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2 years ago

If Karla spent $200 on Wednesday to have the windows in her building washed, recorded the

Business

1 answer:

Agata [3.3K]2 years ago

6 0

Answer:

Accrual Principle

Explanation:

The accrual principle is when a transaction is recorded in the time period that it occurs. In this case, recording a Friday transaction on Friday.

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EBook

attashe74 [19]

Answer:

McDade Company

Comparative Income Statement

For the Years Ended December 31, 2012 and 2011

2012 2011 Change %

Sales $16,800,000 $15,000,000 $1,800,000 12%

COGS ($11,500,000) ($10,000,000) $1,500,000 15%

Gross profit $5,300,000 $5,000,000 $300,000 6%

Selling expenses ($1,770,000) ($1,500,000) $270,000 18%

Adm. expenses ($1,220,000) ($1,000,000) $220,000 22%

Operating exp. ($2,990,000) ($2,500,000) $490,000 19.6%

Operating income $2,310,000 $2,500,000 ($190,000) -7.6%

Other revenue $256,950 $225,000 $31,950 14.2%

EBT $2,566,950 $2,725,000 ($158,050) -5.8%

Income taxes ($1,413,000) ($1,500,000) ($87,000) -5.8%

Net income $1,153,950 $1,225,000 ($71,050) -5.8%

6 0

3 years ago

What are some non-monetary costs of attempting to eliminate risks? loss of life loss of productivity loss of time.

NikAS [45]

Some non-monetary costs of attempting to eliminate risks a are time costs, search costs, and psychological costs .

Non-Monetary cost is a cost which a buyer pays other than money, to acquire a thing.The non-monetary price of acquiring a product comprises the time spent looking for it and the risk taken that it will provide the desired benefits.

Non-monetary costs are another type of sacrifice that customers feel when they purchase and use a service. When deciding whether to purchase a service or repurchase it, time costs, search costs, and psychological costs are frequently taken into consideration and may occasionally be more significant considerations than monetary price.

The psychological expenses associated with receiving these services are the most distressing non-monetary charges. Fear of rejection (bank loans), fear of not understanding (insurance), and worry of uncertainty (including fear of high cost) are all examples of fears.

To learn more about non-monetary costs here

brainly.com/question/1068495

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6 0

1 year ago

In order to communicate clearly with a resident who has hearing loss, the resident assistant should:

Tom [10]

The resident assistant should be patient and try to listen carefully when it comes to understanding thr person's needs and wants.

8 0

3 years ago

This is one of the questions I have and I have no idea what they might be

Westkost [7]

Answer:

1) You get what you get and don't throw a fit?

2)Be patient???

I hope this helps TwT

6 0

2 years ago

On January 1, 2019, Wasson Company purchased a delivery vehicle costing $40,000. The vehicle has an estimated 6-year life and a

ELEN [110]

Answer:

option (A) $29,920

Explanation:

Data provided in the question;

Purchasing cost = $40,000

Estimated life = 6 years

Salvage value = $4,000

Estimated driving life = 100,000

Vehicle driven in total till 2020 = 10,000 + 18,000 = 28,000

Now,

Using the units-of-production depreciation method

Total depreciation till 2020 = $\frac{\textup{Purchasing cost - Salvage value}}{\textup{Estimated driving life}}\times\textup{Total distance driven}$

Total depreciation till 2020 = $\frac{\textup{40,000 - 4,000}}{\textup{100,000}}\times\textup{28,000}$

Total depreciation till 2020 = $10,080

Thus,

Book value on December 31, 2020 = Purchasing cost - Depreciation

= $40,000 - $10,080

= $29,920

Hence,

The correct answer is option (A) $29,920

5 0

3 years ago