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Wittaler [7]
4 years ago
5

Earning revenue ____________________ a. decreases assets, increases liabilities b. increases assets, decreases stockholders' equ

ity c. increases one asset, decreases another asset d. increases assets, increases stockholders' equity
Business
1 answer:
guajiro [1.7K]4 years ago
3 0

Answer:

d.  increases assets, increases stockholders' equity

Explanation:

The journal entry for earning revenue is shown below:

Cash A/c Dr. XXXXX

      To Sales revenue A/c XXXXX

(Being revenue is earned)

Since the revenue is earned so we debited the cash account which increases the asset balance and credited the sales revenue account which increases the stockholders' equity balance.

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Companies that operate in a ___________________ environment have the lowest amount of environmental uncertainty as illustrated i
Mandarinka [93]

Answer:

Simple, stable

Explanation:

External environment

This is commonly known and includes factors, forces, outcomes, situations, and events outside an organization that influences or affect its performance.

The components of external environment includes: economic, demographic, technological, sociocultural, political/legal, global etc.

Stable-simple environment

This environment is said to be very stable and also predictable. The Few components are sort of similar and remain the same. And it requires little need for sophisticated knowledge of components.

4 0
3 years ago
Economies of scope Question 21 options: stem from the cost-saving efficiencies of scattering a company's manufacturing/assembly
iVinArrow [24]

Answer:

stem from cost-saving strategic fits along the value chains of related multiple businesses.

5 0
3 years ago
Read 2 more answers
What role do executive agencies play in developing the federal budget?
Nikitich [7]

Answer:

B

Explanation:

Just answered it

6 0
3 years ago
The median age for u.s. blacks currently is 30.9 years; for u.s. whites it is 42.3 years. (a) based upon this information, give
Marrrta [24]

There are quite a few reasons that this difference could be observed. The lower black median age could be connected to the greater number of births in the black minority group than in the whites. Another reason could be the aging of the non-Hispanic white group to a post child-bearing age and consequently the general aging of this subgroup of the population. In general, differences in group medians are due to the distribution of ages and the observed range of the ages in the two dissimilar population groups.

7 0
3 years ago
Terapin Company engages in the following external transactions for November.
balandron [24]

Answer and Explanation:

The journal entries are shown below:

1. Equipment Dr $21,300

          To cash $21,300

(Being the equipment is purchased for cash)

For recording this we debited the equipment as it increased the assets and credited the cash as it reduced the assets

2. Cash Dr $6,100

       To Service revenue $6,100

(Being the cash received is recorded)

For recording this we debited the cash as it increased the assets and credited the service revenue as it increased the revenue

3. Rent expense $900

       To Cash $900

(Being the rent is paid)

For recording this we debited the rent expense as it increased the expenses and credited the cash as it reduced the assets

4. Office supplies Dr

        To Account payable

(Being the office supplies purchased on account)

For recording this we debited the office supplies as it increased the assets and credited the account payable as it increased the liabilities

5. Salaries expense

           To cash

(Being the salaries paid is recorded)

For recording this we debited the salaries expense as it increased the expenses and credited the cash as it reduced the assets

5 0
4 years ago
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