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ollegr [7]
3 years ago
15

Indicate the accounts, amounts, and direction of the effects on the accounting equation under the accrual basis.

Business
1 answer:
Alex777 [14]3 years ago
6 0

Answer:

Find the answers in the excel file attached.

Explanation:

The impact of the accounting equation has been shown as well.

Download xlsx
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A business entity operated and taxed like a partnership, but with limited liability for the owners, is called a:
Masteriza [31]

Answer: A. limited liability company.

Explanation:

A Limited Liability Company (LLC) is a type of company that is operated and taxed like a partnership for instance, profits that flow to the partners are taxed on the partner's income but not on the firm to prevent double taxation. This is called Flow-Through Taxation.

They operate with limited Liability for the owners because the owners are only personally liable for the debts and liabilities the company has up until the capital they invested. Anything past this and they cannot be held liable.

8 0
3 years ago
Given a fixed supply of money and a downward sloping aggregate demand curve, an increase in money demand will ________ the price
Blizzard [7]

Money supply is the total amount of money in circulation which includes coins, cash and balance in savings account in a country at a period of time.

  • Given a fixed supply of money and a downward sloping aggregate demand curve, an increase in money demand will <u>not change</u> the price paid for its use, otherwise known as the <u>discount rate.</u>

  • A change the money supply in a country causes a change in aggregate demand.

  • An increase in the money supply causes increase in aggregate demand and a decrease in the money supply causes decrease in aggregate demand.

Therefore, an increase in money demand will not change the price paid for its use, otherwise known as the discount rate.

Read more:

brainly.com/question/12225192

8 0
3 years ago
What are examples of cocurricular education? Check all that apply.
DENIUS [597]

a CTSO for students taking marketing classes

a club providing hands-on laboratory experience for students taking a science class

an agricultural organization for students in an agricultural school

4 0
3 years ago
Read 2 more answers
Manning Company issued 10,000 shares of its $5 par value common stock having a fair value of $25 per share and 15,000 shares of
Setler79 [48]

Answer:

$240,909

Explanation:

Given:

Number of common stocks issued = 10,000

Value of common stock = $5

Fair value per share = $25

Number of shares of $15 par value = 15,000

preferred stock having a fair value of $20 per share = $530,000

Total market value of the stocks = 10,000 × $25 + 15,000 × 20 =  $550,000

Now,

The proceeds that would be allocated to the common stock will be

= \frac{\textup{Total fair value of common stocks}}{\textup{Total maket value of the stocks}}\times\textup{Preffered value of total stocks}

= \frac{10,000\times25}{550,000}\times530,000

= $240,909

4 0
3 years ago
What elements must be present for fire to exist?
liraira [26]

Answer:

Matches, and log wood I'm guessing

7 0
3 years ago
Read 2 more answers
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