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3 years ago

What will be the credit and debit

Business

1 answer:

juin [17]3 years ago

3 0

A credit card is money the bank lets you borrow A debit card is money you already have

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Desiree is reluctant to take a promotion because it involves moving. She knows little about the area she would be living in. Acc

KonstantinChe [14]

Answer:

A. uncertainty

Explanation:

Based on the scenario being described within the question it can be said that the most likely reason for such employee resistance to change is uncertainty. This basically revolves around not knowing what is going to happen or the information regarding some sort of change. Such as not knowing the details of the area in which Desiree will have to move to if she were to accept her new promotion.

8 0

3 years ago

Read 2 more answers

50 red and 50 black balls in a box when you randomly pick two balls without replacement

LUCKY_DIMON [66]

2/100
=1/50
.........

7 0

3 years ago

On January 1, 2017, the merchandise inventory of Glaus, Inc. was $1,600,000. During 2017 Glaus purchased $3,200,000 of merchandi

valentinak56 [21]

Answer: $1,800,000

Explanation:

The merchandise inventory of Glaus at December 31, 2017 will be:

Begining Inventory = $1,600,000

Add: Purchases = $3,200,000

Less: Cost of goods sold = $4,000,000

Add: Gross profit = 25% × $4,000,000 = $1,000,000

Ending Inventory = $1,800,000

The answer is $1,800,000.

8 0

2 years ago

Wilma, Betty, and Fred are partners who share income and losses in a 5:3:2 ratio. Wilma decides to retire from the partnership w

Hoochie [10]

Answer:

<u>debited</u>

Explanation:

Partnership refers to a mutual agreement wherein two or more individuals agree carry out a business and to share profits and losses in a specified ratio or as per the clauses of the partnership deed.

When partners retire, the balances standing to the credit of their capital accounts needs to be settled or paid off.

As per the given information, Wilma is paid $45000 in cash. The journal entry in this case would be:

Wilma's Capital A/C Dr. $45000

To Cash A/C $45000

For the remaining balance, Wilma shall be paid in cash as follows,

Wilma's Capital A/C Dr. $5000

To Cash A/c $5000

(Being settlement of a retiring partner's capital account being recorded)

3 0

3 years ago

The BRS Corporation makes collections on sales according to the following schedule: 45% in month of sale 50% in month following

swat32

Answer:

$174,500.

Explanation:

Budgeted sale in June would made up of the collections:

Month of sale collection

45% × June = 45% × 170,000 = 76500

Month following sale

50% × May sales = 50% × 180,000 = 90000

Second month following sales

= 5% × April sales = 5% × 160,000 = 8000

Budgeted cash collection for June

= 76,500 +90,000 +8,000

= $174,500.

3 0

3 years ago