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
castortr0y [4]
2 years ago
14

Credit and debit

Business
2 answers:
MrRissso [65]2 years ago
6 0

Answer:

Motorcycle A/c Dr. 65,000

To Cash A/c 65,000

Motorcycle is asset

asset will be Dr. when increase

Cash is asset and

asset will be Cr. when decrease

buying motorcycle from cash,

Motorcycle coming cash going

Motorcycle → Debit

Cash → Credit

VLD [36.1K]2 years ago
5 0

Answer:

Motorcycle - Dr.(Debit)

Cash - Credit (Cr.)

You might be interested in
The market used to calculate the CPI is 3 units of pork and 4 unit of corn. In 2005, pork cost $20 per pound and corn cost $12 p
Ede4ka [16]

Answer:

<em>The answer will be 136.11 </em>

Explanation:

Because since the cost of the basket in 2005 is = (3x20) + (4 x 12) = 108; And the cost of basket in 2006 is = (3x25) + (4 x 18) = 147

To calculate the CPI,

  • <em>Put a sampling of product prices from a previous year. </em>
  • <em>Then, put the current prices of the same items together. </em>
  • <em>Divide the current total prices by the old prices and then subtract the sum by 100.</em>

The Consumer Price Index (CPI) for 2006 = <em>(147/108) x 100 = 136.11</em>

7 0
3 years ago
Jim's Widgets creates mechanical tools that are used in factories. Use the table and the drop-down menus to answer these questio
Vladimir79 [104]

Answer:

The profit when the company makes five widgets is $30

To maximize profit, the company should produce 6 widgets per day

The company's profit would decrease by $17 if the company made seven widgets

Explanation:

i took the quiz.

4 0
3 years ago
Sandhill Company had cash receipts from customers in 2020 of $117,140. Cash payments for operating expenses were $104,320. Sandh
andriy [413]

Answer:

(a) service revenue = $117,920

(b) operating expenses = $98,110

Explanation:

The computations are shown below:

a. For service revenue

= Cash receipts from customers + ending balance account receivable - beginning balance of accounts receivable

= $117,140 + $15,400 - $14,620

= $117,920

b. For operating expenses

= Cash payments for operating expenses + beginning balance of prepaid expense - ending balance of prepaid expense

= $104,320 + $20,400 - $26,610

= $98,110

3 0
3 years ago
Teddy Bower is an outdoor clothing and accessories chain that purchases a line of parkas at $12 each from its Asian supplier, Te
brilliants [131]

Answer:

a) 2179 parkas

b) 0.7389

c) 174 customers

d) 10,772

Explanation:

Given:

Bower's selling price =$22

Salvage value: $0

Cost price = $12

Mean distribution= 2300 parkas

S.d = 1100 parkas

a) Number of parkas Teddy Bower should buy from Teddysports to maximize profit:

Let's first calculate overage(Co) and underage (Cu) cost.

•Cu = Selling price - Cost price

= $22 - $12

= $10

Underage cost = $10

•Co = Cost price - Salvage value

= $12 - $0

= $12

Overage cost = $12

Let's now find the critical ratio with the formula:

\frac{C_u}{C_u+C_o}

= \frac{10}{12+10}

= 0.4545

From the Excel function NORMSINV, the corresponding z value is =

NORMSINV(0.4545)

z value = -0.11

For the number of parkas Teddy Brown should order, we have:

Quantity = Mean +(z*s.d)

= 2300+ (-0.11 * 1100)

= 2179 parkas

b) for z value corresponding to expected sales of 3000 parkas, we have:

z value = (expected demand -mean)/s.d

\frac{3000-2300}{1100}

= 0.64

From the Excel function NOEMSDIST, the corresponding probability =

NORMSDIST(0.64)

= 0.7389 = 73.89%

In stock probability = 0.7389

c) For L(0.64) using the standard normal loss function table, L(z) =

L (0.64) = 0.158

For expected lost sales, we have:

S.d * L(z)

= 1100* 0.158

= 173.8

= 174.

On average, there is expected to be a turn away of 174 customers due to shortage.

d)

Lets first calculate expected sales and left over inventory.

•Expected sales = Mean -expected lost sales

= 2,300 - 174

= 2,126

•Left over inventory expected=

Expected demand - Expected lost sales

= 3000 - 2126

= 874

For expected profit, we have:

(C_u* Expected lost sales)-(C_o* Expected leftover inventory)

=($10*2126)-($12*874)

= $10,772

Profit expected = $10,772

3 0
3 years ago
"Tariffs and other trade restrictions increase the domestic scarcity of products from abroad. Such policies benefit domestic pro
serg [7]

Answer: A

Explanation: Tariffs are imposed on foreign goods that are bought into a country. There are several reasons for the imposition of tariff such as revenue generation for the government, prevention of dumping, and protecting local industries.

When tariffs and other trade restrictions are placed on a product, it increases the domestic prices of such products. This is a blessing to domestic producers selling similar products because there will be an increase in demand for domestic products

4 0
3 years ago
Read 2 more answers
Other questions:
  • Tom oversees the logistics department for a holiday resort in Virginia. He has created a plan to bring in customers directly fro
    5·2 answers
  • Raul is a saver. He sets aside $200 per month during his career of 40 years to prepare for a comfortable retirement. He does not
    11·1 answer
  • Widget Inc. manufactures widgets. The company has the capacity to produce​ 100,000 widgets per​ year, but it currently produces
    8·1 answer
  • Natasha’s persuasive speech contained the following statement: When schools switch to a year-round schedule, students won’t have
    15·1 answer
  • Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion cost
    10·1 answer
  • Two factory plants are making tv panels. yesterday, plant a produced 12,000 panels. two percent of the panels from plant a and 5
    7·1 answer
  • You do not want to store your data locally on your hard disk. you would rather store it using an internet service. what is this
    13·1 answer
  • Product V72 sells for $20 per unit as is, but if enhanced it can be sold for $25 per unit. The enhancement process will cost $52
    9·1 answer
  • In this module, you learned about the risks or costs associated with financial goals. What are the risks or costs associated wit
    13·1 answer
  • During a recession, a number of workers have their hours reduced by their employers. All else the same, the unemployment rate wi
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!