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2 years ago

Mike Greenberg opened Cheyenne Window Washing Inc. on July 1, 2022. During July, the following transactions were completed.

Business

1 answer:

Pavel [41]2 years ago

4 0

Answer:

Cash (Dr.) $9.800

Common Stock (Cr.) $9,800

Truck (Dr.) $6,560

Cash (Cr.) $1,640

Accounts Payable -Truck (Cr.) $4,920

Cleaning Supplies (Dr.) $740

Accounts Payable (Cr.) $740

Prepaid Insurance (Dr.) $1,440

Cash (Cr.) $1,440

Accounts Receivable (Dr.) $3,030

Service Revenue (Dr.) $3,030

Accounts Payable - Truck (Dr.) $820

Accounts Payable - Supplies (Dr.) $410

Cash (Cr.) $1,230

Cash (Dr.) $1,310

Accounts Receivable (Cr.) $1,310

Maintenance Expense Truck (Dr.) $240

Cash (Cr.) $240

Dividend paid (Dr.) $490

Cash (Cr.) $490

Explanation:

1) Accounts Receivable (Dr.) $1,750

Service Revenue (Cr.) $1,750

2) Depreciation expense (Dr.) $202

Accumulated Depreciation (Cr.) $202

3) Insurance Expense (Dr.) $120

Prepaid Insurance (Cr.) $120

4) Ending Inventory (Dr.) $320

Cleaning Supplies (Cr.) $320

5) Salaries Expense (Dr.) $415

Salaries Payable (Cr.) $415

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Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. There are diminishi

nexus9112 [7]

Answer:

Explanation:

For computing the cost of inventorying, we have to apply the formula which is shown below:

= Total costs ÷ Number of items

1. Cost of inventorying = Total costs ÷ Number of items

= $125 ÷ 100 items

= $1.25

Total cost = $100 + $25 = $125

2. Cost of inventorying = Total costs ÷ Number of items

= $150 ÷ 150 items

= $1

Total cost = $100 + $25 + $25 = $150

3. Cost of inventorying = Total costs ÷ Number of items

= $175 ÷ 160 items

= $1.10

Total cost = $100 + $25 + $25 + $25 = $175

$25 is the each worker pay

To minimize the cost we required two workers as the cost of inventorying is lesser than other two.

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2 years ago

A study of donor behavior for the International Red Cross seeks to identify participation from consumers through indirect gifts

yuradex [85]

Answer: C. sensitive information

Explanation: A. precision

B. time for though

C. sensitive information

D. recall and memory decay

E. presumed knowledge

The instrument designer should be aware of errors arising from the issue of sensitive information when writing the target questions for the study. The issue of sensitive information deals with information that must be protected against unwanted disclosure and thus must be safeguarded usually because of legal, security or ethical reasons. It borders issues concerning personal privacy such as individual donor records, or those pertaining to proprietary considerations.

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3 years ago

Read 2 more answers

Sunnyside Detailing's cost formula for its materials and supplies is $1,950 per month plus $14 per vehicle. For the month of Aug

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Answer:

Flexible budget cost materials and supplies= $2,720

Explanation:

In the flexible budget, we need to multiply the standard quantities by the actual activity.

<u>Standard cost formula:</u>

materials and supplies= 1,950 + 14*x

x= number of vehicles

<u>For 55 vehicles:</u>

Flexible budget cost= 1,950 + 14*55

Flexible budget cost= $2,720

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2 years ago

It has been observed in the aircraft industry that, each time cumulative output of airframes was doubled, unit costs typically d

horsena [70]

Answer:

the experience curve

Explanation:

The experience curve refers to a company having lower production costs due to increasing experience of the manufacturing process.

This concept applies to most activities in life, do you remember "practice makes perfect", well practice is equal to experience. For example the first time you drove a car, it probably took you a long time to go from your point of origin to your destination. Your driving inexperience increased the costs of driving from one place to another (more time and fuel spent). But after a while, when driving was something normal you are able to drive the same distance at a lower cost (less time and fuel).

Imagine for a car company that is trying out a new model. The first units are usually assembled with several flaws that must be corrected and are used to research possible design or equipment flaws. Those failures are corrected as the workers acquire more experience.

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2 years ago

Someone who wants to learn a skilled trade on the job should consider

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Learn more about what they want to do before they do it

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