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KatRina [158]
3 years ago
12

A credit card balance represents

Business
2 answers:
Rashid [163]3 years ago
7 0
The correct answer will be A a debt owed to a creditor. 

A credit card balance represents a debt owed to a creditor.

BARSIC [14]3 years ago
6 0
A credit card balance represents a debt owed to a creditor.


There is such thing as a credit card debt. :)


Hope this helps!!

-if you're still confused, feel free to message me or comment below
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Inventory Valuation under Absorption Costing
GarryVolchara [31]

Answer:

1. There are 2,600 units in ending inventory.

2. Costs per unit under absorption costing $ 123

3.Value of ending inventory  $  319,800

Explanation:

Calculation of Ending inventory units.

Ending Inventory Units : Opening Units + Units produced - units sold

300 + 15,000 - 12700 = 2,600 units

Calculation of per unit cost under absorption costing

Under absorption costing, direct manufacturing costs as well as indirect factory overheads are considered.

Per  units costs

Direct Materials                  $ 20

Direct Labour                     $ 60

Variable overhead             $ 13

Fixed Overhead                $ 30

Total costs per unit          $ 123 under absorption costing

Calculation of ending inventory under absorption costing

The ending inventory calculated earlier of 2.600 units is multiplied by the per unit costs of $ 123 per unit to get the value of the ending inventory

$123 * 2600 units  = $ 319,800

8 0
3 years ago
A car manufacturer is considering locating an assembly plant in your region. List two simple, two intermediate, and two complex
algol [13]

Answer:Explanation:

simple problems

a. it could bring about issues of traffic congestion

b. it could also cause pollution problems in the area.

intermediate problem

a. the car manufacturer may not be allowed to site such a project of large scale as this in the region

b. the region may not be an economiCally favourable place. the car manufacturer has to check this before going ahead.

complex problem

a. getting suitable workforce with required skills to work

b. Getting storage space for vehicles that have been manufactured.

8 0
4 years ago
The Pieper Corp. recorded the accrual of a revenue by debiting Accounts Receivable and crediting Unearned Revenue. What is the e
romanna [79]

Answer:

e. Liabilities Net Income

Overstated No Error

Explanation:

Unearned Revenue is a liability account that is used to record revenue that the business has received but not yet earned because the goods and services have not yet been provided. By crediting Accrued revenue to this account, it increases it when it is not supposed to so Liabilities are overstated.

Accrued Revenue go to the Accounts Receivable section of the balance sheet to indicate that the business is owed for goods or services provided and so have nothing to do with Net Income so there is no error there.

7 0
3 years ago
Temporary investmentsa. are reported as current assetsb. include cash equivalentsc. do not include equity securitiesd. All of th
gulaghasi [49]

Answer:

D. All of the above

Explanation:

Temporary investments are investments carried out by owners of funds that wants to earn interest from their excess funds that is only available for a short term. The owners of such fund prefer to earn little interest by investing in near cash or cash equivalent investment instead of leaving his fund in an interest-free condition. Example of temporary investment is certificate of deposit and some fixed deposits instrument available for the short term.

Temporary investments are reported as current assets in the balance sheet of a business.

5 0
3 years ago
One of your sales employees is taking a trip to several conventions over the next several weeks and will need to have access to
Aleksandr-060686 [28]

Answer:

c. Airprint

Explanation:

AirPrint -

It refers to as one of the technology of Apple, which enables to generate complete output , where the process of downloading or installation is not required , is referred to as AirPrint .

It enables to get a very high quality images and document , from any apple device like the iPad , Mac , iPhone , iPod .

The feature is available in the MacOS and even in iOS operating system .  

Where the printing process is done via LAN .

The most attractive feature of AirPrint is that, it does not require any printer - specific drivers .

Hence, from the given information of the question,

The correct option is - AirPrint.

4 0
4 years ago
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