1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
amid [387]
3 years ago
8

Furniture purchase for cash in accounting equation​

Business
1 answer:
vichka [17]3 years ago
3 0

Answer:

<em>When he purchases Furniture.... cash will decrease and Furniture comes in.. so one asset decreases and another asset increases.. there will not be any affect in the liability side of accounting equation</em>

You might be interested in
In the past decade, the dollar value of world trade has ______.
Sergeeva-Olga [200]

Options for this question include:

a. Tripled

b. Remained the same

c. Doubled

d. Declined

___________________________________________________________

World trade has been on the rise in the past decade and as a result, the dollar value of world trade has c. Doubled.

Thanks to more integration, less restrictive government policy, a rise in population and standards of living, world trade has increase over the past couple of decades such that:

  • Trade in goods has risen from $10 trillion in 2005 to $18.8 trillion in 2019
  • Trade in services has risen from $2.5 trillion in 2005 to $6 trillion in 2019

When looking at the trade of goods, one can see that trade has almost doubled and in the case of services, close to triple.

We can therefore conclude that world trade has doubled in the past decade.

<em>Find out more at brainly.com/question/14276199.</em>

7 0
3 years ago
At 6.5 percent interest how long does it take to double your money to quadruple it
Oksi-84 [34.3K]

Your money will double in approximately 11 years and quadruple in approximately 22.

Use the Rule of 72 for doubling (72/interest rate= number of years to double) and the Rule of 144 to quadruple (144/interest rate= number of years to quadruple).

4 0
3 years ago
Read 2 more answers
Burns Corp. had the following items:
OLga [1]

Answer:

Option D is correct because the only item that relates to Income statement is Sales Revenue of $45000 and the remainder transactions net effect must go to Comprehensive Income statement.

Net effect = - $36k + $28k - $17k -$3.1k = $28.1 Loss

This net effect realized during the year in the Comprehensive Income statement because these transaction does not directly relate to core operation of the entity.

7 0
3 years ago
Which best explains why someone would be better qualified for a job in programming versus a job in information support?
qwelly [4]
The correct answer is: programmers need advanced knowledge in operating system. The skills in manipulating software and creating the necessary programs to facilitate the goals of the company is what's needed from a programmer more than someone who is in the information support department.
5 0
3 years ago
Read 2 more answers
One strength of the team leadership model is ______. a. its complexity b. its application to real-life organizations c. changes
nadezda [96]

Answer:

B. its application to real-life organizations

Explanation:

The answer to this is most likely B because the strength of the team leadership model is application to real-life organizations.

6 0
3 years ago
Other questions:
  • Which of the following is an internal accounting report?
    13·1 answer
  • Kijijo Auctions runs an online auction company. Its end-of-year financial statements indicate the following results. Total asset
    8·1 answer
  • Tudor Company acquired $500,000 of Carr Corporation bonds for $487,706.69 on January 1, 2019. The bonds carry an 11% stated inte
    12·1 answer
  • Suppose pizzas and burgers are substitutes. If the price of pizza increases, what happens in each market?
    12·1 answer
  • The short-run aggregate supply curve is most likely to shift to the right if _____. rev: 06_12_2018 Multiple Choice productivity
    15·1 answer
  • You work as an assistant coach on the university swim team and earn $13 per hour. One day, you decide to skip the hour-long prac
    10·1 answer
  • Which of these is an example of innovation?
    5·1 answer
  • The envelope method, notebook and pencil, and online
    8·1 answer
  • DASHER spent half as much as prancer did on holiday presents this year and cupid spent 3 times more than DASHER . If the total s
    14·1 answer
  • The year the volleyball was introduced​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!