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
tigry1 [53]
3 years ago
8

Thiss information relates to McCall Real Estate Agency.

Business
1 answer:
Oduvanchick [21]3 years ago
3 0

Let understand that "journal" means a <em>detailed account </em>used to records all the financial transactions of a business.

  • The journal have a debit and credit.

Here, a "general journal account" will be employed to contain the list of information from McCall Real Estate Agency.

                                Journal Entry

Date       Account titles                     Debit      Credit

Oct 01     Cash                                $33,380

                      Common Stock                         $33,380

Oct 02 No Entry                          $0

               No Entry                                                  $0

Oct 03     Furniture                         $4,060

                    Account Payable                          $4,060

Oct 06    Accounts receivable        $10,630

                     To Service revenue                     $10,630

Oct 10    Cash                                    $240

                     To Service revenue                      $240

Oct 27    Account Payable                $680

                     To Cash                                          $680

Oct 30 Salary expense                  $3,110

                     To Cash                                          $3,110

<em>See similar answer here</em>

<em>brainly.com/question/17585151</em>

You might be interested in
Global ceos desire ___________ even more than profit growth, stimulating innovation, customer loyalty, and finding qualified emp
jekas [21]

Answer:

excellence in execution.

Explanation:

The excellence of management execution is a key feature for analyzing a company's long-term position. A global CEO should be aware of the importance that organizational success comes not just from a factor or periodic statement of profitability, but from a set of factors, such as personnel, financial and quality management that align the strategy in a way. effectively determine the organizational position in the market and vis-à-vis competitors.

5 0
3 years ago
If the supply of a good increased, what would be the effect on the equilibrium price and quantity?
kakasveta [241]

Answer:

An increase in supply, all other things unchanged, will cause the equilibrium price to fall; quantity demanded will increase. A decrease in supply will cause the equilibrium price to rise; quantity demanded will decrease.

5 0
3 years ago
When British regulators were forced to suspend the license of a flu vaccine plant in Liverpool operated by the Chiron Corporatio
Jet001 [13]

Explanation:

The answer to this question is contained in the attachment. The graph has been used to explain the solution.

A. As license got suspended price rose to p1 as quantity fell from q to q1.

So quantity decreased and price rose.

B. The area market csps, D ands cs were consumer surpluses , after the decrease in amount of vaccines in the market, consumer surplus decreased to area cs, csps became part of producer surplus. Triangle d is the deadweight loss caused by fall in quantity.

Ps and d' are initial producer surplus. Producer surplus after decrease in vaccine can be seen in ps and csps. D' is the dead weight loss as price decreases.

4 0
2 years ago
A new machine comes with 200 free service hours over the first year. Additional time costs $150 per hour. What are the average a
pishuonlain [190]

Answer:

(a) 0; 0

(b) $150 per hour; $16.67 per hour

(c) (b) $150 per hour; $53.57 per hour

Explanation:

(a) Number of hours = 125

Marginal cost = 0 (since service is cost less upto 200 hours)

Average cost = 0

(b) Number of hours = 225

Marginal cost = $150 per hour

Total cost = $150 × (225 - 200)

                = $150 × 25

                = $3,750

Average cost = Total cost ÷ Number of hours

                       = $3,750 ÷ 225

                       = $16.67 per hour

(c) Number of hours = 325

Marginal cost = $150 per hour

Total cost = $150 × (325 - 200)

                = $150 × 125

                = $18,750

Average cost = Total cost ÷ Number of hours

                       = $18,750 ÷ 325

                       = $53.57 per hour

5 0
3 years ago
Business can handle risks through which of the following
lana [24]

Answer:

offering a wide range of products

Explanation:

5 0
3 years ago
Read 2 more answers
Other questions:
  • If the government imposes a price ceiling, then: the price offered by producers must be at or below the ceiling price. the marke
    9·1 answer
  • Tom produces baseball gloves and baseball bats. Steve also produces baseball gloves and baseball bats, but Tom is better at prod
    8·1 answer
  • AP MICROECONOMICS 1. GW Company produces and sells hats in a perfectly competitive market at a price of $2 per hat. Assume that
    6·1 answer
  • Porter’s five forces model assumes all of the following EXCEPT Select one: a. organizational decision makers are rational and co
    5·1 answer
  • John has finally gotten to the point where he can put away some money and start a rainy day fund. He wants to have access to his
    7·1 answer
  • Novak Inc. presented the following data. Net income $2,680,000 Preferred stock: 48,000 shares outstanding, $100 par, 8% cumulati
    7·1 answer
  • Austin, Texas has passed a local ordinance that provides all motor vehicles must provide at least three feet of clearance when p
    7·1 answer
  • Which of the following would most likely use a job order costing system? a.oil refinery b.company that manufactures chlorine for
    8·1 answer
  • A fund has a Beta of 1.25, Standard Deviation of 7%, and an expected return of 12%. If the risk free rate is 2%, calculate the T
    8·1 answer
  • On April 1, Gina mailed Oscar an offer to buy his home. Oscar received the offer on April 5. On April 6, Oscar deposited a prope
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!