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svlad2 [7]
2 years ago
13

Dr. Peabody recorded an $82 telephone bill that he will pay within thirty days. Which of the following statements is correct?

Business
1 answer:
lana66690 [7]2 years ago
7 0

Answer:

A. Telephone expense is debited $82; accounts payable is credited $82.

Explanation:

Mr. Peabody has incurred a debt of $82 on telephone expenses. His expenses have increased by $82, and his debts(liabilities) have also increased by $82.

An increase in expenses is recorded by debiting the relevant expense account. Mr. Peabody will debit the telephone expense account by $82.

Liabilities have increased by $82. An increase in liabilities is recorded by crediting the liabilities account. Mr. Peabody will complete this transaction by crediting the liabilities account by $82.

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Explanation:

4 0
3 years ago
Which of the following is not a basic consumer right?
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Answer:

C

the right to be refunded

Explanation:

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Over the course of 40 years, Sal grew his company to six package shipping stores. with his retirement approaching and the increa
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Answer:

<em>C. defensive strategy </em>

Explanation:

<em><u>Defensive strategy</u></em><em> </em><em> is been represented by the effort of Sal's reduction</em>.

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In the scenario which is been represented in the question the Sal's company indulge's in the action that is known as defensive strategy.

7 0
3 years ago
Department 1 completed and transferred out 450 units and had ending work in process inventory of 60 units. The ending inventory
sergeinik [125]

Answer:

The equivalent units of production for materials is 570.

Explanation:

Equivalent units measures the number of units completed to the extend of in puts introduced to the outputs.

<u>Calculation of equivalent units of production for materials.</u>

Units completed and transferred (450 × 100%)       450

Units in ending work in process ( 60 × 20 %)             12

Total equivalent units of production for materials   570

Conclusion :

The equivalent units of production for materials is 570.

8 0
3 years ago
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Answer:

modified product - multiple markets

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3 years ago
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