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Fudgin [204]
3 years ago
10

In the first month of operations, the total of the debit entries to the Cash account amounted to $5600 and the total of the cred

it entries to the Cash account amounted to $3200. The Cash account has a
a. $2400 debit balance.
b. $5600 debit balance.
c. $3200 credit balance.
d. $8800 credit balance
Business
1 answer:
vovangra [49]3 years ago
8 0

Answer:

a. $2400 debit balance.

Explanation:

Cash is an asset (a resources owned/controlled by an entity as a result of a past event, for which future benefits will be enjoyed by the company). As such, like other assets, cash normally has a debit balance.

The debits to cash represents the inflow of cash while the credit entries represents the outflows from the cash account.

Account balance = $5600 - $3200

= $2400

The debits are more than the credit hence net balance is a debit.

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vova2212 [387]

Answer: $4

Explanation:

The Bottle division is said to be able to meet all excess demand outside as well as that of the Cologne Division.

When this is the case in a company, individual divisions are allowed to transfer to each other at a rate equal to their Variable Costs. This is the general rule.

The Variable Costs for the containers is $4 so that is the transfer price as well.

6 0
3 years ago
when sony released the playstation 4, it was reported that sony was taking a loss of $60 on every ps4. however, sony expected to
PolarNik [594]

The loss of Sony on Playstation is covered by the gain on PS+ sales. The profit from PS+ is interdependent on sale of Playstation.

<h3 /><h3>What is interdependence?</h3>

Interdependence is the state of being dependent on a thing. In the scenario provided the sale of PS+ that is the games can only be sole when the Playstation is sold. This makes the sale of PS+ interdependent on the sale of Playstation.

Interdependent goods are dependent on other product for sale and a sale of one would result in the sale for the interdependent good.

The loss made on sale of Playstation of $60 can be recovered easily by the sale of PS+ as all the purchaser of Playstation will be spending a good amount on the purchase of PS+ which makes the loss profitable for Playstation Company.

Learn more about interdependence at brainly.com/question/27251361

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8 0
2 years ago
A main advantage of enterprise resource planning (erp) is that it describes a _____ that ensures connectivity and easy integrati
marta [7]
The answer to this question is the term which we commonly heard as "PLATFORM". Hence when the main advantage of enterprise resource planning (ERP) is that it describes a PLATFORM that ensures connectivity and easy integration of future systems including in-house software and the commercial packages. In this case, the analyst must consider the architecture of the system.
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Klio2033 [76]

Answer:

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This makes it illegal and punishable under to law to access an individual's computer whether through remote access or internet access without the permission of the owner.

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Andreas93 [3]

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