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electrofy456
25.07.2019 •
Mathematics
During august, boxer company sells $364,000 in merchandise that has a one year warranty. experience shows that warranty expenses average about 5% of the selling price. the warranty liability account has a credit balance of $12,000 before adjustment. customers returned merchandise for warranty repairs during the month that used $8,600 in parts for repairs. the entry to record the estimated warranty expense for the month is: multiple choice debit estimated warranty liability $18,200; credit warranty expense $18,200. debit warranty expense $6,200; credit estimated warranty liability $6,200. debit warranty expense $18,200; credit estimated warranty liability $18,200. debit warranty expense $14,800; credit estimated warranty liability $14,800. debit estimated warranty liability $8,600; credit warranty expense $8,600.
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Ответ:
"During August, Boxer Company sells $364,000 in merchandise that has a one year warranty. Experience shows that warranty expenses average about 5% of the selling price. The warranty liability account has a credit balance of $12,000 before adjustment. Customers returned merchandise for warranty repairs during the month that used $8,600 in parts for repairs. The entry to record the estimated warranty expense for the month is:
a) Debit Estimated Warranty Liability $18,200; credit Warranty Expense $18,200.
b) Debit Warranty Expense $6,200; credit Estimated Warranty Liability $6,200. c) Debit Warranty Expense $18,200; credit Estimated Warranty Liability $18,200.
d) Debit Warranty Expense $14,800; credit Estimated Warranty Liability $14,800.
e) Debit Estimated Warranty Liability $8,600; credit Warranty Expense $8,600."
First, calculate the average warranty expenses:
364000 × 5 ÷ 100 = 18200$
This amount has to be recorded both as a debit (debit warranty expenses) and as a credit (credit estimated warranty liability).
Therefore, the correct answer is:
c) Debit Warranty Expense $18,200; credit Estimated Warranty Liability $18,200.
Ответ:
Angle 1 - 26 degrees
Angle 2 - 49 degrees
Angle 3 - 105 degrees
Step-by-step explanation:
To answer this, make the equation 2x + (3x + 10) + (5x + 40) = 180. Combine common terms to get: 10x + 50 = 180. Subtract 50 from both sides to get: 10x = 130. Now divide 10 from both sides to get: x = 13.
Now that you have the information x = 13, use it to find the angle measures by inserting the value 13 into the expressions in place of x.
Angle A = 2x:
2x = 2(13) = 26
Angle B = 3x + 10:
3x + 10 = 3(13) + 10 = 39 + 10 = 49
Angle C = 5x + 40:
5x + 40 = 5(13) + 40 = 65 + 40 = 105
Check:
To check your answer, add 26 + 49 + 105. You get 180, so this is correct!
Note:
Hope it helps!