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
german
2 years ago
14

Bledsoe Company received $15,000 cash from the issue of stock on January 1, 2013. During 2013 Bledsoe earned $8,500 of revenue o

n account. The company collected $6,000 cash from accounts receivable and paid $5,400 cash for operating expenses. Based on this information alone, during 2013.
Business
1 answer:
kati45 [8]2 years ago
5 0

Answer:

Total assets is increased by $18,100

Explanation:

The computation is shown below:

= Cash received from the issue of stock + revenue earned on account - cash paid for operating expenses

= $15,000 + $8,500 - $5,400

= $18,400

This positive amount shows that there is an increase in the total assets for $18,100

The cash collected from the account receivable is not relevant. Hence ignored it

You might be interested in
What percentage of greek students would participate in a hazing activity, even if it made them uncomfortable?
pogonyaev

Less than 10% is the percentage of Greek students that would participate in a hazing activity, even if it made them uncomfortable. This percentage is justifiable because student participation in hazing activities is prohibited and the accompanying danger to physical and mental health induced to a student is one factor that makes it more off-putting.

4 0
3 years ago
A researcher was interested in the relationship between the number of texts sent in a day and the number of e-mails sent in a da
mixas84 [53]

Answer:

A. 14

Explanation:

the researcher claims that the width of the interval would have been smaller if the sample had been different, and in this case different refers to larger. The original sample included only 15 people, so in order to increase the data sample, you must include more than 15 people. That is why 14 doesn't make sense.

3 0
3 years ago
Minors are liable for the reasonable value of the necessary:______.
kotegsom [21]

Answer:

b. that they agreed to purchase.

Explanation:

A minor is a person who is under the age of 18 and unable to make decision on his own such as mentally impaired or incompetent persons .

A minor cannot enter a contract like adults but if under any circumstance they enter into a contract of sale purchase of daily goods like clothing etc, they are liable to pay the price which they agreed to pay.

Their parents are liable only if the contract was made according to the parent's will etc.

If the minor is unable to pay the agreed amount then the minor should return the goods or fulfill any other liability as imposed by the court of law.

8 0
2 years ago
What is effective demand?
Ahat [919]
The level of demand that represents a real intention to purchase by people with the means to pay
5 0
2 years ago
Under the Uniform Securities Act, which of the following negates a client's right to a civil suit for damages?
mart [117]

Answer:

C) I only.

Explanation:

According to the Uniform Securities Act, A civil case underneath the provisions of the United States must be filed in 3 years of the alleged infringement, or 2 years from the detection of the breach, whatever comes first.

Also, The passing of the consultant or the client doesn't really eliminate a civil liability prima facie case. Waivers to statements agreed to sign by the customer waiving adherence by the consultant with the provisions of this act on which the suit is focused aren't ever legitimate on the examination.

Therefore the option i is correct

8 0
3 years ago
Other questions:
  • Perfect Stampers makes and sells aftermarket hub caps. The variable cost for each hub cap is $4.75, and the hub cap sells for $9
    15·2 answers
  • Owen Conner works part-time packaging software for a local distribution company in Indiana. The annual fixed cost is $10,000 for
    14·1 answer
  • In a perpetual average cost system: a. The average is determined by dividing the total number of units sold by the cost of units
    5·1 answer
  • During 2021, WMC Corporation discovered that its ending inventories reported in its financial statements were misstated by the f
    8·1 answer
  • If a business hires employees to perform different, highly specialized jobs,
    8·1 answer
  • In a pure market economy, the "What to produce?" question is ultimately answered by:
    9·1 answer
  • feisty children tend to learn to use the toilet with little difficulty, because they are biologically regulated is it true or fa
    13·1 answer
  • Suppose that the demand for milk in the United States is represented by the following equation, where P is the price of a gallon
    11·1 answer
  • Interest expense is not: Multiple Choice Incurred on long-term liabilities. Reported on the income statement. A fixed expense. L
    5·1 answer
  • covid-19 pandemic of 2020, e-tronics began weighing options for controlling or cutting costs due to lower revenue and profitabil
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!