1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
grin007 [14]
3 years ago
12

White Company's wages payable account had a beginning balance of $3,757 and an ending balance of $2,070. During the year, wages

expense was $15,188. How much did White pay in cash during the year for wages
Business
1 answer:
borishaifa [10]3 years ago
7 0

Answer:

the amount paid during the year is $16,875

Explanation:

The computation of the amount paid during the year is shown below:

Opening Balance $3,757

Add: Wages expense $15,188

Less: Closing Balance -$2,070

Amount Paid $16,875

Hence, the amount paid during the year is $16,875

We simply applied the above formula so that the correct value could come

And, the same is to be considered

You might be interested in
Ethan uses the cash method of accounting and a calendar year. ethan received a check from a client on december 26, 2016. he didn
Volgvan
Dgdtukdukyruryftctuiiiiìihvfrte4hs3tgsyrsysjrsi5e
6 0
3 years ago
The descriptions below give the responses of four individuals to a Bureau of Labor Statistics (BLS) survey of employment. Use th
aleksley [76]

<u>Explanation:</u>

A. This is the case of Cyclical unemployment here lorraine is just graduated and does not find any job inspite of applying with many of the employers. Here the economic condition of the country is below its full capacity.

B. It is example of potential frictional unemployment as George takes time to move on from current job to a part time job. Frictional unemployment is the time taken to move from one job to another.

C. This is an example of structural and technological unemployment as there is a mismatch between the labor market required skills and the skills of the candidate. Christine has bank teller skills but it is not matched with skills expected by banks.

D. It is called as frictional unemployment where Ricardo is out of job due to lay off by the company. The period between a jobless situation and job is frictional unemployment.

5 0
2 years ago
Our economic system in the United States is a "Mixed System" meaning that we are a free market but we also have
VikaD [51]
The answer is TRUE my guy
5 0
3 years ago
Amy and Mitchell share equally in the profits, losses, and capital of the accrual basis AM Products LLC. The LLC does not need t
Len [333]

Answer: See explanation

Explanation:

Share of ordinary income:

= (Ordinary income - Wages - Depreciation)/2

= (900,000 - 200,000 - 300,000)/2

= 400,000/2

= 200,000

Share of net short term capital gain

= (12,000 - 6,000) × 50%

= 6,000 × 0.5

= 3,000

Share of interest income

= 4000 × 50%

= 4000 × 0.5

= 2000

Share of charitable contribution deduction

= 4000 × 50%

= 4000 × 0.5

= 2000

7 0
3 years ago
Farmers rotate their crops between corn and soybean to increase crop yields. This behavior exhibits a. ​Economies of scale b. ​D
Anit [1.1K]

Answer:

c. ​Economies of scope

Explanation:

In business, economies of scope refers to producing more than one product or service because you can earn higher profits by diversifying your production. The cost of producing these products together or one after another is lower or yields more benefits than producing them separately.

In agriculture economies of scope refers to producing as many different crops  as you can on the same fields. In the case of soybean and corn (or wheat), the crops are rotated because each crop required different nutrients from the soil.

8 0
3 years ago
Other questions:
  • You are asked to complete the weekly StrongPak Scan. It contains several loose pills, unwanted bulk chemicals, and expired amber
    5·1 answer
  • The term _____ is defined as the activity, set of institutions, and processes for creating, communicating, delivering, and excha
    15·1 answer
  • Given the $300 cost per person of each public good, what are adams’ net benefits for each public good individually?
    7·1 answer
  • All managers are by necessity leaders. <br> O True <br> O False
    12·2 answers
  • What federal agency collects income taxes
    5·1 answer
  • Indicate the accounts, amounts, and direction of the effects on the accounting equation under the accrual basis.
    15·1 answer
  • You have a project that costs $750000. It has a 0.30 chance of paying off $3 million and a 0.70 chance of paying off nothing. Wh
    10·1 answer
  • (True) or (False)? A long-term liability that has a portion of it due in the current year should have part reported on the balan
    8·1 answer
  • Which best describes the types of indicators that the HDI measures?
    6·2 answers
  • Which of the following is something a "smart pick list" does NOT help pickers do?pick materials based on order of deliverypick m
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!