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lbvjy [14]
3 years ago
14

Fruit Tech has $530,000.00 in total sales and $460,000.00 in operating expenses. What is the company’s profit?

Business
2 answers:
Hunter-Best [27]3 years ago
6 0
$70,000.00, all you have to do is subtract $460,000.00 from $530,000.00
Yuri [45]3 years ago
3 0

Answer:$70,000.00

Explanation:

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Connect the words below (In any order) and create an essay
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When technology is progressing rapidly, firms are more likely to:?
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commit themselves to fixed assets.

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3 years ago
Joseph will start school on 9/1/14. He is expected to attend school for four years and will need to pay tuition of $50,000 on Se
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Answer:

e. $153,156

Explanation:

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6 0
3 years ago
brussels enterprises issues bonds at par dated january 1, 2021, that have a $2,700,000 par value, mature in four years, and pay
Nadusha1986 [10]

The journal entry for the issuance of bonds for cash on January 1 is: Debit Cash $2,700,000, Credit Bonds payable $2,700,000.

<h3>Journal entry</h3>

1. January 1

Debit Cash $2,700,000

Credit Bonds payable $2,700,000

(To record  issuance of bonds for cash)

2. June 30

Debit bond  Interest expense $81,000

Credit Cash $81,000

($2,700,000×6%/2)

(To record  first semiannual interest payment)

December 31

Debit bond  Interest expense $81,000

Credit Cash $81,000

($2,700,000×6%/2)

(To record second semiannual interest payment)

3. December 31, 2021

Debit Bonds payable $2,700,000

Credit Cash $2,700,000

(To record  payment of bonds payable)

Therefore the journal entry for the issuance of bonds for cash on January 1 is: Debit Cash $2,700,000, Credit Bonds payable $2,700,000.

Learn more about journal entries here:brainly.com/question/14279491

#SPJ1

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