Wilson Company purchased $44,000 of merchandise from the Poole Wholesale Company. Wilson also paid $3,000 for freight costs to have the goods shipped to its location. Which of the following statements regarding the necessary entries for the transactions is true? Wilson the perpetual inventory system. A. Total debits to the inventory account would be $47,000. B. Total debits to the inventory account would be $44,000. C. Transportation-in would be debited for $3,000. D. Total debits to the inventory account would be $41,000.
Answers
The correct answer is Statement D. "Total debits to the inventory account would be $41,000," is true regarding the necessary entries for the transactions made by the Wilson Company.
The given question states that Wilson Company purchased $44,000 of merchandise from the Poole Wholesale Company and paid $3,000 for freight costs to have the goods shipped to its location. This implies that the Wilson Company has used the perpetual inventory system.
Now, the entries for these transactions would be as follows: Purchase of goods:$44,000 is debited to the inventory account. $44,000 is credited to the accounts payable account. Shipment of goods:$3,000 is debited to the transportation-in account. $3,000 is credited to the cash account.
Therefore, the total debits to the inventory account would be $44,000 + $0 = $44,000. Since the inventory account is debited by $44,000 and the transportation-in account is debited by $3,000, the total debits to these accounts would be $44,000 + $3,000 = $47,000.
However, transportation-in is not included in the inventory account, so this option is incorrect. Thus, the statement "Total debits to the inventory account would be $41,000" is true.
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Related Questions
Which tasks would be performed by someone in an Administration and Information Support career?
analyzing information to predict future sales and supervising others
answering telephone calls and filing paperwork
training employees and administering employee benefits
hiring and firing employees and approving budgets
Answers
Answer:
B. Hope this helps my friend!
Explanation:
Answer:
anwer is B
Explanation:
Carina spent a total of $5. 27 buying a pineapple for $3. 40 and some tomatoes that were on sale for $0. 85 per pound. To determine the number of pounds of tomatoes that she bought, x, Carina wrote and solved the equation as shown below. 3. 40 0. 85 x = 5. 27. 0. 85 x = 8. 67. X = 10. 2 pounds. Where, if anywhere, did Carina make an error? Carina did not make any errors. The initial equation that Carina wrote was incorrect. Carina should have subtracted 3. 40 from 5. 27. Carina should have divided 8. 67 by 0. 85.
Answers
The correct choice would be that Carina should have subtracted 3.40 from 5.27 which lead to wrong further calculation. So, the correct option from the quoted statement is B.
The calculation can be done to find the value of x after quoting the correct equation and solving by further using the simplification method.
Simplification of mathematical equation. The computation of the amount of tomatoes can be done after assuming that the initial equation given is right. With the given information, we can simplify further to find that, \(3.40+0.85x = 5.27\\ \\ x= \dfrac{5.27-3.40}{0.85}\\ \\ x= 2.2\)So, it is clear that Carina bought tomatoes worth 2.2USDHence, the correct choice is B, that Carina should have subtracted 3.40 from 5.27 to find the value of tomatoes bought.
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An unconscious patient suffering from strock should be transported in: O a. with feet elevation O b. recovery position O c. Supine position O d. Prone position
Answers
The unconscious patient suffering from a stroke should be transported in the recovery position.
The recovery position is the recommended position for an unconscious patient with a stroke. It involves laying the patient on their side, with their upper leg bent at the hip and knee, and their head tilted slightly back to maintain an open airway. This position helps prevent the tongue from blocking the airway and allows any fluids to drain from the mouth.
Transporting the patient in the recovery position ensures their safety and minimizes the risk of further complications. It allows for proper airway management and reduces the chances of aspiration. Additionally, it provides easy access for monitoring the patient's vital signs during transportation.
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What is your starting salary?
A. How much you are paid during your first year of working.
B. The average amount people are paid for working that job.
C. How much you pay in taxes during your first year.
D. The average amount people are paid in your local area only.
Answers
After taxes, the amount you make your first year is your starting salary
George wants to be a registered nurse, so the best course of training is:
OA. a four-year college degree.
OB. on the job training.
OC. a trade school certificate.
OD. a graduate school after college.
Answers
If George wants to be a registered nurse, the best course of training is: A. a four-year college degree.
Who is a registered nurse?A registered nurse can be defined as someone who is qualified to practice nursing and have been giving the license to practice nurse.
Hence, Option A is correct because to be a registered nurse the person must meet the necessary requirements and one of the requirement that must be meet is to have a bachelor's degree in nursing or a four-year college degree in nursing from an accredited university or college.
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Answer:
A
Explanation:
i just got it's right
I need help ASAP!!!!
Answers
Answer:Feet
Explanation:
with what?
What is the highest deductible for car insurance?
Answers
Deductible options typically range from $250 to $2,000, with $500 representing the most common deductible option. A lower deductible, like $250 or $500, will mean higher auto insurance rates.
Deductibles apply to some types of auto insurance coverage, but not others. Collision, uninsured motorist total property damage, and personal injury protection generally have a deductible attached to them. You will pay a deductible each time you file a claim under this type of coverage. In general, auto insurance deductibles range from $100 to $2,500, but the most common amount is $500. Car insurance deductibles are the amount you must pay out-of-pocket for an accident before your insurance company begins to pay for damages.
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No matter which markets they serve, all private enterprises have one goal—to maximize what?
A. indicators
B. price
C. profits
D. labor
Answers
Answer:
C.
Explanation:
C is your answer, hope I helped
What is one drawback of declaring bankruptcy?
A. It can be used only if a person has good credit.
B. It severely lowers a person's credit rating.
C. It often results in a civil lawsuit.
D. It prevents a person from getting further education.
Answers
Answer:
B. It severely lowers a persons credit rating.
Explanation:
Immediately a person files for bankruptcy, their credit history changes to bankrupt status instantly. The bankruptcy status may stay up to 10 years. It becomes very challenging for such individuals to get credit facilities. Any lender seeking to get their credit history to advance them a loan will get a bankrupt status as the feedback.
Bankruptcy means that the person does not have sufficient assets to cover their debt obligations. All their credit cards get canceled. The bankruptcy status creates a long term negative effect on credit history.
One drawback of declaring bankruptcy it severely lowers a person's credit rating. Thus, option B is appropriate.
Bankruptcy gives those who are unwilling to pay their obligations the chance to start over by selling assets to pay off debts or by developing a repayment plan. Bankruptcy laws also provide protection for financially troubled businesses. In this part, the laws and the bankruptcy procedure are described.
Through the legal process of bankruptcy, individuals or other entities that are unable to pay their creditors back can seek partial or complete relief from their debts. Typically, bankruptcy is imposed by an administrative order that the debtor regularly requests.
Thus, option B is correct.
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PLEASE ANSWER QUICKLY
What does the FLSA prescribe?
A.
regular audits of a company’s financial accounts
B.
employment of people with disabilities
C.
standards for the basic minimum wage and overtime pay
D.
granting paid leaves to individuals to practice religious beliefs
Answers
Answer:
C.
standards for the basic minimum wage and overtime pay
Explanation:
Hope this helps you
Pls mark me the brainliest
Answer:
C.
standards for the basic minimum wage and overtime pay
Explanation:
Correct on Edmentum
The marginal principle helps individuals decide: whether to live on the margins of society. whether to do a bit more of an activity or a bit less of it. whether to attend a university or not. how large a down payment to make when buying a new house.
Answers
The marginal principle helps individuals decide whether to do a bit more of an activity or a bit less of it. The marginal principle is a rule that holds.
An action should be taken or a decision should be made if and only if the additional benefits of taking that action or making that decision exceed the extra costs of doing so. The principle is used to make choices by comparing the incremental benefits to the incremental costs.
A marginal benefit is the extra benefit produced by the last unit of an activity, while a marginal cost is the extra cost incurred by the last unit of an activity. When the marginal benefit exceeds the marginal cost, an individual may choose to take the additional action or make the decision.
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In MS Word, which items are you able to format?
(What types of things do/can we format?)
A: Text
B: Table
C: Menu
D: Both A & B
Answers
Answer:
Explanation:
both A & B
need asap plz!!! Questlon 5 of 10 Which statement best describes the idea of the law of supply? A . The supply of a product decreases as its price increases B. The demand for a product decreases as its supply decreases. C. The demand for a product increases as its price increases. D. The supply of a product increases as its price increases SUBMIT
Answers
Answer:
D. The supply of a product increases as its price increases
Explanation:
Supply is the volume of a product or a service that sellers are willing to sell in the market at a stated price. The law of supply explains the relationship between price and the quantity suppliers are willing to sell.
The law asserts that as the price increases, suppliers will supply more quantities of a product. A price decrease will cause suppliers to supply a lower quantity. Suppliers are profits motivated. A price increase results in higher profits hence more supply.
here is 20 points cause you earned it king/queen
Answers
________ benefits are advantages your audience directly receives from complying with your request.
Answers
In a persuasive situation, benefits are the advantages that your audience will directly receive from complying with your request. These benefits often act as incentives, motivating the audience to take the desired action.
What are example of benefits?Some examples of benefits may include improved health, increased efficiency, cost savings, or enhanced well-being. In your communication, it is essential to clearly present these benefits in a concise and compelling manner.
This helps your audience understand the value of your proposal, making it more likely for them to comply with your request.
Demonstrating a strong connection between the desired action and the benefits offered can be the key to achieving your goal.
Remember to always focus on your audience's needs and preferences while crafting your message, as it will make your argument more effective and persuasive.
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What do all trades have in common
Answers
Answer:
profit
Explanation:
profit can be a answer
what are the similarites and differences between the business ventures of the wander girls and roxanne quimby
Answers
People are known to engage in business every day. The answers to the question is below;
The similarities between the business ventures of the Wander Girls and Roxanne QuimbyTheir businesses are both founded by women.They both encourages women in business ventures and other areas.They both encourages women to take care of themselves and not neglect themselves.They are advocate for self love for women.The differences between the business ventures of the Wander Girls and Roxanne Quimby.Wander Girls are into travels specifically for women while Roxanne Quimby is into personal-care brand.Wander Girls is into service delivery while the other is into product delivery.Roxanne Quimby is famous as she sell Burts Bees, a natural personal care brand. Elisha Brock, is known to be the founder of Wander Girls. It is an online community that aids and encouraging women to take themselves out by travel with the right resources and person.
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someone help i really need it !!!!
Answers
Answer:
Shoot, sorry, ik this was 3 days ago so my answer probably wont matter but you did give me point by letting me answer... Thanks!
Explanation:
:D
a yield calculation that takes into account the relationship among a bond's maturity value, the time to maturity, the current price, and the dollar amount of interest is called blank . quizlet
Answers
The yield calculation that takes into account the relationship among a bond's maturity value, the time to maturity, the current price, and the dollar amount of interest is called the yield to maturity (YTM). YTM represents the total return an investor can expect to receive if the bond is held until it matures. It is expressed as an annual percentage rate.
To calculate the yield to maturity YTM, one needs to consider the bond's current market price, coupon rate, and time to maturity. The formula for YTM involves solving for the discount rate that equates the present value of the bond's cash flows (coupon payments and the maturity value) with the current market price.
YTM is a useful measure for investors as it provides an estimate of the bond's potential return and allows for comparison between different bonds. It helps investors make informed decisions regarding the attractiveness of an investment. In summary, the yield calculation that considers the bond's maturity value, time to maturity, current price, and dollar amount of interest is known as the yield to maturity (YTM).
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the icy planetesimals that remain in the solar system today are called
Answers
The ice planetesimals that are still present in our solar system is known as Asteroids. The last of the planetesimals that contributed to the formation of Earth and Jupiter are asteroids.
Comets are frozen planetesimals that originated in the solar system's outermost regions and gathered in the Kuiper belt and the Oort cloud, respectively. Compared to planets and moons, comets are quite tiny. The largest comets that travel through the inner solar system are about 20 km across, or about the size of a city.
This is left of so-called planetesimals, which are solid objects massive enough to be bound by their own gravity and originated around 4.5 billion years ago when the Sun was still surrounded by a disk of gas and dust, are asteroids and comets.
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Nothing can stay the same
It's growing pains
Be proud of all your scars they make you who you are
I know you have to go but I'll never really leave you
Even though things changed, nothing has to change
You can find me in the space between where to worlds come to meet
I'll never be out of reach, cuz your a part of me so you can find me in the space between
You'll never be alone no matter where you go...
Answers
Answer:
:-) -,-
Explanation:
thanks thanks appreciate it
Answer:
we'll do it here
Explanation:
a qualified retirement plan that provides most individuals with a deferred federal income tax benefit.
Answers
A qualified retirement plan that provides most individuals with a deferred federal income tax benefit is typically an employer-sponsored retirement plan, such as a 401(k), 403(b), or 457 plan.
These plans allow employees to make contributions to their retirement accounts on a pre-tax basis, which means that the contributions are deducted from their gross income before taxes are calculated. This reduces the amount of taxable income and therefore lowers the amount of federal income tax owed in the current tax year.
The contributions and any investment earnings in the retirement account grow tax-deferred, meaning that taxes are not owed on them until they are withdrawn from the account in retirement. This provides individuals with a significant long-term tax benefit, as the money in the account has the potential to grow and compound over time without being subject to annual taxation.
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A project management firm that promises to do everything for a major project and hand over a fully functional, ready-to-use deliverable is performing under a(n):____.
A) Umbrella contract.
B) All-inclusive contract.
C) Cost-plus contract.
D) Turnkey contract.
Answers
The turn key management is the project firm that promises to do everything for a major project.
What is the turnkey contract.This is the type of project management that would have a company taking the full responsibility of carrying out the project.
In such a project, the company has to make sure that the client is able to use the facility without doing further work to it.
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Part I
The Scenario:
When the day begins, Mary has $70 in her checking account, and she has overdraft protection
Before work she buys her cousin a round trip bus fare for $10 using her debit card
She then uses the card to get gas in her car for $60
Then she buys groceries with a check of $70.
Then she uses her debit card to buy a $2 coffee
Then she goes to buy a donut for $1 using her card
Finally, she finishes out the day with some shopping to buy new makeup for $30 using her debit card at the store
Compare ABC bank and XYZ bank when
ABC charges $37 overdraft transactions up to 3 a day, no reorder of transactions
XYZ charges $33 overdraft transactions up to 6 a day and reordering transactions from higher to low
Find Balance at the end of the day with each bank
Mary’s balance with ABC bank is ______________
Mary’s balance with XYZ bank is ______-__________
Which bank do you recommend for Mary?________________
Which bank would you choose and why?__________________
Need answers ASAP please it would be greatly appriciated
Answers
Answer:
do u still need
Explanation:
College degree programs are divided into these two levels:
secondary
undergraduate
postsecondary
graduate
Answers are undergraduate and graduate, got 100% in edge.
Answers
These two levels split college degree programs:
undergraduategraduateWhich two types of degrees exist?Doctoral or professional degrees, associate degrees, bachelor's degrees, and graduate degrees are the four primary categories of college degrees. A doctorate and a professional degree differ greatly from one another, and each category has several subcategories.
How come there are two degrees?Double degrees have been typical in several countries for a very long time. They allow taking one course that is knowledge-intensive and one that is skill-focused for enhanced job readiness. They provide the opportunity to engage in multidisciplinary or transdisciplinary studies.
What number of levels make up a degree?Consequently, associate's degrees and bachelor's degrees are the two main categories of undergraduate degrees.
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TRUE OR FALSE: A mathematics professor at a university would fall under both the Education and Training career cluster and the STEM career cluster.
Answers
Explanation: none
At Frank's company, the strength of the organizational structure is that the results are based on
the effectiveness of the managers, but its main weakness is costs can be increased due to a
decrease in efficiency. This is an example of which structure?
Osimple
O functional
O divisional
O matrix
Answers
Answer:
divisional
Explanation:
-A simple structure s a structure in which there is little specialization and there is a central authority that controls everything and has the power.
-Functional structure is a structure in which a company is divided in groups according to specialized activities. Because of this specialization, companies with this structure can increase productivity but the communication is rigid and the cooperation between departments is difficult.
-Divisional structure is a structure in which there are different divisions and each one concentrates on a specific product or service and has all the functions and resources for that. This structure can create inefficiencies because the specialized functions are separated but the results of one division don't affect the other ones.
-Matrix structure is a structure in which employees report to more than one manager and it is used in companies that have different lines to have more flexibility and increase productivity.
According to this information and the statement, the answer is that this is an example of divisional stucture because in this structure each division has its own resources and specialized functions and because of that the results are based on the effectiveness of the managers but as each division has its own specialized functions, this creates inefficiencies.
True or false: Electronic commerce is defined as the use of the Internet as an essential element of business activity.
Answers
Answer:
it's true............
if betty had the power to make a take it or leave it offer to aisha, and the initial allocation was at e as indicated, what would the final allocation of apples and oranges be? select one: a. point i b. point f c. point g d. point h
Answers
Point F. Betty would offer Aisha an equal split of the apples and oranges (i.e. 3 apples and 3 oranges). If Aisha accepted the offer, the final allocation would be Point F.
What is allocation?Allocation is the process of assigning resources to an individual, group, or organization. This can involve assigning financial resources, material resources, or personnel. Allocation is a key factor in effective resource management, and it helps to ensure that resources are used in the most efficient and effective way. Allocation also helps to ensure that resources are distributed fairly and equitably to those who need them. Allocation requires careful consideration of the needs of the individual, organization, or group, as well as the availability of resources. It also requires good communication and coordination between different stakeholders in order to ensure that resources are allocated effectively.
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Gdp measures total market value of all final goods and services produced in an economy in a ______.
Answers
Gdp measures the total market value of all final goods and services produced in an economy in a given year.
What is GDP?
The foremost common degree of the economy is called net household item (or GDP). GDP measures the whole showcase esteem of all last merchandise and administrations created in an economy in a given year. Merchandise is things that are touchable, such as shoes, staplers, and computers. Administrations are activities, such as haircuts, doctor exams, and car repairs. GDP is implied to capture the whole esteem of all this production.The net household item is the wide quantitative degree of financial action. It is the degree of the showcase esteem of all last merchandise and administrations created in a year interior the boundary of a nation.To know more about GDP visit:
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