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Doss [256]
3 years ago
9

In January, Tongo, Inc., a branding consultant, had the following transactions. a. Received $15,500 cash for consulting services

rendered in January. b. Issued common stock to investors for $14,500 cash. c. Purchased $16,200 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. d. Received $8,150 cash for consulting services to be performed in February. e. Bought $1,620 of supplies on account. f. Received utility bill for January for $1,450, due February 15. g. Consulted for customers in January for fees totaling $16,700, due in February. h. Received $20,200 cash for consulting services rendered in December. i. Paid $810 toward supplies purchased in (e). Prepare the journal entry for each of the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

Business
1 answer:
Alinara [238K]3 years ago
4 0

Answer:

See the explanation

Explanation:

See the image below:

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Umnica [9.8K]

You are responsible for implementing activities for a group of six foreign students and eight American students who are they

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3 years ago
Product Managers are expected to collaborate in planning the amount of upcoming Enabler work by establishing what? a. Accurate u
vaieri [72.5K]

Option D

Product Managers are expected to collaborate in planning the amount of upcoming Enabler work by establishing Completed epic acceptance criteria

<u>Explanation</u>:

Acceptance criteria are a formalized schedule of elements that assure that all user narratives are developed and complete synopses are carried into account. Acceptance Criteria are a collection of observations, respectively with a precise pass/fail outcome, that defines all specifications and are suitable at the Epic, Feature, and Story Level.

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5 0
3 years ago
What's your fav video game and why
Natali [406]

Answer:

Any game with Yoshi in it or Danganronpa.

  • Any yoshi game because I love Yoshi.
  • Danganronpa because of brutal murdering.

8 0
2 years ago
Read 2 more answers
Compared to _____% in 1977, the labor force participation rate for men is now approximately ______% and is expected to decrease
blsea [12.9K]

Answer: 59; 53; 52

Explanation: Compared to 59% in 1977, the labor force participation rate for men is now approximately 53% and is expected to decrease through 2024 to 52%.

6 0
3 years ago
Gilberto Company currently manufactures 84,000 units per year of one of its crucial parts. Variable costs are $2.90 per unit, fi
RoseWind [281]

Answer:

Cost to make $337,600

Cost to make $344,400

The company should make the product

Explanation:

Calculation to determine the total incremental cost of making 84,000 and buying 84,000 units

COST TO MAKE

Relevant per unit Relevant fixed cost Total relevant cost

Variable cost per unit $2.90 - $243,600(84000*$2.90)

Fixed manufacturing costs - $94,000 $94,000

Cost to make $337,600

($243,600+$94,000)

COST TO BUY

Relevant per unit Relevant fixed cost Total relevant cost

purchase per unit $4.10 - $344,400[$4.10*84000]

Cost to make $344,400

Based on the above calculation the cost of buying is higher than the cost of making therefore the company should MAKE the product.

5 0
3 years ago
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