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Advocard [28]
3 years ago
6

Selected accounts with a credit amount omitted are as follows

Business
1 answer:
777dan777 [17]3 years ago
5 0

Answer:

b.$9,290

Explanation:

Calculation for What was the balance of Work in Process as of April 30

WORK IN PROCESS=[(61,100+191,300+57,390)-306,600]+6,100

WORK IN PROCESS=(309,790-306,600)+6,100

WORK IN PROCESS=3,160+6,100

WORK IN PROCESS=$9,290

Therefore the balance of Work in Process as of April 30 will be $9,290

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Ksivusya [100]
Answer will be ‘Desire’ according to me.
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4 years ago
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The payment of a note payable plus the accrued interest would be recorded in the
astraxan [27]

Answer:

The correct answer is A

Explanation:

Cash payments journal is the one which records the all the cash payments which is made by the business which involve the cash purchases of equipment, merchandise, supplies and payment to creditor.

So, the note payable payment in which the cash is received is recorded in the cash payment journal and also the accrued interest.

7 0
3 years ago
When Pat was talking with his customer about the new accounting system, his customer mentioned that she thought the new system w
amid [387]

Answer:

overcoming reservations

Explanation:

From the question we are informed about Pat who was talking with his customer about the new accounting system, his customer mentioned that she thought the new system was not going to fit into their budget. Pat explained that once her people were trained on it, it would require less time to process orders, and therefore save her money in payroll. The part of the sales presentation demonstrated in this case is an example of overcoming reservations.

Sales presentation can be regarded as sales pitch and it's a selling technique which can be explained as line of talk which is an attempts of persuading someone or something, using a planned sales presentation strategy of particular product/service which is been designed to initiate as well as close a sale of that particular product or service, example of this is overcoming reservations which is a method of persuading customers.

8 0
3 years ago
On a production possibilities curve, where would a society dealing with unemployment be producing?
dezoksy [38]
Unemployment willl cause the production possibilities to shift inwards, so I the answer would be option A.
During massive unemployment period, production possibilities will heavily decrease due to the lower amount of capital and the lower amount of consumers for that potential product (which happen because the consumers lose a lot of its purchasing power). This situation will cause the curve to move inwards.
3 0
3 years ago
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A sales invoice included the following information: merchandise price, $11,100; terms 1/10, n/eom, FOB shipping point with prepa
olga2289 [7]

<u>Assuming that a credit for merchandise returned of $1,000 is granted prior to payment and the invoice is paid within the discount period, the amount of cash that should be received by the seller is (a) $10399</u>

<u />

Explanation:

In the first step we will deduct the credit for merchandised return from the merchandise price

=($11,100-1$000)=$10,100 -------(a)

Then we multiply the result by terms (i.e 1/10=.01)

=($10,100*.01)=$101----------(b)

<u>Then we subtract the result of equation a with equation b</u>

($10,100-$101)=$9,999

Then we add the prepaid freight charges to the result obtained

($9,999+$400)=$10399

<u>Answer: </u>$10399

7 0
3 years ago
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