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TEA [102]
3 years ago
8

Quality Move Company made the following expenditures on one of its delivery trucks: Mar. 20. Replaced the transmission at a cost

of $1,890. June 11. Paid $1,350 for installation of a hydraulic lift. Nov. 30. Paid $55 to change the oil and air filter. Prepare journal entries for each expenditure. If an amount box does not require an entry, leave it blank.
Business
1 answer:
AfilCa [17]3 years ago
4 0

Answer and Explanation:

The Journal entry is shown below:-

March 20

Accumulated depreciation - Delivery Truck Dr, $1,890  

    To Cash $1,890

(Being the replacement of transmission and capitalizing the transmission cost is recorded)  

June 11

Delivery Truck Dr, $1,350  

      To Cash $1,350

(Being the installation of hydraulic lift and capitalization of installation expenses is recorded)  

November 30

Repairs and Maintenance Expense Dr, $55  

       To Cash $55

(Being the payment for changing the oil and air filter is recorded)

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seraphim [82]

Answer:

B. immediately recall the product.

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Once the product is recalled, then further investigation can be carried out. First is to determine what might be the root cause of the issue. This is done by questioning those that are in charge of the production processes. After different and diverse answers to questions, then I can streamline the answers to those we considered as the root cause of the problem to minimum before proffering necessary measures to be carried out in order to prevent the issue from occurring in the future.

The next step will be the implementation of the measures. If the measures that were put in place were able to solve the safety issue, then we can document and validate it so that can it can be referenced to in future in case of similar occurrence.

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3 years ago
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The problem of bankruptcy is associated with misuse of credit in the ______________ component of financial planning.
MrRissso [65]

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Making a plan for your future, specifically one that addresses how you will handle your finances and be ready for any potential expenses and problems is known as financial planning.

Policy creation in relation to borrowing and lending, cash management, and other financial activities results from financial planning. Such policies will aid in making crucial decisions for the management of capital and achieving financial activity coordination.

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2 years ago
While her team was developing an eco-friendly cleaning wipe, Jackie suggested using a particular material, which triggered Jamal
Anvisha [2.4K]

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5 0
3 years ago
Within each retail establishment of Kmart, external
user100 [1]

Answer:

​the correct answer is Limited-service wholesalers

Explanation:

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8 0
3 years ago
Beginning inventory, purchases, and sales for Item Zeta9 are as follows:
Taya2010 [7]

Answer:

(a) The cost of goods sold on October 24

: $552

(b) The inventory on October 31: $532, (with 19 units)

Explanation:

The company uses a perpetual inventory system and using the first-in, first-out (FIFO) method for Item Zeta9, the answers are explaned with the help of the attached file:

The Cost of goods sold on October 24: $300+$252=$552                              

Download xlsx
5 0
4 years ago
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