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
Goryan [66]
4 years ago
8

The following transactions occurred during July: received $900 cash for services provided to a customer during July. Issued comm

on stock for $2,200 cash. Received $750 from a customer in partial payment of his account receivable which arose from sales in June. Provided services to a customer on credit, $375. Borrowed $6,000 from the bank by signing a promissory note. Received $1,250 cash from a customer for services to be performed next year. What was the amount of revenue for July?
Business
1 answer:
antiseptic1488 [7]4 years ago
8 0

Answer:

revenue for july 1,275

Explanation:

We only have to compute the services performed in July

900 cash services july

375  credit services july

1,275

The received from sales in junes doesn't count.

Also doesn't count the advance payment for services at next year

You might be interested in
Total quality management__________.
artcher [175]

Answer:

c. gives all employees the responsibility for achieving quality goals.

Explanation:

Total quality management is the process by which processes are continuously streamlined to avoid errors, improve experience of customers, and maintain training of employees. Every employee takes responsibility for producing final quality product.

The main focus of total quality management is to produce quality product by continuously improving the manufacturing process.

Although TQM originated in the manufacturing industry, it is applied in banking, finance, and medicine.

3 0
3 years ago
Brown Co. pays weekly salaries of $10,500 on Friday for a five-day workweek ending on that day. Assuming the end of the accounti
ra1l [238]

Answer:

c.credit to Wages Payable for $6,300.

Explanation:

The journal entry to record the wages expense is shown below;

Wages expense dr ($10,500 × 3 ÷ 5) $6,300

      To Wages payable $6,300

(being the wages expense is recorded)

Here the wages expense is debited as it increased the expense and credited the wages payable as it increased the liabilities

8 0
3 years ago
Intel Corporation had assets equal to $123,249 million and liabilities equal to $54,230 million for a recent year-end. What was
Ghella [55]

Answer:

total Equity at end of the year  = $69019 million

Explanation:

given data

assets = $123,249 million

liabilities = $54,230 million

to find out

total equity

solution

we get here total Equity at end of the year that is express as

total Equity at end of the year  = Asset - Liabilities   .................1

put here value we get

total Equity at end of the year  = $123,249 million  - $54,230 million

total Equity at end of the year  = $69019 million

8 0
3 years ago
West Side Medical Supply is in trouble. In the past two years, Fred Schultz, the owner, suddenly lost 26 percent of his business
Alexus [3.1K]
Fred Schultz, the owner of the West Medical Supply had lost 26 percent of his business. The cause of the lost was because of the two drug stores and close local hospital. In order for Fred to redeem his lost and to gain more, he needs to do some research on demographic changes. By this, he may be able to determine the population and to figure out where and how he can go through with his business.
Answer: D
7 0
4 years ago
Informative headings and subheadings..
aliina [53]

Answer: Is the business manegement?

Explanation: If what unit and lesson i did all

7 0
3 years ago
Other questions:
  • How do the choices we make both producers and consumers help us with scarcity?
    7·2 answers
  • Match each type of unfair business practice with its description.
    12·1 answer
  • Which of the following help convince managers to work in the best interest of the stockholders?
    5·1 answer
  • Please help?!
    6·1 answer
  • Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500 Cash Allowance straight off
    13·2 answers
  • Identify the stage of the new product development based on the given scenario.
    15·2 answers
  • Why is it important to consider how you will spend your retirement when planning for retirement?
    12·1 answer
  • Suppose that a couple of months after the new pizza restaurant opens, the local government institutes a $14 per pizza price ceil
    9·1 answer
  • For the following year, show how the following amounts should be reported on the financial statements:
    5·1 answer
  • The costs of providing a work space for project workers, office furniture, electricity, and a cafeteria are ____ costs.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!