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marishachu [46]
3 years ago
7

A business purchases equipment by paying in cash and issuing a note payable of . Which of the following​ occurs? A. Cash is cred

ited for ​, Equipment is credited for ​, and Notes Payable is debited for . B. Cash is credited for ​, Equipment is debited for ​, and Notes Payable is credited for . C. Cash is debited for ​, Equipment is debited for ​, and Notes Payable is credited for . D. Cash is debited for ​, Equipment is credited for ​, and Notes Payable is debited for .
Business
1 answer:
kumpel [21]3 years ago
3 0

Answer: Cash is credited for, Equipment is debited for and Notes Payable is credited for.

Explanation:

Let's assume the business purchases equipment by paying $5000 in cash and then issued a note payable of $15000.

Then, the journal entry will be:

Debit Equipment $20000

Credit Cash ($20000 - $15000)=$5000

Credit Note payable $15000

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Answer:

E. Compensation

Explanation:

Compensation method is an effective technique in businesses to clarify problems and justify decisions between managers and employees. In the current scenario, Wynette is using the compensation method to clarify and justify her purchase decision. She is giving different reasons why she chose an expensive printer over others; this is a compensation method because it will help her to justify her decision.

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Assume that price level in the ABC Islands, a U.S. trading partner, increases signalling inflation in the economy. Using aggrega
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Answer:

The effects of inflation in the U.S. trading partner, will pass through the U.S. economy in the form of exports: since the U.S. imports goods from ABC islands, the higher prices in the ABC islands will make imports from there more expensive, contributing to a small raise in inflation in the overall U.S. economy.

However, exports from ABC Islands are likely to be a small component of U.S. Aggregate demand, so the effect in overall inflation is likely to be small.

Despite this, the fed can step in and raise interest rates by contracting the money supply. This is contractionary monetary policy, and it is used when inflation is rising. It lowers the value of the U.S. dollar in international markets, but it increases output price level.

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3 years ago
Which theoretical perspectives would view television and movies as a form of big business in which profits are more important th
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Conflict

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4 years ago
Which one of the following is NOT one of the benefits of self-regulation? Select one: a. Less expensive b. Practical and realist
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Answer:

Option E.

All 4 of the listed benefits are correct

Explanation:

Self-regulation in business is a practice whereby businesses come together to set standards and guidelines for themselves and any other new business that are coming into the industry.

All the options are correct when we are talking about the benefits of self-regulation

A. It is less expensive when businesses self regulate since they would set standards and prices that favour themselves rather than when those regulations are out in place by external bodies.

B. The guidelines set by the businesses are practical and realistic as they will only agree on what will work out well for themselves

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4 years ago
Davy's reduction in productivity after not receiving a raise demonstrates that there is low _____________ between performance an
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Answer:

The correct answer is B. Instrumentality, Valence.

Explanation:

Víctor Vroom's motivational model has been studied and improved over time by other authors such as Porter and Lawler.

The Vroom model is based on three assumptions:

  1. The forces within individuals and those present in their work situation combine to motivate and determine behavior.
  2. Individuals make conscious decisions about their behavior.
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