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n200080 [17]
3 years ago
7

When cash sales and bankcard sales transactions are recorded in the cash receipts journal, a check mark is placed in the Posting

Reference column to indicate the amounts are not to be posted individually.1. True2. False
Business
1 answer:
TiliK225 [7]3 years ago
8 0

Answer:

The answer is false.

Explanation:

If a a check mark is placed in the Posting Reference column after the cash sales and bankcard sales transactions are recorded in the cash receipts journal, it means are the transactions have been posted to their respective accounts(i.e cash sales account and bank card sales account)

A check mark denotes 'YES'. or 'TRUE'.

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EB12.
mote1985 [20]

Answer:

The cost assigned to Job 7 at the end of the week is 5,700 dollars.

Explanation:

In job order costing the cost that is to be assign to a specific order is sum of actual direct material cost and actual labour cost require to perform that job. Factory overheads are also added to the job cost on the basis of allocation method (on basis of budgeted applied OH rate).

So Following costs will be assign to Job 7.

RAW materail = $ 700

Labor Cost     = $ 3000

Overhead      = $ 2000 (10* 20)

Total Cost    = $ 5700

4 0
3 years ago
Ruby, age 50, is considering going back to school. She would like to retire at age 67. She currently earns $50,000 per year. If
weeeeeb [17]

Answer:

Ruby should go to college.

Explanation:

Ruby is currently 50 years old and earning $50,000 per year.  

She would like to retire at 67.  

She is thinking of going back to college, to complete a graduate degree.

After completing a graduate degree from the college she would earn $55,000.

The total cost of a graduate degree is $75,000.  

Ruby still has 17 years to work and earn.  

Her income will increase by $5,000 after college

The increase in income earned after college until retirement

= $5,000 \times 17

= $85,000

Since the increase in income is greater than the cost of going to college, Ruby should go to college.

4 0
3 years ago
A(n) ________ strategy focuses on new market and product development, innovation, and joint ventures. privatization external gro
Stolb23 [73]

Answer:

Internal growth.

Explanation:

Internal growth strategy is one that uses internal resources to develop a company internally. It focuses on increasing efficiency, hiring the right people, new product development, and better marketing.

Internal growth is also known as organic or natural growth. Growth results in increased profit which is now reinvested in the business.

6 0
3 years ago
Analyzing and Reporting Financial Statement Effects of Transactions M.E. Carter launched Carter Company, a professional services
Aleonysh [2.5K]

Answer:

$18,000

Explanation:

To find the Sales Revenue we simply add the $12,000 cash received immediately, and the $30,000 received as partial payment, totalling $42,000.

Then, we simply complete the proposed income statement:

Income Statement for the Month Ended in March 31

Sales Revenue               $42,000

Rent Expense                  $9,600

Wage Expense                $14,400

Net Income                      $18,000

Net Income is equal to Revenue - expenses.

7 0
3 years ago
During Carl’s first semester in college, he walks through his student union building everyday on his way to classes. At the begi
torisob [31]

Answer:

perceptual screen

Explanation:

According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question Carl has most likely created a perceptual screen to shield him from all the competing messages. This term refers to a psychological window through which we interact with people that influences the quality, accuracy and clarity of the communication. Which seems to be the case with Carl, and why he no longer notices new groups or signs.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
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