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inessss [21]
3 years ago
11

Presented below is information from Perez Computers Incorporated. July 1 Sold $20,000 of computers to Robertson Company with ter

ms 3/15, n/60. Perez uses the gross method to record cash discounts. 10 Perez received payment from Robertson for the full amount owed from the July transactions. 17 Sold $200,000 in computers and peripherals to The Clark Store with terms of 2/10, n/30. 30 The Clark Store paid Perez for its purchase of July 17
Business
1 answer:
Greeley [361]3 years ago
8 0

Explanation:

The Journal Entry is shown below:-

1. Accounts Receivable Dr,            $20,000

           To cash revenue                                $20,000

(Being computer sold is recorded)

2. Cash Dr,                                         $19,400

    Sales discount Dr,                         $600

             To accounts receivable                    $20,000

(Being cash is received)

3. Accounts receivable Dr,               $200,000

              To sales revenue                               $200,000

(Being sales revenue is recorded)

4. Cash Dr,                                          $200,000

               To accounts receivable                     $200,000

(Being cash is recorded)

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The fixed costs of doing business include
11Alexandr11 [23.1K]

Answer:

Fixed costs are the costs associated with your business's products or services that must be paid regardless of the volume you sell. ... Insurance - the liability insurance you hold on your business. Rent - the rent you pay on your office, factory, and storage space. Utilities - electricity, water, and other utilities.

Explanation:

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3 years ago
Match the factors to the target capital structure preferred.
Paraphin [41]

Answer:

See below ~

Explanation:

<u>Equity Capital Structure</u>

Equity capital refers to the money owed by the owners or shareholders of the company.

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<u>Debt Capital Structure</u>

Debt capital in the capital structure of the company refers to the borrowed money at work.

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7 0
2 years ago
If you have 4.00 gg of H2, how many grams of NH3 can be produced?
n200080 [17]

Answer:

22.49 g of NH3

Explanation:

The balanced equation for this would be:

3H₂+N₂ → 2NH₃

So let's take note of this:

We will need 3 moles of H₂ to produce 2 moles of NH₃.

Now let us convert:

First we determine the molar mass of H2:

Element:

     number of atoms   x     molar mass

H   =          2                 x       1.01 g/mol = 2.02 g/mol

Let's see how many moles of H2 there are in 4.00g

4.00 g\times \dfrac{1\;mole\;of\;H_2}{2.02g} = 1.98\;moles\;of\;H_2

Now we can see how many moles of NH₃ we can make given the ratio and convert it again to grams by getting the molar mass of NH₃:

1.98\;moles\;of\;H_2\times\dfrac{2\;moles\;of\;NH_3}{3\;moles\;of\;H_2} = 1.32\;moles\;of\;NH_3

This means that with 1.98 moles of H₂, we produce 1.32 moles of NH₃

So let's get the molar mass of NH₃ so we can convert it to grams:

N      =   1 x 14.01 = 14.01

H      =  3 x 1.01   = 3.03

                             17.04g/mol

1.32\;moles\;of\;NH_3\times\dfrac{17.04g\;of\;NH_3}{1\;mole\;of\;NH_3} = 22.49g\;of\;NH_3

4 0
3 years ago
Fill in the correct words for the skills that Sharia used to make a career plan.
gogolik [260]
#1 goal-setting #2 decision-making
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Answer:

$171,941

Explanation:

Cash out = $921,941. 2. Interest earned by the investment = $171,941.

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