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Scrat [10]
2 years ago
6

The White Company’s accounting system consists of a general journal, a cash receipts journal, a cash disbursements journal, a sa

les journal, and a purchases journal. For each of the following, indicate which journal should be used to record the transaction.
(1) Purchased merchandise on account
(2) Collected an account recheivable
(3) Recorded depreciation expenses
Business
1 answer:
yanalaym [24]2 years ago
7 0

Explanation:

The following transactions should be presented on a respective journals i.e

(1) Purchased merchandise on account = Purchase journal

As the purchase of merchandise is took place that is debited the merchandise inventory account and credited the account payable account

(2) Collected an account receivable = Cash journal as the cash is received

(3) Recorded depreciation expenses = General journal as it records the adjusting entries, or errors made in accounting, etc

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Ariana loves new electronic products, but she also wants to make sure she gets a good value for her money. Therefore, she typica
qwelly [4]

Answer:

This question lacks answers. Here they are:

A) ​Early adopter  

B) ​Early majority  

C) ​Innovator  

D) Late majority  

E) ​Laggard

Answer is B) <em>​Early majority  </em>

Explanation:

These are the adoption categories. They measure how inclined a customer is to adopting a new product or technology. Each category describes the main aim and goal of the customer when trying the new product.

Naturally, all categories are on the gradual scale:

Innovators -> Early adopter -> Early majority -> Late Majority - > Laggard

with the <em>innovator</em> being the group that is adopting the product immediately after launch, while the <em>laggard</em> is very change-resistant, rarely making choices regarding the adoption of something new.

The thinnest line is probably the difference between <em>early adopters</em> and the <em>early majority</em>. Early adopters are not as fast as innovators when it comes to product adopting and they are often doing it because of coolness or the "wow" factor of the product. Although the time of adoption for the early majority is the same or a little bit longer than early adopters, the key difference is that the early majority puts functionality over coolness when something is new and ready for adoption.

In this example, Ariana want to receive great functionalities for the given money, so she turns to ratings, reviews and recommendations from early adopters and innovators (Eric). Eventually, when it is determined that the product proves its value, the early majority adopts it.

8 0
2 years ago
You are planning to email to two lists. The first list has 5,000 names. The second list has 3,900 names. There are 700 names tha
dusya [7]

Answer:

8,200

Explanation:

You have to email the list of 5000 names first and then you have also second list for emailing consists of 3900 names. The sum of both the list is equal to 8,900. But there are 700 names which are common on both lists. You have to subtract 700 from 8,900 to identify the number of unique names you have. The answer you will get after subtraction is 8,200.

7 0
2 years ago
If a stadium sells 40,000 seats sold at $20, $22.50, and $25 and $28 equally distributed in four sections, how much can be made
Ksenya-84 [330]
Section A = 22,500 seats
section B = 14,900 seats
section C = 7,600 seats
7 0
2 years ago
The order of presentation of activities on the statement of cash flows is
Rufina [12.5K]

Answer:

Operating activities

Investing activities

Financing activities

Explanation:

In a cash flow statement, the activities of the organization are usually recognized in 3 parts namely; Operating activities, investing activities and financing activities.

The operating activities include elements such as net profit, non cash items, change in current assets and liabilities.

The investing activities include cash flows from the disposal and purchase of assets etc

The financing activities includes cash flows from the disposal and sale of shares etc.

The net cash flows from these activities is the netted off the cash balance at the beginning of the period to get the cash balance at the end of the period.

Hence the order of presentation of activities on the statement of cash flows is

Operating activities

Investing activities

Financing activities

6 0
2 years ago
Annie is self-employed and has $58,000 in income from her business. She also has investments that generated dividends of $3,000
8090 [49]
First, you need to know the self-employment taxes:
The self-employment tax is 92.35%
Social security tax is 12.4% and Medicare tax is 2.9% = (15.3%)

Dividends and interest are not a part of the income.

58000 * 92.35% *15.3% 
Turn the percentages into decimal form in order to multiply. You can do this by moving the decimals over twice or dividing each percentage by 100. 

58000*.9235 * .153 = $8,195.

Annie's self-employment tax for the year is $8,195. 
7 0
2 years ago
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