Answer:
Income Statement Sales 9,00,000 Cost of goods sold 5,80,000 Gross profit 3,20,000 Salaries expense 3,90,000 Rent expense 2,40,000 Utilities expense 38,000 Loss from operations -3,48,000 Interest expense -59,400 Net loss -4,07,400 KI
Explanation:
<em>Purchased $190,000 of store equipment, paying $51,000 in cash and agreeing to Paid the entire $139,000 owed for store equipment and $600,000 of the amount due to suppliers for credit purchases previously recorded. pay the difference within 90 days. that make it a way to create sales.</em>
Answer:
Journal entries for ABC Store's
inventory 38,000
account payable 38,000
to record purchase of 2,000 books
account payable 1,900
inventory 1,900
to record return of 100 damaged books
Explanation:
Requirement 1 journalize ABC Store's
We need to journalize base on ABC store. Assuming perpetual inventory.
ABC purchased 2,000 books at $19 each total 38,000
we increase our inventory for the amount purchased and also declare the liability, as those book were not paid right away
later it return 100 books the cost is $19 each total 1,900
this decrease the ammount due to Rainforest and also decrease the inventory
Answer:
The conquest of Constantinople by the Ottomans marked the end of the Byzantine Empire. It also significantly weakened the position of the Orthodox church compared to the Catholic church.
Islam was the official religion of the Ottoman Empire. The highest position in Islam, caliphate, was claimed by the sultan, after the defeat of the Mamluks which was established as Ottoman Caliphate. The Sultan was to be a devout Muslim and was given the literal authority of the Caliph.
The fall of the city removed what was once a powerful defense for Christian Europe against Muslim invasion, allowing for uninterrupted Ottoman expansion into eastern Europe.
Hope this helps!
(btw im muslim:)
Answer: bonds
Explanation: will allow for a risk free option and to gain money from a little bit of time and money
(not 100% sure on answer but I believe it is bonds)
