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Bas_tet [7]
3 years ago
5

The amount of cash to be reported on the balance sheet at June 30 is the

Business
1 answer:
drek231 [11]3 years ago
7 0

Answer:

The answer is C.

Explanation:

It will not be proper to just choose the balance in the cash ledger or the one in the bank because the balance as per the cash ledger in the book might be different from the balance in the bank statement in the bank.

So to eliminate this differentiation, bank reconciliation needs to be done. After this reconciliation has been carefully done, the adjusted cash balance in the reconciliation will be used.

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Strongheart Enterprises anticipated selling 27,000 units of a major product and paying sales commissions of $6 per unit. Actual
frozen [14]

Answer:

$6,400 U

Explanation:

With regards to the above information, we would calculate first the earned value.

Earned value

= Actual activity × Budgeted value

= $27,500 × 6

= $165,000

Now, we would compute the cost variance.

Cost variance

= Earned value - Actual blue

= $165,000 - $171,400

= $6,400 U

Here, we have an unfavourable variance because the company incurred more of the cost than it should be .

7 0
3 years ago
From the following ledger balances, prepare a trial balance for the Whispering Winds Corp. at June 30, 2022. All account balance
bonufazy [111]

Answer:

Realidades 2 WKBK page 109

Explanation:

Realidades 2 WKBK page 109

5 0
2 years ago
abbie is an unmarried individual who earned a gross income of $74827 last year. she make $3839.31 in ira contributions, donated
musickatia [10]
42,750 = gross income standard deduction reduces your taxable income - 5700.00 exemption acts like a tax deduction, reducing taxable income - 3650.00 IRA contributions are tax deductible - 537.56 donating to charity is tax deductible - 918 mortgage interest payments are tax deductible - 1351.35 income NOT taxable - 5700 + 3650 + 537.56 + 918 + 1351.35 = 12,156.91. 42,750.00 - 12,156.91 = 30,593.09 <---taxable income I think I did this correctly, but just in case, you might want to get a second opinion :)
8 0
3 years ago
Without _____, leaders can miss important signals that something is going wrong. question 2 options:
lisabon 2012 [21]
<span>Without feedback, leaders can miss important signals that something is going wrong.
</span><span>A communication path between them and their employees (a feedback) is very important in order the leaders to be successful and to achieve the desired results and goals.</span>
4 0
3 years ago
In March, Stinson Company completes Jobs 10 and 11.
mario62 [17]

Answer:

The journal entries are as follows:

(i) On March 31,

Finished Goods A/c Dr. $56,400

           To Work in Process        $56,400

(To record the completion of the two jobs)

(ii) On March 31,

Cash A/c Dr. $38,000

  To sales                    $38,000

(To record the sale Job 10)

(iii) On March 31,

Cost of goods sold A/c Dr. $21,400

            To finished goods                 $21,400

(To record the cost of the job sold)

8 0
3 years ago
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