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anzhelika [568]
3 years ago
15

Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent.

Business
2 answers:
kogti [31]3 years ago
8 0

Answer:

On june 1 of the current year, chad wilson established a business to manage rental property. he completed the following transactions during june: opened a business bank account with a deposit of $28,000 from personal funds. purchased office supplies on account, $2,690. received cash from fees earned for managing rental property, $7,390. paid rent on office and equipment for the month, $3,310. paid creditors on account, $1,230. billed customers for fees earned for managing rental property, $6,130. paid automobile expenses (including rental charges) for the month, $740, and miscellaneous expenses, $370. paid office salaries, $2,330. determined that the cost of supplies on hand was $1,590; therefore, the cost of supplies used was $1,100. withdrew cash for personal use, $2,210. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign.

Alexandra [31]3 years ago
7 0

Answer:

The answer is attached below

Explanation:

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3 0
3 years ago
At the end of the fiscal year, Kappa Pet Co. has an outstanding purchase commitment for the purchase of 1 million gallons of jet
Pani-rosa [81]

Answer:

-

Explanation:

6 0
4 years ago
Emporia Corporation is a lessee with a capital lease. The asset is recorded at $810,000 and has an economic life of 8 years. The
Doss [256]

Answer:

The amount of depreciation expense the lessee should record for the first year of the lease is $108,000

Explanation:

To calculate the depreciation expense for each year the first thing you have to do is to substruct from the initial value the fair value at the end fo the lease, obtaining this way the depreciable amount.

For this case it would be:

$810,000 - $270,000= $540,000

Then you have to divide the depreciable amount by the years of the term the lease.

$540,000/5= $108,000

4 0
3 years ago
To examine the effect of hunger on taste sensitivity, groups of research participants are deprived of food for differing lengths
Alex787 [66]

Answer:

B. An EXPERIMENT

Explanation:

The research : trying to study 'Effect of Hunger on Taste Sensitivity'  is an Experiment based research - based on its special treatment (i.e depriving food for time intervals) on research participants in a controlled environment .

Although it tries to study relationship (correlation) between variables : Hunger & Taste Sensitivity , it doesn't do so without any control on either variable . Naturalistic Observation subject is also observed without any manipulation . So , it doesn't qualify to be either Naturalistic or Correlational Research . Survey Research includes getting participants responses through questionnaire , so it doesnt fit to this category as well .

6 0
3 years ago
In functions of business, what is an example of management?
love history [14]

The four primary functions of managers are planning, organizing, leading, and controlling. By using the four functions, managers work to increase the efficiency and effectiveness of their employees, processes, projects, and organizations as a whole.

4 0
3 years ago
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