Answer:
See answer below
Explanation:
In the books of Landen Consulting, the cash payment will be recorded as follows.
Debit Cash Account $400
Credit Account Receivables $400 (this would have been Revenue if the payment was made in the same month).
Since both accounts affected are assets account, the effect of the transaction on the accounting equation will be as follows.
Equity + Liabilities = Assets
Equity + Liabilities = Assets + Cash ($400) - Account Receivables ($400)
= Equity + Liabilities = Assets.
Answer:
The correct word for the blank space is: Bill Ackman.
Explanation:
American investor Bill Ackman (born in 1966) is the founder and Chief Executive Officer (CEO) of Pershing Square Capital Holdings, Ltd., a New-York-based hedge fund with around $12.5 thousand millions in assets. According to the Bloomberg Billionaires Index, Ackman's net worth is $1.8 billion.
The choices can be found elsewhere and as follows:
A) a greater percentage of work force is unionized.
<span>B) The minimum wage is higher than the market wage. </span>
<span>C) unemployment insurance benefits are paid for fewer weeks. </span>
<span>D) Firms pay efficiency wages.
</span>
I believe the correct answer is option B. The natural rate of unemployment tends to be lower when the the minimum wage is higher than the market wage. Hope this answers the question. Have a nice day.
Answer:
Architecture
:):)
Explanation:
hope I help!!:)
Im learning same thing and just completed that, I know its Architecture!!!!
Answer:
$90,000
Explanation:
Sales revenue $350,000
Cost of goods sold $150,000
Operating expenses $110,000
Foreign currency translation gain $25,000
Gross profit= sales revenue - the cost of goods sold
=$350,000-$150,000
=$200,000
Net income = Gross profit - Operating expenses
=$200,000 - $110,000
=$90,000