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2 years ago

A company paid $500 cash for a new printer. the entry to record this transaction would include a ______ to cash.

Business

1 answer:

liraira [26]2 years ago

8 0

A company paid $500 cash for a new printer. the entry to record this transaction would include a Credit to cash.

To show that the supplier has received payment, the amount is deducted from their accounts payable account. It will thereafter be assigned to an invoice that is posted to the supplier's account. The business has paid for cash, and it has to be added to the cash asset account.

When a company pays a supplier cash but the money is not credited to a specific supplier invoice or the supplier has not yet received an invoice, a paid cash on account journal entry is required. Consider a scenario where a company requests design services and pays a provider $2,000 in cash.

Learn more About credit here:

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What would happen if the total fertility rates in developing countries were immediately reduced to 2.0? View Available Hint(s) W

egoroff_w [7]

Answer:

Continue to grow, but successively become stronger over the next 50-60 years.

Explanation:

The Total Fertility Rate is a mark of the total number of children born to a woman in her life spam.
Total Fertility Rate of about 2..0 means 2 children per woman in her life spam.

If a country reduces it up to 2.0 the country gets stable in a half-century because the population also depends on Total Mortality Rate.

It is highly beneficial for the country but its effect will found after many years.

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3 years ago

A rapidly growing small firm does not have access to sufficient external financing to accommodate its planned growth. Discuss wh

monitta

Answer:

Alternatives :

1. Bank Overdraft facility

2.Suppliers Credit

Cost determination :

1. Bank Overdraft facility = Interest rate charged on the facility by the bank

2.Suppliers Credit = Opportunity cost of losing the early settlement discount.

Explanation:

If the company can not access sufficient external financing, consider internal sources such as bank overdraft or suppliers credit.

The cost of bank overdraft is evaluated based on the interest rate charged by the bank whilst the cost of the suppliers credit is determined by considering the opportunity cost of losing the cash discount available.

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4 years ago

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KengaRu [80]

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4 years ago

A change in the asset turnover ratio from 2.0 to 1.8 would indicate: ____________

dem82 [27]

The decline in the value of the asset turnover ratio indicates an unfavorable trend in using assets to generate sales.

<h3>What is the asset turnover ratio?</h3>

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3 years ago

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2 years ago