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Svet_ta [14]
2 years ago
14

The following selected transactions were completed during March of the current year: March 1 Billed customers for fees earned, $

54,100. 4 Purchased supplies on account, $1,250. 8 Received cash from customers on account, $43,800. 11 Paid creditors on account, $600.
Required:
A. Journalize these transactions in a two-column journal. Refer to the list of accounts in the T accounts for exact wording of account titles.
B. Post the entries prepared in (A) to the following T accounts: Cash, Supplies, Accounts Receivable, Accounts Payable, Fees Earned. To the left of each amount posted in the accounts, select the appropriate date.
C. Assume that the unadjusted trial balance on March 31 shows a credit balance for Accounts Receivable. Does this credit balance mean an error has occurred?
Business
1 answer:
Tcecarenko [31]2 years ago
6 0

Answer:

The following selected transactions were completed during March of the current year: March 1 Billed customers for fees earned, $54,100. 4 Purchased supplies on account, $1,250. 8 Received cash from customers on account, $43,800. 11 Paid creditors on account, $600.

Explanation:

plz mera answer ko brainliest kar do...

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1.5 marks
ratelena [41]

Answer:

C) 15 months

Explanation:

As per the law, a company with two or more shareholders must hold an Annual AGM every year.  The AGM for a new company must be held within the first nines months after the financial year.

The AGM for an existing company must be held not later than six months after the end of a financial year. However, the law has set 15 months as the maximum gap of time allowed between two general meetings.

3 0
2 years ago
What would cause the prices to drop
Ganezh [65]
Things that would cause prices to drop would be the quantity if there is more of that thing the price drops or the value of that thing just drops.
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Joss is a marketing consultant. Iris and Daphne are potential customers interested in commissioning Joss to undertake a market s
posledela

Answer: d. both Iris and Daphne will want to purchase Joss's services but Joss will not be willing to undertake the job.

Explanation:

Iris will want Joss's services but they will be unable to afford them as Iris is only willing to pay $500 whereas Joss wants $1,200 for the job.

The same goes for Daphne who is only willing to pay $800.

Both of them will therefore want to hire Joss but will be unable to.

Joss could however charge both of them their willingness to pay and then sum the cash up and give them both the research whilst still making a profit.

6 0
2 years ago
In a country where only two goods are produced and consumed, the production and consumption of Good X results in external benefi
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Answer:

Would unregulated markets produce too much or too little of Good X and Good Y, compared to the efficient output levels for these products?

Explanation:

Good X: Too Little

Good Y: Too Much

8 0
3 years ago
When a country that imports shoes imposes a tariff on shoes, buyers of shoes in that country become worse off.
blondinia [14]
It is true because a country that imports a tariff on shoes buyers of shoes in that country don’t do well so the answer would be True
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