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
ahrayia [7]
3 years ago
15

The company Andorinha Ltda. presented on 03/15/01 the total amount of R$1,500.00 in the account of Duplicates Payable; soon, on

03/25 / X1, the company Andorinha Ltda. paid a cash duplicate in the amount of R$500.00.
Check the CORRECT alternative that presents the balance of the Duplicates Payable account after the payment of 03/25/1:

a) Credit Balance R$1,000.00.
b) Debit Balance of R$1,500.00.
c) Credit Balance of R$1,500.00.
d) Debit Balance R$500.00.
Business
1 answer:
DerKrebs [107]3 years ago
8 0

Answer:

a) Credit Balance R$1,000.00

Explanation:

The Duplicates Payable represents a Liability in Andorinha Ltd records.

When Andorinha Ltda paid a cash duplicate in the amount of R$500.000 the entries recorded will be :

Trade Payable-Duplicates R$500.000 (debit)

Cash R$500.000 (credit)

<em>Effect on Balance of Duplicates Payable</em>

Decrease in Duplicates Payable by $500,000

Remaining Balance is $100,000 (credit)

You might be interested in
Flatter organizational structures rely on lower-level employees to participate in decision making. These employees are generally
NemiM [27]

Answer: Team leader

Explanation:

A flatter organizational structure is a firm's organizational structure which is tall, mid-sized or flat and is used by many small companies due to lack of manpower.

For example, a new consulting firm will employee senior management employees in finance,marketing, and sales and these executives will act as team leaders.

A team leader is someone who gives instructions, guidance, leadership an direction to a group of individuals to achieving a goal. The team leader the reports his or her results to the manager.

6 0
3 years ago
On December 31, 2020, BEL Company had 300,000 shares of common stock issued and outstanding. BEL issued a 5% stock dividend on J
KIM [24]

Answer:

297,500 shares

Explanation:

Basic Earning per share is calculated dividing Earning for the year excluding preferred dividend by weighted average number of shares.

Weighted average number of shares are used to calculate the basic earning per share.

Weighted Average Number of Diluted Shares = (300,000 x 6/12 ) + ( 300,000 x 105% x 3/12 ) + [ ( (300,000 x 105%) - 40,000) x 3/12 ) ]

Weighted Average Number of Shares = 150,000 + 78,750 + 68,750

Weighted Average Number of Shares = 297,500 shares

6 0
4 years ago
For​ 2018, Winters Manufacturing uses machineminushours as the only overhead costminusallocation base. The direct cost rate is $
valina [46]

Answer:

Profit margin  =  $3 per unit

Explanation:

<em>The profit margin earned is the difference between selling price and the manufacturing cost</em>

Manufacturing cost per unit = variable cost + fixed overhead cost per unit

overhead absorption rate = estimated overhead/estimated machine hours

                                             =$220,000/20,000 machine hours

                                           = $11 per hour

Manufacturing cost per unit = 2 + (11 × 2) = $24 per  unit

Profit margin  = 27 - 24

                        = $3 per unit

5 0
4 years ago
The bounded rationality decision-making model:
Setler79 [48]

Answer:

I forgot it dang it

Explanation:

7 0
4 years ago
Existing leases:
andreev551 [17]

Answer:

B. Must be considered more carefully when valuing a multi tenant office building then valuing an apartment complex.

Explanation:

A lease of building is much more complex than leasing an apartment complex since it may involve multiple parties and multiple lease agreements. The valuation is therefore consider more carefully.

4 0
3 years ago
Other questions:
  • An online clothing boutique decides to install a web or Internet cookie in the browser of each user who visits its site. The pur
    5·1 answer
  • Cacioppo Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning
    9·1 answer
  • Zero Calories Company has 16,000 shares of cumulative preferred 1% stock, $40 par and 80,000 shares of $150 par common stock. Th
    14·1 answer
  • What type of skills requires defining problems and selecting the best course of action to take
    10·2 answers
  • You are opening a savings account that earns compound interest. Which compounding frequency will earn you the MOST money?
    7·1 answer
  • Charlie Corporation is considering buying a new donut maker. This machine will replace an old donut maker that still has a usefu
    7·1 answer
  • Lincoln Corporation used the following data to evaluate their current operating system. The company sells items for $ 12 each an
    14·1 answer
  • LaToya is buying con chips and soda. She has 4 bags of corn chips and 5 bottles of soda in her shopping cart. The marginal utili
    15·1 answer
  • Lifetime sells softball equipment. On November 14, they shipped $3,000 worth of softball uniforms to Palos Middle School, terms
    6·1 answer
  • Waddle Incorporated manufactures a single product. Variable costing net operating income was $96,300 last year and its inventory
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!