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Firlakuza [10]
3 years ago
7

The balanThe balance in the supplies account before adjustment at the end of the year is $780. The proper adjusting entry if the

amount of supplies on hand at the end of the year is $255 would be in the supplies account before adjustment at the end of the year is $780. The proper adjusting entry if the amount of supplies on hand at the end of the year is $255 would be. Chegg
Business
1 answer:
Reptile [31]3 years ago
4 0

Answer:

Supplies at the year end before adjustment    $780

Supplies on the hand after adjustment             <u>$225</u>

Supplies Expenses                                             <u>$555</u>

Adjusting Entry           Debit    Credit

Supplies Expenses       $555

Supplies                                      $555

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Accounts Payable: $19,207
lisabon 2012 [21]

Answer:

total liabilities = $169,008

Explanation:

total liabilities:

  • Accounts Payable: $19,207
  • Discount on Bonds Payable: ($7,000) ⇒ contra liability account
  • Sales Tax Payable: 3,512
  • FICA Tax Payable: 3,200
  • Bonds Payable: 100,000
  • Note Payable, due in two years 1,709
  • Unearned Service Revenue 30,500 ⇒ must be reported as a liability
  • Salaries and Wages Payable 17,880

to determine the total liabilities we just have to add both current and long term liabilities, and subtract any contra liability accounts = $176,008 - $7,000 = $169,008

7 0
3 years ago
A company that produces baseball gloves is considering buying some new equipment that it expects will increase future profits. I
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Will increase/decrease per annum
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3 years ago
_____ involves comparing the percentage of minorities and the percentage of women employed in each job category to the availabil
lisov135 [29]

Answer:

The correct answer is letter "A": Job group analysis.

Explanation:

Job group analysis is the evaluation carried out by a company to determine the amount of workforce available and the number of job positions required to cover the operations expected. Besides, it considers the diversity present among existing employees based on <em>age, race, gender or ethnicity</em> to mention a few examples.

3 0
3 years ago
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A marketing manager has just estimated that her firm's marginal revenue will become negative if a proposed price cut is made.
Viktor [21]

Answer:

D. More Units may be sold - but total revenue will be less than it would be at the higher price

Explanation:

Marginal Revenue (MR) represents the additional revenue that can be obtained if sales of a product are increased by one unit.

MR= is change in Total Revenue/Change in Total Output Quantity

In this situation as envisaged by the Marketing Manager, a price cut will lead to an increase in revenue based on more (marginal) units of the product sold at a lower price. The challenge, however, is that this increase in income will not be enough to offset the decrease in revenue that will result as a result of the price cut.

In other words, the organisation is better off selling fewer products or units at its current price than sell more (marginal units) at a reduced price.

7 0
3 years ago
As Quentin checks out of a hotel, he recalls the expectations of quality and service he had upon arriving at the hotel and reali
Soloha48 [4]

Answer:

Experiential

Explanation:

Experiential is the term which is defined as something experiential and it comes from the real world or from experience. It is the procedure of learning through a experience, which is particularly stated as learning by reflection on doing.

So, in this case, the Quentin checks into a hotel, where on arriving he realizes that grounded on expectations, he is not thrilled with the experience. Therefore, this kind of purchase is defined as experiential.

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