Answer:
A. No, Should not in any way write the check today and neither record the expense or even write the check tomorrow.
B. The company will be affected if the check
was cut today and the expense was not recorded, which means that the net income of the current fiscal year will be increased by the amount of $2,000 while the net income of the next year will be reduced by the amount of $2,000 and this tend to happens due to some error.
Step-by-step explanation:
A. Based on accounting principle every debit entry must have a corresponding credit entry which means that in a situation where a check is been cut today for miscellaneous expense and for supplies the Miscellaneous expense account should be debited while the bank account should as well be credited based on the double entry principle because if not so the current year net income will wrongly shows and be higher with the amount of $2,000.
B. In a situation where the check was cut today and expense was recorded the following day or tomorrow it means that the current year financial statement net income will be increased by the amount of $2,000 while the amount shown in the balance sheet will decreased by the amount of $2,000.
Therefore I can issue a check today and as well record the expense the same day in which the check was issued.
Greg’s hourly wage is $9.35 per hour
Answer: Option (2)
Step-by-step explanation:
The inverse of a function swaps the domain and range.
Before her promotion, Mitch was receiving $40,000 per year
after tax. Since the loan payment is 4%, therefore the money that goes to the
loan is:
Loan payment = $40,000 * 0.04
Loan payment = $1,600
After her promotion, Mitch is now receiving:
New salary = $40,000
* 1.25
New salary = $50,000
Therefore the new loan payment becomes:
New loan payment = $50,000 * 0.04
New loan payment = $2,000
Therefore Mitch is paying an extra payment of:
$2,000 - $1,600 = $400
Answer: $400
Answer:
Strawberry > Rasberry
6.18 > 6.1
Step-by-step explanation:
Data provided in the question
Strawberry = 6.18 pound
Raspberry = 6.1 pound
Based on the above information
As we can derive that the number of pounds in strawberry is greater than the number of pounds in Rasberry
So, equality would be represented as a
a. Strawberry > Rasberry
6.18 > 6.1
Therefore we use the greater sign to show the inequality
