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Akimi4 [234]
3 years ago
9

A company purchased office equipment and office supplies on credit from Doug Equipment Company. What is the entry?

Business
1 answer:
weqwewe [10]3 years ago
7 0

Answer:

                                                       $         $

Office Equipment                            5,000  

Office Supplies                           10,000  

Doug Equipment Company                    15,000  

                                                     15,000    15,000  

Explanation:

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A seller received a rental payment of $100 in advance. At closing, the seller has "earned" only $32 of this rent. What should ap
allsm [11]

Answer:

$68 appears as the amount unearned but received (or still paid in advance) in the closing statement

Explanation:

Amount received in advance = $100

Amount earned = $32

Amount (in advance at closing) is the difference between the amount originally paid in advance and the amount earned

Amount (in advance at closing) = $100 - $32

                                                    = $68

The amount that will appear in the closing statement as rental payment still in advance is $68.

3 0
2 years ago
Difference between luna and sol?​
mr Goodwill [35]
Luna-moon
Sol- sun

The difference of luna and sol would be that the moon (luna) comes out in the night and the sun (sol) comes out during the day


Hope this helps!!!!!!!
5 0
3 years ago
Jason Thompson purchase an office building 10 years ago for $780,000. The building was just appraisal $1.25 million. What value
Kamila [148]

Answer:

No adjustment in records can be made until the asset is sold.

Explanation:

This is an example of cost concept. Assets are generally recorded at cost and remain on the accounting records at cost until they are disposed of. Future economic condition may change this appraised value, and therefore no adjustment in records can be made until the asset is sold.

8 0
3 years ago
older person nearing retirement might typically find it better to invest in ________ since they generally seek less risk with th
Zarrin [17]

Answer:

A las personas mayores que se acercan a la jubilación generalmente les parece mejor invertir en NEGOCIOS ya que generalmente buscan menos riesgo con sus inversiones.

5 0
2 years ago
In order to evaluate risk, management may also set qualitative risk classes. Rank these four projects from least risky to most r
Burka [1]

Answer:

Ranking projects from least risky to most risky:

1. Repair to old machinery.

2. Addition to normal product line.

3. Completely new market in United States.

4. Completely new market in South America.

Explanation:

As can be seen from the above scenario, the risk profile increases as the company's activities move away from the known, controllable, and internal arenas to the unknown, uncontrollable, and external arenas.  This implies that increasing uncertainty induces more risk.

6 0
2 years ago
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