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Ronch [10]
3 years ago
14

Single column cashbook

Business
1 answer:
Phoenix [80]3 years ago
5 0

The cash transaction of a business is recorded in a cash book which is known as a single column cash book or simple cash book.

Explanation:

  • In a single column cash book, all the cash receipts are recorded on the left hand (debit) side and all cash payments are recorded on the right hand (credit) side.
  • The single-column cash book contains only one money column that is titled as "amount".
  • Yes, we do record entries related to the purchase of stationery and furniture in a single column cash book.
  • All cash related transactions are recorded in a single column cash book.

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Wall Corporation exchanges old equipment for new equipment. The original cost of the old equipment was $100,000, and its accumul
victus00 [196]

Answer:

2. Credit equipment $100,000

3. Debit accumulated depreciation $60,000

Explanation:

When a company trades with another pieces of equipment gain or losses are recognized when there is commercia lsubstance. If not, then the trade-in equipment is posted as the net book value of the old equipment

In both cases, the old equipment is write-off  thus:

credit equipment for 100,000

and debit accumualted overhead for 60,000

Now, we look at the option that matches this. The information about the new assets is insuficient as we aren't given information about whether or not thre is commercial substance

6 0
4 years ago
We can measure the complexity of an algorithm that solves a computational problem by determining the number of ________ for an i
Vlad [161]
<span><span>It is the Computation complexity theory in which</span> we can measure the complexity of an algorithm that solves a computational problem by determining the number of elementary steps for an input of size n.</span> Complexity is a numerical function T(n), time versus the input size n. this theory is the branch of theory of computation. <span> </span>
3 0
3 years ago
Read 2 more answers
Jason, a high-school student, mows lawns for families in his neighborhood. the going rate is $12 for each lawn-mowing service. j
Snowcat [4.5K]
For the answer to the question above, I<u><em> believe the answer is </em></u><span><u><em>If Jason raises his price he would lose all his customers.</em></u></span>

Because a teenager could do that and he doesn't need an experience for lawn mowing and if you'll gonna increase your price. Be sure that you offer something additional or something special. A price hike in a competitive market is not good at all. Whether it's a big or a small business
8 0
4 years ago
You write one JNJ February 70 put for a premium of $5. Ignoring transactions costs, what is the break-even price of this positio
Law Incorporation [45]

Answer:

$65

Explanation:

The calculation of the break even price for this position is given elow:

Break even price is

= Strike price - premium

= $70 - $5

= $65

The stock goes increase i.e. upwards to $65 so the amount that lose is only $5 but it declines than the stock would be $0

Therefore, the break even price of this position is $65

So, by using the above formula we can get the break even price and the same is to be considered

4 0
3 years ago
HURRY
melomori [17]

It would be more expensive to host the event in their home than at the hotel due to the cost of the rental properties.

<h3>What are the rental properties needed for a home event?</h3>

These would be for properties such as chairs,  tables, china, linens and glass ware.

While hosting in a hotel, these properties would be provided by the event centre.

Read more on rental properties here: brainly.com/question/26052885

4 0
2 years ago
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