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12345 [234]
3 years ago
7

Consider the following accounts:

Business
1 answer:
bonufazy [111]3 years ago
5 0

Answer:

Only 1

Service Revenue

Explanation:

Dividends are debited against net income after taxes, and increase only if credited. As the dividends are recorded as liability till they are not paid in account dividend payable, but individually dividend account has debit balance.

Insurance Expense, as said all expenses are debited.

Will only increase when it will be debited.

Cash account displays an asset, and all assets have debit balance and therefore, it will increase with debit only and not with credit.

Service Revenue is an income and incomes are credited, therefore, it will increase with every credit.

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The Income Summary account, for Wise Tools appears below. Based on the data contained in the account, determine which of the sta
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Answer:

Wise Tools will report a $1,000 net loss for the period ending 12/31.

Explanation:

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Add Ending inventory $9,000

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Therefore the correct statements Wise Tools is:

Wise Tools will report a $1,000 net loss for the period ending 12/31.

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All of the following should be considered before enrolling in a 529 plan except which
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3 years ago
The rate established prior to the beginning of a period that uses estimated overhead and an allocation factor such as estimated
soldi70 [24.7K]

Answer:

This is the Predetermined overhead rate

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Who will most likely have the lowest credit score?
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