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Anna11 [10]
3 years ago
10

On December 31, 2019, Coolwear, Inc. had a balance in its supplies account of $48,400. During 2020, $86,000 was paid for new sup

plies. At the end of 2020, after adjusting entries were recorded, the balance in the supplies account was 42,000. Supplies expense for 2020 would be:_________
Business
1 answer:
Luden [163]3 years ago
6 0

Answer:

$92,400

Explanation:

Supplies expense for 2020 would be calculated as;

= Ending balance in supplies account on December 31, 2019 + Payment for new supplies in 2020 - Balance in supplies account at the end of year 2020

Given that ;

Ending balance in supplies account = $48,400

Payment for new supplies = $86,000

Balance in supplies account at the end of year 2020 = $42,000

Therefore,

Supplies expense for 2020

= $48,400 + $86,000 - $42,000

= $92,400

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Russian and Japanese Europe are interested in international managers: global control refers to the control of commercial enterprise operations in an employer, running in more than one country. global control has a whole lot of blessings.

International managers continually should arrange their commercial enterprise to evolve to neighborhood necessities of all international locations. firstly, they need to create a command hierarchy that involves human beings operating in multiple countries. Then, they must adhere to the local laws and guidelines of the nations they operate in.

It takes a wide range of know-how to be an international manager. They ought to have a complete historical past and aggressive intelligence in marketing, income, finance, and human sources. high-quality networking and pass-cultural communique abilities also are important.

International managers make a contribution with their cultural skills and knowledge of international economics, trade, governments, contracts, markets, and finance to ensure an organization's front into worldwide markets is aligned with its desires and goals.

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