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lina2011 [118]
3 years ago
10

Sheffield Company discovered the following errors made in January 2022.

Business
1 answer:
Tasya [4]3 years ago
4 0

Answer:

A)

1. Dr Cash 400

    Cr Equipment 400

Dre Wages expense 400

    Cr Cash 400

2. Dr Service revenue 550

    Cr Cash 550

Dr Cash 5,500

    Cr Service revenue 5,500

3. Dr Accounts payable 260

    Cr Equipment 260

Dr Equipment 620

    Cr Accounts payable 620

B)

1. Dr Wages expense 400

    Cr Equipment 400

2. Dr Cash 4,950

    Cr Service revenue 4,950

3. Dr Equipment 360

    Cr Accounts payable 360

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2. You retire at age 60 and expect to live another 23 years. On the day you retire, you have $568,900 in your retirement savings
hichkok12 [17]

Answer:

The monthly withdrawals are $3,537.85 and will last for 23 years.

Explanation:

We have to calculate the monthly installment of an annuity:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 568,900.00

time 276 (23 years x 12 months)

rate 0.004333333 (5.2% = 5.2 / 100 = 0.052 per year we now divide by the 12 months of a year and get the rate for monthly withdrawals.

568900 \div \frac{1-(1+0.00433)^{-276} }{0.00433} = C\\

C  $ 3,537.85

5 0
3 years ago
The United States Bureau of Labor Statistics (BLS) conducts the Quarterly Census of Employment and Wages (QCEW) and reports a va
Wittaler [7]

Answer:

Answer for the question:

The United States Bureau of Labor Statistics (BLS) conducts the Quarterly Census of Employment and Wages (QCEW) and reports a variety of information on each county in America. In the third quarter of 2016, the QCEW reported the total taxable earnings, in millions, of all wage earners in all 3222 counties in America.

is given in the attachment.

Explanation:

7 0
3 years ago
Mining Corporation bought land for $330,000 (residual value $22,000) that is estimated to yield 660,000 pounds of a removable na
likoan [24]

Answer:

35933

$46,200

Explanation:

Depletion = amount of pounds extracted x depletion factor

depletion factor  = (cost of asset - salvage value) / estimated yield

(330,000 - 22,000) / 660,00 = 0.467

2021 = 0.467 x 99,000 = $46,200

6 0
3 years ago
Patio Creations is a manufacturer of outdoor furniture. Typically, customers purchase the company's products as the summer seaso
dmitriy555 [2]

The supply chain strategy that would work best for Patio Creations is the push strategy. This is further explained below

<h3>What is a push strategy?</h3>

A push marketing strategy, also known as a push promotional approach, is sim[ply defined as mone in which a company strives to take push its items to customers.

In conclusion, the push strategy helps the company strives to push its items to customers.

Read more about Business

brainly.com/question/10295065

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7 0
2 years ago
Question 27 (1 point)<br> The relationship between the amount of inputs and outputs is known as
lys-0071 [83]

Answer:

A production function

Explanation:

A production function shows the relationship between the physical quantity output and the input of a good produced. It is the technical relationship between the physical output and physical input of a good. The production function is expressed as a mathematical function that relates inputs in numbers and their effect on output numbers.

4 0
3 years ago
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