Answer:
Because. . . .
Explanation:
<em>In other words, a lender checks your credit and income before approving you to borrow money. So if you have limited or poor credit, you may need a cosigner to receive private student loans. ... A cosigner can help you get approved for a loan and get a lower interest rate.</em>
Answer:
a.Building (Dr.) $145
Equipment (Dr.) $260
Cash (Cr.) $404
Long-term note (Cr.) $30
b. Cash (Dr.) $340
Common Stock (Cr.) $180
Share Premium (Cr.) $160
c.Retained Earnings (Dr.) $145
Dividend Payable (Cr.) $145
d.Short-term investment(Dr.) $7716
Cash (Cr.) $7716
e. No Effect on accounting equation or Canon Sporting Goods Accounts.
f. Cash (Dr.) $4313
Short-term Investment (Cr.) $4313
Explanation:
a. Non-current Asset is increase by $434 and Current Assets cash account decreased by $404, Non-current liability is increased by $30.
b. Cash received debited which increases current asset by $340 and common stock account increased by $180, Share premium account increased by $160 under the stockholder account.
c. Dividends are paid from retained earnings on the equity account of the balance sheet. No effect on the assets. Retained earnings are decreased (stockholder account) and dividend payable is increased (current liability account).
d. Both are current asset accounts. Short-term investment account is increased and cash is decreased by $7716.
e. There will be no effect on the accounts of Canon Sporting Goods as the transaction occurred between two outside investors.
f. Both are current asset accounts. Cash is increased and short term investment is decreased by the $4313.
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
<em><u>Law of Demand</u></em>
<em><u>The price a consumer is willing to pay for a good depends on his marginal utility, which declines with each additional unit of consumption, according to the law of diminishing marginal utility. Therefore, the price decreases for a normal good when consumption increases.</u></em>
Farming industry in this region began to succeed.