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musickatia [10]
2 years ago
7

When an item is purchased ,money is exchanged for the to.......

Business
2 answers:
kirill115 [55]2 years ago
7 0

Answer:

own the item.

Explanation:

Plz mark brainliest thanks

kaheart [24]2 years ago
4 0

Answer:

When an item is purchased ,money is exchanged for the to.......

Explanation:

When an item is purchased ,money is exchanged for the to.......

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On May 1, your firm had a beginning cash balance of $175. Your sales for April were $430 and your May sales were $480. During Ma
Juli2301 [7.4K]

Answer:

Begininig cash balance June 1 205

Explanation:

Sales April 430

Sales May 480

 

Begininig cash balance May 1 175

Cash expenses                        -110

Payments                               -290

Sales april                                 430

Begininig cash balance June 1 205

8 0
3 years ago
Read 2 more answers
Recording partner's original investment Instructions Kimberly Payne and Arionna Maples decide to form a partnership by combining
levacccp [35]

Answer and Explanation:

The Journal entry is shown below:-

Cash A/c Dr, $20,000  

Accounts Receivables A/c Dr, $140,000

($145,000 - $5,000)

Inventory A/c Dr, $101,700  

Equipment A/c Dr, $81,200.

     To Allowance for doubtful Accounts $4,400

     To Payne's Capital A/c $338,500

(Being assets contributed by partner in business is recorded)

For recording the assets contributed by partner in business we simply debited the cash account, accounts Receivables, Inventory and Equipment as increase the assets while we credited the Allowance for doubtful Accounts as it decreasing the assets and Payne's Capital as increasing the stockholder equity.

7 0
2 years ago
payment history and total debt, together, comprise of 65% of your score. why do you think it’s so high?
Otrada [13]

<u>Solution and Explanation:</u>

Most money related specialists characterize a terrible FICO rating as anything beneath a 600, however, every loan specialist has its own principles while checking on applications. The normal American has a FICO assessment of 687, which helps put the range into viewpoint.  

In the event that you have poor credit, you've presumably had a blend of negative things on your credit report, as missed installments, misconducts, or possibly a chapter 11 or dispossession. You can generally demand a free credit report to make sense of what precisely is keeping your score so low. Truth be told, we prescribe checking your credit report each year.  

Government law permits you access to a free duplicate of every one of your three reports like clockwork, so there's no explanation not to exploit this advantage.

6 0
3 years ago
Each of the following is a main source of web traffic EXCEPT:
GalinKa [24]

Answer:

I think radio networks

Explanation:

why because i never heard them talk about that stuff on the radio sorry if it was wrong

4 0
3 years ago
The ABC Corporation has purchased 50 pieces of a specially designed electronic component at $2,000 per unit. In the $2,000 selli
snow_lady [41]

Answer:

cumulative learning factor for 85% and 400 units = 127.6

cumulative learning factor for 90% and 400 units = 189.3

total labor costs for producing the next 350 units = labor cost for producing 400 units - labor cost for producing 50 units

85% learning curve:

total labor costs for producing 400 units = $1,000 x 127.6 = $127,600

total labor costs for producing 50 units = $1,000 x 50 = $50,000

total labor costs for producing the next 350 units = $127,600 - $50,000 = $77,600

labor cost per unit = $77,600 / 350 = $221.71

90% learning curve:

total labor costs for producing 400 units = $1,000 x 189.3 = $189,300

total labor costs for producing 50 units = $1,000 x 50 = $50,000

total labor costs for producing the next 350 units = $189,300 - $50,000 = $139,300

labor cost per unit = $139,300 / 350 = $398

6 0
2 years ago
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