1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zielflug [23.3K]
3 years ago
8

If a two-column (all-purpose) general journal, a revenue journal, and a cash receipts journal are used, indicate the journal in

which each of the following transactions should be recorded: (a) Investment of additional cash in the business by the owner.(b) Rendering of services for cash.(c) Rendering of services on account.(d) Receipt of cash on account from a customer.(e) Sale of office supplies for cash, at cost, to a neighboring business. (f) Adjustment to record supplies used at the end of the year.(g) Closing of drawing account at the end of the year.
Business
1 answer:
Nutka1998 [239]3 years ago
3 0

Answer:

Explanation:

A. Investment of additional cash into the business by owner is recorded in the general Journal

B. Rendering service for cash is recorded in the cash receipt Journal

C. Rendering of service on account is recorded in the revenue journal

D. Receipt of cash on account from a customer is recorded in the cash receipt Journal

E. Sale of office supplies for cash, at cost, to a neighboring business is recorded in the general journal

F. Adjustment to record supplies used at the end of the year is recorded in the general journal

G. Closing of drawing account at the end of the year is recorded in the general journal

You might be interested in
Zoom sales last year were $435,000, its operating costs including Depreciation were $362,500, and its interest charges were $12,
Ostrovityanka [42]

Answer:

374,000

Explanation:

because 362,500 plus 4,000 equals 364,500 add the last 10,000 and you have 374,500 add the 500 and now you have 375k

8 0
3 years ago
Both Bison Autos and Sparrow Inc. incur a cost of $9,000 to manufacture a vehicle. However, the economic value created by Sparro
Tcecarenko [31]

Answer: B.Sparrow inc can charge a premium price on its Automobiles.

Explanation:

Sparrow inc can charge a premium price on its Automobiles.

Economic Value is simple the amount of money an economic agent is willing to pay for a good or a service. When both companies incur same amount of costs, for a company to create higher economic value the price must be higher (premium price) or consumers (economic agents) are willing and able to pay premium price for sparrow inc automobiles

3 0
3 years ago
Economics is the study of how a society _______________. invests wisely in the stock market employs resources to produce goods a
Luba_88 [7]
The answer is "employs resources to produce goods and services and distribute them among competing groups and individuals<span>"


Economics is a teaching that can enable us to answer these inquiries. Economics can really be characterized a couple of various ways: it's the investigation of shortage, the investigation of how individuals utilize assets or the investigation of basic leadership.
</span>
4 0
4 years ago
Poodle Corporation was organized on January 3, 2011. The firm was authorized to issue 100,000
Zanzabum

Answer:

C. $370,000

Explanation:

Poodle Corporation was organized on January 3, 2011. The firm was authorized to issue 100,000  shares of $5 par common stock.

During 2011, Poodle had the following transactions relating to  shareholders' equity:

Issued 30,000 shares of common stock at $7 per share.

Issued 20,000 shares of common stock at $8 per share.

Reported a net income of $100,000.

Paid dividends of $50,000.

Therefore total Paid-in capital at the end of 2011 is derived by :

(30,000 shares x $7) + (20,000 x $8) = $370,000

Paid - In capital refers to the funds that stockholders have invested through the purchase of stock from the issuing company, including premiums and not just par value.

3 0
4 years ago
in construction of a new housing development, which factor of production can be catergorized by land?
svet-max [94.6K]

Answer:

need the pt srry hope you dont get made

Explanation:

8 0
3 years ago
Read 2 more answers
Other questions:
  • Suppose a customer at a restaurant is deciding whether or not to order dessert. marginal thinking means that the customer should
    11·1 answer
  • Which payment option provides consistency in on-time bill payment? A) mailing a check B)making a payment by telephone C)submitti
    15·2 answers
  • True or false? Almost every phase of business and economic activity falls under some form of government regulation.
    9·1 answer
  • At the beginning of the tax year, Zach’s basis for his partnership interest and his amount at risk in the partnership was $30,00
    15·1 answer
  • The ________________ desires to find a solution to a social problem rather than to simply earn profits.
    7·1 answer
  • Who is the owner of Tata motors??
    12·1 answer
  • The following information pertains to Trenton Glass Works for the year just ended.
    13·1 answer
  • Hello I'm turning 14 in July and looking into getting a job at calvers any tips or stuff I should know?
    10·1 answer
  • hey bestie ily but u kinda smell like tuna u should wash ur Cooter she loves u too-a if u want me u eat her stop smelling like t
    9·1 answer
  • In marketing and sales communications, it is illegal to use bait-and-switch advertising
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!