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viva [34]
3 years ago
10

Given the following transaction: Purchased supplies for office use on credit.

Business
2 answers:
zysi [14]3 years ago
6 0
Whats the rest of the question??
serg [7]3 years ago
3 0
I think you missed some stuff
You might be interested in
More Parts Liquidators specializes in buying excess parts inventories for resale or to incorporate into other products. They rec
Alla [95]

Answer:

Sell the parts without any processing because the profit is higher ($20,000 vs $15,000)

Explanation:

they have two options:

  • option A, sell the parts as they are and make $20,000 in profits (= $120,000 - $100,000).
  • option B, further process the parts by spending $75,000 and sell them for $190,000, and make only $15,000 in profits (= $190,000 - $100,000 - $75,000).

The best option is A, to sell the parts without any processing because the profit is higher and they do not have to spend more money.

6 0
3 years ago
The price of crude oil increases 50%. This will cause a change in ( supply/ quality supplied )
Paladinen [302]

Answer:

See below

Explanation:

A price increase motivates suppliers to avail more products for sale in the markets. High prices tend to have a high margin hence more profits. Like other businesses, oil producers are profit-motivated; they will supply more quantities if there is a high probability of making more profits.

The law of supply explains the correlation between supply and price. As prices increase, supply also tends to increase.

5 0
2 years ago
Posting is the process of transferring items entered in a general journal to the: 1. worksheet. 2. trial balance. 3. general led
Rashid [163]

Answer:

The correct answer to the following question will be Option 3 (General ledger).

Explanation:

  • General Ledger is the full accounting of all the financial activities of the company across its lifespan. It contains all the documents which are preparing the reports of finance, including income, assets, investments, income, and expenditures.
  • It's an official paper that offers a comprehensive overview of the business transactions of the company.
  • An invoice, or general ledger key, is a number that is used to document business transactions in the ledger.

Therefore, Option 3 is the right answer.

7 0
3 years ago
Being aware of your expectations is an example of a. For introducing mindfulness to young children
ohaa [14]

Being aware of one's expectations is to keep them in check and to ensure that they are realistic. This is one of the ways to practice <u>Effective Parenting.</u>

<h3>Dangers of Unrealistic Expectations</h3>

Some of the dangers of unrealistic expectations are:

  • Friction
  • misunderstandings
  • frustrations
  • damage to the self-esteem of the kids and stifle healthy mental development of the kids

See the link below for more:
brainly.com/question/5345351

8 0
2 years ago
A company’s retained earnings increased $375,000 last year and its assets increased $973,000. The company declared a $79,000 cas
Alex Ar [27]

Answer:

C. $454,000.

Explanation:

We know that

The ending balance of retained earnings = Opening balance of retained earnings + net income - dividend paid

$375,000 = $0 + net income - $79,000

So, the net income would be

= $375,000 + $79,000

= $454,000

The ending balance of retained earnings - Opening balance of retained earnings is also known as increase in retained earning

6 0
3 years ago
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