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2 years ago

Place the steps in order to perform a quick sort.

Business

1 answer:

Margaret [11]2 years ago

7 0

What’s the quesitos asking? Like I know it’s a quick sort but like about what?

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At the year-end, Encore Company has a product for inventory that was purchased at a cost of $23. The product's expected selling

allsm [11]

Answer:

$21

Explanation:

As we know that

The inventory should be recorded in the books of accounts by applying the lower value of cost or net realizable value

In the given case

The cost is $23

And, the net realizable value is

= Expected selling price - selling cost

= $36 - $15

= $21

So by comparing the cost and net realizable value, the net realizable value contains the lower value i.e $21 and the same is recorded on the balance sheet for inventory

6 0

2 years ago

An organization that consists of many layers of management is referred to as a(n) ____________ organization.

Jlenok [28]

I believe the answer is either tall or bureaucratic organization.

7 0

3 years ago

Which of the following items is an example of revenue?

dedylja [7]

Answer:

b. Cash received from customers at the time services were provided.

Explanation:

When a business recieves payment for goods or services rendered it has earned revenue.

Revenue is defined as the income that a business generates from normal business activities such as sales of goods and services.

It is also called sales turnover.

7 0

3 years ago

To get detailed values of project schedule and cost performance, look at _____ and _____.

Olegator [25]

We need to look at the schedule variances and cost variances to get a detailed values of the project schedule and cost performance.

Basically, a project schedule helps to show what to be done, what to utilize and when the project is due.

The cost performance does show the financial effectiveness and efficiency of the project.

In conclusion, we definitely need to look at the schedule variances and cost variances to get a detailed values of the project schedule and cost performance.

Read more about schedule variances

brainly.com/question/3521424

8 0

2 years ago

Valley Technology Balance Sheet As of March 11, 2020 (amounts in thousands) Cash 9,700 Accounts Payable 1,500 Accounts Receivabl

ollegr [7]

Answer:

total liabilities = accounts payable $11,500 + unearned revenue $7,500 + debt $65,900 + other liabilities $800 = $85,700

Explanation:

Cash 9,700 Accounts Payable 1,500 Accounts Receivable 4,500 Debt 2,900 Inventory 3,800 Other Liabilities 800 Property Plant & Equipment 16,400 Total Liabilities 5,200 Other Assets 1,700 Paid-In Capital 7,300 Retained Earnings 23,600 Total Equity 30,900 Total Assets 36,100 Total Liabilities & Equity 36,100

1. Buy $15,000 worth of manufacturing supplies on credit

Supplies Accounts payable

debit credit debit credit

15,000 1,500

15,000

16,500

2. Issue $85,000 in stock

Cash Paid-In Capital

debit credit debit credit

9,700 7,300

85,000 85,000

94,700 92,300

3. Borrow $63,000 from a bank

Cash Debt

debit credit debit credit

94,700 2,900

63,000 63,000

157,700 65,900

4. Pay $5,000 owed to a supplier

Cash Accounts payable

debit credit debit credit

157,700 16,500

5,000 5,000

152,700 11,500

5. Receive payment of $12,000 owed by a customer

Cash Accounts receivable

debit credit debit credit

152,700 4,500

12,000 12,000

164,700 7,500

Due to some strange reason, accounts receivable has a debit balance (= $4,500 - $12,000). Since that is not possible, the remaining part $7,500 must be included under unearned revenue:

Accounts receivable Unearned revenue

debit credit debit credit

7,500 0

7,500 7,500

0 0 7,500

7 0

3 years ago