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
nikdorinn [45]
3 years ago
13

Transactions for Sunland Company for the month of June are presented below.

Business
1 answer:
aev [14]3 years ago
6 0

Answer:

Date          Account Detail                                    Debit                   Credit

June 1        Cash                                                $4,080

                  Common Stock                                                            $4,080

Date          Account Detail                                    Debit                   Credit

June 2       Equipment                                        $1,720

                 Accounts Payable                                                         $1,720

Date          Account Detail                                    Debit                   Credit

June  3      Rental expense                                  $910

                  Cash                                                                                $910

Date          Account Detail                                    Debit                   Credit

June 12     Accounts Receivable                         $800

                 Welding Revenue                                                           $800

You might be interested in
The financial statements of Flathead Lake Manufacturing Company are shown below. Income Statement 2017 Sales $ 9,300,000 Cost of
Nina [5.8K]

Question attached

Answer and Explanation:

Answer and explanation attached

4 0
3 years ago
Congress passed the Sarbanes-Oxley Act to
fiasKO [112]
To… help protect investors from fraudulent financial reporting by corporations
8 0
2 years ago
Look at the following email (attached). Name two good email netiquette practices used in the
Kipish [7]

Two good email etiquettes practices used in email are:

  • Inserting a Subject
  • Keep the email short and restricted to three paragraphs.

Two bad email etiquettes used in the email above are:

  • Indiscriminate use of the exclamation mark
  • Discussing personal issues in a formal email.

<h3>What are email etiquettes?</h3>

The use of acceptable language, standards, and politeness in an email is referred to as email etiquette. Business emails often need formal language as well as rigorous respect to appropriate grammar and spelling.

Five useful E-mail Etiquette are:

  • Address your addressee appropriately. Check, double-check, and triple-check that you have the right spelling of the recipient's name and title.
  • Proper greetings and closing statements should be used.
  • Format correctly.
  • Avoid using ALL CAPS.
  • Large files should be compressed.

Learn more about email etiquette:
brainly.com/question/11498233
#SPJ1

8 0
1 year ago
Bennett Co. has a potential new project that is expected to generate annual revenues of $262,100, with variable costs of $144,00
swat32

Answer:

Operating cash flow= $29,886

Explanation:

Giving the following information:

Sales= $262,100

Total variable cost= $144,000

Total fixed costs= $61,300.

Annual interest expense of $24,500. The annual depreciation is $25,200 and the tax rate is 34 percent.

<u>We need to determine the operating cash flow:</u>

Sales= 262,100

Total variable cost= (144,000)

Contribution margin= 118,100

Total fixed costs= (61,300)

Depreciation= (25,200)

Interest= (24,500)

EBIT= 7,100

Tax= (7,100*0.34)= (2,414)

Depreciation= 25,200

Operating cash flow= 29,886

7 0
3 years ago
Depreciation is a _____, a cost that cannot be affected by any future action.
stiks02 [169]
<span> <span><span>Depreciation is a </span>sunk cost. </span></span>It is the value lost on an asset after consumption. In accounting, depreciation cost qualifies as a sunk cost because it is already lost and cannot be recovered. For that reason, it is correct to ignore depreciation cost when determining the future course of a business.
7 0
3 years ago
Read 2 more answers
Other questions:
  • 6. You have 45 years left until retirement and want to retire with $4 million. Your salary is paid annually, and you will receiv
    5·1 answer
  • Simba Company’s standard materials cost per unit of output is $10.00 (2.00 pounds x $5.00). During July, the company purchases a
    13·1 answer
  • Carla Vista Co. issued $590,000, 10-year, 7% bonds at 101. Prepare the journal entry to record the sale of these bonds on Januar
    9·1 answer
  • Goschan Bank is a multinational bank. The employees from the bank's branches in underdeveloped countries are not given higher po
    6·1 answer
  • EcoFabrics has budgeted overhead costs of $945,000. It has allocated overhead on a plantwide basis to its two products (wool and
    8·1 answer
  • Northeast Auto​ Parts, a​family-owned auto parts​ store, began January with $10,600 cash. Management forecasts that collections
    7·1 answer
  • The use of debt is called A. financial leverage. B. production leverage. C. operating leverage. D. total asset turnover risk. E.
    11·2 answers
  • Under GASB standards, financial information useful for assessing operational accountability is primarily reported in which finan
    8·1 answer
  • What is a business's target market?
    6·2 answers
  • You need to decrease your spending to balance your budget. which budget category is simplest to target for spending cuts?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!