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3 years ago

12

Which of the following actions can NEGATIVELY impact your credit score?

2 answers:

fredd [130]3 years ago

8 0

<span>Which of the following actions can NEGATIVELY impact your credit score?

Answer:</span><span>B. You forgot to pay the cable bill.</span>

Fudgin [204]3 years ago

3 0

It would be B hope this helps!

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The Chewbacca Starship Company had the following transactions during the month of December:

Naily [24]

Answer:

The Chewbacca Starship Company

T-accounts:

Cash

Date Account Titles Debit Credit

Dec. 1 Beginning balance $73,500

Dec. 31 Salaries expense $57,000

Dec. 31 Accounts receivable 265,000

Dec. 31 Accounts payable 210,000

Accounts receivable

Date Account Titles Debit Credit

Dec. 1 Beginning balance $60,000

Dec. 31 Sales revenue 154,000

Dec. 31 Cash $265,000

Accounts payable

Date Account Titles Debit Credit

Dec. 1 Beginning balance $39,000

Dec. 31 Inventory 230,000

Dec. 31 Cash $210,000

Inventory

Date Account Titles Debit Credit

Dec. 31 Accounts payable $230,000

Sales revenue

Date Account Titles Debit Credit

Dec. 31 Accounts receivable $154,000

Salaries Expense

Date Account Titles Debit Credit

Dec. 31 Cash $57,000

Explanation:

a) Data and Analysis:

a. Inventory $230,000 Accounts payable $230,000

b. Salaries expense $57,000 Cash $57,000

c. Accounts receivable $154,000 Sales revenue $154,000

d. Cash $365,000 Accounts receivable $265,000

e. Accounts payable $210,000 Cash $210,000

Opening balances:

Cash $73,500

Accounts receivable $60,000

Accounts payable $39,000

3 0

3 years ago

If job a and job b are identical in all aspects, except that job b pays higher wages, what will happen over time?

Bumek [7]

Job b will go out of business sooner if their profit is the same as A

6 0

3 years ago

When boating on a river, you may encounter strainers. what is the danger of a strainer?

Yuri [45]

When boating on a river, you might encounter these strainers and the danger of these strainers is that they can possibly trap your boats and throw the passengers out of the boat. Strainer is the term that describes anything that obstructs the way in the river such as logs, or wire fence.

7 0

3 years ago

Read 2 more answers

Because cash transactions occur more frequently than other transactions, there is more chance for making recording errors affect

Fiesta28 [93]

Cash transactions are more likely to be recorded incorrectly than other types of transactions since they happen more frequently.

<h3>What do you name a transaction?</h3>

A transaction is what? An executed contract between such a seller and a buyer to trade goods, services, or capital instruments in exchange for money is known as a transaction. The phrase is also frequently used in business accounting. In corporate bookkeeping, this easy notion could be difficult to apply.

<h3>Do you mean by transaction "payment"?</h3>

A transaction is the outcome of a contract between such a seller and a buyer. In a trade, the seller exchanges cash for the provision of goods, services, or other financial assets. A company's lifeblood is its financial activities, which enable them to produce a consistent revenue stream and manage cash flow.

To know more about transactions visit:

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7 0

1 year ago

Badgersize Company has the following information for its Forming Department for the month of August.

sergiy2304 [10]

Question Completion:

Costs incurred in August:

Direct materials $154,000

Conversion costs $264,000

Answer:

Badgersize Company

Materials Conversion

a. Equivalent units 74,000 69,500

b. Cost per equivalent unit $3.162 $4.144

Explanation:

a) Data and Calculations:

Units Materials Conversion Total

Beginning WIP inventory 20,000 100% 20%

Units started August 54,000

Total units available 74,000

Transferred out 59,000

Ending WIP inventory 15,000 100% 70%

Cost of beginning WIP $80,000 $24,000 $104,000

Costs incurred in August 154,000 264,000 418,000

Total production costs $234,000 $288,000 $522,000

Equivalent unit Units Materials Conversion

Units transferred out 59,000 59,000 59,000

Ending WIP inventory 15,000 15,000 10,500

Equivalent units 74,000 69,500

Cost per equivalent unit

Total production costs $234,000 $288,000

Equivalent units 74,000 69,500

Cost per equivalent unit $3.162 $4.144

8 0

3 years ago