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bagirrra123 [75]
3 years ago
11

[preparing trial balance] I am suppose to be preparing a trial balance but base on the accounts and information I have, I have t

he cost amounts for two years. How would I do that?
Business
1 answer:
LuckyWell [14K]3 years ago
3 0
[preparing trial balance] I am suppose to be preparing a trial balance but base on the accounts and information I have, I have the cost amounts for two years. How would I do that?
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Adjusting entries.
Dafna11 [192]

Answer:

J1

Inventory $7,350 (debit)

Trading Account - 2012 $7,350 (credit)

J2

Inventory $22,150 (debit)

Trade Payable  $22,150 (credit)

J3

Write down of Inventory $20,690 (debit)

Inventory $20,690 (credit)

J4

Note Receivable $20,000 (debit)

Bank $20,000 (credit)

J5

Rent Prepaid $12,000 (debit)

Bank $12,000 (credit)

Explanation:

J1

Being Inventory on hand at begining of the year

J2

Being Inventory supplies acquired.

J3

Being inventory written down after physical count.

Inventory = $7,350 + $22,150 - $8,810 = $20,690

J4

Being Note received from a customer

J5

Being Rent for 1 year received in advance

3 0
3 years ago
An education company is preparing to run a marketing campaign for their app. Identify three factors the company should consider
natka813 [3]

The company should consider business goals, competitor strategy, and annual revenue when deciding on their campaign objectives.

<h3>What is the marketing campaign?</h3>

The campaign that is made up of a number of advertisement messages that all share the same idea and theme is called as the marketing campaign.

When deciding on their campaign objectives, the company should take business objectives, competitor strategy, and annual revenue into account.

Learn more about the marketing campaign, refer to:

brainly.com/question/16873058

#SPJ1

6 0
2 years ago
Assume you own shares in Walmart and that the company currently earns $4.80 per share and pays annual dividend payments that tot
larisa [96]
8.90 i think hope this helps!?
6 0
3 years ago
Asset A has an expected return of 20% and a standard deviation of 25%. The risk-free rate is 10%. What is the reward-to-variabil
kvv77 [185]

Answer:

0.4 or 40%

Explanation:

the formula used to calculate the reward variability ratio is:

reward variability ratio = (expected return - risk free rate) / standard deviation = (20% - 10%) / 25% = 10% / 25% = 0.4 = 40%

The reward variability ratio measures the return of a project, stock or investment, adjusted for its variability (standard deviation) compared to the risk free rate.

8 0
3 years ago
At Value Inc., there are specific steps to be followed when applying for a day off. First, an employee has to apply to his or he
Gnoma [55]

Answer:

<u>Procedures</u>

Explanation:

Procedures refer to protocols and guidelines to be adhered to while performing an act.

Those are management rules which determine management action. Procedures are carried out following certain set of rules which are commonly applicable. Procedures could be stringent at times.

In the given case, the employees in order to get something (leaves) from the management, have to follow a prescribed set of rules in a sequence which would lead to the desired outcome.

Though procedures could be cumbersome and time consuming, just like in the given case, those have to be followed and adhered to by an organization and it's people.

7 0
3 years ago
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