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Pepsi [2]
3 years ago
12

Hey guys if someone could help me out with the the third transaction(c), I'd be really grateful.

Business
1 answer:
geniusboy [140]3 years ago
3 0
For the third transaction the journal entry would be
Bank Dr 8000
Trade payables (LL) Cr 8000

In the balance sheet the bank account under assets would increase by 8000 and the trade payables under liabilities would increase by 8000

Note:
(LL)= lenders limited
Dr= debit
Cr= credit

Hope it helps!
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The demand for loanable funds depends on future income.<br><br> a. True<br> b. False
aliina [53]

Answer:

The answer is "Option b".

Explanation:

The Loanable funds are the amount of all the assets that individuals and companies have agreed to save and lend to creditors instead of for personal use, as an investment.

The earnings are also the foundation for supplying loanable funds. That request for credit funds is focused on lending. This relationship among saving provision and loan request decides its real rate as well as the sum of loans.

6 0
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Bryan works as a salesman for jumbocorp. last year his sales target was $3 million and this year in an aggressive bid for growth
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3 years ago
Hello, please help me with this paper, I understand it's long and requires a lot of work, but all the help is appreciated! Thank
Tomtit [17]

Answer:

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7 0
2 years ago
Help please!! Facilities managers and records and information managers are two categories of what type of job?
Elena-2011 [213]

Answer:

B.

Explanation:

This is the answer

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3 0
2 years ago
The primary responsibility of the board of directors is to __________. Select one: A. oversee the affairs of the organization B.
Paladinen [302]

The primary responsibility of the board of directors is to (D) make daily operational decisions.(The main responsibility of a Board of Director is to make day-to-day management decisions. )

Explanation:

The main responsibility of a Board of Director is to make day-to-day management decisions. The primary purpose of the board of directors is to safeguard the shareholders interest by maintaining detached, impartial oversight on management.

Some of the duties of Board Members are:

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  • Another important duty is to Monitor and Manage Financial Resources.
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So we can Say that The primary responsibility of the board of directors is to (D) make daily operational decisions

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3 years ago
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