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natta225 [31]
1 year ago
6

A consumer values a house at $525,000 and a producer/seller values the same house at $485,000. If the transaction is completed a

t $510,000, the transaction will generate
Business
1 answer:
Effectus [21]1 year ago
7 0

A consumer values a house at $525,000 and a producer/seller values the same house at $485,000. If the transaction is completed at $510,000, the transaction will generate error

<h3>What is transaction?</h3>

A financial transaction is a contract or communication between a buyer and seller to exchange goods, services, or assets in exchange for money. Any transaction involves a shift in the financial status of two or more businesses or individuals.

The total value of all transactions is divided by the number of transactions or sales to calculate the average transaction value. This can be calculated daily, monthly, or annually. As an example, sales of $200,000 for the year could be generated by ten sales or transactions.

The transaction date is the date on which any financial transaction takes place. The date when ownership changes in any financial transaction occurs on the transaction date.

To know more about transaction follow the link:

brainly.com/question/24835236

#SPJ4

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When a customer is venting their anger, they will be easier to deal with if you _____.
defon

Answer:

A resposta correta é A. reconheça a raiva deles e deixe-os compartilhar um pouco com você.

8 0
3 years ago
Wildcat Co. purchased, on open account, 4,000 pounds of direct materials at a total cost of $20,200. The standard cost of these
Pepsi [2]

Answer:

Explanation:

The pictures attached shows the full explanation

3 0
3 years ago
In the underground city of Neverwhere, GDP is $15 trillion, consumption is $10 trillion, and government spending is $2.5 trillio
9966 [12]

Answer:

$3 trillion

Explanation:

Given that,

GDP = $15 trillion

consumption = $10 trillion

Government spending = $2.5 trillion

Taxes = $1 trillion

Net capital inflow = $0.5 trillion

Investment:

= GDP - Consumption - Government spending + Net capital inflow

= $15 - $10 - $2.5 + $0.5

= $3 trillion

We know that savings is equal to investment spending.

Therefore, the total savings for the economy of Neverwhere is $3 trillion.

8 0
3 years ago
Which of the following statements is true of a trial​ balance?A.A trial balance has the same format as a balance sheet.B.A trial
seraphim [82]

Answer:

A trial balance presents data in debit and credit format.

Explanation:

There are two sections in the trial balance, called columns of debits and columns of credits. The total columns of debit and credit should always correlate or matched. The debit columns report assets and expenditures side while revenues stockholder equity, and the liability side are reported in the credit column.

4 0
2 years ago
Prior to the write off of a $500 customer account, Athena Company had the following account balances: Accounts receivable $19,60
Effectus [21]

Answer:

Net accounts receivable Before $18,600 and  After $18,600

Explanation:

solution

we know that here

net accounts receivable before write-off  

Accounts Receivable = $19,600  

and Allowance for doubtful debt = $1,000

so Net accounts receivable =  $19,600 - $1,000 =  $18,600

so

Journal Entry for write off is here    

Allowance for doubtful Accounts = $500

Accounts Receivable = $500

and

Net accounts receivable after write off is    

Accounts Receivable= $19,100

and

Allowance for doubtful debt= $500  

so Net accounts receivable = $19,100 - $500

Net accounts receivable = 8,600

so Net accounts receivable Before $18,600 and  After $18,600

6 0
3 years ago
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