1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
oksano4ka [1.4K]
4 years ago
7

During the month of March, Harley's Computer Services made purchases on account totaling $44,900. Also during the month of March

, Harley was paid $10,100 by a customer for services to be provided in the future and paid $37,600 of cash on its accounts payable balance. If the balance in the accounts payable account at the beginning of March was $78,000, what is the balance in accounts payable at the end of March?
a. $7,300.
b. $5,600.
c. $95,400.
d. $75,200.
e. $85,300.
Business
1 answer:
kolbaska11 [484]4 years ago
4 0

Answer:

e. $85,300.

Explanation:

ending accounts payable

= beginning accounts payable + purchases - payment of accounts payable

= $78,000 + $44,900 - $37,600

= $85,300

Therefore, The balance in accounts payable at the end of March is $85,300.

You might be interested in
What is a company's authorized share capital? ​
nadezda [96]

Answer:

Authorized share capital is the number of stock units (shares) that a company can issue as stated in its memorandum of association or its articles of incorporation. Authorized share capital is often not fully used by management in order to leave room for future issuance of additional stock in case the company needs to raise capital quickly. Another reason to keep shares in the company treasury is to retain a controlling interest in the business.

6 0
3 years ago
Cost behavior refers to the manner in which a.a cost is allocated to products b.a cost changes as the related activity changes c
gayaneshka [121]

Answer: (B) A cost changes as the related activity changes.

Explanation: Cost behaviour is a popular concept in Accounting( studied indepthly in Cost Accounting, a branch of Accounting) that deals with the relationship between cost/expenses and business activity. It tries to explain how much cost would change as a result of increase or decrease in a certain activity or activities in business, with the main aim of finding the best(optimum) combination of cost and activities. In other words, the amount of cost and activities that will yield best returns(maximum profit).

8 0
3 years ago
Read 2 more answers
The income statement for Nadeen, Inc. shows income before income taxes $700,000, income tax expense $210,000 and net income $490
katrin [286]

Answer:

B $4.90

Explanation:

The earnings per share ratio (EPS), is an entities net income after tax that is available the shareholders divided by the weighted average number of shares of common stock that are outstanding during the period of the earnings.

As such, given;

net income after tax = $490,000

number of shares = 100,000

EPS = net income after tax/number of shares

= $490,000/100,000

= $4.90

4 0
3 years ago
Why we remove interest amount from 1 year amount?
Lynna [10]

The interest amount earned is removed from the accumulated amount of savings because the interest is simple interest.

<h3>What is Interest?</h3>

interest is the percentage amount earned over the savings made and deposited in the account, the interest is a basic market interest rate that is applied to the savings to calculate the amount of interest income for a given period of time.

The savings are deposited and they are applied for the interest rate the interest income is also included in the original savings, then for the next year the interest rate will again be only applied to the original savings amount and not the compounded amount that is the original amount of savings plus the interest earned in the first year.

That is why the interest earned in the first year is deducted from the total savings in the account to calculate the interest income for the second year.  

Learn more about Interest at brainly.com/question/17072533

#SPJ1

7 0
2 years ago
Having good Interpersonal communication skills is important for _.
cupoosta [38]
All of the answers above.
Interpersonal communication skills are the ability to communicate well with other people.
5 0
4 years ago
Read 2 more answers
Other questions:
  • A minimum of _____________ african captives were transported to the americas during the trans-atlantic slave trade. 10 million 8
    7·1 answer
  • The British Parliament attempted to regulate trade with the colonies through the:
    7·1 answer
  • Which of these are goals of an expansionary policy? Check all that apply. a. increased available credit b. decreased available c
    10·1 answer
  • In order to ensure success, what are the five rules you need to follow before going into business for yourself?
    15·2 answers
  • ​_________ are programs that often are sponsored by universities or communities that provide select business​ start-ups a small
    5·1 answer
  • "Lyle Co. borrowed $20,000 from First Bank by signing a written promise to pay a definite sum of money on a specific future date
    14·2 answers
  • What is a likely result of an increase in trade between nations
    9·1 answer
  • Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of b
    12·1 answer
  • Silver Inc. has budgeted production costs of $3,000,000, budgeted beginning finished goods inventory of $390,000, and budgeted e
    5·1 answer
  • Why should humans be concerned about rarity of species, not just extinction rates?.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!