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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)

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An entrepreneur is considering starting a new business to produce and sell gourmet cookie dough. The entrepreneur estimates that
Lena [83]

Answer:

The entrepreneur should start the new business.

Explanation:

The reason is that the total cost of the competitor is at $8 which includes $7 variable cost per unit and $1 fixed cost. Whereas on the other hand, the total cost $6 of the new business is composed $5 and $1 assumed fixed cost because the only cost we are provided is variable cost. This shows that the company has a competitve advantage of $1 in controlling the cost of the product. So the company must start the new business as the new business has better chances to attract customers and form relations with new customers depending upon the price differences which the competitor is unable to do so.

7 0
3 years ago
"Reginald greets and chats with his regular customers every morning when they come in for coffee. He offers them tastes of anyth
coldgirl [10]

Answer:

spread positive word of mouth

Explanation:

Reginald knows his regular customers create repeat business and spread positive word of mouth. This means that the repeat customers leave happy and tell their friends about the great experience they had at Reginald's restaurant. This creates enthusiasm in the repeat customers' friends which in term causes them to go to Reginald's business and try the food. This creates more repeat customers and increased profitability for Reginald's business.

4 0
4 years ago
¿Por qué se considera a Mandela como un líder?
Tju [1.3M]

Answer: Sí

Explanation: Sí

4 0
4 years ago
Write a for loop that iterates from 1 to numbersamples to double any element's value in datasamples that is less than minvalue.
navik [9.2K]

Answer:

for (i = 0; datasamples[i] < NUM_POINTS ; ++i) {

        if(datasamples[i] < minVal) {

        datasamples[i] = datasamples[i] * 2;

     }

 }

Explanation:

In this particular problem, we are trying to look at each value in the datasamples array, and double it. This calls for the use of an index variable.

The index variable will keep track of the position within the array as we move from left to right. Starting on the left, at index 0, we will move right until we are at the end of the array.

++i takes care of incrementing the index variable each time the loop runs. This is what moves through the array.

The termination condition checks whether if we have iterates all values in the array. Once you've gone past all the values in the array the  index variable is pointing all the way at the end.

As soon as the termination condition is false the loop will stop executing. So we will want to run your code while i (the index variable) is less than the size of the array (datasamples.length).

Once you've figured out the for loop bounds, simply check your conditional with an if-then statement before updating the values:

5 0
3 years ago
For a ten-year installment note, the portion of the periodic installment payment that represents interest in the third year is:_
amid [387]

Answer:

d. more than in the fourth year

Explanation:

In a ten-year install plan, the interest portion in the installment gradually decreases because the outstanding amount decrease with the payment of installment.

The installment has two portions

  1. Interest Payment on the outstanding amount
  2. Principal payment

The interest is charged on the outstanding amount of the loan. As the installment is paid the principal portion reduces the outstanding amount of the loan. The interest portion of the installment decreases gradually and the principal portion of the installment increases.

There is a higher payment of interest in the early installment payments that gradually decreases.

The interest payment made in the third year will be higher than the interest payment made in the fourth year

8 0
4 years ago
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