All categories

3 years ago

The following trial balance of Crane Co. does not balance.

Business

1 answer:

serious [3.7K]3 years ago

5 0

Answer and Explanation:

Cash= 3,099+180-294-294= 2691

Accounts receivable= 3,460-180=3280

Supplies =1,029-729=300

Equipment= 4,029+729=4758

Accounts payable =2,895-206-260= 2429

unearned service revenue=1,429-554= 875

Service revenue= 2,609+801+554 3964

Salaries & wage expense 3,629+899-804= 3724

Find attached

You might be interested in

Maizie files a suit against NuProducts, Inc. NuProducts responds that even if Maizie's statement of the facts is true, according

ycow [4]

Answer: 3. a motion to dismiss.

Explanation:

When a party believes that a case has no legal basis, in other words the party does not believe that what they did warrants a court case, they would file a motion to dismiss so as not to waste resources fighting something they see as frivolous.

In this case, NuProducts is essentially filing a motion to dismiss when they say that they did nothing wrong according to the law. They would prefer if the courts simply dismissed the case so that they would not incur costs to fight the case.

4 0

3 years ago

Consumers planning to buy recreational equipment tend to buy higher quality,

Nady [450]

Answer:

The answer is: B) In Boravia when the economy is strong, those who might otherwise go camping tend to take vacations overseas.

Explanation:

Usually a sustained economic growth would lead to an increase in the sales of high quality products. Hill and Dale sell high quality expensive products, so the only thing that could hurt their sales is that people don't go camping anymore. The only option that could lead to lower demand is that Boravia's economy is doing so well that its citizens can now afford to travel to other countries instead of camping.

7 0

3 years ago

A pen that costs five cents to make may cost a consumer $2 to buy. according to critics, this is an example of ________.

inna [77]

I'm not sure I believe its mark up or supply and demand

3 0

3 years ago

Read 2 more answers

Walmart visa gift card Invalid Gift Card information. Please try again in 24 hours.

Hoochie [10]

Walmart visa gift cards are the gift cards that are used to make payments just like the credit or the debit cards used. The benefit with this is that you get a gift with every purchase you make, making it attractive for the buyer.

<u>Explanation:</u>

Walmart visa gift cards are the cards that are used to make payment just like the debit or the credit card. The amount gets deducted directly from the account with every purchase the consumer makes. But the benefit of this is that you get an assured gift with every purchase you make. So this attracts the customers.

Walmart Visa gift cards are acceptable at the places where visa gift cards are acceptable throughout the United States of America and the district of Columbia. These gift cards are not acceptable internationally. These can only be used in the country to make purchases and not in other countries of the world.

6 0

4 years ago

Matlock Company uses a periodic inventory system. Its beginning inventory consists of 50 units that cost $ 34 each. On June 3, t

Luden [163]

Answer:

Matlock Company

Journal Entries:

June 3: Debit Inventory $5,100

Credit Cash $5,100

To record the purchase of inventory.

June 15: Debit Cash $6,250

Credit Sales revenue $6,250

To record the sale of goods.

June 15: Debit Cost of goods sold $4,250

Credit Inventory $4,250

To record the cost of goods sold.

Explanation:

a) Data and Analysis:

June 3: Inventory $5,100 Cash $5,100

June 15: Cash $6,250 Sales revenue $6,250

June 15: Cost of goods sold $4,250 Inventory $4,250

8 0

3 years ago