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Citrus2011 [14]
3 years ago
9

The six steps for recording a business transaction in the general journal are shown below, out of order. In your working papers

or on a blank sheet of paper, indicate the proper order of these steps
Business
1 answer:
GREYUIT [131]3 years ago
5 0

Answer:

The answer is "Option D, F, E, B, A, and C".

Explanation:

please find the complete question in the attached file.

Please find the choice order in the attached file.

$125 paid with one week invoice 300 for a customer's docking dog

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Determine which revision of each the following sentences provides the most clarity.
zhenek [66]

Answer:

d

Explanation:

6 0
3 years ago
Blue Spruce Corp. started the year with total assets of $304000 and total liabilities of $244000. During the year the business r
erma4kov [3.2K]

Answer:

$305,000

Explanation:

Net income is the amount of money available to a company after the deduction of expenses from revenue. It is calculated as;

Net income = Revenues - Expenses

Given that;

Revenues = $630,000

Expenses = $325,000

Net income = $630,000 - $325,000

Net income = $305,000

Therefore the net income reported by Blue Spruce Corp. For the year is $305,000

3 0
2 years ago
Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral
yanalaym [24]

Answer:

deferral

Explanation:

Adjusting entries are when changes are made to already recorded journal entries.

Categories of adjusting entries :

  1. accrued revenues
  2. accrued expenses
  3. unearned revenues
  4. prepaid expenses
  5. depreciation.

Prepaid expenses are payments made for services yet to be delivered.

For example, paying for a year's worth of subscription on your streaming service

Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral

7 0
3 years ago
The weekly incomes of shift foreman for a given industry follow a normal probability distribution. With a mean of $1,000 and a s
mylen [45]

Answer:

There is a 0.2419% for a foreman to earn either $1,100 or $900

Explanation:

We calculate the probability of a normal distribution of 0;1

(X-mean)/deviation = Z

(1,100 - 1,000)/100 = 100/100 = 1

900 - 1,00/100 = -100/100 = -1

Given the zame Z value, we have the same probability of a foreman to earn 1,100 or 900

As we are asked for the foreman salary, wewill calcualte the Z for non cumulative, just the probability of a foreman to earn 1,100 or 900 dollars.

We look into the normal distribution table for the value of z = -1 or 1

0.002419707  = 0.2419%

4 0
3 years ago
Due to the credit crunch during the recent recession, many small businesses found that _____________ were more willing to lend m
ivann1987 [24]
Most of the small business found that small, community banks were more willing to lend money to small operations, it is due to the credit crunch during the recent recession. The community banks are more willing to help the small businesses to gain again their capital or investment.
8 0
3 years ago
Read 2 more answers
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