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
Salsk061 [2.6K]
3 years ago
10

Selected transactions for A. Mane, an interior decorator, in her first month of business, are as follows.

Business
1 answer:
Verizon [17]3 years ago
4 0

Answer:

Please see below

Explanation:

Jan 2.

Dr Cash $13,100

Cr Owner equity $13,100

(Being owner's capital contribution to the business in form of cash)

Jan 3.

Dr Vehicle $3,930

Cr Cash. $3,930

(To record the purchase of used car in form of cash)

Jan 9

Dr Supplies. $655

Cr. Accounts payable $655

(To record supplies purchased on account )

Jan 16

Dr Account receivable $3,144

Cr Revenue $3,144

(Being the record of revenue earned on credit)

Jan 16

Dr Advertising expenses $459

Cr Cash $459

(Being the record of advertising expenses paid in cash)

Jan 20

Dr Cash. $917

Cr Account receivable $917

(Being the record of partial collection receivables)

Jan 23

Dr Account payables $393

Cr Cash $393

(Being the record of payment made to creditors)

Jan 28

Dr. Owner equity $1,310

Cr. Cash $1,310

(To record owner's withdrawal of capital in form of cash)

You might be interested in
Which is an example of a short-term investment
Alenkasestr [34]
Money market accounts
3 0
3 years ago
What is an example of a governmental influence ?
Masteriza [31]
<span>Consumer behavior ...............


</span>
3 0
3 years ago
Read 2 more answers
The term ____ refers to tangible choices such as - in the case of a new venture - investing in research and development for new
Verdich [7]

The answer in the space provided is real options. Real options are the choices in which are present or available in terms of opportunities in the business investments. The reason that is termed as real is because it is not considered to be financial instrument but rather as a tangible asset.

8 0
3 years ago
When interest is accrued on a note payable, but not paid, the A. Interest Expense account is increased; the Interest Payable acc
olchik [2.2K]

Answer:

C. Interest Expense account is increased; the Interest Payable account is increased.

Explanation:

A secured interest can be defined as a legal right granted by a borrower to a lender (creditor) over a collateral (the borrower's property) which permits or allow the lender to have a right to possess the property as soon as the lender defaults in making payment. The payment which is expected to be made by the borrower of a mortgage loan is considered a secured obligation because it is a lien or an enforceable legal claim.

When interest is accrued on a note payable, but not paid, the Interest Expense account is increased; the Interest Payable account is increased.

8 0
3 years ago
Marco, a real estate agent, receives a dozen emails in his inbox. Six of the emails are inquiries to a new condo listing he has
denis23 [38]

Answer:

Yes because Marco discriminated by ignoring the email due to its appearance of being linked to someone of a different national origin

Explanation:

Real estate agents are not allowed to discriminate against buyers of property. Of they do they can lose their Liscence.

Discrimination is the act of behaving differently

and withholding benefits from people based on their race, colour, religion, sex, or gender.

In this scenario Marco ignores communicating with one of his clients because the email address has a last name in it that appears to be Irish.

He did not consider the application at all resulting in the client losing the opportunity to obtain the new condo.

As a result of this discriminatory action Marco stands the risk of losing his liscence

4 0
3 years ago
Other questions:
  • A company's interest expense is $20,000. Its income before interest expense and income taxes is $140,000. Its net income is $58,
    5·1 answer
  • Instructions: Select the correct answer from the drop-down menu.
    14·2 answers
  • If production is occurring where marginal cost exceeds price, the purely competitive firm will __________.
    8·1 answer
  • A company or department may standardize with a specific ____ so that all of their documents have a similar appearance.
    9·1 answer
  • Expansionary monetary policy Group of answer choices 1. lowers interest rates, causing aggregate demand to shift to the right. 2
    11·1 answer
  • Bob holds a portfolio of 20 stocks from different industries, whereas Sharon holds only one stock in her portfolio. Assuming the
    8·1 answer
  • Amanda, one of Abigail's fellow workers at BOSS, was surprised to learn that her department's schedule was changed from a standa
    9·1 answer
  • How can prices and elasticity cause colleges and universities to offer financial aid to low-income students?
    8·1 answer
  • Making the choice to spend money on post secondary
    15·1 answer
  • On january 14, sheridan company purchased supplies of $420 on account. the entry to record the purchase will include:______.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!