1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
prisoha [69]
1 year ago
8

jackson's programming paid its june rent of $500 cash. demonstrate how to use the accounting equation to record the transaction

by completing the following sentence. jackson would decrease (expenses/cash/revenues) and increase (expenses/equity/revenues) in the accounting equation.
Business
1 answer:
Irina-Kira [14]1 year ago
7 0

Answer: Jackson would decrease CASH and increase EXPENSES in the accounting equation.

Explanation: Jackson would lose cash by spending his money and his Living expenses will also rise along with it.

You might be interested in
DM Corporation has provided you with the follwing budgeted income statement for one of its products:
Arturiano [62]

Answer:

A) operating income decreases by $84,000

Explanation:

Sales $700,000  ⇒ ELIMINATED, SINCE THE PRODUCTS WILL NOT BE SOLD ANYMORE

Variable Expenses ($430,000)   ⇒ ELIMINATED, SINCE THE PRODUCTS WILL NOT BE SOLD ANYMORE

Fixed Expenses ($310,000)   ⇒ REDUCED BY 60% TO ($124,000)

Operating Loss ($40,000)  ⇒ INCOME WILL DECREASE IN TOTAL BY $124,000

Since the total decrease income will be $124,000, that represents = $124,000 (unavoidable fixed costs) - $40,000 (current loss) = $84,000 in additional losses

5 0
4 years ago
How can an employer help develop a strong work ethic into an employee?
lukranit [14]
It’s the second one about practice you nerd
5 0
3 years ago
In a recent monthly management meeting, your boss mentions that he noticed a decline in open rates. he suggests that you look up
postnew [5]
<span>When your boss suggests to you to look up the best time to send emails, you should be agreeable as a response. Cause firstly, he is your boss, he needs to know that you are open minded for any suggestions that make your work more efficient than before. Secondly, yes, knowing the best time to send emails will make your work life easier and higher response rate.</span>
4 0
3 years ago
In the PMBOK, the logical groupings of the five project management processes to achieve specific project objectives are called t
cupoosta [38]

In the PMBOK, the logical groupings of the five project management processes to achieve specific project objectives are called the:  project management process groups.

<h3>What are the Project Management Process Groups?</h3>

The project management process groups consist of five groupings known as initiating, planning, executing, monitoring, and closing.

The initiating stage is the stage where the basics of the project are thought out. The planning stage entails structuring the project.

After this, the plan is executed, monitored for progress, and finally closed.

Learn more about the Project Management Process Groups here:

brainly.com/question/8603302

7 0
3 years ago
Pacific Cruise Lines is a defendant in litigation involving a swimming accident on one of its three cruise ships.
tino4ka555 [31]

Answer:

See attached accounting entries.

Explanation:

For question 1, the likelihood of a payment occurring is probable, the is chance that Pacific Cruise Lines will pay liability as such estimated amount of $1.29 million should be set aside.

For question 2, the likelihood of a payment occurring is probable, the is chance that Pacific Cruise Lines will pay liability as such estimated maximum amount of $1.29 million should be set aside.

For question 3, the likelihood of a payment occurring is reasonably probable, the is chance that Pacific Cruise Lines will pay liability as such estimated amount of $1.29 million should be set aside.

For question 3, the likelihood of a payment occurring is remote, that is, there little relationship with this case that cause Pacific Cruise Lines being liable to pay as such potential amount of $1.29 million should be set aside.

Download xlsx
3 0
3 years ago
Other questions:
  • Monetary and fiscal policy making that is carried out in response to a pre-set rule and does not respond to changes in economic
    15·1 answer
  • For years, many U.S. corporations made cameras. Today; however, most cameras sold in the United States are imported from Japan a
    7·1 answer
  • Frankfort Corporation purchases an investment in Bradley, Inc. at a purchase price of $9.8 million cash, representing 40% (at bo
    8·1 answer
  • During recessions, taxes tend to
    7·1 answer
  • Earnings per share: Select one: a. Will always be lower than the dividend paid per share b. Will always be higher than the divid
    14·1 answer
  • Sprinkle Co. sells its product for $60 per unit. During 2016, it produced 60,000 units and sold 50,000 units (there was no begin
    11·1 answer
  • Northwest Fur Co. started 2018 with $109,000 of merchandise inventory on hand. During 2018, $470,000 in merchandise was purchase
    10·1 answer
  • Mazzeo Co. provided the following information on selected transactions during 2017: Purchase of land by issuing bonds $650,000 P
    10·1 answer
  • Giblin Corporation earned $9,700 of service revenue on account during Year 1. The company collected $8,245 cash from accounts re
    6·1 answer
  • Chhom, Inc., manufactures and sells two products: Product F9 and Product U4. Data concerning the expected production of each pro
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!