On January 31, Jean Marie’s business receives a bill for that month’s utilities in the amount of $500. Jean sets it aside because she does not plan to pay the bill until its due date of February 15. What effect, if any, does this event have on the company’s accounting equation as of January 31?
Solution: The event that Jean does not plan to pay the bill until due date of February 15 must be recorded. Recording this event would increase the liabilities and decrease equity on January 31.
9514 1404 393
Answer:
(12480 -3600)/48
Step-by-step explanation:
Assuming a 0% interest rate, the monthly payment will be 1/48 of the amount remaining after the down payment:
(12480 -3600)/48
_____
= 185
Answer:
16 apples.
Step-by-step explanation:
Price of apples, Px=$4
Price of tomatoes, Py=$3
Ratio of their Marginal Utilities
Since Natalie’s income is $320
320 = xPx+yPy
Since x=16, Natalie will consume 16 apples.
Answer:
CBA=MNP
Step-by-step explanation:
Side NP=CB
Side NM=AB
then the angles between those sides are equal
Step-by-step explanation:
S = { 1, 2, 3, 4, 5, 6 7, 8 }
n ( S ) = 8
Let A be the event of getting 4,
A = { 4 }
n ( A ) = 1
P ( A )
= n ( A ) / n ( S )
= 1 / 8
Therefore, the probability of spinning a 4 is 1 / 8.
S = { A, B, A, C, A, B }
n ( S ) = 6
Let Y be the event of getting C,
Y = { C }
n ( Y ) = 1
P ( Y )
= n ( Y ) / n ( S )
= 1 / 6
Therefore, the probability of spinning a C is 1 / 6.
