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MAXImum [283]
3 years ago
10

The following errors took place in journalizing and posting transactions:

Business
1 answer:
kirill115 [55]3 years ago
6 0

Answer: See explanation

Explanation:

The journal entry to correct the errors is given below:

a. Dr Cash $8400

Cr Account receivable $8400

b. Dr Supplies $2500

Cr Office equipment $2500

Dr Supplies $2500

Cr Account Payable $2500

Note that the first entry that's given in (b) above reverses the incorrect entry. On the other hand, the second entry simply records the correct entry.

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Can regional level employment be converted into national level<br>employment? Why? Why not ?​
Rainbow [258]

Answer:

The work or occupation for which one is used and often paid is known as employment. If employment is generated in a particular region or a locality only, it is termed as regional level employment and if employment is generated at the national level, it is termed as national level employment.

Explanation:

plz mark me as brilliant plz

6 0
3 years ago
Indicate whether each of the following cost of an automobile manufacturer would be classified as direct materials, direct labor,
CaHeK987 [17]

Answer:

a) DM Windshield

(b) DM Engine

(c) DL Wages of assembly line worker

(d) MO Depreciation of factory machinery

(e) MO Factory Machinery lubricants

(f) DM Tires

(g) DL Steering wheel

(h) MO Salary of painting supervisor

Explanation:

Direct materials (DM) are those materials and supplies that are consumed during the manufacture of a product, and which are directly identified with that product.

Direct labor (DL) is production or services labor that is assigned to a specific product, cost center, or work order.

Manufacturing overhead (MO) is all indirect costs incurred during the production process.

(a) DM Windshield

(b) DM Engine

(c) DL Wages of assembly line worker

(d) MO Depreciation of factory machinery

(e) MO Factory Machinery lubricants

(f) DM Tires

(g) DL Steering wheel

(h) MO Salary of painting supervisor

7 0
3 years ago
Which 2 statements are true regarding the multicurrency function in quickbooks online?
kkurt [141]

The 2 statements that are true regarding the multicurrency function in QuickBooks online are

  • Once multicurrency has been enabled, you cannot disable this feature
  • For most of the commonly used currencies, the rates are updated every 4 hours.

This is further explained below.

What is multicurrency?

Generally,  It's a special kind of bank account that lets you transfer, receive, and keep many different currencies at the same time.

A multi-currency account enables you to utilize a single account number for each kind of currency, which eliminates the need to create several bank accounts, each of which would have a unique account number that would need to be kept track of.

In conclusion, The statement are

  • Once multicurrency has been enabled, you cannot disable this feature
  • For most of the commonly used currencies, the rates are updated every 4 hours.

Read more about multicurrency

brainly.com/question/17294082

#SPJ1

7 0
1 year ago
If a 20 percent increase in the price of Red Bull energy drinks results in a decrease in quantity demanded of 25 percent, we say
Ierofanga [76]

Answer:

Elastic

Explanation:

Elasticity of demand = percentage change in quantity demanded / percentage change in price

25% / 20% = 1.25

If the elasticity of demand is greater than one ,it means demand is elastic.

Elastic demand is when a change in price leads to a greater change in quantity demanded.

I hope my answer helps you

3 0
3 years ago
i made a bet with my friend that he couldnt swallow an egg full, hes laying on the ground now what do i do
drek231 [11]

Answer:

call the poison doctor or 911 or if you know cpr

Explanation:

7 0
2 years ago
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