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Nikitich [7]
3 years ago
14

Jasper makes a $81,000, 90-day, 7% cash loan to Clayborn Co. Jasper's entry to record the transaction should be: Multiple Choice

Debit Notes Receivable for $81,000; credit Cash $81,000. Debit Accounts Receivable $81,000; credit Notes Receivable $81,000. Debit Cash $81,000; credit Notes Receivable for $81,000. Debit Notes Payable $81,000; credit Accounts Payable $81,000.
Business
1 answer:
Serhud [2]3 years ago
4 0

Answer: Debit Notes Receivable for $81,000; credit Cash $81,000

Explanation:

Note receivables are used to record promissory notes that is, when a party agrees to pay cash to another party before a particular date.

Since Jasper makes a $81,000, 90-day, 7% cash loan to Clayborn Co. Jasper's entry to record the transaction would be to Debit Notes Receivable for $81,000 and credit Cash $81,000.

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Answer:

The correct answer is letter "E": strategic plan.

Explanation:

The strategic plan of a company is a managerial tool that allows companies to establish what to do and the path that it has to walk to reach its set objectives considering the changes in demand of its surrounding environment. In such a way, it is a critical key for decision-making within any entity.  

<em>The strategic planning provides a real frame for managers and stakeholders so they can understand and evaluate the current situation of the company moreover when the firm is struggling or pursuing exploring new markets.</em>

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3 years ago
A well-written job description should:
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4 years ago
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6 0
3 years ago
A decrease in the supply of dollars on the foreign exchange market, all else equal, will result in:
Maurinko [17]

Answer:

a. appreciation of the U.S. dollar and depreciation of the foreign currency.

Explanation:

When the supply of us dollars fall, demand for US dollars would be greeter than the supply, the value of the US dollar would rise.

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8 0
3 years ago
The monopoly demand curve is _____________, while the perfectly competitive firm’s demand curve is _______________. This is beca
Amiraneli [1.4K]

Answer:

Downward sloping; horizontal line; demand; large number of competitors

Explanation:

A monopoly is a market structure where there is only a single firm in the market. This firm is a price maker. It can charge whatever price it wants, but the consumers will demand more at a lower price.  

That is why the demand curve of a monopoly is downward sloping and the same as the market demand curve.  

A perfectly competitive market refers to the market structure where there is a large number of buyers and sellers. These firms are price takers. They face a horizontal line demand curve. This is because of a large number of competitors producing homogenous products. So if a firm raises its prices the consumers will move to the firm at a lower price.  

The market demand curve though is downward sloping.

8 0
4 years ago
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