Answer:
Part 1
<u>Cash Account</u>
$
<u>Debit :</u>
Receive cash from customers 15,000
Sale of Equipment 8,000
Bank Loan 4,000
Totals 27,000
<u>Credit :</u>
Pay cash for employee salaries 9,000
Rent 3,000
Utilities 1,000
Advertising 7,000
Ending Balance 7,000
Totals 27,000
Part 2
Ending Balance is $7,000
Explanation:
Only Cash related purchases and receipts are posted to Cash Account. Thus ignore non-cash related transactions.
The Cash Account : Receipts are posted at the Debit side of this Account and Payments at the Credit Side.
The Balance : After determining the Totals of the Debit and Credit, the shortfall of any of that side represents the Balance.
The answer to the question "Which element of policy making is government recognition that a problem is worthy of intervention" is the Agenda Setting. Or others would call this as agenda setting theory. This is also how the media interacts with the audience and convince them to do something.
Answer:
$40,500
Explanation:
The computation of the total fixed cost is shown below:
= Factory building rent + Factory maintenance salaries + Factory supervisor’s salary, + depreciation expense + advertising cost
= $8,500 + $7,200 + $15,000 + $6,000 + $3,800
= $40,500
We simply applied the above formula So that the total fixed cost could come and the same is to be considered
Answer:
70% paid in the month of expenses and remaining paid in next month i.e. (78,400 - 10,000) * 70% = 47,880. (78,400 - 10,000) * 30% = 20,520.
Explanation:
Answer:
C. Jones may not join the board because the rules prohibit all firm professionals from serving as a director of a client.
