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Lorico [155]
2 years ago
7

A business receives $5 000 for Rent

Business
1 answer:
alexira [117]2 years ago
4 0

Answer: Dr Bank $5 000; Cr Rent Revenue $ 5 000

Explanation:

From the information given in the question, we are informed that a business receives $5 000 for Rent

Revenue and deposits this amount into its bank account, this transaction will be recorded thus:

Debit Bank $5000

Credit Rent Revenue $5000

The correct journal entry is written above with regards to the transaction.

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Which networking trend involves the use of personal tools and devices for accessing resources on a business or campus network?
Sloan [31]

The networking trend that involves the use of personal tools and devices for accessing resources on a business or campus network is called BYOD or bring your own device

This trend in networking allows its users to use personal devices and tools on business and campus networks.

7 0
3 years ago
Product safety has become a hot topic for businesses around the world. The purpose of product safety policies and legislation is
Sav [38]

Answer:

The purpose of product safety policies and legislation is to keep consumers safe, with the expectation that product quality is balanced against business profits. How does a company factor these competing expectations and still hold the consumer responsible for safe and effective use of the product? Product safety is a key component of any business.

Explanation:

6 0
2 years ago
__________________-- stresses that in some cases, countries specialize in the production and export of particular products not b
maxonik [38]

Answer:

New Trade Theory

Explanation:

New Trade Theory explains one reason why some countries specialize in specific industries for factors other than natural resources, quantity of labor force, or comparative advantage.

This reason is that some industries can only support a limited number of firms around the world. An example of this is the aeronautic industry, which only has a few players, with two giant firms dominating above all others: Boeing (US), and Airbus (Europe).

While the United States and the European Union can specialize in making planes through their respective giant companies, most other countries in the world cannot do so: they neither have the techology, nor the expertise, nor the capital to create a successful competitor for Aribus or Boeing. It is not even clear if the market needs or would support a third industry giant either.

3 0
3 years ago
As part of the initial investment, Jackson contributes accounts receivable that had a balance of $32,290 in the accounts of a so
yuradex [85]

Answer: $30,923

Explanation:

From the question, we are told that as part of an initial investment, Jackson contributes accounts receivable that had a balance of $32,290 in the accounts of a sole proprietorship. Out of the amount, $1,367 is deemed completely worthless and for the remaining accounts, the partnership will establish a provision for possible future uncollectible accounts of $848.

The amount debited to accounts Receivable for the new partnership will be the difference between the account receivable balance and the amount that was deemed worthless. This will be:

= $32,290 - $1,367

= $30,923

Therefore, the amount debited to Accounts Receivable for the new partnership will be $30,923

3 0
3 years ago
Which of the following statement is correct? A.A change in demand is a movement along the demand curse, and a change in the quan
Alex777 [14]

Answer:

The correct answer is option D.

Explanation:

A change in the quantity demanded is a movement along the same demand curve. It is caused because of a change in the price of the product while other factors affecting demand remain constant.

A change in demand is shown by a movement in the demand curve. This is caused by changes in other factors such as income, population, preferences, price of other goods, etc, while the price of the product remains constant.

5 0
2 years ago
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