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lesya [120]
4 years ago
8

The trial balance for Swifty Corporation appears as follows:

Business
1 answer:
Shkiper50 [21]4 years ago
8 0

Answer:

Explanation:

The adjusting entry for supplies is shown below:

Supplies expense A/c Dr    $115

    To supplies A/c                              $115

(Being adjusted entry recorded)

The trial balance show a supplies balance of $148 and the supplies on hand were $33, so the adjusted supply balance would be equal to

=  Supplies balance - supplies on hand

= $148 - $33

= $115

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Answer:

12.8%

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Instructions on how to creae and maintained planned maintenance system schedules using sked appendix
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8 0
1 year ago
Sheridan Company had these transactions pertaining to stock investments: Feb. 1 Purchased 2160 shares of Ayayai Company (10%) fo
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3 years ago
If a firm is making an economic profit of zero:__________.
kati45 [8]

Answer:

The correct answer is letter "D": the firm should change to a different line of business.

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Economic profit is the difference between the revenue a firm earns from sales and the firm's total opportunity costs. It is important to distinguish between accounting profit and economic profit. Accounting profit is total revenue minus the explicit costs of producing goods or services. Economic profit includes the opportunity costs a company losses or gains by choosing a route to pursue revenue. If a firm has an economic profit of zero, it implies the company should start looking for alternative ways to generate income.

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You want to have $5 million when you retire in 40 years. you believe you can earn 9 percent per year on your investment. how muc
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You sure invest 150.00 every two weeks out of your pay check
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