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ira [324]
3 years ago
5

It's possible for a debt card transaction to bounce true or false

Business
1 answer:
mestny [16]3 years ago
8 0

Ummm if I am not mistaking I believe its mostly true

HOPE THIS WORKED!!!!!  

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Journalize the following transactions for Armour Inc. using both the periodic inventory system and the perpetual inventory syste
slega [8]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

6 0
3 years ago
The cashew industry is perfectly competitive and until now each of the identical firms in the industry have been earning zero ec
gladu [14]

Answer:

a. iii. Too little

b. i. The industry's supply of cashews will exceed Q1 and the price of cashews will equal P1.

Explanation:

Allocative efficiency refers to the point in production where Marginal Revenue equals Marginal cost. As this is a perfectly competitive market, marginal revenue is the same as price which as shown in the question, exceeds Marginal cost. The firms are therefore producing too little to achieve allocative efficiency and need to produce more to make price and marginal cost equal.

In the long run, the firms will produce more such that supply would exceed the original quantity supplied of Q1. This will lead to the price falling back to P1 as there is now less scarcity.

8 0
2 years ago
A building's owner pays a property manager in 81/2% commission based on the units annualized rent for each new tenant last year
Vera_Pavlovna [14]

Commission paid by the building owner to the property Manager for the new tenant is $4575.

<h3>What is a Commission?</h3>

A brokerage receives compensation for delivering a customer who signs a lease by way of a rental commission. Frequently, rental commissions are stated as months of rent or as a percentage of the annual rent.

The calculation for the Commission of Property Manager:

Commission = Total annualised rent x percentage of Commission

                     = (795 x 12 x 3 + 1200 x 12 + 900 x 12) x 8.5%

                     = 53820 x 8.5% = $4,575

Commission for the property manager = $4,575.  

   

Thus,  a rental commission, a brokerage is paid for bringing a consumer who signs a lease. The commission for the property manager is $4,575.

Learn more about Commission here:

brainly.com/question/20987196

#SPJ1

5 0
2 years ago
The entry to record the issuance of 150 shares of $5 par common stock at par to an attorney in payment of legal fees for organiz
LenKa [72]

Answer: D. Common stock

Explanation:

Common stock refers to the security which represents ownership in a corporation.

The entry to record the issuance of 150 shares of $5 par common stock at par to an attorney in payment of legal fees for organizing a corporation includes a credit to the common stock.

3 0
2 years ago
Equipment with an estimated market value of $30,000 is offered for sale at $45,000. The equipment is acquired for $15,000 in cas
ra1l [238]

Answer:

$35,000

Explanation:

According to accounting standard  IFRS 16 Property, Plant and Equipment is initially recorded at its cost. Estimated market value and offer price will not be considered to record this transaction. Cost incurred for this equipment is as follow:

Cash payment = $15,000

Note payable = $20,000

Total Cost  = $15,000 + $20,000 = $35,000

6 0
3 years ago
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