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Blababa [14]
2 years ago
11

Please help me!!! Click here for question!

Business
2 answers:
olga_2 [115]2 years ago
5 0

Answer:

I think maybe B?

Explanation:

I am not sure so I think its b

Evgen [1.6K]2 years ago
4 0

Answer:

The answer is A: competitive salaries

Explanation:

I just did this test and this was the right answer.

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Jim Walton perform services on credit for $2450 a debit for this transaction should be recorded to?
ki77a [65]
A) accounts receivable 

Hope this helped!
5 0
3 years ago
Closing the Accounts of a Merchandiser From the following list, identify the accounts that should be closed to Income Summary at
mixer [17]

Answer:

Advertising Expense , Cost of Merchandise Sold , Merchandise Inventory, Sales,Supplies Expense are closed to income summary account. Revenues and expenses are closed to Income Summary.

Explanation:

Closing Entries

a. Accounts Payable:  No it is not closed to income summary account.

b. Advertising Expense:  Yes it is  closed to income summary account.

c. Cost of Merchandise Sold: Yes it is  closed to income summary account.

d. Dividends : No these are closed To Retained Earnings Accounts.

e. Merchandise Inventory : Yes it is  closed to income summary account

f. Sales Yes it is  closed to income summary account

g. Supplies:  No prepaid supplies are an asset account and it is included balance sheet.

h. Supplies Expense: Yes it is  closed to income summary account

i. Wages Payable: Not closed in the income summary account.

These are liabilities and included in the balance sheet.

8 0
3 years ago
What are the advantages and disadvantages of using a credit card?
scoundrel [369]
Some advantages are not having to bring cash with you, andyou can keep it in one place. A couple of disadvantages are having the constant threat of account fraud of you're not careful, and you can easily overspend on a credit card.

Hope this helps ~
3 0
3 years ago
Read 2 more answers
Preparing journal entries-outputs Hartley Company has a production process that involves three processes. Units move through the
Blababa [14]

Answer:

(It is assume that completed unit have been transferred to next department)

The jounal entries for each transaction is given below.

Cost of units completed in the Cutting Department, $17,000

Debit WIP stamping Dept         $ 17,000

Credit WIP cutting Dept            $ 17,000

Cost of units completed in the Stamping Department, $30,000

Debit WIP polishing Dept              $ 30,000

Credit WIP stamping Dept            $ 30,000

Cost of units completed in the Polishing Department, $35,000

Debit Finished good                     $ 35,000

Credit WIP polishing Dept            $ 35,000

Sales on account, $50,000

Debit GOGS                          $ 40,000

Credit Finished good           $ 40,000

Debit Receivable Account   $ 50,000

Credit Sales                          $ 50,000

6 0
3 years ago
Read 2 more answers
Assume Royal Palm Corp., an equipment distributor, sells a piece of machinery with a list price of $800,000 to Arch Inc. Arch In
Alexandra [31]

Answer:

a. $720,000

Explanation:

Since in the question, it is given that the equipment is sold at the list price

The list price is $800,000 and the selling percentage is 90%

So, the revenue should be recorded

= List price × selling percentage

= $800,000 × 90%

= $720,000

Simply we multiplied the list with the selling percentage so that the correct amount can come

3 0
3 years ago
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