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nekit [7.7K]
3 years ago
10

Issued a cheque of rs. 39000 to Saurya stores in full settlement. journal entry​

Business
1 answer:
Semmy [17]3 years ago
4 0

Answer:

When issuing a check to a creditor as is being done here, you need to debit the creditors account (Accounts Payable) to show that you are paying off the debt.

You also need to credit cash because a credit will show that cash was used to pay for something and so has reduced.

Date               Account Title                                                  Debit            Credit

XX-XX-XXX   Accounts Payable - Saurya Stores             Rs. 39,000

                       Cash                                                                                Rs. 39,000

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An investment banker has recommended aâ $100,000 portfolio containing assetsâ B, D, and F.â $20,000 will be invested in assetâ B
soldier1979 [14.2K]

Answer:

β = 1.45

Explanation:

The beta of the portfolio is defined as an average of the betas (β) of each asset within the portfolio weighted by their respective invested amounts (A):

A_{P}* \beta_{P} =A_{B}* \beta_{B} +A_{D}* \beta_{D} +A_{F}* \beta_{F} \\\beta_{P} =\frac{20,000 * 1.5 + 50,000*2.0 +30,000*0.5}{100,000}\\\beta_{P} = 1.45

The beta of the portfolio is 1.45

8 0
3 years ago
1.) Ocean City Kite Company manufactures & sells kites for $6.50 each. The variable cost per kite is $3.50 with the current
Brut [27]

Answer:

$270,000

Explanation:

Contribution per kite = $6.50 - $3.50 = $3.00

Break even point = 90,000 kites

Since;

Break even point = Fixed cost / Contribution per kite.

We have:

90,000 = Fixed cost / $3.00

Fixed cost = 90,000 * $3.00 = $270,000

Therefore, Ocean City Kite Company's fixed costs is $270,000.

5 0
3 years ago
As it relates to international trade, dumping: A. is defined as selling more goods than allowed by an import quota. B. constitut
amid [387]

Answer:

C. is the practice of selling goods in a foreign market at less than cost.

Explanation:

As it relates to international trade, dumping <u>is the practice of selling goods in a foreign market at less than cost</u>. Dumping is the practice of selling a product in a foreign market at an unfairly low price (a price that is lower than the cost in the home market) or in order to gain some advantage over the other suppliers.

6 0
3 years ago
As we go from home operation to international operations, we can potentially receive a _______, but we can also see our ______ i
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As we go from home operation to international operations, we can potentially receive a<u> </u><u>rise in our costs</u>, but we can also see our <u>profits </u>increase. This is about business expansion.

<h3>What is business expansion?</h3>

When a company reaches a certain point in its growth and starts looking for new ways to increase profits, that stage is known as business expansion.

Managing business growth or development is a challenge that successful firms and startups alike eventually encounter.

It is to be noted that while business expansion comes with possible potential increases in profit and net worth, incurring additional costs is a certainty.

Lean more about business expansion:
brainly.com/question/15115779
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8 0
2 years ago
_____ occurs when a government demands partial transfer of ownership and management responsibility and imposes regulations to en
Reil [10]

Answer: Domestication.

Explanation:

Domestication is a method of contoling foreign investment in a country by setting limits to what a foreigner can own in a country. Domestication ensures that the owners of major investments in a country are majorly citizens of that country.

7 0
3 years ago
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