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3 years ago

A journal entry that debits Raw Materials and credits Accounts Payable is recording the ______.

1 answer:

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When you see a journal entry that leads to a debit of Raw Materials and a credit of Accounts Payable, this is a<u> C. purchase of materials. </u>

<h3 /><h3>What happens when materials are purchased?
</h3>

As materials are an asset, the raw materials account will be debited to show that raw materials are increasing.

If the Accounts Payable is credited, it means that it is increasing as well because it is a liability. The transaction was therefore done by buying the materials on credit.

In conclusion, option C is correct.

Find out more on raw materials purchases at brainly.com/question/26446159.

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On January 1, Year 1, Samuel Company leases equipment from Lease Corp. The lease agreement specifies five annual payments of $50

Marrrta [24]

Answer:

Cash (Dr.) $50,000

Lease Receivable (Cr.) $50,000

Explanation:

Lessor is the person who leases the item to gain financial benefit from the asset user lease. Lessee is a person who uses the assets but does not owns it so he pays lease rentals. In the given scenario the lease recoding at inception in the lessor books will be cash debit and lease receivable credit.

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3 years ago

Bramble Corp. has current assets of $1490000 and current liabilities of $820000. If they issue $175000 of new stock what will th

crimeas [40]

Answer:

New Current ratio will be 1.82

Explanation:

Current assets = $1,490,000

Current liabilities = $820,000

New stock issued = $175000

Current Ratio = Current Assets / Current Liabilities

Current Ratio = $1,490,000 / $820,000

Current Ratio = 1.8171 = 1.82

New Stock issue will not effect the current ratio as current ratio only deals the current assets and current liabilities ( as given in formula above ). Any equity transaction will not effect this ratio.

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3 years ago

GAME DESIGN HELP!!! WILL MARK BRAINLIEST

OLga [1]

Question 1- First Person- First person<span> in a video game is when you see through the eyes of the protagonist. </span>
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3 years ago

When she was in college, Jammie Thomas-Rasset wrote a case study on Napster, the online peer-to-peer (P2P) file-sharing network,

andrezito [222]

Answer:

1. Is Thomas-Rasset liable for copyright infringement? Yes he is liable for copyright infringement. What action did Thomas-Rasset have to take in order to share twenty-four copyrighted songs available for distribution on KaZaA?

-shared her downloaded music files using kazaa

2.Is file sharing always prohibited?NO

3. File sharing is prohibited _____.

when it is used to download and store ---copyrighted music

4. Did Jammie share copyrighted music?YES

5.Sharing copyrighted music constitutes infringement under the

- copyright act

6. Can Thomas-Rasset remedy her wrongful conduct by replacing her hard drive?NO

7.Why or why not? The illegal file sharing WAS already done.

8.Who is an innocent infringer? A person who IS NOT aware and had no reason to believe that his or her acts constituted copyright infringement.

9. Was Thomas-Rasset an innocent infringer? NO

10. Why? She had written a case study on Napster and knew file sharing was WRONG.

11.Did Thomas-Rasset help her case by replacing her hard drive to conceal her acts?B. NO

12. Was Thomas-Rasset’s act of replacing her hard drive ethical?NO

13. The civil remedies of A. INJUCTION and B. DAMAGES are available to the owners of the copyrighted songs.

14. Would a court likely find Thomas-Rasset reliable for copyright infringement? YES

15. WHAT IF THE FACTS WERE DIFFERENT?What if Thomas-Rasset had not shared files, but rather used digital samplings in her college project presentation? Would that have possibly changed the result?YES

16. Why?A.Some courts have not found digital sampling illegal. B. Thomas-Rasset's use was fair use for educational purposes.

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3 years ago

The advantages of using typedef do not include:a. Making programs more portable by allowing data types to be easily changed to m

Kryger [21]

Answer:

d. Increasing the efficiency of accessing struct member variables.

Explanation:

In the programming language C and C++ there is a keyword i.e typedef that function is to provide a new name. It is to be used to develop an extra name for the other data type but it does not develop a new data type

Here the advantage of using typedef is as follows

1. It allows the data types for meeting the specifications of the system

2. The name would become shorter

3. Readable program

but it does not increase the efficiency

Hence, the last option is correct

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4 years ago