1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kobotan [32]
3 years ago
15

A company pays down the account's payable account with $2000 cash. What effect does this transaction have on the asset account?

Business
1 answer:
N76 [4]3 years ago
3 0

Answer:

the right is answer is B.

Explanation:

The account decreases because when you take money you are making a debit action which produces this effect of decrease in the asset.

You might be interested in
Suppose that the Anytown city government asks private citizens to donate money to support the town's annual holiday lighting dis
Paha777 [63]

Answer:

O resources are currently underallocated to the provision of holiday lighting in Anytown.

Explanation:

Underallocation occurs when there is a failure to meet e set goals or objectives because insufficient resources were assigned to the project. On the other hand overallocation means excess resources are available to carry out a task.

Anytown city government is asking private citizens to make donations towards the annual lighting display. This implies there was underallocation of resources to the lighting display. If there was sufficient funds the private citizens will not be asked to make donations.

8 0
4 years ago
For a repayment schedule that starts at EOY four at ​$Z and proceeds for years 4 through 9 at ​$2Z​, ​$3Z​,..., what is the valu
Tamiku [17]

Answer:

$778.05625

Explanation:

The computation of the amount of repayment is shown in the attachment below:

Given that

Proceeds for year 4 through 9 at $2Z​, ​$3Z

The Principal of the loan amount = $10,000

Interest rate = 7% per year

Based on the given information, the value of Z or the amount of repayment is  

= Principal of the loan amount ÷ Total annuity

= $10,000 ÷ 12.85254119

= $778.05625

6 0
4 years ago
You need to resolve a disagreement between two subordinates who want to take their vacation at the same time, but you need one o
BigorU [14]

You need to send email and schedule a meeting to handle this disagreement.

<h3><u>How to handle such disagreements ?</u></h3>
  • In the business sector, conflict resolution is essential since it helps to distinguish between excellent and poor companies. What procedures should you use as a business owner to resolve a dispute?
  • The points you can follow are:
  • 1. Identify the conflict's root cause.
  • 2. Go somewhere private and safe to discuss.
  • 3. Actively listen to what everyone has to say.
  • 4. Examine the problem.
  • 5. Find solutions to achieve the shared objective.
  • 6. Determine the appropriate course of action and the roles that each party must play in the resolution.
  • 7. Assess the situation and determine future preventive measures.
  • Everyday conflict is a part of life. With your family, friends, or coworkers, you may disagree. However, there are a number of dispute resolution techniques you may use to make sure this problem is insurmountable.
  • The achievement of corporate goals depends on managing and resolving conflict at work. Therefore, if there are any issues or conflicts between your employers, search for the best approaches to handle the matter.

To view similar question on handling disagreement, refer to:

brainly.com/question/12752561

#SPJ4

3 0
2 years ago
Caitlin, Chris, and Molly are partners and share income and losses in a 3:4:3 ratio. The partnership’s capital balances are Cait
Nana76 [90]

Answer:

$94,080

Explanation:

Data provided in the question:

The partnership’s capital balances

Caitlin=  $128,000

Chris = $88,000

Molly = $108,000

Paul's equity = 20%

Amount invested by the Paul = $68,000

Now,

The total value of the capital = ∑ ( capital balances of each partner )

= $128,000 + $88,000 + $108,000 + $68,000

= $392,000

Therefore,

The balance in Paul's capital account immediately after Paul’s admission

= 20% of $392,000

= $78,400

Thus,

Balance in capital account for Caitlin, Chris, and Molly

= total value of the capital  - Balance in Paul's capital

= $392,000 - $78,400

= $313,600

also,

Share of Caitlin = \frac{3}{3+4+3} = 0.3

hence,

balance in Caitlin’s capital account immediately after Paul’s admission

= 0.3 × $313,600

= $94,080

4 0
3 years ago
How to get startup money for a business
kirill [66]

Answer: get a lil side job a save until you have enough

Explanation:

4 0
3 years ago
Other questions:
  • What should you do in order to make sure you fund the most important financial goals first?
    12·1 answer
  • Albert is the manager of a large retail store, with the authority to hire employees. The store does not have a specialized human
    11·1 answer
  • A firm has three different production facilities, all of which produce the same product.. While reviewing the firm's cost data,
    12·1 answer
  • What are the psychographics of Walmart's target market?
    15·2 answers
  • A partnership has the following capital balances: Comprix (35% of gains and losses) $ 150,000 Heflin (40%) 300,000 Kaplan (25%)
    8·1 answer
  • Write an email response to the following scenario.
    5·1 answer
  • In a free-market economic system if the consumers perceive the price
    7·2 answers
  • Calculate the present value of the following annuity streams: a. $6,000 received each year for 6 years on the last day of each y
    10·1 answer
  • We are evaluating a project that costs $786,000, has an eight-year life, and has no salvage value. Assume that depreciation is s
    9·1 answer
  • You have been seconded to North (Pty) Ltd to assist with the preparation of the group financial statements. Their accountant has
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!