Answer:
Cash collected in January = $240000
Cash collected in February = $30000
Cash collected in march = $10000
Explanation:
We have given that Noteman company has credit sales of January = $60000
It is given that 40% is collected in the month of sale
So cash collected in January 
Cash collected in February 
Cash collected in march = 
Answer:
cost of goods purchased= $950
Explanation:
Giving the following information:
Larkspur Co. had cost of goods sold of $3,100.
Beginning inventory was $3,200
Ending inventory was $1,050
<u>To calculate the purchases, we need to use the following formula:</u>
COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
3,100 = 3,200 + cost of goods purchased - 1,050
cost of goods purchased= 950
Answer:
the level of pollution at which the marginal social cost of pollution is equal to the marginal social benefit of pollution.
Explanation:
Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.
Generally, it has been proven beyond reasonable doubt that pollution is undesirable to living organisms such as humans, plants and animals in an environment.
Furthermore, we know and agree that social welfare of the people living across the world is increased by reducing pollution.
Hence, the optimal level of pollution in a society is the level of pollution at which the marginal social cost of pollution is equal to the marginal social benefit of pollution.
Answer:
D. Justice Theories
Explanation:
Justice theories just like straw men approaches is a philosophical approach to business ethics. It focuses on fair and equitable. Justice theories is more concerned with attainment of just distribution of economic goods and services.
Strawmen approaches on the other hand either choose to deny the value of business ethics or apply the concept in an unsatisfactory manner. It offers inappropriate guidelines for ethical business decision making in multinational enterprise. Some of the approaches included Friedman doctrine, cultural relativism, righteous moralist and naive immoralist.
Answer:
book error
Interest earned on checking account
collections of accounts receivable by the bank
Explanation:
The Bank reconciliation refers to the rectifying of the statement that works with the bank statement balance and the passbook balance The purpose is to equate these both statements to allow the company to work efficiently and efficient manner
As There are different transactions i.e bank error, NSF check, deposit in transit , etc that depend upon which type of statement it is due to this, the balance of the bank statement and the balance of the cash statement do not match. We modify the transactions accordingly so that these statements should be matched with each other
In order to adjust the book balance we required three items i.e book error, interest earned on checking account and the account receivables collection done by the bank
