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
Reptile [31]
3 years ago
15

On July 4, Blossom's Restaurant accepts a Visa card for a $150 dinner bill. Visa charges a 2% service fee. Prepare the entry on

Blossom’s books related to the transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Business
1 answer:
Tpy6a [65]3 years ago
3 0

Answer:

The journal entry is shown below.

Explanation:

According to the scenario, the journal entry for the given data are as follows:

Journal entry

Jul.4 Cash A/c Dr    $147

        Card charges A/c Dr.   $3

        To Sales revenue A/c   $150

(Being card transaction is recorded)

Computation:

Cash = $150 - 2% × $150 = $147

Card charges = $150 × 2% = $3

You might be interested in
what is the name of the device that senses the current flowing, tripping the curcuit, and cutting off the electricity?
DaniilM [7]
Ground Fault Circuit Interrupter ;)
7 0
3 years ago
What is the benefit of a 529 education saving plan?
Fofino [41]

Answer:

The second statement is true.

Explanation:

  • The school is dependent on what state the 529 is registered with.
  • Option 3 is not a benefit
  • 529 contributions are made with after tax dollars, only interest earned and distributions are tax deffered.
7 0
3 years ago
In 2009, the U.S. government imposed a 35% tariff on tires imported from China. (The numbers and equations used here are simplif
Verdich [7]

Answer:

In 2009, the U.S. government imposed a 35% tariff on tires imported from China. (The numbers and equations used here are simplified based on the results of a much more complicated model.) Demand is given by QD = 105 − 1.5P where QD is in millions of tires per year. Supply is QS = 1.5873P − 15.87.

Explanation:

4 0
3 years ago
A local bank’s advertising reads: "Give us $45,000 today, and we’ll pay you $800 every year forever." If you plan to live foreve
m_a_m_a [10]

Answer:

1.78%

Explanation:

The computation of the annual interest rate earn is shown below:

= Every year payment ÷ Present value × 100

= $800 ÷ $45,000  × 100

= 1.78%

We simply divide the every year payment by the present value so that the correct annual interest rate can come

So, we consider all the information which is given in the question

3 0
3 years ago
You are asked to assess the current service model for a manufacturing line featuring 8 machines. Based on empirical data you hav
xeze [42]

Answer:

A) 14.72 hours

B)  An additional worker should be hired since the lost work time is 14.72 hours

Explanation:

Number of machines on manufacturing line = 8

percentage of machine been down = 23%

number of workers capable of running and repairing machines = 2

machine productivity ( per machine ) = 18 units/hour

overhead cost / machine = $713

hourly rate paid per worker  = $15

Total number of work hours = 8 hour

A) calculate Total amount of lost worktime

 = number of machines * Total number of work hours * 23%

= 8 * 8 * 23% = 14.72  hours

B) An additional worker should be hired since the lost work time is 14.72 hours

7 0
3 years ago
Other questions:
  • In an effort to yield a high percentage of transformed bacteria, you may choose to utilize electroporation to increase the proba
    15·1 answer
  • Ron Landscaping's income statement reports net income of $73,300, which includes deductions for interest expense of $10,500 and
    11·1 answer
  • The advent of ________ has put buyers and sellers on much more equal footing.
    12·1 answer
  • A bank has $770 million in checkable deposits. The bank has $85 million in reserves. The bank's required reserves are ________ a
    10·1 answer
  • You are hired as the consultant to a monopolistically competitive firm. The firm reports the following information about its pri
    7·1 answer
  • Klapper Company claimed a tax deduction which was uncertain when it was deducted in 2018 but is relatively certain of receiving
    11·1 answer
  • A firm has borrowed $5,000,000 for 5 years at 10% per year compound interest (compounded yearly). The firm will make no payments
    11·1 answer
  • If you receive 10 units of utility from consuming one cup of coffee and 16 units of utility from consuming two cups of coffee, w
    14·1 answer
  • How do credit
    13·1 answer
  • What is the term for the idea that some goods will be overused and depleted if not regulated?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!