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2 years ago

When an employee does the work necessary to remove physical dirt or food residue from a surface, that is referred to as?

1 answer:

3 0

They are referred to as a janitor or a cleaning service. They are the ones responsible of keeping a place in good condition and to make everything neat and dirt free as possible. It could be described above as removing physical dirt or food from the surface is their job description as they make sure that the place is clean, neat and dirt free.

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Joe Donney operates a roller skating center. He has just received the monthly bank statement at August 31 from Citizens National

dlinn [17]

Answer:

Donney actually have $1,577 at August 31, 2014

Explanation:

Prepare a Bank reconciliation to determine the accuracy of the Cash Balance using the following steps

Step 1

<em>Update the Cash Book (Bank Column) Balance</em>

<u>Cash Book (Bank Column)</u>

Debit :

Balance as at August 31 $1,620

Rent collection $375

Total $1,995

Credit :

Service charge $9

Dishonored Checks $137

Printing Charge $20

Error : Understatement $252

Balance as per updated CB $1,577

Total $1,995

Step 2

<em>Prepare a Bank Reconciliation Statement</em>

<u>Bank Reconciliation Statement as at August 31</u>

Balance at Bank as per updated Cash Book $1,577

Add Unpresented Checks $756

Less Lodgements not yet credited ($1,695)

Balance as per Bank Statement $638

Conclusion :

Now that we have reconciled the Updated Cash Balance of $1,577 to the Bank Statement we can safely say Donney actually has $1,577 cash at August 31, 2014.

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3 years ago

When tires are taxed and sellers of tires are required to pay the tax to the government, Group of answer choices the price paid

lyudmila [28]

The correct option is, the quantity of tires bought and sold in the market is reduced.

<h3>When tires are taxed and sellers of tires are required to pay the tax to the government?</h3>

The amount of tires purchased and sold on the market decreases when tires are taxed and tire vendors are compelled to pay tax to the government.
The loss of consumer and producer surpluses that are not accounted for in government revenue.

<h3>When a tax is placed on a product the price paid by buyers?</h3>

In general, taxes increase the price consumers pay, decrease the price sellers receive, and decrease the amount of goods sold.
A tax must result in a deadweight loss if it is imposed on a good and sales volume is decreased.

<h3>What is deadweight loss?</h3>

The cost of market inefficiency, which happens when supply and demand are out of balance, is known as a deadweight loss.
Deadweight loss, a term mostly used in economics, refers to any deficit brought on by an ineffective resource allocation.

Learn more about taxed here:

brainly.com/question/26316390

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7 0

1 year ago

The cost of goods for Mandy Manufacturing Company flow through an assembly and a finishing department before being transferred t

laila [671]

Answer:

Option (D) is correct.

Explanation:

Given that,

Beginning work in process = $4,000

Ending work in process in finishing department = $6,000

Cost transferred = $47,000

Direct material = $15,000

Direct labor = $46,000

Overhead = $22,000

Cost incurred in finishing department:

= Beginning work in process + Cost transferred + Direct material + Direct labor + Overhead

= $4,000 + $47,000 + $15,000 + $46,000 + $22,000

= $134,000

Cost of goods transferred to the Finished Goods Inventory account:

= Cost incurred in finishing - Ending work in process

= $134,000 - $6,000

= $128,000

5 0

3 years ago

General Steel wants to install technology into its logistics management system. This technology will enable General Steel to gai

kati45 [8]

Answer: B. radio frequency identification.

Explanation: Radio Frequency Identification (RFID) is the use of radio waves to read and capture information stored on a tag attached to an object, providing a unique identifier for an object. RFID Technology is used in many industries and in a wide variety of applications as it can deliver a number of benefits fo item-revelations.

RFID is used for item level tagging in retail stores. In addition to inventory control, this provides both protection against theft by customers (shoplifting) and employees ("shrinkage") by using electronic self-checkoutillance (EAS), and a self checkout process for customers.

5 0

3 years ago

Read 2 more answers

Problem 8-15 Comparing Investment Criteria [LO 1, 3, 4, 6] Consider the following two mutually exclusive projects: Year Cash Flo

stiks02 [169]

Answer:

Payback period (A) is 3.44 years

Payback period (B) is 2.39 years

Explanation:

Cash Flow (A) –$428,000; $42,500; $63,500; $80,500; $543,000

Cash Flow (B) –$41,500; $20,700; $13,000; $20,100; $16,900

The payback period will note consider discounting rate, thus we do manual counting till the cash flow equal to zero (0)

Payback period = Number of Years immediately preceding year of break-even + (investment - cashflow of Years immediately preceding year of break-even)/ cashflow of year break- even

Project A will be break even in Year 4, then

Payback period (A) = 3 years + ($428,000 - ($42,500+$63,500+$80,500))/ $543,000 = 3.44 years

Project B will be break even in Year 3, then

Payback period (B) = 2 years + ($41,500 - ($20,700+$13,000))/$20,100 = 3.44 years = 2.39 years

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2 years ago