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taurus [48]
3 years ago
10

$300 utilities bill and immediately paid it. general journal entry to record this transaction will include a:

Business
1 answer:
Sedaia [141]3 years ago
7 0

Answer:

E. Debit to Utilities Expense for $300.

Explanation:

The journal entry to record the given transaction is shown below

Utilities expense Dr $300

           To cash $300

(Being cash paid is recorded)

For recording this we debited the utilities expense and credited the cash as it increased the expenses and decreased the assets in order to posting it correctly

Therefore it would be debited to utilities expense

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The "Brasher doubloon," which was featured in the plot of the Raymond Chandler novel, The High Window, was sold at auction in 20
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Answer:

The time line from minting to the first sale is:

0-192

$15 - $430,000

we can use either the FV or the PV formula. Both will give the same answer since they are the inverse of each other. We will use the FV formula, that is:

FV = PV(1 + r)t

Solving for r :

r = (FV/PV)1/t - 1

r = ($430,000/$15)1/192 - 1

r = .0549, or 5.49%

The time line from the first sale to the second sale is:

0-35

$430,000 - $4,582,500

we can use either the FV or the PV formula. Using the FV formula, that is:

FV = PV(1 + r)t

Solving for r:

r = (FV/PV)1/t - 1

r = ($4,582,500/$430,000)1/35 - 1

r = .0699, or 6.99%

The time line from minting to the second sale is:

0-227

$15 - $4,582,500

we can use either the FV or the PV formula. Both will give the same answer since they are the inverse of each other. We will use the FV formula, that is:

FV = PV(1 + r)t

Solving for r, we get:

r = (FV/PV)1/t - 1

r = ($4,582,500/$15)1/227 - 1

r = .0572, or 5.72%

6 0
3 years ago
An employee who is exhibiting intimidating behaviors that are discourteous/disrespectful, uncooperative, and/or verbally abusive
m_a_m_a [10]
Violent behavior is what I could think that would be called
7 0
3 years ago
Read 2 more answers
Bonds that may be exchanged for common stock at the option of the bondholders are called
Sedaia [141]

Answer: CONVERTIBLE BONDS

                           

Explanation: In simple words, convertible bonds refers to those fixed assets securities that could be converted into common stock on the discretion of the bondholders.

Such kind of securities is usually used by companies who are new to the market and wants to attract investors with maximum security of bonds as initial investment and maximum potential benefit as an option of converting bonds into common stock.

These types of bonds offer lower interest rates due to the embedded option of conversion.

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3 years ago
Using the ob concepts and tools that best suit the situation is called a(n) ___________ to management.
worty [1.4K]

Using the ob concepts and tools that best suit the situation is called a(n) <u>contingency approach</u> to management.

<h3>What is a contingency approach?</h3>

This approach to management is also known as the situational approach and holds that there is no single or textbook rule for the best way to manage an organization..

Most time, the contingency approach to management is based on the idea that there is no single best way to manage the resources.

Read more about contingency approach

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2 years ago
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Answer:

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