Which method of characterzation focuses on how characters interact with another ?<br> #english 9

Gold Co. purchased equipment from Marshall Co. on July 1. Gold paid Marshall $10,000 cash and signed a $100,000 noninterest-bear

Monica [59]

Answer:

The acquired cost of the equipment on July 1 is $85,132

Explanation:

The computation of the acquired cost is shown below:

= Cash + Net note payable amount

= $10,000 + $75,132

= $85,132

where,

Notes payable amount equals to

= Non-interest-bearing note payable - discounts on notes payable

= $100,000 - $24,868

= $75,132

For computing the accurate answer we have to deduct the discount from the note payable amount and then added to thee cash amount

3 0

3 years ago

Accounting Cycle From the following list of steps in the accounting cycle, identify what two steps are missing: Transactions are

Tresset [83]

Answer:

1. Transactions are analyzed and recorded in the journal.

2.Transactions are posted to the ledger.

3. An unadjusted trial balance is prepared.

4. An optional end-of-period spreadsheet is prepared.

5. Adjusting entries are journalized and posted to the ledger.

6. An adjusted trial balance is prepared.

7. Record adjusting Entries

8. Financial statements are prepared.

9. Closing Entries

10. A post-closing trial balance is prepared.

Explanation:

Accounting Cycle From the following list of steps in the accounting cycle, identify what two steps are missing:

1. Transactions are analyzed and recorded in the journal.

2.Transactions are posted to the ledger.

3. An unadjusted trial balance is prepared.

4. An optional end-of-period spreadsheet is prepared.

5. Adjusting entries are journalized and posted to the ledger.

6. An adjusted trial balance is prepared.

7. Record adjusting Entries

8. Financial statements are prepared.

9. Closing Entries

10. A post-closing trial balance is prepared.

7 0

3 years ago

Read 2 more answers

Spencer Co. has a $280 petty cash fund. At the end of the first month the accumulated receipts represent $51 for delivery expens

uranmaximum [27]

Answer:

Credit to cash $230

Explanation:

Preparation of the Journal entry for the reimbursement of the account of Spencer Co.

Based on the information given we were told that the company spent the amount of $51 for delivery expenses, the amount of $159 for merchandise inventory, and the amount of $20 for miscellaneous expenses from their petty cash fund at the end of the month, which means that the journal entry to record the reimbursement of the account will be:

Dr Delivery expenses $51

Dr Merchandise inventory $159

Dr Miscellaneous expenses $20

Cr Cash $230

(To record petty cash reimbursement)

7 0

3 years ago

Which system is used for managing global operations, supporting an international company’s decision-making processes, and dealin

const2013 [10]

Answer:

(D) global information

Explanation:

A global information system is an information system which is used in a global context. and deliver the totality of measurable data worldwide within a defined context.

Examples

Systems developed for multinational users, SAP, Oracle ,JDE, are a global ERP system

Global Information Systems for Education

8 0

3 years ago

LO 3.5If a firm has a contribution margin of $78,090 and a net income of $13,700 for the current month, what is their degree of

kati45 [8]

Answer:

5.7

Explanation:

The contribution margin characterizes the marginal profit per unit of sales. The indicator is useful in various calculations, and can be used as a measure of operational leverage. As a rule, low values of the indicator are characteristic in labor-intensive sectors, high - in capital-intensive industry.

We have these data:

-contribution margin (CM) : $78,090

-net income (NI) :$13,700

-the degree of operating leverage (DoL) : ?

DoL=CM/NI= 78090/13700=5.7

6 0

4 years ago

Which method of characterzation focuses on how characters interact with another ? #english 9