Answer and Explanation:
The general journal entries are shown below:
On Aug 1
Cash Dr $6,500
Equipment $33,500
To Common stock $40,000
(Being the invested amount is recorded)
For recording this we debited the cash and equipment as it increased the assets and at the same time it also increased the stockholder equity so common stock is credited
On Aug 2
Prepaid insurance Dr $2,100
To cash $2,100
(Being the cash paid is recorded)
For recording this we debited the prepaid insurance as it increased the assets and at the same time it also decreased the assets so cash is credited
On April 5
Office supplies Dr $880
To cash $880
(Being the office supplies purchased for cash is recorded)
For recording this we debited the office supplies as it increased the assets and at the same time it also decreased the assets so cash is credited
On April 20
Cash Dr $3,331
To Fess earned $3,331
(Being cash earned is recorded)
For recording this we debited the cash as it increased the assets and at the same time it also increased the revenue so fees earned is credited
On April 31
Utilities expense $675
To Cash $675
(Being the utilities expense paid)
For recording this we debited the utilities expense as it increased the expense and at the same time it also decreased the assets so cash is credited
Answer: State the name and purpose of the Loan documents
Explanation:
A Notary Signing Agent refers to the agent who's charged with the responsibility of obtaining a formal signature of an appearer to a document.
Since Notary Signing Agent has reviewed and is completely familiar with all the documents in a loan package, it should be noted that when meeting with the borrower, the Notary Signing Agent may now state the name and purpose of the Loan documents
Answer:
They would help the product that they are selling sell better and would provide examples that would help the product sell better. The better the product sells the better the sales person gets paid. they would likely need not much help sense a sales person is mostly just for the company to sell their product or service well.
Explanation:
I hope this helped
The average of the 30 stocks in the Dow Jones decreased. Apex
The
amount of money that Eric will have after 5 years given the initial amount and
the interest per year (which we will assume to be compounded)
<span> F = P x (1 + r)^n</span>
Substituting,
<span> F =
($7,500)(1 + 0.0525)^5</span>
<span> F = $9,686</span>
<span>Therefore,
Eric will be short of about $113.39. </span>
