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seropon [69]
3 years ago
15

The minimum number of training days per week for gaining strength is:

Business
1 answer:
astra-53 [7]3 years ago
7 0
At least 3 days per week with sufficient reps and sets.
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Rayya company purchases a machine for $105000 on january 1, 2019. Straight-line depreciation is taken each year for four years a
klio [65]

Answer:

                      Journal entry For Depreciation

Date        Account and explanation            Debit    Credit

July 1 Depreciation expense                 $7,500

                (105000/7)*6/12

                       Accumulated depreciation-Machine   $7,500

                 (To record Depreciation)

1)                     Journal entry

Date        Account and explanation                      Debit     Credit

July 1        Cash                                                     $45,500

                Accumulated depreciation-Machine  $67,500  

                        Machine                                                         $105,000

                        Gain on Sale of Machine                              $8,000

                (To record sale of Machine)  

2)                                 Journal entry

Date         Account and explanation                       Debit       Credit

July 1         Cash                                                      $25,000

                 Accumulated depreciation-Machine  $67,500

                  (105000/7*4.5)

                 Loss on sale of machine                      $12,500

                         Machine                                                            $105,000

                 (To record sale of Machine)

6 0
2 years ago
Explain how a person who pursued a career in accounting could succeed as an entrepreneur.
rosijanka [135]

Answer:

own their own accounting business

4 0
2 years ago
Receive cash from customers, $15,000. Pay cash for employee salaries, $9,000. Pay cash for rent, $3,000. Receive cash from sale
Alexeev081 [22]

Answer:

Part 1

<u>Cash Account</u>

                                                                           $

<u>Debit :</u>

Receive cash from customers                     15,000

Sale of Equipment                                         8,000

Bank Loan                                                      4,000

Totals                                                            27,000

<u>Credit :</u>

Pay cash for employee salaries                   9,000

Rent                                                                3,000

Utilities                                                            1,000

Advertising                                                     7,000

Ending Balance                                              7,000

Totals                                                            27,000  

     

Part 2

Ending Balance is $7,000

Explanation:

Only Cash related purchases and receipts are posted to Cash Account. Thus ignore non-cash related transactions.

The Cash Account : Receipts are posted at the Debit side of this Account and Payments at the Credit Side.

The Balance : After determining the Totals of the Debit and Credit, the shortfall of any of that side represents the Balance.

7 0
3 years ago
Grandfather clocks have a particular market in auctions. One theory about the price at an auction is that it is higher when ther
anastassius [24]

Answer:

t value is 1.495

Explanation:

The null and alternative hypothesis are :

H0 : mu = 1327

ha: mu > 1327

This is a one tailed test

Critical value = 1.771

at 0.05 significance level with df = 14-1 = 13

test statistics:

s = 411.53, n = 14

t = (xbar -mu)/(s/sqrt9n))

= ( 1491.43 - 1327)/(411.53/sqrt(14))

= 1.495

Decision:

Reject H0 if tstat > 1.771

Fail to reject H0

5 0
3 years ago
History of Stock Exchange in India
fomenos

Answer:

The first organised stock exchange in India was started in 1875 at Bombay and it is stated to be the oldest in Asia. In 1894 the Ahmedabad Stock Exchange was started to facilitate dealings in the shares of textile mills there. The Calcutta stock exchange was started in 1908 to provide a market for shares of plantations and jute mills.

Then the madras stock exchange was started in 1920. At present there are 24 stock exchanges in the country, 21 of them being regional ones with allotted areas. Two others set up in the reform era, viz., the National Stock Exchange (NSE) and Over the Counter Exchange of India (OICEI), have mandate to have nation-wise trading.

They are located at Ahmedabad, Vadodara, Bangalore, Bhubaneswar, Mumbai, Kolkata, Kochi, Coimbatore, Delhi, Guwahati, Hyderabad, Indore, Jaipur’ Kanpur, Ludhiana, Chennai Mangalore, Meerut, Patna, Pune, Rajkot.

The Stock Exchanges are being administered by their governing boards and executive chiefs. Policies relating to their regulation and control are laid down by the Ministry of Finance. Government also Constituted Securities and Exchange Board of India (SEBI) in April 1988 for orderly development and regulation of securities industry and stock exchanges.

5 0
2 years ago
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