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Kamila [148]
3 years ago
12

Journalize the following transactions:______.

Business
1 answer:
andrew-mc [135]3 years ago
5 0

Answer & Explanation:

  • Cash ac dr 15000

to Capital ac 15000

  • Car ac dr 8200

to Cash ac 8200

  • Purchase ac dr 500

to creditor ac 500

  • Debtor ac dr 1800

to Sale ac 1800

  • Advertisement ac dr 200

to Cash ac 200

  • Cash ac dr 780

to Debtor ac 780

  • Creditor ac dr 300

to Cash ac 300

  • Dividend ac dr 500

to Cash ac 500

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You are working as a head of Human resource department in an oil company. The high ups of your company asked you to select 12 ex
pentagon [3]

Answer:

Obtain latest security information of the location and possible risks.

Contact a good security company of Iraq to provide.

Ensure security insurance for each expatriate.

Create a security guide line for expatraite and train each expatriate.

Ensure safe lodging and transport facilities for all expatriate.

Explanation:

It is important that each expatriate know where they are going and the security issues of that place and what appropraite actions the employer has taken to minimize or mitigate those risks.

5 0
3 years ago
Total interest paid on a 30-year straight note was $230,000 during the term of the loan. The annual interest rate was 6.6%. What
dsp73

Answer:

$116,161.616

Explanation:

Given that,

Total interest paid = $230,000

Time period = 30 year

Annual interest rate = 6.6%

Total interest on loan = Loan amount × Interest rate × Time period

$230,000 = Loan amount × 6.6% × 30 years

Loan amount:

=\frac{230,000}{0.066\times 30}

=\frac{230,000}{1.98}

      = $116,161.616

Therefore, the loan amount is $116,161.616.

3 0
3 years ago
Sand Point Corporation's common stock recently paid a dividend of $1.50. Investors require a 16% rate of return on this stock. S
Nikolay [14]

Answer: $42

Explanation:

Value can be found using the Gordon Growth model;

= (Current dividend * (1 + Growth rate)) / ( required return - growth rate)

Growth rate =  Retention ratio * Return on equity

= 40% * 30%

= 12%

Value = (1.50 * 1.12)/ ( 16% - 12%)

= $42

6 0
3 years ago
Garfield Corp. expects to sell 1,300 units of its pet beds in March and 900 units in April. Each unit sells for $110. Garfield’s
Pani-rosa [81]

Answer:

$62,800

Explanation:

Following Garfield Corp's policy, the number of pet beds that must be purchased, assuming no initial inventory, is given by the expected number of sales in March (1,300 units) added to 30% of the expected sales in April (30% of 900 units):

n=1,300 +(0.3*900)\\n=1,570\ units

Since the company purchases each pet bed for $40, total budgeted purchases are:

P=\$40*n=\$40*1,570\\P=\$62,800

Garfield Corp's total budgeted purchases for March are $62,800.

6 0
3 years ago
Suppose there is a large increase in the money supply in an economy that previously had low inflation. As a consequence, aggrega
hoa [83]

Answer:

It illustrates that the classical model of the price level best applies to economies with persistently high inflation.

Explanation:

When a very low inflation rate has been constant in an economy, and the money supply increases suddenly, in the short run that change will not immediately increase the inflation rate, but instead it will increase real output.

Classical economists argue that an increase in the money supply will immediately affect the inflation rate, but that theory applies mostly to economies that have a certain level of inflation. For example, for the past 12 years, European nations have been experiencing very low inflation rates, sometimes even negative rates. But during that same period, the European Central Bank has carried on a huge expansionary policy. It favored economic growth, although not as much as expected, but it didn't skyrocket inflation rate as the classical economy model predicted.

3 0
3 years ago
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