Answer:
a.
Dr. Cash 15000
Dr. Law Library (Asset) 6000
Cr. Mary (Capital Account) 21000
b.
Dr. Office equipment 7500
Cr. Account Payable 7500
c.
Dr. Cash 1500
Cr. Income / Revenue 1500
d.
Dr. Account Payable 3500
Cr. Cash 3500
e.
Dr. Account Receivable 4000
Cr. Income / Revenue 4000
f.
Dr. Marry (Capital Account) 2000
Cr. Cash 2000
g.
Dr. Cash 2500
Cr. Account Receivable (e) 2500
h.
Dr. Salary Expense 2500
Cr. Cash 2500
Explanation:
*Trial Balance and T accounts are made in an MS Excel file which is attached please find.
Answer:
$13.34
Explanation:
For computing the today price, first we have to determine the present value of equity which is shown below:
The Present value of equity = Spending amount on dividends and repurchases ÷ equity cost of capital
= $9.4 million ÷ 13.3%
= $70,676,691
Now the share price equals to
= Present value of equity ÷ outstanding shares
= $70,676,691 ÷ 5.3 million shares
= $13.34
I believe the answer is: B. <span>businesses making the same product agree to limit production.
In a monopoly, only one single business exist that control the production of a certain goods in the market.
For cartel, there are a lot of established businesses with different ownership, but they agreed to control their production in order to maintain the price level in the market.
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</span>
The correct answer to the question above is:
D. Quantitative
<span>Quantitative research approach is used in this
scenario because the participants are asked to choose among the most functional
mobile phone and compare them with other options. The data gathered from
participants are then analyzed to make a substantial result. </span>
Answer: -$500
Explanation:
The required return is the proportion of deposits that banks are supposed to keep with the central bank and in this case it is 10%.
The required reserves from the $5,000 is;
= 10% * 5,000
= $500
If the $5,000 is withdrawn from Bank A, the required reserves will decrease by $500.
