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2 years ago

How many categories should you have in your budget?.

Business

1 answer:

Scrat [10]2 years ago

5 0

Answer:

the 50/30/20 system, which splits your income across three major categories: 50% goes to necessities, 30% to wants and 20% to savings and debt repayment.

Explanation:

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Madison Taylor, RHIA, will be attending an AHIMA conference on information governance Friday from 7:00 PM to 9:00 PM and Saturda

omeli [17]

Answer:

28%

Explanation:

She is an RHIA, which requires 30 hours of continuing education every two-year cycle.

Hence, 8.5/30 = 28.3 =28%( to the nearest whole number).

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3 years ago

Biloxi Gifts uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal, and a general jou

SpyIntel [72]

<u>Solution and Explanation:</u>

<u>The following journal entries are passed in the books of accounts.</u>

Purchase of merchandise on credit - no entry is to be passed

Contribution of automobile to the company:

Date Details debit credit

12- nov Automobiles 17000

TB Capital 17000

( To record contribution of automobile to the company)

Sale of merchandise on credit:

Not recorded in gernal journal

Return of merchandise sold:

Date Details debit credit

19- Nov Sales return and allowances 175

accounts receivable - KM 175

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3 years ago

Helpppp ASAPPP

crimeas [40]

List three services provided by a travel agent that benefit a business person who travels overseas frequently?
Familiarity with preferences for departure and return, seating is desirable and reliable

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3 years ago

Corporate Triple-A bond interest rates for 12 consecutive months are as follows: DATAfile TripleABond Using the Excel Forecastin

vlada-n [284]

Answer:

a.Plot 1

b. Please see attachment

c. forecast = 9.5

Explanation:

Please see attachment

3 0

3 years ago

LO 2.1Explain how the income statement of a manufacturing company differs from the income statement of a merchandising company.

marshall27 [118]

Answer:

Revenue: The revenue of Manufacturing company comes from the sale of the products that they manufacture. However the merchandising company purchases goods from manufacturing companies and distribute them to make it easier for the customer to access the product and earn a profit on it which increases the cost of the product to end consumer. The contract between the manufacturing and merchandising company can be an agreement of principal and agent. In this case, the revenue for the merchandising company would be commission earned from manufacturing company. This commission paid to merchandising company will be cost to manufacturing company.

Cost of Sale: Now the raw material costs plus depreciation of production machinery plus direct labour plus variable Overhead cost plus if their is any commission paid for sale of finished goods will be the cost of sale for manufacturing company. Whereas in the case of Merchandising company, the cost of sale will be only the cost of goods they sold in the year. The depreciation charge will be minor in merchandising company as they don't have any production machineries.

These the are major difference between manufacturing and merchandising company.

Explanation:

7 0

3 years ago