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pickupchik [31]
3 years ago
9

On December 31, the trial balance shows wages expense of $1,050. An additional $350 of wages was earned by the employees, but ha

s not yet been paid.
Required:
Analyze this adjustment for wages using T accounts, and then formally enter this adjustment in the general journal.
Business
1 answer:
AnnZ [28]3 years ago
8 0

Answer:

Please find the question and its complete solution in the attached file.

Explanation:

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Under CARD, colleges and universities must: a. disclose financial relationships with the credit card companies. b. provide debt
Vilka [71]

Answer: D. do all of these.

Explanation:CARD(credit card accountability, responsibility and disclosure) act is a set of guidelines and rules which guides consumers and help them to better understand their credit cards and reduce and control unfair practices from credit card companies, those rules, also concerns college students.

ALL THE OPTIONS ARE CORRECT REGARDING CARD RULES AND GUIDELINES FOR COLLEGE STUDENTS.

3 0
3 years ago
Sunburn Sunscreen has a zero coupon bond issue outstanding with a $11,000 face value that matures in one year. The current marke
7nadin3 [17]

Answer:

1. a) EQUITY = $ 5,036.68

b) DEBT = $ 10,263.32

2. a) EQUITY = $ 4,852.29

b) DEBT = $ 12,247.79

3. PROJECT A

4. Yes

Explanation:

Current market value of the firm’s assets = $13,800

Total Value of Firm = $13800 a-1 NPV of Project A = $1,500 Total Value of Firm if selects Project A = Current Value + NPV of the new Project = $13800 + $1500 = $15,300 Value of debt = $12000 Value of Equity= Value of Firm -Value of Debt = $15300 - $12000 = $3300 a-2 NPV of Project B = $2300 Total Value of firm if selects project B = Current Value + NPV of the new Project = $13800 + $2300 = $16100 Value of Debt = $12000 Value of Equity = Value of Firm -Value of Debt = $16100 - $12000 = $4,100

Therefore,

1. a) EQUITY = $ 5,036.68

b) DEBT = $ 10,263.32

2. a) EQUITY = $ 4,852.29

b) DEBT = $ 12,247.79

3. PROJECT A

4. Yes

8 0
4 years ago
Willis Rusch recently purchased a 5-pound box of treats for his dog. The total purchase price was $4.87.What was the price per p
krek1111 [17]

Answer

The cost of the one pound of the box is $0.974.

Explanation:

As given

Willis Rusch recently purchased a 5-pound box of treats for his dog.

The total purchase price was $4.87 .

i.e

Cost of 5- pound box = $4.87

Thus

Price\ per\ pound = \frac{Total\ cost\ of\ 5\ pound\ box}{Total\ box}

Putting the values in the above

Price\ per\ pound = \frac{\$ 4.87}{5}

                                     = $ 0.974

Therefore the cost of the one pound of the bos is $0.974.

8 0
3 years ago
RM Company, a manufacturer, has provided the following information pertaining to its recent year of operation:
tatiyna

Answer:

RM Company

Using the indirect method, RM's net cash provided by operating activities is:

= $446,000.

Explanation:

a) Data and Calculations:

Net income $390,000

Accounts payable increased $33,000

Prepaid rent decreased $14,500

Depreciation expense was $44,000

Accounts receivable increased $43,000

Gain on sale of a building was $15,500

Wages payable decreased $30,000

Unearned revenue increased $53,000

Operating Activities:

Net income                                 $390,000

Adjustment with non-cash items:

Depreciation expense was            44,000

Gain on sale of a building was      (15,500)

Working capital changes:

Accounts payable increased         33,000

Prepaid rent decreased                 14,500

Unearned revenue increased      53,000

Accounts receivable increased  (43,000)

Wages payable decreased         (30,000)

Net cash provided by operating

 activities                                $446,000

8 0
3 years ago
For a/the ________, the/an ________ is an alternative to expanding through the establishment of a new location, which avoids the
spayn [35]

Answer:

The correct answer is Franchisor, franchise.

Explanation:

The franchisor: Charges marketing rights so that the franchisor company can use its brand, trade name and the design of the franchisee's establishment. In most cases, these elements cannot be modified to maintain the same quality levels of the franchisor. In addition, know-how, business experience and technical and commercial assistance are also provided during the term of the agreement.

The franchisee: Is the owner of the business and who makes the necessary investments to start it up. Thus, you pay a fee to the franchisor to use your brand. Such a subscription is like a "right of entry" into the business. Even, periodic amounts may be established in the contract according to sales volume and / or technical and commercial assistance. In addition, the franchisee has the exclusive franchise regime with respect to a certain geographical area and a type of products.

7 0
3 years ago
Read 2 more answers
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