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Flauer [41]
3 years ago
13

Here is the ledger for Blossom Company.

Business
1 answer:
Alex777 [14]3 years ago
3 0

Answer:

1/Oct : Cash (Dr.) $8,660

Accounts Receivable (Cr.) $8,660

10/Oct : Equipment & Supplies (Dr.) $9,660

Notes Payable (Cr.) $9,660

20/Oct : Accounts Receivable (Dr.) $2,640

Service Revenue (Cr.) $2,640

Explanation:

Debits $16,960

Cash 6,600

Accounts Receivable 1,840

Supplies 1,840

Equipment 4,660

Dividend 2,020

Credits : $16960

Accounts Payable 4,660

Notes Payable 9,660

Service Revenue 2,640

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Your regular price is $30/unit, unit variable cost is $20/unit and fixed costs are $3,000 per month. Because of the recession, y
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Answer:

Answer is in table which is attached in the attachment. Please refer to the attachment.

Explanation:

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8 0
3 years ago
Bramble Corp. makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Budge
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Answer:

$93,840

Explanation:

Calculation to determine how much is the total budgeted variable selling and administrative expenses for October

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