Answer:
Explanation:
The journal entries are given below:
1. Account receivable A/c Dr $55,330
To Fees earned $55,330
(Being the fees earned is recorded)
2. Supplies A/c Dr $2,380
To Account payable A/c $2,380
(Being the supplies is purchased on account)
3. Cash A/c Dr $52,010
To Account receivable A/c $52,010
(Being the cash is received from customers)
4. Account payable A/c Dr $1,440
To Cash A/c $1,440
(Being cash is paid to creditors on account)
Entrepreneurship
People as entrepreneurs, has the capacity to decide, to innovate and to generate ideas, for the business he/she manages.
Forecasting is like Foreshadowing telling or predicting what may happen.
it could not be B Because you already have your budget because, without a budget you can not go forth with your plans.
C is not because, it is potential you should calculate it but, altogether is not in your revenue which is something that comes altogether but, this is just a part of the full revenue.
And D. This is something specific you cannot just pay attention to not just expenses but what you earn, what budget and etc.
Altogether leaving A because, you are gathering information and does not tell you what type but, financial which means 'all' activities of Financing and Planning will help with Revenue to protect it and, to get it to the point in which you want it to get to a goal or past a goal and etc.
Answer:
D) $17,500 gain.
Explanation:
Wells Company should record the following transactions:
- Dr Cash account 40,000
-
Dr Accumulated Depreciation Vehicles account 47,500
- Cr Vehicle account 70,000
- Cr Gain on Disposal account 17,500
$40,000 in cash was received and the accumulated depreciation balance should equal to zero, therefore they must be debited.
The vehicles account balance should equal zero and the rest is gain on disposal, therefore they must be credited.
Answer and Explanation:
d. is the Fed's primary monetary policymaking body.
