Alicia Tax Services paid $690 to settle an account payable. Which of the following general journal entries will Alicia Tax Services make to record this transaction? Multiple Choice Debit Office supplies expense, $690; credit Cash, $690. Debit Cash, $690; credit Office supplies, $690. Debit Office supplies, $690; credit Cash, $690. Debit Office supplies, $690; credit Accounts payable, $690. Debit Accounts payable, $690; credit Cash, $690

Answers

Answer 1

The general journal entries that  Alicia Tax Services will make to record this transaction is :Debit Accounts payable, $690; credit Cash, $690.

Based on the information given since Alicia Tax Services paid the amount of  $690 to settle an account payable which means that the appropriate journal entry to record the transaction will be:

Debit Accounts payable $690

Credit Cash $690

(To record account payable)

Inconclusion the general journal entries that  Alicia Tax Services will make to record this transaction is :Debit Accounts payable, $690; credit Cash, $690.

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Related Questions

It is important for the salesperson to pay close attention to the buyer's interests during the need discovery phase to:

Answers

Based on business strategy, the salesperson needs to pay close attention to the buyer's interests during the need discovery phase to "uncover the dominant buying motives."

What is the Need Discovery Phase?

The need discovery phase is when firms or salespeople try to understand the motives of the consumers, their needs, and requirements.

As a salesperson, knowing why the buyer or consumer wants to buy a product will give you an edge to know how to market your products to the consumer.

Hence, in this case, it is concluded that the correct answer is "uncover the dominant buying motives."

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Structural unemployment results when the number of jobs is insufficient for the number of workers. True False

Answers

Structural unemployment is a longer-lasting form of unemployment caused by fundamental shifts in an economy and exacerbated by extraneous factors such as technology, competition, and government policy. Structural unemployment occurs because workers lack the requisite job skills or live too far from regions where jobs are available and cannot move closer. Jobs are available, but there is a serious mismatch between what companies need and what workers can offer.

Kane manages a used bookstore. He reads a report advising him to stock
more encyclopedias. However, the report is mistaken; customers in Kane's
town hardly ever buy encyclopedias. What problem could this mistake cause?
A. The report could be difficult for Kane to understand.
O B. The bookstore could run out of inventory.
C. The bookstore's reputation could be damaged.
D. The bookstore could lose money if customers buy less than
expected.
SBSM

Answers

Answer:

I would say that the answer is D. If he knows that people don't buy encyclopedia's, yet he stocks them, the store could lose money because no one would buy it.

Explanation:

Hope this helps. :D

The bookstore could lose money if customers buy less than expected, is the problem Kane would face by this mistake. Thus, option D is correct.

What is encyclopedia?

Throughout its lengthy history, the definition of the word "encyclopedia" has undergone significant alteration. Most people today imagine an encyclopedia to be a multivolume compilation of all knowledge, complete with maps, a thorough index, and a variety of ancillary materials like bibliographies, illustrations, lists of abbreviations and foreign words, gazetteers, etc.

They assume that it will contain biographies of important people from the past and the present, and that the alphabetically arranged contents will have been written in their own language by a large number of people and edited by a highly qualified and scholarly staff; however, none of these components have remained constant over time.

Therefore, we can conclude that option D is correct.

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buy now pay later catalogs for people with bad credit

Answers

According to credit facilities providers, the buy now pays later catalogs for people with bad credit include Ashro, Boscovs, Country Door, Fingerhut, etc.

What is Buy now Pays later?

Buy now Pays later is another name for credit facilities. It is an agreement between borrowers and lenders to get goods or services now in exchange for a commitment to pay at an agreed later time.

There are various Buy now Pays later providers. Some of them include:

FlexshopperBradford ExchangeLeasevilleHSN, etc.

Hence, in this case, it is concluded that various Buy now Pays later providers are out there.

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4. Economists measure opportunity cost
A. only when it is on the margin.
B. as the best thing given up.
C. as the sum of all forgone opportunities.
D. as the same as marginal benefit.

Answers

Answer:

Option A is the correct answer.

A business is having trouble keeping up with the competition. They cannot
respond to their customers like the competition. Which type of system will
likely be able to help them solve this issue?
A. Transaction processing system
B. Management communication system
C. Management information system
D. Decision support system

Answers

Answer:

D

Explanation:

something people buy to protect themselves from losing a lot of money in the event something happens to them or their property is known as:

Answers

Answer:

it is known as: Insurance

Which it visionary and ceo revolutionized how we communicate with his company named after a fruit?

Answers

Steven P. Jobs, the visionary co-founder of Apple who helped usher in the era of personal computers and then led a cultural transformation in the way music, movies and mobile communications were experienced in the digital age, died Wednesday. He was 56. The death was announced by Apple, the company Mr.

Can some people give me free adopt me pets? Just put in your user and I'll add u

Answers

Answer:

U can have my fly ride neon unicorn

Explanation:

56. How do most states finance their capital budget?
a. sales or excise taxes
b. long-term borrowing or sale of bonds
c. income and property taxes
d. personal property or inheritance taxes

Answers

Long term borrowing!!
B long term borrowing or sale of bonds !!

What is a product mix ?

Answers

Full set of products

In a _____, the factors of production are owned collectively rather than individually, and no incentives to work harder or to produce quality products are provided.

Answers

Considering the style of government, in a socialistic economic system, the factors of production are owned collectively rather than individually, and no incentives to work harder or produce quality products are provided.

What is Socialism?

Socialism is a style of government that operates so that the community owns all the properties, and every individual receives equally the economic resources allocated by the government.

Therefore, equal sharing reduces the incentives to work harder or produce quality products.

Hence, in this case, it is concluded that the correct answer is "Socialistic Economic system."

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The ________ section of an informal proposal may include a request for approval or authorization, a reminder of key benefits, and a deadline beyond which the offer is invalid.

Answers

the answer is “conclusion”

The conclusion section of an informal proposal may include a request for approval or authorization, a reminder of key benefits, and a deadline beyond which the offer is invalid.

What is the conclusion?

The conclusion is the concluding portion of an academic essay. The conclusion should restate your response to the query and succinctly summarize major points. There aren't any fresh ideas or details in it.

If your essay is very extensive, you could need two or three paragraphs to close. A conclusion is the last paragraph of your essay. Usually, a conclusion does one of two things, but it can, of course, do both: the argument is summarized. Some professors anticipate that your conclusion won't include any fresh information.

A strong conclusion section should analyze how well the research objectives were met, provide a comprehensive answer to the issue statement, contrast the findings with the theoretical framework, identify areas that need more investigation, and accept or reject the developed hypothesis.

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If the dollar amount of total return on your mutual fund is $165 and the original cost of your investment is $1,200, then what is your percentage of total return

Answers

Answer:

% 70

Explanation:

what is the first thing you should do when you open an account

Answers

Answer : consider how much money you will add in your account and start saving up money

Explanation :

what functions are performed through the up/down buttons on 2022 versa’s available advanced drive-assist® display?

Answers

In 2022 Versa’s available Advanced Drive-Assist Display, the functions that can be performed by using the up/down buttons include the following:

To highlight multiple items on the menu screen.To use some primary screens in accessing available secondary screens.

Nissan is an automobile manufacturing company that designs and develop various automobile vehicles such as:

Nissan AltimaNissan PrimeraNissan AlmeraNissan Sentra Nissan Versa

In 2022 Versa’s available Advanced Drive-Assist Display, the functions that can be performed by using the up/down buttons include the following:

1. To highlight multiple items on the menu screen.

2. To use some primary screens in accessing available secondary screens.

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One method used by some analysts to estimate the future value of a stock is the dividend growth model. This model would probably be most useful in the case of A) a small-cap stock B) a AAA corporate bond C) a preferred stock D) a large-cap stock

Answers

Answer:

I am sure that it is D. a large cap stock

Explanation:

Large cap stocks already have a positive growth sentiment and

based on how much dividends are paid out they can estimate the future

value of a stock.

When a special assessment is calculated, each parcel of real estate that will benefit from the improvement is

Answers

A special assessment is a charge for a public improvement that will provide a benefit to a real estate parcel. State law permits the use of special assessments to recoup the costs of a variety of City services. All revenues collected through an assessment can only be used on expenditures directly related to the public improvement.

Company Z understands that their business is at risk. How can they use step two in the
Decision Making Process to reach their end goal of increasing sales and customer satisfaction?

Answers

Company Z can use step two in the decision-making process to achieve its ultimate goal of increasing sales and customer satisfaction by gathering the relevant information about a decision.

Step two of the decision-making process corresponds to gathering relevant information after the decision has been identified. At this stage, internal and external work is necessary, analyzing the errors and successes related to a past decision.

Therefore, it is necessary for company Z to seek information from different sources, such as the results of previous decisions, studies, market research and consultancy, to ensure greater chances of a decision being effective.

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What is the surface area of the Ceral box?
Hight is 30 width is 20 side width is 5

Answers

Answer:

The surface area of the ceral box is 1,500u².

Explanation:

2(30 × 5)+2(30 × 20)= 1,500

30 × 5 = 150

30 × 20 = 600

150 × 2 = 300

600 × 2 = 1,200

1,200 + 300 = 1,500

There's your answer, hopefully it's correct!

7. A decrease in supply will result in which of the following?
A. Demand changes.
B. Supply changes.
C. Both demand and supply change.
D. Either demand or supply change (or both).

Answers

Explanation:

C. Both demand and supply change

Answer:

It can be both of the demand and supply change.

PLEASE HELP !!!!!!!!

Answers

Answer:

Angel do not share in the profit of the business.

No need for collateral .

if ford mustang costs $30,000 in the us and 40,000 pounds in the uk and the current exchange rate between pound and dollar is $1.2 per pound, then according to ppp pound is ______ and should ________.

Answers

Based on the information given, it can be deduced that according to ppp, pound is overvalued and should depreciate.

Purchasing power parity (PPP) simply means the idea that goods in a country will be the same cost in another country once their exchange rate is applied.

From the information given, since Ford Mustang costs $30,000 in the us and 40,000 pounds in the uk and the current exchange rate between pound and dollar is $1.2 per pound, then, pound is overvalued and should depreciate.

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The President of PDQ Corporation buys PDQ shares in the open market. After holding them for 3 months fully paid, the President wishes to sell the shares. The shares can be sold:

Answers

There are different ways to share shares. The shares can be sold immediately.

In a sale of shares, a company's shareholders often sell the shares that is entitling ownership of the company to a specific buyer. In the transaction, all the rights and responsibilities that pertains to the ownership of shares are transferred to the buyer.

Note that as long as the 6-month holding period needed has fulfilled on the restricted shares, and therefore, when they are donated, the charity can sell the shares immediately. There is therefore no need for another 6-month holding period be taken again.

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The President of PDQ Corporation buys PDQ shares in the open market. After holding them for 3 months fully paid, the President wishes to sell the shares. The shares can be sold:

A. immediately

B. after holding the securities for an additional 3 months

C. after holding the securities for an additional 6 months

D. after holding the securities for an additional 1 year

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why do many people have a fraught relationship with money?

Answers

Answer:

They often put their wants before their needs

Zach is looking for a homeowners insurance policy for his new house. AAA Insurance company has offered him a plan that insures his home annually for $0.36 per $100 of value in the home. In order to make calculations easier, Thompson’s Insurance lists their annual homeowners insurance premium a bit differently, at $3.63 per $1,000 of value in the home.
Zach’s house is worth $289,000. What should Zach be thinking as he chooses between the two insurance companies?
a.
$3.63 per $1,000 is approximately the same as $0.36 per $100. The premiums for the two insurance companies will be the same.
b.
The annual premium for his house would be cheaper through AAA.
c.
The annual premium for his house would be cheaper through Thompson’s.
d.
Since the two insurance companies list their premiums differently, the two cannot be compared.

Answers

Answer:

B

Explanation:

just did the test and got it right

A chicken farmer can produce one crate of eggs at a cost of $9. 86, and can sell that crate for $34. 24. If the farmer has a starting overhead cost of $7,312, not including production costs, how many crates must be sold in order to realize a profit of $11,300, to the nearest crate? a. 164 b. 330 c. 463 d. 763.

Answers

Based on the equation used, the number of crates that must be sold in order to realize the profit is 763 crates.

Let the number of crates be represented by x.

Based on the information given, the equation to solve the question will be:

(34.24 × x) - (7312 + 9.86x) = 11300

34.24x - 7312 - 9.86x = 11300

34.24x - 9.86x = 11300 + 7312

24.38x = 18612

x = 18612 / 24.38

x = 763

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If Kevin is currently insured under Leroux for his medical insurance under Plan A, how will the proposed changes affect his health care costs? a. Costs for regularly scheduled health care will go down, but Kevin may end up paying more if he finds himself seriously ill or injured. B. Costs for regularly scheduled health care will go up, but Kevin will probably pay less than he would have if he finds himself seriously ill or injured. C. Both the cost for regularly scheduled health care and the cost for emergency health care will go down, making the changes very good for Kevin. D. Both the cost for regularly scheduled health care and the cost for emergency health care would go up, contradicting the intentions of Leroux Insurance.

Answers

Considering the case, of Kelvin, if he currently insured under Leroux for his medical insurance under Plan A, then, Costs for regularly scheduled health care will go down, but Kevin may end up paying more if he finds himself seriously ill or injured.

What is health insurance?

Health insurance can be regarded as the type of insurance that cover hospital visits as well as prescription drugs and wellness care.

Most health insurance do cover some other range of services such as cosmetic procedures and beauty treatments.

Since, Kelvin is currently insured under Leroux, then Costs for regularly scheduled health care will go down.

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Answer:

A!!!!!!!

Explanation:

Just believe me I got this

Which form of media advertising has seen the sharpest decline in the United States over the last 15 years

Answers

The form of media advertising that has seen the sharpest decline in the United States over the last 15 years is the Newspaper.

The Newspaper used to be very common in the past. It was the most common means of reaching the bigger audience. Apart from its use as a medium of carrying the happenings in the society, it also served as a means of advertising.

The decline in the use of the Newspaper today is partly due to the riser in the use of electronic media. People have moved on past the age of Newspaper. Most topics are now discussed electronically especially through the social media.

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Indicate whether each of the following is used in the calculation of the official poverty measure, the Supplemental Poverty Measure, or both. (2 points)
Official Poverty Measure
Supplemental Poverty Measure
Both
food costs
O
O
housing costs
o
O
o
utilities costs
o
O
о о
clothing costs
O
O

Answers

The Official Poverty Measure is used to estimate numbers of people unable to afford basic needs with little or no government assistance

The Supplemental Poverty Measure is used to measure the economic deprivation, that is, people having insufficient financial resources to achieve a specified standard of living.

The official poverty measure is based on cash resources while the Supplemental Poverty Measure is based on both cash and noncash benefits and subtracts necessary expenses.

The cost including food costs, housing costs, utilities costs and clothing costs are elements used in calculation of the Official poverty measure and Supplemental Poverty Measure.

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Answer:

Clothing Costs: Supplemental Poverty Measure
Food costs: Both
Housing costs: Supplemental Poverty Measure
Ultilities cost: Supplemental Poverty Measure

Explanation:
I litterally made a brainly account just to give this answer you best believe its right

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Consider the need to insulate a flat wall using three different insulating materials, each having the same thickness. The materials have constant thermal conductivities, k, of 1, 2, and 3 Wm-1 K-1 . You are asked to advise workers on the proper installation order of the three materials so that the final composite will be the most effective at reducing heat loss from the wall. Which statement is true Select whether each sentence is true (vrai) or false (faux).1. LOttawa est la plus grande province du Canada.vraifaux2. Le Qubec est la province francophone la plus importante du Canada.vraifaux3. Aux tats-Unis, on parle franais dans plusieurs communauts prs de la frontire canadienne et en Louisiane.vraifaux4. Montral est la capitale et la plus grande ville de la province du Qubec.vraifaux5. Plus de 25 % de la population du Canada habitent au Qubec.vraifaux Question 1 of 10The two lines graphed below are parallel. 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