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enot [183]
3 years ago
8

All the following are examples of start-up costs EXCEPT

Business
2 answers:
Dima020 [189]3 years ago
4 0
Payroll taxes are not a start up cost they are either a monthly or annually fee that is a tax on your employee's paycheck

Hope this helps :D<span />
Scorpion4ik [409]3 years ago
3 0
Hmmm, Lets see here
I would say B first and last months rent :)

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Diane Bernick opened Bernick's Consulting. Transactions for the month of January and trial balance at January 31 are shown. Jan.
padilas [110]

1. The preparation of the Income Statement for Bernick's Consulting is as follows:

Bernick's Consulting

<h3>Income Statement </h3>

For the Month Ended January 31, 20--

Consulting Fees               401                             $1,700

Wages Expense                511               1,400

Rent Expense                   521                 750

Phone Expense               525                   65

Utilities Expense              533                  115

Miscellaneous Expense  549                  40    $2,370

Net income                                                          $670

2. The preparation of the Owner's Equity for Bernick's Consulting is as follows:

Bernick's Consulting

<h3>Owner's Equity</h3>

As of January 31, 20--

Diane Bernick, Capital      311            $11,000

Diane Bernick, Drawing   312                (450)

Net loss                                                  (670)

Owner's equity                                 $9,880

3. The preparation of the Balance Sheet for Bernick's Consulting is as follows:

Bernick's Consulting

<h3>Balance Sheet</h3>

As of January 31, 20--

<h3>Assets:</h3>

Cash                                   101             $9,730

Office Supplies                 142                  200

Office Equipment              181                1,300

Total assets                                        $11,230

<h3>Liabilities and equity:</h3>

Accounts Payable           202            $1,350

Owner's equity                                    9,880

Total liabilities and equity                $11,230

<h3>Data: </h3>

Bernick’s Consulting

<h3>Trial Balance</h3>

January 31, 20--

ACCOUNT TITLE    ACCOUNT NO.    DEBIT    CREDIT

Cash                                   101             $9,730

Office Supplies                 142                  200

Office Equipment              181                1,300

Accounts Payable           202                              $1,350

Diane Bernick, Capital      311                              11,000

Diane Bernick, Drawing   312                 450

Consulting Fees               401                               1,700

Wages Expense                511               1,400

Rent Expense                   521                 750

Phone Expense               525                   65

Utilities Expense              533                  115

Miscellaneous Expense  549                  40

Totals                                                 14,050   14,050

Learn more about preparing financial statements at brainly.com/question/22941895

#SPJ1

4 0
2 years ago
The Beach Shack Company produced 5,500 cakes that require 3 standard pounds per unit at $3. 00 standard price per pound. The com
prohojiy [21]

Answer:

Explanation:

Standard pounds per cake = 3 pounds

Standard unit price = $3

Standard pounds 5500 cakes = 16,500 pounds

Actual pounds per 5500 cakes = 16,650

Variance = (16,650 - 16,500)=150

Cost of actual materials used = actual materials * standard price

=16,650*3 =49,950

Cost of work in progress = Standard materials * standard price = 16,500*3= 49.500

Direct material quantity variance = Quantity variance * 3

150*3 = 450

Journal entry

Debit work in progress = 49,500

Debit material quantity variance = 450

Credit Material = 49,950

4 0
3 years ago
Look at the tables below, which show, respectively, the willingness to pay and willingness to accept of buyers and sellers of in
Anastaziya [24]

Answer:

(a)  The equilibrium quantity is Q*  = 6 (b) The quantity supplied by private sellers is Q* = 0 (c) The new new equilibrium price is $9, the new equilibrium quantity is = 5 bags, and the bags were oranges were over produced is Q* = 1

Explanation:

Solution

(a) When the equilibrium price is at $8, the the quantity of equilibrium is  stated as:

From the data given, when the price at equilibrium is $8, then the six consumers namely, bob, barb, bill, brat, Brent, Betty were all willingly to pay much more than the equilibrium price and the 6 producers namely, Carlos, Courtney, chuck, Cindy, Craig, chad accepted, because the price at equilibrium  is greater than the minimum accepted price.

So,

The equilibrium price is Q*  = 6

(b) If all the buyers are free riders, then the maximum willingness of the price of buyers is $0, because the willingness of the buyer's is lesser than the accepted minimum price of the sellers, for this producers will not be willingly to produce, thus the supplied quantity by private sellers is 0

Hence,

Q* = 0

(c) When forcing a $2-per-bag tax on sellers then, the price will increase to $9

So,

The new  price of equilibrium is = $9

At the new equilibrium price $9 where 5 consumer and producer were willing and accepting to pay more than the equilibrium price

So,

The new equilibrium quantity is Q* = 5 bags

Now,

If the new equilibrium quantity of 5 bags is an optimal quantity,

Then,

(6-5) which results to 1 bag were overproduced.

Therefore,

Q* = 1

5 0
3 years ago
Describe each of the 3 functions of communications and give examples of each from your own life (do not use examples from the bo
Alex787 [66]

Answer:

hi! this is just your daily reminder that you can do everything you put yourself to do no cap!!! :) ps. your supperrr smart =D

8 0
3 years ago
You click on a job and see that you have a “Connection” at that company. Brainstorm 1-2 steps you might want to take with this c
Sindrei [870]

Answer:

make a resume and get an application to apply

Explanation:

6 0
3 years ago
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