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3 years ago

What must be done if a transaction increases the left side of the accounting equation?

Business

2 answers:

katovenus [111]3 years ago

8 0

Answer:

Explanation:

Neje

spin [16.1K]3 years ago

3 0

State the accounting equation? What must be done if a transaction increases the left side of the accounting equation? If the left side of the accounting equation increases, the right side must increase as well.

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Viral marketing is consistently successful. True False

shutvik [7]

Answer:
Based on what we know, Viral Marking is so successful because it creates curiosity and desire needed to generate the demand for a product or a service.

In conclusion:
Yes, viral marketing is consistently successful.

8 0

2 years ago

Cheyenne Corp. reported net income of $196,100 for 2022. Cheyenne also reported depreciation expense of $47,400 and a loss of $5

denpristay [2]

Solution:

Particulars Amount

Net Operating Income $ 196,100

Adjustments to reconcile the net to :

Net Cash provided by the operating activities.

Add the depreciation expenses $ 47,400

Add loss on disposal of plant assets $ 5,600

Add increase in the accounts receivable $ 10,900

Add increase in Accounts payable $ 12,900

Add increases in prepaid expenses $ 3,200

$ 80,000

Cash balance at the end $ 276,100

4 0

3 years ago

3x5=? IRMAĞININ AKIŞINA ÖLÜRÜM TÜRKİYEM

Margarita [4]

The answer is 15. Hope this helps!

6 0

3 years ago

Hommie Delicacies produces two products (Orapine and Banango) from a joint process. The joint cost of production is GH¢80,000. F

SVEN [57.7K]

Answer:

Explanation:

Joint cost = 80,000

Orapine

cost of 5000 at 20 = 100,000

Incremental Cost of further processing =20,000

Incremental revenue = 5000* (25-20)= 25,000

Incremental income 5,000

Banango

cost of 10000 at 15 = 150,000

Incremental cost of further processing = 20,000

Incremental revenue = 10,000*(16-15) = 10,000

Incremental income = (10,000) loss

If Orapine is processed further , there will be an incremental income of 5,000 compared to Banango that will bring an incremental loss of 10,00 if processed further.

Based on this , it is advised that Orapine be processed further while Banango is not

3 0

3 years ago

Many firms in the United States file for bankruptcy every year, yet they still continue operating. Why would they do this instea

vladimir1956 [14]

Answer:

see below

Explanation:

A firm may either opt to shutdown or declare bankruptcy if its making losses. A shutdown will involve ceasing operations and disposing of assets to pay creditors. Declaring bankruptcy shields the business from debt obligations or seizing of assets by its creditors.

Many businesses opt to declare bankruptcy because shutting down is costly. Except for properties, other assets are likely to be liquidated at costs below their book value. With the burden of debts shelved for some time, a business has a chance of bouncing back to profitability. A loss-making firm whose price is above the average variable cost should continue operating.

3 0

3 years ago