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frez [133]
4 years ago
15

In the month of November Gavin Company Inc. wrote checks in the amount of $37,000. In December, checks in the amount of $50,632

were written. In November, $33,872 of these checks were presented to the bank for payment, and $43,532 in December. What is the amount of outstanding checks at the end of December?
Business
1 answer:
jenyasd209 [6]4 years ago
5 0

Answer:

Well the economical answer is 34, but my answer was 16.

Explanation:

Because math

You might be interested in
The unadjusted trial balance for Sierra Corp. is shown below.
Fiesta28 [93]

Answer:

1. Dr Cost of goods manufactured 2000

             Cr    supplies                             2000

2.Dr  Insurance expense  100

           Cr    Prepaid insurance     100

3. Dr Depreciation expense  75

              Cr  Accumulated depreciation   75

4. Dr unearned revenue  800

                Cr   service income      800

5. Dr Account receivable 280

               Cr     Service revenue    280

6. Dr Interest expense    70

             Cr  Interest payable     70

7. Dr Salaries expense    1400

                Cr Salaries payable   1400

Explanation:

1. At the end of reporting 500 supplies were at hand (2500-500)= 2000 used and closes in to cost of goods manufactured.

2.Prepaid insurance was 600 and expires 100 of the month.(600-100)=500 will be prepaid.

4. Revenue is earned which was unearned and collection was recorded and liability created of that amount,this is done because of matching principle.

4 0
3 years ago
With the CEO and driver of the company—Howard Schultz—stepping down as the company’s unquestioned leader, do you expect Starbuck
Komok [63]

Answer:

The short answer to that is No, Starbucks will not change its foreign market entry strategy.

Explanation:

The reasons are as follows:

  1.  did Howard Schultz lose his shares when he stepped down? This is highly unlikely and according to the rules of corporate governance may depend on his contract. So stepping down as the chairman does not necessarily translate to losing control.
  2. Corporations such as Starbucks: don't just up and change direction. Strategies are usually vetted by the board of directors. Whoever the majority shareholder is (corporate person or individual) will always have a say regarding the expansion of the business.
  3. Howard Schultz has stepped down in 2018. At that time, Starbucks had a total of 28,000 stores in 77 countries. Currently, there are 15,000 in 50 countries. This reduction didn't happen because Howard stepped down but because of the recent pandemic which hit the globe in 2020.

Cheers

8 0
3 years ago
Program Evaluation Review Technique (PERT) is a _____ technique because it analyzes a large, complex project as a series of indi
babunello [35]

Answer:

scheduling technique

Explanation:

Project Evaluation Review Technique and Critical Path

Method (CPM) are scheduling techniques used to plan, schedule,

budget and control the many activities associated with projects.

Projects are usually very large, complex, custom products that

consist of many interrelated activities to be performed either

concurrently or sequentially.

3 0
3 years ago
Which of the following is included in the M-2 definition of the money supply but NOT in the M-1 definition?
Komok [63]

The option included in the M2 definition of money supply and not in the M1 definition is money market mutual fund shares.

<h3>What is M2?</h3>

M2 definition of money supply that includes cash, checking deposits, and near money. M2 is a broader measure of the money supply  when compared with M1. It also less liquid than M1. M1 includes includes cash and checking deposits.

Here are the options:

a. Checkable deposits.

b. Currency held in banks.

c. Currency in circulation.

d. Money market mutual fund shares.

To learn more about M2, please check: brainly.com/question/13784664

#SPJ1

3 0
2 years ago
Why would you like to work for books-a-million,inc. (books a million, bookland, books and co.)?
damaskus [11]
Because I love to read and it would be a great learning experience and it would open a doorway to meet new people and discuss our favorite literature.
8 0
3 years ago
Read 2 more answers
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