Answer:
What is the budgeted cash received from customers?
Explanation:
cash received from customers = total sales revenue + beginning accounts receivable - ending accounts receivable
- total sales revenue = 20,000 x 205 = $4,100,000
- beginning accounts receivable = $40,000
- ending accounts receivable = $20,000
cash received from customers = $4,100,000 + $40,000 - $20,000 = $4,120,000
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.
- Moreover, public information represents an example of this.
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
Answer: $80
Explanation:
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
The opportunity cost of writing a term paper is $80 that she values by going out with a friend and it is the higher cost alternative.
Answer:
Journal Entries
1) Debit Salaries Expense $6,667 Credit Bank $6,667
2) Debit Fuel and Maintenance expense $600, Credit Bank $600
3) Debit Depreciation Expense $amount Credit Accumulated depreciation $amount
4) Debit Insurance Expense $amount Credit Bank $amount
5) Debit Benefit Expense $amount Credit Accrued Benefit Expense $amount
6) Debit Accounts Receivable ( total of all trips) $amount Credit Service Revenue $amount
Explanation:
The Question is incomplete but i will do the typical journal entries to the transactions without figures.
1) The salaries are for one month and in brackets there is a $80,000*1/12 calculation meaning the $80,000 is for the year, now if it was already recorded then we debit salaries payable $6,667 credit bank $6,667
4) Insurance expense is debited if it is paid as it is incurred but if it has an Prepaid insurance account then we credit the Prepaid insurance account instead of Bank.
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
<em>You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.</em>
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Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
