Explanation:
The Journal entry is shown below:-
1. Supplies A/c Dr, $530
To supplies expenses $530
(Being supplies on hand is recorded)
2. Insurance Dr, $125
To Prepaid insurance $125
(Being Insurance for the month is recorded)
3. Depreciation Dr, $75
To Accumulated depreciation $75
(Being depreciation is recorded)
4. Unearned revenue Dr, $920
To service revenue $920
(Being unearned revenue is recorded)
5. Accounts receivable Dr, $330
To service revenue $330
(Being service accounts receivable is recorded)
6. Interest expenses Dr, $80
To Interest payable $80
(Being interest expense is recorded)
7. Salaries expense Dr, $1460
To Salary payable $1460
(Being salary expense is recorded)
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Answer:
0.175
Explanation:
Data provided in the question:
r and s vary inversely
Mathematically, we can represent the relation as
rs ∝ 1
or
rs = k ............(i)
here,
k is the proportionality constant
when,
r = 1200 ; s = 0.35
thus,
1200 × 0.35 = k
or
k = 420 ...............(ii)
similarly for case when r = 2400
rs = k [ From (i) ]
2400s = 420 [ value of k from (ii) ]
or
s = 0.175
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