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valkas [14]
3 years ago
8

$800 of supplies were purchased at the beginning of the month and the Supplies account was increased. As of the end of the perio

d, $200 of supplies still remain.
Which of the following is the correct adjusting entry?

a.Supplies expense would be debited for $600.

b.Supplies expense would be debited for $200

c.Supplies would be credited for $200.

d.Supplies would be debited for $200.
Business
1 answer:
krok68 [10]3 years ago
8 0

Answer:

a.Supplies expense would be debited for $600.

Explanation:

Assuming there is no opening Inventory:

End of period supplies balance = Opening balance  + purchases in the period - Expense for the period

200 = 0  + 800 - Expense for the period

Expense for the period = 800 - 200

Expense for the period = 600

So the correct option is a.Supplies expense would be debited for $600.

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The Hutters filed a joint return for 2019. They provide more than 50% of the support of Carla, Ellie, and Aaron. Carla (age 18)
sergey [27]

Answer:

Hutters can be claim two dependents

Explanation:

we know here that Hutters can be claim two dependents

because here given Carla and Ellie as Aaron meets neither the residency nor citizenship requirement

but Carla is a qualifying relative and is under the age of 24

but Ellie is above 24 but is a qualifying relative as scholarship is non-taxable

so

we can say that answer is two

8 0
2 years ago
4. What aspect of project management was omitted from the PMI definition that is included in the definition proposed by Meredith
lukranit [14]

Answer:

Fulfilling client's expectations

Explanation:

Project management can be defined as the use of skills, tools and knowledge to effectively execute a project.

The Project Management Institute (PMI) aims to develop the project management profession.

PMI definition proposed by Meredith and Mantel has included client satisfaction as a criteria for project success.

Initially client satisfaction was not included in Project Management definition.

According to them project management is the use of skills, tools, and knowledge to meet and exceed customer expectations.

This definition now different from the previous one that focuses on meeting project specifications

6 0
2 years ago
Bonnie's coworker reports an error that Bonnie made to the manager. Bonnie is mad and gets back at her coworker by starting an u
Gekata [30.6K]

Answer:

<u>Unethical work behavior</u>

Explanation:

It is very unfortunate in many organization for such kind of scenarios to occur which could lead to dismissal from work if the  gets to know about the attitude.

Remembering that no one will be pleased totally in workplace you will have to give people the benefit of the doubt by trusting them because If we all run around mistrusting others, we end up creating a miserably unhappy business culture.

3 0
3 years ago
May 31, Novac Corp. Has net sales of $415,000 in cost of goods available for sale of $286,000 compute the estimated cost of the
BabaBlast [244]

Answer:

$24,550

Explanation:

Computation for the estimated cost of the ending inventory

Net Sales = $415,000

Gross Profit rate= 37%

Cost of goods Sold = 100%- 37% = 63%

Cost of Goods Sold =$415,000*63% = $261,450

Cost of Goods Available for sale = $286,000

Using this formula

Estimated Cost of Ending Inventory= Cost of goods available for sale - Cost of Goods Sold

Let plug in the formula

Estimated Cost of Ending Inventory = $286,000-$261,450

Estimated Cost of Ending Inventory = $24,550

Therefore the estimated cost of the ending inventory is $24,550

5 0
2 years ago
It’s in the picture pleaseee I need this today
Tom [10]

Answer:

Can you please post a clearer picture

Explanation:

If you can I might be able to help.

4 0
2 years ago
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