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Luba_88 [7]
3 years ago
10

Mullis Company sold merchandise on account to a customer for $1,045, terms n/30. The journal entry to record this sale transacti

on would be: ________
Business
1 answer:
ki77a [65]3 years ago
7 0

Answer:

Debit Accounts Receivable $1,045 and credit Sales $1,045.

Explanation:

Date  Account Titles              Debit    Credit

          Accounts Receivable    $1,045

              Sales                                        $1,045

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Last year Wei Guan Inc. had $625 million in sales, and it had $270 million in fixed assets that were used at 65% of capacity. In
sweet-ann [11.9K]

Answer:

$336.54

Explanation:

Calculation for how much could Wei Guan's sales increase before it is required to increase its fixed assets?

Sales at 100% of capacity= $625/ 0.65

Sales at 100% of capacity= $961.54

Sales increase= $961.54 - $625

Sales increase= $336.54.

Therefore how much could Wei Guan's sales increase before it is required to increase its fixed assets is $336.54

4 0
3 years ago
The Skulls, a student social organization, has two different locations under consideration for constructing a new chapter house.
dangina [55]

Answer:

The Skulls

The location that Skulls should select is:

Alpha Avenue.

Explanation:

a) Data and Calculations:

Estimated number of persons living in this new chapter house = 30

                    Fixed       Variable                   Total Cost

Alpha Ave. $5,000       $200 per person     $11,000

Beta Blvd.  $8,000        $150 per person    $12,500

b) The location that Skulls should select must minimize the total cost.  The location which meets this criterion is Alpha Avenue, with a total cost of $11,000.  This is purely because of the number of persons living in the chapter house.  Assuming that this number would increase, then it may be considered economically better to choose the Beta Boulevard instead of the Alpha Avenue.

7 0
3 years ago
A bank has agreed to lend you $53,000 for a home loan. The loan will be fully amortized over 39 years at 13.50%, with .44 points
Natali [406]

Answer:

the actuarial rate is $599.44

Explanation:

The computation of the actuarial rate is given below:

= $53000 × 1.13% × (1+1.13%)^468) ÷ ((1 + 1.13%)^468 - 1)

= $599.44

The 1.13% comes from

= 13.50% ÷ 12

= 1.13%

And, the 468 comes from

= 39 × 12

= 468

Therefore the actuarial rate is $599.44

The same is to be relevant

8 0
3 years ago
Those who are working are defined as_____ (one word) and those who are not working but actively seeking work are defined as____
Nat2105 [25]

Those who're running are described as hired and people who aren't running however actively in search of paintings are described as unemployed.

The required details for Unemployment in given paragraph

Unemployment, in keeping with the OECD now no longer being in paid employment or self-employment however presently to be had for paintings all through the reference period. Unemployment is measured through the unemployment rate, that's the range of those who are unemployed as a percent of the hard work force (the overall range of humans hired introduced to the ones unemployed). Unemployment and the fame of the financial system may be stimulated through a rustic thru, for example, financial policy. Furthermore, the financial authority of a rustic, along with the relevant bank, can have an impact on the supply and price for cash thru its financial policy. In addition to theories of unemployment, some categorizations of unemployment are used for extra precisely modelling the consequences of unemployment within side the financial system. Some of the principle styles of unemployment include structural unemployment, frictional unemployment, cyclical unemployment, involuntary unemployment and classical unemployment.

Structural unemployment specializes in foundational troubles within side the financial system and inefficiencies inherent in hard work markets, which include a mismatch among the deliver and call for of people with important talent sets. Structural arguments emphasize reasons and answers associated to disruptive technologies and globalization.

To know about Unemployment click here

brainly.com/question/22741851

#SPJ4

8 0
1 year ago
How to find the average amount of something?
Novay_Z [31]
Add up all the numbers and divide it by the amount of numbers there are. For example, the average of 2, 4, and 1 would be 2+4+1= 6, then 6/3 because there are 3 numbers.
7 0
3 years ago
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