Using his skateboard, Edgar can travel 8 miles in 2 hours while his brother, Johnathon, can

Suppose that the average wage earner saves 7% of her take-home pay and spends the other 93%. Also suppose that 93% of any amount

natali 33 [55]

You dad is gay and left you for the milk

7 0

3 years ago

Granny Gums has established a scholarship at the Martin College of Dentistry. She will make deposits into an endowment account t

OleMash [197]

Answer:

Scholarship Amount would be $45.68

Explanation:

Deposits into an endowment account that pays 12% per year

Year 0 Deposit $100

Year 1 Deposit $90

Year 2 Deposit $80

Year 3 Deposit $70

Year 4 Deposit $60

Year 5 Deposit $50

Year 6 Deposit $40

First find the present worth of the gradient deposits.

P = 100 + 90(P/A, 12%, 6) - 10(P/G, 12%, 6) = $380.69

A = 380.69 (0.12)

A= $45.68

3 0

3 years ago

Denzel Brooks opened a Web consulting business called Venture Consultants and completes the following transactions in March Marc

san4es73 [151]

Answer:

1. Prepare general journal entries to record these transactions using the following titles:

March 1

Dr Cash (101) 175,000

Dr Office Equipment (163) 26,000

Cr Common Stock (307) 201,000

March 2

Dr Prepaid Rent (131) 6,000

Cr Cash (101) 6,000

March 3

Dr Office Equipment (163) 3,800

Dr Office Supplies (124) 2,200

Cr Accounts Payable (201) 6,000

March 6

Dr Cash (101) 4,500

Cr Services Revenue (403) 4,500

March 9

Dr Accounts Receivable (106) 10,900

Cr Services Revenue (403) 10,900

March 12

Dr Accounts Payable (201) 6,000

Cr Cash (101) 6,000

March 19

Dr Prepaid Insurance (128) 6,400

Cr Cash (101) 6,400

March 22

Dr Cash (101) 4,000

Cr Accounts Receivable (106) 4,000

March 25

Dr Accounts Receivable (106) 5,330

Cr Services Revenue (403) 5,330

March 29

Dr Dividends (319) 5,400

Cr Cash (101) 5,400

March 30

Dr Office Supplies (124) 1,700

Cr Accounts Payable (201) 1,700

March 31

Dr Utilities Expense (690) 1,400

Cr Cash (101) 1,400

2. Post the journal entries from part 1 to the ledger accounts.

Account Description Debit Credit

101 Cash 175,000

6,000

4,500

6,000

6,400

4,000

5,400

1,400

101 Cash 158,300

106 Accounts Receivable 10,900

4,000

5,330

106 Accounts Receivable 12,330

124 Office Supplies 2,200

1,700

124 Office Supplies 3,900

128 Prepaid Insurance 6,400

131 Prepaid Rent 6,000

163 Office Equipment 26,000

3,800

163 Office Equipment 29,800

201 Accounts Payable 6,000

6,000

1,700

201 Accounts Payable 1,700

307 Common Stock 201,000

319 Dividends 5,400

403 Services Revenue 4,500

10,900

5,330

403 Services Revenue 20,730

690 Utilities Expense 1,400

3. Prepare a trial balance as of April 30.

Account Description Debit Credit

101 Cash 158,300

106 Accounts Receivable 10,900

106 Accounts Receivable 12,330

124 Office Supplies 3,900

128 Prepaid Insurance 6,400

131 Prepaid Rent 6,000

163 Office Equipment 29,800

201 Accounts Payable 1,700

307 Common Stock 201,000

319 Dividends 5,400

Retained earnings 11,000

403 Services Revenue 20,730

690 Utilities Expense 1,400

TOTAL 234,430 234,430

6 0

4 years ago

Wilma’s Vegetable Market had the following transactions during 2017:

babymother [125]

Answer:

Journal Entries are as follows.

Explanation:

1. Cash $25,000 (Debit)

Common Stock $ 25,000 (credit)

2. Wages $10,000 (debit)

Cash $10,000 (credit)

3. Land $ 50,000 (debit)

Common Stock $50,000 (credit)

4. Dividend Declared $ 1000 (debit)

Dividend Payable $ 1000 ( credit)

And

Dividend Payable $ 1000 ( debit)

Cash $ 1000 (credit)

5. Cash $ 3000 (debit)

Long Term Investment $ 3000 (credit)

6. Cash $ 20,000 (debit)

Sales $ 20,000 ( credit)

7. Inventory $2000 (debit)

Cash $ 2000 (credit)

8. Investment $ 6000 ( debit)

Cash $ 6000 (credit)

9. Bonds Payable $ 10,000 (debit)

Discount $ 1000 (credit) ( if there's any)

Common Stock $ 9,000 ( credit ) ( in case of discount)

10. Notes Payable $ 10,000 (debit)

Interest on Notes Payable $ 1,000 (debit) ( suppose there's interest of $ 1000 on $ 10,000 Notes Payable)

Cash $ 11,000 (credit)

4 0

3 years ago

Persons considered low income receive worse care than high-income persons for about 80% of core health care measures quizlet

kogti [31]

This statement is true. Members of racial and ethnic minorities are frequently given lower-quality care and are less likely to obtain preventative health services than white people. Additionally, they experience worse health outcomes for a few illnesses.

How are minorities affected by healthcare?

Minority Americans Experience Lower Insurance Coverage Rates and Limited Access to Healthcare all Americans who lack health insurance have reduced access to care and more unpleasant medical experiences. African Americans and Hispanics are particularly in danger of going without insurance.

How does socioeconomic status affect health care?

Access to healthcare is significantly impacted by low SES. Low-income individuals are more likely to be Medicaid beneficiaries or uninsured, have worse quality healthcare, seek medical attention less frequently, and are more likely to do so in an emergency.

Learn more about socioeconomic status affect health care: brainly.com/question/12482069

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6 0

2 years ago