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3 years ago

Which of the following phrases describes money?

Business

1 answer:

ss7ja [257]3 years ago

6 0

D.The standard of value

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Claire is the head of product design for her company. She has to create the layout for the next generation of smartphones. She h

Mars2501 [29]

I Think The answer is c I hope it helps Trying To help others

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3 years ago

Read 2 more answers

Nishi Corporation prepares financial statements for each month-end. As part of its accounting process, estimated income taxes ar

choli [55]

Answer:

1. $4,100

2a. Dr Income tax Expense $4,100

Cr Income tax payable $4,100

2b. Dr Income tax payable $33,926

Cr Cash $33,926

Explanation:

1. Calculation to Determine the amount of the accounting adjustment

Income tax payable for quarter 4 $33,926

Less: Unadjusted balance in Income tax payable account $29,826

Accounting adjustment to be done as on Dec 31 $4,100

2a. Preparation of journal entries to record December 31

Adjustment to the Income as on Dec 31

Dr Income tax Expense $4,100

Cr Income tax payable $4,100

2b. Preparation of the Journal entry to record later January 20 payment of the fourth-quarter taxes.

January 20 payment of the fourth-quarter taxes.

Dr Income tax payable $33,926

Cr Cash $33,926

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3 years ago

Research and development, production, marketing and sales, and customer service are all examples of _____.

Vinil7 [7]

<span>They are all examples of primary activities. They are a part of Michael Porter's value chain, and they provide an edge to the company that performs them. They aim to make a value that outvalues the cost of performing the activities, and make the company a profit as a result.</span>

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3 years ago

Bramble Corp. on July 15 sells merchandise on account to Sheridan Company for $4000, terms 3/10, n/30. On July 20 Sheridan Compa

Vaselesa [24]

Answer:

Amount of cash flow will be $2328

So option (B) will be the correct answer

Explanation:

We have given total merchandise = $4000

And return merchandise = $1600

Here $\frac{3}{10}$ means if Sheridan Company makes the payment within 10 days then he will get discount of 3 % as in the question he makes the payment within 10 days so he will will get 3 % discount

Now amount of cash received = total merchandise - return merchandise

= $4000 - $1600 = $2400

Now discount is 3 %

So after discount amount received $=2400-2400\times 0.03=2400-72=$2328$

So option (B) will be the correct answer

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3 years ago

What makes australian economy so prosperous?

Setler79 [48]

<span>Capitalist economic policies caused Kenya's economy to prosper.</span>

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3 years ago