Business, 28.01.2020 07:31 kadams3836
Below are various transactions that a local corporation had occur during the month. for each transaction, indicate the transaction's effect on the company's accounting equation by selecting either increase, decrease, or no effect for each area of the accounting equation. do not leave any of the fields below blank. note: if the transaction were to cause an increase and decrease to the same area of the accounting equation, "no effect" should be chosen as the overall effect to that area. a. received $50,000 in cash from the sale of its common stock to stockholders. b. borrowed $20,000 from the local bank by signing a note promising to pay back the $20,000 loan plus interest in two years. c. paid $8,000 for the purchase of equipment. d. provided services to customers for $5,000 on account. e. received $5,000 from the customers in "d" above. f. paid $1,200 for one year's worth of insurance in advance. g. paid $800 to employees for salaries. h. purchased supplies costing $1,400 on account.
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Business, 21.06.2019 20:30
marketing strategies should be established before marketing objectives are decided. t/f
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Business, 22.06.2019 07:20
Suppose that real interest rates increase across europe. this development will u.s. net capital outflow at all u.s. real interest rates. this causes the loanable funds to because net capital outflow is a component of that curve.
Answers: 1
Business, 22.06.2019 11:20
Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:
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Business, 22.06.2019 11:30
4. chef a says that broth should be brought to a boil. chef b says that broth should be kept at an even, gentle simmer. which chef is correct? a. neither chef is correct. b. chef a is correct. c. both chefs are correct. d. chef b is correct. student c incorrect which is right answer
Answers: 2
Below are various transactions that a local corporation had occur during the month. for each transac...
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