Answer:
Follows are the responses to the given question:
Explanation:
The same is always (2) and (3). This entry type which will raise the balance of the account is the typical balance expenditures, assets, earnings, and borrowing accounts are boosted by debits and reduced by loans. Credits increase income, liability, capital stocks, and owner's account and debits.
Asset:
Option b. Equipment
Option e. Cash
Option g. Prepaid Insurance
Option h. Land
Option i. Accounts Receivable
Liability:
Option c. Notes Payable
Option l. Unearned Revenue
Equity:
Option d. Common Stock
Option j. Dividends
Revenue:
Option k. License Fee Revenue
Option a. Fees Earned
Expense:
Option f. Legal Expense
IRR function for this problem is 7. 7% and invest in the project
<h3>What is
IRR function?</h3>
The Excel IRR function returns the internal rate of return (IRR) for a sequence of cash flows that occur at regular intervals. Determine the internal rate of return. Return was calculated as a percentage. =IRR (values, [guess])
IRR is the interest rate at which the sum of all cash flows equals zero, thus it is useful for comparing one investment to another. In the preceding example, if we substitute 8% with 13.92%, the NPV becomes 0, and your IRR becomes zero. As a result, IRR is defined as the discount rate at which a project's NPV becomes zero.
To know more about IRR function follow the link:
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General education is the "very first part of the degree before you get into the main classes." General education is dealing with college and it's the first part of college before you get your main classes and such. General education also makes up a great amount of a degree.
Hope this helps.
Answer:
a.
Date Account Details Debit Credit
Cash $27,000
Common Stock $27,000
b.
Date Account Details Debit Credit
Land $9,000
Notes Payable $9,000
c.
Date Account Details Debit Credit
Vehicles $18,000
Cash $2,000
Notes Payable $16,000
d.
Date Account Details Debit Credit
Vehicles $800
Cash $800
e. This does not require a journal entry as it is a personal transaction.
No se la mera neta pero te puedo ayudar cuando sepa