subject
Business, 04.12.2020 23:10 tamerrapittsoy4ii6

1. A mechanic starts his business with
$10000 worth of tools. What entries
should be made to record this
transaction?
(A)
(B)
(C)
(D)
Dr. Capital A/c; Cr. Tools A/c
Dr. Tools A/c; Cr. Capital A/c
Dr. Bank A/c; Cr. Capital A/c
Dr. Capital A/c; Cr. Bank A/

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:20
Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?
Answers: 3
question
Business, 22.06.2019 21:00
Dozier company produced and sold 1,000 units during its first month of operations. it reported the following costs and expenses for the month: direct materials $ 69,000 direct labor $ 35,000 variable manufacturing overhead $ 15,000 fixed manufacturing overhead 28,000 total manufacturing overhead $ 43,000 variable selling expense $ 12,000 fixed selling expense 18,000 total selling expense $ 30,000 variable administrative expense $ 4,000 fixed administrative expense 25,000 total administrative expense $ 29,000 required: 1. with respect to cost classifications for preparing financial statements: a. what is the total product cost
Answers: 2
question
Business, 22.06.2019 22:00
Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases.b. the equilibrium wage increases and the equilibrium quantity of labor decreases.c. the equilibrium wage decreases and the equilibrium quantity of labor increases.d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.
Answers: 2
question
Business, 22.06.2019 23:10
Which investment has the liquidity and can be converted into cash easily?
Answers: 2
You know the right answer?
1. A mechanic starts his business with
$10000 worth of tools. What entries
should be made...
Questions
question
Chemistry, 30.08.2019 02:00
Questions on the website: 13722360