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4 years ago

For each of the following separate transactions,

Business

1 answer:

Softa [21]4 years ago

3 0

Answer: The answer is provided below

Explanation:

a. The reconstructed journal entry has been prepared and attached.

b. The following are the effects it has on the investing section or the financing section of the statement of cash flows.

The first transaction will lead to a cash inflow of $8,000 from the investing activities.

The second transaction is non-cash transaction therefore, it will not be reported in either the financing or the investing activities.

The third transaction will lead to a cash inflow of $2,000 from the financing activities.

The fourth transaction will lead to a cash outflow from the financing activities.

Thw diagram has been attached.

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2 years ago

Which account is not classified as a selling expense? sales salaries delivery expense cost of goods sold advertising expense?

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3 years ago

Read 2 more answers

A promise to pay a supplier from the business with no requirement for payment of interest:

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For this answer is D

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3 years ago

Copper Conduit, Inc., and Dependable Electric Company sign an agreement that provides for the payment of "$1,000 by whichever pa

ASHA 777 [7]

Answer:

A liquidated damages clause

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A liquidated damages clause or provision is included in an agreement specifying an amount of money that establishes the damages that will be recovered by one party in the event of another party's breach to the contract.

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3 years ago

A step-by-stepguide Suppose that during the past year, the price of a laptop computer fell from $2,350 to $1,930. During the sam

dolphi86 [110]

Answer:

See below

Explanation:

Elasticity of demand is the degree of responsiveness of demand to a change in price

Quantity demand from 436,000 to 537,000

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Percentage change = 101,000/436,000 = 0.23 or 23.17% increase

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