PLEASE HELP ME<br> My career is a traveling nurse

Southland farm sold ten september futures contracts on wheat. Southland farm will:______.

Oliga [24]

Southland farm sold ten September futures contracts on wheat. Southland farm will: both receive payment and deliver in September. Option A. This is further explained below.

<h3>What is the payment?</h3>

Generally, the act or process of making a monetary contribution to someone or something, or of receiving a monetary contribution.

In conclusion, Wheat futures contracts were sold by Southland Farm for 10 contracts in September. September will be a busy month for the Southland farm, with both payments and deliveries.

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8 0

2 years ago

Min invested $18,000 cash in the business. Paid $7,540 cash for monthly rent expense for May. Paid $4,600 cash for this year’s i

Olenka [21]

Answer:

$\left[\begin{array}{ccc}$Account&$DEBIT&$CREDIT\\$Cash&37,600&-\\$Prepaid insurance&4,600&\\$Office supplies&890&-\\$office equipment&12,900&\\$accouts payable&-&12,900\\$Capital Account&&18,000\\$drawins&3,370&\\$Sales revenue&&36,000\\$Rent expense&7,540&\\$Total&66,900&66,900\\\end{array}\right]$

Explanation:

We must do ledger for each accounts, most of them only got one transaction so we just post them directly.

For cash we must do it as there are several transaction:

CASH

<u>DEBIT CREDIT</u>

18,000

(7,540)

(4,600)

(890)

36,000

37,600

Assets and expenses goes into debit column

Liabilities, equity and revenues into credit column

7 0

3 years ago

The Frank Company has issued 10%, fully participating, cumulative preferred stock with a total par value of $300,000 and common

jeka57 [31]

Answer:

(D) $60,000 to preferred and $162,000 to common

Explanation:

Annual preference dividend = 10% * $300,000 = $30,000

Since dividends for the previous year were not paid, and the preference stock are cumulative, previous year dividend will need to be paid. ($30,000).

However, since no participating rule was defined, no additional dividend will be paid on preference stock.

Therefore, total payment on preference stock = current year dividend + previous year arrears = $30,000 + $30,000 = $60,000.

The balance will be paid on common stock

= $222,000 - $60,000 = $162,000

6 0

3 years ago

A component of legal writing that refers to and credits authoritative documents and legal sources is called a (1 point)

shusha [124]

The answer to your question is Citation

7 0

3 years ago

Since Tanya Martin retired, she has used income from her investment in the Alger Mid Cap growth fund to supplement her other ret

elena-s [515]

Answer:

She will receive $ 7,700.

Explanation:

It will receive $ 7,700, because it has taken 55% of its growth growth from its investment, which was $ 14,000 equals that amount. That is (14,000 x 0.55 = 7,700). Thus, by multiplying the value with the retracted percentage we will have $ 7,700.

4 0

3 years ago

PLEASE HELP ME My career is a traveling nurse