Answer:
Scarlet Knight Corporation
Correct postings:
Accounts Debit Credit
1. Cash 12,500
Common Stock 12,500
2. Cash 3,500
Service Revenue 3,500
3. Supplies 250
Cash 250
4. Rent Expense 550
Cash 550
5. Equipment 1,950
Cash 1,950
Explanation:
a) Data and Calculations:
Accounts Debit Credit
1. Common Stock 12,500
Cash 12,500
2. Cash 3,500
Service Revenue 3,000
3. Supplies 250
Cash 250
4. Rent Expense 550
Cash 550
5. Cash 1,950
Equipment 1,950
b) The accounting rule is to debit the value receiver and to credit the value giver. Generally, assets, expenses, and losses normally have debit balances while liabilities, equities, incomes, and gains have credit balances.
The answer is C. Inflation
Price indices are a normalized average of price relatives for a given types of products ( either goods or services) in a specific region, during specific interval of time
It's provided a statistic that is designed to compare the prices while separating the inflation as a factor
Answer:
Explanation:
Given
<u>Dimension</u>
Cost per 
= 0.04
Required
Determine the total cost to paint 4 walls
First, we need to calculate the area of the 4 walls.
Substitute values for Length, Breadth and Height
Cost per = 0.04.
Probably production function
