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OLga [1]
1 year ago
11

Sana gill deposited $3,500 into a new business checking account to begin her new bookkeeping firm, gill bookkeeping. this busine

ss transaction would:__________
Business
1 answer:
OLga [1]1 year ago
4 0

Sana Gill deposited $3500 into a new business checking account to begin her new bookkeeping firm, Gill Bookkeeping. This business transaction would increase the company's cash, and increase Sana Gill's Capital.

<h3>A business transaction is what?</h3>

A financial exchange of commodities, money, or services between two or more people is referred to as a business transaction. A commercial exchange must have a measurable monetary value in order to be considered a transaction for accounting purposes. Business dealings will have an impact on the company's finances.

A long-term service contract might be as complicated as a business transaction, or it can be as simple as a cash purchase. The following requirements must be met for a transaction to qualify as a commercial transaction:

  • The deal can be valued financially.
  • The company and the third party engage in the transaction.
  • The deal is made on behalf of the company and not for a person's personal benefit.

To know more about "Business transaction" , visit : brainly.com/question/19512243

#SPJ4

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Jennifer Searcy, a single mother, has three dependent children. As of December 31, 2018, their ages were as follows: Sydney (7),
Eddi Din [679]

Answer:

Child Tax Credit is given to taxpayers for each qualifying dependent child who is below 17 years old at the end of the tax year. The Child Tax Credit amount is $2000 per qualifying dependent. So here, Jennifer has two qualifying dependent child Sydney and Patrick who are under 17 before the end of the tax year. JoAnna does not qualifies for Child Tax Credit as her age is above 17 years for the tax year. So the total Child Tax Credit amount to Jennifer is $4000.

Option 4 is correct.

4 0
2 years ago
A property has a restriction dating back to the 1920s that limits the sale of the property to persons of a particular race. The
Bezzdna [24]

The restriction on the building to prevent sale to persons of a particular race means it is unenforcable but the sale can go through.

Restrictions like this are unconstitutional because it is promotes discrimination of some race.

  • Also, it is also unconstitutional to enforce a racially restrictive covenant although the existence does not prevent the conveyance going through.  

.

  • Hence, the restriction on the building to prevent sale to persons of a particular race means it is unenforcable but the sale can go through

Therefore, the Option C is correct.

Missing options includes <em>"A. valid and enforceable B. unenforceable so the contract is void C. unenforcable but the sale can go through D. enforceable if the buyer agrees"</em>

<em />

Read more about House agreement

<em>brainly.com/question/1860153</em>

7 0
2 years ago
In early 2018 businesses bought more inventory, increasing GDP. What would happen
puteri [66]

Answer:

If a company increases its final goods inventory level, that will increase the country's GDP even if the goods are not sold during the current period (they will be sold in future periods). Increases in inventory level are considered part of Investment component of the GDP.

If the inventories are not sold during the year (2018) and if they continue to be  unsold during part of 2019, that will negatively affect the GDP because fewer goods will be purchased to replenish these inventories and the market price of the goods will also decrease. The market price of goods is determined by the supply and demand. If the supply is much higher than the demand and inventories start to pile up, their price will decrease in order to increase the quantity demanded. If the volume of the goods in inventory is significant enough, this should lower the inflation rate.

4 0
2 years ago
Zimway is a small manufacturer of linen. Couture Smart, a big apparel brand buys linen from Zimway in large quantities. Zimway,
harkovskaia [24]

Answer: Buyer dependency

Explanation: Buyer dependency refers to the situation when the supplier of a commodity is heavily dependent on one or two buyers for operating effectively in the market. This situation is common to those organisations that do business to business sales operations.

In the given case, Zimway made a majority of sales to couture and the other buyers purchase from it in small quantities.

Hence, from the above we can conclude that this case illustrates Buyer dependency.

6 0
3 years ago
Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a s
Nostrana [21]

Answer:

Check the explanation

Explanation:

                                                                                May                  June

Budgeted sales                                                    10800               14400

                                                                                (600*18)      (800*18)

Less: cost of good sold                                         5970                7960

                                                                             (9.95*600)    (9.95*800)

Gross margin                                                          4830                6440

Less: Operating expenses  

Selling expenses (6%*Sales)                                  648                  864

Fixed administrative expenses                              1200                 1200

Total operating expenses                                      1848                 2064

Budgeted Net Operating Income                          2982                 4376

 

 

Unit product cost  

Material                                                           $4  

Direct labor (9*.3)                                           2.7  

Variable manuafcturing overhead                1.25  

Fixed overhead                                               2  

Unit product cost                                          $9.95  

4 0
3 years ago
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