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Mars2501 [29]
3 years ago
11

Prior to adjustment at August 31, Salary Expense has a debit balance of $322,200. Salaries owed but not paid as of the same date

total $2,550. Prepare the entries to record the following:
Business
1 answer:
Phantasy [73]3 years ago
4 0

Explanation:

The Journal entry is shown below:-

a. Salary Expense Dr,             $2,550

          To salaries payable                $2,550

(Being accrual of salary is recorded)

b. Income summary Dr,           $324,750

        To Salary expense                    $324,750

($322,200 + $2,550)

(Being closing of salary expense is recorded)

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Answer:

The supply curve will shift to the right.

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Whenever there is increase in supply of goods, due to any reasons the supply curve moves to right.

Here, as with the introduction of new technology, the cost of widgets one of the key inputs to the production of whatchamacallits, is reduced,

Accordingly, with the reduction in price of inputs the cost for manufacturers will decrease and they will produce more.

As a result the supply for the product whatchamacallits will increase, and with that the supply curve will move right.

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Correct answer is A.

2/12

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2 years ago
________is one area of strategic decision making that "considers inventory ordering and holding decisions and how to optimize th
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The correct answer is letter "C": Inventory management.

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4 0
3 years ago
Jamie’s Bakery, a small chain of eight bakeries in Altamonte Springs, Florida has recorded sales growth of 30 percent or more pe
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<h3>Answer:</h3>

Gazelle

<h3>Explanation:</h3>
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