1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sergejj [24]
3 years ago
5

Presented below are a number of transactions. Determine whether each transaction affects common stock, dividends, revenue, expen

se, or does not affect stockholders’ equity. Provide titles for the revenues and expenses. Select Not applicable for account title if neither a revenue nor an expense.Transaction Affects Account Title (a) Costs incurred for advertising. (b) Cash received for services performed. (c) Costs incurred for insurance. (d) Amounts paid to employees. (e) Cash distributed to stockholders. (f) Cash received in exchange for allowing the use of the company’s building. (g) Costs incurred for utilities used. (h) Cash purchase of equipment. (i) Cash received from investors.
Business
1 answer:
marin [14]3 years ago
4 0

Answer:

(a) It affects expense account.

(b) It affects Revenue account.

(c) It affects expense account.

(d) It affects Expense account.

(e) It affects Dividend account.

(f) It affects Revenue account.

(g)  It affects Expense account.

(h)  It does not affect stockholders’ equity because purchase of equipment for cash doesn't affect stockholders’ equity.

(i) It affects Common stock account.

You might be interested in
Which type of light is primarily used as a light source in stores?
gregori [183]

Answer:

artificial light

Explanation:

Most stores, no matter the type of the merchandise they sell, use artificial light. Although natural light (sun) is always present, it is not enough to cater to the lighting needs of a business.

They need to showcase their goods in the best manner possible. Due to common building constraints, natural light is never enough, as some corners of the shop will remain shaded.

Businesses use LED or other sorts of artificial lighting in order to make the shopping experience pleasant.

3 0
3 years ago
Read 2 more answers
You are the marketing officer for either a large hotel or a car dealer. Produce a report for
Klio2033 [76]
Hbvhhhbbhjj
Bbhbbbbbhh
5 0
3 years ago
A firm has a capital structure with $7 in equity and $1 of debt. The cost of equity capital is 0.16 and the pretax cost of debt
nlexa [21]

Answer:

0.147 or 14.7%

Explanation:

Equity (E) =$7

Debt (D) = $1

Cost of equity capital (Ce) = 0.16

Pretax cost of debt (Cd) = 0.08

Tax rate (r) = 0.3

The weighted average cost of capital of the firm is given by the following relationship:

WACC=\frac{E}{E+D}*C_e +\frac{D}{E+D}*C_d*(1-r)\\WACC = \frac{7}{7+1}*0.16 +\frac{1}{7+1}*0.08*(1-0.3)\\WACC= 0.14+0.007\\WACC =0.147 = 14.7\%

The weighted average cost of capital of the firm is 0.147 or 14.7%.

5 0
3 years ago
Which type of reputation is affected by material a person posts to an online discussion forum that is accessed only by people in
liraira [26]

Answer:

professional and private

Explanation:

Reputation can be regarded as an opinion or believe about something, individual or organization, it is the judgement or the information known by people about an individual or organization. When this reputation is been accessible by a specific kind of people i.e not by the general public, it is reffered to as professional and private reputation.

It should be noted that professional and private reputation is affected by material a person posts to an online discussion forum that is accessed only by people in his or her company.

7 0
3 years ago
Enterprises buys a warehouse for $ 570 comma 000$570,000 to use for its East Coast distribution operations. On the date of theâp
Nitella [24]

Answer:

$570,000

Explanation:

At the time of recording of the fixed assets, the fixed assets should be reported at purchase cost or historical price  or originally cost or acquiring cost, whether all other values are given i.e appraisal value, the seller purchased value, similar warehouse book value, etc

So, in the given case, it would be recorded at $570,000 as the buyer purchase the building at this cost only.  

7 0
3 years ago
Other questions:
  • Jessie and Preston are both managers at CPA4U, a large accounting firm. Each has a very different management style. Jessie frequ
    11·1 answer
  • Your sister recently opened a swanky three-floor cheese market, Fromagerie, which is quickly gaining attention from locals, the
    6·1 answer
  • Gladstone Co. has expected sales of $360,000 for the upcoming month and its monthly break even sales are $342,500. What is the m
    6·1 answer
  • Suppose the long run production function is given by: Q = 4*L +2K2. Marginal product of labor (MPL) = 4 and wage is $10. Margina
    7·1 answer
  • Suppose the National Bureau of Economic Research (NBER) comes out with a report suggesting that the economy will soon dip into r
    11·1 answer
  • A company purchased a commercial dishwasher by paying cash of $4,900. The dishwasher's fair value on the date of the purchase wa
    11·1 answer
  • Beans Coffee & Cocoa Company makes and sells a chocolate flavored coffee drink under the name "CoCoCafe." Darkroast Java, In
    15·1 answer
  • BE18.12 (LO 2, 3) Manual Company sells goods to Nolan Company during 2020. It offers Nolan the following rebates based on total
    12·1 answer
  • All along the supply chain, distribution channels add value to the product by
    8·1 answer
  • When a negative supply shock hits an economy, Choose one: A. unemployment decreases and this becomes the new long-run natural ra
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!