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LuckyWell [14K]
2 years ago
11

The following transactions were selected from among those completed by Hailey Retailers in the current year:

Business
1 answer:
natali 33 [55]2 years ago
6 0

The appropriate journal entry for each of these transactions,

Date                         Journal entry                        Debit                    credit

Nov 20                Cash    a/c                                441

                           credit card discount                  9

                         To sales revenue                                                        450

Nov 25        Accounts receivable                      2800

                    To sales receivable                                                   2800

Nov 28        Accounts receivable                 7200

                    To sales receivable                                               7200

Nov 30        Sales return                            600

                To account for receivable                                           600

Dec 06      Cash                                         6468

                  sales discount                         132

                 To accounts receivable                                   6600

Dec 30      Cash                                          2800

                 To accounts receivable                                   2800

Net sales:450+2800+7200-600-132

              = 9718

Examples of transactions are as follows: Paying a provider for offerings rendered or goods introduced. Paying a vendor with cash and a note so one can obtain ownership of assets formerly owned by the seller. Paying an employee for hours worked.

A transaction is a finished settlement between a client and a seller to exchange items, offerings, or monetary property in going back for cash. The term is also commonly utilized in company accounting. In business bookkeeping, this simple definition can get complex.

A cash transaction is the immediate charge of coins for the acquisition of an asset. some market stock transactions are considered cash transactions although the exchange might not settle for some days. A futures agreement isn't always considered a cash transaction.                

Learn more about transactions here brainly.com/question/5007419

#SPJ4

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Answer:

-$2.24

Explanation:

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Weighted average common shares outstanding = (Outstanding common shares ÷ 2) - (Treasury shares × 4 months ÷ 12 months) + (Issued shares × 2 months ÷ 12 months)

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= 111,933.34

Net Income Available to Common Stockholders = Net loss - Number of shares × Par value × Shares percentage

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= -$2.24

Therefore for computing the earning per share we simply applied the above formula.

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Consider the following information: Portfolio Expected Return Beta Risk-free 6 % 0 Market 10.2 1.0 A 8.2 1.4 a. Calculate the re
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Answer:

a. The return predicted by CAPM for a portfolio with a beta of 1.4 is 11.88%

b. The alpha of portfolio A is -3.68%

Explanation:

The formula for computing the return by Capital Assets Pricing Method (CAPM) model.

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= 0.06 + 1.4 × 0.042

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= 0.1188

= 11.88 %

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b. The alpha should be = Portfolio expected return - expected return

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                                      = -3.68%

Thus, the alpha of portfolio A is -3.68%

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