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artcher [175]
3 years ago
12

The account "Warranty Liability": is adjusted at the end of the year. is credited each time a warranty repair is made. has a yea

r-end credit balance equal to the cost of warranty repairs made during the year. is closed at the end of the year.
Business
1 answer:
Valentin [98]3 years ago
4 0

Answer:

The account "Warranty Liability":

is adjusted at the end of the year

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The checkbook balance of Lester Co. was $922.55. The bank statement revealed a balance of $3,881.14. The bank statement showed i
storchak [24]

Answer:

The reconciled balance is 7,294.14

Explanation:

bank statement      3,881.14

deposit in transit   9,555.88

oustanding check<u> (6,142.88)  </u>

bank statment        7.294,14

From the bank accout we deduct the outstanding check and increase by the deposit in transit.

accounting        922.55

interst                   77

service charge    (38.22)

note collected  6,815.00

check              <u>   (482. 19)  </u>

accounting      7.294,14‬

From the accounting we adjust for the transaciton which aren't know by the company:

the interest and service charge, the note colected and we also adjsut for mistake like the check not deducted.

in both we must reach the same final answer.

4 0
3 years ago
"Bubba is a shrimp fisherman who used $2,000 from his personal savings account to buy a boat and equipment for his shrimp busine
Katyanochek1 [597]

Options:

A. $20

B. $200

C. $40

D. $400

Answer:C. $40

Explanation: Opportunity cost is a term used in Economics to describe the value of the next most profitable alternative of this an investor puts his or her resources into,in this case the opportunity cost for Bubba is the percentage of the interest which Bubba earned from the interest.

Opportunity cost for Bubba can be calculated as follows

(2%/100)* $2,000=$40.

Opportunity cost helps economists to ensure that resources are effectively put to use.

5 0
3 years ago
Milton Bradley/Parker Brothers are producers of many board games, such as Monopoly, Battleship, Yahtzed, and Clue. The company h
Kamila [148]

Answer:

The correct answer is consumer- generating marketing,option B

Explanation:

Consumer-generating  marketing is powerful marketing tool used in generating more sales in such a way that the products are marketed using existing customers' content such as product reviews and feedback to reach to more customers  with aid of advancement in information technology.

Most companies have social media pages online, where they engage existing customers in order that new prospects can also be reached with least possible costs implication overall,in other words,customer acquisition cost is kept low.

8 0
3 years ago
Do the methods below use Cash Flows or Operating Income
KatRina [158]

Answer: c

Explanation:

8 0
3 years ago
Is the following scenario a partnership? Performing in a twenty-piece band with a rotating showcase of trumpeteers.
timurjin [86]
Yes because there is more than one performer performing
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3 years ago
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