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
brilliants [131]
2 years ago
5

A physical count of supplies on hand at the end of May for Masters, Inc. indicated $1,253 of supplies on hand. The general ledge

r balance before any adjustment is $2,130. What is the adjusting entry for office supplies that should be recorded on May 31
Business
1 answer:
e-lub [12.9K]2 years ago
5 0

Answer and Explanation:

The journal entry is as follows;

Supplies expense Dr ($2,130 - $1,253) $877

     To Supplies $877

(being the supplies expense is recorded)

Here the supplies expense is debited as it increased the expenses while on the other hand the supplies is credited as it decreased the assets. Also both the accounts contains normal debit balance

You might be interested in
Verify describe the distillation process of alcohol​
klio [65]
It’s a process that can be used to separate pure liquids from a mixture of liquids
5 0
1 year ago
Determine if the following situations describe a game or a decision. Indicate what specific features of the situation caused you
hammer [34]

Answer:

China chooses a level of tariffs to apply to American imports.

3 0
3 years ago
Ahrends Corporation makes 46,000 units per year of a part it uses in the products it manufactures. The unit product cost of this
IgorC [24]

Answer: 49.10 pee unit

Explanation:

Direct materials = $14.30

Add: Direct labor = 23.90

Add: Variable manufacturing overhead = 3.00

Add: Avoidable overhead = 28.30 - 28.40 = 0.10

Avoidable cost = 41.10

The maximum amount that the company should be willing to pay an outside supplier per unit for the part if the supplier commits to supplying all 53,000 units required each year will be:

= 41.10 × 53000 + 424,000 / 53000

= 49.1 per unit

6 0
2 years ago
I got called a street walker for this outfit,makeup and jewelry that i didn't even want to wear by my stepfamily when my cousin
yuradex [85]
You look like a burned victim
4 0
3 years ago
Explain the difference between the concepts of Business Management and Technology Management. Provide examples.
Verizon [17]

Answer:

Explanation:

There is a difference between business management and technology management.

Business management refers to managing the organization's business perspective so that the direct business objectives of the organization is served.

Business management involves managing the domain, employees, looking after the business processes of an organization, etc. whereas

While technology management is used to make the business process simple and convenient through various aspects like managing the technical aspect of each and every business process and that is possible by having details about the technical aspects that are involved in all the business process of the organization.

For an organization to be successful it should possess all the required management techniques that include the business and technical aspects both.

Today the way of doing business has changed a lot and hence the organizations need to be quite diligent and effective in order to sustain and remain competitive in the industry.

8 0
3 years ago
Other questions:
  • When i was fifteen, i asked my mom if i could go visit my cousin, who lived across the country. "if you can [wol] up enough baby
    8·2 answers
  • How will consumers react to the incentive of a higher price on a good or service?
    14·2 answers
  • How are credit unions similar to banks? A. They both seek to make a profit. B. They both give out loans. C. They're both owned b
    15·1 answer
  • The best way to overcome a sincere need objection by a business prospect is to:
    7·1 answer
  • For each of the statements below, use the dropdown box to select the response that completes the sentence correctly. Knowledge C
    5·1 answer
  • On January 1, 2021, Teal Corp. had 502,000 shares of common stock outstanding. During 2021, it had the following transactions th
    7·1 answer
  • Leaders who function primarily by clarifying role and task requirements to accomplish established goals exhibit a(n) ________ st
    10·1 answer
  • 3 oz x 6 feedings = 18oz per day X 30 days =
    5·1 answer
  • Ryan's Express has total credit sales for the year of $189,000 and estimates that 3% of its credit sales will be uncollectible.
    8·1 answer
  • Help help businesses please please
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!