Answer:
Debit Supplies expenses for $275
Office supplies for $275
Explanation:
Before the adjusting entry, the following adjustment has to be made first:
Ending balance of supplies that has not been adjusted = $379
Physical ending balance = $104
Amount of used supplies during the period = $379 - $104 = $275
This $275 will be recorded as supplies expense. Therefore, the adjusting entry will be as follows:
<u>Particulars Dr ($) Cr ($) </u>
Supplies expenses 275
Office supplies 275
<em><u>(To record the supplies expense for the period.) </u></em>
The above entries will then reduce enduing balance of supplies from $379 to $104.
Answer:
$250 is the answer
Explanation:
As we want to calculate here the net income which could be found from the following formula:
Net Income or Profit = Sales - Expenses
In this case the sales figure is $750 and the expenses are $500.
By putting the values we have
Net Income = $750 - $500 = $250
Answer:
rE = 0.1486 or 14.86%
Explanation:
The expected rate of return of a stock is the mean return that is expected to be earned by the stock considering the different scenarios that can occur, the return in these scenarios and the probability of the occurrence of these scenarios. The formula for expected rate of return of stock is,
rE = pA * rA + pB * rB + ... + pN * rN
Where,
- pA, pB, ... represents the probability that scenario A, B and so on will occur or the probability of each scenario
- rA, rB, ... represents the return in scenario A, B and so on
rE = 0.21 * 0.2 + 0.72 * 0.15 + 0.07 * -0.02
rE = 0.1486 or 14.86%
In order to verify the quality and integrity of completes
visuals, you should NOT ask yourself the question “Is the
visual doing the job?”
<span>One needs to ensure visual and textual
flow in order to have successful integration with text involves for decisions.</span>
Answer:
d
Explanation:
electronica means electronic. i hope i helped u, have a nice dat