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kari74 [83]
3 years ago
8

The actual cash received during the week ended October 31 for cash sales was $23,447 and the amount indicated by the cash regist

er total was $23,457. Journalize the entry to record the cash receipts and cash sales. If an amount box does not require an entry, leave it blank. Oct. 31 Cash 23,457 0 Cash Short and Over 10 0 Sales 0 23,447
Business
1 answer:
Rufina [12.5K]3 years ago
6 0

Explanation:

Data given in the question

Actual cash received = $23,447

But the amount indicated on the cash register is $23,457

So, by considering the above information, the journal entry is as follows

Cash $23,447

Cash short and over $10

         To Sales $23,457

(Being the cash receipts and the cash sales is recorded)

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At times, employees may engage in a __________, that is, a strike without the union's consent, or a slowdown, wherein employees
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Answer:

The answer is wildcat strike

Explanation:

At times, employees may engage in a Wildcat strike that is, a strike without the union's consent, or a slowdown, wherein employees report to work but intentionally decrease their productivity.

6 0
2 years ago
The main reason there are fewer production industries than distribution or service industries is that a. there are few things pr
Assoli18 [71]

Answer:

c. production industries need a large initial investment.

Explanation:

The main reason there are fewer production industries than distribution or service industries is that production industries need a large initial investment. Production companies such as energy companies can be partitioned into gas, oil as well as coal generators, the corporations that explore, regain and clarify energy sources as well as power companies that produce effectiveness to corporations as well as individuals. Both sectors of the energy enterprise perform frequently substantial money investments. Similarly power companies, telecommunications companies need continuous investments in support in enhancement to analysis and advancement as well as product manufacturing.

8 0
3 years ago
From 2015 to 2016, the overall price level rose from 200 to 220. Over the same period, tuition rates at the local community coll
vovikov84 [41]

Answer:

We can conclude that tuition rates at the local community college are rising faster than overall inflation.

This is because from 2015 to 2016, the overall price level rose 10%, from 200 to 2020 (20 is the 10% of 200), while tuition rates rose 15% in the same period, from $100 to $115 (15 is obviously the 15% of 100).

4 0
3 years ago
You want to buy a new sports coupe for $75,500, and the finance office at the dealership has quoted you a 7.9 percent APR loan f
MAVERICK [17]

Answer:

$1,295.03

Explanation:

To find the answer, we will use the present value of an annuity formula:

PV = A ( 1 - (1 + i)^-n) / i

Where:

  • PV = Present Value of the investment (in this case, the value of the loan)
  • A = Value of the Annuity (which will be our incognita)
  • i = interest rate
  • n = number of compounding periods

Now, we convert the 7.9 APR to a monthly rate. The result is a 0.6% monthly rate.

Finally, we plug the amounts into the formula, and solve:

75,500 = A (1 - (1 + 0.006)^-72) / 0.006

75,500 = A (58.3)

75,500 / 58.3 = A

1,295.03 = A

Thus, the monthly payments of the car loan will be $1,295.03 each month.

8 0
3 years ago
Due to a number of lawsuits related to toxic wastes, a major chemical manufacturer has recently experienced a market reevaluatio
8_murik_8 [283]

Answer:

Current value = $550

Explanation:

You can solve this question using a financial calculator. I am using (Texas Instruments BA II plus)

First, since it is Semiannual coupon, adjust the interest rate to semi-annual rate and multiply  15 years by 2 since we have 2 semi annual periods per year.

<em>Note: If using the same calculator as me, key in the numbers first before the function .</em>

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Therefore the current value of this bond is $550 (rounded to whole number.)

6 0
3 years ago
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