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Cerrena [4.2K]
2 years ago
12

Need help with accounting. ASAP

Business
1 answer:
suter [353]2 years ago
7 0

The Journal entries are as follows

June 1

DR Cash 60,000

CR Capital Stock 60,000

<h3 /><h3>What is Journal Entry?</h3>

Journal entry is the debit and credit of accounts to balance the transactions and its two sided effects. This is the basic of Accounting and so have a great importance.

June 2

DR Aircraft 220000

CR Cash 40000

CR Notes Payable 180000

June 4

DR Rent expense 2500

CR Cash 2500

June 15

DR Accounts Receivable 8320

CR revenue 8320

June 15

DR Salaries Expense 5880

CR Cash 5880

June 18

DR Maintenance Expense 1890

CR Cash 1890

June 25

DR Cash 4910

CR Accounts Receivable 4910

June 30

DR Account Receivable 16450

CR Revenue 16450

June 30

DR Salaries Expense 6000

CR Cash 6000

June 30

DR Fuel Expense 2510

CR Accounts Payable 2510

June 30

DR Dividends 2000

CR Dividends Payable 2000The Journal entries are as follows

Learn more about Journal Entries at  brainly.com/question/26963089

#SPJ1

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In the BIG BUCKS LOTTERY, the chance of winning a $10 prize is 1%. What is your best guess about how many people would win a $10
3241004551 [841]

Answer:

The correct answer would be, 10 Persons.

Explanation:

If there are 1000 people in the Big Bucks lottery and there is a 1 percent chance of winning 10 dollars prize if all 1000 people buy the lottery ticket of 10 dollars. If every person buys 10 dollar lottery ticket, then the chances of winning people would be calculated as follows:

Total number of People = 1000

Chances of winning the lottery = 1%

So How many people would win 10 dollar lottery = 1000 * 1%

= 1000 * 0.01

= 10 People.

So there are chances that 10 out of 1000 people will win the lottery.

5 0
4 years ago
Read 2 more answers
Ashley's Coffee Shop makes a blend that is a mixture of two types of coffee. Type A coffee costs Ashley $4.30 per pound, and typ
Over [174]

Answer:

Ashley used 87 pounds of type B coffee

Explanation:

4.3a  + 5.9b = 749.80

a + b = 142

b = 142-a

4.3a  + 5.9(142-a) = 749.80

4,3a  + 5.9(142-a) = 749.80

4.3a  + 837.8 - 5.9a = 749.80

4.3a - 5.9a = 749.80 - 837.80

-1.6a= -88

a= -88 / 1.6 = 55

55  + b = 142

b=  142-  55 = 87

That is the way we get how many pounds of type B coffee Ashley used

8 0
3 years ago
Suppose that you want to recreate shulte's study in the great wicomico river and make nine reef complexes as shown above. you wo
anyanavicka [17]

Answer:

The best sampling protocol to be used here include <em><u>Random Sampling approach</u></em> to select sites on different reef types from several of the reef complexes.

Explanation:

Random sampling is a part of the sampling technique in which each sample has an equal probability of being chosen.

Simple random sampling is most appropriate when the entire population from which the sample is taken is homogeneous. The sample here is Oyster Density.

Another justification for the use of Random sampling is the size of the population. We are talking about nine reef complexes here. The advantages of a simple random sample include its ease of use and its accurate representation of the larger population.

Cheers!

5 0
3 years ago
Many companies monitor their​ employees' internet use and email. Why might they be doing​ this?
vlabodo [156]

Answer:

b) to reduce shirking

Explanation:

In this model, shirking is defined as a lack of employee work effort. An employee's tendency to give less than full effort represents shirking, with greater deviations from 100 percent effort representing greater levels of. shirking.

6 0
3 years ago
Concord Industries collected $105,000 from customers in 2019. Of the amount collected, $25,300 was for services performed in 201
Dmitrij [34]

Answer:

$31,200

Explanation:

Cash basis income recognition records transactions as per receipts and payments in cash and ignores the period they relate to. Cash basis of accounting is not in accordance with matching principle of accounting.

Cash basis of accounting is not recommended by either IFRS or US GAAPs since it overlooks the incomes earned and expenses incurred during a period.

In the given case, Net Income based upon cash basis would be computed as follows:

All cash receipts during the year 2019 - All expenses paid during the year 2019

= 105,000 - 73,800

= $31,200

8 0
3 years ago
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