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3 years ago

On August 4, Armstrong Trucking, Inc., paid $4,500 to replace the engine in one of its trucks.

Business

1 answer:

taurus [48]3 years ago

3 0

Answer and Explanation:

The journal entry is shown below:

Truck A/c Dr $4,500

To Cash A/c $4,500

(Being the truck is replaced for cash)

Here the truck is debited as it increased the assets and credited the cash as it decreased the assets

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On December 31, 2019, the unadjusted credit balance of the Allowance for Overvaluation of Inventories: Hope Branch ledger accoun

Zigmanuir [339]

Answer:

Journal entries

Date Particulars Debit Credit

31, Dec 19 Investment in Branch Office $132,000

To Inventories $110,000

To Allowance for Overvaluation of $20,000

Inventories

31, Dec 19 Profit and loss $18,400

To Investment in Branch Office $18,400

31, Dec 19 Allowance for Overvaluation $10,000

of Inventories

To Realized Gross Profit: Branch Sales $10,000

Workings

1. Unrealized Inter-company Inventory Profit = (132,000/120) * 20 = $22,000

Shipment to Branch = 132,000 - 22,000 = $110,000

2. Unrealized Inter-company Inventory Profit = (60,000/120) * 2 = $10,000

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3 years ago

Patty and tina were exposed to the mumps at school. neither patty nor tina has ever had the mumps before, but several years ago

Mumz [18]

I think would be most susceptible to have mumps is the Patty. 
If we review the conditions: Tina had mumps vaccine; her mother had mumps before; baby sister was breastfed, which is not a protection for mumps, and Patty wasn't vaccinated but was the one who had contact with the person who has mumps. Patty was the most vulnerable.

The main reasons for mumps are through situations where saliva was able to be passed. Such situations were sneezing, coughing, food sharing, plate use, kissing, and touching the nose or mouth of people with mumps.

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3 years ago

Read 2 more answers

While _______ decisions will generally need to be processed via the ______ system in our brains in order for us to reach a good

Jet001 [13]

Answer:

Nonprogrammed; reflective; programmed; reactive

Explanation:

Programmed decisions can be regarded as decision which involves well understood criteria when making it,. nonprogrammed decisions on the other hand can be explained as decisions which are novel, they are decision that does not have clear guidelines when trying to reach solution. rules as well as guidelines can be set up for programmed decisions by Managers when known fact is available because this will enhance in reaching

decisions quickly. It should be noted that While non programmed decisions will generally need to be processed via the reflective system in our brains in order for us to reach a good decision, with programmed decisions, heuristics can allow decision-makers to switch to the quick, reactive system.

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3 years ago

The Vitamin Shoppe sells natural vitamins and supplements. Product prices are adjusted frequently to meet the needs of individua

Anna11 [10]

Answer:

Dynamic Pricing

Explanation:

Dynamic pricing is the price set to reflect the changes in environment factors and factors that are included in the company's corporate policies. In the above scenario, the company has set a different price in different scenario. The normal customer who visits the store fewer times are not given any discounts however the permanent customer is given discount. This is because of the changes in customer loyalty factor. The company is charging different in different scenarios which means it is pursuing Dynamic Pricing strategy.

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3 years ago

The goal of utility maximization is to allocate your ______ in order to maximize your ______.

inn [45]

The goal of utility maximization is to allocate your resources in order to maximize your satisfaction.
Utility maximization is a concept which is used in the economics which explains that when a person is making a decision to purchase anything, he/she prefer to get the greatest value that is possible but at the least amount of money.

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3 years ago