Answer:
Office Supplies T-account
<u>Debit :</u>
Beginning Balance $600
Purchases $2,300
Totals $2,900
<u>Credit:</u>
Ending Balance $500
Used (<em>Balancing Figure</em>) $2,400
Totals $2,900
Adjusting Entry
Supplies Expenses $2,400 (debit)
Office Supplies $2,400 (credit)
Posting Entries.
1. Supplies Expense = $2,400 (Debit Balance)
2.Office Supplies = $500 (Debit Balance)
Explanation:
As the supplies are used during the period, recognize an expense : Supplies Expense and de-recognize the Office Supplies Asset account to the extend of the amount of inventory used during the period.
In other words we are taking out an expense (Increasing it) and decreasing an asset : Office Supplies.
Here is the answer. Mary Kay Inc. is a transnational firm that specializes in women’s cosmetics as defined <span>in this course and based on its marketing strategy. Hope this is the answer that you are looking for. Hope this answers your question. Have a great day!</span>
Answer:
b. 3 percent.
Explanation:
Real interest rate is nominal interest rate less expected inflation rate.
Real interest rate = nominal interest rate - expected inflation rate
8% - 5% = 3%
I hope my answer helps you
Answer:
third party. ... An example of a third party is the Green Party, running alongside the Republicans and Democrats. An example of a third party is the neighbor who overheard a couple fighting in their home.
Answer:
A, Offer a guarantee for the customer's complete satisfaction.
Explanation:
SInce services are inseperable beacuse there cannot be trials unlike in some goods, the only way to keep a customer's mind at rest over the service he or she is getting to give a guarantee as to the quality of the service such that the customer is satisfied and can purchase the service.
For example, giving a customer a time frame for the durability of a service and also a consideration for re-service before the set or supposed time is a way of giving customer guarantee about a service he or she is purchasing
.
Cheers.
