Answer:
a.
Cash $1000 Dr
Common stock $1000 Cr
b.
Purchases $500 Dr
Cash $500 Cr
c.
Accounts Receivable $2000 Dr
Sales Revenue $2000 Cr
d.
Cost of Goods Sold $500 Dr
Inventory Account $500 Cr
e.
Cash $2000 Dr
Accounts Receivable $2000 Cr
Explanation:
a.
The cash received as a result of issuing shares is debited as cash is increasing while as the capital is increasing so common stock is credited.
b.
The inventory is purchased for cash so cash is credited and purchases are debited.
c.
The sale of inventory on credit means a debit to the accounts receivable account for the amount of sale and a credit to sales revenue.
d.
When inventory is purchased, we debit the purchases account and credit either cash or accounts payable.
Later on, we transfer the purchases to the inventory amount as it is purchased for the intention of sale. Thus, we credit the purchases account and debit the inventory account.
When a sale is made, we debit the cost of goods sold by the amount of inventory sold and credit the inventory account.
e.
Cash is received so it will be debit and accounts receivable be credited.
Answer:d
Explanation: because it is in the work place survival skills manual
hope this helps
The answer for the blank space is "<span>Gantt chart".
A Gantt chart is a sort of bar graph that delineates a task plan. Gantt charts illustrate the beginning and completion dates of the terminal components and rundown components of a project. Terminal components and rundown components contain the work breakdown structure of the project.</span><span>
</span>
Answer:
66%
Explanation:
- Students & retirees are not considered as part of Labor force
- people are under 16 age , are not part of working age population
- underemployed people are doing part time jobs, so counted as employed
Total employed = Employed full time + Underemployed
= 96 + 31
= 127 million
Unemployed workers = 8 million
Labor force size = employed + unemployed people
= 127 million + 8 million
= 135 million
Working age population:
= Total non-institutionalized population - People under age of 16
= 243 - 38
= 205 million
Therefore,
Labor force participation rate:
= (Labor force size ÷ Total non institutionalized population) × 100
= (135 ÷ 205) × 100
= 66%
