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zysi [14]
3 years ago
11

Mr. Decker invested $20,000 in cash in his business. How does the company record the investment?

Business
1 answer:
Dvinal [7]3 years ago
4 0

Answer:

The company records the investment by the entry:

debit Cash and credit Owner's Equity

Explanation:

Mr. Decker invested $20,000 in cash in his new business. He is the Owner of the company.

In the case, the company that he invested received cash from Mr. Decker.

The company will record the increasing in cash and increasing in Owner's Equity account by the journal entry:

Debit Cash $20,000

Credit Owner's Equity $20,000

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Experts say that the choice between a typed thank-you letter or handwritten thank-you letter is unimportant, as long as you send
qwelly [4]

Answer:

Handwritten

Explanation:

Personal Touch - A handwritten thank you letter gives the kind of personal touch expected by the recipients.

Emotional Sensitivity - In the situation where people have suffered a loss and in very personal situations when people expect an emotional connection from the writer.

However, the writing must be legible and beautiful t be well appreciated otherwise a typed thank-you letter will be preferred.  

6 0
3 years ago
Consider an oligopoly industry whose firms have identical demand and cost conditions. If the firms decide to collude, then they
77julia77 [94]

Answer:

The correct answer is C. A pure monopolist.

Explanation:

The pure monopoly arises when there is a total absence of competition, due to independent entry barriers to the company's competitive capacity.

A single company offers a product that has homogeneous characteristics, which has no substitutes and for that reason has a large number of buyers. There are also economic, technological or legal barriers that prevent the entry of potential competitors. That is, there are barriers to entry.

3 0
3 years ago
When a firm initiates or increases a cash discount, the net effect on the accounts receivable investment is difficult to determi
Scilla [17]

Answer:

Yes is True that when a firm initiates or increases a cash discount, the net effect on the accounts receivable investment is difficult to determine because the nondiscount takers paying earlier will reduce the accounts receivable investment, while the new customer accounts will increase this investment.

Explanation:

Accounts Receivable is any amount of money owed by customers for purchases made on credit. It is an asset account on the balance sheet since it is money due in the short run.

As a current asset, Accounts Receivable is an important aspect of a businesses' fundamental analysis used to measures a company's liquidity or ability to cover short-term obligations without additional cash flows.

Accounts receivable Investment will be reduced if the firm initiates or increases a cash discount.

6 0
3 years ago
In targeting professionals (such as doctors, lawyers, and teachers) with advertising, the advertiser must be aware that
Igoryamba

Answer:

The correct option here is A) languages and images used in the advertising for this audience often rely on esoteric terminology.

Explanation:

When the target audience is group of professionals like lawyers, doctors and teachers etc then, the advertiser should rely on esoteric terminology. Here esoteric means something that is to be understood by only professionals who have some specialized knowledge, if this type of terminology is used with normal public than everything that advertiser is saying is gonna go over the head of the public, so therefore this type of terminology is used when the audience is group of professionals.

7 0
3 years ago
A product's ________ identifies the product or brand, describes several things about the product, and promotes the brand.
SCORPION-xisa [38]

Answer: label

Explanation:

Product labels are the piece of material

that are being attached to a product in order for easy identification by consumers in order to know the brand and also to know the contents.

A product's label identifies the product or brand, describes several things about the product, and promotes the brand.

6 0
3 years ago
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