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3 years ago

12

Which account is credited when a job is completed? finished goods inventory. sales revenue. cost of goods sold. work in process

inventory?

1 answer:

Firdavs [7]3 years ago

3 0

Answer:

sales revenue. We are going to debit profit and loss too for cost of labor if need arises.

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When Alfred Nobel died, he left the majority of his estate to fund five prizes, each to be awarded annually in perpetuity star

Vaselesa [24]

Answer:

the numbers are missing, so I looked for similar questions:

When Alfred Nobel died, he left the majority of his estate to fund five prizes, each to be awarded annually in perpetuity starting one year after he died (the sixth one, in economics, was added later). a. If he wanted the cash award of each of the five prizes to be $33,000 and his estate could earn 7% per year, how much would he need to fund his prizes? b. If he wanted the value of each prize to grow by 6% per year (perhaps to keep up with inflation), how much would he need to leave? Assume that the first amount was still $33,000 c. His heirs were surprised by his will and fought it. If they had been able to keep the amount of money you calculated in (b), and had invested it at 7% per year, how much would they have in 2014, 118 years after his death?

a) total amount of prizes = $33,000 x 5 = $165,000

using the perpetuity formula, present value = annual payment / discount rate

money needed in trust fund = $165,000 / 0.07 = $2,357,142.86

b) we need to use the growing perpetuity formula:

money needed in trust fund = $165,000 / (0.07 - 0.06) = $165,000 / 0.01 = $16,500,000

c) future value = present value x (1 + r) = $16,500,000 x (1 + 7%)¹¹⁴ = $36,917.7 million

8 0

3 years ago

Breanna works in the mall and her hours increase during busy shopping times of the year. Breanna has a plan to save $25 each wee

kari74 [83]

Answer:

16 weeks

Explanation:

Given:

Amount saved each week in the first 5 weeks = $25

Amount saved each week in the next 7 weeks = $25 + $20 = $45

Amount saved each week afterwards = $25

Total amount to be saved = $540

Now,

The total amount saved in the first 5 weeks = $25 × 5 = $125

The total saved in the next 7 weeks = $45 × 7 = $315

Thus,

The total amount saved till now = $125 + $215 = $440

Now,

The remaining amount to be saved = $540 - $440 = $100

The time required to save the $100 = $\frac{\textup{100}}{\textup{25}}$

= 4

Hence,.

the total weeks required = 5 + 7 + 4 = 16 weeks

6 0

3 years ago

You respond to a local lake where a diver complains of difficulty breathing that occurred immediately after rapidly ascending fr

Svetach [21]

Answer:

the correct answer is

C. suction his mouth and nose, apply high-flow oxygen, monitor the patient's breath sounds for a pneumothorax, and contact medical control regarding transport to a recompression facility.

good luck

5 0

3 years ago

The following transactions of Houston Pharmacies occurred during 2017 and 2018:

Likurg_2 [28]

Answer:

Please see below for all the journal entries required for Houston.

Explanation:

2017

Jan. 9

Debit: Computer Equipment $9,000

Debit: Interest Expense $630

Credit: Interest Payable ($9,000 x 7%) $630

Credit: Notes Payable $9,000

Jan. 29

Debit: Accounts Receivables ($69,000 x 3/4) $51,750

Debit: Cash ($69,000 x 1/4) $17,250

Credit: Sales Tax Payable ($69,000 x 6%) $4,140

Credit: Sales $69,000

Feb. 5

Debit: Sales Tax Payable $4,140

Credit: Cash $4,140

Jul. 9

Debit: Interest Payable ($9,000 x 7%) $630

Debit: Notes Payable $9,000

Credit: Cash $9,630

Aug. 31

Debit: Inventory $3,000

Debit: Interest Expense $330

Credit: Interest Payable ($3,000 x 11%) $330

Credit: Notes Payable $3,000

Dec. 31

Debit: Warranty Expense ($601,000 x 3%) $18,030

Credit: Accrued Warranty $18,030

Dec. 31

Debit: Interest Payable $330

Credit: Accrued Interest $330

2018

Feb. 28

Debit: Accrued Interest $330

Debit: Notes Payable $3,000

Credit: Cash $3,330

4 0

3 years ago

One of the biggest dangers concerning the manipulation of our natural needs by advertisers is with ______.

Alenkasestr [34]

Answer:

<em>One of the biggest dangers concerning the manipulation of our natural needs by advertisers is with </em><em><u>prescription</u></em><em><u> </u></em><em><u>drugs</u></em>

Explanation:

<em>Prescription</em><em> - a drug that can be obtained by means of a physician's prescription </em>

5 0

2 years ago