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3 years ago

14

Sales made on account are recorded as ____ to the sales account.

1 answer:

LenKa [72]3 years ago

7 0

Answer:

I have a strong feeling it has to be credit

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NEED ANSWER ASAP

insens350 [35]

Answer:

a. Mr Smith's orange business because it's a small fraction of the economy

3 0

3 years ago

Why is it important to include industry terminology in a résumé? How can you find industry terminology?

xxTIMURxx [149]

<span>The industry terms which you are looking for will be considered keywords for your resume. One of the best ways to get noticed in the field is to include your resume on job search databases, where recruiters can search for individuals who may fill a position which they have open. In order for your resume to get noticed, it will need to come up in a search which is conducted by those recruiters on those sites. How will those recruiters find your resume? They will search for particular job and industry related terms which appear in any of the resumes. If your resume includes those terms, you will be sure to pop up in their results list.</span>

4 0

3 years ago

Read 2 more answers

The City of West Hutchison is constructing a new road, which it estimates will cost $7.2 million. The city will finance the road

Mice21 [21]

Answer:

1.

Budgetary fund balance reserved for encumbrances (DR) $7,200,000

Encumbrances-Capital Project (CR) $7,200,000

2.

Cash (DR) $1,200,000

Government Grant (CR) $1,200,000

3.

Cash (DR) $6,000,000

Bonds Payable (CR) $6,000,000

Explanation:

1. The Budgetary entry for encumbrance is given as follows :

Budgetary fund balance reserved for encumbrances (DR) $7,200,000

Encumbrances-Capital Project (CR) $7,200,000

2. The government grant received will be recorded as :

Cash (DR) $1,200,000

Government Grant (CR) $1,200,000

3. The Issuance of Bonds needs to be recorded in the journal ledger as :

Cash (DR) $6,000,000

Bonds Payable (CR) $6,000,000

6 0

3 years ago

Raymond Chandler wrote classic American detective stories. By always using certain roles for his characters and props that were

OleMash [197]

Answer:

Cultural formula

Explanation:

Cultural formula can be described as a situation there is tend to a consistent occurrence of certain roles and props in a series of media events.

Cultural formula can be employed in a novel through the use of certain roles for characters and props that go along with the genre.

Therefore, Chandler's novels followed a cultural formula.

8 0

3 years ago

You purchased an annual interest coupon bond one year ago that had six years remaining to maturity at that time. The coupon inte

Marat540 [252]

Answer:

The correct answer to the following question will be "8%".

Explanation:

The given values are:

Number of years of maturity = 5 years

Interest rate of coupon = 10%

= 10%×1000

= 100

Yield to maturity, YTM = 8%

As we know,

Price of Bond = PV of Coupons + PV of Per Value

On putting the values in the above formula, we get

⇒ = $\frac{100\times (1-(1+8 \ percent^{-5}))}{8 \ percent} +\frac{1000}{1+8 \ percent^{5}}$

⇒ = $1079.85$

After 1 years, we get

Price of Bond = PV of Coupons + PV of Per Value

On putting the values in the above formula, we get

⇒ = $\frac{100\times (1-(1+8 \ percent^{-4}))}{8 \ percent} +\frac{1000}{1+8 \ percent^{4}}$

⇒ = $1066.24$

Now,

The total return rate = $\frac{(1066.24-1079.85+100)}{1079.85}$

= $\frac{86.39}{1079.85}$

= $8 \ percent$

7 0

3 years ago