Answer: These transactions can be journalised as follows :-
Explanation:
1. Receivables A/C Dr. 5000
To revenue A/C 5000
( Being paid for training of students)
2a. Cash A/C Dr. 4000
To Receivables A/C 4000
(Being 4000 provided in october)
2b. Cash A/C Dr. 1000
To Receivables A/C 1000
(Being 1000 recieved for training)
2c. Cash A/C Dr. 3000
To Receivables A/C 3000
(Being 3000 recieved for training)
3a. Accounts payable A/C Dr. 1000
To cash A/C 1000
(Being 1000 provided for rental bill of september)
3b. Rental expense A/C Dr. 1500
To accounts payable A/C 1500
(Being 1500 provided for rent bill in october)
Good Afternoon,
YMCA is the place for signing up kids so that people will take care of them while your gone or even after school. Therefore, A is the answer :)
Hope I helped, and good luck studying :D
Thank you,
Darian D.
Answer:
9.61 years
Explanation:
For this question , we use the NPER formula that is presented in the attached spreadsheet
Given that,
Present value = $12,000
Future value = $30,000
Rate of interest = 10%
PMT = $0
The formula is shown below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the answer is 9.61 years
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer: Option A
Explanation: In simple words, debt financing refers to a process under which an organisation borrows money from other parties without giving any share in the ownership rights.
These finances are usually gathered by selling bonds bills and notes to the general public. Whereas, equity finance sells its ownership rights and raise money from it.
Hence from the above we can conclude that the correct option is A.