Answer:
$180
Explanation:
Calculation to determine Cookie Creations’ warranty liability for the shipping costs at December 31, 2020.
Using this formula
Warrant liability=Numbers of mixers sold × Percentage of mixers returned for repair or replacement ×The average cost to ship a mixer
Let plug in the formula
Warrant liability=30 x 10% x $60
Warrant liability=$180
Therefore Cookie Creations’ warranty liability for the shipping costs at December 31, 2020 will be $180
None of them is the answer
Answer:
Cash; account receivable
Explanation:
The journal entry to reestablish an account previously written off is given below:
Cash Dr XXXXX
To account receivable XXXXX
(being the reestablish an account previously written off is recorded)
Here the cash is debited as it increased the assets and account receivable is credited as it decreased the assets
Explanation:
CEO of a local alternative energy company is engaged in the process of developing a list of questions that will be used to evaluate her company's internal situation. An internal analysis looks at the factors that are within the organization such as the strengths and weaknesses of the organization. Some typical areas that are considered during the internal analysis are the financial resources like the funding and investment opportunities, physical resources like the company's location, facilities and equipment, and the human resources like the employees, and the target audiences. In the options given above, every option tackles the company's internal situation except for "Is our company competitively stronger or weaker than key rivals?" This question is not meant to assess the internal situation of the company as the question is evaluating the competition involved in the business while comparing other companies to Angie's comoanv.
Answer:
$4.542
Explanation:
Bank services fees must be included in balance, as well as interest earned, but checks outstanding no, because they arent paid yet.
So the correct calculation is:
$ 4.593 - $85 + $34 = $4.542