Answer:
B. help you accurately record your income and expenses
Explanation:
The advantages of advantage that an AIS would offer in using it for your finances is "it would help you accurately record your income and expenses."
The AIS otherwise known as Accounting Information System is a form of systemic structure in which a company or business financial data are gathered, stored, process, and accessed when needed to be used for business or financial decisions. It offers a high level of accuracy, security and easily accessible.
Answer:
192.1
Explanation:
From monday and friday you earned 130$ because 6(10)+7(10)=130
Saturday you earned 96$ (12x8)
so adding those values you have 226$
you have to subtract 15% for tax.
So the equation would be
Answer:
a. $112,000
b. $7,500
Explanation:
(a) transferred out
Units transferred out are 100% complete for both materials and conversion costs, thus multiply the Total Cost per Equivalent units with the number of units transferred.
Cost of units transferred out = $8 × 14,000 units
= $112,000
(b) in ending work in process
Units of ending work in process are 100% complete in terms of materials ( since materials are entered at the beginning of the process) whilst 25% complete in terms on conversion cost (applied uniformly during production).
Cost of ending work in process
Materials ($3 × 2,000 units) = $6,000
Conversion ($3 × (2,000 units × 25%)) = $1,500
Total Cost = $7,500
Answer:
amount of current assets is $61400
Explanation:
given data
inventory = $17600
equipment = $128300
accounts payable = $24700
cash = $11900
accounts receivable = $31900
to find out
the amount of the current assets
solution
we know here that current assets have cash and inventory and account receivable and
account payable is current liability
and equipment is long term assets
so
we can say current assets will be
current assets = inventory + cash + account receivable ....................1
put here value
current assets = 17600 + 11900 + 31900
current assets = $61400
So, current assets = 11,900+17,600+31,900 = 61,400 (Answer)
Answer:
D. $3,500
Explanation:
we must focus on the result of the year and the dividends paid, since these decrease the <u>Retained Earnings</u>
Cash flow has no impact and the insurance of stock is within the result of the year
2019, income was 1200 less dividends allocated
200
<u>Retained Earnings</u>= 1000
2020 result of 500 without dividend distribution
<u>Retained Earnings</u>= 500
2021 result of 2300 and distribution of dividends by 300
<u>Retained Earnings</u>= 2000
<u>Total Retained Earnings</u>= 3500
