False i believe is the correct answer,
Answer:
Salaries expense A/c Dr $34,000
To Cash A/c $34,000
(Being the salary is paid for cash is recorded)
Explanation:
The journal entry is shown below:
On January 3
Salaries expense A/c Dr $34,000
To Cash A/c $34,000
(Being the salary is paid for cash is recorded)
Since salary is paid so we debited the salary expense account and the cash is reduced so cash account should be credited.
The options which are given are not correct. So, ignored it
Answer:
$370,440
Explanation:
The computation of the working capital is as follows:
As we know that
Working capital = Current asset - current liabilities
where,
Current Assets is
= Total current assets - purchase of an equipment - salaries - borrowed amount
= $658,000 - $2,000 - $560 + $80,000
= $735,440
And, Current Liabilities is $365,000
So, the working capital is
= $735,440 - $365,000
= $370,440
Answer:
Determine how effective television commercials are in convincing viewers to purchase new vehicles
Explanation:
By determining how effective TV commercials are to persuade the customers to purchase the vehicles will help Eric study the relationship between local television commercials and the sales of new vehicles.
This will ultimately help him develop an effective marketing plan to advertise vehicles via TV commercial to boost the sales
