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
nata0808 [166]
3 years ago
5

Classifying assets liabilities and owners equity

Business
1 answer:
Veseljchak [2.6K]3 years ago
5 0
Assets - cash, prepaid insurance, supplies, anything owned

Liability - steward supply company, any amount owed,

Owners equity - Alice Jones, owners capital account
You might be interested in
Evaluating an advertising campaign is the simplest part of the advertising process because the factors that determine the effect
strojnjashka [21]

It is false that evaluating an advertising campaign is the simplest part of the advertising process because the factors that determine the effectiveness of an ad are limited and clear.

Answer: Option B

<u>Explanation:</u>

To make a product famous that has been manufactured by a company, to make it reach to the consumers and to make them know about it, advertising is one of the most important elements. It focuses on the features, quality, prices etc of the product.

While evaluating the campaign of the advertisement, there are a lot many factors that are to be kept in mind by the company so that the consumers can know about the product.

8 0
4 years ago
During January 2016, Wells Corporation purchased $200,000 of inventory; they paid one-fourth in cash, and signed a note for the
ivanzaharov [21]

Answer:

Inventory                        $200,000    

Cash                                                      $50,000

Notes payable                                      $150,000

Explanation:

Data provided in the question:

Cost of the inventory purchased = $200,000

Amount paid in cash =  one-fourth

= one-fourth of $200,000

= $50,000

For the remaining balance signed a note i.e = $200,000 - $50,000

= $150,000

Now,

This transaction will be recorded as:

Inventory                        $200,000    

Cash                                                      $50,000

Notes payable                                      $150,000

3 0
4 years ago
Assume that in a traditional costing system that all the indirect costs are allocated based on direct materials. Calculate the d
Afina-wow [57]

Answer:

The question is missing the direct and indirect costs, however I will let you know how to calculate.

The costs will be given total for material, labor and overheads, along with this data a ratio in the form of a percentage will also be given for example material used in preparation of fresh bakery goods.

The amount of material will be multiplied by the percentage of material used in preparation of fresh bakery goods, the result amount will be the cost incurred for material used for the preparation of fresh bakery goods.

Explanation:

The question is missing the direct and indirect costs, however I will let you know how to calculate.

The costs will be given total for material, labor and overheads, along with this data a ratio in the form of a percentage will also be given for example material used in preparation of fresh bakery goods.

The amount of material will be multiplied by the percentage of material used in preparation of fresh bakery goods, the result amount will be the cost incurred for material used for the preparation of fresh bakery goods.

Follow this for all the cost heads provided.

6 0
3 years ago
Which two international organizations most help developing countries?
madreJ [45]

Answer,

World Bank and International Monetary Fund.

Explanation,

World Bank is an organization with 186 member countries.It provides monetary and technical support to developing countries.International Monetary Fund has 186 member countries .Its purpose is to promote financial responsibility,prevent and solve economic crises ,encourage growth.It halso helps to eradicate poverty by encouraging countries to adopt responsible economic policies.It lends money to developing countries and provide training such as banking regulations.

7 0
4 years ago
A real estate agent earned ​$4800commission on a property sale of ​$240 comma 000.What is her rate of​ commission?
dsp73

Answer:

Her rate of commission is 2 percent

Explanation:

Commission=  $4800

Sale of property = $240,000

Rate of​ commission =  (Commission/ Sale Of Property )* 100

Rate of​ commission= $ 4800/ $ 240,000 * 100

Rate of​ commission= 0.02 * 100

Rate of​ commission= 2%

The above solution can be checked by putting in the values of percent and commission

(Check)

2% of $ 240,000

= (2/100) * $ 240,000

= 2* $2400

= $ 4800

Thus 2 percent of $ 240,00 is equal to $ 4800

3 0
4 years ago
Other questions:
  • Exercise 11-13A Recording and reporting treasury stock transactions LO 11-5 The following information pertains to JAE Corp. at J
    10·2 answers
  • P&amp;g hired counselors to educate and ultimately sell tampons to women. in doing so, what kind of communications strategy was
    9·1 answer
  • When an offender wrongfully obtains and uses another person’s personal information for purposes of fraud and deception, they are
    15·1 answer
  • Cash receipts A firm has actual sales of $ 60 comma 000 in April and $ 64 comma 000 in May. It expects sales of $ 75 comma 000 i
    15·1 answer
  • When a consumer is being engaged with an immersive multimedia​ experience, the consumer is enjoying the​ _________ feature of​ e
    6·1 answer
  • The total value (debt plus equity) of Wilson Dover Inc. is $500 million and the face value of its 1-year coupon debt is $200 mil
    6·1 answer
  • Magnolia Industries combines all manufacturing overhead into a single cost pool and allocates this overhead to products by using
    12·1 answer
  • Which of the following statements is TRUE? A. The longer you use credit responsibly, the higher your credit score will be. B. Pe
    9·2 answers
  • Dubai Corporation is looking to purchase a building costing $830,000 by paying $265,000 cash on the purchase date, and agreeing
    10·1 answer
  • Ivanhoe Company purchased merchandise inventory with an invoice price of $10200 and credit terms of 2/10, n/30. What is the net
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!