Answer:
The answer is: C) Debit supplies $1,000; credit cash $100 and credit notes payable $900
Explanation:
When assets increase, they are debited - so Supplies account should be debited.
When assets decrease, they are credited - so Cash account should be credited.
When liabilities increase, they are credited - so Notes Payable should be credited.
Answer:
the standard price per gallon is $5.25
Explanation:
the computation of the standard price per gallon is given below;
Materials Price Variance = Actual Quantity × (Standard Price - Actual Price)
$90,000 = 40,000 × (Standard Price - $3)
$2.25 = Standard Price - $3
Standard Price = $5.25
Hence, the standard price per gallon is $5.25
The same should be considered
Answer: $18,700
Explanation
Net cash provided by the operating activities = $108,000
Add: Net cash provided by the financing activities = $16,000
Less : The net cash used for the investing activities = $118,500
The net increase in Cash will now.be:
= ($108,00 + $16,000) - $118,500
= $5,500
Add: Cash at the beginning of the year. This will be:
= $5500 + $13,200
= $18,700
Ending cash balance will be $18700
Answer:
A. Use field-level security on page layouts to restrict editing fields Explanation:
By restricting the field security and access, no undesired changes and editing will occur, in fact people doing false editing will think before doing so, as when there will be field security on editing only the authorized sales person will do so, and not any person in the sales team would think to do so.
Therefore, the modification will only be possible for and when there is actual need and by dignified and authorized personnel.