All categories

3 years ago

Suppliers’ personal accounts is found in the

Business

1 answer:

harina [27]3 years ago

4 0

Purchase ledger.

The purchase ledger contains the individual accounts of suppliers from whom the business has made a purchase on credit.

You might be interested in

On January 1 of the current year, Chuy Company paid $ 1 comma 800 in rent to cover six months (January - June). Chuy recorded

Sedaia [141]

Answer:

C. Net income will decrease by $ 300

Explanation:

rent expense 300 debit

prepaid rent 300 credit

the entry decrease the prepaid expense (asset) and recognize the accrued expense for the period (rent of February)

As this entry recognzie an expense, the net income decreases by this amount as it decrases the net proceeds from revenues

5 0

3 years ago

Which of the following is true of small business owners? A. The work business owners do requires little physical stamina. B. The

kompoz [17]

B hope i could help :)

8 0

4 years ago

Read 2 more answers

If nominal gdp = $4.5 trillion and the gdp deflator is 150, then real gdp is equal to:

lana66690 [7]

If nominal Gdp = $4.5 trillion and the
Gdp deflator is 150, then real Gdp is equal to 3 trillion. According to investopedia, “GDP stands for gross domestic product and is the measure of the total economic output of the goods and services of a country. GDP is usually expressed on an annual basis, but is sometimes expressed on a quarterly basis within a year”. While Real GDP is defined as “equal to the economic output adjusted for the effects of inflation. Nominal GDP is economic output without the inflation adjustment”.Lastly, Nominal GDP is defined as usually higher than real GDP because inflation is typically a positive number. Nominal GDP is used when comparing different quarters of output within the same year. When comparing the GDP of two or more years, real GDP is used because, by removing the effects of inflation, the comparison of the different years focuses solely on volume.

4 0

4 years ago

Orange Inc. earns a unit contribution margin of $15 for each SwagWatch it sells and $30 unit contribution margin for each Copper

boyakko [2]

Answer: $ 558,750

Explanation:

Contribution Margin (total) = Contribution Margin (SwagWatch) + Contribution Margin (CopperPod)

Contribution Margin = selling price * variable cost per unit

selling price (SwagWatch) = $15, variable cost (SwagWatch) = 5,000

selling price (CopperPod) = $30, variable cost (CopperPod) = 20,000

In 2017

Contribution Margin (total) =$ (15 * 5,000) + (30 * 20,000) = $ 675,000

Fixed Costs = Contribution Margin (total) - Pre-tax Income

Fixed Costs = $ (675,000 – 500,000) = $ 175,000

In 2018

Fixed Costs increases by 5% ⇒ $ [175,000 x (1 + 0.05)]

Fixed Costs = $ 183,750

Sales increases by 10% for each product ⇒

Contribution Margin (total) = $Contribution Margin (total)_{2017}$ * (1 + 0.1)

Contribution Margin (total) = $ [675,000 x (1 + 0.1)]

Contribution Margin (total) = $ 742,500

Pre-tax Income = Contribution Margin (total) - Fixed Costs

Pre-tax Income = $ (742,500 - 183,750) = $ 558,750

4 0

3 years ago

B. A customer sees a house they want, but it's not for sale because it's owned by someone else. How would you go about approachi

Sergeeva-Olga [200]

Answer:

Well typically you would have a realtor contact the home owners. But if u are doing it yourself then you would need to go onto there page that they have it set in call or email them, and they will sign you up for an appointment.

Please mark Brainlyest ❤️

8 0

3 years ago

Read 2 more answers