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3 years ago

When you finish your budget, you should have:

Business

2 answers:

Basile [38]3 years ago

5 0

Answer:

Zero balance

Explanation:

Because you finished all your money.

const2013 [10]3 years ago

4 0

C a zero balance A budget is an amount you plan to spend so when you finish it there’s nothing left

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Credit crunch definition.

natta225 [31]

Answer:

A sudden sharp reduction in the availability of money or credit from banks and other lenders.

5 0

3 years ago

When an advertiser cites technical information, such as the results of laboratory studies, in an advertisement, a(n) _____ style

Dominik [7]

Answer:

Scientific/technical evidence

Explanation:

When an advertiser cites technical information, such as the results of laboratory studies, in an advertisement, a scientific/technical evidence style of execution is being used. This information is much important for the customers for certain products and services. For example, Toothpaste making companies use to highlight that their toothpaste has been approved by certain dental associations and some highly useful and recommended chemicals also present in their toothpaste which are very useful for the protection of teeth and gums. Likewise, when shampoo making brands highlight use of certain chemicals in their ads etc.

3 0

3 years ago

For each transaction, indicate the impact each item had on income and the dollar amount of the change in income, if any. Input d

Helga [31]

Answer:

Lowe Company

1. Impact on Income and the Dollar Amount:

Aug. 1 No impact

Aug. 5 +$5,200 - $4,000 = +$1,200

Aug. 8 No impact

Aug. 9 = -$125

Aug. 10 -$600 +$400 = -$200

Aug. 12 None

Aug. 14 None

Aug. 15 -$92

Aug. 18 +$50

Aug. 19 +$4,800 -$2,400 = $2,400

Aug. 22 -$500

Aug. 29 -$43

Aug. 30 None

Total = +$2,690

2. Journal Entries:

Aug. 1 Debit Inventory $7,500

Credit Accounts Payable (Aron Company) $7,500

Purchase of goods on credit terms of 1/10, n/30, FOB destination, invoice dated August 1.

Aug. 5 Debit Accounts Receivable (Baird Corp.) $5,200

Credit Sales Revenue $5,200

Sale of goods on credit terms of 2/10, n/60, FOB destination, invoice dated August 5.

Debit Cost of goods sold $4,000

Credit Inventory $4,000

Cost of goods sold.

Aug. 8 Debit Inventory $5,400

Credit Accounts Payable (Waters Corporation) $5,400

Purchase of goods on credit terms of 1/10, n/45, FOB shipping point, invoice dated August 8.

Aug. 9 Debit Freight-in $125

Credit Cash $125

Freight-in paid for cash.

Aug. 10 Debit Sales Returns $600

Credit Accounts Receivable (Baird Corp.) $600

Goods returned by a customer.

Debit Inventory $400

Credit Cost of goods sold $400

Cost of returned goods.

Aug. 12 Debit Accounts Payable (Waters Corporation) $400

Credit Inventory $400

Price reduction granted by Waters.

Aug. 14 Debit Accounts Payable (Aron) $200

Credit Cash $200

Part-payment to Aron on account.

Aug. 15 Debit Cash $4,508

Debit Cash Discounts $92

Credit Accounts Receivable (Baird Cop.) $4,600

Cash received on account.

Aug. 18 Debit Accounts Payable (Waters Corporation) $5,000

Credit Cash $4,950

Credit Cash Discounts $50

Cash payment on account.

Aug. 19 Debit Accounts Receivable (Tux Co.) $4,800

Credit Sales Revenue $4,800

Credit sales on terms of n/10, FOB shipping point, invoice dated August 19.

Debit Cost of goods sold $2,400

Credit Inventory $2,400

Cost of goods sold.

Aug. 22 Debit Sales Allowances $500

Credit Accounts Receivable (Tux Co.) $500

Sales allowances granted to Tux Co. on account.

Aug. 29 Debit Cash $4,257

Debit Cash Discounts $43

Credit Accounts Receivable (Tux Co.) $4,300

Aug. 30 Debit Accounts Payable (Aron Company) $7,300

Credit Cash $7,300

Cash payment on account.

Explanation:

a) Data and Analysis:

Aug. 1 Inventory $7,500 Accounts Payable (Aron Company) $7,500

credit terms of 1/10, n/30, FOB destination, invoice dated August 1.

Aug. 5 Accounts Receivable (Baird Corp.) $5,200 Sales Revenue $5,200

credit terms of 2/10, n/60, FOB destination, invoice dated August 5.

Cost of goods sold $4,000 Inventory $4,000

Aug. 8 Inventory $5,400 Accounts Payable (Waters Corporation) $5,400

credit terms of 1/10, n/45, FOB shipping point, invoice dated August 8.

Aug. 9 Freight-in $125 Cash $125

Aug. 10 Sales Returns $600 Accounts Receivable (Baird Corp.) $600

Inventory $400 Cost of goods sold $400

Aug. 12 Accounts Payable (Waters Corporation) $400 Inventory $400

Aug. 14 Accounts Payable (Aron) $200 Cash $200

Aug. 15 Cash $4,508 Cash Discounts $92 Accounts Receivable $4,600

Aug. 18 Accounts Payable (Waters Corporation) $5,000 Cash $4,950 Cash Discounts $50

Aug. 19 Accounts Receivable (Tux Co.) $4,800 Sales Revenue $4,800 credit terms of n/10, FOB shipping point, invoice dated August 19. Cost of goods sold $2,400 Inventory $2,400

Aug. 22 Sales Allowances $500 Accounts Receivable (Tux Co.) $500

Aug. 29 Cash $4,257 Cash Discounts $43 Accounts Receivable $4,300

Aug. 30 Accounts Payable (Aron Company) $7,300 Cash $7,300

8 0

3 years ago

Gary Marks is paid on a monthly basis. For the month of January of the current year, he earned a total of $8,838. FICA tax for S

statuscvo [17]

Answer: $1,110.11‬

Explanation:

The Employer is to pay and withhold all taxes except the income tax withheld so the employer's payroll tax expense will be;

= Social Security Tax + Medicare tax + FUTA + SUTA

= ( 0.062 * 8,838) + ( 0.0145 * 8,838) + ( 0.008 * 7,000) + ( 0.054 * 7,000)

= 547.96 + 128.15 + 56 + 378

= $1,110.11‬

<em>SUTA and FUTA are payable on first $7,000 of an employee's pay.</em>

3 0

3 years ago

Jana wants to align a block of text on the right. What command allows her to do this?

Len [333]

The best and most correct answer among the choices provided by the question is the first choice. The command that she needs to use is "Indent" command. I hope my answer has come to your help. God bless and have a nice day ahead!

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3 years ago

Read 2 more answers