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
anzhelika [568]
3 years ago
8

Toys R Fun purchased $4,000 of merchandise for resale and paid immediately. To record this transaction, Toys R Fun's accountant

would debit the __________ account and credit the _________ account.
Business
1 answer:
mojhsa [17]3 years ago
8 0

Answer:

Debit Merchandise Inventory and Credit Cash

Explanation:

You made a purchase of merchandise that was paid now so that would increase your merchandise inventory.  Cash is credited because you paid them cash and you cash account decreased.

You might be interested in
A(n) ________ includes a group of senior managers responsible for systems development.
Savatey [412]

A <u>steering committee</u> includes a group of senior managers responsible for system development.

A steering committee is an advisory organization that makes directional choices on various organizational initiatives. Its members at once aid project managers working in the direction of strategic enterprise directions.

Key roles and responsibilities of a steering committee: it provides recommendations on mission resource utilization, time limits, staff hiring, and advertising wishes. Manual the assignment group in accomplishing milestones in step with the challenge plan. determine average mission scope and strategic project route.

The board is made of individuals who participated on the guidance committee that created the business. The steering committee is normally composed of industry leaders inside the network that help generate assistance for the entity.

Learn more about staff hiring here brainly.com/question/2158595

#SPJ4

4 0
2 years ago
What is the term that describes a group of firms cooperating with each other in order to avoid competition?
Marrrta [24]
The right answer for the question that is being asked and shown above is that: "communication" the term that describes a group of firms cooperating with each other in order to avoid competition is that of <span>communication</span>
7 0
3 years ago
Venus Company has the following information: Month Budgeted Sales January $90,000 February 85,000 March 92,000 April 79,000 Budg
gayaneshka [121]

Answer:

$20,600

Explanation:

Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of the asset.

Depreciation is a non-cash item in the income statement as the actual cash spent for the purchase of the asset would have been capitalized in the balance sheet.

Hence the  total cash disbursements budgeted for operating expenses for the month of January would not include depreciation.

Total cash disbursements budgeted for operating expenses for the month of January

= $15,000 + $12,000 + (4% × $90,000)

= $15,000 + $12,000 + $3,600

= $20,600

4 0
3 years ago
______ occurs when an employee or an applicant is treated unfairly at work or in the job hiring process due to an identity group
Leviafan [203]

Answer:

Workplace discrimination.

Explanation:

Workplace discrimination is an extremely negative situation that occurs due to certain characteristics of an individual. It may occur because the individual belongs to different ethnic groups, depending on nationality, color, religion, etc.

This situation is harmful to the organization as a whole, the discriminated individual is the one who suffers the most for having their equality rights violated and for feeling coerced and disrespected in a work environment that should be supported by criteria of equality, ethics and collaboration .

It is necessary for companies to be aware of possible loopholes in their policies that may corroborate with such illegal acts, revising them whenever necessary and strengthening the values ​​of respect for personal individualities and equality among employees.

8 0
3 years ago
Suppose that you were born in 1998. also, suppose that your mother received a $100 baby shower gift at your birth. how much woul
Aliun [14]
Using the cpi in 2013, of 233 and in 1998 of 163, divide 233/163=1.43 x 100=$143 the cost in 2013 of the same baby shower item as in 1998. In other words the purchasing power of the $1 decreased over this time period to account for this. 
7 0
3 years ago
Other questions:
  • A marketing manager decides what combination of variables is needed to satisfy customers' needs for a general type of product. W
    14·1 answer
  • Consider two spices, cumin and paprika, to be substitutes, a decrease in the supply of paprika, should cause an increase in the
    6·1 answer
  • Which of the following factors played an important role in speeding up globalization
    14·2 answers
  • The journal entry to record direct labor for Department A and Department B would include a. a decrease to Work in Process for ea
    9·1 answer
  • Which of the following situations suggests the acceptance of an investment​ proposal? A. The cash inflows are lesser than the in
    9·1 answer
  • Finding a need for a product or service on which to base a start-up business is the
    15·1 answer
  • Which of the following statements about entrepreneurs is FALSE? A. Entrepreneurs are people who start a new business. B. Entrepr
    5·1 answer
  • When are winner-take-all markets good for consumers?
    7·1 answer
  • Blue Ridge Crafters is a co-operative that distributes traditional household furnishings, such as home-spun textiles, hand-throw
    8·1 answer
  • Currently digby is paying a dividend of $19. 67 (per share). if this dividend were raised by $3. 64, given its current stock pri
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!