To help maintain a balanced personal budget sounds like the answer. Hope it helps! :-)
Answer:
$35,260
Explanation:
Calculation to Determine the proper amount of net income for 2021
Unadjusted net income $33,000
Adjustments:
a. Insurance expense overstated $2,800
[4,200-(4,200/3)]
b. Sales revenue overstated $(675)
c. Supplies expense overstated $645
d. Interest expense understated $(510)
(12%*17,000*3/12)
Adjusted net income $35,260
Therefore the proper amount of net income for 2021 will be $35,260
Answer:
Explanation:
Joint tenancy is a lawful course of action in which at least two individuals possess a property together, each with equivalent rights and commitments. When one of the proprietors in a joint tenure dies, that proprietor's interest in the property goes to the survivors without the property experiencing the courts.
The major reason that government control or regulation of railroads and large production entities because of monopolies. In the late 19th and early 20th centuries there was major growth in industries such as the railroad and oil industries in the United States, at this time companies became monopolies in these industries and thus there was pressure on the U.S. Government to weaken the control of these monopolies.
Answer:
a.
Debit Accounts Receivable $1,500
Credit Sales $1,500
b.
Debit Cash $1,500
Credit Accounts Receivable $1,500
Explanation:
On June 7, Pixer Co. sells $1500 of merchandise to Jasmine Co. on account.
Pixer's books records the sale by the entry:
Debit Accounts Receivable $1,500
Credit Sales $1,500
On June 21, Jasmine Co. pays for this merchandise. Pixer's books records the receipt of payment by the entry:
Debit Cash $1,500
Credit Accounts Receivable $1,500
