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3 years ago

Bought a computer for ra 25000double column cash book with discount and cash column

Business

2 answers:

guapka [62]3 years ago

6 0

Answer:

Explanation:

41,900

June 01 Balance b/d 16,300

nasty-shy [4]3 years ago

6 0

Answer:

41,900

June 01 Balance b/d 16,300

Explanation:

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Pendleton Company, a merchandising company, is developing its master budget for 2015. The income statement for 2014 is as follow

Amanda [17]

Answer:

Budgeted functional income statement for 2015

Gross sales ($2,000,000 × 1.04 × 1.06) $2,204,800

Less: Estimated uncollectible accounts ($2,204,800 × 2 %) ($44,096)

Net sales $2,160,704

Cost of goods sold (1,100,000 × 1.03) ($1,133,000)

Gross profit $1,027,704

Operating expenses (475,000 × 1.10) ($522,500)

Depreciation ($25,000)

Net income $480,204

Explanation:

Make the adjustments stated on the 2014 Income Statement.

For Operating Expenses, it is wise to first remove the depreciation expense and apply the increment of 10% to reflect Operating Costs for 2015.

Treat Depreciation Expense separately and at the same amount as for 2014, since depreciation is calculated on straight line method.

3 0

3 years ago

Which device deployment model gives businesses significant control over device security while allowing employees to use their de

dangina [55]

COPE device deployment model gives businesses significant control over device security while allowing employees to use their devices to access both corporate and personal data.

It stands for Corporate-Owned, Personally Enabled. It is a business strategy where the organization provide computer or mobile devices to its employees for their work.

This models helps and gives authority to the organizations to protect their data legally. The companies decided which software and which devices models to be used.

COPE is the Opposite of BYOD (Bring your on Devices) and this business strategy is facing a decline because of the increasing cyber attacks. Employees personal devices put the company's data at risk and that is why COPE model is much more reliable.

IF you need to learn about more device deployment models, click here

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5 0

1 year ago

Identify whether the market supply curve will shift right or left or will stay the same for the following: a. Firms in an indust

dybincka [34]

Answer:

1. In first example, supply curve moves to the left. Delivery curve moves to the left as supply is heading downward due to variables apart from rate change. In this scenario, the cost of output rises due to the current penalty, and vendors will be able to produce less at the same amount.

2. In second scenario, businesses are prosecuted for contaminating river water, rises in manufacturing prices and vendors will be able to produce worse at the same amount. The output curve then shifts for its left.

3. In third case the output curve will remain the same. That's since the quantities given does not change.

4. In this situation, the harm done by drilling must be cleaned up by the businesses. Hence, production cost rises, and vendors will be willing to provide worse at the provided price. The supply curves then shifts to the left.

3 0

3 years ago

Admire County Bank agrees to lend Sheffield Brick Company $614000 on January 1. Sheffield Brick Company signs a $614000, 8%, 9-m

AleksAgata [21]

Answer:

January 1

Cash 614000 Dr

Notes Payable 614000 Cr

Explanation:

The Sheffield Brick Company has borrowed from the Admire county bank which means the note payable is a liability in the books of the Sheffield Brick company. As liability is increased or recorded, it is credited. The amount of liability is $614000 on the day of the issuance of note. Thus, Sheffield will credit Note payable by $614000.

The Sheffield company has received cash by signing note. As cash is an asset and it is increasing, the Sheffield company will debit cash by 614000 against the notes payable.

4 0

3 years ago

Following is the information about Eclypso Company's two products: Product X Product Y Unit selling price $10.00 $10.00 Unit var

xz_007 [3.2K]

Answer:

50,000 units are required to break even

Explanation:

Eclypso Company

Product X Product Y

Unit selling price $10.00 $10.00

Less

Unit variable costs:

Manufacturing $ 6.00 $ 7.00

Selling 1.00 1.00

Total variable costs $ 7.00 $ 8.00

Contribution Margin per unit 3 2

Monthly fixed costs are as follows:

Manufacturing $ 90,000

Selling and administrative 50,000

Total fixed costs $140,000

Weighted Contribution Margin per unit = ($3 * 80% + $ 2 * 20%)= 2.4+ 0.4=

$ 2.8

Combined Break Even Volume = Fixed Costs/ Weighted Contribution Margin Per unit

Combined Break Even Volume = $ 140,000/ 2.8=50,000

5 0

3 years ago

Bought a computer for ra 25000double column cash book with discount and cash column ​

Bought a computer for ra 25000double column cash book with discount and cash column