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Ivan
2 years ago
9

Why sometimes people use credit card to pay for items instead of just using cash

Business
2 answers:
pav-90 [236]2 years ago
3 0
Sometimes they don’t want loose change in their wallets, pockets, etc. Coins are pretty heavy as well.
slavikrds [6]2 years ago
3 0
Also, with credit card you can track your purchases. Everything is linked to your card. With cash, it’s not linked to your name, if you lose it there is no way to prove that you are the rightful owner.
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June 1 Stockholders invested $21,800 cash in the business in exchange for common stock. 2 Purchased a used van for deliveries fo
True [87]

Answer:

June 1st

Cash   21,800 debit

  Common Stock  21,800 credit

June 2nd

Van-automobile 14,200 debit

             Cash          4,000 credit

            Note payable 10,200 credit

June 3rd

Rent expense 400 debit

           Cash              400 credit

June 5th

Accounts receivables 5,200 debit

             Sales Revenue    5,200 credit

June 9th

Dividends    300 debit

           Cash          300 credit

June 12th

Supplies 200 debit

       Accounts Payable  200 credit

June 15th

Cash  1,400 debit

     Accounts receivables 1,400

June 17th

Gasoline expense 200 debit

      Accounts Payable     200 credit

June 20th

Cash      1,300 debit

  Service Revenue   1,300 credit

June 23th

Note payable   600 debit

           Cash              600 credit

June 26th

utilities expense 350 debit

              cash                350 credit

June 29th

accounts payable 200 debit

          cash                     200 credit

June 30th

salaries expense 1,730 debit

                   cash             1,730 credit

Explanation:

Rules to perform journal entries:

credit = debit

also there should be at lease one account on debit and one in credit.

We must also remember that debits must be enter first.

Also, each acount must represent a single event or stuff. It cannot represent both stuff.

7 0
3 years ago
Category specialists are also called category ______ because of their ability to offer a complete assortment in a category at so
Mademuasel [1]

Answer:

are also called Category Killers

Explanation:

Category killers are retailers that diligently executes deep product assessment within a given category through selection, pricing, and market penetration.

8 0
2 years ago
A company makes two products, A and B. A sells for $100 and B sells for $90. The variable production costs are $30 per unit for
Slav-nsk [51]

Answer:

True

Explanation:

Profit function would be maximised.

Profit = Revenue - Cost

Let units of both goods be = A ,B

Revenue per unit good A = 100

Revenue per unit good B = 90

Variable Cost per unit good A  = 30

Variable Cost per unit good B = 25

Profit Function = (100 - 30)A + (90 - 35)B

= 60A + 65B

{The function is right without including 'average fixed cost' part of 'total cost' in the function because : average fixed cost is a constant & constant figure doesn't effect optimisation (via differentiation , ∵ d (c) = 0)

5 0
3 years ago
Place holders are...
Leokris [45]

place·hold·er

[ˈplāsˌhōldər]

NOUN

mathematics

a significant zero in the decimal representation of a number.

a symbol or piece of text used in a mathematical expression or in an instruction in a computer program to denote a missing quantity or operator.

linguistics

an element of a sentence that is required by syntactic constraints but carries little or no semantic information, for example the word it as a subject in it is a pity that she left, where the true subject is that she left.

3 0
3 years ago
50 points. Ethics are essential in good accounting. For this assignment, find examples of poor ethical behavior in accounting an
Alexxandr [17]

Answer:

Ethics of accounting information is providing accounting information to make good economic decisions in the financial statement of the organization.

Explanation:

8 0
3 years ago
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