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
Luden [163]
2 years ago
5

When a utility bill is paid with cash, cash is decreased and utilities expense is __________?

Business
1 answer:
MaRussiya [10]2 years ago
4 0
I believe the answer Increased.
Utility bill is considered as an expense that could be deducted from profit for taxation purpose. (all expense are recorded in debet when increased)
Because we pay the bill with cash, there would be a cash outflow from our reserve toward the utility provider, hence resulting in decreasing cash.
You might be interested in
The main provision of the Occupational Safety and Health Act states that each employer should furnish each employee a place of e
dangina [55]

Answer:

The correct answer is letter "C": general duty clause.

Explanation:

The general duty clause is a statement imposed by the Occupational Safety and Health Act (OSHA) of 1970 by which employers commit to independently identify hazardous conditions at work to find ways to avoid them so employees' safety can be ensured. The OSHA provides a variety of informational and training material focused on health risks and safety.

8 0
3 years ago
All of the following statements about agriculture in market economic systems are true EXCEPT
MAXImum [283]

Answer:

B, In response to low crop prices and overproduction, it is being replaced by intensive subsistence farming.

Explanation:

A market economic system is one in which laws of demand and supply determine the production of goods and services. Agriculture in market economic systems is not being replaced by subsistence farming because subsistence farming is low scale farming that meets the needs of a family and as such is not affected by any laws of demand and supply as in commercial farming.

Cheers.

3 0
3 years ago
Starbucks is a global company that provides high-quality coffee products. Assume that as part of its expansion strategy, Starbuc
goldenfox [79]

No, there is not any requirement of recording when the fair value of bonds decreases to $6000000 on December 31 of the current year.

Given that Starbucks purchased bonds with $ 7 million face value at par for cash on July 1 of the current year and the bonds pay 7 percent interest the following June 30 and December 31 and mature in three years.

We are required to tell whether there is requirement of any recording when the fair value of bonds decreases to $6000000 on December 31 of the current year.

A bond is basically a debt security, similar to an IOU and borrowers issue bonds to raise money from investors willing to lend them money for a certain amount of time. When we buy a bond, we are lending to the issuer, which may be a government, municipality, or corporation.

There is not any requirement of any recording when the fair value decreases to $600000 because it is not affecting our books of accounts because in our books they are recorded at face values.

Hence there is not any requirement of recording when the fair value of bonds decreases to $6000000 on December 31 of the current year.

Learn more about bonds at brainly.com/question/25965295

#SPJ4

7 0
1 year ago
A firm decides to provide support services for its products for which its customers will pay extra. These services are not offer
Sindrei [870]

B) Added value

Explanation:

Added value - It is an improvement to the product or service making it more worthwhile.

Competitive advantage makes the product or service more desirable than other competitors.

In this scenario, there is no competition of the services as yet, but definitely has an added value by improving the services.

3 0
3 years ago
Read 2 more answers
Martha can produce 90 quilts or 180 batches of chocolate chip cookies in a month. Jane can produce 6 quilts or 18 batches of cho
Aleks04 [339]

Answer: The correct answers are a) & b). That is MARTHA, MARTHA; JANE.

Explanation: Absolute advantage exists when a party can oroduce a highe quantity of a good or product. This is the situation with Martha in her productions.

Comparative advantage on the other hand is when a party has a lower opportunity cost. This exists in both the production of quilts and chocolate chip cookies.

6 0
3 years ago
Other questions:
  • During the current fiscal year, Jeremiah Corp. signed a long-term noncancellable purchase commitment with its primary supplier.
    12·1 answer
  • During an annual review Mitchel made the following assertion: "When I look at myself and my performance I see that what I have a
    13·2 answers
  • Hunter works in the human resource department of a well-known and highly respected maker of athletic equipment. He suggests that
    13·1 answer
  • Ranchland Properties and Prairie State Investments sign a written contract for a sale of land. In some states, to be enforceable
    12·1 answer
  • Which type of cover letter would the above excerpt come from? a. Prospecting cover letter b. Networking cover letter c. Applicat
    5·2 answers
  • Which of the following is used to manage employee performance and to align all employees with the key objectives a firm needs to
    12·1 answer
  • What is AIA Invoicing​
    14·1 answer
  • QUESTION 6 of 10: A business with two owners where the profits are taxed as income to the owners is most likely a:
    7·1 answer
  • Which employee role is directly accountable to ensure that employees are implementing security policies consistently
    13·1 answer
  • The team is working through the planning processes. They are using a plan-driven approach to this system-critical change that wi
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!