1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
leonid [27]
3 years ago
12

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    <u> $10,030</u>

Cash payment for Rent     <u>$53,550</u>

Salaries & Wages payable - Dec 31       $13,600

Salaries & Wage expense                      $91,800

Less: Salaries & wages payable Jan 1   <u>$13,400</u>

Cash payment for Salaries                    <u>$92,000</u>

Accounts receivables - Jan 1              $27,200

Sales revenue                                      $272,000

Less: Accounts receivables, Dec 31    <u>$11,900</u>

Cash receipts from customer            <u>$287,300</u>

You might be interested in
In the context of human resource management challenges, which of the following statements is true of women workers?A) Many profe
Nataly_w [17]

Answer: A) Many professional women step out of the workforce early to start their own companies.

Explanation:

There are several human resource management challenges such as compliance with organization rules and laws, adaptation to innovation, recruitment challenges etc.

In the context of human resource management challenges, the most likely true option is that many professional women step out of the workforce early to start their own companies. Unlike their male counterparts who can stay for a very long time, the reverse is usually the case with women.

5 0
3 years ago
What is the difference between a debit card and a cash card? A. A debit card is less secure than a cash card.  B. A cash card c
Nimfa-mama [501]

Answer:

C. A cash card is not tied to a bank account.

Explanation:

3 0
3 years ago
The account number 13 tells you that the account
OleMash [197]

An account number is the primary identifier for ownership of an account. The account number 13 tells you that the account is the 13th account in the ledger. You can find your account number on your checks (see below) or in the top right corner of your statement, directly below the date range. Correct answer: A

5 0
3 years ago
Read 2 more answers
What is the percentage return (interest rate) an investor will receive if they purchase a zero-coupon bond today for $954.70 tha
DanielleElmas [232]

Answer:

Interest rate = 4.75% (approx)

Explanation:

Given:

Face value of bond = $1,000

Present value of bond = $954.70

Interest rate = ?

Computation of Interest rate :

Interest rate = [\frac{Face value of bond}{Present value of bond}-1] \times 100\\

Interest rate = [\frac{1,000}{954.70}-1] \times 100\\\\Interest rate = [1.04744946-1] \times 100\\Interest rate = [0.04744946] \times 100\\= 4.744946

Interest rate = 4.744946%

Interest rate = 4.75% (approx)

8 0
3 years ago
Assume Chester Corp. is downsizing the size of their workforce by 20% (to the nearest person) next year from various strategic i
Tasya [4]

Answer:

$311,100

Explanation:

Solution

Recall that:

Assume Chester corp downsized the size of their workforce by = %

The exit interviews cost estimated = 100

Additional normal costs of separation = $5000

Now,

The Total Employee = 305

The Down Sizing = 20%

Thus,

The Total Employee = 305 x 20% = 61 employees

so,

The Separation cost per employees = $5000

The Exit interview cost = $100

Total cost = $5,100

Now,

The total overall cost of separation = 61 employees x total cost of separation per employees

Which is,

= 61 x 5100  = = $311,100

                                                                             

3 0
3 years ago
Other questions:
  • H and r budget challenge buckle up week quiz frank's electric bill has a cycle day of the 3rd and a due date 8 days later with a
    5·2 answers
  • Bonita Industries prepared a fixed budget of 75000 direct labor hours, with estimated overhead costs of $375000 for variable ove
    6·1 answer
  • Tammy Knowles is the publisher of "New Woman Magazine," which is a publication targeted to Gen Y women. Because it is a small, n
    5·1 answer
  • The allocative function of price cannot operate unless there is:
    12·1 answer
  • When a partnership is liquidated, the journal entry to pay the claims of creditors would include a debit to
    6·1 answer
  • Candidates for depth interviews could include a. current customers. b. members of the target market. c. executives and managers
    11·1 answer
  • Geneva, a team manager at Mobile Solutions, needs to inform her subordinates that there will be a round of layoffs at the end of
    7·1 answer
  • Suppose that the government introduces a tax on interest earnings. That is, borrowers face a real interest rate of r before and
    15·1 answer
  • The Dean's laissez faire attitude hit its zenith when he had missed five department chair meetings in a row despite the pressing
    15·2 answers
  • Jackson Company had a net increase in cash from operating activities of $10,000 and a net decrease in cash from financing activi
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!