1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vaselesa [24]
3 years ago
10

What effects does this journal entry have on the accounts? decrease cash and increase land decrease cash and decrease land incre

ase cash and increase land increase cash and decrease land?
Business
1 answer:
mezya [45]3 years ago
3 0

Answer:

Decrease cash and increase land

Explanation:

The transaction is:

Account             Debit        Credit

Land                $105,000

Cash                                  $105,000

Purchased land for business.

Both land and cash are assets: they are debited when they increased, and they are credited when they decrease.

Because cash was used to purchase the land, cash decreases and land increases.

You might be interested in
If income increases by $100 and consumption increases by $75, the slope of the consumption function equals _____.
Rainbow [258]

Answer:

3/4

Explanation:

The marginal propensity to consume mpc, is the slope of the consumption function and it is what this question requires us to find

We have income increase to be = 100 dollars

Then consumption increase = 75 dollars

MPC = increase in consumption ,75/increase in income 100

= 75/100

= 3/4

Therefore the marginal propensity to consume also called the slope is 3/4

8 0
3 years ago
What do individual shareholders gain when they buy shares of a company’s stock?
soldi70 [24.7K]
Control and money and custemurs if that isn't right sorry first time<span />
8 0
3 years ago
Read 2 more answers
When you buy an e-book at Amazon, it uses ________ to recommend an e-book by a similar author within the same genre.
Anarel [89]

Answer:

The correct word for the blank space is: the purchases history.

Explanation:

Purchases history allows businesses to have an idea of what the preferences of its customers are or how they can change over time. It is a helpful tool firms can use to offer similar or complementary products that may be of interest to their customers and that may end up increasing the organization's revenues if the consumer makes the additional purchase.

8 0
2 years ago
A common type of partnership that involves a managing partner and a financial partner is known as a(n):________
balandron [24]

A general partnership is a partnership when all partners share in the profits, managerial responsibilities, and liability for debts equally.

<h3>What is general partnership?</h3>

A general partnership, the most basic type of partnership under common law, is an organization of people or an unincorporated company that has the following major characteristics: Agreement, proof of existence, and estoppel must all be used to create it.

Two conditions must be met in order to form a general partnership: The company must have at least two owners. All partners must agree to accept unlimited personal responsibility for any debts or legal liabilities incurred by the partnership.

Unless otherwise stated in the agreement, all partners in a general partnership have equal standing and the authority to participate in the management of the business. When a decision must be made, each partner is usually given one equal vote.

To know more about general partnership follow the link:

brainly.com/question/25641198

#SPJ4

7 0
1 year ago
In his presentation to his co-workers, Kyle encouraged his colleagues to reach their highest potential and take pride in their w
Contact [7]

Answer:

Self actualization need

Explanation:

Since Kyle encouraged his colleagues to do <u>reach their highest potential</u> and take pride in their work. According to Maslow's hierarchy, Kyle appeal to self actualization need

Maslow defined self-actualization to be "the desire for self-fulfillment, namely the tendency for an individual to become actualized in what he is <u>potentially</u>. This tendency might be phrased as the desire to become more and more what one is, to <u>become everything that one is capable of becoming</u>."  

The underlined statements in kyle's speech and the definition, are of the same meaning

6 0
3 years ago
Other questions:
  • LPM company is a furniture 5 points manufacturer having a current market price of $70 per share. Mrs. Jennifer is a warrant hold
    13·1 answer
  • The estimated serving size for pasta and vegetables according to the "hand method" is
    10·1 answer
  • What percent of all businesses in the United States are corporations, and they account for 80% of the total business dollars gen
    15·1 answer
  • businessYou are a Slovak immigrant steelworker in Pennsylvania. What reasons would you have for joining a union? Describe your h
    10·1 answer
  • The law of comparative advantage indicates that if a group of individuals wants to maximize their joint output, then each good s
    9·1 answer
  • Pls help me and thanks I’m super stuck
    11·2 answers
  • "In the recent years, prices of basic food commodities such as corn, rice, and wheat have increased sharply. An article in the W
    11·1 answer
  • Bayside Marina just announced it is decreasing its annual dividend from $1.48 per share to $1.45 per share effective immediately
    13·1 answer
  • he manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indica
    13·1 answer
  • English - Hey, so I'm starting a little business. I'm going to be customizing shoes. If you want a pair of shoes please tell me.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!