1 Balances brought forward: Cash £5000; Bank £12000. ,, 2 The following paid us by cheque, in each case deducting a 5 per cent cash discount:
Saurav £900; Ismail £400; Taposh £460; Aiyan G £1,080. ,, 3 Cash sales paid direct into the bank £850. ,, 5 Paid rent by cash £440. ,, 6 We paid the following accounts by cheque, in each case deducting 211% per cent cash
discount: Shahi £480; Shakera £1000; Piyama £400. ,, 8 Withdrew cash from the bank for business use £600. ,, 10 Cash sales £1,160. ,, 12 Kamal paid us their account of £360 by cheque less £5 cash discount. ,, 14 Paid rent by cash £670. ,, 16 We paid the following accounts by cheque: Piyal£310 less cash discount £15;
Tinni £680 less cash discount £12. ,, 20 Bought Equipment by cheque £2,240. ,, 24 Bought Van paying by cheque £10,300. ,, 29 Received £768 cheque from Litu. ,, 30 Cash sales £910 P. T. O Marks=15
Answers
The business had a mix of incoming and outgoing cash flows, with some payments and receipts being made by cheque and some being made in cash.
It seems like this is a record of a small business's financial transactions over the course of a month. The beginning balances were £5000 in cash and £12000 in the bank. Throughout the month, the business received payments from various customers, some of which were given a 5% cash discount. The business also made cash sales and deposited £850 directly into the bank.
Additionally, the business paid rent twice, once for £440 and once for £670, and paid various accounts by cheque, some of which were given a 2.5% cash discount. The business also withdrew £600 in cash from the bank for business use. Near the end of the month, the business purchased equipment for £2240 and a van for £10,300, both of which were paid for by cheque. The business also received a £768 cheque from a customer named Litu.
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Related Questions
4. Use the Internet to find an online job posting. Try searching a site like careerbuilder.com or monster.com. Then complete the items below. a. List the link to the posting. (1.0 point) b. List at least two requirements of the job. Complete sentences are not necessary. (2.0 points) c. List at least three tasks that are a part of the job. Complete sentences are not necessary. (3.0 points) d. Write 1-2 sentences explaining why or why not this job would be a good fit for you (2.0 points)
Answers
Answer and Explanation:
Hello. Brainly does not allow links to be placed in responses, which makes it impossible for me to answer your first question. However, you can find this job vacancy in the careerbuilder when searching for Internet / BDC Director.
Two requirements that this job vacancy requires of possible candidates are: Knowledge of management of social networks and experiences with online sales.
The individual who is interested in this job vacancy, if hired, will have to carry out online and face-to-face sales, perform administrative functions and perform customer service whenever necessary.
This job is not a good option for me, because I have no experience in sales, but this is a very promising job vacancy, with a fair salary and benefits, I believe that if I had the requirements, I would do very well in this type of job.
Answer:
1. https://www.careerbuilder.com/job/J337WK6Y75401Z09WZ9
2. · Ideal to have 1 year experience as a pharmacy technician coordinating activities in an administrative support function.
· Must have valid Pharmacy Technician License
3. Working with patients to explain and educate on medical questions
· Tracking and logging vaccination details into EMR (electronic medical records system)
· Assisting Pharmacist as needed
4. This job would be a good fit for me, because I am compassionate, patient, and pay attention to detail. My mathematical skills are excellent, and like working with a team of health care professionals.
Explanation:
Plz, Help quickly. In accordance with the seven core elements of an effective occupational safety and health program, what should management do to support the program effectively?
Select the 4 answer options that apply.
Communicate their commitment to the programs through a written statement.
Establish realistic, attainable, and measurable goals.
Encourage employee participation by publicly punishing those who do not participate.
Only allow senior management level employees to be involved with the program evaluation, to avoid conflict.
Allocate resources to the program by integrating it into the budget and time planning.
Establish a process to report any safety and health concerns.
Answers
Answer:
Communicate their commitment to the programs through a written statement.
Establish realistic, attainable, and measurable goals.
Allocate resources to the program by integrating it into the budget and time planning.
Establish a process to report any safety and health concerns.
Explanation:
In accordance with the seven core elements of an effective occupational safety and health program, management should follow the following to support the program effectively:
Communicate their commitment to the programs through a written statement.
Establish realistic, attainable, and measurable goals.
Allocate resources to the program by integrating it into the budget and time planning.
Establish a process to report any safety and health concerns.
I don't have moey. What is the best job to get when you're in middle school?
Answers
Answer:
You can work at publix as a cashier. They acept 14 year olds. And ur in 8th grade as 14 which is in middle school.
Explanation:
This is the best job u can get as a kid
also brainlist me pls
Which of the following is a Liability?
A. Notes Payable
B. Cash in Hand
C. Accounts Receivable
D. All of the Above
Answers
Answer:
The following that is a Liability is all of the above, because it all means borrow, but in a different sense and definition :3
Explanation:
:3
How is net pay different from gross pay? Someone please answer in at least 4 sentences explaining! Will be marking brainiest.
Answers
Employee's gross pay is their compensation before taxes, benefits, and other payroll deductions are subtracted. After all, withholdings are removed, net pay, also known as take-home pay, is the amount left over.
What are Gross pay and Net pay?The gross pay of an employee is the amount earned before taxes, benefits, and other payroll deductions are removed from their compensation. Net pay is the amount left over after all withholdings are removed.
Your net salary, often known as your take-home pay, is the amount of money you get after all deductions. The CTC is reduced by income tax, professional tax, Public Provident Fund (PPF), and other deductions. The net wage is frequently lower than the gross wage.
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Which option identifies the marketing strategy demonstrated in the following scenario?
Department stores often have their own credit cards and mailings sent to card holders that offer incentives such as
percent discounts and early hour shopping days.
O product packaging
customer loyalty
O advertising
word-of-mouth
Answers
Answer: customer loyalty
Explanation:
Woolworth's Co. offers a bonus to its employees based on the company's annual profit. The amount of the bonus for this year is estimated at $32,500 to be paid in January of the following year. The journal entry required on December 31 to record the bond is:
Select one:
a. Debit Unearned Bonuses $32,500; Credit Bonus Payable $32,500
b. Debit Employee Bonus Expense $32,500; Prepaid Employee Bonus credit $32,500
c. Debit Estimated Bonus Payable $32,500; Cash credit $32,500
d. Debit Employee Bonus Expense $32,500; Credit Bonus Payable $32,500
e. You do not have to make an entry in December because the bonus will be paid in January of the next year
Answers
The correct journal entry required on December 31 to record the bonus is: d. Debit Employee Bonus Expense $32,500; Credit Bonus Payable $32,500
The entry records the expense related to the estimated bonus for the year and establishes a liability in the form of a bonus payable to the employees. The debit to Employee Bonus Expense recognizes the expense incurred by the company, and the credit to Bonus Payable establishes the liability for the amount owed to the employees. This entry is made in December to reflect the expense and liability in the appropriate accounting period, even though the payment will be made in January of the following year.
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What country is better for international business? Spain, Pakistan, Bangladesh or Brazil
Answers
Answer: Brazil
Explanation:
Pls help Which of the following is not an example of in-kind assistance? (1 point)
Low Income Home Energy Assistance Program
O
National School Lunch Program
O
Social Security income
Supplemental Nutrition Assistance Program
Answers
Answer:
The Answer is Social Security income
Explanation:
I know this is correct because I just finished the quick check this question was in.
Social Security income is an example of in-kind assistance as in this program the government supports the low-income people and the people with major disabilities.
What is in-kind assistance?
When someone is receiving in-kind support when one offers other a service, supplies, or free assistance. In-kind support is when another group provides free office equipment or meeting space.
The use of a company car or van, private medical insurance paid for by the employer, and the employer helping the employee to transfer the work are examples of in-kind assistance.
Thus, Social Security income is the not correct option for in-kind assistance.
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Give all start up costs for opening a salon that has 8 workers and that does everything hair and wax related. Include the quantities for each item and the pricing
Answers
Start-up expenses are the costs a business spent or incurred to establish an active trade or business, or to research establishing or acquiring an active trade or business
What is meant by Start-up costs?Start-up expenses are the costs a business spent or incurred to establish an active trade or business, or to research establishing or acquiring an active trade or business. Start-up costs should always be expensed as they are incurred, even though this determination can be somewhat subjective. Typically, start-up costs encompass any expenditure made before a business starts to turn a profit. Startup activities are essentially expensed as they are incurred in the accounting process. Although the guidelines are straightforward, the main concern is not assuming that other charges that are comparable to start-up costs should be treated the same manner.Rent/Lease for the salon space: $2,000 - $10,000
Build-out costs: $5,000 - $15,000
Equipment and supplies:
8 stations, chairs, and mirrors: $5,000 - $10,000
8 styling stations (styling chairs, styling stations, styling tools): $8,000 - $15,000
8 hair dryers: $4,000 - $6,000
8 hair washing stations: $8,000 - $12,000
8 hair cutting stations: $8,000 - $12,000
8 waxing stations: $8,000 - $12,000
Hair color, waxing, and other supplies: $5,000 - $10,000
Marketing and advertising costs: $2,000 - $5,000
Legal and accounting fees: $1,500 - $3,000
Insurance (liability, property, and worker's compensation) $2,000 - $5,000
Employee salaries: $8,000 - $12,000
Miscellaneous costs (utilities, phone, internet, etc): $5,000 - $10,000
Please take note that these figures are only approximations and that prices can change depending on location and other variables.
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which word best describes the writing process in business writing ?
Answers
Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing
Analytically examine thi tatement ""Management tart from Planning and end up with controlling|""
Answers
Controlling identifies all kinds of deviations, which are subsequently corrected as necessary. In doing so, it reduces the discrepancy between expected and actual performance, making it simpler to meet corporate goals. Planning establishes the company's operating tenets and regulations.
How do planning and controlling relate to one another?Even though they are two different management functions, planning and controlling are tightly intertwined. if they both overlap, the extent of the actions.
Why is it crucial to plan and to control?The efficient operation of an organization depends on planning and controlling, hence they are both essential components of an organization. Together, regulating and planning strengthen one another.
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How can the military support your career goals
Answers
Answer:
you can get money to further your education, also engage in stem activities.
Explanation:
List one type of appropriate workplace verbal communication
Answers
Answer:
Explanation:
Call centers are the appropriate workplace verbal communication
Which career field involves the design, manufacture, and use of various types of machinery, technology, and buildings?
A. engineering
B. math
C. science
D. technology
The answer I chose is A. Please correct me if I'm wrong.
Answers
Answer:
yes I believe the correct answer would be A
Mohammad is the project manager of a project to build 2 labour houses each month and completed after 12 months. Each house plan to cost SAR10000. 20 labour houses have been built after 9 months and CPI is 0.85106 a) What is the actual cost of the project right now? b) What is the project's estimate at completion? c) How much more money will it take to complete the project? d) How is the project performing?
Answers
To calculate the actual cost of the project right now, we need to determine the actual cost of the 20 labor houses built after 9 months.
a) Actual cost of the project right now:
Actual cost = Number of labor houses built * Cost per labor house
Actual cost = 20 * SAR10000 = SAR200000
To calculate the estimate at completion, we need to consider the planned cost for the remaining labor houses.
b) Estimate at completion:
Estimated cost per labor house = Cost per labor house * CPI (Cumulative Performance Index)
Estimated cost per labor house = SAR10000 * 0.85106 = SAR8510.6
Number of labor houses remaining = Total number of labor houses - Number of labor houses built
Number of labor houses remaining = 24 - 20 = 4
Estimated cost at completion = Estimated cost per labor house * Number of labor houses remaining
Estimated cost at completion = SAR8510.6 * 4 = SAR34042.4
To calculate how much more money will be required to complete the project, we subtract the actual cost from the estimate at completion.
c) Additional cost required to complete the project:
Additional cost required = Estimate at completion - Actual cost
Additional cost required = SAR34042.4 - SAR200000 = SAR13957.6
To assess how the project is performing, we can compare the actual cost with the planned cost.
d) Project performance:
If the actual cost is lower than the planned cost, the project is performing better than expected. If the actual cost is higher than the planned cost, the project is performing worse than expected.
In this case, the project is performing worse because the actual cost (SAR200000) is higher than the planned cost (SAR10000 * 20 = SAR200000).
Please note that these calculations assume that the cost per labor house remains constant and do not consider any other project expenses or factors.
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The fact that multiple generations often work together in family businesses provides which of the following advantages? A) They will have equal skills with technology B) Family dynamics will play a part in business relationships C) perspectives of diverse clients are more likely to be taken into consideration D) Family members from different generations are more likely to get along
Answers
Answer:
Explanation: B) Family dynamics will play a part in business relationships.
According to the Monetarist view, having a vertical aggregate supply (AS) curve implies that in the long run
Multiple Choice
a. quantity of real output in the equation of exchange varies in proportion to money supply.
b. monetary policy only affects prices.
c. the rate of unemployment can be permanently reduced by more expansionary monetary and fiscal policies.
d. velocity of money (V) is actually very unstable.
e. None of these options are correct.
Answers
According to the Monetarist view, having a vertical aggregate supply (AS) curve implies that in the long run, monetary policy only affects prices.
The Monetarist school of thought emphasizes the importance of the money supply in determining the level of economic activity. According to Monetarists, in the long run, the economy operates at its potential output level, and changes in the money supply primarily impact prices rather than real output or employment. A vertical AS curve suggests that changes in aggregate demand, primarily driven by changes in the money supply, only result in changes in the overall price level without affecting real output or employment levels. This view implies that monetary policy should primarily focus on maintaining price stability rather than attempting to influence real economic variables.
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• To whom does the FCPA apply?
Answers
The FCPA applies to the following persons or organizations in the United States and around the world.
1. Domestic concerns- The FCPA applies to every U.S. citizen and permanent resident. It also applies to any company that has its headquarters in the United States or conducts some of its business there.
2. Companies listed on US securities exchanges- The FCPA applies to any foreign company that is publicly traded on US exchanges or that files periodic reports with the Securities and Exchange Commission (SEC).
3. International concerns- any corporation or person who acts as an agent, employee, officer, director, or shareholder of a domestic concern may be held liable for Foreign Corrupt Practices Act (FCPA) violations that occur outside of the United States. The Foreign Corrupt Practices Act is a law that regulates bribery of foreign officials by US companies and citizens. Its main purpose is to prevent corruption in international business transactions.
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Both employer and employee are responsible for paying a set percentage of the employee's earnings. What is the name of this payroll tax? Select one: a. Federal Insurance Contributions Act withholdings b. Family Medical Leave Act withholdings c. Employee Retirement Income Security Act withholdings d. Consolidated Omnibus Budget Reconciliation Act withholdings
Answers
The payroll tax that is responsible for the employer and employee paying a set percentage of the employee's earnings is known as "Federal Insurance Contributions Act withholdings". Option A is the answer.
The Federal Insurance Contributions Act (FICA) is a payroll tax levied on both workers and employers in the United States to fund Social Security and Medicare programs. The amount of FICA tax withheld from an employee's paycheck is determined by the employee's income and the current FICA tax rate.
The employer and employee each contribute half of the total FICA tax, which is a set percentage of the employee's gross earnings.The Federal Insurance Contributions Act withholdings option (a) is the correct answer to the given question.
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If you owe $2000 on a credit card, at an 18.4% interest rate and you make $50
monthly payments, how much will you end up paying before the charges are paid
off?
Answers
Answer:B
Explanation:
Le Wood, Inc. Le Wood, Inc. makes furniture sets. During April, the purchasing agent bought 25,600 pounds of lumber at $1.94 per pound. During the month, 21,400 pounds of lumber were used to produce 600 furniture sets. Each set requires a standard quantity of 35 pounds at a standard cost of $1.90 per pound. The company applies fixed overhead at a rate of $3 per direct labor hour. Each furniture produced is expected to take 30 direct labor hours. Paper Products expected production in the current year to be 750 sets but 600 units were actually produced. Actual direct labor hours were 19,000 and actual fixed overhead costs were $62,000. REQUIRED 1. Find the direct material price variance (based on the quantity PURCHASED) for April. 2. Find the direct material quantity variance (based on quantity USED) for April.
Answers
1. The direct material price variance for April is $6,400 favorable.
2. The direct material quantity variance for April is $1,700 unfavorable.
1. The direct material price variance is calculated by multiplying the difference between the actual price and the standard price by the quantity purchased.
Actual quantity purchased = 25,600 pounds
Actual price = $1.94 per pound
Standard price = $1.90 per pound
Direct material price variance = (Actual price - Standard price) x Actual quantity purchased
= ($1.94 - $1.90) x 25,600 pounds
= $0.04 x 25,600 pounds
= $1,024 favorable
Therefore, the direct material price variance for April is $1,024 favorable.
2. The direct material quantity variance is calculated by multiplying the difference between the actual quantity used and the standard quantity by the standard price.
Actual quantity used = 21,400 pounds
Standard quantity = 600 sets x 35 pounds per set = 21,000 pounds
Standard price = $1.90 per pound
Direct material quantity variance = (Actual quantity used - Standard quantity) x Standard price
= (21,400 pounds - 21,000 pounds) x $1.90 per pound
= 400 pounds x $1.90 per pound
= $760 unfavorable
Therefore, the direct material quantity variance for April is $760 unfavorable.
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What change in the book value of the company's equity took place at the end of ?
Answers
The change in the book value of the company's equity at the end of a specific period reflects its financial performance and retained earnings.
The book value of a company's equity represents the difference between its total assets and total liabilities. At the end of a specific period, the change in the book value of equity indicates the financial performance of the company during that period. This change is influenced by various factors such as net income or loss, dividend payments, additional investments, and changes in the value of assets and liabilities. Positive changes in book value typically result from profitable operations, retained earnings, or increased shareholder investments, while negative changes may arise from losses, dividend payments, or decreases in asset values.
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People are living paycheck to paycheck why is that a problem
Answers
What are the basic points to be considered while running the occupation? for each of them
Answers
Answer:
interest
qualification
skills
finance
what are three types of pricing associated with business products?
Answers
Answer:
geographic pricing, transfer pricing, and discounting.
Explanation:
internet.
Expenses that need to be paid before a new business can open are called _____.
operating expenses
ending inventory
start-up costs
beginning inventory
Answers
Answer:
start-up costs
Explanation:
Hopefully that helps.
Answer:
Start Up Costs
Explanation:
Im taking a business major this is the right answer
A manager who is reactive and works hard to address problems after they occur is known as a . (a) problem seeker (b) problem avoider (c) problem solver (d) problem manager
Answers
Answer:
(c) problem solver
Explanation:
A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.
Hence, a manager who is reactive and works hard to address problems after they occur is known as a problem solver.
This ultimately implies that, a problem solver proffer solutions to a problem after it has occurred already. Problem solver are reactive rather than being proactive by preventing or mitigating the possibility of a problem arising.
When a person speaks on behalf of a product or service based on his or her personal use of and experiences with it, a(n) ________ execution is being used.
Answers
When a person speaks on behalf of a product or service based on his or her personal use of and experiences with it, a testimonial execution is being used.
A testimonial execution is a type of advertising in which a satisfied customer or user of a product or service provides a statement or endorsement about their positive experience with the product or service. This can be done in a variety of formats, including written testimonials, video testimonials, or even verbal recommendations.
Testimonials are a powerful marketing tool because they provide social proof and establish credibility for the product or service being advertised. By showcasing real-life experiences of satisfied customers, the advertiser can appeal to potential customers who may be on the fence about whether or not to try the product or service.
Testimonials can also help to build trust and foster brand loyalty, as customers who have had positive experiences are more likely to remain loyal to a brand and recommend it to others.
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Evaluate 2 solutions to the problems of communications in Get Going. Ib business
Answers
Maintaining corporate safety and other workplace discrimination can get burdensome when there is insufficient communication at work.
What is business cycle ?The natural rise and decline in economic growth that takes place throughout time is known as the economic cycle. The economic cycle is indeed a term used by economics to describe the rise and fall in commercial activity over time. It may be a useful tool for studying the economy and can assist you in making better financial decisions. The economy includes all corporate, labour, and consumer activity that produces, trades, and consumes goods and services inside the United States. The business cycle therefore refers to the measurable level of productivity. When enterprises increase production, they require more personnel. As a result, fewer workers are employed, there's more money available for spending, firms make more money, and they can concentrate on expanding.
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