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
Rzqust [24]
3 years ago
14

Use the following information to answer the next two questions: A company had the following transactions during September, the f

irst month of its operations: Issued 20,000 shares of common stock in exchange for $400,000. Purchased equipment for $200,000, using a $100,000 cash down payment and signing a note payable for the balance. Received $1,000 from a customer for services to be performed in November. Made a $30,000 payment on the note payable from the purchase of the land. Total monthly sales: Cash sales $50,000 Credit Sales (Acct. Receivable): $18,000 Purchased supplies on credit for $23,000. Collected $8,000 from customers on account. Paid $2,500 for September employee wages. Received a utility bill for $500 which will be paid next month. What is the balance in the Cash account at the end of September
Business
1 answer:
horsena [70]3 years ago
4 0

Answer: 326,500

I’m not 100% sure why,but I had the same question on an assignment and that was the answer.

You might be interested in
Many critics have argued that a sales or consumption tax should be eliminated because of its regressive nature. what is the basi
ivolga24 [154]
The basis for this argument is that consumption tax takes a larger percentage of income from low income earners than from high income earners. This is because consumption tax is uniformly applied to all people irrespective of their situation.<span />
5 0
3 years ago
Read 2 more answers
Teach for america works to solve which societal problem
aniked [119]
<span>Teach for america works to solve the problem of educational inequality. Teach for America’s network includes more than 10 00corps members teaching in 46 regions across the country. Teach for America corps members are as effective as- an in some cases more effective than- other teachers. They are funded by contritbutions from business, foundations, government ogranizations , and individuals in the regions where corps members teach.</span>
6 0
4 years ago
What two things do you consider when evaluating the time value of money? (13 points)
IgorLugansk [536]
The time value of money is the idea that an amount of money in the present is more valuable and is worth more than the amount of money in the future. Two things you'd need to consider when making this type of deal is putting yourself at risk of not getting the money and putting your trust into the person who owns you the money. You would need to consider that putting yourself in that position is your decision, no one elses. Ask yourself, "Can I trust this person?" or, "What if I don't get as much money as they promised?"

I hope this helps!
7 0
3 years ago
The marginal utility from the first three bananas consumed are: 19, 15, and 5 respectively. The marginal utility from the first
MaRussiya [10]

Answer:A pair of sandals.

Explanation:Its so obvious stating that the marginal utility derived from sandals is higher compared to the other two items. You maximize your utility by going for the item with highest satisfaction which is glaringly sandals.

You also maximize your utility by considering the item which is economica prudent to one needs or want.

6 0
3 years ago
Wember Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The
hodyreva [135]

Answer:

$3,515

Explanation:

The computation of the catering supplies is shown below:

= Catering supplies per month + per job cost  × expected number of jobs + per meal cost  × expected number of meals

= $350 + $89 × 21 jobs + $9 × 144 meals

= $350 + $1,869 + $1,296

= $3,515

Since the question is asking for planning budget so we considered the expected units in terms of jobs and meals

8 0
3 years ago
Other questions:
  • Briefly explain one of the parts of henry clay's proposed american system, a comprehensive plan to bring about economic improvem
    9·1 answer
  • Noa was paid a 25 percent commission for selling a used car. Percents Total 100% If she was paid $1,631.24, what was the selling
    6·2 answers
  • The first physical form or service description of a new product, still in rough form, having the same properties as a new produc
    14·2 answers
  • Cash flows during the first year of operations for the Harman-Kardon Consulting Company were as follows: Cash collected from cus
    10·1 answer
  • Whose goal follows most of the features of a SMART goal?
    6·1 answer
  • Suppose that the marginal cost of mining gold is constant at $300 per ounce and the demand schedule is as follows:
    10·1 answer
  • Halliford Corporation expects to have earnings this coming year of per share. Halliford plans to retain all of its earnings for
    14·1 answer
  • 1. Most financial crises in the United States have begun with A. a steep stock market decline. B. an increase in uncertainty res
    7·1 answer
  • What is the term used to describe a design created to represent a company or
    12·1 answer
  • Dorian owns a farm and sells potatoes to local restaurants and grocery stores. which phrase describes this information about dor
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!