Given answer financial accounting question

Consider the following event: Purchased a truck by paying cash. Which of the following combination of changes in the accounting equation describes the given event? a. Liabilities decrease; Owners' equity increase b. Assets decrease; Liabilities decrease c. Assets decrease; Owners' equity decrease d. Assets increase; Assets decrease e. Assets increase; Liabilities increase f. Assets increase; Owners' equity increase

During the month of March, Neji Company used $32,800 of direct materials and incurred $46,100 of direct labor costs. Jacob applied overhead to products in the amount of $21,900. If the cost of goods manufactured was $138,000 and the ending work in process balance was $23,600, the beginning work in process must have been equal to _.

What is the net profit

Provide correct answer general Accounting question

Atkins Company collected $1,750 as payment for the amount owed by a customer from services provided the prior month on credit. How does this transaction affect the accounting equation for Atkins? a. Assets would decrease by $1,750 and liabilities would decrease by $1,750. b. One asset would increase by $1,750 and a different asset would decrease by $1,750, causing no effect. c. Assets would increase by $1,750 and equity would increase by $1,750. d. Assets would increase by $1,750 and liabilities would increase by $1,750. e. Liabilities would decrease by $1,750 and equity would increase by $1,750.

International

Photo Framing's cost formula for its supplies cost is $1,975 per month plus $24 per frame. For the month of November, the company planned for activity of 642 frames, but the actual level of activity was 623 frames. The actual supplies cost for the month was $17,250. The variance for supplies cost in November would be _.

None