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2 years ago

The following transactions occur for the Wolfpack Shoe Company during the month of June:

Business

1 answer:

inessss [21]2 years ago

4 0

Answer:

Please see the attached snapshots for the answers.

Explanation:

Debit: Cash $30,000

Credit: Service Revenue $30,000

To record Service Revenue.

Debit: Supplies $20,000

Credit: Accounts Payable $20,000

To record purchase of supplies on account.

Debit: Salaries Expense $7,000

Credit: Cash $7,000

To record salaries Expense.

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The following purchase transactions occurred during August for Elegance Catering Service: Aug. 4 Purchased cleaning supplies for

PtichkaEL [24]

Answer:

Debit Credit

Aug 4 Cleaning Supplies 79

Accounts payable 79

(Innovation Supplies)

Aug 19 Office Equipment 4900

Accounts Payable 4900

(Office Warehouse)

Aug 23 Cleaning Supplies 209

Accounts Payable 209

( Rubble Supplies)

Explanation:

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2 years ago

There are many food carts near Mark’s university. Mark and his friends regularly buy hot dogs from Jeff’s cart. Recently, Andrea

Wittaler [7]

The demand for his hot dogs will decrease. This is because Andrea is selling things at a better price than Jeff, and Mark and his friends would probably like to try something different than hot dogs.

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2 years ago

The channels through which advertising is carried to prospective customers are advertising: Group of answer choices conduits med

viktelen [127]

The channels through which advertising is carried to prospective customers are advertising is: advertising media.

<h3>What is advertising?</h3>

Advertising can be defined as the way of creating product awareness so as to generate sales.

Hence, Advertising media tend to play an important function when it comes to creating product or brand awareness based on the fact advertising media is a channels through which advertising is carried to prospective customers.

The complete question is:

The channels through which advertising is carried to prospective customers; includes newspapers, magazines, radio, television, outdoor advertising, direct mail, social media, and the internet.

Learn more about advertising here:brainly.com/question/1658517

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11 months ago

The most obvious benefit of specialization and trade is that they allow us to

Kipish [7]

The most obvious benefit of specialization and trade is that they allow us to: <span>Consume more goods than we otherwise would be able to consume
When we do specialization, we could produce the goods that provide competitive advantage for us so we can produce that goods in a huge amount.
After that, we can trade the goods with other goods (which gives competitive advantage to other country) and trading countries could consume goods on a huge amount.</span>

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3 years ago

(1 pt.) Arna, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow. Year ended De

Natali5045456 [20]

Answer:

A.2013 $20,560

B.2014 $23,125

Explanation:

2013 inventory at base amount ($22,140 ÷ 1.08)$20,500

2012 inventory at base amount(19,750)

Increase in base inventory $750

2013 inventory under LIFO

Layer one ($19,750 × 1.00)$19,750

Layer two ($750 × 1.08)810

Total $20,560

2014 inventory at base amount ($25,935 ÷ 1.14)$22,750

2013 inventory at base amount(20,500)

Increase in base inventory $2,250

2013 inventory under LIFO

Layer one ($19,750 × 1.00)$19,750

Layer two ($750 × 1.08)810

Layer three ($2,250 × 1.14)2,565

Total $23,125

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3 years ago