1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bearhunter [10]
3 years ago
7

Journalize the following selected transactions of Miramax Rentals. Omit explanations.

Business
1 answer:
alexandr1967 [171]3 years ago
8 0

Answer and Explanation:

The journal entries are shown below:

On Aug 1

Inventory  Dr     $850

      To Accounts payable $850

(Being inventory purchased on account)

On Aug 8

Cash Dr     $125

      To Advance deposit a/c $125

(Being cash receipts is recorded)

On Aug 20

Accounts Receivable Dr $1250

         To Rental Revenue  $1250

(Being revenue is recorded)

On Aug 31

Utility expense Dr $180

       To Cash $180

(Being cash paid is recorded)

On Aug 31

Cash Dr $600

      To Accounts Receivable a/c $600

(Being cash received is recorded)

You might be interested in
The highest level of awareness occurs when customers mention a specific brand name when asked about a product or service. Market
DIA [1.3K]

Answer:

top-of-mind awareness

Explanation:

the highest level of awareness, occurs when customers mention a specific brand name first when they are asked about a product or service

6 0
3 years ago
A marketing concept is a plan on how to market a product of service to consumers.
kkurt [141]
I believe the answer could be TRUE correct me if im wrong and i hope its right and i just wanna be a good friend too you by answering this dawg!!!
5 0
3 years ago
Which retail chain has a logo featuring a caricature of the faces of the three founders?.
nignag [31]

The retail chain that  has a logo featuring a caricature of the faces of the three founders is Pep Boys.

<h3>What is a retail chain ?</h3>

A retail chain  can be regarded as a retail outlet that has several locations share a brand, central management with business practices.

Pep Boys  which is an American automotive aftermarket service chain featured caricature of the faces of the three founders and was a company was founded in Philadelphia, Pennsylvania.

Learn more about retail chain  at;

brainly.com/question/24448358

6 0
2 years ago
Which of the following statements is the most accurate? Sole proprietorships are well suited for people who want to own a busine
emmasim [6.3K]

Answer:

D. Sole proprietorships are taxed at the owner's personal tax rate

Explanation:

Sole Proprietorship can be defined as a simplest form of owning and starting any business. As the term suggests, this business is onwed by an individual only or shared by married couples.

Sole properietorship is easy to set up because the owner need not to register itself to state government, therefore, because of absence of governmental involvement, it is easy to set up or deconstruct sole proprietorship.

<u>From the given options, the statement which is most accurate about a sole proprietorship is option D. The owner of sole proprietorship pays personal taxes on the profits earned by his/her business.</u>

Therefore, option D is correct.

3 0
3 years ago
3. High-end pricing depends on the customer having which of the following perceptions?
djyliett [7]
<h2>More expensive products are better</h2>

Explanation:

According to psychological theory, whenever a customer sees a branded item, the next immediate thing that comes to his/her mind is the price and quality.

According to the customers point of view, a branded item will possess a good quality but the cost will be little higher when compared to the non-branded items.

So higher the price, customer feels that higher the quality.

All the other options feel right sometime but option 1 is the right answer.

5 0
3 years ago
Other questions:
  • Jeff and Ryan rent a house from Mike and Yolanda Reynolds. They are three months behind in their rent and neighbors have been co
    15·1 answer
  • The county government has decided to redo the street you live on and plans to block the street off which causes you and your nei
    14·1 answer
  • Tomas increased his consumption of potato chips when the price of pistachios increased. For Tomas, potato chips and pistachios a
    6·2 answers
  • "the two best times to keep your mouth shut are when you're swimming and when you're angry."
    5·1 answer
  • For the current year, a business has earned (but not recorded or received) $200 of interest from investments. Demonstrate the re
    9·1 answer
  • Stephanie was injured in a car accident was rushed to the emergency room. She received stitches for a facial wound and treatment
    15·2 answers
  • Onslow Co. purchased a used machine for $178,000 cash on January 2. On January 3, Onslow paid $2,840 to wire electricity to the
    10·1 answer
  • In 2020, Lindon Corp. reported a discontinued operations loss of $1,300,000, net of tax. It declared and paid preferred stock di
    5·1 answer
  • When diseconomies of scale occur, Multiple Choice marginal cost intersects average total cost. the long-run average total cost c
    10·2 answers
  • What can be said of the correlation between the brand of an automobile and its quality?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!