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sergij07 [2.7K]
3 years ago
6

Swifty Company showed the following balances at the end of its first year: Cash $3930 Prepaid insurance 6910 Accounts receivable

4990 Accounts payable 3960 Notes payable 5930 Owner’s Capital 2090 Owner’s Drawings 960 Revenues 32100 Expenses 24800 What did Swifty Company show as total credits on its trial balance? a. $44080 b. $49070 c. $45040 d. $9390
Business
1 answer:
Norma-Jean [14]3 years ago
8 0

Answer:

$44,080

Explanation:

The total credit for swifty company can be calculated as follows

Account payable + notes payable + common stock + revenue

= 3960 + 5930 + 2090 + 32100

= 44,080

Hence the total credits is $44,080

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zheka24 [161]

Answer:

Gross Domestic Product

= $500

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Net National Product:

= GDP - Depreciation

= 500 - 80

= $420

National Income

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<em>This is the income that a resident of the country earns and $420 is what Barry earned in net income.</em>

Personal Income

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4 0
3 years ago
Petrus Framing's cost formula for its supplies cost is $1,840 per month plus $12 per frame. For the month of March, the company
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Answer:

$84 unfavorable

Explanation:

The computation of the activity variance for supplies cost is shown below:

Supplies cost for the standard one is

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6 0
3 years ago
PLEASE HELP! I need to know what to put in the blank
Alborosie

Available Options are:

A) comprehension

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C) ordering

D) reordering

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Answer:

Option E. Awareness-building

Explanation:

The reason is that the main purpose of the advertisement and the publicity of the product is to increase the interest of the customer by portraying the product as a masterpiece. Furthermore, under the AIDA Model, it is the second stage which is:

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6 0
4 years ago
Pharoah Corporation engaged in the following cash transactions during 2020. Sale of land and building $187,600 Purchase of treas
Alla [95]

Answer:

See below

Explanation:

The computation of net cash provided is seen below

Proceeds from issuance of common stock

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Less:

Purchase of treasury stock

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Less:

Dividend payment

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Less:

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3 years ago
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Agriculture:
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