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Burka [1]
3 years ago
6

In the first month of operations, the total of the debit entries to the cash account amounted to $900 and the total of the credi

t entries to the cash account amounted to $600. The cash account has a(n)
Business
1 answer:
Ksju [112]3 years ago
8 0

Answer:

$300 debit balance

Explanation:

In business debit entries mean that the money is being added to the account, while credit entries means that the money is owed and is therefore being deducted from the account. Therefore, in this scenario the cash account has a $300 debit balance. This is because the credit entries are being subtracted from the debit entries (assuming that the account had a $0 initial balance). If we do the math we are left with $300 of debit.

$900 - $600 = $300

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Daniel is due to receive the balance of his trust fund in 5​ years; as a result he has taken out​ a(n) ________ mortgage where h
disa [49]

Answer: Balloon payment mortgage

                         

Explanation: In simple words, balloon payment mortgage refers to the form of mortgage in which the borrower has to pay small amount of money over a particular item and at the time of maturity he has to pay a lump sum amount that is called the balloon payment of that mortgage.

These types of mortgages are usually used by business organisation who are expecting high profits on a project after a certain period of time. Thus, the correct answer is balloon payment mortgage.

6 0
3 years ago
In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $26,000 and ending
MaRussiya [10]

Answer:

$192,000

Explanation:

Using the weighted-average method the Costs to be accounted for will be:

Cost of ending work in process inventory$31,000

Add Cost of units transferred out $161,000

Total cost accounted for$192,000

Therefore using the Weighted average method the cost to be accounted for will be $192,000

3 0
3 years ago
Helena corporation declared a 2-for-1 stock split on 8,000 shares of $6 par value common stock. if the market price of the stock
Kryger [21]

In a 2 for 1 stock split, par value and market value will be 1/2 of what they were prior to the split and number of shares will be two times what it was.

So,

 

par value will be 6 x 0.5 = $ 3.00 

market value will be 25 x 0.5 = $ 12.50 

number of shares  8,000 x 2 will be 16,000 shares

3 0
3 years ago
Tools for a company’s survival include adaptability and flexibility. Bill Ford’s decision to willingly step down as CEO and admi
Katyanochek1 [597]

Answer: Reactive change

Explanation:

 The reactive change is one of the type of concept that is specifically implemented in an organization by essential changing made in the system without any delay.

 In this type of changes, the changes are made by the outside forces in an organization and with the helps of this change the companies basically interesting the various types of policies for the flexibility of the employees.

According to the given question, the Given example is best illustrating the reactive change concept as it is necessary for the employees of the company. Therefore, reactive change is the correct answer.  

7 0
3 years ago
which people represents shareholders within the corporate structure? A. Workers B. presidents C. department heads D. the board o
Ulleksa [173]
D the bored of directors
6 0
3 years ago
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