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denis23 [38]
2 years ago
13

4. The company receives money from customers. What are the elements involved in this transaction? Use the T-account rules to fin

d the right answer: *
- Cash, Asset, increases, Debited; and - Account receivable, Asset, increases, Debited
- Cash, Asset, increases, Debited; and - Account receivable, Asset, decreases, Credited
- Cash, Asset, increases, Debited; and - Account receivable, Asset, increases, Credited
No element

6. The company repays short time credit. What are the elements involved in this transaction? Use the T-account rules to find the right answer: *
- Cash, Asset, increases, Debited; and - Bank loan, Liability, increases, Credited
- Cash, Asset, decreases, Credited; and - Bank loan, Liability, decreases, Debited
- Cash, Asset, decreases, Debited; and - Bank loan, Liability, increases, Debited
- Cash, Asset, increases, Debited; and - Bank loan, Liability, increases, Debited

8. The company decides to allocate the profit to dividends. What are the elements involved in this transaction? Use the T-account rules to find the right answer: *

Profit, OE, decrease, Debited; and Dividends payable, Liability, increase, Credited

Cash, Asset, increases, Credited; and Profit, OE, increase, Credit
Profit, OE, decrease, Debited; and Dividends payable, Liability, decrease, Debited
Profit, OE, decrease, Debited; and Dividends payable, Liability, decrease, credited

10. The two main methods of bookkeeping and accounting are *

the cash method and the prudence method
the accrual method and the prudence method
the cash method and the accrual method
the cash method and the credit method
9. It pays dividends. What are the elements involved in this transaction? Use the T-account rules to find the right answer: *
9 puncte
Cash, Asset, decreases, Credited; and Dividends payable, OE, increases, Credited
Cash, Asset, decreases, Credited; and Dividends payable, Liability, decreases, Debited
Cash, Asset, increases, Credited; and Dividends payable, Liability, increases, Debited
Cash, Asset, increases, Credited; and Profit, OE, increases, Credited
2. The company performs services for 100 lei cash. What are the elements involved in this transaction? Use the T-account rules to find the right answer:
9 puncte
Cash, Asset, decreases, Debited; and Revenue, Owners' Equity, increases, Credited
Cash, Asset, increases, Credited; and Revenue, Owners' Equity, decreases, Credited
Cash, Asset, increases, Credited; and Revenue, Owners' Equity, increases, Debited
Cash, Asset, increases, Debited; and Revenue, Owners' Equity, increases, Credited
3. The company hired two employees. What are the elements involved in this transaction? Use the T-account rules to find the right answer: *
9 puncte
- Account payable, Liability, increases, Debited; and - Cas, Aset, increases, Credited
- Wadges expenses, Asset, increases, Credited; and - Cash, Asset, decreases, Credited
- Wadges expenses, Asset, increases, Credited; and - Account payable, Liability, increases, Credited
- No element
7. The company pays the insurance for next three days. What are the elements involved in this transaction? Use the T-account rules to find the right answer: *
9 puncte
- Cash, Asset, decrease, Credited; and - Prepaid insurance, Asset, increase, Credited
- Cash, Asset, decrease, Debited; and - Prepaid insurance, Asset, increase, Credited
- Cash, Asset, decrease, Credited; and - Prepaid insurance, Asset, increase, Debited
- Cash, Asset, increase, Credited; and - Prepaid insurance, Asset, decrease, Credited
5. The company pays salary. What are the elements involved in this transaction? Use the T-account rules to find the right answer: *
9 puncte
- Salary payable, Liability, decrease, Debited; and - Cash, Asset, decreases, Credited
- Wadges expenses, Asset, increases, Debited; and - Salary payable, Liability, increases, Debited
- Wadges expenses, Asset, increases, Debited; and - Salary payable, Liability, decreases, Debited
- Salary payable, Liability, decrease, Debited; and - Cash, Asset, decreases, Debited
2. The company purchases inventory on credit. What are the elements involved in this transaction? Use the T-account rules to find the right answer:
9 puncte
- Account receivable, Liability, increases, Debited; and - Inventory, asset, increases, Debited
- Account payable, Liability, increases, Credited; and - Inventory, asset, increases, Debited
- Account payable, Liability, increases, Debited; and - Inventory, asset, increases, Debited
- Account receivable, Asset, increases, Debited; and - Cash, Asset, increases, Credited
Business
1 answer:
Zepler [3.9K]2 years ago
7 0

Answer:

तेस्की आमा को पुतलीसडक ।।।।

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. A one-product firm estimates that its daily total cost function (in suitable units) is C (x) = x^3 - 6x^2 + 13x + 15 and its t
givi [52]

Answer:

Value of x maximising profit : x = 5

Explanation:

Cost : C(x) = x^3 - 6x^2 + 13x + 15 ; Revenue: R(x) = 28x

Profit : Revenue - Cost = R(x) - C(x)

28x - [x^3 - 6x^2 + 13x + 15]  = 28x - x^3 + 6x^2 - 13x - 15

= - x^3 +  6x^2 + 15x - 15

To find value of 'x' that maximises total profit , we differentiate total profit function with respect to x & find that x value.

dTP/dx = - 3x^2 + 12x + 15 = 0 ► 3x^2 - 12x - 15 = 0

3x^2 + 3x - 15x - 15 = 0  ► 3x (x +1) - 15 (x + 1) = 0 ► (x+1) (3x-15) = 0

x + 1 = 0 ∴ x = -1   [Rejected, production quantity cant be negative] ;

3x - 15 = 0 ∴ 3x = 15 ∴ x = 15/3 = 5

Double derivate : d^2TP/dx^2 = - 6x + 12

d^2TP/dx^2  i.e - 6x + 12  at x = 5 is -6(5) + 12 = - 30+ 12 = -8 which is negative. So profit function is maximum at x = 5

8 0
3 years ago
Which of the following are payments to ensure receiving the standard treatment that a business ought to receive from a foreign g
Romashka [77]

Answer:

Grease payments, Option A, are payments to ensure receiving the standard treatment that a business ought to receive from a foreign government, but might not due to the obstruction of a foreign official

Explanation:

Grease payment is like a bribe which is usually small in amount and is provided to a government official or to a businessman with the aim of expediting a business decision. It may also be used in case any shipment or any transaction needs to be expedited.  

Grease payments do not change the result of the foreign official's decision, under FCPA. If it changes the consequence, then it is considered a bribe. In that case, grease payments become illegal. It also depends on the amount given to the official and their frequency to decide if it is illegal.

7 0
3 years ago
Suppose the market wage for cashiers increases from $7 per hour to $9 per hour.As a result, Pat, who is a cashier, now works fiv
Anton [14]

Answer:

Income

Explanation:

Suppose the market wage for cashiers increases from $7 per hour to $9 per hour. As a result, Pat, who is a cashier, now works five more hours per week. On the other hand Chris, who is also a cashier, now works five fewer hours per week.Chris's behavior illustrates the <u>Income</u> effect of a wage increase.

As the income increases, few individual prefer to work fewer hours as now they are able to maintain target by working fewer than at previous wage rate. These people prefer leisure over higher income and want to settle down with limited income. These people  may have a backward bending individual labour supply curve – they may choose to work fewer hours when the wage rate rises.

8 0
3 years ago
Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that a
victus00 [196]

Answer:

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that P = ATC, P>ATC, MR =MC, or MR>MC at the optimal quantity.  Furthermore, the quantity the firm produces in long-run equilibrium is the efficient scale. True False

This indicates that there is a markup on marginal cost in the market for shirts. True False

Explanation:

In the long run, monopolistically-competitive entities produce at a level where marginal cost and marginal revenue are equal. This makes it impossible for individual companies to sell their products at prices above the average cost. This situation means that monopolistically-competitive companies will always earn zero economic profit in the long run.

3 0
3 years ago
By definition, imports are Group of answer choices people who work in foreign countries. limits placed on the quantity of goods
Naddik [55]

Answer:

goods produced abroad and sold domestically.

Explanation:

Exports are goods produced in the domestic economy and sold abroad.

Quotas limits placed on the quantity of goods leaving a country.

Countries trade goods for which they have comparative advantage and not absolute advantage.

I hope my answer helps you

5 0
3 years ago
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