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Dennis_Churaev [7]
3 years ago
15

Loan taken accounting equation​

Business
1 answer:
Marrrta [24]3 years ago
8 0
Bank Account (Personal) – Debit the Receiver

Loan Account (Personal) – Credit the Giver

Assets = Capital + Liabilities
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Cranford Company completed and transferred out 2,700 units in May 2016. There were 300 units in the Work-in-Process Inventory on
Lynna [10]

Answer:

The cost of the work transferred-out during May is $18,630

Explanation:

For computing the cost of work transferred, first we have to compute the conversion cost per unit and material cost per unit

The conversion cost per uni = Conversion cost ÷ (transferred units + work in progress)

= $11,160 ÷ (2,700 + 300 × 30%)

= $11,160 ÷ (2,700 + 90)

= $11,160 ÷ 2,790

= $4 per unit

Now, material cost per unit = Material cost ÷ (transferred units + work in progress)

= $8,700 ÷ (2,700+300)

= $8700 ÷ 3,000

= $2.9 per unit

So, total cost of the work transferred is equals to

= Transferred units × conversion cost per unit + transferred units × material cost per unit

= 2,700 × $4 + 2,700 × $2.9

= $10,800 + $7,830

= $18,630

Hence, the cost of the work transferred-out during May is $18,630

6 0
3 years ago
What impact can good accountability mechanisms have on the admissibility of evidence in court cases? enables encryption of the e
ludmilkaskok [199]

Answer:

Option A, ENABLES ENCRYPTION OF THE EVIDENCE.

Explanation:

Admissible evidence, in a court of law, is any testimonial, documentary, or tangible evidence that is introduced to a judge or jury to prove a point (put forth by a party to the proceeding) or element in a case.

However, before an evidence can be used in a case, it must be considered admissible. And for an evidence to be admissible, it must be relevant and not excluded by rules of evidence (generally means it must not be prejudicial and must be reliable).

The government can be viewed as mechanism of accountability, particularly from a provider to a purchaser. Thus, a task for regulation is to set norms which would help make that accountability process fair and effective, this is referred to as the mechanism.

A good accountability mechanism is beneficial in the following ways:

* It has impact on admissibility of evidence in court cases.

* it allows nonrepudiation (it means sufficient evidence exists such that a user can not defend an action).

* It enables encryption of the evidence. Encryption means is the process of encoding a message or information in such a way that only authorized parties can access it and unauthorized parties cannot.

Therefore, option A best suits the question, the impact that a good accountability mechanism has on on the admissibility of evidence in court cases is that it ENABLES THE ENCRYPTION OF THE EVIDENCE.

7 0
3 years ago
Especially in terms of retail properties, which of the following attributes is considered the most likely to result in drastic v
weqwewe [10]

Answer:

C. Location attributes

Explanation:

According to my research on property value attributes, I can say that based on the information provided within the question the attribute that can drastically change a properties value is the Location Attribute. This is because Real Estate value depends mostly on it's location. For Example, if a house is in a good neighborhood it can be worth a lot more than a house in another location, but if that same neighborhood then becomes a drug trafficking/gang hotspot the price of that house drops drastically because no one wants to purchase it.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
True or False. Your employer is responsible to make contributions, on your behalf, to the Federal Insurance Contributions Act (F
slavikrds [6]

Answer:

True

Explanation:

Plz mark brainliest thxxx :) hope it helps

5 0
3 years ago
Read 2 more answers
2. Sally Medavoy will invest $8,000 a year for 3 years in a fund that will earn 10% annual interest. If the first payment into t
ipn [44]

Answer: $10,746

Explanation:

Using Compound interest formula

A= p(1+r/n) *nt

A= final amount =?

P= initial principal =$8, 000

r = interest rate = 0.1

n= nob of times interest applied(3)

t=nob of times period elapsed (3)

A = 8,000 (1+0.1/3) *9

A = 8000 (3+0.1/3) *9

A= 8000 (3.1/3) *9

A = 8000 (1.0333) *9

A = 8000 × 1.34327

A= $10,746

5 0
3 years ago
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