Custom Motors' account with Widgets, Inc. Has an opening balance of $1,200. They make four purchases totaling $1,500, receive a $400 credit for returned widgets, and make a payment of $2,000. What amount will go into the schedule of accounts for Custom Motors? A. $300 B. $1,500 OC. $1,100 D. $2,000

Answers

Answer 1

Answer:

A. $300

Explanation:

The computation of the amount will go into the schedule of accounts for Custom Motors is shown below;

= Opening balance + purchase made - credit received - payment made

= $1,200 + $1,500 - $400 - $2,000

= $300

Hence, the amount will go into the schedule of accounts for Custom Motors is $300

Therefore the option a is correct

And, the same would be considered

Answer 2

Answer:

A 300

Explanation:


Related Questions

True or false. The minimum hourly wage for covered workers is established under th authority of OSHA

Answers

The answer is false

OSHA standards only cover the workers safety and protect them from hazards

A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $5 million at the end of one year, $10 million at the end of two years, and $15 million at the end of three years. Option C will give the firm $15 million at the end of one year, $10 million at the end of two years, and $5 million at the end of three years. Option D will give the firm $21 million at the end of one year, nothing at the end of two years, and $9 million at the end of three years. Which of these options has the highest present value if the rate of interest is 5 percent

Answers

Answer:

The answer is "Option D".

Explanation:

Using the formula for calculating present value:

[tex]= \frac{Future \ value}{(1+r)^n}\\\\[/tex]

that's why "Option D" is correct.

ILL MARK BRAINLLEST AWNSER ALL 9
1 What is a safe deposit box? What financial records are best kept in one?

2 What are liquid assets? What are non-liquid assets? What are some examples of each?

3 What are liabilities? Describe two different types of liabilities.

4 What is net worth?

5 What is budget variance?



Critical Thinking Questions

6 Why are financial records important? How does keeping organized financial records contribute to successful money management?

7. Create a cash flow statement for your own finances. Why are cash flow statements useful in managing money?

8. What are the characteristics of successful budgets? What can you do to cultivate these successful characteristics in your own money management?

9. What are the pros and cons of using the different types of budget systems? Which one do you prefer?

Answers

Answer:

Explanation:

1.A safe deposit box, also known as a safety deposit box, is an individually secured container, usually held within a larger safe or bank vault. Safe deposit boxes are generally located in banks, post offices or other institutions

2. he most common examples of non-liquid assets are equipment, real estate, vehicles, art, and collectibles. Ownership in non-publicly traded businesses could also be considered non-liquid. With these kinds of assets, the time to cash conversion is difficult to predict.

3. Current liabilities (short-term liabilities) are liabilities that are due and payable within one year. Non-current liabilities (long-term liabilities) are liabilities that are due after a year or more. Contingent liabilities are liabilities that may or may not arise, depending on a certain event.

4. it is a persons total worth.

5.Budget variance equals the difference between the budgeted amount of expense or revenue, and the actual cost. Favourable or positive budget variance occurs when: Actual revenue is higher than the budgeted revenue. Actual expenses are lower than the budgeted expenses.

6.Managing daily business activities such as paying bills. In order to best manage your money and responsibilities, you need to know what you owe, who you owe it to, and when you need to pay it.

7.Cash flow statements are useful in managing money because it helps you keep track of your financial record of income expenditures for a particular period of time.

8. well planned, realistic, spending habits, methods to keep track of spending and how to manage for variable expenses.

9.Mental budget:

PRO ⇒ easiest possible way of making a budget,

CON ⇒ isn't very accurate.

Physical budget:

PRO ⇒ quite simply, just place money on envelopes according to what things you should pay with them,

CON ⇒ cannot keep a exact record.

Write down the budget:

PRO ⇒ write down the budget on a notebook or an excel spreadsheet,  writing down the budget helps to stick with it.

CON ⇒ you need to permanently check and adjust your budget.

Accounting or Financial software:

PRO ⇒ use software (e.g. Quicken) to help you  create a budget that includes tax records and bank accounts.

CON ⇒ it is more complicated and you need to pay for the software.

Samira is a freshman basketball player who hopes to go to college on a basketball scholarship. She is offered the chance to play on her school’s varsity basketball team, which plays in tournaments during holiday breaks. Samira usually spends her breaks working at the local hardware store. After careful consideration, Samira decides to stay on the freshman basketball team and keep working over breaks.



The fact that Samira may miss out on a scholarship opportunity by staying on the freshman team illustrates

a cause.
minor consequences.
a tradeoff.
unexpected risk.

Answers

Answer: a trade off

Explanation:

A trade-off (or tradeoff) is regarded as a situational decision which occurs when one loses a particular thing in order to gain something else.

A trade off is regarded as a form of compromise. An increase in a particular thing brings about a decrease in something else. The fact that Samira may miss out on a scholarship opportunity by staying on the freshman team illustrates trade-off.

Answer: is this one

a tradeoff

Explanation:

hope helps

Setting the price for a new product is less difficult when other products like it are already being sold. This is true because ______. Multiple choice question. consumers will have become used to paying artificially high prices for products in that category all retail outlets in the area can get together and agree to sell the product for the same price, regardless of its actual value consumers will have learned to depend on that type of product and will pay whatever it costs the market will have established a general value for that sort of item

Answers

Answer:

the market will have established a general value for that sort of item

Explanation:

If we set the price of the new product so it would be less difficult in the case when the other kind of products are being sold because in the market the products make the image of the company that the audience will be aware of

So according to the given situation, the last option is correct

And, the rest of the options does not represent the given case

The video says only a handful of companies make eyeglasses and they mark them up 10 or 20 or more times. Markup pricing is best defined as deriving a price by _______. a. adding a predetermined percentage of the cost to the cost of the product b. charging a higher price when demand is strong c. balancing supply and demand d. determining the costs and then adding specified dollar amount or percentage of the cost to the seller's cost e. adding a flat dollar amount or percentage to the cost of the product

Answers

Answer:

Option A: Adding a predetermined percentage of the cost to the cost of the product

Explanation:

Price

This is simply refered to as money or other thing that ia used i exchanged for the right, ownership or use of a good or service.

Markup

This is commonly defined as thd difference between the cost price and the selling price of an goods or services that the business gives. it is the dollar amount listed or added to the cost of products to get the selling price. It is fondly called Gross Profit , Markup Margin or Margin, Gross Margin.

Standard Markup Pricing

This is the difference between selling price and cost. It is usually called as a percentage of cost.

The need for a markup is that business gather up expenses in order to be in a position to sell goods or services, and the markup covers these expenses and other factors

which income tax system is based on tax brackets

Answers

Answer:

The Answer is Progressive Tax.

Explanation:

My teacher explained this to us.

llus Patrick is selling a new hair product. He hopes to sell 10 bottles a month if he spends a one-time $100 on advertising. He is selling each bottle for $12. The product costs him $5.00 to make per bottle. What would the planned profit be after one year of sales?
A. $600 B. $740 C. $1050​

Answers

Answer:

B. $740

Explanation:

In the given scenario we will be analysing the cost of production versus the revenue earned by Patrick. The difference between the two will give our profit

Total number of bottles produced a year = 10 * 12 = 120 bottles

Cost of production = Advertising + manufacturing cost

Cost of production = 100 + (120 * 5) = $700

Revenue = 120 * 12 = $1,440

Profit = 1,440 - 700 = $740

The consumer decision making process is comprised of these five steps: Need recognition, Environmental Scanning, Evaluation of alternatives, Purchase, Postpurchase behavior Need recognition, Environmental Scanning, Prepurchase Behavior, Purchase, Postpurchase behavior Need recognition, Information Search, Evaluation of alternatives, Purchase, Postpurchase behavior Need recognition, Environmental Scanning, Prepurchase Behavior, Purchase, Cognitive dissonance Need recognition, Information Search, Cognitive Dissonance, Purchase, Postpurchase behavior

Answers

Answer:

need recognition, information search, evaluation of alternatives, purchase, and post purchase behavior

Explanation:

In simple words, A consumer refers to an individual who acquire a resource in exchange of money or some other resource, to satisfy his or her needs.

The customer decision-making process involves consumers becoming aware of and identifying their interests, gathering input about how to better meet those needs, weighing alternative possible choices, making a buying judgment as well as evaluating their investment.

Use the following information to answer this question. Kim decides to quit her old job that paid $1,000 a month to open a flower shop in downtown Lexington. Suppose she opens her shop in a building she owns, which she could be renting out to someone else for $1,000 a month. In addition, A to Z Rental required her to sign a one year lease on the coolers needed for her shop and the rent is $200 a month. Hiring three assistants costs her $1,800 a month. Finally, the flowers, vases and other material needed for making flower arrangements average $5,000 a month.

Kim’s long run fixed costs are:

$ __________ per month

Answers

Answer:

$0

Explanation:

According to the scenario, computation of the given data are as follows,

Fixed costs are linked with fixed inputs, which do not fluctuate and remain constant in the short term.

The long run is a time during which all of the inputs are transformed into variables cost.

Hence, in long run, Kim's fixed cost will be $0.

The following transactions occurred during June: June 1 Purchased two new maintenance carts on account at $750 each. Payment is due in 30 days June 8 Accepted $500 of advance payments from customers for services to be provided next month June 15 Received the utility bill for $300. Payment is due in 30 days June 20 Billed customers $1,500 services provided. Payment is due in 30 days. June 30 Received $500 from customers who were billed earlier Refer to Hesson Properties. What journal entry is required to record the collections on account from customers?a. Accounts Payable 500 Cash 500 b. Cash 500 Accounts Receivable 500 c. Service Revenue 500 Cash 500 d. Accounts Receivable 500 Service Revenue 500

Answers

Answer:

b. Cash 500 Accounts Receivable 500

Explanation:

This entry is needed for the settlement of account-based services offered to customers. As a result, we credit Accounts Receivable by $500 for payments obtained from customers that were already billed for those services.

So, Journal entry will be as follows,

       Cash A/c Dr.                                       500

To,  Accounts Receivable A/c                          500

Hence, option b is the correct answer.

3.2.1 Give TWO examples of an advocacy campaign​

Answers

Answer:

Make-A-Wish foundation

Earth hours

Explanation:

make a wish donates money and necessities

earth hours supports australian environment protection

Who looks like clementine in the walking dead?

Answers

Answer:

hmm, My sister HAHAHA

Explanation:

for real tho 0-0

Search up cosplays fro the character clementine

A problem that the Fed faces when it attempts to control the money supply is that Group of answer choices the 100-percent-reserve banking system in the U.S. makes it difficult for the Fed to carry out its monetary policy. the Fed has to get the approval of the U.S. Treasury Department whenever it uses any of its monetary policy tools. the Fed does not control the amount of money that households choose to hold as deposits in banks. the Fed does not have a tool that it can use to change the money supply by either a small amount or a large amount.

Answers

Answer:

the Fed does not control the amount of money that households choose to hold as deposits in banks.

Explanation:

In simple words, the federal government cannot completely control the amount of money that the households choose to deposit in bank. Although change in interest rates can be used to control such deposits but the overall tendency of savings is unaffected by minor changes in interest rates. This is seen as a core issue as to why the federal government is not able to completely control the money supply in the market.

What information does not affect whether a credit card company will give you a card? O A. How many credit cards you already have O B. How much debt you have O C. Your payment history D. Which companies you have credit cards from already SUBMIT​

Answers

Answer:

D. Which companies you have credit cards from already.

Please Give Brainliest

What job in the marketing field is not typically available to people just starting their marketing career?
A.Manager
B.Graphic designer
C.Web developer
D.Editor

Answers

Answer:

manger

Explanation:

i took the test

The job in the marketing field is not typically available to people just starting their marketing career as of Managers. Thus the correct option is A.

What is a Career?

A career is what someone chooses as a vocation to earn money. An individual's career is based on his talents, skills, and abilities, which enable him to seek growth and development and achieve his life goals.

When an individual starts their career in the field of marketing they get opportunities on the beginner level like graphic designer, web developer as well as Editor.

The manager-level job is a high-position job that requires expertise and experience in order to bring excellent work to the organization by completing the tasks and achieving goals.

Therefore, option A is appropriate.

Learn more about Career, here:

https://brainly.com/question/2160579

#SPJ2

What is the Racial Wealth Gap?

Answers

Explanation:

the racial wealth gap in the United States is the disparity in median wealth between the different races . This gap is most pronounced between whitehouseholds and racia minorities

help plz!!
Economists make economic predictions using:
A) educated guesses based solely on their opinion.
B) data about the economy from the past.
C) information only about other nations.
D) data about how outside economies allocate their resources.
Thanks!!

Answers

Answer:

[tex]hi \: james[/tex]

The answer is :

B) data about the economy from the past.

I hope it helps

have a nice day

#Captainpower

The answer to this question is B) data about the economy from the past

how does Globalization affect the wealth gap?

Answers

Explanation:

Globalization may not be the sole driver of global income inequality. ... A common narrative frames globalization as the cause of inequality: by shifting low-skilled jobs from wealthier countries to poorer countries, economic integration has increased inequality within countries while lowering inequality between them.

Please mark as brainliest...Thank you


The fact that more than one type of economic system exists in the world today is attributable MAINLY to the fact that

(A) there are numerous countries in the world
(B) people of different countries have different religious and political
ideologies
(C) each system is modeled to cope
with a different type of economic
problem
(D) different methods can be used to solve the same economic problem​

Answers

Answer:

C

Explanation:

Different economic systems were created in the past to solve different issues/problems in separate conditions from other countries

A new supermarket is being built. The country has required the owner to designate at least eight handicap parking spaces. The county installed a sign in front of each space to indicate that it is reserved for vehicles with a proper sticker. The sign also announces a $250 fine for violators.

The intention behind the sign is to announce to the community at large that there will be a stiff penalty to pay for violating the rule. The belief is that drivers who risk a small fine by parking illegally elsewhere, such as against the curb, will not risk the large fine for parking illegally in the handicap spaces. This point of view is known as ____________.

Answers

Answer: General deterrence

Explanation:

Based on the information given, the point of view is known as general deterrence.

General deterrence is the effect of a threat regarding legal punishment on everyone in the society or the public at large. The aim of general deterrence is to send a message to the public and this is done by making them fearful of the consequences when they commit a particular crime. In this case, the fine of $250 is to make the public fearful of violation of the rule.

Snap Company issues 10%, five-year bonds, on January 1 of this year, with a par value of $100,000 and semiannual interest payments.

Answers

Answer:

Note: Question is incomplete, the full question is attached as picture below

                          Journal Entries - Snap Company

Date       Particulars                                   Debit                 Credit

1-Jan       Cash Dr                                   $92,640.00

               Discount on bond payable    $7,360.00  

                       To Bond Payable                                     $100,000.00

               (To record issue of bonds)

30-Jun  Interest expense Dr                   $5,736.00  

                      To Cash ($100,000*10%*6/12)                  $5,000.00

                      To Discount on bond payable                  $736.00

                       (($7,360 - $6,624)

             (To record semiannual interest payment and discount amortization)  

31-Dec    Interest expense Dr                  $5,736.00  

                        To Cash ($100,000*10%*6/12)                  $5,000.00

                        To Discount on bond payable                  $736.00

                         ($6,624 - $5,888)

               (To record semiannual interest payment and discount amortization)

Did the government know how the houses would act if there was a flood?

Answers

Answer:

no, because floods vary

Explanation:

Not at all because anything could happen in that time period of an flood

Yahir wants to become an Actor. What are the most helpful examples of milestones for this goal? Check all that apply.

A.taking an acting class
B.running a race
C.taking a science class
D.learning how to cook
E.participating in a school play
F.auditioning for a part in a television show

Answers

Answer:

aef

Explanation:

got the question right

Answer:

1 5 6

Explanation:

points strictly for jayteedxn

Answers

Oh I am really sorry......1 chance is left anyways.... ;)

Follow me ♡

Answer:

Got it

Explanation:

Huda wants to buy soda. A 12-pack costs $9.50. She knows that with the local sales tax of $2.00, the total should be $11.50. However,
when she gets to the checkout, the total is now $13.00. Which type of tax is Huda MOST likely paying that would explain the extra $1.50?
estate
excise
inheritance
income

Answers

Answer:

excise

Explanation:

A tax is a compulsory sum levied by the government on goods and services. Taxes increase the price of a good

excise tax is a type of tax levied on certain good and services. It is an example of an intranational tax. Producers pass on this tax to consumers by increasing the price of the good directly

why would a farmer be better off asking for a grant than a loan reasons​

Answers

Answer:

Because loan has to be paid in certain period of time whereas grant is a special government plan/ scheme for farmers to motivate them to work..

In addition to other costs, you need to purchase land and seed and equipment and hire hands to help you with the eventual harvest. There are, however, ways to obtain grants that cover some or all of the cost of your new farm. Grants are better than loans for one very important reason: you don't have to pay them back.

Tyler Weinrich, a single investor in the 15% federal tax bracket, owns 150 shares of Newmont Exploration. The stock has risen from its price of $40 a share to $75 a share. Because the board of directors believes that Newmont Exploration will be more actively traded in the $40 to $60 range, it has just announced a 3-for-1 stock split. Assuming no other information came out about Newmont Exploration, how many shares would Tyler have and what would be their price after the split?

Answers

Answer:

450 shares

$25

Explanation:

a 3 for 1 stock split is when 1 unit of shares is increased by 3

150 shares becomes (150 x 3) = 450

price becomes = $75/3 = $25

stock splits have no economic effect on the company and total shareholders wealth does not change

price / earnings does not change and market equity does not change

Karen works in a department store. Her coworkers have diverse cultural backgrounds. Which statement shows that Karen understands the importance of multiculturalism?

A.
She values a consistent focus on knowing and completing her daily tasks.
B.
She expects everyone to conform to the same ideas about punctuality.
C.
She appreciates how other perspectives enhance customers’ shopping experiences.
D.
She values completing a job on schedule more than taking time to build relationships.

Answers

A.

She values a consistent focus on knowing and completing her daily tasks.Answer:

Explanation:

She appreciates how other perspectives enhance customers’ shopping experiences

position on human trafficking in south Africa​

Answers

Answer:

In terms of human trafficking, South Africa is on the "Tier 2 Watchlist." The US Department of State uses a variety of approaches to monitor the extent of ongoing human trafficking in a given region. Tier 2 Watchlist countries are at the same level as Tier 2, but they are seeing an increase in illegal activity.

Answer:

South Africa is considered to be on the “Tier 2 Watchlist” for human trafficking. The U.S. Department of State has several methods to track the levels of ongoing trafficking in a given country. ... The Tier 2 Watchlist is the same level as Tier 2, but these countries have increasing levels of criminal activity.

Explanation:

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Cmo trazar Polgonos regulares utilizando material geomtrico como la regla, compas y el graduador porfa ayuda Seeds, flowers, and fruits work together to help a flowering plant reproduce.Each of these structures is made up of different kinds of tissues specializedto perform a specific function. What level of body organization does thisgroup (plants, seeds, and flowers) represent?A. OrganB. CellC. Cell systemD. Body system. not B about liner equations!! please help with answer what number should be added to get 10/77 to get 1 ? A lead fishing weight of a mass of 0.20 kg is tied to a fishing line that is 0.50 m long. The weight is then whirled in a vertical circle. The finishing line will break if its tension exceeds 100.0 N. Required:a. If the weight is whirled at higher and higher speeds, at what point in the vertical circle will the string break (top, bottom, or random position)?b. At what speed will the string break? Which of these is an example of sexual reproduction, involving meiosis?help pls due tonightLeaf cuttings taken from one plant grow into new plants.. Pollen from one flower fertilizes the egg cells of another flower.A fungus produces genetically identical spores.A bacterium splits in half, forming two new bacteria. WILL MARK BRAINLIEST A bag contains 16 marbles. There are 4 green, 10 red, and 2 blue marbles. One marble is selected at random. Determine whether each statement correctly describes the likelihood of an event based on the given bag of marbles. Select True or False for each statement. True False1) It is unlikely that a blue marble will be selected. 2) It is certain that a green marble will be selected. 3) It is impossible that a yellow marble will be selected. 4) It is unlikely that a red marble will be selected. Which logarithmic equation is equivalent to the exponential equation below?67.21 = eaA. In a = 67.21B. loga 67.21 = 2.43C. lo967.21 2.43 = eO D. In 67.21 = a How hospitals are useful to us what did the Bolsheviks promise to the people of Russia? Read the sentence.Usually very outgoing, Carla couldn't understand why her daughter Mia was so meek on her first day of kindergarten.Which definition clarifies how meek is used in the sentence?definition 1definition 2definition 3definition 4 Did the 13th, 14th, and 15th amendments help or harm the relationship between the north and south? why? The Centers for Disease Control and Prevention (CDC) recommends that public health actions be initiated when the level of lead in a childs blood is 5 micrograms per deciliter (g/dL) or more. What is this in ppm? ( 1 dL = 0.1 dm^3)a) 5 ppmb) 0.5 ppmc) 50 ppmd) 0.05 ppm Erosion and Weathering can cause changes in earths surface but how does erosion alone changes the earth surface. Hurry it's a math problem What is the conjunction in the sentence "The woman baked cookies,and we ate them quickly" Three 20.0 ohm resistors areconnected in parallel. What is theirequivalent resistance?(Unit = ohm) help with this question help please!!!i will mark brainliest :DD 25) In a certain area where there are many farms, the groundwater levels have dropped by as much as 10 m over a period of 30 years. The main cause behind this is MOST LIKELY A) the evaporation of water from aquifers. B) the excessive pumping of water through wells. C) the leakage of fertilizers from the farms into the aquifer. D) the construction of a dam to divert water into a reservoir.NO LINKS!!!I will give Brainliest to 1st right answer!