3 years ago

Recessions are associated with lower incomes, rising unemployment, and falling profits.

1 answer:

3 0

Recession is a period of temporary economic decline. At this time, trade and industrial activity are reduced, causing unemployment, low incoms and falling profits. Social crises, especially affecting healthcare and pension insurance schemes are common, with special negatie effect to vulnerable social populations as disabled or elderly.

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At the end of business on September 1, the total displayed on the cash register tape shows $1,059 of cash sales for the day. How

IrinaVladis [17]

Answer:

Debit Cash for $1,050; Debit Cash over and short for $9; and Credit Sales for $1,059.

Explanation:

The journal entries will look as follows:

Date Account Title Debit ($) Credit ($)

Sept 1 Cash 1,050

Cash over and short (w.1) 9

Sales 1,059

To record cash over and short for the day.

Working:

w.1: Cash over and short = Cash recorded - Actual cash collected = $1,059 - $1,050 = $9

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3 years ago

Sara takes her four-year-old brother matt to a carnival for the first time. they decide to ride the merry-go-round. matt runs to

Ivahew [28]

the answer is socialization

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3 years ago

Theo buys 500 shares of a KO for the lofty dividend. If KO pays a dividend of $1.20/share 4 times a year, how much are the divid

N76 [4]

Answer:

$2,400.00

Explanation:

The dividends per year will be dividends per share per year multiplied by 500.

Dividend per share per year

=$1.20x 4

=$4.80

Per year dividends will be worth

=$4.80 x 500

=$2,400.00

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3 years ago

You founded your own firm three years ago. You initially contributed $200,000 of your own money and in return you received 2 mil

satela [25.4K]

Answer:

A. $1.0 million

Explanation:

total shares outstanding immediately after you sold stocks to the angel investors = 2 million (your own) + 1 million (angel investors) = 3 million

the angel investors paid $500,000 for 1 million stocks, that means that your 2 million shares are worth twice as much = $500,000 x 2 = $1,000,000

the company's total value = $1,000,000 + $500,000 = $1,500,000

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3 years ago

The Carmichael Company started operations this month and had the following transactions 1. Owners invested $20,000 to start the

myrzilka [38]

Answer:

The company's cash balance at the end of the month is $9,125.

Explanation:

Cash Account DR. CR. Balance

1. Owners Investment $20,000 $20,000

2. Purchased 55 units $7,425 $12,575

3. Sale 25 units $4,750 $17,325

4. Office Rent Payment $2,900 $14,425

5. Payroll Payment $4,500 $9,925

6. Paid dividends of $800 $9,125

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3 years ago