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3 years ago

A restaurant is a workplace for someone whose career specialty is in

Business

2 answers:

mixer [17]3 years ago

3 0

Answer:

food

Explanation:

m_a_m_a [10]3 years ago

3 0

Answer: Food and Beverage Services

Explanation:

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Which savings account will earn you the most money?

vladimir1956 [14]

Answer:

one that earns simple interest daily

7 0

3 years ago

Pina Colada Corp. receives $180,000 when it issues a $180,000, 9%, mortgage note payable to finance the construction of a buildi

Luba_88 [7]

Answer and Explanation:

The Journal entry is shown below:-

Dec 2019 Cash Dr, $180,000

To Mortgage Payable $180,000

(Being mortgage loan taken is recorded)

Dec 2020 Interest expenses Dr,$16,200

Mortgage Payable Dr, $13,800

To Cash $30,000

(Being first installment payment is recorded)

Dec 2021 Interest expenses Dr,$14,742

Mortgage Payable Dr, $15,258

To Cash $30,000

(Being second installment payment is recorded)

Working note:-

For 2020 Interest expenses = $180,000 × 9%

= $16,200

Mortgage payable = $30,000 - $16,200

= $13,800

For 2021 Interest expenses = ($180,000 - $16,200) × 9%

= $14,742

Mortgage payable = $30,000 - $14,742

= $15,258

4 0

3 years ago

At the end of January, the company estimates that the remaining units of inventory are expected to sell in February for only $10

mylen [45]

Answer:

DR BAD DEBTS (EXPENSE) 1958.35

CR ACCOUNTS RECEIVABLE 1958.35

DR ACCRUED INCOME 13 600

CR INCOME TAXES 13 600

5 0

4 years ago

Read 2 more answers

Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Invento

Aleks04 [339]

Answer:

Sale - November 10

Cost of Sales

= 48 units × $99

= $4,752

Inventory Balance

=25 units × $99

=$2,475

Sale - November 15

Cost of Sales

=53 units × $105

= $5,565

Inventory Balance

40 units × $105 = $4,200

25 units × $99 = $ 2,475

Total = $6,675

Sale - November 24

Cost of Sales

= 13 units × $105

= $ 1,365

Inventory Balance

27 units × $105 = $ 2,835

25 units × $99 = $ 2,475

Total = $5,310

Explanation:

LIFO Inventory System sells the Recently Acquired Inventory First followed By Older Inventory Acquired.

3 0

3 years ago

In 2008, as a financial crisis began to unfold in the United States, the FDIC raised the limit on insured losses to bank depos

Dafna1 [17]

Answer:

The correct answer is option D.

Explanation:

In 2008, as a financial crisis began to unfold in the United States, the FDIC raised the limit on insured losses to bank depositors from $100,000 per account to $250,000 per account.

During the financial crisis, there was a sense of panic. The regulators were concerned that depositors would expect their banks to crash and would fear that they may lose their money. The regulators expect the depositors to pull money back from their banks. The money supply will get reduced further. This will further reduce the money with banks. This could lead to even healthy banks to fail.

Raising the insurance limit would reassure depositors that their money was safe in banks and prevent a bank panic. This will further help to stabilize the financial system.

4 0

3 years ago