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
nlexa [21]
3 years ago
12

On the worksheet, Accounts Receivable has a debit balance of $15,000 on the Unadjusted Trial Balance. In the Adjustments there i

s a debit of $3,000. What is the amount for Accounts Receivable in the Adjusted Trial Balance?
Business
1 answer:
Art [367]3 years ago
6 0

Answer:

The adjustment balance will be of 18,000

Explanation:

We should build Accounts Receivables T-account to get the adjusted balance:

Accounts Receivables

<u>DEBIT              CREDIT</u>

 15,000  UNADJUSTMENT

<u>   3,000  ADJUSTMENT</u>

18,000 ADJUSTED BALANCE**

**As the adjustment is in the same side as the unadjusted balance, we add it. So we end up with 15,000 + 3,000 = 18,000

You might be interested in
Apex Systems Co. offers its services to residents in the Seattle area. Selected accounts from the ledger of Apex Systems Co. for
AfilCa [17]

Answer:

Explanation:

The preparation of the statement of stockholders' equity at the end of the year is presented below:

                                          Apex Systems Co.

                             Statement of stockholders' equity  

                            For the fiscal year ended December 31, 2016

Particulars                  Common Stock          

Beginning

Balance                      $1,340,000

Add: Net income       $356,000    

Less:

Bart Nesbit, Drawing  -$91,200

Ending balance          $1,604,800                

                       

6 0
3 years ago
The January 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported the following information (in thousands).
creativ13 [48]

Answer:

A. $1,517,648 thousand

Explanation:

The computation of the cost of goods sold using the FIFO method is shown below:

= Cost of goods sold under LIFO - (Ending LIFO reserves - Beginning LIFO reserves)

= $1,517,397 - ($4,345 - $4,094)

= $1,517,648

We simply applied the above formula so that the cost of goods sold using the FIFO method could come

All other information i.e given is not relevant. Hence, ignored it

4 0
3 years ago
A new casino wants to hire about 1,000 employees for its new resort. Applicants are asked to complete an online questionnaire th
jarptica [38.1K]

When only those applicants who have previously worked in hotels and casinos will be considered eligible for the next step in the hiring process. This best exemplifies a "pre-employment screening process".

<h3>What is a pre-employment screening process?</h3>

Pre-employment screening has several names, including: Background investigations, background screening, and criminal investigations

Some characteristics of pre-employment screening process are-

  • Pre-employment screening entails gathering all the data necessary to make a wise hiring decision.
  • This entails locating applicants who satisfy established job requirements and confirming the data they supply.
  • Pre-employment screening procedure includes reviewing applications and deciding whether to hire someone.
  • Various components, such as job screening questions included in the employment application, may be part of the screening process.
  • Employing tests that are cognitive, behavioral, or skills-based, conduct pre-employment testing. including phone screenings, video interviews, and in-person meetings with candidates.
  • Pre-employment investigations can differ depending on the applicant, the position, etc. However, it typically takes three to four weeks.

To know more about purpose of pre-employment screening, here

brainly.com/question/14980418

#SPJ4

5 0
2 years ago
Wolery Inc. has provided the following data concerning one of the products in its standard cost system. Inputs Standard Quantity
nadezda [96]

Answer: The labor efficiency variance for the month is closest to: $2576

Explanation:

Given:

Actual output 8,800 units

Actual direct labor-hours 1,610 hours

Actual direct labor rate $ 23.30 per hour

The labor efficiency variance for the month is computed as :

The labor rate variance = Actual hours×(Actual rate - Standard rate)

=1610 ×($23.30-$21.70)

=$2576

7 0
3 years ago
Read 2 more answers
The law of demand states that, other things equal, when the price of a good rises, the quantity demanded of the good rises, and
oksano4ka [1.4K]

The given statement about the law of demand is false and the appropriate law is explained below.

<h3>What is Law of Demand?</h3>

This refers to the economic principle which states that when there is an increase in demand for a product, then the price of the good will decrease.

With this in mind, we can see that the law of demand works with  the supply of goods as if for example there is an increase in price for a particular bar of soap, then the demand reduces.

Read more about law of demand here:
brainly.com/question/1078785

5 0
2 years ago
Other questions:
  • Please help best gets brainiest
    13·1 answer
  • A Chinese toy manufacturer has received criticism by people in the surrounding community who have complained about the pollution
    12·1 answer
  • What step must be taken before investigators can determine if data tampering has occurred?
    7·1 answer
  • ___________ and links, such as personal network bluetooth devices, barcode readers, and handheld pdas, pose a security risk in t
    13·1 answer
  • What is meant by the term "piercing the corporate veil"?select one:a.corporate directors and/or officers may be held personally
    12·1 answer
  • g Bob makes his first $ 800 deposit into an IRA earning 7.4 % compounded annually on his 24th birthday and his last $ 800 deposi
    7·1 answer
  • Bravo Company began operations at the beginning of 20X6 with a $10,000 cash investment by stockholders. During 20X6, Bravo Compa
    12·1 answer
  • If i get 16 brainlest ill give u guys 136 points
    15·2 answers
  • Make a list of the skills that would be important for someone pursuing a career in each cluster in your unit. Then compare to se
    8·2 answers
  • A country that relies on the pragmatic nationalist view would say that:.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!