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2 years ago

Easy points!

Business

2 answers:

guapka [62]2 years ago

6 0

Yes there is such a thing as a dull question, because it might have little or no meaning or no detail.

Explanation:

MrRissso [65]2 years ago

3 0

Answer:

i dont think so

Explanation:

i love taking surverysand answering question. Actually any type of question i love to answer. You will get to know the person better

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A company using the periodic inventory system has inventory costing $152 on hand at the beginning of a period. During the period

BabaBlast [244]

Answer:

A. $288

Explanation:

The cost incurred to produce or purchase the product which is being sold is called cost of goods sold.

Cost of Goods Sold = Beginning Inventory + Purchases in the period - Ending Inventory

Cost of Goods Sold = $152 + $492 - $356

Cost of Goods Sold = $288

7 0

2 years ago

Read 2 more answers

Judy Olsen, Kristy Johnston, and their mother, Joyce Johnston, owned seventy-eight acres of real estate property on Eagle Creek

Neporo4naja [7]

Yes , Judy and Kristy have an enforceable binding contract

Explanation:

Kristy Johnston, Judy Olsen, and Joyce Johnston, their mother, owned real estate as common buyers. After Joyce died, she left Kristy her one-third share in the house. Kristy sent Judy a letter in 2009 promising Judy to purchase or sell Judy's share in the property.

Judy accepted the sale bid from Kristy. Kristy then tried to refuse Judy's approval and to cancel her bid for sale. Judy lodged a Kristy lawsuit.

The court granted the summary judgment to Judy finding that a contract had been drawn up between the letters exchanged between Judy and Kristy which satisfied the frauds ' status. The Supreme Court ruled that the district court decided out that an enforceable arrangement was established by exchanging letters from the parties.

4 0

2 years ago

why is allowance for doubtful accounts credited, instead of accounts receivable, when recording the adjusting entry for bad debt

alukav5142 [94]

The allowance for doubtful accounts credited, instead of accounts receivable when recording the adjusting entry for bad debts Because accounts receivable is made up of numerous client accounts, it cannot be credited unless it is known which particular customer will not pay.

The provision for questionable accounts is referred to as a "counter asset" since it reduces the value of an asset, in this example, the accounts receivable. The compensation, often known as a doubtful account, is management's projection of the amount of accounts receivable that customers will not pay. Let's assume, using the aforementioned example, that on June 30 a business reports an accounts receivable debit balance of $1,000,000. The business predicts that $50,000 will not be converted into cash and expects some consumers won't be able to pay the full amount.

learn more about doubtful account visit brainly.com/question/28944789

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7 0

9 months ago

Dagny taggart has just purchased a home and taken out a $400,000 mortgage. The mortgage has a 30minus−year term with monthly pa

Sophie [7]

First we have to calculate the monthly payment on the mortgage which is calculated as =PMT(rate,nper,pv) in excel

Monthly payment = PMT(0.054/12,30*12,400000) = $2,246.12

To calculate the amount of principal for the first three months, we construct the amortization table as shown below:

Month Payment Interest Principal Outstanding

0 400000

1 $2,246.12 1800 $446.12 $3,99,553.88

2 $2,246.12 1797.992446 $448.13 $3,99,105.75

3 $2,246.12 1795.975857 $450.15 $3,98,655.60

Total Principal $1,344.40

The total amount of principal that dagny will pay during the first three months of her mortgage is closest to: $1,344.40

7 0

2 years ago

When Clorox introduced bleach in a no-drip bottle, the firm was taking action consistent with its product being in the ____ stag

Nadusha1986 [10]

Answer:

maturity

Explanation:

7 0

1 year ago