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dlinn [17]
2 years ago
6

What is journal entry for purchase goods from ram on cash rs 4000​

Business
1 answer:
valentinak56 [21]2 years ago
6 0

Answer:

Purchased a/c ........Dr. rs.4000

To, cash a/c rs.4000

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Marvin Corporation has the following information reported on the balance sheet as of December 31, 2017 Common Stock, $10 par val
SCORPION-xisa [38]

Answer:

  • How many shares of common stock are outstanding?

C. 3,000

Explanation:

Treasury stock, are those that the company repurchase from the market and keep it in the company, in this case the company keep the shares in the accounting and the shares could be reissued in the future.

The company issued 9,000 shares, it is reflected in the Common Stock account,  $90.000 / $10 = 9,000.

Then in the Treasury Stock account are registered the shares that the company repurchases from the market, these are, 6,000 shares.

Finally the total Common Shares outstanding are 3,000.

3 0
3 years ago
June Corp. sells one product and uses a perpetual inventory system. The beginning inventory consisted of 80 units that cost $20
inn [45]

Answer: 200 units

Explanation:

Beginning inventory                                      80 units.

Company Purchases                                     <u>480 units</u>

Total                                                                560 units

Sales                                                               <u>(360 units)</u>

Ending Inventory                                            200 units

200 units remain in Ending inventory.

7 0
2 years ago
Although you may not have received the e-mail we have been informed that the division head of the Finance Department is leaving
Orlov [11]

Answer:

B.

Explanation:

The sentence is too long and it is missing proper punctuations(like a comma). Reading it without punctuation does not provide room for breathing and therefore needs editing. It will be correct if framed like this; Although you may not have received the e-mail, we have been informed that the division head of the Finance Department is leaving at the end of the month. This sentence has a comma in the right place.

8 0
3 years ago
When initiating communication in a business environment, the first step is to:
irina1246 [14]
Define the markets, people, and environments you are addressing 
6 0
2 years ago
External factors in a SWOT analysis include the strengths and weaknesses of an organization.
Katarina [22]

Answer:

False

Explanation:

External factors in a SWOT analysis does not include the strengths and weaknesses of an organization.  The full meaning of SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. The Strengths and weaknesses are internal factors to an organization as they have management control over it and can be modify as well.

4 0
2 years ago
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