Answer:
This question is incomplete. Since it is missing most of the information, I looked for a similar question and found this:
2018:
Issued $10,000 of common stock for cash. Provided $78,000 of services on account. Provided $36,000 of services and received cash. Collected $69,000 cash from accounts receivable. Paid $38,000 of salaries expense for the year. Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible. Closed the revenue account. Closed the expense account.
2019:
Wrote off an uncollectible account for $650. Provided $88,000 of services on account. Provided $32,000 of services and collected cash. Collected $81,000 cash from accounts receivable. Paid $65,000 of salaries expense for the year. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.journal entries 2018Issued $10,000 of common stock for cash.
Dr cash 10,000
Cr common stock 10,000
Provided $78,000 of services on account.
Dr accounts receivable 78,000
Cr service revenue 78,000
Provided $36,000 of services and received cash.
Dr cash 36,000
Cr service revenue 36,000
Collected $69,000 cash from accounts receivable.
Dr cash 69,000
Cr accounts receivable 69,000
Paid $38,000 of salaries expense for the year.
Dr wages expense 38,000
Cr cash 38,000
Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.
Dr bad debt expense 450
Cr accounts receivable 450
Closed the revenue account. Closed the expense account.
Dr service revenue 114,000
Cr income summary 114,000
Dr income summary 38,450
Cr wages expense 38,000
Cr bad debt expense 450
Dr income summary 75,550
Cr retained earnings 75,550
income statement 2018
Service revenue $114,000
Expenses:
Wages $38,000 Bad debt $450 ($38,450)Net income $75,550
balance sheet 2018
Assets:
Cash $77,000
Accounts receivable $8,550
total assets $85,550
Equity:
Common stock $10,000
Retained earnings $75,550
total equity $85,550
statement of cash flows 2018
Cash flows form operating activities:
Net income $75,550
adjustments:
Increase in accounts receivable ($8,550)
net cash from operating activities $67,000
Cash flow from financing activities:
Common stocks issued $10,000
Net cash increase $77,000
beginning cash balance $0
Ending cash balance $87,000
journal entries 2019
Wrote off an uncollectible account for $650.
Dr bad debt expense 650
Cr accounts receivable 650
Provided $88,000 of services on account.
Dr accounts receivable 88,000
Cr service revenue 88,000
Provided $32,000 of services and collected cash.
Dr cash 32,000
Cr service revenue 32,000
Collected $81,000 cash from accounts receivable.
Dr cash 81,000
Cr accounts receivable 81,000
Paid $65,000 of salaries expense for the year.
Dr wages expense 65,000
Cr cash 65,000
Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.
Dr bad debt expense 745
Cr accounts receivable 745
income statement 2019
Service revenue $120,000
Expenses:
Wages $65,000 Bad debt $1,395 ($38,450)Net income $53,605
balance sheet 2019
Assets:
Cash $125,000
Accounts receivable $14,155
total assets $139,155
Equity:
Common stock $10,000
Retained earnings $129,155
total equity $139,155
statement of cash flows 2019
Cash flows form operating activities:
Net income $53,605
adjustments:
Increase in accounts receivable ($5,605)
net cash from operating activities $48,000
Net cash increase $48,000
beginning cash balance $77,000
Ending cash balance $125,000
net realizable value accounts receivable
net realizable value of accounts receivable 2018 = $8,550
net realizable value of accounts receivable 2019 = $14,155
An increase in the value of an investment is called...
A inflation
B. net asset value (NAV)
C appreciation
D. yield
E market mover
Answer:
C appreciation
Explanation:
Appreciation is the term that describes the increase in value by an asset over time. Several factors may cause an increase in value. They include
In demand for the assetsCustomers perceptionsReduced supply for the assetIncrease in inflation or interest ratesplease help (:
20 pts !!
I assume this is referring to the font point (pt) or the font size, for example, 11pt as you have on that image.
If this is referring to the name of the specific part of a word processing program to change font size please let me know and I will do some searching to find your answer.
Production is not complete Until goods
reaches the final Consumer Explain
Answer:
B. goods reached the final consumer
Multiple-choices
A. goods gets to the wholesaler
B. goods reached the final consumer
C. factors of production are combined
D. goods are ready for transportation
E. wholesalers ask the firms to produce
Explanation:
Like all other businesses, a firm that produces goods for sale is driven by profit motives. The producer's main objective is to make goods that satisfy the customer's need and make profits. For this objective to be met, the producer must find a way of getting the goods to the consumer.
A marketing distribution channel or the distribution channel is the avenue producers use to deliver their products to final consumers. The channel has businesses ranging from distributors, wholesalers to retailers. The retailer is the final trader who sells directly to consumers. It is the consumer that pays the price for the goods, thereby earning the producer their profits.
Which of these headlines represents institutional advertising?
A. "We have new prom dresses on sale."
B. "We have the best cookies in town."
C. "Purchase our new software today."
D. "We are the best at accounting."
Answer:
D
Explanation:
they are promoting their value to the industry and not trying to inform about a specific product. the intent of institutional marketing is to build trust in the brand.
The headline that represents institutional advertising is "We are the best at accounting. Thus the correct option is D.
What is advertising?
Advertising is referred to as a tool of promotion used to create awareness about the product or services among the customers which persuade them to make a purcahse and increase the sale of teh company.
In institutional advertising, there is no advertisement to sell products instead they focus on selling their services through their values and ethics. They highlight their values to customers so that customers can give their attention which improves their reputation.
"We are the best at accounting" describes promoting the brand's value among customers which best appropriate example for institutional advertising where they reflect a positive image of the brand.
Therefore, option D is appropriate.
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HURRY PLEASE I WILL MARK BRAINLIEST (answer one by one please)
Lindsay needs to purchase a car. The car she wants to buy costs $8,000. She has saved $2,000 for her down payment. She is offered credit terms of 3% APR for a term of 3 years. Please calculate the following:
Blank 1: To purchase the car, what is the amount that Lindsay will need finance? (1 point)
Blank 2: In one year, how much interest will Lindsay pay on this loan? (1 point)
Blank 3: After three years, what will the actual/total cost of the car be in dollars? (3 points)
(down payment+amount financed+interest=actual cost of car)
Answer:
c
Explanation:
blank 1 400
blank 2 4800
blank three 8000
Explanation:
teheeheeee
Choose an advertisement that you found to be especially memorable. Describe the
advertisement and explain how effective it is. Discuss the techniques you would have
used to make it more effective.
Answer:
use the droritos commuecials those were good
Explanation:
Need help fast please!!
8. Jill Jantzen's gross weekly pay is $298.00. Her earnings to date for the year total $14,900.00. What amount is
deducted from her pay each week for Social Security, which is taxed at 6.2%?
$30.88
$14.52
$18.48
$21.33
Have a good thanks giving everyone.
-Please can we all give thanks and love for Lil Peep, XXX Tentacion, Juice Wrld. Thanksssss. Goodays <3
Enjoy the points. :) <3
Answer:
R.I.p to the g.o.a.t’s
Explanation:
What are the five foundations? Include purpose/ importance of each step
Answer:
cream promina lotus Vaseline Himalayan neem jgdaadhkjjhfddfhiklbddbbccsssdfgyuterrtttgfddsssddfffgggh
Activity 4
எப்பMdwood
Erik wants to calculate the break-even point for the number of jobs needed for the new
transport service. He has given you the following figures for the first month of operation.
Fixed costs
£60.00
Variable costs for each job £3.50
Selling price for each job £18.50
The formula used to calculate the break-even point for each job is
Break-even point =
Fixed costs
(Selling price - variable cost)
(a) Using the figures given, calculate the break-even point.
(2)
Show your workings.
Answer:
=4 jobs
Explanation:
As per contribution margin theory,
the formula for calculating the break-even point is as below
Break-even point = fixed cost/ contribution margin per unit
for this transport service
Fixed costs £60
contribution margin per unit = selling price - variable expenses
= £18.50 - £3.50
=£15
Break-even points =£60/£15
=4 jobs
Which statement best describes the introduction of an argumentative essay?
The introduction acquaints readers with the topic and sets up the ideas that will be presented.
The introduction establishes the focus of the essay and tells readers what the writer’s position will be.
The introduction ties the essay together and tells readers what they have learned and should take away.
The introduction fleshes out the argument and includes counterclaims and evidence from research.
The statement that most appropriately narrates an argumentative essay's introduction would be:
A). The introduction acquaints readers with the topic and sets up the ideas that will be presented.
The key characteristics of the introduction of an argumentative essay include:
1). Grab the interest and attention of the readers.
2). Offer contextual or background details of the topic.
3). Informing the reader about the topic, and the key claims and ideas(thesis statement) that are going to be presented throughout the essay.
Thus, the introduction of an 'argumentative essay' provides a basic idea about the topic and content of the essay and prepares their mindset accordingly.
Hence, option A is the correct answer.
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Answer:
A. The introduction acquaints readers with the topic and sets up the ideas that will be presented.
Explanation:
took the test ;)
Fiber optics have been "too good for their own good," fueling an over-reliance on (wireless) cloud computing that now requires integrated photonics to relieve the increasing demands society makes of the technology. Can you think of another example where such a back-and-forth between a technology's capability and society's response has guided its evolution?
Answer:
Cell phones
Explanation:
If we go back a few years in time, a little over 30 years actually, cell phones were not smart and you could only talk with them. Actually, they were so big and heavy, that you could use them as hammers also. Motorola's first cell phone was as big as a shoe box and weighted around 2.5 pounds. Back then cell phones were expensive and very few people used them.
Fast forward a few years and smaller cell phones appear and 2G technology arrives. You could use a cell phone to call or message someone else. As cell phones got cheaper, more and more people started to use them and companies like AT&T started to collapse and you couldn't get a decent signal anywhere.
But cell phones would continue to improve and 3G was developed in order to satisfy the growing number of consumers. AT&Ts signal was still terrible. Blackberry came and phones started to get smarter. But as cell phones got smarter, more people wanted them. Then came Steve Jobs with the iPhone and demand grew so much that all the companies' systems collapsed (now all were as bad as AT&T).
That led to the introduction of 4G technology, but even before 4G technology is available everywhere, 5G technology has been developed. Finally, 5G technology is available in all the US (this year AT&T managed to do so, although Verizon did it earlier). But in other countries, 5G technology is already becoming obsolete and 6G is soon to be the standard.
Our everyday use of smart devices has forced technological advances to speed up. It took about 15 years for 2G to arrive, and then it took about 10 for 3G to be available. But in less than 15 years other countries have gone from 3G to 6G (China has already launched its 6G satellites which will start providing that technology).
Do you think it is easy or difficult for
different types of personalities to work
together?
PLEASE HELP ME
Answer:
This question does not have a single possible answer, as it depends on whether the different personalities are antagonistic or complementary to define whether it is easy or difficult for people with these personalities to work together.
Thus, for example, if one person is irascible and the other is calm and understanding, most likely both personalities complement each other without problems and can work together. On the other hand, if a person with a haughty and arrogant personality is added to the irascible personality, it is most likely that both will give each other negative feedback, making it almost impossible to work together.
Transaction taxes and Excise taxes are two types of _______ taxes
Transaction taxes and Excise taxes are two types of consumption taxes
Transaction taxes and Excise taxes are two types of consumption taxes.
What is the meaning of Taxes?Taxes are compulsory payments made by a government organization, usually local, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Medicare and Social Security benefits as well as public infrastructure and services like roads and schools.
Taxes play a crucial role in helping governments finance a range of projects, including infrastructure, wars, and public works. Taxpayer funds are still utilized for several related reasons today.
When a governing body imposes levies on individuals and commercial entities, taxation occurs. Tax-based fees must be paid and are not always related to the provision of services. The money raised is utilized to pay for government expenses.
Each year, the tax filing deadline is normally April 15; however, if that day comes on the weekend or a holiday, it may be postponed. Penalties and interest may apply if the tax deadline is missed. Form 4868 must be submitted by April 18, 2023, to request an extension.
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Help i’m behind and i need to finish this assignment !
Answer:
Long term goals
Preferred stockholders receive their
dividends_ ______common stockholders and are_____ in
corporate decisions.
A- after; voters
B- before; voters
C- after; non-voters
D- before; non-voters
Answer:
D- before; non-voters
Explanation:
Preferred stocks represent a type of ownership in a corporation or limited liability company. Preferred stockholders are given preference over the assets of the business. If the business makes profits, preferred shareholders will be paid first. In case of a dissolution, preferred shareholders will be given priority over ordinary shareholders in the distribution company's assets. On the flip side, preferred shareholders have no voting rights on matter pertaining to the business.
How can Opportunity Costs affect your business environment?
Answer: Weighing opportunity costs allows the business to make the best possible decision. If, for instance, the company determines an alternative choice's opportunity cost is greater than what the company gains from its initial decision, the company can change its mind and pursue the alternative choice
I hope this was the answer you were looking for :3
Answer:
Considering the opportunity costs allow the business to make the best possible decision.
Explanation:
If, for example, the company determines an alternative choice's opportunity cost is greater than what the company gains from its initial decision, the company can change its mind and the alternative option.
The demand in the market for smartphones has increased causing prices to write what effect will this likely have in The demand in the market for smartphones has increased causing prices to right what effect will this likely have in the supply of smart phones
Answer:
The supply point will increase by moving along the existing supply curve
Explanation:
The weather forecast calls for sunny skies tomorrow. What weather condition is associated with GOOD weather
Answer: Fair: A weather term implying no precipitation and no extreme conditions of clouds, visibility or wind.
Explanation:
WHAT DO YOU MEAN BY MARKET DEVELOPMENT ? EXPLAIN.
Answer:
market development is a strategic step taken by a company to develop the existing market rather than looking for new market .The company looks for a new buyers to pitch the product to a different segment of consumers in an effort to increase sales.
major factors influencing economic growth
Answer:
Some major factors:
Natural Resources
Physical Capital or Infrastructure
Population or Labor
Human Capital
Technology
Law
Poor Health & Low Levels of Education
Lack of Necessary Infrastructure
Explanation:
Answer:
Natural Resources
Physical Capital or Infrastructure
Population or Labor
Human Capital
Technology
Law
Poor Health & Low Levels of Education
Lack of Necessary Infrastructure
Explanation:
Florence wants to become a Middle School Teacher. She attends a university for four years and earns a degree with
a major in Education. The four-year degree she has earned is called what?
master's degree
doctoral degree
associate degree
bachelor's degree
Answer:
bachelors
Explanation:
4 year degree
Answer:
bachelor's degree
Explanation:
This is for a discussion question
What will you need in the future?
Answer: food
Explanation:
So you can stay alive
how do i spell chicken strips?
Answer:
chicken strips
Explanation:
yes
PLEASE HELP!
the length of a cover letter should be concise, about __ to __ paragraphs.
A. 4;5
B. 1;2
C. 3;4
D. 2;3
Answer:
C. 3;4
Explanation:
A cover letter is sent together with the resume to a potential employer. It details the job an applicant is applying for and their qualification for the position. The cover letter allows the applicant to elaborate on their skills and experiences in relation to the position sought after.
The cover letter is a perfect way to create an excellent first impression on the employer. It should be about three to four paragraphs long.
If a person sells an asset for less than he or she paid for it the result is a
Answer: Capital loss
Explanation:
A capital loss is refered to as the loss that is incurred by an economic entity such as an individual, a firm or a government when a capital asset decreases in value and is then sold at a price that's lower than the price that it was purchased.
For example, if an individual buys shares for $100 and then sold the shares for $90. This is a capital loss as the selling price is lower than the cost price.
When building a team, which profession is most similar to that of the team leader
A. builder
B. teacher
C. physician
D. coach
Answer:D
Explanation:
When building a team, a profession is most similar to that of the team leader is a coach. Thus, the correct answer is option D.
What is leadership?The ability of an individual or a group of people to influence and direct followers or members of an organization, society, or team is referred to as leadership. Leadership is frequently associated with a person's title, seniority, or position in a hierarchy.
A leadership position requires us to handle a problem, a team, or an entire organization in an ethical and effective manner. Leaders can influence and direct their teams towards a common goal. Coaching needs to be focused on set of skills in which a person needs improvement. A coach provides guidance to help the team members to reach up to their maximum potential and achieve the goal. It derives its authority from the position on the team.
Therefore, coach would be the appropriate position which is similar to that of a team leader.
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pls do this worksheet for me and i will make you brainliest
In the janitorial service industry do cleaning products have nonprice competition?
Answer:
Yes
Explanation:
Non-price competition involves marketing a company's products and services using other strategies except lowering of price. These other strategies may include free gifts, discount coupons, unique selling points, product enhancement, customer service, packaging, and many others.
The janitorial service industry involves cleaning of internal and exteriors of buildings. There various companies supplying cleaning products such as detergents and disinfectants. The industry has stiff competition based on non-price parameters such as quality, packaging, flavors, and after-sale service.
I really need to feed my dog guys please PLEASE!
anyone has cashapp? even 1 dollar would help.
cashapp- $dripxmarle2 PLEASE GUYS
Answer:
sorry I don't have any money but if your dog is hungry you shouldn't be asking for money on a homework app..