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3 years ago

The following information is taken from the 2022 general ledger of Sunland Company.

Business

1 answer:

kaheart [24]3 years ago

7 0

Answer:

Prepaid Rent - Dec 31 $12,580

Rent Expenses $51,000

Less: Prepaid rent Jan 1 $10,030

Cash payment for Rent $53,550

Salaries & Wages payable - Dec 31 $13,600

Salaries & Wage expense $91,800

Less: Salaries & wages payable Jan 1 $13,400

Cash payment for Salaries $92,000

Accounts receivables - Jan 1 $27,200

Sales revenue $272,000

Less: Accounts receivables, Dec 31 $11,900

Cash receipts from customer $287,300

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The gains from trade are Group of answer choices a. evident in economic models, but seldom observed in the real world. b. eviden

liubo4ka [24]

Answer:

The correct answer is letter "C": a result of more efficient resource allocation than would be observed in the absence of trade.

Explanation:

Trade has allowed societies to exchange their products according to their needs. Thanks to trade those goods are distributed accordingly more efficiently since, in isolation, countries would be specialists of certain types of products only which is unlikely to be enough to cover all the individuals' needs in those societies.

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3 years ago

Which bond recommendation would be the MOST safe for an individual who seeks income that is free from federal income tax?

12345 [234]

Answer:

AA-rated revenue bond that is escrowed to maturity.

Explanation:

AA-rated revenue bond that is escrowed to maturity, is the bond recommendation for an individual who seeks income that is free from federal income tax. Escrowed to maturity bond are pre-funded municipal bond and it is backed by the government. The Issuer invests the new bond´s income too high credit securities and also issuer hold proceeds from the new bond issue in a separate escrow account to pay off existing bond when it matures.

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3 years ago

When and where were the first vending machines introduced in the united states?.

Svet_ta [14]

In 1888, Thomas Adams was the first person to build a vending machine that dispensed chewing gum. The gum, named Tutti-Frutti, was available around New York City subway stations.

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2 years ago

Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house

aev [14]

Answer:

$532,500

Explanation:

The question is to compute the Statement of Cost of Services Sold for Happy Home Helpers Inc.

To compute this statement, the approach is to sum all direct costs associated with the service provided by the firm.

Particulars Amount Amount

Opening Inventory Of Materials $4,000

Add: The Purchase of Direct Materials $25,600

Direct Material available $29,600

Subtract: Closing Inventory of materials ($2600)

The Direct Material Used for the year $27,000

Add:

Direct Labour Cost $472,500

Variable Overhead Cost $15,000

Fixed Overhead cost $18,000

$505,500

The Cost of Services of HHH Inc $532,500

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3 years ago

Scenario: Economic hardship has befallen the country after a world war in the year 2055. Thankfully, we are victors. However the

Aloiza [94]

Answer:

I RLLY NEED THESE POINTS IM SO SORRY!

Explanation:

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2 years ago