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3 years ago

PLEASE DON'T ANSWER IF YOU DON'T KNOW!!!

Business

2 answers:

pishuonlain [190]3 years ago

8 0

Answer:

State and federal prisons,country jails

Nostrana [21]3 years ago

6 0

Answer:

The answer is A

Explanation:

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When short-term investments appear in the balance sheet at their current market values, it is an exception to the ______ princip

Semenov [28]

Cost Principle,
requires that assets be recorded at the cash amount (or its equivalent) at the time that an asset is acquired.

5 0

2 years ago

Read 2 more answers

Frictional and structural unemployment can be alleviated by implementing a supply-side policy such as 19) A) * decreasing govern

balu736 [363]

Answer: the government giving tax breaks to companies locating in poor geographic areas.

Explanation:

4 0

2 years ago

g Dybala Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales S

Marianna [84]

Answer:

Effect on income= $2,500 increase

Explanation:

Giving the following information:

Contribution margin= $44

The marketing manager believes that a $6,300 increase in the monthly advertising budget would result in a 200 unit increase in monthly sales.

To calculate the effect on income, we need to use the following formula:

Effect on income= increase in total contribution margin - increase in fixed costs

Effect on income= 200*44 - 6,300

Effect on income= $2,500 increase

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3 years ago

Benson and Orton are partners who share income in the ratio of 2:3 and have capital balances of $60,000 and $40,000, respectivel

hjlf

Answer:

$48,800

Explanation:

Ratio = 2:3

Total investment:

= Benson capital + Orton capital + Ramsey capital

= $60,000 + $40,000 + $20,000

= $120,000

Total Equity of Ramsey:

= 40% of Total investment

= 0.4 × $120,000

= $48,000

Old partners contribution:

= Equity of Ramsey - Ramsey capital

= $48,000 - $20,000

= $28,000

Benson’s capital balance after admitting Ramsey:

= Benson’s capital - Old partners contribution(2 ÷ 5)

= $60,000 - [$28,000 × (2 ÷ 5)]

= $60,000 - $11,200

= $48,800

6 0

2 years ago

Ten years ago, Cary Company issued $1,500,000 of 7 percent, 10-year bonds at a price of 95. On the maturity date of January 2, a

vampirchik [111]

Answer:

Debit Bonds Payable for $1,500,000

Credit Cash for $1,500,000.

Explanation:

Although this bonds were issued at a discount, but the Discount on Bonds Payable account will have zero balance on the day of maturity because of the entry that has been made on each interest payment date.

Therefore, the necessary journal entry for January 2, 2019 to complete is as follows:

Debit Bonds Payable for $1,500,000

Credit Cash for $1,500,000

This entry will appear as follows:

Date Name of Account DR ($) CR ($)

02 Jan '19 Bond payable 1,500,000

Cash 1,500,000

(To record retirement of 10-year bonds at maturity.)

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3 years ago