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dem82 [27]
3 years ago
13

The Accounts Payable account has a beginning balance of $11,400 and the company purchased $52,000 of supplies on account during

the month. The ending balance was $19,100. How much did the company pay to creditors during the month
Business
1 answer:
Solnce55 [7]3 years ago
6 0

Answer:

$44,300

Explanation:

The account payable had a beginning balance of $11,400

The company purchased $52,000 worth of supplies

The ending balance is $19,100

Therefore the amount in which the company paid to the creditors can be calculated as follows

= $11,400+$52,000-$19,100

= $6,400-$19,100

= $44,300

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A full account of an event or series of events, usually told in chronological order, is called a:_______
sladkih [1.3K]

It's known as a story.

<h3>How Do Stories Work?</h3>

A story or narrative is a related series of events that is conveyed by language, including written or spoken words, images, both still and moving, body language, performance art, and music. In a narrative, any subject, genre, or style can be covered, and the events might be real or made up. Nonfiction and fiction can both be included in stories. There are stories to be told about everything that has ever happened, will ever happen, and will ever be. No matter the subject or the era, whenever you describe a series of events to someone, you are telling a tale.

Consequently, a tale is a comprehensive account of an event or series of events that is often told in chronological order.

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For more information on the story, refer to the following link:

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7 0
1 year ago
​A television network decides to run a series of news stories highlighting the need for stronger regulations over gun sales and
DiKsa [7]
This is an example of.... Libtards... I mean the Democratic system that’s running&ruining this country.
7 0
2 years ago
​Haley is an accountant for a large hospital network. She knows that she could easily "skim" money from the organization to keep
serg [7]

Answer:

C. front page test

Explanation:

Front page test refers to the analytical study, which provides information to each public official about how people note his or her actions and respond accordingly.

People in general usually observe actions of individuals and then justify or some times reciprocate so many questions to them against there actions.

This clearly shows that Haley is referring to front page test as she is also a kind of public official, as for each action people respond accordingly, and might create opinions and judgement.

Thus, correct option is C.

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8 0
2 years ago
Maple Leaf, Inc., a television manufacturer, would like to reduce its inventory. To this end, you are asked by the operations ma
irga5000 [103]

Answer:

Maple Leaf, Inc.

Inventory Turnover:

b. Greater than 2 but less than 3

Explanation:

a) Data and Calculations:

1) Average inventories:

Raw materials     $2,500,000

Work-in-process  $1,000,000

Finished goods      $800,000

Total average inventory   $4,300,000

Cost of goods sold = $12,000,000

Inventory Turnover = Cost of goods sold/Average Inventory

= $12,000,000/$4,300,000

= 2.79 times

2) Inventory turnover is a financial ratio that shows the number of times in a year that inventory has been sold by Maple Leaf, Inc.  When it divides the number of days, say 360 days in a year, the ratio that comes out shows the number of days it takes Maple to sell its inventories.

3 0
3 years ago
Pick the correct statement related to pro forma statements from below. Multiple Choice Fixed assets must increase if sales are p
Alisiya [41]

Answer:

The correct statement related to the pro forma statements is:

The addition to retained earnings is equal to net income less cash dividends.

Explanation:

When the beginning retained earnings are increased by the addition to retained earnings, it means that the cash dividends have been subtracted from the net income.  This addition is the leftover net income after offsetting the dividends.  It increases the retained earnings by the end of the financial period.

3 0
2 years ago
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