1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vsevolod [243]
3 years ago
6

Winkler Company borrows $85,000 and pledges its receivables as security. The journal entry to record this transaction would be:

Business
1 answer:
Elina [12.6K]3 years ago
5 0

Answer:

a. Debit Cash of $85,000 and credit Accounts Receivable $85,000.

The answer and procedures of the exercise are attached in the image below.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

You might be interested in
Select the examples that best demonstrate likely tasks for Science and Math workers.
Kazeer [188]
A, B, and C would best demonstrate the tasks.
7 0
3 years ago
John bought a waterfront lot with a setback requirement of 50 feet from the street. the lot is only 100 feet deep and drops off
LenKa [72]
<span>He would apply for a variance. This would allow John to deviate from the current zoning laws as set by the location that he is living in. This variance would give John the ability to build his home to the dimensions required by the land, as well as still being able to meet the specifications he is wanting.</span>
3 0
3 years ago
The time taken for guests to check out at a hotel front desk was measured over the course of several weeks. the management belie
marishachu [46]
The statement that is correct and true is the process is centered and capable. The process capability index will be centered and capable. The management is correct is setting the time of 2.5 minutes of checking out the guest. So the answer in this question is the process capability index is centered and capable.
6 0
4 years ago
Two 20-year corporate bonds are issued at par, with stated interest rates of 10%. One issue is puttable at par in 5 years, while
True [87]

Answer:

b. The bond puttable in 10 years will depreciate more than the bond puttable in 5 years

Explanation:

Data provided in the question

20 -year corporate bond i.e issued at par at 10%

One issue is for 5 years

other issue is for 10 years

Now if the interest rate rise by 200 basis points

So,

Based on the above information

If a bond is issued at a future date, any price drop due to higher interest rates will be eliminated as the holder is able to return the bond to the issuer earlier

Hence, the option B is correct

8 0
3 years ago
Arona Corporation manufactures canoes in two departments, Fabrication and Waterproofing. In the Fabrication Department, fibergla
myrzilka [38]

Answer:

Option (3) is correct.

Explanation:

Given that,

Unit completed and transferred out = 74 units

Ending work in process = 20 units

Here, we are using a weighted-average process cost system,

Equivalent units:

= Unit completed and transferred out + (Ending work in process × Percent completion)

= 74 units + (20 units × 100%)

= 74 units + 20 units

= 94 units

Therefore, the Fabrication Department's equivalent units of production related to materials for July is 94 units.

4 0
3 years ago
Other questions:
  • Kaira's company recently switched to a new calendaring system provided by a vendor. Kaira and other users connect to the system,
    11·1 answer
  • Domino’s Pizza has been in business more than 50 years and claims to be "#1 Worldwide in Pizza Delivery" with over 13,000 locati
    15·1 answer
  • Personal finance chapter 5. A Cerificate of desposit will often result in a penalty for withdrawing funds beofre the maturityy d
    14·1 answer
  • Which best compares and contrasts Banking and Investment Planning?
    9·2 answers
  • ABC opened for business on January 1, 2018, and paid for two insurance policies effective that date. The liability policy was $3
    13·1 answer
  • On March 31, 2019, the balances of the accounts appearing in the ledger of Racine Furnishings Company, a furniture wholesaler, a
    12·1 answer
  • When max Webber developed bureaucratic management ?
    8·1 answer
  • Write a 5 sentence paragraph about respecting people’s privacy and their boundaries can’t use simple sentences
    12·1 answer
  • Governments sometimes allow hyperinflation to occur because:.
    9·1 answer
  • ethan worked as a salesperson for a pharmaceutical company. for the past year he missed every sales quota and stretch goal origi
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!