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igor_vitrenko [27]
3 years ago
7

One important distinguishing feature of valid arguments is that __________.

Business
1 answer:
nignag [31]3 years ago
3 0

One important distinguishing feature of valid arguments is that the conclusion is always based on the premises or follow the premises. If the premise is true then the conclusion is true. If the premise is is false, then the conclusion is false. They are valid arguments.

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On March 1, 2020, Pronghorn Company sold goods to Goosen Inc. for $600,000 in exchange for a 5-year, zero-interest-bearing note
maks197457 [2]

Answer:

a.

March 1, 2020

Dr Notes Receivable 923,174

Cr Discount on Notes Receivable 323,174

Cr Sales Revenue 600,000

Dr Cost of Goods Sold 368,000

Cr Inventory 368,000

b.

December 31, 2020

Dr Discount on Notes Receivable 45,000

Cr Interest Revenue 45,000

Explanation:

Pronghorn Company Journal entries

a.

March 1, 2020

Dr Notes Receivable 923,174

Cr Discount on Notes Receivable 323,174

Cr Sales Revenue 600,000

Dr Cost of Goods Sold 368,000

Cr Inventory 368,000

b.

December 31, 2020

Dr Discount on Notes Receivable 45,000

Cr Interest Revenue (9% X $600,000 X 10/12)45,000

4 0
2 years ago
Melissa is an automobile owner. What will most likely occur if she misses a car payment?
Vika [28.1K]
Late fee or even repo
5 0
3 years ago
If you deposited money in a savings account that paid 1% interest, approximately how long would it take your money to double?
UkoKoshka [18]
Answer: A
Explanation: The rule of 72 dictates that in order to find the money invested to double you will need to do the following: You would get 72 and divide it by 1 (1 is the percentage in this formula) and the answer would be 72.
6 0
3 years ago
Neutronics makes four different models of gas identifiers. Next year, the company anticipates total overhead costs of $2.5 milli
Rainbow [258]

Answer:

Predetermined manufacturing overhead rate= $33.33 per direct labor hour

Explanation:

Giving the following information:

Next year, the company anticipates total overhead costs of $2.5 million.

Estimated direct labor hours= 75,000

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 2,500,000/75,000

8 0
3 years ago
What is forms of buisness??
natita [175]

Answer and Explanation:

Some forms of business are sole proprietorship, partnership, corporation, and s corporation.

7 0
3 years ago
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