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attashe74 [19]
3 years ago
11

Which one of the following accounts will have a credit balance?

Business
1 answer:
Tems11 [23]3 years ago
3 0

Answer:

Common Stock

Explanation:

We know that

The debit sections track assets, expenses side, and dividend while revenues, stockholder equity, and the liability side are reported in the credit section.

So in the given question, the common stock has credit balance whereas the dividend, supplies, and the salary expense has a debit balance

By proper posting of accounts in the correct columns, the total of debit and credit columns would be matched.

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What impact would the fed's raising the interest rate have on any inflationary pressure in the economy?
Licemer1 [7]

People will eventually start cutting back on their spending since increased interest rates result in greater borrowing costs. Then, when the demand for goods and services declines, so does inflation.

Interest and other expenses incurred by an entity in conjunction with borrowing money are referred to as borrowing costs. An asset that requires a significant amount of time to prepare for use or sale qualifies as a qualifying asset.

A qualifying asset's cost includes borrowing expenses that are directly related to its purchase, construction, or production. The expense of other borrowing costs is recognized.

The fundamental tenet of IAS 23 Borrowing Costs is that if borrowing costs can be directly linked to the purchase, development, or production of a qualifying asset, they should be capitalized. Additional borrowing expenses are deducted from profit or loss.

Learn more about borrowing costs here

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#SPJ4

8 0
2 years ago
According to the video, which tasks do Lawyers commonly perform?
inna [77]
They draw up legal document to support the defendant. They also have to know all the information about the client to defend them in court of law.
3 0
3 years ago
Read 2 more answers
Perez, Inc. recently completed 40,000 units of a product that was expected to consume six pounds of direct material per finished
Debora [2.8K]

Answer:

$45,000 Unfavorable

Explanation:

The computation of direct-material quantity variance is shown below:-

Direct Material Quantity Variance = Standard Rate × (Actual Quantity - Standard Quantity Used for Actual Production)

= $7.50 × (246,000 - 40,000 × 6)

= $7.50 × (246,000 - 240,000)

= $7.50 × 6,000

= $45,000 Unfavorable

Therefore for computing the direct-material quantity variance we simply applied the above formula.

8 0
3 years ago
The house that Jeanne inherited from her mother can rent for $1500/month, but Jeanne decides to allow her brother to stay there
OLga [1]

Answer:

The correct option is B,zero monetary cost but a $1,000 per month opportunity cost

Explanation:

Monetary cost also known as explicit cost is the actual costs incurred in running a business.But the business in this case is renting of the property,frankly speaking, Jeane has not incurred any cost in her property business,hence monetary cost is zero.

Opportunity is the cost or benefits from alternative course of action. Jeane not renting out the property on commercial basis is the alternative course of action in this case.Since the commercial letting gives $1500 and the letting to her brother gives $500, the difference between the two rents is $1000 which is benefits forgone from letting the house to her brother,that is the opportunity cost.

4 0
4 years ago
One of your sales employees is taking a trip to several conventions over the next several weeks and will need to have access to
Aleksandr-060686 [28]

Answer:

c. Airprint

Explanation:

AirPrint -

It refers to as one of the technology of Apple, which enables to generate complete output , where the process of downloading or installation is not required , is referred to as AirPrint .

It enables to get a very high quality images and document , from any apple device like the iPad , Mac , iPhone , iPod .

The feature is available in the MacOS and even in iOS operating system .  

Where the printing process is done via LAN .

The most attractive feature of AirPrint is that, it does not require any printer - specific drivers .

Hence, from the given information of the question,

The correct option is - AirPrint.

4 0
4 years ago
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