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hodyreva [135]
3 years ago
12

PART-I- Journalizing transactions, posting journal entries to T-accounts, and preparing a

Business
1 answer:
Ksenya-84 [330]3 years ago
4 0

Answer:

this is also my question

Explanation:

this is also my question

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The following transactions were completed by the company.
aleksandrvk [35]

Answer:

a.

Assets : Increase by $6,000

Liabilities : No effect

Equity : Increase by $6,000

b.

Assets : Increase by $4,500

Liabilities : No effect

Equity: Increase by $4,500

c.

Assets : Decrease $1,650

Liabilities : No effect

Equity : Decrease $1,650

d.

Assets : Increase $2,250, Decrease $2,250

Liabilities ; No effect

Equity: No effect

e.

Assets : Decrease $800

Liabilities : No effect

Equity : Decrease $800

Explanation:

a.

Recognize Revenue and Assets of Cash

b.

Recognize Revenue and Assets in Trade Receivable

c.

Recognize an expense and de-recognize the Assets of Cash

d.

Recognize Assets in Cash and de-recognize Assets in Accounts Receivables.

e.

Recognize an Expense and de-recognise the Assets in Cash

6 0
4 years ago
Choose the term that best matches the description given.
-Dominant- [34]

marketing strategy I believe

5 0
3 years ago
The Dominican Republic and Nicaragua both produce coffee and rum. The Dominican Republic can produce 20 thousand tons of coffee
Dafna11 [192]

Answer:

The answer should be un terms of the traded goods. In the case of the minimum price of rum, it is 0.5 barrels of rum per one ton of coffee. In the case of the maximum price of coffee, it is 6 tons of coffee per barrel of coffee.

Explanation:

These values come from the analysis of opportunity cost that both countries have at the moment of use the production capacity: if the Dominican Republic decides to produce rum, then it would give up on coffee. The same with Nicaragua, when it chooses to produce coffee, it gives up producing rum. The potential trade opportunities arise in the mix of prices where both countries can take benefit form the exchange of goods (obtaining more of one product than producing with its own capacity). This is called comparative advantages, and it is a theoretical justification of international trade.

7 0
3 years ago
he following information pertains to Benedict Company. Assume that all balance sheet amounts represent average balance figures.T
ra1l [238]

Answer:

b. 14.0%

Explanation:

NET INCOME  

Sales  $ 100.000

Net Income  $ 25.000

Preferred Stock  -$ 4.000

Net Income to Stockholders' equity—common $ 21.000   14%

Net Income to Stockholders         $ 21.000

                                                      ===========  =   14%

Stockholders' equity—common    $ 150,000

5 0
3 years ago
Getthere airlines currently charges $200$ dollars per ticket and sells $40{,}000$ tickets a week. for every $10$ dollars they in
Nataly_w [17]
Suppose GetThere Airlines increases their ticket price to $200+10n = 10(20+n)$ dollars. Then the number of tickets they sell is $40,000-1000n = 1000(40-n)$ .<span> Therefore, their total revenue is
</span>
$$10(20+n)\cdot 1000(40-n) = 10000(20+n)(40-n) = 10000(800+20n-n^2).$$

This is maximized when $n=-\left(\frac{20}{2\cdot(-1)}\right)=10$ .<span> Therefore, they should charge </span><span>$200+10\cdot 10 = \boxed{300}$</span><span> dollars per ticket.</span>
6 0
4 years ago
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