1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vichka [17]
2 years ago
9

Which account is an example of a contra-expense account?

Business
2 answers:
Iteru [2.4K]2 years ago
5 0
Its an expense account that follows credit, not debit
muminat2 years ago
5 0

purchase returns because that was the answer i put on the same question and i got that right

You might be interested in
Kenneth Corporation expects to incur indirect overhead costs of $166,400 per month and direct manufacturing costs of $22 per uni
Eva8 [605]

Explanation:

The computation is shown below:

1.  For Predetermined overhead rate

Predetermined overhead rate = (Total estimated manufacturing overhead for 4 months) ÷ (Total number of units)

where,

Total estimated direct manufacturing cost is

= $166,400 × 4 months

= $665,600

And, the total number of units is

= 4,700 units + 8,700 units + 4,300 units + 7,900 units

= 25,600 units

So, the predetermined overhead rate is

= $665,600 ÷ 25,600 units

= $26 per unit

2. Now the allocated cost for each month is shown below:

For January

= 4,700 units × $26

= $122,200

For February

= 8,700 units × $26

= $226,200

For March

= 4,300 units × $26

= $111,800

For April

= 7,900 units × $26

= $205,400

c. Now the total cost per unit is

= $22 + $26

= $48 per unit

5 0
3 years ago
Haley romeros had just been appointed vice president of the rocky mountain region of the bank services corporation (bsc). the co
cluponka [151]

computerized database

7 0
3 years ago
Which of the following statements is false? Multiple Choice The short run refers to a period of less than one year. In the long
Jet001 [13]

Answer:

The short run refers to a period of less than one year.

Explanation:

The statements is false that the short run refers to a period of less than one year.

The short run, long run and very long run are different time periods in economics.

<u>Short run – where one factor of production (e.g. capital) is fixed</u>.

long run – Where all factors of production are variable,

Unlike in accounting where operating period refer to a period of one year, <u> there is no hard and fast definition as to what is classified as "long" or "short" and mostly relies on the economic perspective being taken.</u>

7 0
3 years ago
What is 450x12 PLZ HELP ME I NEED HELP
bulgar [2K]

Answer:

5400

quick and easy  thank u

6 0
2 years ago
What are the top three types of sole proprietorships and percentages?
Slav-nsk [51]
Self-Employed Business Owner. A self-employed business owner is someone who conducts a trade or business with the intent of making a profit. ...
Independent Contractor. ...
Franchise.
5 0
3 years ago
Other questions:
  • Adair Valley issued $20,000,000 of general obligation bonds to construct a multipurpose arena. These bonds will be serviced by a
    8·1 answer
  • __________ modules deal with issues such as setting objectives, employee performance management, and performance-based compensat
    6·1 answer
  • Why Do THe chIcKen cross da RoaD????????
    9·2 answers
  • Who is president <br> Of the United States of America
    5·2 answers
  • A(n) 11.0​%, ​25-year bond has a par value of​ $1,000 and a call price of ​$1 comma 025. ​(The bond's first call date is in 5​ y
    7·1 answer
  • Why has the use of fiscal policy declined since the recession of 2001?
    11·1 answer
  • On May 31, the following data were accumulated to assist the accountant in preparing the adjusting entries for Oceanside Realty:
    15·1 answer
  • If real income rises 4%, prices rise 1%, and nominal money demand rises 4%, what is the income elasticity of real money demand?
    9·1 answer
  • Which scheme involves telling victims that certain financial instruments have been issued by legitimate organizations, and that
    11·1 answer
  • A firm has a marginal cost of $20 and charges a price of $40. the lerner index for this firm is? 0.33. 0.20. 0.50. 0.75.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!