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4 years ago

What is the answer in effects in accounting equation?

Business

1 answer:

Ann [662]4 years ago

5 0

Answer:

No effect

Explanation:

The journal entry to record this give transaction is shown below:

Furniture Dr RM13,000

To Bank RM 13,000

(Being the furniture purchased by cheque is recorded)

For recording this we debited the furniture as it increased the asset and credited the bank as it decreased the assets

Therefore there is no effect in the accounting equation as the increase and decreased in done in asset side only

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City A, City B, and City C are cooperating to build a community center catering to the three cities. Seats on the 10-member comm

muminat

Answer:

city A = 3 members in the committee

city B = members in the committee

city C = 4 members in the committee

Explanation:

City A: 18,000 people

City B: 21,000 people

City C: 22,000 people

total 61,000 people

A seat in the committee will be assigned for every 6,100 people

city A = 18,000 / 6,100 = 2.95 ⇒ city A will get 2 + 1 = 3 members in the committee

city B = 21,000 / 6,100 = 3.44 ⇒ city B will get 3 + 0 = 3 members in the committee

city C = 22,000 / 6,100 = 3.61 ⇒ city A will get 3 + 1 = 4 members in the committee

2 + 3 + 3 = 8, there were 2 remaining committee members that should be divided using the size of the remainders: 0.95 > 0.61 > 0.44

8 1

4 years ago

What are the different schools (beliefs) of decision making?

Sladkaya [172]

The different schools (beliefs) of decision making are :
utlitarian decision making- ethical decision are primary
right decision making - everyone involved should be granted the same rights
fairness and justice decsion making - th
common good decision making - individuals as part of a larger community.
virtue decision making - honesty, generosity and knowledge are the most important parts of the decision making process

4 0

3 years ago

Read 2 more answers

At a large business, employees must report to work at 7:30 A.M. The arrival times of employees forms approximately a bell-curve

bazaltina [42]

Explanation:

WHAT TYPE OF CODE IS THAT WHAT GRADE ARE YOU IN IM IN 10 AND ALSO I FORGOT

4 0

4 years ago

Companies that have paid out millions of dollars as a result of discrimination lawsuits include: A. Target and Honda B. Wal-Mart

snow_lady [41]

Answer:

B. Wal-Mart and Texaco.

Explanation:

When labors or workers believe that they treated unfair they can react by leaving the organization or in an extreme case filing a lawsuit. Corporations have to spend millions of dollars for settlement of discrimination lawsuits. An average settlement for such lawsuit can be $45,000 and in greater cases it could reach to $1 million. Wal-Mart and Texaco companies have also faced such lawsuits and spent millions of dollars for the settlement.

4 0

4 years ago

Read 2 more answers

You borrow $10,000 today at a nominal rate of 5%; inflation for the past 10 years has been exactly 2%. Today, inflation instantl

Tamiku [17]

Here is the answer choice to the question

a. the real rate of interest on your loan is 14%.

b. the real rate of interest on your loan was previously 10% and is now 35%.

c. the real rate of interest on your loan is now –2%.

d. you will pay the lender back exactly $9,500.

e. you will pay the lender back exactly $10,700

Answer:

C. the real interest rate on your loan is now -2%

Explanation:

The real interest rate of can be gotten by subtracting the nominal interest rate from the inflation rate from nominal interest rate

Inflation rate = 7%

Nominal interest rate= 5%

= 5 percent - 7 percent

= -2%

The real interest rate can be defined as the rate of interest an investor, saver or lender is going to receive after they have allowed for inflation.

6 0

3 years ago