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3 years ago

Select the correct answer.

Business

1 answer:

BabaBlast [244]3 years ago

6 0

Answer:

The Exhaustible resources are scarce.

Explanation:

The Exhaustible resources are scarce. Exhaustible resources are the natural resources which are limited and takes years to form. They can be easily exhausted or depleted by the human activity. Exhaustible resources are- oil, gas, coal, etc.

Inexhaustible resources are the resources which can not be depleted by the human activity for example water energy, solar energy, wind energy, etc. Therefore Exhaustible resources are scarce as they cannot be formed quickly after use.

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What financial behaviors will typically lead to a low credit score everfi?

Arisa [49]

Maxed out credit cards

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3 years ago

What do you feel is the most important thing that you can do when saving money and what are some other ways you can save money.

Gnesinka [82]

Check your stuff to see what you already have and what you need.To go around buying everything you want just because its pretty.

4 0

3 years ago

Panther Company's bookkeeper debited supplies expense for the cost of goods sold during that month. The bookkeeper discovered th

MakcuM [25]

Answer:

Cost of Goods Sold Dr.

To Supplies Expense

Explanation:

The journal entry for cost of goods sold should've been:

Cost of goods sold A/C Dr.

To Purchases A/C

(Being cost of goods sold expense recorded)

The wrong entry passed has been:

Supplies expenses A/C Dr.

To Purchases A/C

The rectifying (correcting) journal entry should be:

Cost of Goods Sold A/c Dr.

To Supplies Expenses A/C

(Being rectification entry for cost of goods sold recorded)

Cost of goods sold is an expense and expenses should be debited.

At the same time, purchase being a nominal account, crediting it would reduce the purchases balance.

Supplies expense was wrongly debited so it has been credited to cancel out the effect.

7 0

3 years ago

At the end of the prior annual reporting period, Mesa Industries's balance sheet showed the following:

Angelina_Jolie [31]

Statement of Stockholder's equity

Common stock Paid in capital Retained earnings Total stockholder's equity

Shares Amount

Balance as of December 31, prior year 6,300 $ 63,000.00 $ 20,000.00 $ 47,000.00 $ 1,30,000.00

Add: Net income $ 51,000.00 $ 51,000.00

Less: Dividends declared $ (18,900.00) $ (18,900.00)

Stock issue 2,000 $ 20,000.00 $ 30,000.00 $ 50,000.00

Balance as of December 31, Current year $ 2,12,100.00

Dividend = $326x 46000shares = $1196,000

Stockholders' equity refers back to the belongings final in a business once all liabilities had been settled. This figure is calculated by using subtracting overall liabilities from the total property; alternatively, it could be calculated by using taking the sum of percentage capital and retained profits, less treasury stock

.Stockholders equity (additionally called Shareholders equity) is an account on an agency's stability sheet that consists of percentage capital plus retained income. It additionally represents the residual fee of property minus liabilities.

Learn more about stockholders here;

brainly.com/question/14032844

#SPJ4

6 0

1 year ago

Clothing purchased land, paying $ 110 comma 000 cash and signing a $ 250 comma 000 note payable. In addition, Alpine paid deli

insens350 [35]

Answer:

Explanation:

The journal entry is shown below:

Land A/c Dr

To Cash A/c

To Note payable A/c $250,000

(Being the purchase of the land is recorded)

The computation is shown below:

The cash would be

= Cash paid + delinquent property tax paid + title insurance cost + emove an unwanted building cost

= $110,000 + $1,100 + $1,550 + $5,900

= $118,550

4 0

3 years ago