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elena-s [515]
3 years ago
7

Which annual financial statement tells what has been earned, what has been spent, and what is left over?

Business
1 answer:
gizmo_the_mogwai [7]3 years ago
8 0

Answer:

Income statement

Explanation:

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Kopa Company manufactures CH-21 through two processes: Mixing and Packaging. In July, the following costs were incurred. Mixing
Talja [164]

Answer:

mixing WIP 10,000

packaging WIP 28,000

           raw materials inventory  38,000

mixing WIP 8,000

packaging WIP 36,000

           wages payable  44,000

mixing WIP 12,000

packaging WIP 54,000

          Factory overhead 66,000

packaging WIP 21,000

          mixing WIP 21,000

FInished Goods 106,000

       packaging WIP 106,000

Explanation:

the cost for each department are assignet

then we transfer from mising to packing

and finally from packaging to finished goods.

5 0
3 years ago
Sales returns and allowances A) Represent a reduction of the customer's account receivable B) Provide information about dissatis
Yuri [45]

Answer:

The correct options are<em> (B). Provide information about dissatisfied customers and the possibility of lost future sales and  (D). Are usually recorded in separate contra-revenue accounts.</em>

<em />

<em>From the foregoing the Account Receivable should be credited with the full amount of the original sales transactions not debited as provided in option </em><em>"A." Represent a reduction of the customer's account receivable.</em>

Explanation:

<em>Sales Returns and Allowances is a contra-revenue account deducted from Sales</em>. When customers return goods for one unsatisfied reason or the other, adjustments are made to the sales account. Likewise, deductions to the original selling price are made when the customer accepts defective products.

<em>How to Record the Sales Return Transaction </em>

<em>The following under-listed steps are to be taken to make the appropriate entries:</em>

  • Debit sales returns and allowances by the selling price.
  • Debit the appropriate tax liability account by the taxes collected on the original sale.
  • Credit cash or accounts receivable by the full amount of the original sales transaction.
7 0
4 years ago
What non-price determinant is causing the curve to shift? choose the specific letter in the correct acronym
jolli1 [7]

The  non-price determinant of the number of sellers in the market is causing the curve to shift

Demand curve shifts occur when demand determinants other than price change. It occurs when the demand for goods and services changes, even if the price does not change.

To understand this, we first need to understand what the demand curve does. Record the demand plan. This is a detailed chart showing the number of units purchased at each price. It follows the law of demand that people buy fewer units as prices go up. Unless nothing else changes, a business principle is called ceteris paribus. This means that all demand determinants other than price must remain the same.

Learn more about Demand Curve here: brainly.com/question/14297698

#SPJ4

7 0
2 years ago
What is the best way to prevent the transmission of Hepatitis B?
GaryK [48]

Answer:

A! But in addition to vaccination, there are other simple ways to help stop the spread of hepatitis B:

Wash your hands thoroughly with soap and water after any potential exposure to blood

Use condoms with sexual partners

Avoid direct contact with blood and bodily fluids

Clean up blood spills with a fresh diluted bleach solution (mix 1 part bleach with 9 parts water)

Cover all cuts carefully

Avoid sharing sharp items such as razors, nail clippers, toothbrushes, and earrings or body rings

Discard sanitary napkins and tampons into plastic bags

Avoid illegal street drugs (injecting, inhaling, snorting, or popping pills)

Make sure new, sterile needles are used for ear or body piercing, tattoos, and acupuncture

Explanation:

8 0
3 years ago
If you pay​ $2,000 in taxes on an income of​ $20,000, and a tax of​ $3,000 on an income of​ $30,000, then, over this range of in
Lemur [1.5K]
The income tax for 20,000 is 2,000 right?
So to how much percent is 2000 of 20000 you have to divide the number and multiply by 100.
So 2000/20000 is 0.1 right?
Multiply 0.1 worth 100 to get 10% tax.
We can check with the 3000 and 30000 also
7 0
3 years ago
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