Answer:
A.20per ton
B.141,600
C.389,400
Explanation:
A.
($856,800+$97,200-$108,000+$216,000)/53,100 tons
=$1,062,000/53,100
= 20per ton
(b)
Resources removed totaled 26,550 tons
Less company sold 19,470 tons.
Balance 7,080 tons
Hence
Inventory 20*7,080
=141,600
(c)
20* 19,470 tons
=389,400
The beginning balances should be entered in the general ledger as of April 30, 2017, as
follows:
A. Beg. Bal
Supplies
(Beg. Bal 500]
Equipment,
[Beg.Bal___ 24000]
‘Accounts Payable
72100 Beg. Bal
Notes Payable
110000 Beg. Bal
neared Service Revenue
1000 Beg. Bal
Common Stock
‘5000 Beg. Bal
Retained Earnings
11400 Beg. Bal
D.
Prepare the trial balance as follows:
PM Salonine.
Trial Balance
As on May 31, 2017
Account Titles Debit ($) Credit ($)
Cash 5100
Supplies 1200
Equipment 24000
‘Accounts Payable 1200
Unearned Service Revenue 1200
Notes Payable 10000
Common Stock 5000
Retained Earnings 11400
Service Revenue 6000
Salaries Expense 2400
Rent Expense 1000
Advertising Expense 500
Utilities Expense 400
Interest Expense 50
Income Tax Expense 150
Total 34800-34800
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The process of documenting project procurement decisions specifying the approach and identifying potential sellers
Answer:
Inflationary Pressure
Explanation:
Inflationary pressures are the underlying causes of inflation. These pressures are the reason that the production of goods increases to meet or exceed consumer demand or that prices increase due to lack of supply. Inflationary pressures cause the economy to adjust as a result of supply and demand.
False they can transfer credits
