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3 years ago

Which amount does not change during the period and is added to purchases when computing the cost of goods available for sale?

Business

2 answers:

Temka [501]3 years ago

6 0

D.) Beginning Inventory is the correct answer.

Alex Ar [27]3 years ago

5 0

Hello
the best answer is c

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To create a balanced budget, one must balance needs against what

mamaluj [8]

To create a balanced budget, one must balance needs against wants.

In order to Create a balanced budget you should:

1. Keep track of your financial gain and expenses.
2. Stay on top of your monthly bills.
3. Be ready for surprising expenses.
4. Not overspend.
5. Figure out what quantity you wish to save lots of to satisfy your monetary goals.

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4 years ago

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On December 31, management had determined that it would not be able to collect the $1,200 owed to it by one of its customers. On

mario62 [17]

Answer:

a. Journal entries to record the reinstatement of the account receivable

Account Title and Description Debit Credit

Account receivable account $600

Allowance for Doubtful Accounts account $600

(Reinstatement of the account receivable)

b. Journal entries to record the receipt of cash

Account Title and Description Debit Credit

Bank Account $600

Account receivable account $600

(Receipt of cash)

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3 years ago

Your best friend just said that she isn’t going to college, because she cannot afford it. What would you tell her?

puteri [66]

I would suggest her to opt for scholarship programs that are offered by several colleges, there is a need based scholarship programs too.

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2 years ago

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Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries,

stiks02 [169]

Answer:

I will use the 2020 tax schedule since recovery rebate credit applies to 2020:

Marc and Michelle's gross income = Marc's and Michelle's salaries + interest from corporate bonds = $64,000 + $12,000 + $500 = $76,500

they should choose the standard deduction since it is higher than their itemized deductions = ($24,400)

contribution to IRA = ($2,500)

alimony payment = ($1,500) the divorce agreement was settled on 2005

Marc and Michelle's taxable income = $48,100

Marc and Michelle's tax liability = $1,975 + [12% x ($48,100 - $19,750)] = $5,377

Interests on municipal bonds is not taxable.

The amount of taxes that they owe = $5,377 - $3,500 (federal tax withholdings) = $1,877

Refundable tax credits:

$2,000 in child tax credit

$2,900 in recovery rebate credit

total = $4,900

taxes payable or refund = tax liability - refundable tax credits = $1,877 - $4,900 = -$3,023.

Marc and Michelle should get a refund for $3,023

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3 years ago

Organizational change can best be defined as ________.

Zigmanuir [339]

Organizational change can best be defined as any alteration of people, structure, or technology.

When an organization makes a change it is known as organizational change. When changing an organization you are making a change to the way the company runs. Changing any type of structure, technology or moving around how people work can make a change to the organization.

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3 years ago