The correct answer that would best complete the given statement above is the term CREDIT and DEBIT. So here is the complete answer. <span>Purchase return and allowances is a contra account, and its normal balance would be a credit and debit. Hope this answers your question.</span>
Answer and Explanation:
The journal entries are shown below"
On Aug 26
Cash Dr $768,000
To Common stock $640,000
To Additional paid in capital $128,000
(Being issuance of the common stock is recorded)
On Oct 1
Cash Dr $410,000
To preferred stock $410,000
(Being the issuance of the preferred stock is recorded)
On Nov 30
Cash Dr $187,000
To Common stock $170,000
To Additional paid in capital $17,000
(Being issuance of the common stock is recorded)
Answer:
market forces are much stronger than individual firms are
Explanation:
In a competitive market, firms are price takers. They do not set the price for their products. Prices are set by market forces.
One posture that places a person at risk for injuries from poor ergonomic practices is slumping, not sitting properly and placement of keyboard, mouse and not maintaining the recommended distance from screen.
Answer:
a) 39
b) 58
Explanation:
Data provided in the question:
Mean = $70
Standard deviation, s = $8
Number of households, n = 40
Now,
a) number of households whose monthly utility bills are between $54 and $86
z score for $54 = [ 54 - 70 ] ÷ 8 [ z score = [ X - mean ] ÷ s]
or
z score for $54 = -2
z score for $86 = [ 86 - 70 ] ÷ 8 [ z score = [ X - mean ] ÷ s]
or
z score for $54 = 2
Therefore,
P(between $54 and $86) = P(z = 2) - P(z = -2)
= 0.9772498 - 0.0227501
= 0.9544997
Therefore,
number of households whose monthly utility bills are between $54 and $86
= P(between $54 and $86) × n
= 0.9544997 × 40
= 38.18 ≈ 39
b) In a sample of 20 additional house i.e n' = 40 + 20 = 60
thus,
number of households whose monthly utility bills are between $54 and $86
= P(between $54 and $86) × n'
= 0.9544997 × 60
= 57.27 ≈ 58
