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LenaWriter [7]
2 years ago
5

Purchase goods from Krishna for RS.10000 journal​

Business
1 answer:
Brums [2.3K]2 years ago
5 0

Explanation:

Credit purchase : When goods are purchased on credit , cash does not go out , but supplier or creditor becomes the giver. Therefore , goods or purchases account is debited and supplier or creditor account is credited.

~See the attached picture !

Hope I helped !

Have a wonderful day / night !

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Kari has been saving money for college for the past four years; she thinks that she is close to her goal amount of $30,000 which
Rainbow [258]

Answer:

Kari has employed the method of anchoring bias

Explanation:

Anchoring Bias is a bias where the person anchors his/her thinking based on a reference or starting point. For example, if we enter a store and see a shirt of $1000 and then a shirt for $100 we will perceive the second shirt as cheaper since we anchor our judgment based on the first shirt price we saw.

8 0
2 years ago
Determine the future value if $5,000 is invested in each of the following situations: 7 percent for seven years
alukav5142 [94]
The answer is $8,030
Explanation:
Present Value (PV) = $5,000
Future Value(FV) = ?
Interest rate(r) = 7 percent
Number of years (N) = 7 years
The formula for future value is:
FV = PV(1+ r)^n
= $5,000(1+0.07)^7
$5,000(1.07)^7
$5,000 x 1.605781476
=$8,028.91
Approximately $8,030
Alternatively, we can use a Financial calculator:
N= 7; I/Y= 7, PV= -5,000 CPT FV= $8,028.91
Approximately $8,030
6 0
2 years ago
Which kind of norm is so deeply ingrained that the very thought of breaking it brings feelings of disgust or horror?
kari74 [83]
Cultural mores, are unwritten social expectations that are deeply ingrained into a culture
6 0
3 years ago
When ann taylor, a well-known retailer of sophisticated women's clothing, started losing sales to its own loft outlets that feat
Digiron [165]
It is known as cannibalization 
5 0
3 years ago
Acceleron is planning future expansion with a new facility in Indianapolis. The company will make the move when its real estate
alukav5142 [94]

Answer:

6.67   years

Explanation:

The number of years for the firm to reach the desired value of $1.2 million can determined using the  nper formula in excel as below:

=nper(rate,pmt,pv,-fv)

rate  is the interest rate earns by the fund at 10% per year

pmt is the addition to the fund in each year which is $50,000

pv is the current amount in the fund which is $400,000

fv is the desired value of $1.2 million

=nper(10%,50000,400000,-1200000)=  6.67  years

It would take  6.67   years for the sinking fund to reach the desired value of $1,200,000

7 0
3 years ago
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