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Solnce55 [7]
3 years ago
10

Buyer Bill will receive a utilities bill for an estimated $300 at the end of the month. At closing, the seller has used an estim

ated $100 of the bill. What should appear on the closing statement?
a) a debit to the seller and credit to the buyer for $200
b) a debit to the seller and credit to the buyer for $100
c) a debit to the buyer and credit to the seller for $200
d) a debit to the buyer and credit to the seller for $100
Business
1 answer:
liraira [26]3 years ago
5 0

Answer:

b) a debit to the seller and credit to the buyer for $100

Explanation:

The portion of the utilities bill consumed by the seller is not to be borne by buyer Bill, he cannot be made to pay for what he did not consume, the correct treatment is for seller to bear the $100 consumed by him by way of the following entries

Debit  The seller $100

Credit  Buyer bill $100

This is in the spirit of fairness to both Buyer Bill and Seller.  

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Write a for loop that prints in ascending order all the positive integers less than 200
ExtremeBDS [4]

The correct answer for the for loop is:

for (int i=1; i<200; i++){

if ((i%2)==0 && (i%3)==0){

cout << i << " ";

}

}

Python offers three options for running the loops. For iterating repeatedly through a sequence, use a for loop (that is either a list, a tuple, a dictionary, a set, or a string). This functions more like an iterator method seen in other object-oriented programming languages and is less like the for keyword found in other programming languages. The for loop allows us to run a series of instructions once for each element of a list, tuple, set, etc. There is no need to set an indexing variable before using the for loop.

Write a for loop that prints, in ascending order, all the positive integers less than 200 that are divisible by both 2 and 3, separated by spaces.

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brainly.com/question/25955539

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5 0
2 years ago
the interest rate that determines the amount of cash interest paid each interest date is referred to as the
viktelen [127]

Answer:

Stated interest rate

Explanation:

The stated interest rate is the rate of interest in which the value of the cash interest that has to paid on each date of interest

The value of the cash interest paid could be determined by applying the following formula

= Face value of the securities × Stated interest rate

Therefore as per the given situation, the stated interest rate is the answer and the same is to be considered

5 0
3 years ago
Jackson Industries uses a standard cost system in which direct materials inventory is carried at standard cost. Jackson has esta
AfilCa [17]

Answer:

Direct material price variance= $29,120 unfavorable

Explanation:

Giving the following information:

Standard: Direct materials 6 pounds $4.30 per pound $25.80

Actual= Jackson purchased 145,600 pounds of direct material at a total cost of $655,200.

<u>To calculate the direct material price variance, we need to use the following formula:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Actual price= 655,200/145,600= $4.5

Direct material price variance= (4.3 - 4.5)*145,600

Direct material price variance= $29,120 unfavorable

4 0
3 years ago
The manager of the bank where you work tells you that your bank has $5 million in excess reserves. She also tells you that the b
netineya [11]

Answer:

Reserve requirement = 40 / 300

Explanation:

Given:

Excess reserve = $5 million

Total deposit = $300 million

Total loan = $255 million

Computation of reserve requirement:

Reserve requirement = (Total deposit - Excess reserve - Total loan) / Total deposit

Reserve requirement = ($300 - $255 - $5) / $300

Reserve requirement = ($300 - $260) / $300

Reserve requirement = ($40) / $300

Reserve requirement = 40 / 300

7 0
3 years ago
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CIO is the correct answer
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3 years ago
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