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kogti [31]
2 years ago
15

Your friend chooses the Graduated Repayment Plan. What assumption is he making about his future income?

Business
2 answers:
iragen [17]2 years ago
7 0
Need points bro sorry..
Genrish500 [490]2 years ago
3 0
Xhdhfjdisjsvshedndndnehegevr f f
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Scenario 13-1 Korie wants to start her own business making custom furniture. She can purchase a factory that costs $400,000. Kor
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The answer is C.$3,000
4 0
2 years ago
Managerial accounting differs from financial accounting in several areas. Specify whether each of the following characteristics
ANTONII [103]

Answer:

A is not Managerial accounting the correct answer is  Financial accounting

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2 years ago
Nonuniform Inputs, Equivalent Units Terry Linens Inc. manufactures bed and bath linens. The bath linens department sews terry cl
anyanavicka [17]

Answer:

For Material 80,000

For Conversion 72,000

Explanation:

The computation of equivalent units of production for the bath linens department for August is shown below:-

                                     <u>Materials</u>               <u>Conversion</u>  

Units completed and

transferred out              60,000                   60,000

Units in process,

August 31                      20,000                   12,000

                                                               (20,000 × 60%)

Equivalent units of

production                   80,000                   72,000

Therefore to reach out the equivalent units of production we simply added the units completed and transferred out with Units in process Aug 31 of material and conversion.

4 0
2 years ago
On October 31, 2018, Damon Company’s general ledger shows a checking account balance of $8,397. The company’s cash receipts for
Lesechka [4]

Answer:

1.                                Damon Company

                     Bank Reconciliation Statement

                               October 31, 2018

<u>Bank Balance</u>                        

                                                                        Amount$

Bank cash balance as per statement             11,725

Add: Adjustment

       Deposits outstanding                               3,025

       (74,320 - 71,295)

       Bank error                                                  300

Less: Adjustment

         Check outstanding                                  <u>1,485</u>

         (72,467 - 70,983)

Bank balance as per Reconciliation              <u>$13,567</u>

<u></u>

<u>Company's Cash balance</u>

                                                                                   Amount$

Company's Cash balance as per General Ledger    8,397

Add: Adjustment

         Interest earned                                                    320

         Note collected                                                      5,000

Less: Adjustment

         Bank service fees                                                 <u>150</u>

Company's Cash balance as per Reconciliation         <u>13,567</u>

Hence, correct ending balance of cash as on december 31, 2016 is $13,567

2. Necessary entries to adjust the balance for cash.

Date      Account Title and Explanation               Debit     Credit

31 Oct   Cash                                                            $5,320

                   Notes Receivables                                              $500

                    Interest revenue                                                 $320

              (To record cash increase)

Date   Account Title and Explanation               Debit     Credit

31 Oct  Service charges                                        $150

                  Cash                                                                  $150

            (To record cash decreases)

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2 years ago
What made Sarah Butler decide to do the work she is doing?
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Answer:

Sarah Elizabeth Butler is a well known American actress. She is probably best known for her role as Jennifer Hills in the Popular film series: I Spit on Your Grave. Sarah was very interested in the Arts when she was growing up singing in choirs, entering in singing completions, and performed in high school and community theater. She dropped out of college, and decided to focus on finding a talent agent, and began to audition for work in television and film. She found out that she really enjoyed acting and the rest is history!

3 0
2 years ago
Read 2 more answers
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