The journal entry to record this transaction consists of a: debit of the purchases account for $21400 and credit the accounts payable account for $21400
<h3>How to enter a transaction in a journal?</h3>
We are told that a company purchased $21,400 of supplies on credit.
Now, it is vital to note that in a journal, there is the credit column and also the debit column.
Now, the way we carry out recording the Journal Entry for a Credit Purchase is that;
When a business purchases goods or services on credit, the business will then debit the purchases account, which will increase the business’s assets.
The business will also credit the accounts payable account, which will increase the business’s liabilities.
Thus;
The journal entry to record this transaction consists of a: debit of the purchases account for $21400 and credit the accounts payable account for $21400
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"Spanish conquistadors settled in the Caribbean in search of gold and riches to bring back for their country."
"Spanish conquistadors were explorer-soldiers who settled in the Caribbean with the aim to amass wealth and fortune. Christopher Columbus arrived in the Caribbean in 1492 and claimed the area for Spain. Spanish settlements began to sprout in the region in the following years. The Caribbean’s importance also included its strategic location.
From the early 17th century, non-Hispanic traders and settlers also arrived and established permanent colonies and trading posts in the various Caribbean islands, particularly in areas where Spanish power was weak or absent."
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In a closed system a reversible chemical reaction will reach a state of dynamic chemical equilibrium when the rate of the forward reaction is to be in or equal to the rate of the reverse reaction.
<h3>What occurs if a reaction reaches dynamic equilibrium in a closed system?</h3>
A closed chemical system is said to attain dynamic equilibrium if the rate of the forward reaction is said to have equals the rate of the backward reaction and also the level of concentrations of products and reactants are said to be the same.
Hence, In a closed system a reversible chemical reaction will reach a state of dynamic chemical equilibrium when the rate of the forward reaction is to be in or equal to the rate of the reverse reaction.
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Answer:
me but i dont know for sure he losing right now
Explanation:
i am so nervous
