Business, 19.07.2021 19:20 ineedhelp2285
Purchased new equipment for $2,450 by issuing a check for $1,500 as a down payment with the balance due in 30 days.
Returned damaged supplies and received a $75 cash refund.
Purchased supplies for $250 cash.
Provided services for $7,050 on credit.
Issued a check for $800 to pay a creditor on account.
Issued checks for $2,900 to pay the employees their monthly salaries.
Issued a check for $200 to pay the monthly telephone bill.
Determine the accounts and amounts to be debited and credited for the above transactions for William Clock Repair.
Answers: 1
Business, 21.06.2019 21:20
Kahn company's static budget was based on sales volume of 12,000 units. its flexible budget was based on sales volume of 14,000 units. based on this information multiple choice the sales volume variance is expected to be unfavorable. the materials cost volume variance is expected to be favorable. the labor cost volume variance is expected to be unfavorable. none of the answers is correct.
Answers: 3
Business, 22.06.2019 04:00
Assume that the following conditions exist: a. all banks are fully loaned up- there are no excess reserves, and desired excess reserves are always zero. b. the money multiplier is 5 .     c. the planned investment schedule is such that at a 4 percent rate of interest, investment =$1450 billion. at 5 percent, investment is $1420 billion. d. the investment multiplier is 3 . e.. the initial equilibrium level of real gdp is $12 trillion. f. the equilibrium rate of interest is 4 percent now the fed engages in contractionary monetary policy. it sells $1 billion worth of bonds, which reduces the money supply, which in turn raises the market rate of interest by 1 percentage point. calculate the decrease in money supply after fed's sale of bonds: $nothing billion.
Answers: 2
Business, 22.06.2019 05:30
Excel allows you to take a lot of data and organize it in one document. what are some of the features you can use to clarify, emphasize, and differentiate your data?
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Business, 22.06.2019 20:50
How has apple been able to sustain its competitive advantage in the smartphone industry? a. by reducing its network effects b. by targeting its new products and services toward laggards c. by driving the price for the end user to zero d. by regularly introducing incremental improvements in its products
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Purchased new equipment for $2,450 by issuing a check for $1,500 as a down payment with the balance...
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