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ycow [4]
3 years ago
12

Larry Bar opened a frame shop and completed these transactions: Larry started the shop by investing $40,700 cash and equipment v

alued at $18,700. Purchased $140 of office supplies on credit. Paid $1,900 cash for the receptionist's salary. Sold a custom frame service and collected $5,200 cash on the sale. Completed framing services and billed the client $270. What was the balance of the cash account after these transactions were posted
Business
1 answer:
IgorC [24]3 years ago
7 0

Answer:

$44,000

Explanation:

<u>Computation of Cash account balance </u>

Particulars                                        Amount

Initial investment of cash                $40,700

Add: Cash collected from sales     $5,200

Less: Salaries paid                          <u>$1,900</u>

Balance of cash account               <u>$44,000</u>

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A is quite clearly the correct answer. An effective team member would not utter such a statement; an effective team member would say any of the others, however.

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3 years ago
Ron Johnson, JCPenney’s former CEO, had a vision to make Penney hipper, and he changed long-held strategies and management pract
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C. innovative change

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3 years ago
Lars, a shoe salesman, is paid every two weeks, whereas Tom receives a commission for each pair of shoes he sells. Evidently, La
alekssr [168]

Answer:

Lars is paid on a <u>FIXED INTERVAL</u> schedule of reinforcement, and Tom on a <u>FIXED RATIO</u> schedule of reinforcement.

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3 0
4 years ago
3.1 Balance sheet: Given the following information about Elkridge Sporting Goods, Inc., construct a balance sheet for June 30, 2
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3 years ago
The most effective way that commercial development in sensitive archaeological areas can be avoided is through?
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Effective planning legislation is the most effective means of preventing commercial development in sensitive archaeological regions.

<h3>What precisely are delicate archaeological sites?</h3>

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A small number of locations within the City of Monash have been identified as having low potential archaeological sensitivity for Aboriginal sites based on the desktop analysis and the high level of disturbance induced by urban development in the majority of the study territory. Only a small portion of High Street Road and the study area's extreme east along Dandenong Creek had been previously searched for archaeological sites. Although an archaeological survey was not specified in the project brief, all of the sites in the research region were surveyed during the current investigation. As a result, it has been difficult to identify possible sensitive areas. Future archaeological investigations in the City of Monash will test this theory.

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4 0
2 years ago
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