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slavikrds [6]
2 years ago
9

Alicia Tax Services paid $690 to settle an account payable. Which of the following general journal entries will Alicia Tax Servi

ces make to record this transaction? Multiple Choice Debit Office supplies expense, $690; credit Cash, $690. Debit Cash, $690; credit Office supplies, $690. Debit Office supplies, $690; credit Cash, $690. Debit Office supplies, $690; credit Accounts payable, $690. Debit Accounts payable, $690; credit Cash, $690
Business
1 answer:
aleksandr82 [10.1K]2 years ago
4 0

The general journal entries that  Alicia Tax Services will make to record this transaction is :Debit Accounts payable, $690; credit Cash, $690.

Based on the information given since Alicia Tax Services paid the amount of  $690 to settle an account payable which means that the appropriate journal entry to record the transaction will be:

Debit Accounts payable $690

Credit Cash $690

(To record account payable)

Inconclusion the general journal entries that  Alicia Tax Services will make to record this transaction is :Debit Accounts payable, $690; credit Cash, $690.

Learn more about account payable here:brainly.com/question/1347024

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A company provides services to clients during the period that are neither paid for, nor billed to the clients. What must the com
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Answer:

c. Accrue revenue by making an adjusting entry at the end of the period

Explanation:

As in the given situation since it is mentioned that the service is earned but not yet billed or collected so here the revenue is accrued so that the revenue could be recorded by recording the adjusting entry and there is an account receivable at the closing of the period.

Therefore according to the given options, the option c is correct and the same is to be considered

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3 years ago
If a student is in 8th grade, what year will they graduate
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The would graduate 2021-2022
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AirStep Shoe Company has two retail stores, one in Gainesville and the other in Orlando. The Gainesville store had sales of $165
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365000 - 165000 = $215,000
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4 0
3 years ago
Maggie and Nate enter into a contract for the sale of car, but Nate later refuses to deliver the goods. Maggie asks a court to o
Vikentia [17]

Answer:

Equitable remedy

Explanation:

The equitable remedy is the actions taken by the court in order to solve the breach or the dispute of the contract done.

Since in the given question it is mentioned that the two parties are entered into a contract where the Nate refuse for delivered the goods and maggie ask a court to order Nate to perform his duty so this represent the equitable remedy

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In current business publications, find examples of firms whose strategies to increase profits focus primarily on generating more
ladessa [460]

Answer:

Following are the responses to these question.

Explanation:

The goal of most businesses is to achieve the optimum gross profit. Moreover, to achieve this, a well-designed plan or plan deserves to be placed in place. The management needs to ensure that things are done properly and so that they are successful at the same period and therefore do not harm the business. That fast-food giant Mcdonald's is a good example of this. One of McDonald's' franchises in York City recently increased its Big Mac sales from $5,98 to $6,28. Before all this, Macdonalds would have an annual boost.

"During first 4th quarter, the price of Eiffel Tower in the U.s. Increased two percent year on year was still less than price index"

They need businesses like Apple at another end of the continuum. Apple also fired 1,600 filled retail employees to increase its gross profit. "Operating revenue inside the second quarter of 2009 were down $308 million to $334 million...." We were able to boost their earnings by cutting such full-time jobs. "To 8.16 billion u.s. dollars, which is over 7.96 percent estimated, the economy increased by 8.7%.

It doesn't seem to be the right way of achieving performance. It'd be effective to mix the two. Gradual sale rates are an optimal option, not cutting too many roles at once or combination. It is borne in mind that a decrease in the number of jobs is much more work to left workers who can keep them in a demanding working environment. This could mean a dramatic decline in customer support efficiency. Stuff on all sides of the spectrum must be looked at.

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