Answer:
The journal entries as well as the T-accounts for August transactions are found in the attached spreadsheet.
Step-by-step explanation:
Initially, the transactions were posted individually in the journal and ultimately the related ones were combined together in the T-accounts.
For instance, cash related transactions are posted in the cash T-account to ascertain the true cash position as at the end of the quarter.
Not entirely sure, but it seem the answer could be B.) It will not be spread out vertically across the entire coordinate plane because in step 5, Nancy selected an incorrect scale on the y-axis.
I did it on the calculator the answer was 0.1833333333333333 i do not know if this is correct if its incorrect then srry :(
The price difference/ the original price and times the whole equation by 100 (to get the percentage).
> ($50/$150) x 100 = 33% (rounded)
