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Oduvanchick [21]
2 years ago
15

1. B. Journalize the transactions for May, starting on Page 20 of the journal.*

Business
1 answer:
jeyben [28]2 years ago
8 0

Answer:

Rent Expense (Dr.) $5,000

Cash (Cr.) $5,000

Inventory (Dr.) $35,380

Accounts Payable Martin Co. (Cr.) $35,380

Accounts Receivable Korman Co. (Dr.) $62,000

Sales (Cr.) $62,000

Cost of Goods Sold (Dr.) $48,500

Inventory (Cr.) $48,500

Explanation:

Advertising Expense (Dr.) $21,800

Cash (Cr.) $ 21,800

Cash (Dr.) $62,000

Accounts Receivable Korman Co. (Cr.) $62,000

Customer Refund Payable (Dr.) $31,500

Cash (Cr.) $31,500

Sales Salaries Expense (Dr.) $12,000

Office Salaries Expense (Dr.) $ 38,000

Cash (Cr.) $50,000

Store Supplies Expense (Dr.) $2,200

Cash (Cr.) $2,200

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Abigail (Abby) Boxer, age 38, is a single mother (birthdate April 28, 1982) working as a civilian accountant for the U.S. Army.
DochEvi [55]

Answer:

Step 1 of 4

Aby is a single mother with a dependent child. She files Form 1040A. The form is attached herewith.Some of the highlights are given below:

• Gross Income is calculated as follows.

• Adjusted gross income is same as gross income as there are no deductions for AGI. So, adjusted gross income is $42,730 (line 21).

• Standard deduction under Head of Households is $8,700 (line 24).

• She claims one personal and one dependent exemption. So, her total exemptions are (line 26).

7 0
3 years ago
I think I have the correct answers but I would like a second opinion
Sergio039 [100]

Answer:

the answer is c

Explanation:

3 is in the hundreds

3 0
3 years ago
Carl's monthly take-home pay is $2000, and his monthly rent is $500. if both his monthly take-home pay and his rent increase by
sleet_krkn [62]
5% if I am correct please tell me if I am! Thank you!
4 0
3 years ago
Read 2 more answers
Gordin Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-d
gizmo_the_mogwai [7]

Answer:

1. b) $2 U

2. d) $2800 F

3. a) $6920 F

4. d) $10253 F

Explanation:

1) The activity variance for administrative expenses in May would be closest to: (3000-3020)*.10 = 2 U

Therefore, answer is b) $2 U

2) Revenue variance = (38*4100)-158600 = 2800 F

Hence, answer is d) $2800 F

3) Revenue variance = (5940*32.60)-200564 = 6920 F

So answer is a) $6920 F

4) Spending variance for plane operating costs = (39590+2649*85+4*297)-255690 = 10253 F

So answer is d) $10253 F

8 0
3 years ago
Becky makes $8.75 an hour plus benefits, which are an additional 13.5%.
ratelena [41]

Answer:

$9.93

Explanation:

Becky makes $8.75, the benefits are 13.5 % of $8.75.

Including benefits, Becky makes

=8.75 + ( 13.5 /100 x $8.75)

=$8.75 (0.135 x $8.75)

=$8.75 + $1. 18125

=$9.93125

=$9.93

8 0
2 years ago
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