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9966 [12]
3 years ago
9

When a business owner purchases a new truck on credit for his business,what impact does this purchase have on his owner's equity

?
A. The impact depends on the situation.
B. It has no impact on equity.
C. It increases equity.
D. It decreases equity.
Business
2 answers:
Tanzania [10]3 years ago
6 0

Answer: It had no impact on equity.

Explanation:

-Dominant- [34]3 years ago
5 0

Answer:

Assets = Liabilities + Owner's Equity. Answers will vary and should include a combination of revenues/gains (increases), expenses/losses (decreases)

Explanation: plz mark brainly

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Peter, the owner of Happy Burger, is involved in the company's daily decisions and has established procedures for every task. Th
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mechanistic

Explanation:

Mechanistic organization is the organization that is hierarchical and bureaucratic

It is characterized by its;

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Then on July 20, Cajon Co. returns the merchandise of 1000, so the pending cash decreases and now it is only 5000.

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3 years ago
Ramona Company has the following labor-related data.Standard labor hours for output: 15,000 hoursStandard labor rate: $10 per ho
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Answer:

E. $25,000 unfavorable

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The labor efficiency variance shall be calculated using the following formulas:

Labor efficiency variance=((Standard labor hours used to make the actual production )- (Actual labor hours used to make the actual production))* standard rate per hour

Standard labor hours used to make the actual production=15,000

Actual labor hours used to make the actual production=17,500

standard rate per hour=$10 per hour

Labour efficiency variance=(15,000-17,500)*10

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So based on the above discussion, the answer shall be E. $25,000 unfavorable

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A tariff on imported cars

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