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3 years ago

What is an example of what a business would write a check for

Business

1 answer:

Helga [31]3 years ago

7 0

Answer:

To pay in taxes, to purchase goods to make things if the business is a factory etc. hope this helps

Explanation:

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Listed below are various transactions that a company incurred during the current year. select the impact on total stockholders'

adelina 88 [10]

Answer:

1. No par common stock is issued.

I) INCREASE STOCKHOLDERS' EQUITY SINCE COMMON STOCK ACCOUNT WILL INCREASE.

2. Treasury stock is sold at cost for cash (assume the cost method).

I) INCREASE STOCKHOLDERS' EQUITY SINCE TREASURY STOCK IS A CONTRA EQUITY ACCOUNT THAT REDUCES TOTAL EQUITY, AND SINCE THE STOCKS WERE HOLD, EQUITY WILL INCREASE.

3. Treasury shares of preferred stock are purchased (assume the cost method).

D) DECREASE STOCKHOLDERS' EQUITY SINCE TREASURY STOCK IS A CONTRA EQUITY ACCOUNT THAT REDUCES TOTAL EQUITY.

4. A payment date occurs for a cash dividend.

NE) NO EFFECT ON EQUITY, SINCE EQUITY HAD ALREADY DECREASED ON THE DAY THAT THE DIVIDENDS WERE DECLARED.

4 0

3 years ago

A1 Co. has a process costing system. All materials are added when the process is first begun. At the beginning of May, there wer

4vir4ik [10]

Answer:

Total equivalent units of materials =67,000 units

Explanation:

Equivalent unit is computed as follows:

Equivalent units =Degree of completion × units of inventory

Fully worked = 67,000-6,700= 60,300

Closing inventory = 6,700

<em>Item Equivalent unit</em>

Fully worked 100%× 60,300= 60,300 units

Closing inventory = 100%× 6,700=<u> 6,700</u> units

Total equivalent units 67,000 units

<em>Note that we used 100% as the degree of completion for materials because materials required are always added at the beginning of the process</em>

3 0

3 years ago

How might a business learn about a proposed process improvement through a prototyping activity? What is the fundamental purpose

anyanavicka [17]

The fundamental purpose of a prototype is to help a company better understand its new product designs.

<h3 /><h3>What is prototyping?</h3>

It is the process of producing a sample of a product, which will serve as an initial representation that will later be produced on a large scale, helping to save time, costs and increasing learning about organizational projects.

Therefore, prototyping is a design process that helps an organization to gain more information to develop its business projects.

Find out more about prototyping here:

brainly.com/question/7509258

#SPJ1

6 0

2 years ago

The San Pedro Company forecasts that total overhead for the current year will be $10,000,000 and that total machine hours will b

Temka [501]

Answer:

the overhead rate is $50 per machine hour

Explanation:

The computation of the overhead rate is shown below:

Predetermined overhead rate

= Estimated total Overhead ÷ Estimated total machine hour

= $10,000,000 ÷ 200,000 hours

= $50 per machine hour

hence, the overhead rate is $50 per machine hour

The same should be considered and relevant

4 0

3 years ago

Delta Company performed $20,000 of services on account and recorded the amount due as a typical account receivable. Over time, i

Llana [10]

Answer:

D) No impact on the accounting equation.

Explanation:

Nothing would happen since the amount to be received would remain the same i-e $20,000, so there is no chance for increase in liabilities. Moreover, the there is no new services so that asset should be impacted.
What there has been done is just classifying the payment which the Delta thought that they would receive earlier, but now it is being realized that it will take long, so just to not make any mistake or confusion for future this was done.

3 0

3 years ago

What is an example of what a business would write a check for​

What is an example of what a business would write a check for