Answer:
Bank A/c Dr $63,000
To Notes Payable $63,000
(Being the issuance of the installment note for cash is recorded)
Explanation:
The journal entry is shown below:
Bank A/c Dr $63,000
To Notes Payable $63,000
(Being the issuance of the installment note for cash is recorded)
For recording this transaction, we debited the bank account as it increased the assets account and at the same time it decreased the liabilities so the notes payable is credited
Answer:
$965.075
Explanation:
Payroll taxes for the month of January is = FICA +FUTA +SUTA+
federal income taxes withheld+voluntary deductions for health insurance +contributes retirement plan.
= (0.0145*6350) +(0.006*6350)+(0.054*6350)+216+184+92
= 92.075+38.1+342.9+216+184+92
= 965.075
$965.075
Some money like Social Security is 6.2% of the first $118,500( not added because he's earnings are not up to $118500 and it's yearly stuff) and unemployment taxe is not added because his earnings is not up to $7000
With stocks of 8% for A and 16% for B, The global minimum variance is given as 10.5 percent
<h3>How to solve for the variance</h3>
The expected return of the stock for the country a is given as 0.05
The Weight of this country's stock market WA = 0.5
The expected return of the stock for the country a is given as 0.16
The Weight of this country's stock market Wb = 0.5
Expected Return of the portfolio can be calculated as
= (WA x RA) + (WB * RB)
Expected Return of the portfolio = (0.5x 0.05 ) +(0.5*0.16)
= 0.105
= 10.5%
Read more on variance here: brainly.com/question/10687815
If short-run equilibrium output equals 20,000 and full employment equals 25,000, then this economy has <u>recessionary.</u>
<u></u>
There have been 48 recessions in the United States dating back to the Articles of Confederation, and economists and historians determine that the 19 recessions before the Great Depression were bigger than since the end of World War II.
The health of the country's agricultural and industrial production, consumption, business investment, and banking sectors contributed to these declines.
The US recession is weighing more heavily on economies around the world, especially as national economies become more and more interdependent.
learn more about recessions here; brainly.com/question/532515
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