Answer:
The journal entry is shown below.
Explanation:
According to the scenario, the journal entry for the given data are as follows:
Journal entry
Jul.4 Cash A/c Dr $147
Card charges A/c Dr. $3
To Sales revenue A/c $150
(Being card transaction is recorded)
Computation:
Cash = $150 - 2% × $150 = $147
Card charges = $150 × 2% = $3
Answer:
Explanation:
A debit is an entry made in an account. It either increases an asset or expense account or decreases equity, liability, or revenue accounts.
A credit is an entry alsom made in an account. It either increases equity, liability, or revenue accounts or decreases an asset or expense account.
Answer:
$433,900
Explanation:
The computation of the capitalized cost of the land is shown below:-
Capitalized cost of the land = Purchase price + Demolition of building + Title insurance + Attorney fee + Property taxes covered during the period - Scrap value from the building
= $420,000 + $12,000 + $900 + ($3,000 - $500) - $1,500
= $420,000 + $12,000 + $900 + $2,500 - $1,500
= $435,400 - $1,500
= $433,900
Answer:
option D This is a positive statement
Explanation:
According to the Positive statement , it is factual and simply describing in nature.
The statement is not judgmental in nature.
While the Normative statement is judgmental in nature
Also, normative statement specifies what ought to be done.
In the statement given in the question, fact is providing about the Bellevue area by Zillow.com.
The answer to this question is: Group level problem
Group level problems refers to the problem that arised within different individuals in one social group.
The cause of this type of problems could range from leadership, emotional, ambition, Clashes between opinion, difference in job standards, etc.
