I assume that the donut is very good
Answer and Explanation:
1. Interest Revenue $23,000
Sales Revenue $510,000
To Income Summary $533000
(Being closing of revenues accounts are closed)
2. Income Summary $453,000
To Sales returns $20,000
To Sales Discounts $7,000
To Cost Of goods sold $310,000
To Freight out $2,000
To Advertise Exp $15,000
To Interest Exp $19,000
To Salaries & Wages $55,000
To Utility $18,000
To Depreciation $7,000
(Being closing of expenses accounts are closed)
3. Income Summary $80,000
To Retained Earning $80,000
(Being profit is recorded)
4. Retained Earning $30,000
To Dividends $30,000
(Being closing of dividend is recorded)
Answer: The ending inventory is $43,500
Explanation:
Cost. Retail
$ $
Beginning inventory. 125,000 166,667
Add :Purchases 235,000 313,333
-------------------- -----------------------
Cost of good available for sale 360,000 480,000
Cost to retail ratio
360,000 ÷ 480,000
= 0.75
Cost. Retail
$ $
Cost of good available for sale 360,000 480,000
Less:Sales. 230,000 250,000
360,000. 172,500
187,500
-------------------- ----------------
(417,500) 58,000
Ending inventory × 0.75 (58,000 × 0.75) = 43,500
Cost to retail ratio.
Ending inventory. $43,500
Installment credit is a type of credit that has a fixed number of payments, in contrast to revolving credit.
<span>Examples of which are:
</span><span>
Land loan
Home construction loan
<span>Home mortgage
</span><span>Some equity loans
</span>Home improvement loan
Automobile loan
<span>Boat loans or RV loans specialty finance
</span>Student loan
Personal loan
<span>Vacation loan
I hope my answer has come to your help. Thank you for posting your question here in Brainly.
</span></span>
Answer:
the answer would be c
Explanation:
i think it would be c because an associates degree is higher than a graduates and a diploma.