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DedPeter [7]
4 years ago
7

The don't bite me pest control company has 11,400 gallons of insecticide supplies on hand that cost $342,000; a bill from the ve

ndor for $240,000 of these supplies has not yet been paid. the company expects to earn $814,000 for its services when it uses the insecticide supplies. the company's balance sheet would include an asset, supplies, in the amount of:
Business
1 answer:
Pie4 years ago
3 0
$342,000

 Regardless if the amount of supplies has not been paid or not, it is still accounted for in the balance sheet. You would have a debit of 342,000 for supplies, credit of supplies payable of 240,000 and a credit to cash for 102,000 assuming that the difference between both amounts was paid for with cash.


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Answer:

answer is A

Explanation:

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3 years ago
What component of GDP would a consumer buying a new house affect?
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Answer:

Explanation:

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6 0
2 years ago
1) There are more final consumers than business and organizational customers, so more is purchased by final consumers. Answer: F
Stels [109]

Answer:

1. The first statement is false, since there are more middle customers than final consumers in a business. Middle customers are those entities that used the purchased product as a raw material for a further process or directly sell that to some other entity.

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3 years ago
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6 0
3 years ago
Read 2 more answers
Nicole Corporation's year-end 2017 balance sheet lists current assets of $741,000, fixed assets of $592,000, current liabilities
velikii [3]

Answer:

$106,500

Explanation:

The computation of the total stockholder equity is shown below:

Total assets = Total liabilities + stockholder equity

where,

Total assets = Current assets + fixed assets

                    = $741,000 + $592,000

                    = $1,333,000

And, the total liabilities is

=  Current liabilities + long term debt

= $533,500 + $693,000

= $1,226,500

So, the total stockholder equity is

= $1,333,000 - $1,226,500

= $106,500

7 0
3 years ago
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