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Murrr4er [49]
3 years ago
9

Sun Devil Hair Design has the following transactions during the month of February.

Business
1 answer:
DanielleElmas [232]3 years ago
8 0

Answer:

The journal entry for each transaction is given below.

Pay $700 for radio advertising for February.

Debit Advertising Expense $ 700

Credit Cash                          $ 700

Purchase beauty supplies of $1,300 on account.

Debit Supplies                  $ 1,300

Credit Accounts Payable $ 1,300

Provide beauty services of $2,900 to customers and receive cash.

Debit Service Revenue $ 2,900

Credit Cash                    $ 2,900

Pay employee salaries for the current month of $900.

Debit Salaries Expense   $ 900

Credit Cash                       $ 900

Provide beauty services of $1,000 to customers on account.

Debit Accounts Receivable  $ 1,000

Credit Service Revenue         $ 1,000

Pay utility bill for the current month of $300.

Debit Service Revenue   $ 300

Credit Cash                      $ 300

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Judy Olsen, Kristy Johnston, and their mother, Joyce Johnston, owned 78 acres of land on Eagle Creek in Montana. When Joyce died
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Answer:

The court will rule in favor of Judy

Explanation:

Kristy made a valid offer to Judy and Judy accepted it before Dave accepted Kristy´s offer so Judy's acceptance should prevail.

In the offer letter, Kristy told Judy to "please respond to Bruce Townsend", but she did not specify that the only proper mode of acceptance was the response to Bruce. Since she did not specify that Judy could not respond directly to her, Judy's letter of acceptance to Kristy's offer is valid.

Kristy should have been more specific in stating that the only proper mode of acceptance was a response to Bruce.

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3 years ago
A company uses the weighted-average method of inventory valuation under a periodic inventory system. The company began the year
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Answer:

$935.61

Explanation:

Firstly, we need to calculate weighted average inventory cost at every time anchors (purchase - in or sell - out)

At time t = 1, 64 units @ 5 per unit.

At time t = 2, 64 + 110 = 174 units @ (64 x 5 + 110 x 5)/(64 + 110) = 5 per unit.

At time t = 3, 174 - 90 = 84 units @ 5 per unit.

At time t = 4, 84 + 55 = 139 units @ (84 x 5 + 55 x 6)/(84 + 55) = 5.40 per unit.

At time t = 5, 139 - 90 =  49 units @ 5.40 per unit.

Cost of goods sold for the year = 90 x 5 + 90 x 5.40 = $935.61

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4 years ago
are useful when you want to show the ratio of different parts to the whole. A. tables B. pie graphs C. bar graphs D. line graphs
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I think that the answer is B.
6 0
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Which of the discrimination protected by EEOC
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A. Stereotype (i think this is right)
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3 years ago
A couple has been recently married, both for the second time. They are both age 40, and each has 2 kids from their prior marriag
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The account should be opened as Joint Account With Tenants In Common.

<h3>Joint Account With Tenants In Common</h3>

in these Joint accounts with tenants in common A Totten Trust is a payable on death bank account. Such an account allows the owner to leave funds to a named beneficiary (or beneficiaries), avoiding probate. The only problem is that it can't be used for brokerage accounts - it is only for bank accounts. To accomplish what the couple wants requires that a joint account be set up as tenants in common, with the percentage ownership split between the husband and wife. Then the husband must have his own will, leaving his share to his natural children; and the wife must have her own will, leaving her share to her natural children.

If an account is opened as a Joint Account with Tenants in Common, there is a specified ownership percentage for each tenant. Upon death of 1 tenant, that person's percentage goes to his or her estate, is passed by will and must go through probate (where someone could contest the transfer).

Learn more about Joint account with tenants in common here :

brainly.com/question/14998321

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