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REY [17]
3 years ago
6

Bob likes to buy and sell things. Assume Bob made the following transactions: he bought an antique for $300 and sold it for $500

; he bought shares of stocks for $1,000 and sold the shares for $500; and he bought a car for $9,500 and sold it for $9,800. Overall, Bob:______.A. Made a gain.B. Incurred a loss.C. Broke even.D. Earned a $200 dividend.
Business
1 answer:
Arisa [49]3 years ago
8 0

Answer:

Broke even

Explanation:

Since it is given that

The antique bought at $300 and it sold for $500 so it reflects the profit of $200 as sale price is more than the purchase price

The shares of stock bought for $1,000 and it sold for $500 that reflects the loss of $500 as purchase price is more than the sale price

Now if the car is bought for $9,500 and the car sold for $9,800 that reflects the profit of $300  as sale price is more than the purchase price

So, the total profit is $500 and the total loss is $500.

Therefore, this is a break even where there is no loss or no gain

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Which of the following journals would a company use to record cash collections from customers, net of discounts taken?
erastova [34]

Answer:

b. Cash receipts journal.

Explanation:

When cash will be collected from customers net of discounts cash receipts journal will be used.

As at time of sale customers account will be debited and at the time when the payments will be received cash receipts journal will be debited and customer's account will be credited and accordingly, since cash is received and specific it is, General Journal will not be affected, and cash disbursements journal will also not be affected.

Also, as there are no purchases purchase journal will also not be affected, and sales journal will be affected at time of sale but not at he time of receiving payments from customers.

Thus, correct answer is

b. Cash receipts journal.

6 0
2 years ago
You are a leader in a paper manufacturer that has recently been charged with using too many trees and polluting groundwater arou
goldfiish [28.3K]
I am the leader of a manufacturer of labor and basically how can i help my environment well at first i would only use the necessities that i need to use. i wouldn't really go over board on a product. recyclables always do help in our environment as well.
5 0
3 years ago
Question 6 of 20
Mashutka [201]

Hello, ~Allow~me~to~Help~you!

Answer:

OA.<u> Following the workplace dress code</u>

Explanation:

By Following the workplace regulations or rules they may have will most likely lead to success in the workplace.

Option B. is incorrect because It's important to work with other people or ask for help.

Option C. That is incorrect because it may seem like you are Anti-Social.

Option D. is incorrect because If you have a certain time to be at work and you show up whenever you want there may be consequences.

Hope this Helps you! <33

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4 0
1 year ago
Gertie was sitting on her porch when she saw William, a person who lived down the street from her whom she occasionally spoke to
Paul [167]

Answer:

William would win the court ruling becuase Gertie saw the truck and knew it was going to hit william

Explanation:

4 0
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Vinil7 [7]
The answer would be : B. Target Marketing

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