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
BigorU [14]
4 years ago
11

Silver Co. has a $400 petty cash fund. At the end of the first month the accumulated receipts represent $63 for delivery expense

s, $207 for merchandise inventory, and $32 for miscellaneous expenses. The fund has a balance of $98. The journal entry to record the reimbursement of the account includes a:
Business
1 answer:
lutik1710 [3]4 years ago
3 0

Answer:

Credit to cash for $302

Explanation:

Account Titles and Explanation                        Debit       Credit

Delivery expenses                                               $63

Miscellaneous inventory                                      $207

Miscellaneous expense                                       $32

Cash                                                                                   $302

(To record petty cash reimbursement)

You might be interested in
Shrimp Galore, a shrimp harvesting business in the Pacific Northwest, has a 30-year loan on its shrimp harvesting boat. The annu
xxMikexx [17]

Answer:

a) Sell off the boat and pay back the loan and retain the extra money rather than produce nothing and experience a loss of $25,000

b) if it produces

1. If it produces 0 than 0 - 10 = -10

2. If it produces 60 than 60 - 60 = 0

3. If it produces 120 than 120 - 80 = 40

4. If it produces 180 than 180 - 110 = 70

5. If it produces 240 than 240 - 165 = 75

6. If it produces 300 than 300 - 245 = 55

Hence the maximum profit is $75

8 0
3 years ago
There are many reasons why entrepreneurs start businesses. Mike Boyle likely started MBSC because _____.
Andrei [34K]

Answer:

Answer is B :) when you fill in the blank you can understand what I did

Explanation:

8 0
3 years ago
Read 2 more answers
Fallgater, Inc. expects to sell 15,000 units. Each unit requires 3 pound of direct material at $12 per pound and direct labor ho
mezya [45]

Answer:

Purchase cost= $396,000

Explanation:

Giving the following information:

Each unit requires 3 pounds of direct material at $12 per pound

Beginning inventory= 2,000 pounds

Desired ending invnetory= 5,000 pounds

Production= 10,000 units

<u>To calculate the direct material purchases, we need to use the following formula:</u>

Purchases= production + desired ending inventory - beginning inventory

Purchases= 10,000*3 + 5,000 - 2,000

Purchases= 33,000 pounds

Purchase cost= 33,000*12= $396,000

5 0
3 years ago
Conscious marketing: Group of answer choices is often grafted on to traditional business model, usually as a separate department
Karo-lina-s [1.5K]

Answer:

recognizes that business is a subset of society, and that society is a subset of the planet.

Explanation:

Conscious marketing recognizes that business is a subset of society, and that society is a subset of the planet.

This ultimately implies that, conscious marketing encourages or jeer various organizations to engage in social responsibilities such as ethical and social activities.

Basically, an organization that engage in conscious marketing is very much concerned with having a sustainable and long-term brand’s performance by being authentic, ethical, transparent, and honest with its customers, in order to create a win-win relationships for both parties. The conscious marketing involves the following stakeholders;

1. Employees.

2. Society.

3. Consumers.

4. Market place.

Since conscious marketing recognizes that business is a subset of society, and that society is a subset of the planet, it makes organization to have conscience in serving all their stakeholders rather than just focusing on making sales and profits.

<em>Generally, when an organization engage in conscious marketing it helps them to improve their brand equity and thus, increasing their sales and profits. </em>

8 0
4 years ago
Why did Samuel Gompers seek to forge closer ties with forward-looking corporate leaders? a. He wanted to work his way into circl
melisa1 [442]

Answer:

The answer is: C) He wanted to stabilize employer-employee relations.

Explanation:

Samuel Gompers worked very hard to make his beliefs and ideas "popular" not only among workers and politicians but also among corporate leaders. He was very pragmatic when dealing with politicians and management. He would sometimes support Democrats and other times Republicans. He tried to balance things out in favor of his union and himself obviously. He used his huge bargaining power to convince politicians and managers that his ideas were correct.

He didn´t support socialistic ideas in favor of destroying capitalism. He saw working for corporations as a means for employees to achieve the American dream.

3 0
4 years ago
Other questions:
  • If the Canadian dollar is strengthening, then:
    10·1 answer
  • When lani meets new prospects for the first time, she opens her sales presentation by telling them that if they give her just 20
    11·1 answer
  • Journalizing the entry to record jobs shipped and customers billed would include a credit to a.Finished Goods b.Accounts Payable
    11·1 answer
  • Google CEO, Larry Page, announced to the media that Google , its social networking site, gained 10 million users its first 2 wee
    6·1 answer
  • Footsteps Co. has a bond outstanding with a coupon rate of 5.4 percent and annual payments. The bond currently sells for $1,007.
    14·1 answer
  • The Allowance for Bad Debts account had a balance of $7,000 at the beginning of the year and $9,500 at the end of the year. Duri
    6·1 answer
  • Explain how a service business might help another business.
    7·1 answer
  • Question 1 of 10
    14·1 answer
  • Ideally, a positioning statement should identify which three things?
    12·1 answer
  • Is interest on loan an expense or a liability....Please help​
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!