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Mashutka [201]
4 years ago
15

A business provided services to a cash customer to record this transaction A. an asset is debited, and a liability is credited.

B. an asset is debited, and a revenue is credited. C. an expense is debited, and Capital is credited. D. None of the above
Business
1 answer:
velikii [3]4 years ago
3 0
<span>To record this transaction it would be an asset is debited, and a revenue is credited.  </span>
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Which combination of factors would result in the lowest monthly mortgage payment?
Kryger [21]
Which combination of factors would result in the lowest monthly mortgage payment? Having a larger downpayment, a lower interest rate and longer loan term agreements are all ways to have a lower monthly mortgage. When you put a larger down payment on your home, the amount you are borrowing is less which helps bring the payment down. If the interest rate is lower, your payment will also be less because you do not have a significant amount being added to the principal. 
6 0
3 years ago
Onslow Co. purchased a used machine for $192,000 cash on January 2. On January 3, Onslow paid $8,000 to wire electricity to the
Amanda [17]

Answer:

Journal entries will be as follows;

Explanation:

1.The machine purchased is an asset so machinery a/c will be debited.

The cash used to purchase the machine is an outflow so it's credited on the cash a/c

2. Electricity wiring on the machine is part of the acquisition cost, hence we debit machinery account and the cash paid for that is credited on cash a/c

3. Cost of securing it in place is also an operating cost hence you debit machinery a/c and credit the cash used to pay for it in the cash a/c

<u>Journal entries</u>

1. Machinery account Dr      192,000

Cash account Cr                                        192,000

2.Machinery account Dr       8,000

  Cash account Cr                                           8,000

3.Machinery account Dr       1,600

  Cash account Cr                                           1,600

8 0
3 years ago
You sit on the board of a public corporation. Your CEO has proposed taking steps to offset the carbon impact of your​ company's
serious [3.7K]

Answer:

Socially -responsible activities might be value-maximizing because there are green investors out there who want to be identified an environmentally-conscious firm.

Explanation:

Environmental footprints such as carbon impact are not taken for granted by investors as they perceive a company as being responsible and worthy of their investment if it cares about the environment and its impact of negative externalities on its host community.

In fact, some consumers even check out a product for signs of environmental consciousness on it before making purchase, such disposition also transcends to investment decisions as well.

Hence, such companies that are conscious  have their shares being highly  demanded, forcing share price to rise  as well as the overall value of the entity.

4 0
3 years ago
Read 2 more answers
Branin Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hou
Mazyrski [523]

Answer:

D. $5.40 per direct labor-hour and $11,065

Explanation:

The computation of the total job cost is shown below

= Direct material cost + direct labor cost + direct labor hours × predetermined overhead rate

= $715 + $9,000  250 hours × $5.4

= $715 + $9,000 + $1,350

= $11,065

The predetermined overhead rate is come from

= Total fixed manufacturing overhead cost ÷ direct labor hours + variable manufacturing overhead cost per direct labor hours

= $160,000 ÷ 80,000 direct labor hours + $3.40

= $2 + $3.40

= $5.40

6 0
3 years ago
Dan has been directed to study the forces close to a company that affect its ability to serve its customers, such as the company
shutvik [7]

Answer:

Micro environment                                              

Explanation:

The institution's micro-environment comprises of those components that are manageable. Generally the micro-environment doesn't really impact all businesses in a sector in same manner, as the scale, efficiency, competence and approaches are different.

For instance, the suppliers of raw materials are giving big corporations more compromises. We might not offer small businesses the same concessions though. Thus, from the above we can conclude that the correct answer is micro-environment.

5 0
3 years ago
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