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joel53
27.06.2019 •
Mathematics
Edgar is closing out accounts for his company. he sees that the cost of goods sold has a $19,000 credit balance, supplies has a $1,500 credit balance, interest expense has a $1,250 credit balance, and utilities expense has a $1,300 debit balance. edgar knows he needs to use an income summary account to close out these temporary accounts. what amount should he put down?
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Ответ:
20450
Step-by-step explanation: Plato gang
Ответ:
He should put down $20450.
Step-by-step explanation:
Since we have given that
Amount he received on cost of goods sold = $19000
Amount he received on supplies = $1500
Amount he received on interest expense = $1250
Amount he paid as utilities expense = $1300
According to question, Edgar knows he needs to use an income summary account to use an income summary account to close out these temporary accounts,
So, Amount he should put down is given by
Hence, He should put down $20450.
Ответ:
C
Step-by-step explanation:
C is the answer because dude just look at it. C is in the quadrant where both x and y axis is negative.
Hope This Helps You:)