Answer: See explanation
Explanation:
The journal entry to correct the errors is given below:
a. Dr Cash $8400
Cr Account receivable $8400
b. Dr Supplies $2500
Cr Office equipment $2500
Dr Supplies $2500
Cr Account Payable $2500
Note that the first entry that's given in (b) above reverses the incorrect entry. On the other hand, the second entry simply records the correct entry.
Explanation:
the benefits of a savings account is to be secure from thief
Your answer is
<span>B. an invoice</span>
Answer:
22.81%
Explanation:
The computation of the rate of return is shown below:
= (cash inflow ÷ total cost) - 1
where,
Cash inflow is $595,000
And, the total cost is
= $475,000 + $475,000 × 2%
= $475,000 + $9,500
= $484,500
So, the rate of return is
= ($595,000 ÷ $484,500) - 1
= 22.81%
Hence, the rate of return is 22.81%
Basically we applied the above formulas
Explanation: If a claimant's traditional unemployment benefits have been exhausted or a traditional claim has expired, individuals must file a new claim or reopen an existing claim to be determined for eligibility or to continue receiving benefits to which they may be entitled.