1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
KengaRu [80]
3 years ago
5

Required: Journal entry

Business
1 answer:
lisabon 2012 [21]3 years ago
7 0

Answer:

If a cheque was being issued to settle a account payable, the relevant entry is to debit the accounts payable account to show that the debt is being reduced. You will then credit the cash account to show that cash is being reduced as well because it was used to pay off the debt.

Date                    Account Title                                           Debit               Credit

XX-XX-XXXX     Accounts Payable - Saurya Stores     Rs. 39,000

                           Cash                                                                            Rs. 39,000

You might be interested in
Signature Appliance Group decided to remove the grill unit from the ovens it sells in South America after customers complained t
kifflom [539]

Answer:

Signature Appliance Group

The environmental force that caused the company to change its product features is:

the Social and Cultural Environment.

Explanation:

The Social and Cultural Environment refers to the changing needs of customers in South America as a result of the values, attitudes, and preferred styles of consumers. These are always in a state of flux every year.  Since customers preferred to grill outside rather than inside their kitchens, adding the grill unit in the ovens that the company sells in South America will not enable customers to choose its ovens over competitors'.  To respond to the stated needs of its customers, the grill must be removed, thereby reducing the cost of the ovens.

4 0
3 years ago
In the current period, Forward Co. started with the production of 21,000 units and completed 8,400 units, leaving 13,200 units i
____ [38]

Answer:

$2.51 per unit

Explanation:

The computation of the cost per equivalent unit is shown below:

But before that the equivalent units is to be computed

Equivalent units = units completed + equivalents units in ending inventory

= 8,400 units + (13,200 units × 42%)

= 13,944 units

Now

Cost per equivalent unit = cost incurred ÷ equivalent units

= $34,980 ÷ 13,944  units

= $2.51 per unit

4 0
3 years ago
The general expenses necessary to run the business are called Question 30 options: operating expenses. annual projections. 10-ye
sleet_krkn [62]

Answer:

Operating expenses

Explanation:

Before a business yields a profit as an output , there is a need for some input from the business owners. One of these input is operating expenses .

Operating expenses is supporting cost of keeping the business running in the course of normal production , different from the cost of production and is necessary as every form of other cost may not get a desired result without the operating cost.

Examples include rent , payroll ,transportation , security fees among others.

3 0
3 years ago
Which customer behavior should alert an employee to the possibility of shoplifting?
Svetradugi [14.3K]
Sorry I don’t understand the question
8 0
3 years ago
Read 2 more answers
Which of these people will be eligible for a tax deduction?
AlekseyPX

Interest from banks and dividends are both forms of income, which is taxed. But when you give to charities, you can actually *deduct* it from your taxes.
Let's say you have a stock that gives dividends. That means every month, or six months, etc (depending on the type of dividend) you get paid a certain amount. Sort of like a salary for having the stock.

"tax deductible" means that it can be *deducted* from your amount of taxes owed.

7 0
3 years ago
Read 2 more answers
Other questions:
  • You are investing $500 today. If it is compounded semi-annually at an annual interest rate of 13% for the next 5 years, your inv
    14·1 answer
  • Match the legislation with the correct description.
    15·1 answer
  • Why did a division of labor occur when people started to produce a surplus of food
    6·1 answer
  • A congress woman from a state with several ball-bearing factories explains that it is necessary to impose trade restrictions, su
    12·1 answer
  • Productivity is the
    15·1 answer
  • Compute the present value of $700 paid in three years using the following discount rates: 5 percent in the first year, 6 percent
    10·1 answer
  • Consider the following income statement for the Heir Jordan Corporation:
    14·1 answer
  • The subsidiary of a U.S. corporation located in Country Y generated income of $1,000,000 on which it paid $400,000 (40%) in taxe
    9·1 answer
  • Dakota Company experienced the following events during Year 2. Acquired $20,000 cash from the issue of common stock. Paid $15,00
    15·1 answer
  • Coronado Company reported net income of $69000 for the year. During the year, accounts receivable decreased by $8100, accounts p
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!