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
erastova [34]
3 years ago
15

On December 31, the company provides consulting services and bills its customer $3,000 for these services.

Business
1 answer:
Gennadij [26K]3 years ago
6 0

Answer:

Debit Accounts receivable $3,000

Credit Consulting Revenue $3,000

Explanation:

Based on the information given if the company provides consulting services and bills its customer the amount of $3,000 for these services the appropriate journal entry On December 31 will be:

On December 31

Debit Accounts receivable $3,000

Credit Consulting Revenue $3,000

You might be interested in
Carlos has a small fashion company. He has been in business for a little over a year and the company looks like it is going to d
melisa1 [442]

Answer:

1.Venture capital firm

Explanation:

Since the given statements, it is clear that CARLOS is an emerging firm that is doing good and needs a little bit of support financially to keep up with the demand.

Venture capital funding will be the best option for the company Carlos

Because in venture capital funding the fund is for the companies that are in their early-stage, emerging or that has the potential for better growth

Carlos as we see, it has growth potential and it is emerging too.

An initial stock offering is only done by the stock market listed companies and in the given statement it is nowhere given that Carlos is a listed company in new york stock exchange or any other.

So the answer is option 1

8 0
3 years ago
When corn prices soared, hog farmers used less corn to feed their pigs. The hog farmers showed a decrease in their:
blsea [12.9K]
They bought less corn, so they showed a decrease in demand.
5 0
3 years ago
A ferryboat queuing lane holds 40 vehicles. If vehicles are processed (tolls collected) at a uniform rate of 5 veh/min and proce
Strike441 [17]

Answer:

Answer is given in the attachment.

Explanation:

Download pdf
5 0
3 years ago
Equipment loans are often tied to all of the following except:
vichka [17]
<span>The correct answer is C. Equipment loans are not usually tied to the redevelopment of the business real estate in any way. Equipment and real estate are two distinct classes of business assets. An equipment loan would, however, be tired to the equipment itself as the nature of the equipment would determine the amount of the loan. The equipment would also usually serve as collateral on the loan. The financial position of the borrow and the business's overall cash flow (but mainly its operating cash flow) would also be tied to the equipment loan in that these items would help the bank assess the risk of the loan and therefore determine the interest rate and terms of the loan.</span>
4 0
3 years ago
This cartoon can be read and enjoyed on several levels. Which statement best captures the economic message of
makvit [3.9K]

Answer:

The correct statement lies in option C.

Monopolies negatively affect consumers.

Explanation:

  • The statement that best captures the economic message of the cartoon is that monopolies negatively affect consumers.
  • When a specific enterprise or person is the only supplier in the market, it is called monopoly.
  • Monopoly can result to higher prices of the good, also known as price taker as there is no other enterprise which can supply the same good.
  • Here, Santa Claus is the monopoly as he is the only supplier of gifts in Christmas so he gets sloppy and result in low output in his work.
5 0
3 years ago
Other questions:
  • Julia, an economics professor, is giving a presentation on her research. what presentation delivery method should julia use if s
    7·2 answers
  • Jorge, a forklift truck operator for the retail chain Hanes Ridge, was injured when the forklift he was operating toppled over.
    15·1 answer
  • The premiums for which insurance decrease with persons age ??
    11·2 answers
  • Bryon operates a consulting business and he usually works alone. However, during the summer Bryon will sometimes hire undergradu
    13·1 answer
  • A company acquires another company for $3,000,000 in cash, $10,000,000 in stock, and the following contingent consideration: $1,
    10·1 answer
  • Exercise 6-1 The Effect of Changes in Activity on Net Operating Income [LO6-1]Whirly Corporation’s contribution format income st
    7·1 answer
  • Developing nations have formed international commodity agreements (ICAs) between leading producing and consuming nations of comm
    8·1 answer
  • What does Bertrand Russell understand as freedom and liberty? How does his understanding compare to mills?
    11·1 answer
  • Which knowledge area has been identified by architects, carpenters, and building inspectors as important in their work?
    13·1 answer
  • Proof-of-Blank______ is a requirement to define an expensive computer calculation, also called mining, that needs to be performe
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!