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stealth61 [152]
3 years ago
14

Adam’s Computer Shop had the following transactions last week. Record the general journal below.

Business
1 answer:
Setler [38]3 years ago
4 0

Answer:

Oct 1

Dr Supplies $620

Cr Accounts Payable $620

Oct 6

Dr Cash $350

Cr Fees Earned $350

Octd 7

Dr Equipment $2500

Cr Cash$900

Cr Accounts Payable $1400

Oct 9

Dr Accounts Payable $620

Cr Cash $620

Explanation:

Preparation of the journal entries

Oct 1

Dr Supplies $620

Cr Accounts Payable $620

Oct 6

Dr Cash $350

Cr Fees Earned $350

Octd 7

Dr Equipment $2500

Cr Cash$900

Cr Accounts Payable $1400

($2,500-$900)

Oct 9

Dr Accounts Payable $620

Cr Cash $620

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Which data representation system utilizes both letters and numbers? binary decimal hexadecimal octal
musickatia [10]

Answer:

The correct answer is letter "C": hexadecimal.

Explanation:

The hexadecimal numeral system is composed of ten digits from 0 to 9 and six letters from the English alphabet from A to F. Letter A is given the 10 value and F values 15. Though, the decimal system composed of numbers from 0 to 9 is the most used in calculations and the binary system (composed by 0 and 1) for programming.

6 0
2 years ago
Salvia Company recently purchased a truck. The price negotiated with the dealer was $42,500. Salvia also paid sales tax of $2,50
LenaWriter [7]

Answer:

$48,500

Explanation:

Price $42,500

Sales tax on the purchase $2,500

shipping and preparation costs $3,500

$42,500+$2,500+$3,500=$ 48,500

Therefore the truck should be recorded on the balance sheet prior to recording depreciation expense with $48,500

8 0
2 years ago
Read 2 more answers
Elaine takes out a $100,000 mortgage on December 1, 1997. Elaine will repay the mortgage over 20 years with level monthly paymen
Dmitrij [34]

Answer:

I prepared an amortization schedule using an excel spreadsheet. The original monthly payment was $836.44. After the 120th payment, the remaining principal balance was $68,940.64. Since she didn't pay anything for 1 year, the new principal balance will be $68,940.64 x (1 + 8%) = $74,455.89

I prepared another amortization schedule for the remaining 9 years, and the monthly payment is $969.32. She will pay off the loan in 108 months.

Download pdf
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8 0
3 years ago
An airline company must plan its fleet capacity and its long-term schedule of aircraft usage. For one flight segment, the averag
tresset_1 [31]

Answer:

112 customers per day

Explanation:

For computing the needed capacity requirement, first we have to find out the new utilization rate which is shown below:

Capacity cushion = 100% - average utilization rate

25% = 100% - average utilization rate  

So, the average utilization rate is 75%

Now the needed capacity requirement is

Utilization rate = Average output rate ÷ Maximum capacity × 100

75% = 84 ÷  Maximum capacity × 100

So, the maximum capacity is 112 customers per day

We simply applied the above formula to determine the needed capacity requirement

8 0
3 years ago
which what-if analysis tool is the best option for complex calculations requiring constrained optimization?
DiKsa [7]

The what-if analysis tool would be the most adequate choice for intricate calculations that need contrived optimization:

b). Scenario manager

  • 'What-if analysis tool' is described as the tools that are employed to alter the values present in the cells.
  • It is done to observe the effect of changing the values impact the results produced by the used formula.
  • The what-if analysis tools have been categorized into three distinct types:
  • a). Scenarios.
  • b). Goal Seek.
  • c). Data Tables.
  • As per the question, in order to opt for complex calculations, 'Scenarios' what-if analysis would be most adequate as they examine a number of variables and set of numbers/values that affect the outcome.

Thus, <u>option b</u> is the correct answer.

Learn more about 'what-if tool' here:

brainly.com/question/14830872

8 0
1 year ago
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