Shawn has $10 which is $3 more than twice as much as Peter has
p= Peter's money
10=2p +3
-3 -3
7=2p
3.50=p
so Peter has $3.50
hope this helps!!
Answer:
July 1
Trade Receivable - Waegelein Inc $15,300 (debit)
Revenue $15,300 (credit)
July 8
Revenue $3,500 (debit)
Trade Receivable - Waegelein Inc $3,500 (credit)
July 1 1
J1
Discount Allowed $236 (debit)
Trade Receivable - Waegelein Inc $236 (credit)
J2
Cash $11,564 (debit)
Trade Receivable - Waegelein Inc $11,564 (credit)
Explanation:
July 1
Recognise Revenue and Asset -Trade Receivable
July 8
De-recognise Revenue and de-recognise asset -Trade Receivable
July 1
Payment is within the range of discount period of 10 days
J1
Recognise Discount Allowed Expense and De-recognise the Asset -Trade Receivable
J2
Recognise the Cash on receipt of payment less discount allowed and de-recognise Asset -Trade Receivable
Answer:ok what do you mean
Explanation:
Answer:
what problem occurs when money is not of a uniform quality?
- People will hoard high-quality money and spend low-quality money. As a result, the money used in transactions will be of inferior quality.
One of Isaac Newton's most popular inventions are the coin edge grooves. Before people would file metal coins to gather gold or silver dust that they would later melt. By adding edge grooves to the coins, that was reduced. Before when people traded with non-uniform coins, good coins were actually more valuable because they were not filed yet. If you had to choose which coins to use, you would always prefer to use the filed coins of inferior quality.
unlike pennies and nickels, which cost more to produce than they are worth, paper money and quarters are:
Token money is any note (bill) or coin whose value is not related to the material of which they are made of. E.g. a $100 dollar bill is worth much more than a small piece of paper.
Registering, trafficking in, or using a domain name confusingly similar to, or dilutive of, a trademark or personal name.