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daser333 [38]
4 years ago
14

Which of the following statement shows the financial position of a business entity as on date

Business
1 answer:
svlad2 [7]4 years ago
8 0

Answer:

b) balance sheet

Explanation:

Balance sheet: The assets liabilities and stockholder equity are reported in the balance sheet. The accounting equation that is displayed  below is used in this:

Total assets = Total liabilities + stockholder equity

The balance sheet debit and credit side should always be equal and balanced.  

In addition, it is always prepared on the date specified plus it is also reflects the financial position, financial performance of the company.

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Waterway Industries required production for June is 172000 units. To make one unit of finished product, three pounds of direct m
vagabundo [1.1K]

Answer:

Direct material purchase budget = 546,000  pounds

Explanation:

<em>Raw material purchase budget is determined by adjusting the raw material usage budget for opening and closing inventory of materials. </em>

Purchase budget = usage budgeted + closing inventory - opening inventory

Usage budget = Production budget × standard materials per unit

                       = 172,000 × 3 pounds= 516,000

Purchase budget =516,000  + 380,000 - 350,000=546,000

Direct material purchase budget = 546,000  pounds

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3 years ago
Ok. if a person had a 1-7 IQ would you still date them?
zhenek [66]

Answer:

I dont think so no loooool

3 0
3 years ago
4 Select the correct answer. Which of these components is a part of the Central Processing Unit (CPU) of a computer?​
scoundrel [369]

Answer:

Control unit

Explanation:

Is a part of the "Central Ptocessing Unit (CPU)" of a computar. It is considerado a a "heart of the CPU.

8 0
3 years ago
1. Identify each account as an asset​ (A), liability​ (L), or equity​ (E).
Novosadov [1.4K]

Answer:

Interest Revenue: Income, Credit balance, credit increases the balance, debit reduces such balance

Accounts Payable: Liability, Credit balance, credit increases the balance, debit reduces such balance

Calhoun Capital:  Equity, Credit balance, Credit increases the balance, debit reduces such balance

Office Supplies:  Asset, Debit balance, Debit increases the balance, credit reduce such balance

Advertising Expense: Expense, Debit balance, debit increases the balance, credit reduces such balance

Unearned Revenue: Liability, Credit balance, credit increases the balance, debit reduces such balance

Prepaid Rent: Asset, Debit balance, Debit increases the balance, credit reduces such balance

5 0
3 years ago
Madison Company's perpetual inventory records indicate that $530,470 of merchandise should be on hand on October 31. The physica
nexus9112 [7]

Answer:

$24,530

Explanation:

Journal

Oct 31

Dr Cost of Merchandise sold $24,530

Cr Merchandise Inventory $24,530

$530,470-$505,940 =$24,530

The difference between MERCHANDISE That should be on hand and physical inventory indicating MERCHANDISE that is actually on hand.

3 0
4 years ago
Read 2 more answers
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