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pshichka [43]
3 years ago
13

Prepare an income statement for Jay Pembroke for the month of April 20xx using the account balances given below. Cash $13,561 Ac

counts Receivable 1,928 Office Supplies 4,504 Prepaid Insurance 1,186 Accounts Payable 315 Jay Pembroke, Capital 18,763 Jay Pembroke, Drawing 142 Service Fees 3,080 Rent Expense 837 Income Statement Prepare an income statement for Jay Pembroke for the month of April 20xx using the account balances.
Business
1 answer:
Luden [163]3 years ago
5 0
The answer will be well he had fees 3080 soo rjhdhshs
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Why do current and available balances sometimes show different amounts of money in the same account?.
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Answer: The available balance for your account may differ from the current balance because of pending transactions that have been presented against the account, but have not yet been processed.

Explanation:

6 0
2 years ago
The following table shows the assets and liabilities of the Chang family in 2007 and 2008.
Aleks [24]

Answer:

d

Liabilities are what someone owes and assets are what someone owns and is worth something. The house is an asset and the car loan is a liability. According to the numbers provided the assets have an increase of $6,000 with +10,000 from the house and -4,000 from the car. And liabilities had a decrease of $25,500 with a -$29,000 from mortgage and car loans and a +3,500 from the savings account and debt. So assets increase and liabilities decrease. 

5 0
3 years ago
The central bank of Albernia likes to use changes in the reserve requirement to manage the money supply. The commercial banks of
andreev551 [17]

Answer:

$10,000 million

Explanation:

The computation of  the change in the money supply is shown below:

At 10%

Required reserves= deposits × required reserve ratio

= $1000 million × 10%

= $100 million

Now

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New deposits= 1 ÷ required rate of return  x deposits

= 1 ÷ 10% × $1000 million  

= 10 x $1000

= $10,000 million

At 5%

As we know that

Required reserves= deposits × required reserve ratio

= $1000 million × 5%

= $50 million

Now

The total amount of money supply is

New deposits= 1 ÷ required rate of return  x deposits

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= 20 x $1000

= $20,000 million

Now change in supply is

= $20,000 million -$10,000 million

= $10,000 million

7 0
3 years ago
A ____________ gap between GDP and NDP indicates an increasing obsolescence/depreciation of capital goods..
Tatiana [17]

Answer:

Explanation:

GDP is gross domestic product and NDP is net domestic product.

GDP measures market value of total goods and services produced in a particular period of time.

NDP is net domestic product  . In its calculation,  we deduct the value of depreciation of capital goods produced from the value of GDP.

So

NDP = GDP - depreciation .

So growing gap between GDP and NDP reflects the increasing obsolescence of capital goods , which warrants replacement of capital goods .

OPTION A is correct.

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3 years ago
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Y_Kistochka [10]

Advertising is a paid form of communication, delivered through media from an identifiable source, about a service, product and Idea.

<h3>What is advertising as a form of communication?</h3>

A product or service's customers can be reached through advertising. According to the Advertising Association of the UK, advertisements are messages that are paid for by those who send them and are meant to inform or persuade individuals who receive them.

The advertising industry is made up of businesses that advertise, agencies that produce the ads, media that run the ads, and a large number of individuals who take the ads all the way to the consumer or recipient, including copy editors, visualizers, brand managers, researchers, creative minds, and designers.

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1 year ago
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