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
lesya [120]
3 years ago
13

Kelly Jones and Tami Crawford borrowed $46,500 on a 7-month, 4% note from Gem State Bank to open their business, Wildhorse’s Cof

fee House. The money was borrowed on June 1, 2022, and the note matures January 1, 2023. (a) Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Business
1 answer:
mel-nik [20]3 years ago
6 0

Answer:

Dr. Cash               $46,500

Cr. Note Payable $46,500

Explanation:

The funds received from the bond is a liability for the business. As cash is received against the liability, so to increase the cash balance we debited the cash account because cash is an asset and has debit nature. On the other hand, to record the liability we, have credited the note payable account because liability has credit nature.

You might be interested in
The strategic management process is the: a. full set of commitments, decisions, and actions firms take to achieve strategic comp
bija089 [108]

The answer is, full set of commitments, decisions, and actions firms take to achieve strategic competitiveness and earn above-average returns.

<h3>What is the strategic management process?</h3>
  • Setting policies, procedures, and goals in order to increase a company's or organization's competitiveness is the process of strategic management.
  • Strategic management typically focuses on efficiently allocating personnel and assets to accomplish these objectives.

<h3>What are the two major process of strategic management?</h3>
  • The formulation and implementation of strategy are frequently cited as the two main stages involved in strategic management.

<h3>Why is strategic management process important?</h3>
  • For a corporation to succeed in the long run, effective strategic management is crucial.
  • It entails formulating a business strategy with specific goals in mind, making plans for how those goals will be realized, coordinating daily operations with those goals, and allocating the resources required to reach those goals.

Learn more about strategic management process here:

brainly.com/question/24845876

#SPJ4

8 0
2 years ago
Land and Sea Incorporated would like your opinion about various countries as potential markets and investment sites. What genera
Pie

Answer:

Land and Sea Incorporated

Country Attractiveness:

The following are general information that can be used to assess the overall attractiveness of a potential country as a market and investment destination:

1. Economic Factors: Some consideration should be paid to the foreign exchange practices, the economic competitiveness, and the fiscal policies, including taxation of the destination country.

2. Political/Legal Factors: An investment destination needs a stable political system with smooth regime-transitions.  Investors should be able to secure their basic property and intellectual property rights.

3. Socio-Demographic Factors: The market potentials (market growth, entry and exit, and profit growth) and the ease of doing business in an environment are also important considerations.

4. Physical Infrastructure: It is very important to understand how the destination country is developing its physical infrastructure.  Are power and energy resources readily available?  Does the country possess good transportation networks that will enable the free movement of persons and goods?  The security of life and property is an important factor that should never be overlooked when considering the physical infrastructure.

Explanation:

Country attractiveness is the measure of a country's readiness to welcome both domestic and international investors and provide the enabling environment for business activities.  However, there should be a thorough evaluation of potential investments in a foreign country to determine the country’s suitability is in terms of its external business environments.  The critical decision to invest should not be left to sentiments and political rhetorics.  Some governments are experts in advertising the attractiveness of their countries.  Some of them, with their investment campaigns, are not bankable.

3 0
3 years ago
What are the 2 main sources of data
podryga [215]

Answer:

internal and external source

Explanation:

6 0
3 years ago
Read 2 more answers
How bad does a W look on a transcript?
PilotLPTM [1.2K]

Answer:

W's do not count against your overall GPA and thus, do no harm grade-wise. However, W's can run you at risk of losing financial aid. Schools have what's known as satisfactory academic progress which means that you'll need to be completing your courses for credit.

7 0
3 years ago
The automatic ticket machines at a railroad station are programmed to ask every 7th ticket buyer on a given day if they would bu
jeka94
Calculate the sample proportion (198 yes responses out of 316).
\hat{p}= \frac{198}{316} =0.6266

We want to test against a sample size of n = 2200 daily passengers.
In order to use the normal distribution, we should satisfy
n \hat{p} \ge 10\,\, and\,\, n(1 - \hat{p}) \ge 10
2200*0.6266 = 1378.5
2200*(1-0.6266) = 821.5
We may use the normal distribution.

Let us use a 95% confidence interval.
The estimate for the population proportion is
p=\hat{p} \pm z^{*}  \sqrt{ \frac{\hat{p}(1-\hat{p})}{n} }
where z* = 1.96 at the 95% confidence level.

1.96 \sqrt{ \frac{06266(1-0.6266)}{2200} } =0.0202
Therefore
p = 0.6266 +/-0.0202 = (0.6064, 0.6468)

Answer:
At the 95% confidence level, about 60% to 64% of regular passengers will buy snacks on the train.
3 0
3 years ago
Other questions:
  • What is the Best way to conduct a survey?
    9·2 answers
  • Please help me out this!!<br> Thanks<br> BRAINLIEST WILL BE GIVEN<br><br> EXPLAIN
    6·2 answers
  • Hardwoods, a timber supplying company, contracted with a furniture manufacturer, Taylor Furniture. Hardwoods owned a large plot
    15·1 answer
  • Pennewell Publishing Inc. (PP) Pennewell Publishing Inc. (PP) is a zero growth company. It currently has zero debt and its earni
    6·1 answer
  • Suppose a firm has a fixed cost of $20,000 and a $5 variable cost for every unit it produces. If it produces 100 units, fixed co
    12·1 answer
  • The Harsanyi Corp. is considering four investments. Which provides the highest after-tax return for Harsanyi Corp. if it is in t
    6·1 answer
  • A market survey shows that for every $ 0.10 reduction in the​ price, 40 more sandwiches will be sold. How much should the deli c
    15·1 answer
  • Allo Foundation, a tax-exempt organization, invested $200,000 in cost-saving equipment. The equipment has a five-year useful lif
    10·1 answer
  • Which of the following best describes a country’s external debt? It is the portion of the total national debt that is financed b
    10·1 answer
  • Which best explains why there are many job opportunities in the Lodging pathway?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!