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Agata [3.3K]
3 years ago
13

During the first year of Wilkinson Co.'s operations, all purchases were recorded as assets. Store supplies in the amount of $19,

350 were purchased. Actual year-end store supplies amounted to $6,450. The adjusting entry for store supplies willa. increase net income by $12,900.b. increase expenses by $12,900.c. decrease store supplies by $6,450.d. debit Accounts Payable for $6,450.
Business
1 answer:
kherson [118]3 years ago
5 0

Answer:

b. increase expenses by $12,900

Explanation:

The final balance of Store Supplies were 19,350, but the actual year-end store supplies inventory were 6,450. That means that from all purchase 12,900 (19,350 – 6450) were used during the accountable year, therefore, those were expenses that should be recognized.

The adjusting entry is: Debit supplies expense for 12,900 and credit supplies for an equal amount.

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where is the study at?

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Chen is listing questions to help him evaluate his career choice of French language translator. Which question would best help h
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Answer:

This question is incomplete, it misses the options. The optiones are the following:

A. Which countries in the world have French as their first language? B. How much will it cost to train for this career choice? C. Which language other than French is beneficial to learn? D. Is translation a career that many people respect?

And the correct answer is the option B: how much will it cost to train for this career choice?

Explanation:

To begin with, the fact that the second question is the one that will best help him in order to think critically about his career choice is that because he needs to now how much will he need in order to learn that career and if the costs will be worth it in the case of choosing it and for that he will need to compare the costs with the approximates benefits that he will have in the future. That is why, Chen needs to questions himself if the costs will be worth it.

7 0
3 years ago
What are two strategies for dealing with information overload?
Brilliant_brown [7]

Answer:

Letter d is correct. Filtering and withdrawal.

Explanation:

Information overload occurs when there is an excess of daily information, which is enhanced by the use of technologies whose information circulates in free demand and real time. In the organizational world, the use of information technologies has greatly facilitated work processes, data and indices have dramatically increased understanding of buying and selling behaviors, management and control, and internal and external communication. However, it is important to set limits so that there is not too much information, which instead of helping the processes, can confuse individuals, cause conflicts and even a loss of focus.

So the two strategies that best fit the control of information overload are filtering content so that you don't lose focus on what is really relevant to your daily work and withdrawal what is not relevant at the moment. By planning and managing information it is possible to establish greater control.

4 0
3 years ago
The Perez Company has the opportunity to invest in one of two mutually exclusive machines that will produce a product it will ne
barxatty [35]

Answer:

Machine A = $ 1.22 million

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Explanation:

The Equivalent Annual Annuity of the machines is as follows

Machine A = $ 1.22 million

Machine B = $ 0.70 million

Thus the Machine A with a higher Equivalent Annual Annuity of $ 1.22 Million is the better machine.

If the company accepted the better machine which is Machine A, the value of the company increases by $ 3.57 Million (Which is the net total of discounted cash Inflows = Net Present value of Machine A)

See attached file for details.

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3 years ago
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tatyana61 [14]

Answer:

serves as a unit of account

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The four main functions of money are:

  1. it serves as a unit of account: it provides a common measure of the value of goods and services being exchanged. Since the euro is used in most of Europe, you can determine that the bouquet is cheaper in Belgium than in France.
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