Answer:
Laser Delivery Services, Inc. (LDS)
Analyzing the Effects of Transactions Using T-Accounts:
Cash
Date Accounts Titles Debit Credit
a. Common Stock $40,000
c. Delivery Truck $2,000
d. Delivery Truck 2,000
Balance 36,000
Common Stock
Date Accounts Titles Debit Credit
a. Cash $40,000
Land
Date Accounts Titles Debit Credit
b. Note Payable $12,000
Note Payable
Date Accounts Titles Debit Credit
b. Land $12,000
c. Delivery Truck 18,000
Balance $30,000
Delivery Trucks
Date Accounts Titles Debit Credit
c. Cash $2,000
Note Payable 18,000
d. Cash 2,000
Balance $22,000
2. Classified Balance Sheet as of December 31, 2010:
Assets:
Cash $36,000
Land 12,000
Delivery trucks 22,000 $34,000
Total assets $70,000
Liabilities + Equity:
Notes Payable 30,000
Common Stock $40,000
Total liabilities + Equity $70,000
Explanation:
a) Trial Balance
Cash $36,000
Land 12,000
Delivery trucks 22,000
Common Stock $40,000
Notes Payable 30,000
Totals $70,000 $70,000
b) Business transactions affect the accounting equation (assets = liabilities + equity) by increasing or decreasing the two sides equally. This means that the accounting equation is always in balance before and after every transaction.
Answer:
False
Explanation:
When the government increases spending, aggregate demand increases. This leads to increase in demand of money.
If federal reserve holds money supply constant in this case, interest rate will increase. This will lead to 'crowding out' of private investment; & the total effect of government investment increase on AD is lesser.
If government keeps the interest rate constant, the private investment 'crowding out' effect will not occur. No private investment crowding out effect, & the total effect of government investment increase on AD is lesser.
So; The effect on aggregate demand would be <u>lesser</u> if the Federal Reserve held the money supply constant in response than if the Fed were committed to maintaining a fixed interest rate.
Answer:
Explanation:
Organizational structure could be explained as a connected workflow through which an organization is strategically setup to operate.
Five elements create an organizational structure: job design, departmentation, delegation, span of control and chain of command
Job design : This element allows the definition of individual job role, the demands of each job position, duties, responsibilities and the key performance indicators.
Departmentation : Here, individual job roles which seems similar and have similar requirement are grouped into a certain defined category called department. Deparmentation may be ascribed based on task, job role, task force and so on.
Delegation : This involves process handling and management, each process and logical department has to be headed by a defined individual or group of persons.
Span of control : Definitions control and authority such that delegates know their limits and when to initiate their organizational power.
Chain of command : This is crucial as organizations aee arranged and operated hierarchically, the command line is defined such that it makes reporting easier.
Answer:
probability assessment
Explanation:
A probability assessment refers to determining the likelihood of an event occurring. This is generally done to estimate the potential risks of an investment since cash flows are basic for calculating a project's NPV, IRR and payback period.
In this case, the estimated cash flow = ($680 x 40%) + ($520 x 40%) + ($450 x 20%) = $571.60