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
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

You might be interested in
Oriole Company made the following journal entry in late 2021 for rent on property it leases to Danford Corporation. Cash 153000
Morgarella [4.7K]

Answer:

$277,125

Explanation:

The calculation of  income tax expense is shown below:-

Income tax expense = Income taxes payable at the end of 2022 + (Rent revenue ÷ 2) × Tax rate

= $258,000 + (($153,000 ÷ 2) × 0.25)

= $258,000 + $76,500 × 0.25

= $258,000 + $19,125

= $277,125

Therefore for computing the income tax revenue we simply applied the above formula.

6 0
3 years ago
T. Hillcrest Co. sold $500 of merchandise on a bank credit card with a 5% fee. The entry to record this sales transaction would
Rufina [12.5K]

Answer:

Cash for $475 and Credit Card Expense for $25

Explanation:

Cash for $475 and Credit Card Expense for $25

8 0
2 years ago
What is round to the nearest 10.000?​
liraira [26]
If the number is 12,759 and they ask to round to the nearest 10,000 then you look at the thousands place (where the 2 is) and is its less than 5 round down and if its more round up. so the answer would be 10,000
7 0
3 years ago
Scenario B: Raney Pharmaceuticals Corp. has completed a SWOT analysis as part of their ongoing strategic planning process. They
pickupchik [31]

Answer:

SWOT ANALYSIS

Explanation:

A SWOT analysis looks at internal and external factors that can affect a business.

In SWOT analysis Internal factors are strengths and weaknesses. External factors are the threats and opportunities. An example of an external factor is changes in technology or a new government policy.

The Strategic planning process implored by Raney Pharmaceuticals Corp should help them:

1. respond to new trends

Since more people are becoming interested in natural alternatives to traditional chemical pharmaceuticals and the trend is expected to continue over the next decade Raney Pharmaceuticals Corp could take advantage of this opportunity by diversifying to produce natural alternative medication.

2. Discover threats (external factor)

Since New regulations have been passed limiting their ability to sell certain formulations over the counter, it would likely reduce their sales.

3. Overcome Weakness

The company has inadequate financial resources to invest in their operations and thus would need to get new investors.

Also, since they have fallen behind in research and development in the last few years adequate measures should be taken to improve their research and development.

4 0
3 years ago
When evaluating a new project, firms should include in the projected cash flows all of the following EXCEPT:
saveliy_v [14]

Answer and Explanation:

b. Previous expenditures associated with a market test to determine the feasibility of the project, provided those costs have been expensed for tax purposes.

3 0
3 years ago
Other questions:
  • Which of the following is a disadvantage of being a high self-monitor?
    12·1 answer
  • Ricardo wants to buy a new tablet that costs $1,150. he will make a down payment of $250 and will make monthly payments of $50.
    12·1 answer
  • Which of the following changes would bring the U.S. capital stock, currently below the Golden Rule level, closer to the steady-s
    8·1 answer
  • Export supply curves are __________________; import demand curves are ___________________.
    5·1 answer
  • Select all that apply. Which of the following items demonstrate poor choices made by private property owners?
    15·2 answers
  • a) Miranda needs to build new shelves in her pantry to store all these items. She wants to put each type of item on a separate s
    5·2 answers
  • Digital Fruit is financed solely by common stock and has outstanding 40 million shares with a market price of $20 a share. It no
    11·1 answer
  • Mauro Products distributes a single product, a woven basket whose selling price is $28 per unit and whose variable expense is $2
    7·1 answer
  • Amy currently volunteers at her local hospital. She would like to one day
    13·2 answers
  • You are evaluating your current portfolio of investments to determine those that are not performing to your expectations. You ha
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!