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
nata0808 [166]
4 years ago
9

A physical count of supplies on hand at the end of May for Masters, Inc. Indicated $1,250 of supplies on hand. The general ledge

r balance before any adjustment is $2,100. What is the adjusting entry for office supplie s that should be recorded on May 31?

Business
1 answer:
vovikov84 [41]4 years ago
3 0

Answer:

Debit Supplies Expenses $850 and Credit supplies $850

Explanation:

Kimdly check attached picture for explanation

You might be interested in
A social media start-up wants to raise funds to support growth by offering shares to a select group of investors. What type of m
o-na [289]

Answer:

By Private placement, the company will be able to raise funds offering shares to a select group of investors.

Explanation:

7 0
3 years ago
Explain SHOW WORK 16. On November 1, Alan Company signed a 120-day, 8% note payable, with a face value of $9,000. Alan made the
soldi70 [24.7K]

Answer:

c. Debit Notes Payable $9,000; debit Interest Expense $240; credit Cash $9,240.

Explanation:

Interest Expense = $9,000 x 0.08 x 120 / 360 = $240

6 0
4 years ago
Keith enjoys cutting hair and he just graduated from a cosmetology program. He has opened up his own shop, but it has not grown
marysya [2.9K]

Answer:

Franchises.

Explanation:

A franchise is formed when a third party is given the right to market products using the brand name of a parent company. There is usually an agreement between the parent company and the third party on profit sharing from the franchise.

In this scenario Keith wants to try a brand recognition of a national chain, but he wants to stay in his local area and be the owner of the shop.

The best option is to form a franchise where he can use the national brand to grow his business locally.

3 0
3 years ago
Which of the following scenarios is an example of irrelevant media​
Tatiana [17]

An image that does not match the text in any manner.

"Irrelevant" means not related or connected to something. The other examples may not be the best use of media but they are not necessarily irrelevant.

4 0
3 years ago
Read 2 more answers
What is 30% of 3/5​
Setler79 [48]

Answer: Solution for What is 30 percent of 3/5

30 percent *3.50 =

(30:100)*3.50 =

(30*3.50):100 =

105:100 = 1.05

Now we have: 30 percent of 3.50 = 1.05

Question: What is 30 percent of 3.50?

Percentage solution with steps:

Step 1: Our output value is 3.50.

Step 2: We represent the unknown value with $x$x​.

Step 3: From step 1 above,$3.50=100\%$3.50=100%​.

Step 4: Similarly, $x=30\%$x=30%​.

Step 5: This results in a pair of simple equations:

$3.50=100\%(1)$3.50=100%(1)​.

$x=30\%(2)$x=30%(2)​.

Step 6: By dividing equation 1 by equation 2 and noting that both the RHS (right hand side) of both

equations have the same unit (%); we have

$\frac{3.50}{x}=\frac{100\%}{30\%}$

3.50

x​=

100%

30%​​

Step 7: Again, the reciprocal of both sides gives

$\frac{x}{3.50}=\frac{30}{100}$

x

3.50​=

30

100​​

$\Rightarrow x=1.05$⇒x=1.05​

Therefore, $30\%$30%​ of $3.50$3.50​ is $1.05$

Explanation:

7 0
3 years ago
Read 2 more answers
Other questions:
  • Morgan Company's budgeted income statement reflects the following amounts: sales Purchases Expenses January $121,000 $79,000 24,
    6·1 answer
  • David keeps harping over any problem that he comes across at work. He goes over the details regarding the problem repeatedly.
    10·2 answers
  • Mario and Johnny want to start a business. They have very little capital. They are new partners and largely unfamiliar with each
    12·1 answer
  • How does a project charter support the project manager in getting things for the project from other people?
    7·1 answer
  • What is a disadvantage of a sole proprietorship?
    12·1 answer
  • The Phantom Corporation started 6,700 units during February. Phantom started the month with 890 units in process (40% complete)
    15·1 answer
  • Antiglobalization activists:
    7·1 answer
  • El Dorado Foods Inc. owns a chain of specialty stores in the Pacific Northwest. Recently, four of the stores have experienced de
    8·1 answer
  • Paul, who runs a retail jewelry store, went with Jane, to whom he was engaged to be married, to a wholesale jewelry store. Paul
    7·1 answer
  • Professor Hyden, a retired mathematics teacher, had tried to impress upon his granddaughters the importance of mathematics, so i
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!