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sergeinik [125]
3 years ago
5

Jackson's Programming paid its June rent of $500 cash. Demonstrate how to use the accounting equation to record the transaction

by completing the following sentence.
Jackson would decrease _________ and increase ________ in the accounting equation.
Business
1 answer:
Ivan3 years ago
3 0

Answer:

Cash account; rent expense

Explanation:

The journal entry to record the rent expense for June month is shown below:              

Rent expense A/c Dr $500

       To Cash A/c $500

(Being the payment of rent for cash is recorded)

Since the rent is an expense which increases the expense account by $500 ad the cash is also paid which reduced the cash balance by $500 so the expense is increased and the cash is decreased

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Suppose that technological advancements stimulate $20 billion in additional investment spending. If the MPC = 0.6, how much will
Leya [2.2K]

Answer:

$50 billion

Explanation:

The net effect on aggregate demand of the additional investment spending will be derived by multiplying the increased spending by the Multiplier.

Multiplier = \frac{1}{1-MPC} = \frac{1}{MPS}

Where MPC is the marginal propensity to consumer, and

MPS, the marginal propensity to save.

Therefore the multiplier = \frac{1}{1-0.6} =\frac{1}{0.4} = 2.5

Accordingly, the increase in aggregate demand as a result of the increase in the investment

= 2.5 * $20 billion

= $50 billion

7 0
3 years ago
Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company’s products, a football helmet for the N
umka21 [38]

Answer:

1. Standard quantity of kilograms

  = 0.67 kg x 3,800

  = 2,546 kg

2. Standard material cost allowed to make 3,800 helmets

  = 0.67 x $7 x 3,800

  = $17,822

3. Material spending variance     $

   Standard material cost           17,822

   Less: Actual material cost      18,308

                                                    486(U)

4. Material price variance

   = (Standard price - Actual price) x Actual quantity purchased

   = ($7 - $6.599855804) x 2774 kg

   = $1,110(F)

   Actual price

   = Actual material cost

      Actual quantity purchased

   = $18,308

        2,774 kg

   = $6.599855804

   Material usage variance

   = (Standard quantity - Actual quantity used) x Standard price

   = (2,546 - 2,774) x $7

   = $1,596(U)

Explanation:

Material spending variance is the difference between standard material cost and actual material cost. Material price variance is the difference between standard price and actual price multiplied by actual quantity purchased. Material usage variance is the difference between standard quantity and actual quantity used multiplied by standard price. Actual price is actual material cost divided by actual quantity purchased. Standard quantity is calculated as standard quantity per unit multiplied by actual output.

6 0
3 years ago
HELP YALL PLEASE: A videogame company is losing market share because it falls to launch new product features in a timely manner.
kolezko [41]
Okay answer choices please haha
4 0
3 years ago
The total return on a stock is equal to the: Group of answer choices dividend divided by the sum of the dividend yield and capit
insens350 [35]

<u>C) </u><u>Dividend yield plus the dividend growth rate. </u>

<h3><u>What Is Capital Gains Yield (CGY)?</u></h3>

The increase in a security's price, like that of common stock, is referred to as a capital gains yield. The CGY for common stock holdings is calculated by <u>dividing the increase in stock price by the original cost of the investment.</u>

Since only the following elements are required, calculating capital gains yield is straightforward:

  • The security's initial purchase cost
  • The cost of the security right now
  • In spite of this, the idea excludes any income from the investment.

Learn more about the Capital Gains Yield (CGY) with the help of the given link:

brainly.com/question/15518026?referrer=searchResults

#SPJ4

3 0
2 years ago
Lists and arrays can be valuable tools for the programmer. 1. provide an example of a ‘list' and explain how it would be used as
Fynjy0 [20]
<span>#Get the user input for both MPG and Gallons
 MPG = float(input('How many miles have you driven?'))
  Gallons = float(input('How many gallons are in the tank?'))
 #Do the MPG divided by Gallons
  MPG_div_Gallons = MPG/Gallons
 print('Your cars MPG is ',MPG_div_Gallons,'.')
  #to hold the code I am using an input
 input('Press Enter to Exit')
   The arrays are "MPG", MPG_div_Gallons,and Gallons. It can be used to solve an average of mile per gallon has been emission in a certain amount of drive. (Code in Python)</span>
6 0
3 years ago
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