Sam files a suit against laura. the document that informs laura that she is required to respond is

Simmons Consulting Co. has the following accounts in ts ledger Cash: Accounts Receivable Supplies: Office Equipment Accounts Pay

Alchen [17]

Answer:

Simmons Consulting Co

General Journal

Oct 1

Rent Expense $4,800 (debit)

Cash $4,800 (credit)

Paid Rent Expense

Oct 3

Advertising expense $2,500 (debit)

Cash $2,500 (credit)

Paid Advertising Expense

Oct 5

Supplies $1,390 (debit)

Cash $1,390 (credit)

Paid for Supplies

Oct 6

Office equipment $10,670 (debit)

Office Equipment Accounts Payable $10,670 (credit)

Bought Office equipment on credit

Oct 10

Accounts Receivable $19,730 (debit)

Cash $19,730 (credit)

Received payment from accounts

Oct 15

Cash $59,480 (debit)

Accounts Payable $59,480 (credit)

Made payment to Accounts Payable

Oct 27

Miscellaneous Expenses $530 (debit)

Cash $530 (credit)

Paid for Miscellaneous Expenses

Oct 30

Utilities expense $220 (debit)

Cash $220 (credit)

Paid for telephone bill

Oct 31

Cash $538,620 (debit)

Fees Earned $538,620 (credit)

Cash received for Fees Earned

Oct 31

Utilities expense $1,540 (debit)

Cash $1,540 (credit)

Paid for electricity bill

Oct 31

Drawings $56,700 (debit)

Cash $56,700(credit)

Cash drawings by owner

Explanation:

I have prepared the journals and their narrations, see the above.

8 0

3 years ago

Each of the following represents a good habit if you’re trying to prevent ID theft EXCEPT…

Eddi Din [679]

Answer:

The correct answer is letter "C": Using one very secure password for all of your major financial accounts.

Explanation:

Using one password -regardless of how secure it could be- for all the different accounts an individual might have increases the chances that in front of identity theft, the attacker will get the most of the individual's financial assets. It is recommended to have different passcodes with different accounts and avoid using personal information within the passwords.

5 0

3 years ago

The following selected transactions relate to cash collections for a firm that maintains a $100 change fund at all times. Presen

san4es73 [151]

Answer:

a. Dr Cash $ $4,958

Dr Cash over and short $123

Cr Sales $5,081

b. Dr Cash $3,512

Cr Cash over and short $13

Cr Sales $3,499

Explanation:

a) According to the given data we hace the following:

Actual Cash in register $5,058 and cash receipts $5,081

$5,058-$100=$4,958

Therefore, Dr cash over and short=$5,081-$4,958=$123

Therefore, the journal entry would be as follows:

Dr Cash $ $4,958

Dr Cash over and short $123

Cr Sales $5,081

b) Actual cash in cash register $3,612 and cash receipts $3,499

$3,612-$100=$3,512

Therefore, Dr cash over and short=$3,512-$3,499=$13

Therefore, the jorunal entry would be as follows:

Dr Cash $3,512

Cr Cash over and short $13

Cr Sales $3,499

3 0

4 years ago

__________ is a part of the HR planning process that refers to identifying and examining the organization’s external environment

ozzi

Answer:

The correct answer is letter "D": Environmental scanning.

Explanation:

Environmental scanning involves the set of acts companies take to study the events happening inside and outside the firm so the impact of those actions can be measured. Environmental scanning is important for every organization since the environment both internal and external of the company is rapidly changing and by measuring those changes, firms can create contingency plans to keep on track pursuing their objectives.

3 0

4 years ago

Using the taylor rule, if the current inflation rate equals the target inflation rate and real gdp equals potential gdp, then th

Marrrta [24]

Using Taylor's rule, if the current inflation rate equals the target inflation rate and real GDP equals potential GDP, then the target federal funds rate equals the current inflation rate plus the real equilibrium federal funds rate.

Inflation can be defined as an increase in prices, which can be translated as a decrease in purchasing power over time. The rate of decline in people's purchasing power can be reflected in the increase in the average price of a selected basket of goods and services over a period of time. An increase in price, which is often expressed as a percentage, means that one unit of currency is effectively buying less than it did in the previous period. Inflation can be contrasted with deflation, which occurs when prices fall and people's purchasing power increases.

You can learn more about inflation here brainly.com/question/28190771

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3 0

2 years ago