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viktelen [127]
3 years ago
9

Use T-accounts to record the transactions below, which occur on March 12, 2020, close the T-accounts, and construct a balance sh

eet to answer the question. 1. Purchase equipment for $50,000 in cash 2. Borrow $67,000 from a bank 3. Issue $80,000 in stock 4. Buy $16,000 worth of manufacturing supplies on credit 5. Pay $7,000 owed to a supplier What is the final amount in Total Equity?
Business
1 answer:
Bad White [126]3 years ago
4 0

Answer:

Stock Issue $80,000

Less : Purchase of equipment $50,000

Add: Borrowing from bank $67,000

Less: Manufacturing Supplies $16,000

Less: Payment to Supplier $7,000

Ending Balance $83,000

Explanation:

Total equity is the part of a business which is the main financing source. Liabilities are deducted from assets to derive equity of a business. Equity is the main source of financing for any business. Equity can be raised from various means, borrowing, stock issues, cash investments and other similar transactions.

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An airport parking lot charges $5.00 for the first two hours of parking and $0.75 for each additional half hour or part thereof.
VLD [36.1K]

Answer:

$14

Explanation:

Sam parks his car for 8 hours, the first two hours cost $5 and he would pay $0.75 for every half hour after the first two hours . That means he would pay $1.50 for every hour after the first two hours.

He spent 6 hours extra. The total amount that would be paid = $1.50 × 6 = $9

He would pay a total of $9 for the 6 hours extra he parked his car.

The cost of parking for the 8 hours is = $9 + $5 = $14

I hope my answer helps you

3 0
3 years ago
Read 2 more answers
Which type of private security personnel provides the given service?
Vinil7 [7]

Answer:

Private security guards provide security for people and facilities. They typically deal with issues related to trespassing, burglary, theft, or threats to their clients.

Explanation:

8 0
3 years ago
Employees, at their own initiative, can go to SocialText or Google Sites and set up a wiki, WordPress to start blogging, or subs
g100num [7]

Answer: Consumerization

Explanation:

Consumerization is the impact that consumer originated technologies will have on enterprises. Consumerization reflects how companies will be affected, and can take advantage of, latest technologies and models which improve in the consumer space,

In consumerization, new information technology emerge first in the consumer market and later spreads into firms and government organizations. .

3 0
3 years ago
When a company sponsors motor sports and other​ action-oriented events, it is utilizing the​ ________ mode of communication from
marta [7]
When a company sponsors motor sports and other​ action-oriented events, it is utilizing the <span>events and experiences</span> mode of communication from the marketing communication mix.

When a company is sponsoring an event they are marketing themselves by being part of the event.  They commonly have banners, tables, flyers and commercials that get their brand out by making it knowing they are sponsoring or going to be apart of an event. 
3 0
4 years ago
Katie dislikes almost everything about her job. the only reason she continues to work at mace auto body is the excellent benefit
irakobra [83]
Hi there!

Katie is driven by money, or her financial needs. 

Since she has no reason to work at her job if she doesn't like working there other than her salary, this means that she is driven by the amount of money she earns, not her passion or like. 

Hope this helps!
7 0
3 years ago
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