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
Ivahew [28]
3 years ago
13

Equipment costing $16000 is purchased by paying $4000 cash and signing a note payable for the remainder. The journal entry shoul

d include a:_______
a. credit to Cash.
b. credit to Equipment.
c. credit to Notes Receivable.
d. debit to Notes Payable.
Business
1 answer:
grigory [225]3 years ago
5 0

Answer:

c. credit to notes payable

Explanation:

Based on the information given we were told that the Equipment which cost the amount of $16000 was purchased by paying the amount of $4000 as cash which means that if the company sign a NOTE PAYABLE for the remainder. The journal entry should include a: CREDIT TO NOTES PAYABLE

You might be interested in
A manager is any person who oversees the work of other. Is it true or false ?​
Fofino [41]

Answer:

yes

Explanation:

5 0
4 years ago
Read 2 more answers
What are adjustable rates for life policy loans in florida based on?
cestrela7 [59]
The adjustable rates for life policy loans in Florida are based on Moody's Corporate Bond Index. These bonds have a maturity life of 30 years and are highly rated to earn more value and money as time progresses. The Moody Corporate Bond Index is also know as Moody's Seasoned Corporate Bond Yield.
8 0
4 years ago
You are considering the purchase of a new machine. Your analysis includes the evaluation of two machines which have differing in
EleoNora [17]

Answer and Explanation:

E.lowest equivalent annual cost

6 0
3 years ago
Gina was recently At Panther Lighting Fixtures, employees were asked how the quality of the company's customer service could bes
Elis [28]

Answer:

To little employee participation

Explanation:

This a system of organization where the management hardly involves the the general employees in strategy formulation and it has a negative effect on the growth pace of the organisation because it reduces communication between management and employees.

4 0
3 years ago
What are some ways you deal with stress at school or at home? How could you use those techniques in the workplace? PLZZZZZ!!!!
Gnoma [55]
1. Take a break when needed
2. Reward yourself when you are finshed
3. Spend time with friends and family when you have free time
4. Get 8 hours of sleep a night
5. Always eat breakfast and don’t skip any meals.
6. Meditate
7. Get up and stretch your legs if you have a desk job
8. Deep breathing
9. Play relaxing music
10. Reduce your caffeine intake is a big one


Hope this helps :D
4 0
3 years ago
Other questions:
  • Companies that have become successful with a limited standard product offering often fall into the trap of subsequently broadeni
    11·1 answer
  • Corporation began with retained earnings of million. Revenues during the year were ​million, and expenses totaled million. decla
    11·1 answer
  • Use a T-account analysis to determine the amount of cash paid to suppliers of merchandise during the reporting period if cost of
    6·1 answer
  • Most operating decisions of management focus on a narrow range of activity called the______________.
    15·1 answer
  • Ketchup is a complement (as well as a condiment) for hot dogs. If the price of hot dogs rises, the quantity of hot dogs demanded
    6·1 answer
  • Oriole Company has the following inventory data:
    13·1 answer
  • Tuscany Company estimated the following costs at the beginning of a particular year: Overhead $5,340,000 Direct labor cost $890,
    8·1 answer
  • John F. Kennedy belleved that a leader should be
    14·1 answer
  • Difference between luna and sol?​
    9·1 answer
  • 1.2 Assume that there are 600 customers in your target area. The average income per annum per customer amount to R12500. You est
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!