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11111nata11111 [884]
2 years ago
9

A student who is interning with your company made some updates to the music video project schedule. Unfortunately, he is still l

earning about Microsoft Project and has entered some information incorrectly. You need to correct the problems with the project schedule before distributing it to your team.
Business
1 answer:
sladkih [1.3K]2 years ago
5 0

Answer:

Explanation: The update made to the music video project schedule can be corrected thus:

1. Open the project schedule file

2. Review the source document of the project schedule

3. Based on your knowledge of the project, find the errors in the project schedule and correct them.

4. Make corrections based on your study of the schedule

5. Save the adjusted schedule with a new name and close the file.

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Compute the payback for each of these two seperate investments:
fredd [130]

Answer:

a. 2.23

b. 3.21

Explanation:

a. Answer to Part A

Payback Period = Investment / Annual Cash Inflow

= 250000 / 112115

= 2.23

Answer to Part B

Payback Period = Investment / Annual Cash Inflow

= 200000 / 62375

= 3.21

Working Note

<em>Particulars                Case A     Case B </em>

After Tax Income  72115         39000

Add: Depreciation  40000       23375

Cash Inflow             11,2115         62375

<em>Particulars              Case A           Case B </em>

Cost of Machine     250000        200000

Less: salvage Value  10000         13000

Depreciable Value   240000        187000

Life of the Asset           6                  8

Annual Depreciation 40000         23375

8 0
2 years ago
Which of the following journal entries represents an increase in accounts payable correctly
PtichkaEL [24]

Answer:

C) Inventory xxx Accounts Payable xxx

Explanation:

Accounts payable is a liability, and a liability always has a credit balance, as the amount is due to them. The company needs to pay them back.

Accordingly the company buys inventory and the inventory is an asset and thus, the company will debit the inventory account.

Whenever any purchases are made, or any service is utilized on credit then the company creates an accounts payable as a liability as against it.

8 0
2 years ago
Once an initial sale has been made by an outside​ salesperson, inside salespeople are often asked to​ ________.
Lapatulllka [165]

Answer:

provide ongoing customer​ support, service, and be alert for new sales opportunities

Explanation:

8 0
3 years ago
a benefit in receiving a higher education that comes from outside of yourself such as greater job opportunities would be called
Paul [167]

Answer:

Motivational benefit

Explanation:

Remember, anything that brings you a certain level of push towards an expected end is a motivation. For example, having greater job opportunities sets one apart from others, which may lead to a better standard of living which creates a motivational benefit

Thus, we notice may notice many parents encouraging/motivating higher education for their children because of the perceived benefits they believe in so much.

5 0
3 years ago
During 2021, its first year of operations, Pave Construction provides services on account of $160,000. By the end of 2021, cash
ArbitrLikvidat [17]

Answer:

1. December 31, 2021

Dr Uncollectible amounts $12,500

Cr Allowance uncollectible amounts $12,500

2a. Dr Allowance uncollectible amounts $10,000

Cr Accoutns receivables $10,000

2b $2,500

Explanation:

1. Preparation to Record the adjusting entry for uncollectible accounts on December 31, 2021.

December 31, 2021

Dr Uncollectible amounts $12,500

Cr Allowance uncollectible amounts $12,500

[($60,000-$110,000)*25%]

(To record allowance)

2a. Preparation of the journal entry to Record the write-off of accounts receivable in 2022

Dr Allowance uncollectible amounts $10,000

Cr Accoutns receivables $10,000

(To Record the write-off of accounts receivable in 2022)

2b. Calculation to determine the balance of Allowance for Uncollectible Accounts at the end of 2022

Balance of the allowance accounts=[ 60,000-110,000)*25%] -$10,000

12,500 - 10,000 = 2,500

allowance uncollectible amounts 15,000 debit

accoutns receivables 15,000 credit

--to record write-off 2022--

8 0
2 years ago
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