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madam [21]
4 years ago
13

The chart of accounts includes assets, liabilities, and owner's equity accounts only. TRUE or FALSE.

Business
1 answer:
posledela4 years ago
8 0
The right answer for the question that is being asked and shown above is that: "TRUE." T<span>he chart of accounts includes assets, liabilities, and owner's equity accounts only. This statement is true as far as the chart of accounts is concerned.</span>
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Priscilla decides to order a delivery from the local sandwich shop. Her order comes to $12. 74 and there is a $2. 30 delivery ch
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Debit is the amount of the money paid or owed, it can either raise the asset amount or can reduce the equity balances. It can also be referred to as the amount spent as an expense from the account.

$ 16.95 is the total debit amount.

<h3>How to calculate Priscilla's debit?</h3>

Given,

  • Price of the order = $12.74
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Step 1: The 15% of the total price of the order excluding delivery will be:

\begin{aligned}15\% &= \dfrac{\rm X}{\$12.74} \times 100\\&#10;\\&#10;\rm X &= \dfrac{\$12.74 \times 15}{100}\\&#10;\\&#10;& = \$1.91\end{aligned}

Step 2: Add the total price of the order, delivery charge and tip.

\$12.74 + \$ 2.30 + \$ 1.91 = \$16.95

Therefore, option c. $ 16.95 is the expected debit from her account.

Learn more about debit here:

brainly.com/question/3591182

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First, a person must not depend on anyone in his work. A person must develop plans for his own development and the ability to do all his work on his own, but sometimes a person may be forced to use the help of others and this is not a mistake. We all need each other, but without using dependence as a permanent habit

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