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2 years ago

Turkey Corp. provides services to customers on account for $3,000. Recording this transaction will include a __________.

Business

1 answer:

Luden [163]2 years ago

8 0

Answer:

e) Credit to Revenue

Explanation:

The services provided to customers will be an increase of revenue and an increase in revenues is a credit transaction.

Since the question does not mention that the services were billed therefore the accounts receivable will not be increased till it is billed and thus option a) is not applicable.

The other options are not relevant since there is no cash collection involved, and no liabilities involved.

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Quality Move Company made the following expenditures on one of its delivery trucks: Mar. 20. Replaced the transmission at a cost

AfilCa [17]

Answer and Explanation:

The Journal entry is shown below:-

March 20

Accumulated depreciation - Delivery Truck Dr, $1,890

To Cash $1,890

(Being the replacement of transmission and capitalizing the transmission cost is recorded)

June 11

Delivery Truck Dr, $1,350

To Cash $1,350

(Being the installation of hydraulic lift and capitalization of installation expenses is recorded)

November 30

Repairs and Maintenance Expense Dr, $55

To Cash $55

(Being the payment for changing the oil and air filter is recorded)

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3 years ago

rosijanka [135]

195x6=1170, so he will have 1170 dollars in his college fund by senior year

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2 years ago

g explain which types of organizations (if any) will traditional HRM fit most and which types of organizations (if any) will str

valentinak56 [21]

Answer:

HR Function refers to areas such as recruitment, selection, recruitment and retention, performance evaluation, promotional preparing, and reimbursement managerial staff.

Explanation:

Throughout traditional HRM every one of these operations has been associated with capacity building and therefore are constrained even within the HR manager. Those other operations are not focused on an organization’s strategy.
Traditional HRM is therefore not focused on effective organizational culture, while strategy Implementation focuses on its philosophy.

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2 years ago

Cierra, Inc. manufactures computer chips. Currently, the costs per unit are as follows: Direct materials $ 1.00 Direct labor 10.

Soloha48 [4]

Answer:

It is more convenient to make the component.

Explanation:

Giving the following information:

Direct materials $1.00

Direct labor 10.00

Variable manufacturing overhead 5.00

Total unitary variable cost= $16

Total fixed overhead= 8*10,000= $80,000

Proposal= 10,000 units for $22

If Cierra accepts the proposal, $50,000 of the fixed overhead will be eliminated.

We need to calculate the total cost of both options and determine which one is better.

Make in-house:

Total cost= 10,000*16 + 50,000= $210,000

Buy:

Total cost= 10,000*22= $220,000

It is more convenient to make the component.

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2 years ago

Check her computer for errors on the drive. Which tool can help her?

Troyanec [42]

Depends on what you are trying to fix

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3 years ago

Read 2 more answers