Testee should make entry of Debit Cash.
<h3><u>
What is debit?</u></h3>
- A debit is an accounting entry that affects a company's balance sheet by increasing assets or decreasing liabilities.
- In basic accounting, credits that operate in the inverse direction of debits balance each other out.
- For instance, depending on the loan's terms, if a company takes out a loan to buy equipment, it will simultaneously debit fixed assets and credit a liabilities account. Sometimes "dr," the acronym for "debtor," is used to refer to debit.
Every double-entry accounting system has a debit option. The polar opposite of credits is a debit. Credits indicate money coming into an account, whereas debits represent money leaving it. As Debit Service Charge, Expense (3% of the revenue--$200) Credit Sales Revenue.
Know more about debit with the help of the given link:
brainly.com/question/12269231
#SPJ4
It is a because the character of the show was not happening
Answer:
stock's expected price is $44.45
Explanation:
given data
currently sells = $35.25 per share
constant rate r = 4.75% per year = 0.0475
required rate of return = 11.50% = 0.1150
time t = 5 year
solution
we get here future value that is express as
future value = currently sells × 
..................1
put her value we get
future value = $35.25 × 
future value = $44.45
so stock's expected price is $44.45
The most popular input measure used to determine progress towards completion is the cost-to-cost basis.
Unavoidable expenses or sacrifices to obtain goods or services with the aim of obtaining benefits; expenses for certain activities, purposes, or time, such as shipping, packing, and sales are intended to generate income in the company's income statement, the cost component is a deduction from revenue.
Costs are sacrifices or expenses made by a company or individual with the aim of obtaining more benefits from the activities carried out. In terms of costs, sometimes it is quite inconvenient to distinguish between costs and expenses. In terms of costs, sometimes it is quite inconvenient to distinguish between costs and expenses.
- Costs: a cost in the sense of sacrifices or expenses made by companies or individuals that are directly related to the output or products produced by the company or individual.
- Expenses: a cost incurred by a company / individual which is only as a supporting activity.
You can learn more about Costs here brainly.com/question/15135554
#SPJ4
