<u>Solution and Explanation:</u>
<u>The following journal entries are passed in the books of accounts.</u>
Purchase of merchandise on credit - no entry is to be passed
Contribution of automobile to the company:
Date Details debit credit
12- nov Automobiles 17000
TB Capital 17000
( To record contribution of automobile to the company)
Sale of merchandise on credit:
Not recorded in gernal journal
Return of merchandise sold:
Date Details debit credit
19- Nov Sales return and allowances 175
accounts receivable - KM 175
Answer:
True .....this is because the entrepreneur is the risk bearer of the business...he is liable for any profit/loss.
Answer:
//algorithm for ATM money withdrawal
Algorithm: Algorithm for cash withdrawals from ATM.
Input: withdraw_amount
Output: amount+service_charges.
Algorithm:
step 1:
balance =account balance.
withdraw_amount = (Get input from user)
step 2:
if(withdraw_amount>400)
then, print "maximum limit exceeds"
step 3:
if(withdraw_amout<1)
then, print "enter a valid amount"
step 4:
if(withdraw_amount>balance)
then, print "insufficient balance.. withdraw money $30 as service charges "
step 5:
if(withdraw_amount<400 && withdraw_amount<balance)
if(withdraw_amount>200)
service_charge=withdraw_amount*(3/100)
print " Your cash is dispensed... total amount withdrawn +service_charges 30% (withdraw_amount +service_charge) "
Answer:
The average # of customers in the line is 4.
Explanation:
arrival rate, x = 82/3600
= 0.023
service rate, y = 1/36
= 0.028
utilisation, p = x/y
= 0.023/0.028
= 0.821
average number of costomers = p^2/[1 - p]
= (0.821)^2/[1 - 0.821]
= 3.75
Therefore, The average # of customers in the line is 4.