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Nikolay [14]
4 years ago
12

The following information pertains to Blossom Company.

Business
1 answer:
melamori03 [73]4 years ago
4 0

Answer:

Explanation:

(A) The preparation of the  bank reconciliation statement on July 31, 2017 is presented in the spreadsheet. Kindly find the attachment below:  

(B) The journal entries are shown below:

Cash A/c Dr $2,576

   To Accounts receivable $,2576

(Being cash is collected)

Bank service charges expense A/c Dr $51

      To Cash A/c                                  $51

(Being bank service charges paid)

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Which of the following statements supports multiple sourcing:
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Answer:

Concerns exist about supplier capacity for future volume.

Explanation:

The multisourcing is a method in which the supplier base is expanded increasing the actual number of suppliers, because the needs of the company are increasing.

Advantages:

-Alternative sources of materials in case of delivery stoppage by a supplier.

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Disadvantages:

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3 years ago
Ayala Architects incorporated as licensed architects on April 1, 2017. During the first month of the operation of the business,
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Answer:

Ayala Architects

General Journal

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Credit : Common Stock $18,270

April 1

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Journal entry for the transactions have been prepared above.

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Which of the following statements is not true regarding physical properties and changes? 
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The answer, in my opinion, has to only beB
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How can business owners attract qualified laborers and prevent employee turnover?
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How does an increase in income increase tax revenue​
earnstyle [38]

Answer:

An increase in income will increase tax revenue because the more taxes and tax write-offs will lead to more in tax returns.

Explanation:

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