1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
deff fn [24]
3 years ago
8

If Bojana Tax Services' office supplies account balance on March 1 was $1,400, the company purchased $675 of supplies during the

month, and a physical count of supplies on hand at the end of March indicated $1,250 unused, what is the amount of the adjusting entry for office supplies on March 31?
Business
1 answer:
worty [1.4K]3 years ago
3 0

The amount of the adjusting entry for office supplies on March 31 shall be $825.

<u>Explanation</u>:

Calculation of the amount of the adjusting entry for office supplies on March 31:  

It is given that office supplies account balance on March 1 was $1,400,  

The organization bought $675 of provisions during the month, and  

A physical check of provisions close by toward the finish of March demonstrates $1,250 unused.  

It implies the Supplies utilized was (1400+675-1250) = $ 825  

Consequently, the measure of adjusting entry for office supplies on March 31 will be $825.

You might be interested in
When determining how much help is needed to write the business plan an entrepreneur should conduct a self-assessment. In this se
abruzzese [7]

venture capital would not be considered

<h3>What is venture capital?</h3>

Venture capital is a type of private equity financing provided by venture capital firms or funds to startups, early-stage, and emerging companies with high growth potential or that have demonstrated high growth.

Venture capital is money put into startups and small businesses that are high risk but have the potential for exponential growth. A venture capital investment seeks a high return for the venture capital firm, typically in the form of a startup acquisition or an IPO.

To know more about venture capital follow the link:

brainly.com/question/18776651

#SPJ4

5 0
1 year ago
On November 30, the company received an invoice from the electric company for $200. The company will pay the invoice in December
harkovskaia [24]

Answer:

Utility expense Dr.                      $200

  Accounts payable Cr.                $200

(To record the entry for electric expense)

Explanation:

Given the amount of the invoice = $200

The expenses like Electricity expenses come under utility expenses so the incurred electricity expense will show that the utility expenses are debited and account payable is credited. Here the account payable is credited because the is not paid.

Thus, below is the entry as on 30th November.

Utility expense Dr.  $200

  Accounts payable Cr.    $200

(To record the entry for electric expense)

8 0
3 years ago
Layla made a snide remark to her colleague that he "looks at the customer like henry ford probably did." what did she mean by su
Anarel [89]
She made a snide remark means she's looking to her colleague in a negative or insulting way. If her action is can be compared with how he looks at the customer like henry ford probably did.

Henry Ford is a well-known businessman. What Layla tried to show is that she collogue should treat well their customer because of the source of their money or company's income. 
8 0
2 years ago
A group of athletic shoes in a shoe factory are partially completed but still lack their innersoles and shoestrings. these shoes
gogolik [260]
<span>These would be work in-progress inventory. They are further along in production than the basic raw materials, but are not completed to the point where they could be put out for sale as finished goods. They are still requiring some work to get to this point.</span>
5 0
3 years ago
1. Briefly describe laissez-faire economic policies in the Gilded Age.
pickupchik [31]

Answer:

1. The Gilded Age is referred to as the period between 1870 and the early 1900s. It was an era characterized by rapid industrialization, laissez-faire capitalism, and zero income tax. Capitalists resisted government intervention and Captains of industry like John D. Rockefeller and Andrew Carnegie made fortunes.

The government on the other hand began to seriously shape labor policies

The Laissez-Faire (which is derived from the french word let them be or let them do what they want) was a combination of free-market ideologies, limited government intervention, and social Darwinism.

The liberals also resisted the government's initiatives to made lives better for citizens. They believed that by intervening in the social condition of people, they (especially the African Americans) would not be able to attain their full economic potential which can only be done through competition

Another policy that they imbibed was one that promoted the ability of the individual and the business owner to freely enter into labor agreements

 

2. These liberal policies enabled businesses within that region to expand as entrepreneurs were able to take more risks and invest within the economy

It provided people with the greatest incentive for capitalists to create wealth. This is one of the reasons the economic boom happened.

3. One major similarity between the economic policies in the Jacksonian Era and those of the Gilded Age is that they both promoted liberal trade.

One major feature of the Jacksonian economy is that it triggered a high level of the inflationary boom between 1832 and 1837. This inflationary condition is said to be the fall out of mismanaged policies throughout the administration of President Andrew Jackson.

Cheers

7 0
2 years ago
Other questions:
  • When an economy operates at its long-run potential output level,?
    12·1 answer
  • Which of the following statements is FALSE?a. Electronic procurement systems can aid a company in saving both time and money.b.
    12·1 answer
  • The Baldwin company will sell 100 units (x1000) of capacity from their Bid product line. Each unit of capacity is worth $6 plus
    15·1 answer
  • When problems arise, you may talk to your supervisor or use the company’s ___________. A. Employee benefits B. Litigation policy
    5·1 answer
  • You are on your way to meet with your manager about changing your work schedule, when you see a spill on the floor. what would y
    5·1 answer
  • All​ organizations, including service firms such as banks and​ hospitals, have a production function.
    14·2 answers
  • Linda is a qualifying widow in 2018. In 2018, she reports $80,000 of taxable income (all ordinary). What is her gross tax liabil
    5·1 answer
  • Blackmon Brothers law firm used 165 legal pads over the last three weeks (15 days). It takes them three days to get more, and th
    8·1 answer
  • A supplier to Ford stamps out parts using a press. Changing a part type requires the supplier to change the die on the press. Th
    7·1 answer
  • What is the result of subtracting the project costs from the benefits and then dividing by the costs
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!