Boilermaker House Painting Company incurs the following transactions for September.
1. Paint houses in the current month for $20,000 on account.
2. Purchase painting equipment for $21,000 cash.
3. Purchase office supplies on account for $3,500.
4. Pay employee salaries of $4,200 for the current month.
5. Purchase advertising to appear in the current month for $1,000 cash.
6. Pay office rent of $5,400 for the current month.
7. Receive $15,000 from customers in (1) above.
8. Receive cash of $6,000 in advance from a customer who plans to have his house painted in the following month.
Required:
1. Record each transaction. Boilermaker uses the following accounts: Cash, Accounts Receivable, Supplies, Equipment, Accounts Payable, Unearned Revenue, Common Stock, Retained Earnings, Service Revenue, Salaries Expense, Advertising Expense, and Rent Expense.
2. Post each transaction to T-accounts and compute the ending balance of each account. At the beginning of September, the company had the following account balances: Cash, $26,100; Accounts Receivable, $1,700; Supplies, $500; Equipment, $7,400; Accounts Payable, $1,200; Common Stock, $25,000; Retained Earnings, $9,500. All other accounts had a beginning balance of zero.
3. After calculating the ending balance of each account, prepare a trial balance.
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Ответ:
Explanation:
Earth’s crust is made of plates that move.
Mountain ranges of some continents lined up.
The coasts of some continents fit together.
Fossils were found in many places.Earth’s crust is made of plates that move.
Mountain ranges of some continents lined up.
The coasts of some continents fit together.
Fossils were found in many places.Earth’s crust is made of plates that move.
Mountain ranges of some continents lined up.
The coasts of some continents fit together.
Fossils were found in many places.
Ответ:
Incomplete question. The full question read;
Which of the following statements about employment-at-will is true?
A) The doctrine helps raise labor hiring and firing costs, leading to lower unemployment rates.
B) The doctrine helps raise labor hiring and firing costs, leading to higher unemployment rates.
C) The doctrine helps lower labor hiring and firing costs, leading to lower unemployment rates.
D) The doctrine helps lower labor hiring and firing costs, leading to higher unemployment rates.
D) The doctrine helps lower labor hiring and firing costs, leading to higher unemployment rates.
Explanation:
Remember, the employment-at-will refers to an employment agreement that grants either the employer or employee the right to terminate their employment contract if they so wish.
Meaning? The cost of hiring and firing is lowered as they can be done anytime; which likely leads to higher unemployment rates.