Answer:
a. credit to Cash for $63,316.
Explanation:
Given;
Pension contribution by GL Inc. percentage = 11%
Salaries for the period = $575,600
Amount to be contributed = 11% × $575,600
                                             = $ 63,316.00  
To account for this, the required journal would be
Debit      Pension Expense        $ 63,316.00
Credit     Cash account              $ 63,316.00
The right option is a. credit to Cash for $63,316.
 
        
             
        
        
        
Answer:
Explanation:
The sugar would dissolve in water. You could then pour off the solution and wash the remaining sand with a bit more water. Heat the water to evaporate it from the sugar, and the two are separated
 
        
             
        
        
        
Answer:
The 10,000 units of output that will be supplied by the two firms to the market.
Profit that each firm would earn will be higher than previous.
Explanation:
The firm selling 4,000 units at the price of $10 per unit. If the output is increased to 6,000 units the price will increase to $11 per unit. If the new 6,000 units are produced along with the previous 4,000 units then the total output supplied by the two firms will be 10,000 units (6,000 + 4,000). The supply of goods in the market will increase so price will fall and the revenue for the firms will decline but they can benefit with sales volume and their profit can increase.
 
        
             
        
        
        
Answer:
Total cash collection May= $60,000
Explanation:
Giving the following information: 
Cash collection:
30% are collected in the month of sale
60% are collected in the first month after sale
10% are collected in the second month after sale. 
Sales:
April= $60,000
May= $80,000
<u>We need to calculate the cash collection for May:</u>
Cash collection:
Sales in cash May= (80,000*0.3)= 24,000
Sales in account from April= (60,000*0.6)= 36,000
Total cash collection May= $60,000
 
        
             
        
        
        
Convenience sampling is used, because the population is taken from a sample that easy to reach