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
Illusion [34]
3 years ago
14

In double-entry accounting, where should you record money that is leaving your company to pay bills?

Business
1 answer:
lesantik [10]3 years ago
5 0

Answer:

In the Debit Column of your Expense Account

Explanation:

You might be interested in
Panther Co. had a quality-assurance warranty liability of $350,000 at the beginning of 2021 and $310,000 at the end of 2021. War
Diano4ka-milaya [45]

Answer:B

Explanation: :)

7 0
3 years ago
At the beginning of the current accounting period Blazer Company had a $40,000 balance in its Finished Goods Inventory account.
Salsk061 [2.6K]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Beginning finished goods inventory= $40,000

During the period cost of goods manufactured amounted to $280,000. The ending balance in the Finished Goods Inventory account was $42,000.

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 40,000 + 280,000 - 42,000

COGS= 278,000

4 0
3 years ago
a company budgets production of 15,000 solar panels in july. each unit requires 4 hours of direct labor at a rate of $20 per hou
Mekhanik [1.2K]

The Labor cost = Units Produced * Direct Labor hours per Unit * Direct Labor rate per Hour is  <u>$ 1,200,000.</u>

= 15,000 * 4 * $20

= $ 1,200,000

Answer: $ 1,200,000

Production is the process of combining various tangible and intangible inputs (plans, knowledge) to produce things for consumption (outputs). It is the act of creating output, goods, or services that are of value and contribute to an individual's benefit.

An example of production is the manufacture of automobiles. A car is made up of parts. For example, rubber tires are added to a metal body to create a seat before the car leaves the assembly line. “Production is the organized activity of transforming resources into final products in the form of goods and services. The goal of production is to meet the demand for such transformed resources.

Learn more about production  here:

brainly.com/question/16755022

#SPJ4

5 0
1 year ago
In the integrated supply chain model, integrated enterprise is typically ______.
Alenkinab [10]

In the integrated supply chain model, integrated enterprise is typically manufacturer.

<h3>What is supply chain model?</h3>

Supply chain modeling can be described as the  conscious attempt  that is been utilized in the  proclamation of order as regards the  supply chain to have certain business objectives.

These could be  lowest supply cost as well as , on-time delivery ,however In the integrated supply chain model, integrated enterprise is typically manufacturer.

Learn more about supply chain model at:

brainly.com/question/25160870

#SPJ1

4 0
1 year ago
Bonnie is writing a cover letter for a job application. She has written the introduction describing her strengths. However, she
Anna35 [415]
They should talk avout why they should be jired for the job and why thw want the job.
6 0
3 years ago
Read 2 more answers
Other questions:
  • Merone Company allocates materials handling cost to the company's two products using the below data: Modular Homes Prefab Barns
    6·1 answer
  • The enormous variety of goods and services that we consume each day can be attributed mainly to
    5·1 answer
  • Rory’s company sells laptop computers for $700 and high-end desktop computers for $1,800. The variable costs for the laptops tot
    10·1 answer
  • Billy owes a liquidated debt of $3,000 to Rayna, his personal weight trainer. Billy sends Rayna a check for $300 on which he has
    15·1 answer
  • Why is education considered as foundation of any proffession.
    7·1 answer
  • Amanda has always been inclined toward baking and wants to open her own bakery. She takes a loan of $20,000 from the bank and st
    8·1 answer
  • Writing a check on an account with insufficient funds is allowed under certain conditions.
    8·1 answer
  • 8. A company manufactures two products X and Y. Each product has to be processed in three departments: welding, assembly and pai
    10·1 answer
  • Yard Professionals Inc. experienced the following events in Year 1, its first year of operation:
    10·1 answer
  • Identify a recent business trend that could be contributing to the increased number of collusive frauds.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!