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True [87]
3 years ago
8

2.1: A debit is A : a decrease to an account. B : an entry on the left side of an account. C : an entry on the right side of an

account. D : an increase to an account.
Business
1 answer:
Luba_88 [7]3 years ago
7 0

Answer:

B : an entry on the left side of an account.

Explanation:

There are two terms i.e debit and credit.  

The accounts that reported as an expense, losses, assets are recorded in the left-hand side of an account as it contains the debit balance.

While the account reported as a revenue, gains, liabilities & stockholder equity are recorded in the right-hand side of an account as it contains the credit balance.

You might be interested in
Where should you go to find information about the projected number of jobs in a field you are interested in?
Ahat [919]

Where should you go to find information about the projected number of jobs in a field you are interested in?

  • the classified ads
  • the Better Business Bureau
  • the Occupational Outlook Handbook
  • all of the above

I’ll say go with the 4th choice...”All of the above”.

3 0
3 years ago
ABC Hardware store is open for business 350 days a year. Annual demand for a power cutter at this store is 700 units. Replenishm
BlackZzzverrR [31]

Answer:

102.47 and 20

Explanation:

What is economic order quantity?

EOQ or the economic order quantity is the level of inventory which is the most optimal level for reducing inventory costs. It assumes that the supplier will supply as and when required and follows a just in time policy.

Now that we are familiar with the concept, let's recall the formula:

EOQ= SQRT( 2* D *k /h)

D - Annual demand, which is 700

k - Replenishment cost, which is $15

h - holding cost, which is 10% of inventory value = 0.1 × $20 = $2

So, EOQ = SQRT(2 * 700 * 15/2) = 102.47 units

Reorder point  = daily demand * lead time + safety stock = 700/365*5+10=20 Units

7 0
3 years ago
Higher Ed Publishing is conducting market research to determine what customers think about its educational technology products.
zheka24 [161]

Answer:

It can conduct a telephone survey about its products.

Explanation:

Researches regarding the product, customer opinions and interests of the customers are obtained through the primary and secondary data collection. The collection of the such data helps in gathering the information and helping in the advancement of the product.  

In the given excerpt, the company is using the primary data and collecting the information from the customers. The primary data here is gathered through the telephonic survey about the product. The opinions and interests of the customer are collected through market research.

4 0
3 years ago
Potomac Corporation wants to sell a warehouse that it has used in its business for 10 years. Potomac is asking $450,000 for the
Ivanshal [37]

Answer:

Potomac Corporation will realize $450,000 with the sale of the warehouse

Explanation:

To determine how much money Potomac Corporation realized with the sale of the warehouse we can use the following equation:

money realized = sales price of warehouse +  mortgage assumed by buyer

money realized = $325,000 + $125,000 = $450,000

5 0
2 years ago
The contract signed in February 2018 by Jimmy Garoppolo that we discussed at the beginning of the chapter was actually paid as a
Novay_Z [31]

Based on the interest rate given, the deal that was tossed by the quarterback will be $107.36 million.

<h3>What is an interest rate?</h3>

It should be noted that an interest rate simply means the amount that's charged by a lender. It's a percentage of the principal.

In this case, since the interest rate has been given, the kind of deal that was tossed will be:

= (3.5 + 7.6/1.11) + 18.6)1.11² + 25.2/1.11³ + 25.5)/1.11⁴ + 25.6/1.685

= 107.34 million

Learn more about interest rate on:

brainly.com/question/25793394

8 0
2 years ago
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