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
Nuetrik [128]
2 years ago
9

Which account would normally not require an adjusting entry?

Business
1 answer:
umka2103 [35]2 years ago
3 0

When adjusting journal entries, you generally will never need to create an adjusting journal entry for the cash account. Accountants debit cash throughout the month to record inflows of cash and credit the cash account to reflect money going out of the business.

You might be interested in
The franchisor generally does NOT provide the franchisee with:
Nonamiya [84]

Answer:

c. wholesale prices on supplies

Explanation:

  • The franchises provide the financial assistance and are limited to only some of the franchises and provide the location services as they have experiences of choosing a successful location.  
  • <u>Also the training of the people for the manual operations and to carry out the operational services and also serves as the advertising and the efforts on a national regional and the local basis and the needed administrative support in terms of the human resource in the accounting etc.</u>
7 0
3 years ago
Engineers for The All-Terrain Bike Company have determined that a 15% increase in all inputs will cause a 15% increase in output
Trava [24]

Answer:

the average cost to reduce

Explanation:

In this situation, when The All-terrain Bike Company increases input (capital and labor) and this causes a proportional increase in output, this scenario The All-terrain Bike Company experiences is called a constant returns to scale which gives rise to decreased average costs.

This happens because buying larger quantity of inputs gives rise to a reduced cost of purchase because these things are being bought in bulk.

7 0
3 years ago
Read 2 more answers
Which of the following are microeconomic problems? (You may select more than one answer.)(a) Work/leisure choice.(b) Marketing s
Ksivusya [100]

Answer:

(a) Work/leisure choice

(b) Marketing strategy

Explanation:

Microeconomic issues relate to those that are within the scope and power of individuals, households and firms which means that problems here will relate to decisions that these participants make in relation to resource allocation.

Choices relating to leisure or work have to do with the individual and the resources they would need or derive from either work or leisure and so are a microeconomic problem.

The marketing strategy that a firm should pursue is related to an individual firm and so is a microeconomic problem as well.

8 0
3 years ago
Dakota Company had net sales (at retail) of $260,000.
disa [49]

Answer:

$35,860  

Explanation:

The computation of the ending inventory using the retail inventory method is shown below

Particulars                      Cost          Retail

Opening Inventory(A)   $63,800    $128,400

Purchases(B)                 $115,060    $196,800

Goods available

C=(A-B)                         $178,860     $325,200

Cost ratio

($178,860 ÷ $325,200 × 100) 55%  

Sales at retail (D)                            $260,000

End, Inventory at Retail                     $65,200

($325,200 - $260,000)

End, Inventory at Cost    $35,860  

($65,200 × 55%)

8 0
3 years ago
For the year ended December 31, Year 1, Fields Company made cash payments of $61,600 for dividends, paid interest of $30,400, pa
Yanka [14]

Answer:

D. $77,600

Explanation:

The $77,600 made to purchase equipment would be reported as a cash outflow in the investing activities section. This is because asset purchased such as equipment is an investment while the cash used to purchase the asset is regarded as cash outflow.

Dividends are recorded in the financing section, while cash paid for interest and paid to suppliers would be recorded in the operating activities.

4 0
3 years ago
Other questions:
  • Which task is the responsibility of middle management?
    15·1 answer
  • A business owner makes 50 items by hand in 40 hours. She could have earned $20 an hour working for someone else. Her total expli
    9·1 answer
  • Ken just purchased new furniture for his house at a cost of $15,000. The loan calls for weekly payments for the next 5 years at
    8·1 answer
  • Which of the following is NOT a creative thinking exercise entrepreneurs use to generate ideas?
    10·1 answer
  • Even if controls are in place, most companies require how man many signatures for checks over a certain dollar amount?
    13·2 answers
  • Suppose Adam wants to have $750,000 in his IRA at the end of 30 years. He decides to invest in an annuity paying 6% interest, co
    8·1 answer
  • Reporting Net Sales with Credit Sales, Sales Discounts, and Credit Card Sales
    15·1 answer
  • Manero Company included the following information in its annual report: 20X3 20X2 20X1 Sales$178,400 $162,500 $155,500 Cost of g
    6·1 answer
  • When consumers are evaluating alternatives, they will clarify the information they have gathered in what three ways?.
    8·1 answer
  • What were the 3 main programs president Roosevelt established to help reconstruct the US economy?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!