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bagirrra123 [75]
2 years ago
13

The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of December 31, 2015.

Business
1 answer:
pishuonlain [190]2 years ago
4 0

Answer:

See explanation section

Explanation:

See the images to get the answer

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What’s all the random signs for?
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Calculate the total dollar of each sale. including invoiceid, invoicedate
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3 years ago
A company's Inventory balance at the end of the year was $204,200 and $218,000 at at the beginning of the year. Its Accounts Pay
dalvyx [7]

Answer:

$718,400

Explanation:

For computation of total amount of cash payments first we need to find out the decrease in merchandise, purchases and increases in accounts payable which is shown below:-

Decrease in merchandise = Balance at the beginning of the year - Balance at the end of the year

= $218,000 - $204,200

= $13,800

Purchases = Cost of goods sold - Decrease in merchandise

= $738,000 - $13,800

= $724,200

Increase in Accounts Payable = Accounts Payable balance at the end of the year - Accounts payable at the beginning of the year

= $102,000 - $96,200

= $5,800

Cash paid for merchandise = Purchases - Increase in Accounts Payable

= $724,200 - $5,800

= $718,400

6 0
2 years ago
A bank with a negative repricing (or funding) gap faces refinancing risk. Group of answer choices True False
guajiro [1.7K]

Answer:

True

Explanation:

hope this helps :(

3 0
2 years ago
barber charges $20 per haircut. The total cost for running his home-based business is $4,000 per month, which includes his salar
Lelu [443]

The minimum price that the barber must charge <em>to increase his salary to $4,000</em> for each of the 200 haircuts is <em>A. $25.</em>

Data and Calculations:

Charge per haircut = $20

Total cost per month = $4,000

Monthly salary = $3,000

Other costs per month = $1,000 ($4,000 - $3,000)

Minimum number of haircuts per month = 200

Expected monthly salary per month = $4,000

Total new monthly expenses = $5,000

Minimum price to charge per haircut = $25 ($5,000/200)

Thus, the minimum price that the barber must charge <em>to increase his salary to $4,000</em> without increasing the number of haircuts is $25.

Learn more: brainly.com/question/14872023

6 0
2 years ago
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