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
vesna_86 [32]
3 years ago
9

Which type of adjusting entry is used to record a payment a company has not yet made for a service it received?

Business
1 answer:
givi [52]3 years ago
5 0

Answer:

C. Accrued expense

Explanation:

Because the expense has already been incurred, but not yet paid, it is an accrued expense.

You might be interested in
Carpenter Inc. had a balance of $80,000 in its warranty liability account as of December 2006, Carpenter's warranty expenditures
alukav5142 [94]

Answer: the answer is a because i just fell

Explanation:

12345678910

4 0
3 years ago
The following is a list of account titles and amounts (dollars in millions) from a recent annual report of Calvin, Inc., a leadi
solong [7]

Answer:

ASSETS

<u>NON -CURRENT ASSETS</u>

Buildings and improvements                              195

Land and improvements                                       15

Other intangibles                                              1,359

Machinery, equipment, and software                418

Tools, dies, and molds                                          71

Accumulated depreciation                               (417)

Goodwill                                                              469

Accumulated amortization (other intangibles) (819)

TOTAL NON -CURRENT ASSETS                    1,291

<u>CURRENT ASSETS</u>

Inventories 300

Prepaid expenses and other current assets   165

Allowance for doubtful accounts                     (39)

Accounts receivable                                          641

Other noncurrent assets                                   210

Cash and cash equivalents                              636

TOTAL CURRENT ASSETS                             1,613

TOTAL ASSETS                                             2,904

Explanation:

Non-current assets are assets of a long term nature ,exceeding period of 12 months.

Current assets are assets of a short term nature, not exceeding a period of 12 months.

8 0
3 years ago
Please submit your idea for a practical, innovative, and marketable product or service (it’s just for a project)
Nikolay [14]

Um...I decided to share these ideas because they are an upgrade of the things we use in daily life. These inventions make things more fun.

Banana skin caution wet floor signs. Fun caution signs shaped like slippery bananas. ...

Basket ball hoop over trash can. Trash cans where you can slam dunk your trash. ...

Create your own 6-pack machine. Machines where you can pick your own 6-pack. ...

Rechargeable USB batteries. Batteries you can charge via USB. ...

Slides beside stairs.

Sunglasses with solar-powered fans. ...

a TV channel that only plays commercials. ... (for stores)

5 0
3 years ago
The changes in account balances for Elder Company for 2018 are as follows: Assets $ 680,000 debit Common stock 350,000 credit Li
hammer [34]

Answer:

Net income will be $160000

So option (c) will be the correct answer

Explanation:

We have given debt common stock = $680000

Credit liabilities = 350000

Credit paid in capital = 190000

And excess of par 30,000 credit Assuming the only changes in retained earnings

So 680000 = 350000+190000+30000+ retained earning

So retained earning = $110000

Dividend paid = $50000

So net income = dividend paid + retained earning = $110000+$50000 = $160000

So option (c) will be the correct answer

4 0
3 years ago
What would be the situation if the price was moved from p2 to p3
Korolek [52]

Answer:

c

Explanation:

theprice would be too high

5 0
3 years ago
Read 2 more answers
Other questions:
  • Kirby purchased a condominium. He has all rights of ownership, including the right to sell and to convey his property to heirs w
    5·1 answer
  • Torque roz, an automobile company, uses a unique tire design on its vehicles. a rival company was found copying the exact design
    7·1 answer
  • What is the yield to maturity (YTM) on a simple loan for $1,500 that requires a repayment of $15,000 in five years’ time?
    9·1 answer
  • Is a number that represents a measure of intelligence, based upon one's performance on an intelligence test, that is normed on a
    13·1 answer
  • Industry is the supply side of the market.<br><br> Question 10 options:<br> True<br> False
    12·1 answer
  • When deciding how to deal with negative feelings, why should you evaluate the causes of your issue??
    10·2 answers
  • Evidence by Blake, Elton, and Gruber indicates that, on average, actively managed bond funds ______. outperform passive fixed-in
    5·1 answer
  • Assume that Cane expects to produce and sell 88,000 Alphas during the current year. One of Cane's sales representatives has foun
    15·1 answer
  • Lucy is trying to sell her CyberPowerPC Gamer Xtreme MSAAG1000 Gaming PC; however, none of the potential buyers is willing to pa
    9·1 answer
  • Businesses can be classified into the following forms: sole proprietorship, partnership, corporation, limited liability company
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!