Business, 01.02.2021 20:40 madelyncross24
Selected transactions for the Joel Berges Company are presented in journal form below.
Date Account Titles and Explanation Ref. Debit Credit
5-May Accounts Receivable 4,100
     Service Revenue 4,100
       (Billed for services performed)
12 Cash 2,400
    Accounts Receivable 2,400
      (Received cash in payment of account)
15 Cash 3,000
    Service Revenue 3,000
       (Received cash for services performed)
Required:
Post the transactions to T-accounts and determine each account's ending balance.
Answers: 3
Business, 21.06.2019 19:40
Bear, inc. estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units each quarter over the year. they have, and desire, a 25% ending inventory of finished goods. each unit sells for $35. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. the remainder is received in the quarter following sale. cash collections for the third quarter are budgeted at
Answers: 3
Business, 21.06.2019 21:00
Arriving and delivering a load of company executives for a business meeting at a destination far from home base requiring an overnight stay, a company’s pilot requested approval from the company finance office to pay to either have the company’s jet brought into the fbo's hangar overnight to protect it from a forecast snowfall or to have it de-iced by the fbo the following morning well-before scheduled departure. the company was under considerable financial pressure at the time, and the pilot’s requests were denied because of the cost. so, early the following morning, the pilot was up on the wing of the jet sweeping off an accumulation of snow and ice with a borrowed push broom in preparation for the scheduled departure with the executives, but slipped and fell to the ground, suffering a broken neck. the business was organized as a limited partnership, owned by 3 limited partners and one general partner. as a cost-saving measure, the company had dropped its workers’ compensation insurance before the accident. analyze the potential liability for the pilot’s injuries of each of the following, showing your reasoning clearly: the company the general partner the limited partners analyze how the outcome would have been different, if the business had been organized as a corporation and observed all of the formalities to legitimize its corporate status. analyze how the outcome would have been different, if the pilot had been covered by workers’ compensation insurance.
Answers: 3
Business, 22.06.2019 02:00
Southeastern bell stocks a certain switch connector at its central warehouse for supplying field service offices. the yearly demand for these connectors is 15,000 units. southeastern estimates its annual holding cost for this item to be $25 per unit. the cost to place and process an order from the supplier is $75. the company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days.a) find the economic order quantity.b) find the annual holding costs.c) find the annual ordering costs.d) what is the reorder point?
Answers: 2
Business, 22.06.2019 11:00
While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?
Answers: 1
Selected transactions for the Joel Berges Company are presented in journal form below.
Date Account...
Advanced Placement (AP), 28.12.2020 16:10
Computers and Technology, 28.12.2020 16:10
Mathematics, 28.12.2020 16:10
Social Studies, 28.12.2020 16:10
Physics, 28.12.2020 16:10
Mathematics, 28.12.2020 16:10
English, 28.12.2020 16:10
English, 28.12.2020 16:10
English, 28.12.2020 16:10
English, 28.12.2020 16:10