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Dmitry_Shevchenko [17]
3 years ago
11

In what circumstance would a violation of consumer

Business
1 answer:
frosja888 [35]3 years ago
6 0
B. The violation involved fraud
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The city charges a homeowner a fee to pick up the garbage each week. which of these was provided by this transaction?
Liula [17]
<span>A service is provided by the transaction   i belive so </span>
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3 years ago
Describe an example of a company that manufactures a product.
dexar [7]
General Motor Company(GMC) is a manufacturing company that manufactures automobiles in U.S.A.
3 0
3 years ago
For both unearned revenues and prepaid expenses, the cash payment occurs __________ the adjusting entry to record the earning of
alex41 [277]

Answer:

The correct answer that fills the gap is <em>d. before.</em>

Explanation:

Everything that happens in the business must be registered in the accounting system, so that the newspaper and the major contain a complete history of all the commercial operations of the period. If an operation or transaction has not been registered, account balances will not show the correct figure at the end of the accounting period.

The seats with which the accounts are adjusted or updated are called adjustment seats. If the adjustment does not affect an income or expense account, it is not an adjustment entry.

The income can be earned (accrued) before the cash is received from the client, or from accounting for the transaction in the accounting records. These are revenues that have been earned but the corresponding cash has not yet been collected.

The adjustments made to the income accounts are necessary to ensure that all income earned in the period has been recorded in the accounting. In order for the net profit to be expressed correctly in the income statement. There are two types of income adjustment:

  • Cumulative income not collected.
  • Customer advances.
5 0
3 years ago
MC Qu. 59 A company's flexible budget for... A company's flexible budget for 16,000 units of production showed sales, $96,000; v
geniusboy [140]

Answer:

$120,000

Explanation:

The computation of sales is shown below:-

For computing the sales revenue first we need to find out the selling price per unit which is here below:-

Selling price per unit = Sales ÷ Units

= $96,000 ÷ 16,000

= $6

Sales revenue when 20,000 units are sold = Selling price per unit × Number of units sold

= $6 × 20,000

= $120,000

Therefore for computing the sales revenue we simply applied the above formula.

6 0
3 years ago
Kevin Morales invests $15,451.93 now for a series of $2,900 annual returns beginning one year from now. Kevin will earn a return
lina2011 [118]

Answer:

9 annual payments

Explanation:

The correct annual payment is $2,900 not $1,300 as shown below:

Kevin Morales invests $15,451.93 now for a series of $2,900 annual returns beginning one year from now. Kevin will earn a return of 12% on the initial investment.

(For calculation purposes, use 5 decimal places as displayed in the factor table provided.)

How many annual payments of $2,900 will Kevin receive?

In a bid to determine the number of annual payments of $2,900 that Kevin would receive, we can make use of a financial calculator bearing in mind that the calculator would be set to its default end mode before making the below inputs and that the amount invested today is the present value of annual payments

PMT=2900(amount of each annual payment)

I/Y=12(the rate of interest to be earned annually without the "%" sign)

PV=-15451.93 (amount invested, it is negative since it is an outflow)

FV=0(after all annual payments have been received, number of outstanding annual payments would be nil)

CPT

N=9.00

3 0
2 years ago
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