Answer and Explanation:
The journal entry to record the sales transaction is given below:
On April 10
Cash Dr $25,725
To Sales revenue $24,500
To Sales tax payable $1,225
(Being the sale is recorded)
Here cash is debited as it increased the assets and revenue & sales tax payable is credited as it increased the revenue & liabilities
5 days, but it depends on rules of where you are. It can be 10, or maybe even as high as 90.
Answer:
$35,000 (inflow)
Explanation:
Net investing cash flows is computed as follows;
Inflow:
Issued common stock $75,000
Sold equipment 40,000
Total $115,000
Less: outflow
Purchased land $60,000
Paid dividends 20,000
Total outflow $80,000
——————
Net investing cash flows $35,000
*positive cash flows (inflow is greater than outflow) will increase the amount cash of the company
*proceeds from the bank classified as financing activity
*paid employees and sold services to customers are fall under operating activities
During reconstruction, a major economic development in the south was the: spread of sharecropping.
Sharecropping was an agricultural initiative that was developed in Georgia and other parts of Southern American during reconstruction.
The idea behind sharecropping was that laborers who had no land could be given access to the lands owned by others for cultivation.
At the end of the farming season, they could be given a share of the profits realized from their work.
Learn more about sharecropping here:
brainly.com/question/881028
9 yards is 324 inches so they are equal.
