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
vesna_86 [32]
4 years ago
9

Question:

Business
1 answer:
Vanyuwa [196]4 years ago
6 0

Answer:

Received investment of cash by organizers and distributed to them 1,000 shares of $1 par value common stock with a market price of $40 per share

                                      Dr.            Cr.

Cash                            $40,000

Common stock @ 1                      $1,000

Add-In capital Common Stock   $39,000

Purchased $15,000 of equipment, paying $3,000 in cash and owing the rest on accounts payable to the manufacturer

                                      Dr.            Cr.

Equipment                 $15,000

Cash                                           $3,000

Account Payable                       $12,000

Borrowed $10,000 cash from a bank

                                      Dr.            Cr.

Cash                            $10,000

Bank Loan                                 $10,000

Loaned $800 to an employee who signed a note.

                                      Dr.            Cr.

Note Receivable      $800

Cash                                             $800

Purchased $13,000 of land paid $4,000 in cash and signed a mortgage note for the balance

                                      Dr.            Cr.

Land                            $13,000

Cash                                            $4,000

Mortgage Note Payable            $9,000

You might be interested in
Assume there are only three possible states of nature for the economy in the future: boom, normal, and recession. If there is a
BartSMP [9]

Answer:

a. 45%

Explanation:

The sum of total probabilities  is always equal to 1. Since in the given question only three probabilities are given, so the sum of these three probabilities shall be 1 which is represented as follows by the equation:

probability of boom+probability of normal+probability of recession=1

In the given question:

probability of boom=30%

probability of recession=25%

30%+probability of normal+25%=1

Probability of normal=1-25%-30%=45%

So based on the above calculations, the answer shall be a. 45%

7 0
3 years ago
If the signaling theory of education is correct;
Snezhnost [94]

Answer:

C. workers with more years of formal schooling are less likely to be affected by ability, effort, and chance.

Explanation:

The <em>signalling theory in education</em> tells us that employees send "signals" to their employees regarding their education. In other words, employers are willing to pay higher wages to employees with additional years of formal schooling.

This means these qualified workers have their wage primarily defined by their education level, which does not always reflect their true skill-set (the output of ability and effort).

5 0
3 years ago
Which of the following is an argument against increasing social responsibility?
Novosadov [1.4K]

Answer:

What are the answers?

Explanation:

There is no picture. Maybe remake this question with a picture with the answers shown.

4 0
3 years ago
According to the law of​ demand, quantity demanded decreases as​ ________, ceteris paribus.
vekshin1
D is the answer :3333
4 0
3 years ago
What is an assessment of what you own and what you owe?
mamaluj [8]
The term that is being referred above is the Personal Balance Sheet or Statement. This shows the result of your assessment as to what you own and what you can owe. This assessment aims to check your financial health and the status of your personal finances. Answer to this is the first option.
3 0
4 years ago
Read 2 more answers
Other questions:
  • Whats 63% of 1827?<br><img src="https://tex.z-dn.net/?f=%20%7B7%20%5Ctimes%208%7D%5E%7B2%7D%20" id="TexFormula1" title=" {7 \tim
    8·1 answer
  • A _________ works outside established organizational divisions and has greater flexibility to apply innovative approaches to new
    14·1 answer
  • A professor at a university finds a way to reduce the costs of producing automobile glass. The method is very easy for anyone to
    13·1 answer
  • Firelight Company manufactures candles. The standard direct materials quantity required to produce one large candle is one pound
    8·1 answer
  • Ma Barker Company has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply man
    10·1 answer
  • Indicate the effect on the accounting equation and on the debit-credit analysis. Aug. 1 Opens an office as a financial advisor,
    8·1 answer
  • When a note receivable is honored, cash is debited for the note's ________ value?
    8·1 answer
  • I got a question for dudes
    13·1 answer
  • What are the five economic lssues??​
    15·1 answer
  • Tax preparation software can help prepare and file your
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!