<u>Determination of adjusting entry for Supplies used:</u>
In the given case it is given those Supplies on hand were $ 1,000 at the start of the year. At the end of the year, it was determined that $ 450 of supplies had been used. It means the adjustment is needed to make for the amount of supplies used $450.
The adjusting entry for Supplies used shall be as follows:
Supplies Expense Debit $450
Supplies Credit $450
(Being adjustment made for Supplies used)
Hence the correct answer is:
b. Debit supplies expense, $ 450; credit supplies, $ 450
Answer:
Production budget for First quarter= 16,500 units
Explanation:
<em>The production budgeted for a particular period is the expected units to be produced after adjusting the sales budget figures for opening and closing inventories. </em>
Production = Sales volume + closing inventory - opening inventory
Closing inventory = 20% × second quarter sales
= 20% × 20,000 = 4,000 units
<em />
<em>Production budget for the first quarter</em>
=17,000 + 4000 -4500
= 16,500 units
This situation can be modeled by an exponential equations. Exponential equations typically take the form
. In an interest problem, a represents the initial deposit, b is the yearly interest rate, x is the number of years, and y is the total amount of money.
Start by filling out what you know:
a: 1000
b: 1.02 (Fred will have all of the money he had before (1) plus the interest rate (2%=2/100=0.02)
x: 5
y: ?
Now, all you have to do is solve.



1104-->1100
The final answer is B. $1100.
Answer: Proctor & Gamble would be a user of Foreign media. D is the correct answer.
Explanation:
Since Proctor & Gamble advertise in more than 180 countries they will be using foreign media to advertise their brand. Each country will have different rules and regulations for what can be advertised such as wording and content in commercials. In the United States, companies must comply with the FTC rules and regulations.
Each country will have a different ad campaign going on for the brand. They will base their campaigns on what is a big seller in that country. The brands may have different names depending on the country.
Answer:
45,578.45
Explanation:
PV = $ -7,900 (The iniiial investment made by Andrew and Emma at year 0)
i/r = 4% (annual interest)
PMT = $ -1,200 (Annual deposit on Angela's birthday)
n = 17
FV (Value of the savings account at Angela's 17th birthday)
Using financial calculator, we have FV = $43,825
Value of the savings at Angela's 18th birthday = $43,825 x 1.04 = 45,578.45