Answer:
B. Investing in stocks, bonds, and a mutual fund
Explanation:
It is <span>hoped that this Integrated Marketing Communication program will provide a great start in the market.
It is an idea of showcasing interchanges arranging that perceives the additional estimation of the extensive arrangement that assesses the key parts of an assortment of correspondence disciplines. It consolidates all components of advancement blend into one thorough and bound together procedure. The thought is to utilize every single limited time device and assets to make a brand picture.
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If Petty Cash is not replenished at the end of the accounting period:
- the balance sheet would show an overstated cash asset.
- expenses would not be recorded in the period in which they were incurred.
- the income statement would reflect a net income amount that was too high.
<h3>What happens when petty cash is not replenished?</h3><h3 />
Because the cash that was meant to go to the petty cash was not taken from the cash account, this account will have more than it should (overstated).
The expenses which were incurred and recorded in the petty cash would not be accounted for which means that the income would be overstated as these expenses were not deducted from it.
Find out more on the petty cash at brainly.com/question/17439772.
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Answer:
$52,500
Explanation:
Warranty cost are the cost associated with the repair or replacement of a product in case it does not perform as intended after purchase.
It is debited to the warranty expenses account and credited to the warranty liability account.
Total sales for the year - $3,000,000
Warranty estimate basis - 4%
Estimated warranty - 3,000,000 * 4% = $120,000
Warranty cost incurred = $67,500
Balance to be recorded for the year = 120,000 -67,500
$52,500
