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seraphim [82]
3 years ago
7

On March 8, Monty Candy Company bought supplies on account from the Arcade Fire Company for $664. Monty Candy Company incorrectl

y debited Equipment for $600 and credited Accounts Payable for $600. The entries have been posted to the ledger. the correcting entry should be _________.
Business
1 answer:
GalinKa [24]3 years ago
3 0

Answer:

Correcting Entry

March 8         Dr.       Cr.

Supplies     $664

Equipment             $600

Account Payable   $64

Explanation:

Entry Should be

March 8         Dr.       Cr.

Supplies     $664

Account Payable  $664

Entry Recorded

March 8         Dr.       Cr.

Equipment  $600

Account Payable  $600

Firs error is amount recorded as $600 rather $664 and the second is account of equipment debited rather the account of Supplies Inventory.

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Answer:

When you start training some activity, the results are usually not immediate and it might take months before they show up. When you are train, you want to become better at doing something and that takes practice, and practice takes time.

If I start going to the gym tomorrow I cannot expect to to lose 10 lbs. in a week, I realize it will take and sacrifice. The same applies to every new ability or discipline.

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3 years ago
WILL GIVE BRAINLIEST, PLEASE HELP ASAP!
telo118 [61]
The 2nd one

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3 years ago
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Seeing an apple (for Macintosh) or the Marlboro Man may make it easier for consumers to remember and consider these brands when
expeople1 [14]

Answer:

<h2>The answer in this case would be option A) from the answer lists or options of retrieval cue.</h2>

Explanation:

  • In general,retrieval cue involves an information retrieval process or mechanism which is primarily triggered by any identical previous memory or certain symbol/s which has been encountered by the brain previously.
  • Hence,based on retrieval cue,an individual can basically recall or register something based on a specific memory of any sign or symbol that is somehow related to the concerned object or thing that the individual is trying to remember.
  • In this case,seeing an Apple or Macintosh or Marlboro Man basically triggers certain memory/s associated with specific aspects or features of these brand that can enable them to remember and consider these brand while undertaking any purchasing decision/s.
8 0
3 years ago
In 2014, the Italian adult non-institutionalized population was 38.8 million, the labor force was 25.4 million, and the number o
Pie

Answer:

The correct answer is A.

Explanation:

Giving the following information:

In 2014, the Italian adult non-institutionalized population was 38.8 million, the labor force was 25.4 million, and the number of people employed was 22 million.

Labor force= 25.4/38.8= 65.5%

Unemployment rate= 3.4/25.4= 13.4%

8 0
3 years ago
The bond, which has a $1,000 face value and a coupon rate equal to 10 percent, matures in six years. Interest is paid every six
nikitadnepr [17]

Answer:

Market value of bond = 841.14

Explanation:

Explanation:

The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV) discounted at the yield rate.

Value of Bond = PV of interest + PV of RV

The value of bond  can be worked out as follows:

Step 1  

Calculate the PV of interest payments

Semi annual interest payment

= 10% × 1,000× 1/2 = 50

PV of interest payment

A ×(1- (1+r)^(-n))/r

r- semi-annual yield = 14%/2 = 7%

n- 6× 2 = 12

= 50× (1-(1.07^(-12)/0.07

= 397.13

Step 2

PV of redemption Value

PV = $1000 × (1.07)^(-12)

= 444.011

Step 3

Price of bond

= 397.13 +444.01

=841.14

Market value of bond = 841.14

3 0
3 years ago
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