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3 years ago

FOR THOSE WHO WANTS POINT!!!!!!! AND BRAINLIEST

Business

2 answers:

Juliette [100K]3 years ago

7 0

I do not have a cat, but I have a dog.

erik [133]3 years ago

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Wait what?? What are you trying to ask?

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Prepare adjusting entries for the following transactions.

Alexxandr [17]

Answer:

Year end Adjusting Entry

Dr. Cr.

Interest Revenue $410

Rent Revenue $410

Property Tax Expense $800

Property Tax payable $800

Service Revenue $3,300

Unearned Service Revenue $3,300

Interest Revenue $300

Rent Revenue $300

Salaries Expense $650

Salaries Payable $650

8 0

4 years ago

Read 2 more answers

The following income statement and additional year-end information is provided. SONAD COMPANY Income Statement For Year Ended De

Scilla [17]

Answer:

Statement of Cash Flows (partial)

Cash flows from operating activities

Net income 579,696 

Adjustments to reconcile net income to net cash provided by operating activities

Income statement items not affecting cash 

Depreciation expense 44,592

Amortization expense—Patents 5,574

Gain on sale of equipment -7,432

Changes in current operating assets and liabilities

Increase in accounts receivable -47,700

Increase in inventory -15,650 

Decrease in accounts payable -13,550 

Decrease in salaries payable -3,500 

Net cash provided by operating activities 5,42,030

5 0

3 years ago

Cool Beans is a locally owned coffeeshop that competes with two large coffee chains, PlanetEuro and Frothies. Alicia, the owner,

erma4kov [3.2K]

Answer:

0.9717 per unit sold (approx)

Explanation:

Here, we are assuming 52 weeks in a year.

Contribution margin:

= (Sales revenue - variable cost) ÷ sales revenue

= [(3.52 × 10 + 3.52 × 0.18 × 540 × 52) - (3.52 × 0.26 × 551)] ÷ (3.52 × 10 + 3.52 × 0.18 × 540 × 52)

= [(35.2 + 17,791) - (504)] ÷ (35.2 + 17,791)

= [17,826.2 - 504] ÷ 17,826.2

= 17,322.2 ÷ 17,826.2

= $0.9717 per unit sold (approx)

5 0

3 years ago

Summit sales corporation orders goods from overstock company. summit plans to market the goods to consumers generally. overstock

Flura [38]

The answer to this question is that Insurable interest in the goods exist in both Summit and Overstock Company, but not to consumers in general. Insurable interest is a concern of a person or a company to have a benefit to obtain insurance to a person or a company against lossess.

6 0

4 years ago

Carlton Company does not ring up sales taxes separately on the cash register. Total receipts for February amounted to $126,000.

Andre45 [30]

Based on the information given the amount that must be remitted to the state for February's sales taxes is $6,000.

Using this formula

Remitted amount=[February Total receipts÷(1+Sales tax rate)]×Sales tax rate

Where:

February Total receipts=$126,000

Sales tax rate=5%

Let plug in the formula

Remitted amount=[$126,000÷(1+0.05)]×0.05

Remitted amount=($126,000÷1.05)×0.05

Remitted amount=$120,000×0.05

Remitted amount=$6,000

Inconclusion the amount that must be remitted to the state for February's sales taxes is $6,000.

Learn more here:

brainly.com/question/18369934

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2 years ago