Answer:
Cobras Incorporated
Trial Balance as at March 31.
Debit Credit
Supplies $1,100
Buildings $41,000
Cash $2,100
Accounts Receivable $2,800
Prepaid Insurance $1,100
Salaries Payable $300
Accounts Payable $1,500
Common Stock $21,000
Retained Earnings $14,500
Service Revenue $18,100
Utilities Expense $2,300
Salaries Expense $5,000
Totals $55,000 $55,000
Explanation:
A Trial Balance is used to check mathematical accuracy in ledger Accounts. It represents a list of Balances : Debit and Credit extracted from the Ledger Accounts.
Answer:
An example of when I imposed my own views and feelings about life based of the experience of others is when a friend from mexico told me there experience migrating to the US. What they experience and the struggles they faced made me feel more appreciative of things.
Explanation:
Answer:
Control
Explanation:
Control in management as well as organization is very essential, it is very crucial for organization to achieve their goals. Control helps in the area of taking corrective measures whenever the needs arrises. It involves using technical as well as physical method in regulation of activities within an organization which will later reduces risk. It should be noted that control is
used to describe a technical, physical, or administrative process designed to reduce risk.
Answer: large lot sizes to save on setup costs and to gain quantity discounts.
Explanation:
Just in time is the kind of system where your material or component arrives just when you require them and does not take up time. This is helpful in saving storage cost. Just in time however, does not include large lot sizes to save on setup costs and to gain quantity discounts.
Answer:
The amount of the prepaid portion that is due back to Ashley using the 12 month, 360 day proration is=$362.34
Explanation:
<em>Step 1: Determine HOA per day</em>
Use the expression below to determine HOA per day;
T=H×N
where;
T=total HOA dues per year
H=HOA per day
N=number of days in a year
In our case;
T=$660
H=unknown
N=360 days
Replacing;
660=H×360
360 H=660
H=660/360
H=$1.83 per day
<em>Step 2: Determine amount of HOA that is due back</em>
Using the same expression;
T=H×N
but;
T=unknown
H=$1.83 per day
N=(June, 15 days)+(July, 30)+(Aug, 31)+(Sep. 30)+(Oct 31)+(Nov 30)+(Dec 31)
N=(15+30+31+30+31+30+31)=198 days
Replacing;
T=(1.83×198)=$362.34
The amount of the prepaid portion that is due back to Ashley using the 12 month, 360 day proration is=$362.34
