1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fittoniya [83]
3 years ago
13

Which of the following accounts could be found in the PQ partnership's general ledger?I. Due from PII. P, DrawingIII. Loan Payab

le to Q A. I, IIB. I, IIIC. II, IIID. I, II, and III
Business
1 answer:
faltersainse [42]3 years ago
8 0

Answer:

D. I, II, and III

Explanation:

In partnership general ledger, the following accounts need to be considered which is shown below:

1. Capital account

2. Drawing account

3. Loan payable account

4. Interest on capital account

5. Interest on drawing account

In the question, the choices are provided. By going through the choices, option D is correct which includes all three accounts.  

So, options A, B, and C are incorrect.

You might be interested in
You are analyzing an office building to determine if it make sense to build it. the building and site improvements cost $145 and
Sophie [7]

Answer:

market net operating profit per square foot = $8.80

Explanation:

total investment = $145 per square foot

the investor requires a 6% rate of return = $145 x 6% = $8.70 per square foot

total revenue per square foot =                                                      $11

proportional market vacancy and credit loss = $11 x 5% =        ($0.55)

<u>other expenses = $11 x 15% =                                                       ($1.65)  </u>

market net operating profit per square foot =                             $8.80

The project should be carried out since the net operating profit is larger than the investor's required rate of return.

7 0
3 years ago
DeMarcus has been general manager of the Surf and Turf Club restaurant for many years and always schedules extra staff for the b
Keith_Richards [23]

Answer:

illusion of control.

Explanation:

The illusion of control is the tendency for people to overestimate their ability to control events; for example, it occurs when someone feels a sense of control over outcomes that they demonstrably do not influence.

In the scenario, although Business has been consistently slow on Fridays in recent months, yet DeMarcus decides to continue with the extra staffing.

This is obviously a case of illusion because he has no control over the external business environment and there is no logical reason to continue with extra staffing.

3 0
3 years ago
A sporting equipment store expects to purchase $7,800 of ski boots in October. The store had $3,800 of ski boots in merchandise
Maksim231197 [3]

Answer:

Cost of goods sold = $8,800

Explanation:

<em>The cost of goods is represents amount incurred to make available  what has been sold. It is computed as follows:</em>

<em>Cost of goods sold = opening stock + purchases - closing inventory</em>

It is useful to determine the cost of goods so as to calculate the gross profit margin. The gross profit is the sales revenue less cost of goods sold.

So we can compute same for the sporting equipment store as follows:

Cost of goods sold = 3,800 + 7,800 - 2,800

= $8,800

Cost of goods sold = $8,800

5 0
3 years ago
Steve Jobs has achieved a great deal of success. What are some possible negative consequences of the level of power that he hold
Alex73 [517]
People can claim his work or inventions as their own.
6 0
3 years ago
The federal legislation that replaces nclb, and articulates broad national goals and serves to guide much of federal educational
marin [14]

The federal legislation that replaces NCLB articulates broad national goals, and serves to guide much of federal educational funding is <u>ESSA</u>

<h3>What is ESSA?</h3>

President Lyndon B. Johnson signed the Elementary and Secondary Education Act into law in 1965. (ESEA). Johnson's War on Poverty was renewed in December 2015 as part of the Every Student Succeeds Act, which enjoyed significant bipartisan support (ESSA). Equal access to education and closing opportunity gaps are two issues that ESSA prioritizes above all others since they begin before children enter the K–12 system.

The nation's comprehensive K–12 education laws, which recognize the value of early childhood education (ECE) in ensuring kids are ready for kindergarten and do not fall behind later in life, for the first time incorporate early learning across the law.

This includes the Preschool Development Grant Birth through Five program (PDG B-5)—the first-ever funding source specifically designated for early childhood education—which offers states competitive grants to enhance ECE coordination, quality, and access.

Even though the No Child Left Behind Act of 2001, the predecessor to ESSA, permitted investments in early learning, ESSA significantly increases the importance of early learning in the law by encouraging service coordination among communities, encouraging greater alignment with the early elementary grades, and increasing ECE knowledge and capacity among teachers, leaders, and other staff members who work with young children.

Thus, ESSA is doing a great job and this has increased the literacy rate too.

For more information on ESSA, refer to the given link:

brainly.com/question/15444352

#SPJ4

6 0
1 year ago
Other questions:
  • Marco creates a budget for himself. He would like to buy ice cream once a week, but doesn't have enough money to do so in his cu
    6·2 answers
  • On April 1, 9,000 shares of $7 par common stock were issued at $26, and on April 7, 5,000 shares of $70 par preferred stock were
    9·1 answer
  • Clark Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $12 of variable costs to
    5·1 answer
  • Global information systems pose challenges because cultural, political, and language diversity magnifies differences in organiza
    15·1 answer
  • Data for Hermann Corporation are shown below:
    9·1 answer
  • Destiny and Enzo engage in a business transaction. When a dispute arises, Destiny initiates a lawsuit against Enzo by filing a c
    15·1 answer
  • Stanford owns and operates two dry cleaning businesses. He travels to Boston to discuss acquiring a restaurant. Later in the mon
    14·1 answer
  • Prepare an amortization schedule for a three-year loan of $84,000. The interest rate is 9 percent per year, and the loan calls f
    6·1 answer
  • ​Bradley's Copiers sells and repairs photocopy machines. The manager needs weekly forecasts of service calls so that he can sche
    12·1 answer
  • Do you think I would be a successful you-tuber?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!