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4 years ago

Hokies uses the following accounts:

Business

1 answer:

Nadya [2.5K]4 years ago

8 0

Answer:

Explanation:

The indications are shown below:

1. Pay a cash dividend = dividend is debited and cash is credited

2. Pay rent in advance for the next three months = Prepaid account is debited and cash is credited

3. Provide services to customers on account = Account receivable is debited and service revenue is credited

4. Purchase office supplies on account = Supplies account is debited and account payable is credited

5. Pay salaries for the current month = Salaries expense is debited and cash is credited

6. Issue common stock in exchange for cash. = cash is debited and common stock is credited

7. Collect cash from customers for services provided in (3) above. = Cash is debited and account relevance is credited

8. Borrow cash from the bank and sign a note = Cash is debited and note payable is credited

9. Pay for the current month's utilities = Utilities expense is debited and cash is credited

10. Pay for office supplies purchased in (4) above = Account payable is debited and cash is credited

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a licensed agent must be appointed by an insurance company to solicit insurance in florida. the agent's license will terminate i

Ilya [14]

Answer:

48 months

Explanation:

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Cheers.

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3 years ago

Bonita Industries purchased a machine on July 1, 2018, for $1470000. The machine was estimated to have a useful life of 10 years

Ronch [10]

Answer:

$223,200

Explanation:

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3 years ago

Suppose the price of university sweatshirts increases from $10 to $20 and the quantity supplied increases from 20 to 30. The pri

White raven [17]

Answer:

a. 0.60

Explanation:

The formula to compute the price elasticity of supply using the midpoint formula is shown below:

= (change in quantity supplied ÷ average of quantity supplied) ÷ (percentage change in price ÷ average of price)

where,

Change in quantity supplied is

= Q2 - Q1

= 30 - 20

= 10

And, average of quantity supplied is

= (30 + 20) ÷ 2

= 25

Change in price is

= P2 - P1

= $20 - $10

= $10

And, average of price is

= ($20 + $10) ÷ 2

= 15

So, after solving this, the price elasticity of supply is 0.60

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4 years ago

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gavmur [86]

Answer:

Fall, rise

Explanation:

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4 years ago

In negotiations the ________ task involves how the benefits of the relationship will be allocated between the parties. distribut

Brut [27]

Answer:

The correct answer to the given question is option A) distributive task.

Explanation:

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So the correct option is A .

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3 years ago