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never [62]
2 years ago
8

a debit entry in the cash account and a corresponding credit entry in David Levin's account are made for the transaction.....

Business
1 answer:
Alborosie2 years ago
6 0

Answer:

receipts of cash from David Levin's

Explanation:

You might be interested in
Economically rational means that consumers and firms
Lena [83]

Answer:

D, Take actions that are appropriate to reach goals given available information.

Explanation:

Rational in economics can be said to be a situation where an individual or company takes the best decisions to reach his/her or its goals.

This could also mean that the ability to make a decision that maximizes the accomplishment or benefits for an individual.

cheers.

5 0
2 years ago
Which of the following is influenced by personal economic choices? Check all that apply.
alexdok [17]
These are factors that influences the personal economic choices that a person will decide:
-the resources you have available
-the money you decide to spend on leisure products
-the amount of money you put into your savings account
-and the manner in which you balance your time between work and leisure
In the answers above, the only choice that I did not check is number 1 because it is not a personal choice that is applied to everyone. resources and money are saved and used for personal choices of a person for leisure and needs.
3 0
3 years ago
What are the portfolio weights for a portfolio that has 190 shares of Stock A that sell for $95 per share and 165 shares of Stoc
Vesnalui [34]

Answer:

Portfolio weight - Stock A =  46.473%

Portfolio weight - Stock B = 53.527%

Explanation:

The weightage of portfolio refers to the amount of investment in each stock in the portfolio expressed as a percentage of total investment in the portfolio. The weightage of portfolio can be calculated by as follows,

Portfolio weightage = Investment in Stock A / Total Investment in Portfolio  +

Investment in Stock B / Total Investment in Portfolio  +  ...  +  

Investment in Stock N / Total Investment in Portfolio

Total investment in portfolio = 190 * 95  +  165 * 126  = 38840

Investment in Stock A = 190 * 95 = 18050

Investment in Stock B = 165 * 126 = 20790

Portfolio weight - Stock A = 18050 / 38840 = 46.473%

Portfolio weight - Stock B = 20790 / 38840 =53.527%

4 0
3 years ago
REM Real Estate received a check for $27,000 on July 1 which represents a 6 month
sweet-ann [11.9K]

Answer:

a. Debit Unearned Rent Revenue, $4,500; Credit Rent Revenue, $4,500

Explanation:

When the company receives the $27,000 check for six months of advance rent, it records the unearned revenue in a liability account named Unearned Rent Revenue. The resulting journal entry is:

(Dr) Cash, $27,000

(Cr) Unearned Rent Revenue, $27,000

With the passing of each month, the company <em>earns</em> one-sixth (1/6) of the unearned rent revenue (or $4,500), essentially reclassifying the revenue from unearned to earned. Therefore, after one month, the resulting journal entry is:

(Dr) Unearned Rent Revenue, $4,500

(Cr) Rent Revenue, $4,500

5 0
3 years ago
Outsourcing is __________. ANSWER Unselected making a high-level, often strategic, decision regarding which products or services
larisa [96]

Answer:

the use of supply chain partners to provide products or services.

Explanation:

In Business management, outsourcing can be defined as a process which involves an agreement between two companies that allows for the provision of services or job functions by another.

When a company is outsourced, it engages the service of another company (third-party) to perform some of its duties rather than the use of an in-house department or employees to handle them. The outsourcing firm is saddled with the responsibility of physically distributing the goods or services of the outsourced company.

Hence, outsourcing refers to the use of supply chain partners to provide products or services.

5 0
2 years ago
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