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3 years ago

A checkmark in the PR column in the general journal means the?

Business

1 answer:

snow_lady [41]3 years ago

3 0

Answer: Option (D)

Explanation:

Checkmark in the post reference column of general journal refers to the fact that amount has been recorded in subsidiary ledger. As for each of the general ledger account there tends to lie a subsidiary ledger and the cumulative balance of the subsidiary ledger is also presented in balance sheet. For example, there are "n" number of the vendors in a business, but in the balance sheet only one account lies under the heading creditors. This is so, as posting entry the sub-ledger of the individual vendor is referred and accordingly, the cumulative balance of all vendors is presented in balance sheet as a final general ledger account.

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Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs

eimsori [14]

Answer:

a. 22,400 units

b. 27,600 units

Explanation:

Break even point is the level of Activity where a firm neither makes a profit nor a loss.

Break -even (units) = Fixed Costs / Contribution per unit

Contribution per unit

Contribution per unit = Sales per unit less Variable Cost per unit

= $66 - $44

= $22

Break -even (units) = $492,800 / $22

= 22,400 units

Sales units to reach a target profit = (Target Profit + Fixed Costs) / Contribution per unit

= ($114,400 + $492,800) / $22

= $607,200 / $22

= 27,600 units

4 0

3 years ago

The mayor of your hometown has said she will request that the federal government extend a nearby interstate highway so that it p

jolli1 [7]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

3 0

3 years ago

Ed bostrom wants to reduce his fixed expenses. which action would be appropriate? group of answer choices

vodomira [7]

Ed Bostrom wants to reduce the fixed expenses he has to find a place to live with a lower rent

An expense is an item that generally requires an outflow of money or some form of property to another person or group in payment for an item, service, or another category of expense. For tenants, rent is an expense. For students and parents, teaching is a cost. Buying groceries, clothes, furniture, or a car is often referred to as an expense.

Expenses are expenses that are usually "paid" or "remitted" in exchange for something of value. What looks tall is "high". Anything that looks cheap is "cheap". "Dinner Expenses" means expenses such as meals, snacks, and feasts.

Learn more about expenses here

brainly.com/question/8225307

#SPJ4

7 0

2 years ago

Norwood, Inc. purchased a crane at a cost of $80,000. The crane has an estimated residual value of $5,000 and an estimated life

qwelly [4]

Answer:

Book value= $51,875

Explanation:

Giving the following information:

Purchase price= $80,000

Salvage value= $5,000

Useful life= 8 years

First, we need to calculate the annual depreciation under the straight-line method:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (80,000 - 5,000) / 8

Annual depreciation= $9,375

Now, we can determine the book value at the end of 2019:

Book value= purchase price - accumulated depreciation

Book value= 80,000 - (9,375*3)

Book value= $51,875

8 0

3 years ago

On a coordinate plane, a curved line with a minimum value of (negative 1, negative 2), crosses the x-axis at (negative 2, 0) and

Scrat [10]

Answer: (-2,0), (0,0) or A and B on E2020

Explanation: The line chart shows the X-intercepts as (-2,0) and (0,0).

Also: Just took quiz and got 100%

7 0

3 years ago

Read 2 more answers