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nika2105 [10]
3 years ago
8

Question 21 (3.333333333 points)

Business
1 answer:
densk [106]3 years ago
7 0

Answer: The answer is Business cards

Explanation:

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Recovery of Previously Written Off A/R
zhenek [66]

Answer and Explanation:

The journal entries are shown below

On Sep 10

Account receivable - king $200

            To Bad debt expense $200

(Being the reinstate previously written off account receivable is recorded)

Here account receivable is debited as it increased the assets and credited the bad debt expense as it decreased the expenses

On Sep 10

Cash Dr $200

    To Account receivable - king $200

(Being cash collection is recorded)

Here the cash is debited as it increased the assets and account receivable is credited as it decreased the assets

5 0
3 years ago
Martha is saving money to move to a new city in 18 months. This is an example of a _____ goal.
laila [671]
<h2>Hey there! </h2>

<h2>I guess the correct option is:</h2>

<h3>"C. Medium term" </h3>

<h2>Mark me as a brain list </h2>
6 0
3 years ago
Read 2 more answers
In an imaginary economy, consumers buy only sandwiches and magazines. The fixed basket consists of 20 sandwiches and 30 magazine
rodikova [14]

Answer:

$2.5

Explanation:

Given:

Number of sandwiches in basket = 20

Number of magazines in basket = 30

cost of sandwiches in 2006 = $4

Cost of magazines in 2006 = $2

cost of sandwiches in 2007 = $5

Consumer price index in 2007 = 125

Now,

Consumer price index = \frac{\sum(p_1q0)}{\sum(p_0q0)}\times100

or

125 = \frac{20\times\$5+30\times X}{20\times\$4+30\times\$2}\times100

here,

X is the price of magazines in 2007

thus,

125 = \frac{\$100+30\times X}{$80+$60}\times100

or

1.25 × ($80 + $60 ) = $100 + 30X

or

30X = $175 - $100

or

X = $2.5

Hence,

The price of magazines in 2007 was $2.5

4 0
4 years ago
Name two arguments that support international trade.
sergij07 [2.7K]
(Two arguments that support IT) - 1: people will still continuing to vote or trade other countries, 2: people will get good wages with their trades. (Two arguments that do not support IT) - 1: upon their trades, they will get high taxes, 2: some people trades that was stolen from the society. In my opinion the world and the USA are usually similar, in fact USA will eventually hated the IT because the Russians and its friends and at Middle East still continuing and make an agreement to other neighbor countries and the worst part they are still continuing trading weapons, or parts of the nuclear weapon.
7 0
3 years ago
Read 2 more answers
During 2014 Carne Corporation transferred inventory to Nolan Corporation and agreed to repurchase the merchandise early in 2015.
andriy [413]

Answer:a. Carne Corporation rtdfrtfv xcvbn

Explanation:

Nolan then used the inventory as collateral to borrow from Norwalk Bank, remitting the proceeds to Carne.

Here, goods are temporarily transferred to Nolan corporation to handle financial requirements and agreed to repurchase the merchandise early in 2015, thus the cost inventory will be recorded by Carne corporation.

This is a kind of product financing arrangement.

Hence, the cost of the inventory will appear Carne Corporation at the December 31, 2014 balance sheet date.

Thus, the correct option is a. Carne Corporation.

6 0
3 years ago
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