Answer:
credited; right; debited; left
Explanation:
The journal entry to record this transaction is shown below:
Cash A/c Dr $1,900
To Service revenue A/c $1,900
(Being the cash is collected)
It to be displayed in T accounts
For cash account
Cash
Debit side
Service revenue $1,900
For service revenue account
Service revenue
Credit side
Cash $1,900
So, the cash account would be debited and would be displayed on the left hand side while the service revenue would be credited and would be displayed on the right hand side
Answer: Decrease, decrease
Explanation: Substitute goods are those goods that are used in place of each other. When the price of a substitute good falls, it becomes more attractive to the consumers. Here, wood planks and wood beams are substitutes to each other. So, when price of wood plank falls, demand for wood beams will decrease, shifting the demand curve to the left. As a result, of this the equilibrium price of wood beams and the quantity of wood beams will also decrease.
Answer:
Deductible depreciation = $2,660
Explanation:
Given:
Amount of car = $14,000
Personal use = 30%
Business use = 70%
Total depreciation = $3,800
Deductible depreciation = ?
Computation of Deductible depreciation:
Deductible depreciation = Total depreciation × Business use percentage
Deductible depreciation = $3,800 × 70%
Deductible depreciation = $2,660
Answer:
Mark my answer brainliest
Answer: customer will pay a sales charge
Explanation:
The statement which states that customer will have to pay sales charge in order to exchange shares within the family is not true. The fund family possesses an "exchange feature" at NAV. This means that the shares of one fund has the right to be redeemed and then reinvested in shares of another fund that is within the family without no sales charge.
For the customer that is exchanging Government bond Fund shares for the Growth Fund shares, tax event has occurred. Therefore, it will be expected that the customer's yield will reduce but that the capital gains will increase, because the person is moving from an "income" fund into a "growth" fund.
