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3 years ago

What does this article say about being on time ?

Business

1 answer:

meriva3 years ago

5 0

Answer:

About being on time, this article reveals:

1. Endeavour to take a practice trip the same time you leave for work in order to know what time you will arrive at work.

2. In order not be in a hurry and anxious, endeavour to arrive 15 minutes earlier. Also, don't arrive too early in order not to affect others.

Explanation:

The article gives advice and caution on how to get to work on time. The article seem to center on some work ethics tips for the newly employed. It reveals how to get to work on time, preparing your clothes, checking your hygiene and preparing quality questions for your boss.

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The following information is available for Splish Brothers Corp. for the year ended December 31, 2022. Other revenues and gains

Readme [11.4K]

Answer:

Net Income 195,300

Explanation:

The question is to prepare a multi-step income statement

Splish Brothres Corp

Income Statement for the year ended December 31, 2022

Particulars/Description Amount ($) Amount ($)

Sales Calculation

Sales Revenue 747,000

Subtract:

Sales Returns 9,000

Sales discounts 3,200 (12,200)

Net Sales 734,800

Cost of Goods sold (283,000)

Gross Profit 451,800

Operating Expenses (210,000)

Operational Income 241,800

Other gains and revenue 21,800

Other Expenses and losses (3,200) 18,600

Income before Income Taxes 260,400

Income tax expense (25% x 260,400) (65,100)

Net Income 195,300

4 0

3 years ago

Barto Company provides this information for the month ended October 31, 2017: sales on credit $300,000, cash sales $150,000, sal

anastassius [24]

Answer:

The Multi-step income statement is attached, Please find it

Explanation:

The multi-step income statement is attached with this answer please find it.

Gain On Disposal will appear in the other income section of the multi-step income statement

Cost of goods sold will appear in the cost of goods sold section of the multi-step income statement

Depreciation expense will appear in the operating expense section of the multi-step income statement

Sales returns and allowances will appear in the sales / net sales section of the multi-step income statement

8 0

2 years ago

An aging of a company's accounts receivable indicates that $4,500 are estimated to be uncollectible. If Allowance for Doubtful A

lyudmila [28]

Answer:

a. debit to bad Debt expense for $3,300

Explanation:

The Journal entry is shown below:-

Bad debt expenses Dr, $3,300

To Allowance for doubtful accounts $3,300

(Being bad debts expenses is recorded)

Therefore to record the bad debt for the period we simply debited the bad debt expenses as it increase the expenses and on the other hand we credited the allowance for doubtful accounts as decrease the assets.

So, the right answer is a. debit to bad Debt expense for $3,300 option.

Working Note:-

Bad debt expenses = Estimated uncollectible - Credit balance

= $4,500 - $1,200

= $3,300

4 0

3 years ago

On January 1, 2021, Corvallis Carnivals borrows $10,000 to purchase a delivery truck by agreeing to a 6%, three-year loan with t

asambeis [7]

Answer:

The journal entries are as follows:

(i) On January 1, 2021

Delivery Truck A/c Dr. $10,000

To 6% loan note payable $10,000

(To record the issuance of note payable)

(ii) On January 31, 2021

6% loan note payable A/c Dr. $254.22

Interest expense A/c Dr. $50

To cash $304.22

(To record the first month payment)

Workings:

Interest expense = $10,000 × 6% × (1/12)

= $50

3 0

3 years ago

The demand curve for the new computer game, Rock and Roll Trivia, is given as follows: Q = 200 - 5P - .1Pc - .5Pd + .2A - I Wher

balu736 [363]

Answer:

Income elasticity of demand = - 0.56

Explanation:

Given,

P=10, Pc=100, Pd=2, A=5, and I=50.

So,

Q=200-5(10)-.1(100)-.5(2)+.2(5)-(50).

Q=90 (level of income)

Computation:

Given , I = 50, Q = 90.

ΔQ / ΔI = -1

Income elasticity of demand = (ΔQ / ΔI) x (I / Q)

Income elasticity of demand = - 1 x (50 / 90)

Income elasticity of demand = - 0.56

4 0

3 years ago