<span>Mr. Shiftlet is a character from the story, The Life You Save May Be Your Own, written by Flannery O’Connor. In it, Mr. Shiftlet visits the Crater farm in Alabama and Mrs. Crater hires him to do repairs around the farm. From the beginning, Mr. Shiftlet's greatest desire is to obtain a car he found parked at the farm. He spends a good deal of time working on the car and wants it for himself.</span>
Answer:
$6400
Explanation:
Working capital is the net of current asset and current liabilities. it is a financial measure that gives insight into how liquid a company is considering that it shows whether or not the current assets can be used to settle the current obligations or liabilities of the company adequately.
The change in property, plant, and equipment of $48,000 is not an element of working capital, Hence change in working capital
= $8700 - $2300
= $6400
Answer:
waaaaassssssupppppppppppp
Accounting is <em>a field that is concerned with the processing, measuring, and communicating of financial information of a company.</em> If you worked in an accounting department, you would most definitely have to reconcile accounts, prepare financial statements, monitor accounting activities, and prepare an investment schedule for the organization.
You will not, however, be expected to (D) develop marketing and advertising strategies. This type of task is usually assigned to the marketing department of a company.
Answer:
Apr.8
Dr Account Receivable - Suntrust Bank $8,256
Dr Credit card expenses $344
Cr Sales $8,600
(to record sales, payment through credit card issued by Suntrust Bank)
Apr.12
Dr Account Receivable - Continental Card $7,995
Dr Credit card expenses $205
Cr Sales $8,200
(to record sales, payment through credit card issued by Continental Card)
Explanation:
The credit card expenses of the two transaction is calculated as: Sales proceed x % of fee
Thus, the sales made in 8 Apr has the credit card expenses of 8,600 x 4% =$344.
The sales made in 12 Apr has the credit card expenses of 8,200 x 2.5% =$205.
