Ask question

Ask question

All categories

3 years ago

11

A company's December 31 work sheet for the current period appears below. Based on the information provided, what is net income f

or the current period?

1 answer:

alina1380 [7]3 years ago

5 0

Answer:Criss cross apple sauce

Explanation:

You might be interested in

Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches.

Stolb23 [73]

Answer:

Matching transactions to the journal in which they would be entered:

Transactions Journal Type

1. Recognized depreciation on the building General Journal

2. Journalized the adjusting entry for supplies

used during the period General Journal

3. Closed the revenue account at the end

of the period General Journal

4. Received cash from the bank in exchange

for a note payable Cash Receipts Journal

5. Withdrew cash for personal use (by owner) Cash Payments Journal

Explanation:

Revenue journal records revenue transactions.

Cash receipts journal records all cash receipts.

Purchases journal records all purchases on account.

Cash payments journal records all cash payments.

General journal is used for all transactions, especially those that cannot be recorded in any of the other specialized journals.

3 0

3 years ago

End item A requires three component parts: B, C, and D. The BOM indicates that for each completed A, 1 unit of B, 2 units of C,

I am Lyosha [343]

Answer:

30 in total

Explanation:

In order to calculate how many items A we can produce we need to check how many units required we have, in this case, we have:

40 B's

50 C's

15 D's

We require 2 units of C, 1 Unit of B, and 1 unit of C.

As you can see in our inventory we only have 15 units of D's, meaning that that is our maximum number of items A produced this week, since we already have 15 A items, we can deliver 30 A products this week.

3 0

3 years ago

To reduce product development time, Caterpillar connected its engineering and manufacturing divisions with its active suppliers,

Sergio [31]

Answer: an extranet

Explanation:

An extranet is a private network that is controlled that gives access to vendors, suppliers, partners, vendors or a group of customers that are authorized.

Therefore, to reduce product development time, Caterpillar connected its engineering and manufacturing divisions with its active suppliers, distributors, overseas factories, and customers, through an extranet.

4 0

3 years ago

Concord Corporation uses the percentage-of-receivables basis to record bad debt expense and concludes that 4% of accounts receiv

brilliants [131]

Explanation:

The journal entries are shown below:

a. Bad debt expense A/c Dr $13,931

To Allowance for doubtful debts $13,931

(Being bad debt expense is recorded)

It is computed below:

= $421,300 × 4% - $2,921

= $13,931

b. a. Bad debt expense A/c Dr $17,722

To Allowance for doubtful debts $17,722

(Being bad debt expense is recorded)

It is computed below:

= $421,300 × 4% + $870

= $17,722

5 0

3 years ago

According to the afl-cio 2009 report, death on the job: the toll of neglect, “the full extent of occupational injuries and illne

Dmitriy789 [7]

<span>This fact indicates that a number of the injuries and illnesses taking place while working are not being reported faithfully. This might be due to a reticence on the part of the employees regarding being found out about working while sick, or it could be that businesses are worried about excess costs associated with workplace injuries.</span>

3 0

3 years ago