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Oliga [24]
3 years ago
15

A company’s accountant is trying to prepare an adjusted trial balance from the list of accounts below. Cash $ 12,000 Retained Ea

rnings 31,000 Prepaid Rent 2,000 Salaries Expense 15,000 Equipment 68,000 Service Revenue 40,000 Miscellaneous Expense 10,000 Supplies 4,000 Dividends 3,000 Accounts Payable 5,000 Common Stock 38,000 What is the total amount of credits?
Business
1 answer:
Alik [6]3 years ago
4 0

Answer:

114000

Explanation:

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During 2017, the Gateway City government recorded a $15,000 transfer from the General Fund to an internal service fund; a $25,00
Leya [2.2K]
B. Net transfers out of $10,000
8 0
2 years ago
A consumer values a house at $525,000 and a producer values the same house at $485,000. If the transaction is completed at $510,
REY [17]

Answer:

d. A tax of $18,000

Explanation:

If the price is higher than $525,000 which is his reservation price, the buyer will not buy the good

(1+t) > $525,000 / $510,000

1+t > 1.03

t > 0.03

t > 3%

3% of $510,000 = $15,300. So if the tax is greater than $15,300, the buyer will not buy the good . Hence, the answer is option (D) A tax of $18,000 as this tax is higher than $15,300 while other option are less than $15,300

6 0
3 years ago
A company just starting business made the following four inventory purchases in June: June 1 150 units $ 390 June 10 200 units 5
melomori [17]

Answer:

Ending inventory cost= $599

Explanation:

Giving the following information:

June 1 150 units $ 390 (2.6)

June 10 200 units 585 (2.93)

June 15 200 units 630 (3.15)

June 28 150 units 495 (3.3)

Ending inventory in units= 200

<u>To calculate the ending inventory, first, we need to calculate the average price:</u>

Average price= (2.6 + 2.93 + 3.15 + 3.3) / 4= $2.995

<u>Now, the ending inventory:</u>

Ending inventory= 2.995*200

Ending inventory= $599

8 0
3 years ago
In my last job, I led complex negotiations that dealt with the cost, size, and/or scope of the deal. True or false
kherson [118]

Probably seems true....

8 0
3 years ago
What is the best answer choice
Scrat [10]
The answer to that would be B.
3 0
3 years ago
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