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
LenKa [72]
3 years ago
10

Using the following accounts and their​ balances, prepare the trial balance for Connor Furniture Repair as of December 31 comma

2018. All accounts have normal balances.
Cash $8,000
Unearned Revenue 7,480
Equipment 2,600
Service Revenue 9,200
Common Stock 17,000
Advertising Expense 1,400
Utilities Expense 6,000
Rent Expense 200
Accounts Payable 5,600
Dividends 5,080
Business
1 answer:
Phantasy [73]3 years ago
6 0

Answer:

Explanation:

Connor Furniture Repairs

Trial Balance

Dec31, 2018

Cash                                 $8,000(Debit)

Equipment                        $2,600(Debit)

UneranedRevenue                                            $7,480(Credit)

Accounts payable                                              $5,600(Credit)

Common stock                                                   $17,000(Credit)

Service revenue                                                 $9,200(Credit)

Advertising Expense       $1,400(Debit)

Utilities Expense              $6,000 (Debit)

Rent Expense                   $200 (Debit)

Dividends                          $5,080 (Debit)

You might be interested in
Totz Company produces jump ropes. Totz Company has the following sales projections for the upcoming​ year:First quarter budgeted
LenKa [72]

Answer:

Production budget for First quarter= 16,500 units

Explanation:

<em>The production budgeted for a particular period is the expected units to be produced after adjusting the sales budget figures for opening and closing inventories. </em>

Production = Sales volume + closing inventory - opening inventory

Closing inventory = 20% × second quarter sales

                           = 20% × 20,000 = 4,000 units

<em />

<em>Production budget for the first quarter</em>

=17,000 + 4000 -4500

= 16,500 units

8 0
3 years ago
An employee scans his badge to open a door, and the door opens. The employee does not have access to the room as part of the job
Deffense [45]

Answer:

The correct answer is: False positive.

Explanation:

In statistics, a False positive outcome refers to the scenario when ac action is carried out expecting a negative result but eventually the action works. The term is widely used in medicine in cases, for instance, when women have positive results on pregnancy tests but they are not expecting a baby.

4 0
3 years ago
Which types of computers have all of the hardware integrated with the monitor?
oksano4ka [1.4K]
All-in-one computers are <span>types of computers have all of the hardware integrated with the monitor.

All-one-computer was first designed in 1998 by </span><span>Apple iMac. In this computer, all system components and hardware are just integrated into one unit.</span>
3 0
3 years ago
On November 1, 2021, Jamison Inc. adopted a plan to discontinue its barge division, which qualifies as a separate component of t
Alex Ar [27]

Answer:

$78 million

Explanation:

Data given in the question

Operating loss = $78 million

Estimated operating loss = $97 million

Excess of fair value, less costs to sell, over book value = $17 million

So, by considering the above information, the before-tax loss on discontinued operations is $78 million because the fair value is exceeded from the book value i.e $17 million. Moreover, the asset is also not impaired. So only operating loss would be reported

8 0
3 years ago
A concept test is an in-depth questionnaire filled out both by internal marketing personnel and external customers to ensure tha
Vedmedyk [2.9K]

A concept test is an in-depth questionnaire filled out both by internal marketing personnel and external customers to ensure that the final product meets all the needs expressed in the original product plan is given below

Explanation:

1.Concept testing is validating your product concept with your target market prior to launch.

3 Steps To Build An Effective Concept Test

Step 1: Choose your test methodology. ...

Step 2: Design and field your study. ...

Step 3: Identify the most promising product concept.

2.Ways of measuring customer satisfaction include:

  • Survey customers. ...
  • Understand expectations. ...
  • Find out where you are failing. ...
  • Pinpoint specifics. ...
  • Assess the competition. ...
  • Try to measure the emotional aspect. ...
  • Loyalty measurement. ...
  • A series of attribute satisfaction measurement.

3.A company's success lies in its ability to offer products and services that fill customer demand. Measuring customer satisfaction helps you take stock of that demand, find out what your customers like, and maybe even discover what they don't like and what leads to dissatisfaction.

4.The 5 Biggest Challenges in Measuring Customer Satisfaction

  • Reducing the financial impact of customer dissatisfaction. ...
  • Controlling the cost of customer acquisition. ...
  • Highlighting what is most attractive about your company's image. ...
  • Reinforcing the relevance of your approach to continuous improvement. ...
  • Improving the efficiency and the adequacy of your offerings.

5.A product concept is a detailed description of an idea, which you describe from the perspective of your customer. Taking your customers' viewpoint when describing your product concept will help you test and evaluate how responsive your market will be to your product.

6.The major purpose of concept testing is to evaluate the ideas in a better way. This is done to determine the buying intentions and attitudes of the customers towards the product. The main idea is to determine the initial reaction of the customers for the product idea.

4 0
3 years ago
Other questions:
  • Suppose that the central bank has increased the money supply such that there is an additional $ 231115 in excess reserves. If th
    10·2 answers
  • Adams Moving and Storage, a family-owned corporation, declared a property dividend of 1,200 shares of GE common stock that Adams
    11·1 answer
  • Which development would most reflect Karl Marx's belief in the economic
    5·2 answers
  • A professional office center is purchased for $475,000. The land value is 20% of the total acquisition cost. What is the annual
    13·1 answer
  • your Christmas ski vacation was great, but it unfortunately ran a bit over budget. All is not lost, because you just received an
    7·1 answer
  • Quintina decided to increase the deduction percentage of her federal income tax rate from 14% to 16%. Quintina’s gross pay per m
    14·2 answers
  • A7X Corp. just paid a dividend of $2.50 per share. The dividends are expected to grow at 17 percent for the next eight years and
    5·1 answer
  • Porter Co. is analyzing two potential investments. Project XProject Y Cost of machine$68,000 $60,000 Net cash flow: Year 1 24,00
    6·1 answer
  • In each of the following situations, indicate whether the 50% reduction for meals applies.
    15·1 answer
  • What is responsibility accounting? why should noncontrollable costs be excluded from perfor-mance reports prepared in accordance
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!