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4 years ago

Credit cards are not considered part of the money supply because

Business

1 answer:

pishuonlain [190]4 years ago

3 0

I think they are you use the cards like you do with cash so they are put of the money supply

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Allison corporation acquired 90 percent of bretton on January 1, 2016. Of Brettons total acquisition date fair value, $60000 was

Illusion [34]

Answer:

Hello your question is incomplete attached below is the complete question

answer : consolidated Total sales = $1008000

Explanation:

Determine the consolidated totals for sales

to get the consolidated totals for sales we have to add up the two book values then subtract $92000 ( which is the entity transfers )

Consolidated Total sales = ($70000 + $400000 ) - $92000

= $1100000 - $92000 = $1008000

8 0

3 years ago

Which of the following statements are in accurate?1. There is substantial agreement about how and when markets fail.2. There is

melamori03 [73]

Answer:

The correct answer is 2

Explanation:

The market outcomes are the accounting indicators of the sales as well as profit revenue and the market share which is commonly used outcomes in the measure of the performance for the marketing.

Markets are for organize the economic activity. But the governments sometimes improve the market outcomes, not always So, there is not agreement regarding that the government to improves the market outcomes. The standard of living of company grounded on the ability to produce the goods and services.

7 0

4 years ago

The Ayayai Company issued $260,000 of 10% bonds on January 1, 2020. The bonds are due January 1, 2025, with interest payable eac

astraxan [27]

Answer:

Journal entries on January 1:

Dr Cash $254,800

Dr Discount on bonds payable$5200

Cr Bonds payable $260,000

July 1:

Dr Interest expense $13,520

Cr cash $13,000

Cr Discount on bonds payable $520

December 31:

Dr Interest expense $13,520

Cr cash $13,000

Cr Discount on bonds payable $520

Explanation:

The proceeds of issue =$260,000*98%=$254,800

Discount on bonds payable=Par value-cash proceeds

par value is $260,000

Discount on bonds payable=$260,000-$254,800=$5200

The discount amortization on semi-annual basis=$5200 /5*6/12=$520

Semi-annual interest on the bond =$260,000*10%*6/12=$13,000.00

4 0

3 years ago

The Accounts Payable account has a $3,700 credit balance. An entry for the payment of $1,350 on the amount owed is recorded and

RUDIKE [14]

Answer:

a $2,350 credit balance

Explanation:

Accounts payable is a liability account. As such, when a credit entry into the account increases the balance and a debit entry reduces the balance in the account.

For the payment of an amount owed, it will be posted as a debit.

Therefore the balance in the account after the posting

= ($3700) + $1350

= ($2350)

Note the parenthesis was used to indicate a credit item.

3 0

3 years ago

Why is the location of a business important to the success of that business?

Anna007 [38]

Choosing a location for a new business is one of the most important decisions entrepreneurs make during the planning phase of launching ventures. The location of a business can affect many aspects of how it operates, such as total sales and how costly it is to run.

5 0

3 years ago