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3 years ago

The relationship between two variables that are unrelated can be shown by ______.

1 answer:

8 0

It could be shown by a horizontal line as this symbol is a way of helping someone understand and to be able to provide clear differentiation of two variables that are not related. This could provide a better visualization of two different existing variables.

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On March 1, 20Y8, Eric Keene and Renee Wallace form a partnership. Keene agrees to invest $21,060 in cash and merchandise invent

tester [92]

Answer:

Explanation:

a. The journal entries are shown below:

Cash $21,060

Merchandise inventory $56,290

To Eric Keene's Capital $77,350

(To record investment made)

Accounts receivable $17,770

Equipment $54,190

Cash (Liabilities - Assets) $40,820

To Allowance for doubtful accounts $1,950

To Accounts payable $14,910

To Notes payable (current) $35,970

To Reene Wallace's capital $59,950

(Being capital contribution by Reene wallace is recorded)

KEENE AND WALLACE

Balance Sheet

March 1, 20Y8

Assets

Current Assets

Cash (21,060 + 40,820) $61,880

Accounts Receivable Less Allowance $15,820

Merchandise inventory $56,290

Total current assets $133,990

Property, plant and Equipment

Equipment $54,190 54,190

Total Assets $188,180

Liabilities

Current Liabilities

Accounts Payable $14,910

Notes Payable $35,970

Total liabilities $50,880

Partner's Equity

Eric Keene's capital $77,350

Renee Wallace's capital $59,950

Total partner's equity $137,300

Total liabilities and partner's equity $188,180

7 0

3 years ago

The DHSMV _________________________ is an enforcement sector that patrols state highways and ensures the safety of drivers and c

Nadusha1986 [10]

The DHSMV Division of the Florida Highway Patrol is an enforcement sector that patrols state highways and ensures the safety of drivers and citizens while on the road.

5 0

3 years ago

On November 7, Mura Company borrows $370,000 cash by signing a 90-day, 8%, $370,000 note payable. 1. Compute the accrued interes

Hatshy [7]

Answer:

At 31 December, the Interest for 54 days accrues as follows :

Interest expense $17,740 (debit)

Note Payable $17,740 (credit)

On payment February 5, the Interest expense will be capitalized in the Note Payable as follows :

Note Payable $407,473 (debit)

Cash $407,473 (credit)

Explanation:

AT, November 7, When Mura Company borrows the money :

Cash $370,000 (debit)

Note Payable $370,000 (credit)

At 31 December, the Interest for 54 days accrues as follows :

Interest expense $17,740 (debit)

Note Payable $17,740 (credit)

Interest expense calculation = $370,000 × 8% × 54/90

= $17,740

At February 5, the interest for 60 days accrues as follows :

Interest expense $19,733 (debit)

Note Payable $19,733 (credit)

Interest expense calculation = $370,000 × 8% × 60/90

= $19,733

On payment February 5, the Interest expense will be capitalized in the Note Payable as follows :

Note Payable $407,473 (debit)

Cash $407,473 (credit)

Note Payable Calculation = $370,000 + $19,733 + $17,740

$407,473

3 0

3 years ago

Can you double your money in retirement funds?

Alenkinab [10]

Answer:

Explanation:

my grandma retired so I know a little about retirement

8 0

3 years ago

Marcus deposited his paycheck in the amount of $625.84. He'll use the check register to record his transaction. What will be

julia-pushkina [17]

Answer:

$1266.15

Explanation:

3 0

2 years ago

Read 2 more answers

The relationship between two variables that are unrelated can be shown by​ ______.

The relationship between two variables that are unrelated can be shown by ______.