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maks197457 [2]
2 years ago
9

T. Hillcrest Co. sold $500 of merchandise on a bank credit card with a 5% fee. The entry to record this sales transaction would

include debit(s) to:
Business
1 answer:
Rufina [12.5K]2 years ago
8 0

Answer:

Cash for $475 and Credit Card Expense for $25

Explanation:

Cash for $475 and Credit Card Expense for $25

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A corporation purchases 20 000 shares of its own $20 par common stock for $35 per share, recording it at cost. What will be the
vampirchik [111]

Answer:

D. Decrease by $700,000.

Explanation:

The computation of the effect on the total stockholder equity is as follows

Given that

Number of shares is 20,000

Per share $35 recorded at a cost

Own shares at par is $20

As we know that if we purchased our own stock so it would be called as a treasury stock and the same is to be deducted from the shareholder equity as it is a contra equity account that reduce the equity balance

Now the effect would be

= 20,000 shares × $35

= $700,000

Hence, it is decreased by $700,000

5 0
3 years ago
An appraiser prepared an appraisal report in April 2019. He testified in court regarding the value of the property in January 20
Salsk061 [2.6K]

Answer: April 2024

Explanation:

Based on the information given in the question, at a minimum, the appraiser must retain his workfile till April 2024.

It should be noted that appraisal records should be kept for at least a period of 5 years. In a situation whereby there is a report which is involved in the litigation, then such file must be maintained for a further two years. This is according to the Uniform Standards for Professional Appraisal Practice Record Keeping Rule.

7 0
2 years ago
At meetings of the quality team, Juan is nervous about suggesting ideas
SpyIntel [72]

Answer:

The correct option is;

D. Prepare by studying problems ahead of the meeting and listening carefully

Explanation:

Positive workplace behaviors in the meetings include preparation for the meeting to make the meeting productive for you and the other participants by ensuring;

1) Understanding the purpose of the meeting

2) Find out about the meeting agenda

3) To prepare for meetings

4) Make adequate preparation for the meeting

5) Know other attendees

6) Acquire and send out relevant information

It is important to study the problems ahead of the meeting and listen carefully to avoid being the one to ask others what the meeting was for when you join the meeting

Ensure the purpose for being at the meeting is clear and the meeting agenda is well known as well as what knowledge is expected and what is to be discussed.

6 0
3 years ago
Read 2 more answers
Indirect interview request includes of all of the following techniques except
nordsb [41]
Requesting an interview during a telephone call to the employer.

8 0
3 years ago
Maria plans to leave her estate to her brother, Juan. Juan has become Maria's
Kipish [7]
A is your answer hope this helps
5 0
2 years ago
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