subject
Business, 15.04.2020 03:52 erick6785

Aztec Company sold merchandise with a cost of $550 to a customer for $725 on account. Due to an error, no portion of this sale transaction was recorded in the accounting records. What effect will the failure to make the necessary entries have on the company's accounting equation?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 00:40
Select the statement that indicates tina's company is a partnership. tina jones is a dancer specializing in latin dance styles. she always wanted to have her own dance studio where she could teach dancing to young and old alike. in 2006, she opened her first dance studio, electric diva, in madison triangle. it was a great choice as a business location because it's well-connected by highways to most places in the city. she leased the space for three years. her initial investment included a good sound system, cheerful interior design, and strong flooring. to raise capital for the business, tina turned to her brother-in-law, philip. philip made half the financial investment. he manages the accounts and social media needs of the business. he has a 30% share in trisha's business. together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.
Answers: 1
question
Business, 22.06.2019 09:30
When you hire an independent contractor you don't have to pay the contractors what
Answers: 3
question
Business, 22.06.2019 10:30
The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.
Answers: 1
question
Business, 22.06.2019 16:00
Three pounds of material a are required for each unit produced. the company has a policy of maintaining a stock of material a on hand at the end of each quarter equal to 30% of the next quarter's production needs for material a. a total of 35,000 pounds of material a are on hand to start the year. budgeted purchases of material a for the second quarter would be:
Answers: 1
You know the right answer?
Aztec Company sold merchandise with a cost of $550 to a customer for $725 on account. Due to an erro...
Questions
question
Social Studies, 05.03.2021 17:30
question
Mathematics, 05.03.2021 17:30
question
Social Studies, 05.03.2021 17:30
Questions on the website: 13722361