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Debora [2.8K]
3 years ago
14

A model of sea ice coverage is made with sketches and diagrams. it shows that ice cover increased in the antarctic and decreased

in the arctic from june to july. what type of model is this?
Business
2 answers:
yaroslaw [1]3 years ago
3 0

This would be a conceptual model.

const2013 [10]3 years ago
3 0

Answer:

Conceptual model.

Explanation:

The above question shows an example of a conceptual model, as it exposes factual information related to an environment common to the individual.

Conceptual modeling is the most natural form of fact and is closer to the reality of the customer environment. In the conceptual model the client should be involved in order to obtain the data that will support the construction of the whole model.

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Nebraska Inc. issues 4,100 shares of common stock for $131,200. The stock has a stated value of $15 per share. The journal entry
julsineya [31]

Answer:

$61,500

Explanation:

Based on the information given if the company

issues 4,100 shares of common stock for the amount of $131,200 in which the stock has a stated value of $15 per share which means that The journal entry to record the stock issuance would include a credit to Common Stock for $61,500 Calculated as:

Credit to Common Stock=4,100 shares*$15 per share

Credit to Common Stock=$61,500

5 0
3 years ago
What is a sinking fund?
rosijanka [135]
A fund formed by periodically setting aside money for the gradual repayment of a debt or replacement of a wasting asset.
4 0
2 years ago
Partnership records show the following capital balances at the date of Hopkin's withdrawal: M. Hammel, $80,000; D. Hopkins, $210
Anestetic [448]

Answer:

Dr D. Hopkins, Capital 210,000

Cr P. Houghton, Capital 10,000

Cr M. Hammel, Capital 10,000

Cr Cash 230,000

Explanation:

Preparation of the December 31 journal entry for the partnership.

Based on the information given the December 31 journal entry for the partnership will be :

Dr D. Hopkins, Capital 210,000

Cr P. Houghton, Capital 10,000

(100,000-80,000/2)

Cr M. Hammel, Capital 10,000

(100,000-80,000/2)

Cr Cash 230,000

3 0
2 years ago
A factory machine was purchased for $375000 on january 1, 2018. it was estimated that it would have a $75000 salvage value at th
natima [27]
Given that a<span> factory machine was purchased for $375000 on january 1, 2018. it was estimated that it would have a $75000 salvage value at the end of its 5-year useful life. it was also estimated that the machine would be run 40000 hours in the 5 years. the company ran the machine for 4000 actual hours in 2018.

If the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2018 would be

\frac{375000-75000}{40000} \times4000= \frac{300000}{10} =\$30,000</span>
4 0
3 years ago
On July 9, Mifflin Company receives a $8,600, 90-day, 12% note from customer Payton Summers as payment on account. What entry sh
ivolga24 [154]

Answer:

Mifflin Company

Journal Entry:

Debit Notes Receivable (Payton Summers)$8,600

Credit Accounts Receivable (Payton Summers)$8,600

To record the receipt of a 90-day, 12% note.

Explanation:

Mifflin Company uses this journal entry to record the receipt of a note receivable from Payton Summers in payment on account.  This effectively transfers the debit from Accounts Receivable account to a Notes Receivable account.  By this action, the debt is formalized while Mifflin Company is now able to charge interest on the unsettled balance at the agreed rate per annum.

3 0
3 years ago
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