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krek1111 [17]
2 years ago
10

What are chemical contaminants?

Business
2 answers:
Korvikt [17]2 years ago
4 0
Toxic plants and animals in waterways
yawa3891 [41]2 years ago
3 0

Answer:

chemical contaminants are chemical toxic plants and anmials in water ways.

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C (The current and quick ratios both increase.)

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Select the correct answer.
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Consumer Bill of Rights

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Sussman Co. prepared cash-basis financial statements for the month ended January 31. A summary of Sussman's January activities f
coldgirl [10]

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An increase of $2,500

Explanation:

During cash-basis accounting method, all income and expenses that results to ACTUAL CASH INFLOW and OUTFLOW will be recorded. Thus, those income and expenses that applies for the period will not be recorded yet as long as there is no actual cash outflow. And all income made on account for the period will not be recognized unless there is an actual collection. Based on the stated facts, Sussman Co.,recorded $1,900 sales instead of the actual sales of $5,600 using accrual basis and has never been recorded the expenses incurred in the accrued salaries.

So, $5,600 less $1,900 cash collection which already have recorded on cash basis method, there will be an additional sales to be recorded at $3,700 less the salaries expense already incurred but not yet paid of $1,200. There will be an additional income of $2,500 after restatement.

5 0
3 years ago
A merchandiser returned inventory worth $1,400 that was purchased on account. Under the periodic inventory system, the joumal
cestrela7 [59]

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a debit to Accounts Payable for $1,400 and a $1,400 credit to Purchase Returns allowances

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Periodic inventory system is one that updates information on inventory on a periodic basis. This is opposite of perpetual inventory system that requires update of inventory system at all times.

In the scenario the merchandiser bought the goods on account. That means he did not pay cash but rather bought on credit.

On purchasing the items accounts payable will be credited thereby increasing the account balance.

Since the items are being returned a debit will be applied to accounts payable resulting in a decrease in the account balance.

A credit will now be posted to purchase returns allowances to show that products have been returned by a buyer

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2 years ago
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