subject
Business, 25.02.2020 19:36 russboys3

The beginning balance of Supplies for Lu Inc. was $900. During the year, additional supplies were purchased for $450. At the end of the year a count indicates $700 of supplies on hand. The adjusting entry at December 31 is:.
a. debit supplies $650; credit supplies expense $650
b. debit supplies $450; credit supplies expense 450
c. debit supplies expense $650; credit supplies $650
d. debit supplies expense $250; credit supplies $250

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:30
On average, someone with a bachelor's degree is estimated to earn times more than someone with a high school diploma. a)1.2 b)1.4 c)1.6 d)1.8
Answers: 1
question
Business, 22.06.2019 15:00
Match the terms with the appropriate definition. 1. work done for pay job 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience career 3. buying or selling products and services using the internet mediation 4. wage amount after deductions are withheld net wage 5. a way a person chooses to live his or her life e-commerce 6. the people who are both able and willing to work technology 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age discrimination 8. the act of sharing information lifestyle 9. the use of a third party to make suggestions workforce 10. knowledge and tools used to perform tasks communication
Answers: 2
question
Business, 23.06.2019 01:50
You are looking at a one-year loan of $16,500. the interest rate is quoted as 8.7 percent plus two points. a point on a loan is 1 percent (one percentage point) of the loan amount. quotes similar to this one are common with home mortgages. the interest rate quotation in this example requires the borrower to pay two points to the lender up front and repay the loan later with 8.7 percent interest. what rate would you actually be paying here?
Answers: 3
question
Business, 23.06.2019 02:00
Which of the following is the best example of substitution? a. movie producers begin making more comedies because they cost less to make than action films. b. people walk out before the end of a movie because the acting and the plot are terrible. c. people at the movie theater switch from popcorn to candy because popcorn has gotten too expensive. d. more people begin going to matinee movies instead of night movies to save money on the tickets.
Answers: 2
You know the right answer?
The beginning balance of Supplies for Lu Inc. was $900. During the year, additional supplies were pu...
Questions
question
Mathematics, 17.06.2021 15:50
question
Mathematics, 17.06.2021 15:50
Questions on the website: 13722363