mott Company purchases a machine from Janelle Company. Installation of the machine requires specialized knowledge that Mott Comp
    12·1 answer
  • If fixed costs are $450,000, the unit selling price is $75, and the unit variable costs are $50, the old and new break-even sale
    7·1 answer
  • Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a $4,000,000, 6%, 8-year bond that pays semian
    14·1 answer
  • Please Help. Career Explorations
    6·1 answer
  • When the consumer price index rises, the typical family.
    14·1 answer
  • Based on the information provided, what ethical standards is Impossible Foods demonstrating with regard to its employees
    5·1 answer
  • Commercial paper is ________.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!