Answer:
Cash (Dr.) $21,200
Common Stock (Cr.) $21,200
Cash (Dr.) $4,500
Services to client (Cr.) $4,500
Cash (Dr.) $11,200
Unearned Revenue (Cr.) $11,200
Cash (Dr.) $5,900
Accounts Receivable (Cr.) $5,900
Cash (Dr.) $11,000
Notes Payable (Cr.) $11,000
Explanation:
Adams services may record these transactions as journal entries. The transactions may have some changes after they are recorded then adjusting entries will be prepared to reflect the correct effect of transaction on business activities.
It’s the first one, Command then Mixed then Market
They must have good communication manners and be polite
Answer:
check able deposits = $500
correct option is C. $500
Explanation:
given data
cash deposit = $100
reserve ratio = 20%
to find out
check able deposits
solution
we will apply here check able deposits formula that is express as
check able deposits = cash deposit + ( deposit cash - ( deposit cash × reserved ratio ) ×
) ...........................1
put here value we get
check able deposits = $100 + ( $100 - ( $100 × 20% ) ×
)
check able deposits = $500
correct option is C. $500
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