Answer:
C. $77,000
Explanation:
Calculation for the amount of liabilities
Using this formula
Amount of liabilities=(Cash+Account receivable +Equipment) -Equity
Let plug in the formula
Amount of liabilities=($39,000+$45,000+$80,000)-$87,000
Amount of liabilities=$164,000-$87,000
Amount of liabilities=$77,000
Therefore the Amount of liabilities will be $77,000
To determine the company's liabilities, you apply the fundamental accounting equation (Assets = Liabilities + Equity). In this case, the total liabilities amount to $77,000.
The amount of liabilities a company has can be determined by a key equation in financial accounting: Assets = Liabilities + Equity. This company's total assets are calculated as follows: cash ($39,000) + accounts receivable ($45,000) + equipment ($80,000) = $164,000. Knowing this and considering that Equity is $87,000, we can rearrange the equation to solve for Liabilities: Liabilities = Assets - Equity, which results in: Liabilities = $164,000 - $87,000 = $77,000. So the answer is C. $77,000.
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B. A debit to delivery expense
C. A credit togross profit
D. A credit to inventory
Answer:
C. A credit togross profit
Explanation:
An entry to Gross Profit does not exist because the gross profit it's the result of the total sales minus the Cost of Goods, so the Gross Profit it's a result and not a journal entry.
The other entries are used as follows:
A. A debit to cost of goods sold
D. A credit to inventory
B. A debit to delivery expense
A credit to Cash
Answer: D inflation adjusted, real
Explanation:
The GDP calculation acquired in the flow chart of $5,000 billion were all done after adjusting for inflation which means that they were in real dollars.
Inflation adjusted GDP enables more effective comparison between different periods as inflation tends to inflate the prices of goods and services and can make one think that the economy has grown more than it actually has.
When the value of GDP is inflation adjusted, it can then be seen just how much the economy improved or shrank.
Answer:
Go Green and Save Greenbacks!
Explanation:
For a headline to grab a prospective customer's attention it should be catchy, carry it's meaning in a short easily remembered statement.
Among the options given Go Green and Save Greenbacks! is the best option.
Go Green means reducing impact on the environment. It refers to sustainable business practice.
Save Greenbacks means to save money.
Ao this statement conveys the message in a short and concise manner.
The subject line that will likely result in grabbing readers' attention is Go Green and Save Greenbacks!. Thus, the correct answer is option (c).
The opening that will best capture the reader's attention and interest is Kudos to all you green-minded staff members for making Healthy Foods a pioneer in sustainable business practices. Thus, the correct answer is option (c).
Make an unexpected comment, indicate reader benefits, offer praise or compliments, or pose an intriguing inquiry to draw the reader's interest in your persuasive request. Claim messages should make the recipient feel responsible and proud of the company's reputation.
The Go Green project attempts to alter behaviors, increase environmental awareness, and motivate people to safeguard the environment, natural resources, natural preserves, and marine life in order to ensure sustainability. Young people are especially encouraged to do this.
Therefore, option C is the correct answer option for both the questions.
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Answer:
The correct answer is 56,500 units.
Explanation:
According to the scenario, the computation of the given data are as follows:
Sales for September = 57,000 units
As Beginning and ending inventory should be 50% of following month sales
So, Beginning inventory = 57,000 × 50% = 28,500
And Ending inventory = 56,000 × 50% = 28,000
So, we can calculate the units to be produce in September by using following formula:
Units produce in September = Sales for September + Ending inventory - Beginning inventory
By putting the value, we get
= 57,000 + 28,000 - 28,500
= 56,500 units
Answer:
price of the payoff is -$19.01
Explanation:
The computation of the price of payoff is shown below:
But before that we have to do the following calculations
Equation of payoff is
= -$200 + 3 × current price
Now
price of payoff is
= -$200 ÷ (1.02)^(3 ÷ 12) + 3 × $60
= -$199.01 + $180
And, finally
The price of the payoff is -$19.01
The same is to be considered
Answer:
You can import QuickBooks Online Trial Balance data into ProConnect Tax Online to prepare tax returns via the client dashboard
You can start a new tax return from the client dashboard for non QuickBooks Online clients or clients that are using QuickBooks Online
Explanation:
While using the client details and the dash borad screens of an online accountant who are working with the client files should do the importing of the data related to the trial balance into the proconnect tax so that the tax returns could be prepared
Also the new tax return could be started from the client dashboard via using the quick books online
hence, these two statements are correct