Answer:
E)Debit Supplies Expense $850 and credit Supplies $850.
Explanation:
The inventory/supplies balance at the end of the period in which a count was conducted has to be adjusted to reflect the amount of stock/supplies available at the end of the period.
Given that the count indicates that there are $1,250 of supplies on hand and the book balance is $2,100,
The difference is
= $2,100 - $1,250
= $850
Entries required
Debit Supplies Expense $850
Credit Supplies $850.
Answer:
A. reliable secondary data is both scarce and difficult to
Explanation:
Primary data are data collected or retrieved from the source. These data are obtained directly by researchers from the source where the data emanate from. Examples of primary data are survey, interview, group discussion.
Secondary data are data collected by other people other than the source or user. Examples are reports, news paper articles, journals etc.
Most international researchers collects their own primary data because of the difficulty and scarcity of collecting reliable secondary data. Both types of data are important though but the difficulties in obtaining those reliable secondary data prompts the collection of primary data.
These researchers goes to the root or source of the data to be collected because their findings will eventually be relied upon by users like individuals, government, corporate organizations, schools etc. Relying on secondary data might be hard because they might have be tampered with or altered which may not reflect the true nature of the data.
The amount of $130,000 in Expenses will be the least likely to be budgeted for while building a budgetary slack.
<h3>What is a budgetary slack?</h3>
This is a special consideration in a budget that seeks to increase the chances of the actual performance being better than the budget.
Joan will likely budget for $110,000 of expenses, $210,000 of revenue and $80,000 of income.
Therefore, the amount of $130,000 in Expenses will be the least likely to be budgeted for
Read more about budgetary slack
<em>brainly.com/question/15327518</em>
Answer:
If the total of your credits exceeds the amount you owe, your statement shows a credit balance. This is money the card issuer owes you. You can call your card issuer and arrange to have a check sent to you in the amount of the credit balance.
Explanation:
Hope this help!!
