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podryga [215]
2 years ago
14

Joanna and her husband went to have dinner at their favorite restaurant- the Big Bite. They ordered the food, enjoyed the food,

and then paid the check. Who was the debtor and who was the creditor?
Business
1 answer:
In-s [12.5K]2 years ago
6 0

Answer:

Debtor: Joanna and her husband; Creditor: Resturant

Explanation:

Hope this helps

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Senator dogood is pushing for the construction of a new military base in his state even though, from the standpoint of national
Katarina [22]
This is a classic example of what is termed "Pork"  or "Pork barrel politics".  Pork is when a legislator tries to divert federal funds to projects in their districts or State.  These funds provide jobs and income for his constituents who the will repay him with votes in the next election.
5 0
3 years ago
In a $1031 like-kind exchange, Rafael exchanges a business building that originally cost $346,800. On the date of the exchange,
Andreyy89

Answer:

A. $52,020

B. $0

C. $208,080

Explanation:

a. Computation of Rafael's realized gain on the exchange

Using this formula

Realized gain=Fair market value -Adjusted basis

Let plug in the formula

Realized gain= $190,740-$138,720

Realized gain=$52,020

Therefore a. Rafael's realized gain on the exchange is $52,020

b. Based on the information given Rafael's recognized $1031 gain is $0 reason been that

NO BOOT WAS RECEIVED

c. Computation for Rafael's $1245 depreciation recapture Amount

Using this formula

Depreciation recapture Amount=Equipment originally cost -Adjusted basis

Let plug in the formula

Depreciation recapture=$346,800-$138,720

Depreciation recapture=$208,080

Therefore Rafael's $1245 depreciation recapture of $208,080 is carried over to the replacement property

4 0
3 years ago
The Talbot Company uses electrical assemblies to produce an array of small appliances. One of its high cost / high volume assemb
Pani-rosa [81]

Answer:

160

Explanation:

Reorder point is the inventory level at which new order are placed to prevent a down time due to stock out and and holding cost are also at the minimal level .

<u>Workings</u>

Annual demand = 8000

Ordering cost = $50

Holding cost = $20

Operating days = 250

Lead time =5 days

Re order point = Average daily usage * Average lead time

Average daily usage = 8000/250 = 32

Reorder point = 32*5 =160

3 0
3 years ago
utilizing the models of marketing communication-- tactic used in the one-to-one model which is a more personal level of marketin
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Direct marketing tactic.

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6 0
3 years ago
Read 2 more answers
Hansel and Gretel decide to organize a partnership. Hansel invests $15,000 cash, and Gretel contributes
Dahasolnce [82]

Answer:

c. Cash....................................................................................... 12,000

Equipment .................................................................... 6,000

Gretel, Capital .......

Explanation:

The journal entry is as follows;

Cash Dr $12,000

Equipment Dr $6,000

      To Gretel capital $18,000

(Being the investment done by gretel is recorded)

Here the cash  and equipment is debited as it increased the assets while on the other hand the capital account is credited as it also increased the shareholder equity

Therefore the option c is correct

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3 years ago
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