A PERSONS ABILITY TO PAY DEBTS FROM REGULAR INCOME AND THEIR EARNING POWER IS CALLED?

Classifying events as asset source, use, or exchange Vera Company experienced the following events during its first year of oper

pav-90 [236]

Answer:

Vera Company

1. Acquired $16,000 cash from the issue of common stock. [ Exchange; Cash balance increases while Owners Equity also increases. The net effect is zero ]

2. Paid $3,500 cash for salary expenses [ Asset Use; because we deplete Cash as an asset to pay for an expense item]

3. Borrowed $10,000 cash from New South Bank. [ Exchange. We got cash (an asset) but created a liability through bank loan, net effect is zero]

4. Paid $6,000 cash to purchase land. [ Exchange; depleted Cash (an Asset) to obtain another Asset (Land) net effect is zero]

5. Provided boarding services for $10,500 cash. [ Asset Source; income is driving up our cash balance (an Asset)]

6. Acquired an additional $1,000 cash from the issue of common stock. [ Exchange; Cash balance increases while Owners Equity also increases. The net effect is zero ]

7. Paid $2,400 cash for utilities expense. [ Asset Use; because we deplete Cash as an asset to pay for an expense item]

8. Paid a $1,500 cash dividend to the stockholders. [ Asset Use; because we deplete Cash as an asset to pay for dividend to shareholders]

9. Provided additional services for $6,000 cash. [ Asset Source; income is driving up our cash balance (an Asset)]

10. Purchased additional land for $2,500 cash. [ Exchange; depleted Cash (an Asset) to obtain another Asset (Land) net effect is zero]

11. The market value of the land was determined to be $24,000 at the end of the accounting period. :[ Asset Source; improvement in fair valuation of Asset]

8 0

3 years ago

When people are employed but are treated differently once employed, receiving few job-related rewards, resources, or opportuniti

Dafna1 [17]

Answer:

treatment discrimination

Explanation:

Treatment discrimination is a discrimination against people. It is also known as Disparate treatment and may be defined as one type of the unlawful discrimination in the United States labor law. In US, this discrimination means any unequal behavior towards some employee because of a particular caste, color, race, region or gender which is provided under the Title VII of the United States Civil Rights Act.

Treatment discrimination is the discrimination shown to the people especially the blacked people as they are paid less for equal work as compared to whites.

5 0

4 years ago

Johnny filed for Chapter 7 bankruptcy when he was 45 years old. How old will

mafiozo [28]

For chapter 7 bankruptcy it takes 10 years for it to be removed from the credit report.

Doing simple math here-
45 + 10 = 55

Johnny will be 55 years old when the bankruptcy is removed from his credit report.

7 0

4 years ago

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Why do you think that the small stuff makes such a difference for business?

svetoff [14.1K]

I think small stuff makes such a difference for businesses because you have to take risk if you want to be successful and with those little risks the businesses are successful

6 0

4 years ago

As the manager of an office supply store, raven seems to be constantly confronted with problems. She tries very hard to create a

xenn [34]

The style of decision-making raven use is rational. Thus the correct option is B.

<h3>What is Manager?</h3>

A manager is refer to an individual in an organization who is responsible for coordinating and controlling the functions of the organization and helps to perform business activities smoothly and timely.

In this case, it is given that Manager named Raven is facing problems in working and tries to develop alternative solutions and evaluate them. In this method when she resolves one problem, another rise.

This caused her frustration with employees so in this situation she should use a rational decision-making model in which she should implement strict actions or plans to fulfill the objective of the business by using a logical approach.

She should conduct research about the facts causing problems and by using evidence reached on alternative outcomes to make the final decision that can be considered appropriate for the organization.

Therefore, option B is appropriate.

Learn more about Managers, here:

brainly.com/question/17312484

#SPJ2

8 0

1 year ago

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