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RoseWind [281]
3 years ago
6

On the worksheet, the Service Revenue account has a credit balance of $20,000 on the Unadjusted Trial Balance. In the Adjustment

s there is a credit of $2,000. What is the amount for Service Revenue in the Adjusted Trial Balance?
Business
1 answer:
Vesnalui [34]3 years ago
6 0

Answer:

$22,000

Explanation:

Data provided

Credit balance = $20,000

Credit amount = $2,000

The computation of the amount for Service Revenue in the Adjusted Trial Balance is shown below:-

The Amount for service revenue = Credit balance + Credit amount

= $20,000 + $2,000

= $22,000

Therefore we have applied the above formula for determining the Amount for service revenue.

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Morgarella [4.7K]

In order for the hitch ball to be secured properly, the last part which is assembled is nut.

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4 0
4 years ago
A company has a net cash inflow from operating activities of $793,000, a net cash outflow of $58,000 from investing activities a
IRINA_888 [86]

Answer:

Incorrect Statement about the Statement of Cash Flows:

c. The cash dividends of $201,000 paid will be reported as a cash outflow in the cash flow from investing activities section.

Explanation:

Cash dividends of $201,000 will be reported as a cash outflow in the financing activities section and not the investing activities section.

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4 0
3 years ago
You were recently hired by the Andrews CEO as a consultant to evaluate the performance of the Chief Financial Officer (CFO). As
Arte-miy333 [17]

The least effective step in this process would be to focus only on the CFO's job performance and not his inappropriate behavior in the workplace.

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8 0
2 years ago
The spaghetti sells 340 units per week at $12 per plate. The steak sells 212 units at $16 per plate. Which has the higher
stepan [7]

Answer:

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Explanation:

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4 0
3 years ago
What is one key advantage to an employer-sponsored retirement plan?
irinina [24]

Answer:

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Explanation:

I hope this helps. :D

8 0
3 years ago
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