T-bills are offered in what monetary increment? $1 $10 $100 $1000

Which is the most accurate definition of body language?

Masja [62]

Body Language is communicate by movement or position, particularly facial expressions, gestures and the relative positions of a speaker and listener.

6 0

3 years ago

Read 2 more answers

) ________ are likely a fixed cost of a firm. A) Wages paid to employees B) The payments for supplies C) Lease payments for offi

aev [14]

Answer:

C) Lease payments for office space

Explanation:

The fixed cost is the cost that remains fixed whether the production level changes or not

So as per the given choices, the option c would be selected i.e. lease payment made for office space as it would be independent with respect to the quantity generated also it would be paid even there is no production take place

Therefore the option c is correct

7 0

3 years ago

The entry to record the receipt of payment within the discount period on a sale of $1500 with terms of 2/9, n/30 will include a:

nikdorinn [45]

Answer:

B) credit to Accounts Receivable for $1500.

Explanation:

The journal entry to record the given transaction is as follows

Cash $1,470

Sales discounts $30 ($1,500 × 2%)

To Account receivable $1,500

(Being the receipts of payment is recorded)

While recording this transaction we debited the cash as it increased the assets plus the sales discount is also debited and at the same time we credited the account receivable as it decreased the asset

4 0

3 years ago

What are three common factors that make local economics different

Monica [59]

Local economics differ from national economics because locally different cities vary in population, the environment where they live and the location. Each of these factors change how items are produced and consumed and play into the national economic level. The population where you live helps determine the demand and supply of items in the area. The environment in which you live (natural disasters, resources, land type) determine the types of goods and services that are available and important in the area. The location in which you live helps determine the ease or difficulty of receiving items in the region you live in.

3 0

3 years ago

On January 1, the company purchased equipment that cost $10,000. The equipment is expected to be worth about (or has a salvage v

postnew [5]

Answer:

If the adjusting entry is recorded at the end of the year

$1,800 debited to Depreciation expense: Equipment

$1,800 credited to Accumulated Depreciation: Equipment

If the adjusting entry is recorded at the end of the month

$150 debited to Depreciation expense: Equipment

$150 credited to Accumulated Depreciation: Equipment

Explanation:

The adjusting entry related to the equipment is that of recording depreciation expense for the equipment. To record this entry, we need to compute the depreciation expense first. Annual depreciation expense can be computed using the following formula

Annual depreciation expense = (Cost - Residual value)/Useful life of the asset

Plugging the values into the above formula, we get

Annual depreciation expense = (10,000 - 1,000)/ 5 = 9,000/5 = 1,800

Now we debit Depreciation expense: Equipment by $1,800 and credit Accumulated Depreciation: Equipment by $1,800

However, if the adjusting entry is made on a monthly basis, we would need to divide the annual depreciation by 12

1,800/12 = $150

In this case, we would have to debit Depreciation expense: Equipment by $150 and credit Accumulated Depreciation: Equipment by $150

If the adjusting entry is recorded every two months during the year. The monthly depreciation expense would be multiplied by 2 to get the amounts that need to be debited and credited to the accounts mentioned above

7 0

3 years ago