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2 years ago

15

how can you journalise this a supplier account had been debited with a $200 sales invoice (which had been correctly recorded in

the sales account).

2 answers:

Elina [12.6K]2 years ago

5 0

Answer:

700

Explanation:

700

liraira [26]2 years ago

4 0

Answer:

66vbkjhhggbnnngfvhhggjh

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Exercise 177 Kirk Company issued a $3,500,000, 10%, 10-year mortgage note payable to finance the construction of a building at D

denis-greek [22]

Answer:

The annual installment payment consists of both interest payments and principal repayment.

The interest is based on the remaining balance which is $3,500,000 in this instance:

= 10% * 3,500,000

= $350,000

Principal repayment = 569,509 - 350,000

= $219,509

a.

Date Account Titles and Explanation Debit Credit

Dec, 31 2020 Cash $569,609

Mortgage Payment $569,609

Date Account Titles and Explanation Debit Credit

Dec, 31 2021 Interest Expense $350,000

Mortgage Payable $219,509

Cash $569,609

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3 years ago

What is the price of a share of common stock that has an expected dividend of $3.00, a tax rate of 30%, a required return of 15%

Semmy [17]

Answer:

Current price of the share common stock will be $30

So option (c) will be correct answer

Explanation:

We have given expected dividend $D_1=$3$

Required rate of return = 15 % = 0.15

Tax rate = 30 %

Growth rate = 5 %

Beta = 2

We have to find the price of the share

Price of the share is given by $p_0=\frac{D_1}{R_E-g}=\frac{3}{0.15-0.05}=$30$

So current price of the share stock will be equal to $30

So option (C) will be correct answer

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3 years ago

In the _____ form of e-commerce, firms want to develop buyer loyalty and repeat business but seldom develop a close working rela

Molodets [167]

Answer: business to consumer

Explanation:

E-commerce simply means buying of goods and services online through the internet. Since it's a digitalized world now, this is common.

In the business to consumer form of e-commerce, firms want to develop buyer loyalty and repeat business but seldom develop a close working relationship with individual buyers.

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3 years ago

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<u>Answer:</u> Option D

<u>Explanation:</u>

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Increased spending without saving also has the risk of increased debts and increases the stress. The savings is low for many people and for the purpose of spending money they borrow money. A person who has more debts it keeps him from building assets and investments.

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3 years ago

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PIT_PIT [208]

Answer:

In order to reduce taxable income and at the same time meet the customer's need for a large cash down payment, you should advice him to invest in stocks. The stock market generally yields high returns and since the customer is young, he can afford the risk. Also, and probably most important, capital stock gains are taxed at a much lower rate than interest income (vs investing in bonds).

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2 years ago