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allochka39001 [22]
2 years ago
8

Smith Decorating Services pays $200 cash for rent expense. How would this transaction affect the accounting equation?

Business
1 answer:
Pavel [41]2 years ago
5 0
Equity would decrease (Expenses, Rent Expense in this case, causing Retained Earnings to decrease).
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Business analytics tools are used with data in the ________________ to gain insight and support decision making.
kenny6666 [7]

Answer:

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Explanation:

The extensive use of data and quantitative analysis to support fact-based decision making within organizations.

8 0
2 years ago
Suppose that you won a lawsuit and were awarded a series of payments of $10,000 a year for 10 years. Assuming an interest rate o
DochEvi [55]
Okay. So it's $10,000 per year, which is $100,000 in 10 years. I'm not so sure how to solve it exactly, but I found a lump sum calculator online. I put the information on that and according to the calculator, today's payment in a lump sum would be $50,894.93. The future value is $100,000 with 10 periods (in this case, years) of the interest rate of 7% once per year. I think that the answer is $50,894.93.
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3 years ago
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miss Akunina [59]

Answer:

In California, if the tip is included in the service charge, Anne's employer must pay taxes for them. The employer is required to pay for these taxes in California, not the employee. Even though tips are not part of an employee's wage, they are still taxable. This means that Anne must include the $51 in her AGI.

5 0
3 years ago
Assume that a speculator purchases a put option on British pounds (with a strike price of $1.50) for $0.05 per unit. A pound opt
gladu [14]

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2 years ago
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