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dem82 [27]
3 years ago
7

Mr. Decker invested $20,000 in cash in his new business. How does the company record the investment?

Business
1 answer:
Rudiy273 years ago
8 0

Answer:

The company records the investment by the entry:

(D) debit Cash and credit Owner's Equity

Explanation:

Mr. Decker invested $20,000 in cash in his new business. He is the Owner of the company.

In the case, the company that he invested received cash from Mr. Decker.

The company will record the increasing in cash and increasing in Owner's Equity account by the journal entry:

Debit Cash $20,000

Credit Owner's Equity $20,000

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Men have historically and continue to dominate in fields such as business management, engineering, and medicine because <u>gender</u> occupational segregation persists in society.

Gender occupational segregation remains one of the defining elements of gender inequality in modern societies. In the society, it is seen that men and women work in different occupations because of a combination of forces, where men have historically and continue to dominate.

Research has shown that occupational segregation is an important aspect of gender inequality in earnings and contributes to other forms of inequality as well.

Hence, the prospects for reducing gender segregation in the short term appear slim, based on many weak effects.

To learn more about occupational segregation here:

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8 0
2 years ago
Make a case that development economics might be merely a combination of all the other subfields of economics, only applied to lo
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Answer:

Case explained below

Explanation:

Development economics is a branch of economics which deals with economic aspects of the development process in low income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, either through health, education and workplace conditions, whether through public or private channels.

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7 0
3 years ago
What are five foundations of economics?
koban [17]

Answer:

incentives, trade-offs, opportunity cost, marginal thinking, and the principle that trade creates value.

Explanation:

8 0
3 years ago
Signal mistakenly produced 1,000 defective cell phones. The phones cost $65 each to produce. A salvage company will buy the defe
Contact [7]

Answer:

It is more profitable to continue to rework the phones and sell them.

Explanation:

Giving the following information:

Signal mistakenly produced 1,000 defective cell phones.

<u>The $65 per phone is a sunk cost. It will remain on both decisions, therefore, we will not take into account to make the decision.</u>

Sell as it is:

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Rework:

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Sales= 144*1,000= $144,000

Total gain= $56,000

It is more profitable to continue to rework the phones and sell them.

3 0
3 years ago
The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a comp
german
The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a computer <u>falling</u> and the quantity <u>increasing</u>.

Lower prices most likely results in a higher demand for the product in question, which will increase the production rate of that product.
3 0
3 years ago
Read 2 more answers
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