Payroll records show employee earnings and any deductions from those earnings.<br> True<br> False

Bantam company calculated its net income to be $38,775 based on the unadjusted trial balance. The following adjusting entries we

Goryan [66]

Answer:

the amount of net income or loss is $39,285

Explanation:

The computation of the amount of net income or loss is shown below:

= Net income + interest earned + unearned revenue - salaries & wages - prepaid insurance

= $38,775 + $375 + $805 - $395 - $275

= $39,285

hence, the amount of net income or loss is $39,285

The same should be considered and relevant

5 0

3 years ago

Bogart Company is considering two alternatives. Alternative A will have revenues of $160,000 and costs of $100,000. Alternative

ioda

Answer and Explanation:

The computation of the increase or decrease in the net income when Alternative B should be selected rather Alternative A is given below:

<u>Particulars Alternative A Alternative B</u>

Revenue $160,000 $180,000

Less cost -$100,000 $125,000

Net income $60,000 $55,000

If we choose alternative B so there would be decrease in the net income by $5,000

8 0

3 years ago

lYour friend says, "I have some extra money, but I'm not sure if I should save or invest it." What key questions would you ask y

JulijaS [17]

I prefer investing money you can save it too

3 0

3 years ago

25) costs identified as indirect labor should be charged to . a) manufacturing overhead b) direct labor on the job cost record c

trasher [3.6K]

Costs identified as indirect labor should be charged to manufacturing overhead.

Labor economics, or labor economics, seeks to understand the functioning and dynamics of the wage labor market. Labor is a commodity offered by workers, usually in exchange for wages paid by sophisticated firms.

If you have regular contractions that cause changes in the cervix, they are contractions. Contractions occur when the muscles in the uterus contract and then relax. Contractions help push the baby out of the womb.

In the three stages of labor, the body prepares the baby for birth (stage 1), delivers the baby (stage 2), and delivers the placenta (stage 3). During labor, your body uses contractions to dilate and close the cervix.

Learn more about labor here:brainly.com/question/453055
#SPJ4

5 0

2 years ago

You made an investment of $12,000 into an account that paid you an annual interest rate of 3.5 percent for the first 5 years and

Whitepunk [10]

Answer:

interest rate r = 6.78 %

Explanation:

given data

investment = $12,000

interest rate = 3.5 percent = 0.035

time = 5 year

interest rate = 7.9 percent = 0.079

time = next 15 year

to find out

What was your annual rate of return over the entire 20 years

solution

we get here interest rate as

interest rate r = $[(1+r)^{t1} * (1+r)^{t2}]^{\frac{1}{t1+t2}} - 1$ ...................1

here t1 is time period for first 5 year and t2 is time i.e next 15 year and r1 and r2 is rate

now put here value we get

interest rate r = $[(1+)^{t1} * (1+r)^{t2}]^{\frac{1}{t1+t2}} - 1$

interest rate r = $[(1+0.035)^{5} * (1+0.079)^{15}]^{\frac{1}{5+15}} - 1$

interest rate r = 1.0678 - 1

interest rate r = 0.0678

interest rate r = 6.78 %

4 0

2 years ago

Payroll records show employee earnings and any deductions from those earnings. True False