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iren2701 [21]
1 year ago
13

Using a $ sign before a column label ________.

Business
1 answer:
Licemer1 [7]1 year ago
6 0

Answer:

The alignment of the choices are off but here's the explanation for solving this question below;

Explanation:

Using a $ sign before a column label, keeps the reference to column fixed,

but allows the row reference to change. Generally, putting a dollar sign ($) before a column label or row label  puts an absolute reference to that respective column or row while keeping the other changing. For example;

In $C5, "C"  is the column reference while "5" is the row reference. Because there is $ sign before C, that column  will be fixed and the row will change

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On January 1, 2015 Outback Subaru Limited, a Subaru dealership in Alice Springs, sold 2 cars to the town for $50,000 total. Outb
horsena [70]

Answer:

What would be the impact on January 1, 2015, the date of the sale?

The following journal entries should be made to register the sale:

January 1, 2015: 2 cars are sold

  • Dr Cost of Goods Sold 37,000
  • Cr Merchandise Inventory 37,000

  • Dr Accounts Receivable 50,000
  • Cr Sales Revenue 50,000

On January 30, 2015 Outback Subaru Limited received payment in full from the town for the cars.  What would be the impact of this transaction on this date?

The following journal entry should be made to register the payment:

January 30, 2015: the local government paid the cars

  • Dr Cash 50,000
  • Cr Accounts Receivable 50,000

4 0
1 year ago
Carmen’s Dress Delivery operates a mail-order business that sells clothes designed for frequent travelers. It had sales of $400,
stiv31 [10]

Answer:

The amount of cash Carmen’s Dress Delivery expects to collect from accounts receivable during January is $299,000

Explanation:

The computation of the cash collection is shown below:

= Sales × remaining percentage + opening balance of accounts receivable - ending balance of accounts receivable

= $400,000 × 0.70 + $60,000 - $41,000

= $280,000 + $60,000 - $41,000

= $299,000

The remaining percentage equal to

= Percentage - drop percentage

= 100% - 30%

= 70%

8 0
2 years ago
Holman company owns equipment with an original cost of $95,000 and an estimated salvage value of $5,000 that is being depreciate
brilliants [131]
Depreciation is a way not only to recognize the lost value over time of an asset, but also a way to recognize the expense of the asset over time. To this end, we want to see the value of the asset get smaller, and a piece of the asset on the the income statement ever period. 
The depreciation base is 95,000 -5,000 = 90,000, and the depreciation period is 90,000/15,000 = 6 years.
The journal entry every year will be 
Dec. 31
Debit: Depreciation expense 15,0000
Credit: Accumulated Depreciation       (15,000)
Accumulated depreciation is a *contra-asset* account on the balance sheet that reduces the value of the the depreciable asset. 
7 0
1 year ago
“E-Commerce is a boon to small scale enterprises, `entrepreneurs and customers”. Explain.
Mumz [18]

Answer:

SMEs have realised the importance of E-commerce and using it to gain growth and sustainability.

Explanation:

E-commerce has been a revolutionary step for small scale enterprises and customers towards ease of doing business and e- commerce has helped business to grow and expand. It has helped enterprises to increase their revenue, low operational cost and online presence. Customers can buy goods and services just by a click. They prefer e-commerce because everything is accessible online.

6 0
1 year ago
A census is a regularly-occurring and official count of a particular population. Census data available at the United States Cens
likoan [24]

The census data i.e. available at the United States Census Bureau website represents the example of public information.

The information regarding the United States Census Bureau is as follows:

  • It is the principal agency that should be held responsible for the national census for a minimum of 10 years.
  • Also at the same time, it generates data for the economy.
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Therefore, we can conclude that the census data i.e. available at the United States Census Bureau website represents the example of public information.

Learn more about the census here: brainly.com/question/12833550

7 0
1 year ago
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