Answer:
a. Utilities Expense 500
Cash 500
Explanation:
Given: Consulting immediately paid $500 cash for utilities.
As $500 cash been paid for utility expenses.
We know the golden rule of accounting transaction:
- Personal accounts: Debit the receiver, credit the giver.
- Impersonal real account: Debit what comes in, credit what goes out.
- Impersonal Nominal account: Debit all expenses and losses, credit all profit and gains.
Paid for utility expense of firm is not the personal account, however, it is impersonal account. In the given case, cash is going out of business.
Therefore, Debit all expense and losses and credit what goes out of business.
Journal Entry of the transaction:
Debit utility expenses account--- $500
Credit cash account--- $500
Answer:
B: Brainstorming a solution
Explanation:
Problem-Solving by Brainstorming
-ask questions
-write down ideas
-create graphic organizers
-use existing ideas to come up with new ones
Basically I don’t know the answer but it wants me to put something
Answer:
The average fixed cost is $2.4.
Explanation:
Vipsana's Gyros House sells gyros.
The cost of ingredients to make a gyro is $2.00.
Vipsana pays her employees $60 per day.
She also incurs a fixed cost of $120 per day.
The cost incurred on ingredients and workers is a variable cost.
The total fixed is thus $120.
The average fixed cost for 50 gyros
=
=
= $2.4
Had to look for the missing options and here is my answer.
Based on the given scenario above about Robert who did an internet search about TY Cobb, he is most likely using a SEARCH-RESULTS PAGE or the Search Engine Result Page (SERP). This is the first page that you will see when you enter something as a query. Hope this answers your question.