Answer:Please refer to the explanation section
Explanation:
The questions is incomplete, the events that were experienced by the company during the two year are missing in the question. we will assume these events took place in order to illustrate through journal entries how transactions and events affect the account balances mentioned in the question.
1. Knoll Company issued 100 shares at a price of $5 per share.
2. Knoll Company purchased supplies costing $250 cash
3 Knoll Company Purchased inventory costing $ 600 cash
journal entries
Dr Bank 500
Cr Shareholders equity 500
Dr Supplies 250
Cr Bank 250
Dr Inventory 300
Cr Bank 300
Balances at the end of year 2
Cash Account = 500 + 500 - 250 - 300 = $450
Supplies = 500 + 250 = $750
Equity = 1000 + 500 = $1500
Good Afternoon,
YMCA is the place for signing up kids so that people will take care of them while your gone or even after school. Therefore, A is the answer :)
Hope I helped, and good luck studying :D
Thank you,
Darian D.
Answer:
B. monetary policy is not very effective
Explanation:
- The zero lower bound is similar; lower bounds and is macroeconomic problems and this occurs when the short terms nominal interest rate is an at the near top the liquidity trap and is issues of the paper currency by the government and effective guarantee zero of normal interest rates acting as an interest rate floor.
- The Zero interest rate is also referred to as the lower limit of the 0% for a short term rate beyond which monetary policy is not very effective.
Answer:
<u>Justin likely wins</u>
<u>Explanation:</u>
The term consideration as used in law simply refers to a promise (implied or expressed) made to another person to do something usually in return for a work done.
In this case, what Ima Nutt said could be legally viewed as a consideration since she <em>promised to give</em> Justin Case 50 shares of company shares. Justin likely wins since he sufficient amount of evidence to show that consideration was made.