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serious [3.7K]
2 years ago
13

Priscilla decides to order a delivery from the local sandwich shop. Her order comes to $12. 74 and there is a $2. 30 delivery ch

arge. When the food is delivered, Priscilla adds on to her receipt a charge of 15% of her total, not including the delivery charge, as a tip for the driver. When Priscilla goes to check her debits on her online bank statement, what amount should she expect as her total debit? a. $14. 65 b. $15. 04 c. $16. 95 d. $17. 30.
Business
1 answer:
DochEvi [55]2 years ago
4 0

Debit is the amount of the money paid or owed, it can either raise the asset amount or can reduce the equity balances. It can also be referred to as the amount spent as an expense from the account.

$ 16.95 is the total debit amount.

<h3>How to calculate Priscilla's debit?</h3>

Given,

  • Price of the order = $12.74
  • Delivery charge = $2. 30

Step 1: The 15% of the total price of the order excluding delivery will be:

\begin{aligned}15\% &= \dfrac{\rm X}{\$12.74} \times 100\\&#10;\\&#10;\rm X &= \dfrac{\$12.74 \times 15}{100}\\&#10;\\&#10;& = \$1.91\end{aligned}

Step 2: Add the total price of the order, delivery charge and tip.

\$12.74 + \$ 2.30 + \$ 1.91 = \$16.95

Therefore, option c. $ 16.95 is the expected debit from her account.

Learn more about debit here:

brainly.com/question/3591182

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2 years ago
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The following accounts and account balances are available for Badger Auto Parts at December 31, 2019:
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Answer:

Answer is solved and explained in the explanation section below.

Explanation:

In this question, we are asked to prepare a trial balance assuming that all accounts have normal balances. And the purpose of making a trial balance is to make sure that the entries in the system are mathematically sound.

So,

Badger Auto Parts                                         Debit                Credit

Accounts payable                                                                   $8,500

Accounts receivable                                    $40,800

Accumulated depreciation (furniture)                                    $47,300

Advertising expense                                    $29,200

Cash                                                              $3,200

Common stock                                                                        $100,000

Cost of goods sold                                       $184,300

Depreciation expense (furniture)                $10,400

Furniture                                                       $128,000

Income tax expense                                    $3,800

Income tax payable                                                                 $3,600

Interest expense                                          $6,650            

Interest payable                                                                       $1,800

Inventory                                                       $60,500

Notes payable                                                                         $50,000

Prepaid rent                                                  $15,250

Retained earnings                                                                   $15,900

Sales revenue                                                                          $264,700

Utilities expense                                           $9,700

Totals                                                            $491,800         $491,800

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