Answer:
short-term investment 10,000 debit
cash 10,000 credit
note receivables 5,000 debit
cash 5,000 credit
equipment 18,000 debit
cash 5,000 credit
note payable 13,000 credit
cash 11,000 debit
common stock 1,000 credit
additional CS 10,000 credit
cash 9,000 debit
note payable 9,000 credit
Patents 3,000 credit
cash 3,000 debit
Building 24,000 debit
cash 8,000 credit
note payable 16,000 credit
cash 1,000 debit
equipment 1,000 credit
Explanation:
To record the entries we need to alwasy make debit = credit
we must use account names to represent each concept which are quite easy you don't have to overthink ou write what it is telling you it happen
Whe nthe company use cash use cash account
when it purchase equipment use equiptment
Answer:
His payments are $64.63 every week.
Explanation:
P = Regular Payments = ?
PV = Loan Amount = $16,400
r = rate of interest = 10.99%
n = no of periods = 7 = 364
P = [r (PV)
] / [1 - (1 + r )^-n]
P = (10.99%/52)*16400 / 1 - [1 / (1 + 10.99%/52)^364)]
P = 34.66076923 / 1 - [1 / 2.156503587]
P = 34.66076923 / 0.53628642
P = 64.63107760588
P ≈ $64.63 weekly
The answer is ‘beg’. Since line notes (starting from the bottom and going up on the treble clef) are E G B D F. And the space notes () are F A C E
As a strategy, market penetration is used when the business seeks to increase sales growth of its existing products or services to its existing markets in order to gain a higher market share.
Answer:
MedBit Inc. is a joint venture company.
Explanation:
A joint venture is an entity established by two or more existing entities for a purpose.
Medzone Inc. and Bit Corp will jointly share from the business outcomes of this third entity, which is legally separate from the two.
Reasons for forming joint venture companies include to combine expertise, reduce costs, and leverage resources. Medzone Inc. and Bit Corp must have considered these advantages in setting up MedBit Inc.
The purpose of all ventures is the creation of value for stakeholders. Where two or more entities consider that they can achieve more value creation, they can come together to do so.
