Business, 14.04.2020 16:33, edgarnino13
Refer to the following trial balance. Debit Credit Cash $19,000 Accounts Receivable 40,000 Merchandise Inventory 62,000 Supplies 17,000 Land 310,000 Accounts Payable $3,000 Notes Payable 25,000 Common Stock 354,000 Retained Earnings 21,000 Dividends 6,000 Sales Revenue 433,000 Cost of Goods Sold 240,000 Salaries Expense 15,000 Utilities Expense 67,000 Rent Expense 55,000 Interest Expense 5,000 Totals $836,000 $836,000 How much is the gross profit? Select one: A. $45,000 B. $193,000 C. $56,000 D. $51,000
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 03:30, Emptypockets451
Joe said “your speech was really great, i loved it.” his criticism lacks which component of effective feedback? a) he did not recognize his ethical obligations b) he did not focus on behavior c) he did not stress the positive d) he did not offer any specifics
Answers: 2
Business, 22.06.2019 16:00, ella3714
Three pounds of material a are required for each unit produced. the company has a policy of maintaining a stock of material a on hand at the end of each quarter equal to 30% of the next quarter's production needs for material a. a total of 35,000 pounds of material a are on hand to start the year. budgeted purchases of material a for the second quarter would be:
Answers: 1
Business, 22.06.2019 18:50, gucc4836
Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?
Answers: 3
Do you know the correct answer?
Refer to the following trial balance. Debit Credit Cash $19,000 Accounts Receivable 40,000 Mercha...
Questions in other subjects:
History, 14.05.2021 01:00
Mathematics, 14.05.2021 01:00
Mathematics, 14.05.2021 01:00
