April 1
CR Cash $[tex]8970[/tex]
Treasury Stock = [tex]230 shares * $39 = $8970[/tex]
June 14
When the stock sold is higher or lower than the price it was purchased or issued for, it is credited or debited to the Additional Paid-in Capital account respectively. As the price it was sold for here was higher than what it was purchased for, the balance is credited.
Cash =[tex]60 shares * $44 = $2640[/tex]
Sept 1.
Price stock was sold for is less than the amount it was purchased so the balance will be debited to the Additional Paid-in Capital account.
Cash = [tex]34 * 50 = $1700[/tex]
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you get a phone call from someone telling you they are from the irs and they are sending the police to your house now to arrest you unless you provide a method of payment imme- diately. what tactic is the caller using?
The caller is employing this strategy Pretexting
The use of a bodily characteristic as a form of authentication is known as biometrics. Smishing is the practice of collecting information from people through short messaging service (SMS/texting).
Briefing:-There isn't much to rogue access. Pretexting is the process of creating a plausible narrative to use as cover for a social engineering attack.
Which of these would be a pretexting example?You might be using a few different social engineering techniques if you send an email pretending to be a former coworker. You are utilizing pretexting because you have a justification and a method for deceitfully gathering information.
What does a Deauthentication assault aim to achieve?DE authentication - When an attack spoofs your MAC address, it instructs your wireless network to disconnect you from the network. This is known as a reauthentication assault. Attackers may stage evil twin or man-in-the-middle assaults via a reauthentication technique.
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Abigail runs a small business of 55 employees. She is working hard to find a way to provide health benefits to all her employees by 2016 to be in compliance with __________.
the Family Medical Leave Act
Social Security
the Affordable Care Act
Medicare
The affordable care act is health benefits to all her employees by 2016 to be in compliance.
Health benefit:
According to the concept of economic, health benefit means for individuals, employers, and society at large to manage costs related to health care.
Given,
Abigail runs a small business of 55 employees. She is working hard to find a way to provide health benefits to all her employees by 2016 to be in compliance.
While we looking into the given question, she needs a way for the employee health benefit, for that one we have to use the affordable care act law.
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an employer reimburses 100% of an employee's monthly parking for a parking space near the employee's work site. the parking fees are $281.00 per month. calculate the monthly taxable amount of the parking reimbursement.
$281.00 - $255.00 = $26.00 The excluded benefit is limited up to $255 per month in 2016 is excluded from income for qualified parking provided by the employer
What is income?
Income is the money that an individual or organisation receives in return for their services or goods. Depending on the context—such as taxation, financial accounting, or economic analysis—income may have a variety of definitions.
For the majority of people, their total earnings include their wages and salaries, investment returns, pension payments, and other receipts. For businesses, income refers to the money made from selling goods and services as well as any interest or dividends paid on the company's cash holdings and reserves.
Different definitions and methods of calculating income are used by economists. No matter what subjects or subtopics they are studying in terms of income, savings, consumption, production, public finance, or other related subjects,
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What are 2 examples of trade agreements in the world?.
Examples of trade agreements in the world include North American Free Trade Agreement (NAFTA) and Central American-Dominican Republic Free Trade Agreement (CAFTA-DR).
A trilateral economic bloc in North America was established when Canada, Mexico, and the United States signed the North American Free Trade Agreement.
The 1988 Canada-United States Free Trade Agreement between the two countries was replaced by the new agreement when it went into effect on January 1st, 1994. By gross domestic product, the NAFTA trade bloc was one of the biggest in the world.
The Dominican Republic-Central America Free Trade Agreement (CAFTA-DR) is the first FTA between the United States and a group of smaller developing economies, including the Dominican Republic and neighboring neighbors Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua.
The CAFTA-DR encourages closer relations between trade and investment partners, as well as prosperity and stability in the area and along our southern border.
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will a perfectly competitive market produce a larger, smaller, or the same quantity as the perfectly price discriminating monopoly? explain.
Contrasted with a solitary cost restraining infrastructure, a totally serious industry creates more result and charges a lower cost. A) results in a greater economic profit and consumer surplus.
What happens when a market that is highly competitive turns into a monopoly?
While consumers and society suffer, the producer gains. There will only be one seller if perfectly competitive markets become monopolies. Customers will be taken advantage of by the monopolist. There will be no other means for customers to buy products and services.
Why is the quantity produced by a monopoly lower than the quantity produced by competitors?
Monopoly Production Point: A monopolist can charge the price based on the market demand curve for the quantity it produces when it produces the quantity that is determined by the intersection of MR and MC.In this way, monopolists produce less however charge in excess of a firm in a cutthroat market.
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which of the following will result in a leftward shift of the market demand curve for labor (ceteris paribus)? a. an increase in labor productivity b. a decrease in the firm's product price c. an increase in demand for the firm's product d. an increase in the wage rate
Under the ceteris paribus assumption, the labour demand curve depicts the amount of workers that businesses seek to hire at any given pay rate or salary.
What is labour demand?
The number of workforce that an employer has been willing to hire in relation to the various exogenous (from outside decided) variables it really is faced with, including the wage rate, this same unit cost of capital, and this same market-determined sale price of the its output, etc., is known as the labour demand of an employer in economics. The labour demand function specifies the amount of labour that would be required at any of the various exogenous variable values that could exist. The total number of labour hours demanded by everyone employers constitutes the labour market demand.
If aggregate demand doesn't change, a shift in the SRAS curve to the right causes a rise in real GDP and downward pressure on the price level. The marginal product of the labor schedule that businesses must deal with determines the labor demand curve. Labor will be affected if a nation's productivity declines. A product's price rise will result in less of it being bought overall. workers' take-home pay, raising the hourly labor cost to the business, and reducing employment. the rise in labor productivity and the market demand curve for labor.
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According to a recent survey, what percentage of local police agencies has experienced a "measurable increase" in the reporting of computer and electronic crimes? Answer A. 10 B. 20 C. 50 D. 80
According to a recent survey, 80 percentage of local police agencies has experienced a "measurable increase" in the reporting of computer and electronic crimes.
What is electronic crimes?
Tajikistan, Bangladesh, and China are the nations with the least cyber-security in the world, according to our research. Tajikistan had the greatest rates of crypto miner assaults (5.7%), PCs experiencing at least one local malware attack (41.16%), and users being attacked by banking malware (4.7%).
Some internet crimes target tangible objects like computers or servers. These offenses include copyright infringement, IPR violations, hacking, virus transmission, cyber and typo squatting, computer vandalism, and DDOS attacks.
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the following information pertains to ranchero company. 1. cash balance per books, august 31, $7,364. 2. cash balance per bank, august 31, $7,328. . outstanding checks, august 31, $686. august bank service charge not recorded by the depositor $38. 5. deposits in transit, august 31, $2,700. in addition, $2,016 collected for ranchero company in august by the bank through electronic funds transfer. the accounts receivable collection has not been recorded ranchero company. (a) prepare a bank reconciliation at august 31, 2022. (list items that increase balance as per bank
According to the given question The reconciliation at august 31, 2022 is
$7,328.
In the Bible, what is reconciliation?Reconciliation is a Greek phrase that essentially means to entirely alter. According to Colossians 1:20–22 of the Bible, despite the fact that sinners' evil deeds have made them enemies of God and in their own minds, God has made restitution by the death of Jesus.
Briefing:As of August 31, each bank had $7,328 in cash.
2. The depositor failed to report the July banks service charge $38.
3. The cash amount as of July 31 was $7,364.
4. Transit deposits ($2,700), as of July 31.
5. The bank received $2,016 from Lancer Company in July via electronic money transfer. The Lance Company has not recorded the collection.
6. $686 in unpaid checks as of July 31.
The following details concern Lance Compan.
The following details concern Lance Compan.
1. Construct a bank reconciliation as of July 31, 2017.
CHANGES TO THE CASH BOOK
as of the cash book's balance
.........7,364
Transferred-funds receipt
Two thousand sixteen bank charges
...................................(38)
Cashbook Adjusted Balance Bank reconciliation statements totaling 9,342
Balance according to the revised cashbook: 9,342
Incorporate: Unpresented Checks
......................686
Uncredited Deposits are less.
As of the most recent bank statement, the balance was 7,328.
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Revise your calculations based the new information provided below and then answer the questions that follow. Part 2 of 2 Inflows: Issue common stock Sell inventory to customers Issue notes payable Sell land Earn interest on investments Sell patent $ 84,000 96,320 59,360 109,760 2,240 68,320 16.7 points eBook Outflows: Purchase equipment Purchase inventory Purchase treasury stock Repay notes payable Pay salaries Pay dividends Beginning cash $ 201,600 42,560 44,800 33,600 43,680 16,800 $ 59,360 Print References Required: 1. What is the revised amount of operating, investing and financing cash flows? (Net outflows should be indicated by a minus sign.) Operating Investing Financing Required information Part 2 of 2 2. What is the revised ending cash balance? Ending cash balance 16.7 points eBook Print References 3. Which of the three types of cash flows could best be desribed as cash-basis net income? 3 Which of the three types of cash flow Operating Investing Financing 4. Which of the following types of cash flow involves primarily changes in long-term liabilities and stockholders' equity? Operating activities Investing activities Financing activities
Cash flow involves primarily changes in long-term liabilities and stockholders' equity Financing activities.
Financing sports are transactions among a commercial enterprise and its lenders and proprietors to collect or go back resources. In other words, financing activities fund the company, pay off creditors, and offer owners a go-back on investment. Financing activities include: Issuing and repurchasing fairness.
Financing sports examples encompass the issuance of stocks and bonds, borrowing a mortgage, servicing debt, buying back stocks, and many others. on the grounds that these activities directly affect an employer's capital shape, analysts and investors use this as a critical indicator of an employer's financial fitness.
The financing pastime within the coins waft declaration specializes in how a firm raises capital and pays it returned to buyers thru capital markets. these sports additionally encompass paying coins dividends, adding or changing loans, or issuing and promoting extra stock.
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two companies are both in the process of buying back significant portions of their common stock. however, they are in different phases of the corporate life cycle. which phases might they be in? g
Company A may be in the growth phase, while Company B may be in the maturity phase.
What is Company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of the its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The institutional ownership of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both also have different ownership arrangements, laws, and rules regarding financial reporting.
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Read the draft below, and then answer the question that follows.
The Human Resources department is happy to announce a career development workshop led by Joseph Pelletier. He has 20 years of experience in career development training and will help you gain a clearer understanding of your career goals he will also discuss tools to work toward your career goals. The workshop will take place November 10 and 11, and it will start at 9:30 a.m. and end at 5:30 p.m., and there will be coffee and tea in the morning lunch will be provided in the afternoon. Respond to this e-mail to sign up because only 40 spaces are available.
How could you improve this message? Check all that apply.
A: Reduce sentence lengths.
B: Correct fragments.
C: Use only compound-complex sentences.
D: Correct run-on sentences.
E: Correct comma splices.
To improve this message, we should do A: Reduce sentence lengths, B: Correct fragments and D: Correct run-on sentences. Reduce sentence lengths it's because long sentences often mean that you aren't sure about what you want to say.
A message can be described as a communication or statement conveyed from group or one person to another. Generally transmitted verbally or in writing, a message can also be sent via a gesture or a look. Most messages serve at least one of three purposed is to entertain, to persuade, or to educate and some fulfill all three at once. A blog post, for example, may entertain its readers but also share some promote a cause or product or news.
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an association of business professionals who work to improve a cities commercial climate and publicize its attractions is usually known as
A business bureau is an association of business persons, often joined by professionals, who work to improve their city's commercial climate and to publicize its attractions.
What is the practice of public relations?The art of public relations involves knowing a company's goals and how it interacts with society. It is a field of management that deals with deliberate and ongoing interaction intended to alter behavior and foster trust and understanding among participants.
According to the Public Relations Society of America, public relations is "a strategic communication process that develops connections between organizations and their publics that are mutually advantageous." In essence, public relations professionals look after a company's reputation and public image.
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the campaign highlights the value that a degree from wpu provides and compares it with the tuition cost at the university. group of answer choices favorable price appeal scientific evidence and straight sell emotional appeal using personal states or feelings product/service popularity appeal
The campaign highlights the value that a degree from wpu provides and compares it with the tuition cost at the university favorable price.
There are a whole lot of reasons — developing demand, growing economic aid, decrease kingdom funding, the exploding fee of administrators, bloated pupil facilities packages. The maximum steeply-priced colleges — Columbia, Vassar, Duke — will run you properly over $50K 12 months only for tuition.
Tuition is the fee you pay for classes. Along with tuition, you will in all likelihood ought to pay a few different charges to sign up for and attend a university. Tuition and charges range from university to university. Other university charges encompass room and board, books and supplies, transportation, and private expenses.
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Enercio contributes $156,200 in exchange for a 40% interest in the calendar year ABC LLC, which is taxed as a partnership. In 2016, a the LLC generates $124,960 of ordinary taxable income, Enercio withdrew $15,620 from the partnership during 2016. If an amount is zero, enter "0". Enercio is taxed on what amount of the LLC's 2016 income? How much of the $15,620 will Enercio be taxed?
The amount of tax that LLC's 2016 is $49,984. And in the $15,620 of Enercio there's no tax, because it is considered simply a casual withdrawal by Enercio from the partnership.
Tax is an imposition of value or a fee levied by any government on a person or organization to collect revenue for public works that provide the best facilities and infrastructure. The funds collected are then used to fund various public expenditure programs.
From the partnership income of $124,960, Enercio will be taxed his full 40% of the income. Thus, the tax that he should pay is
Tax = 0.4 x $124,960 = $49,984.
Thus, the amount of tax that LLC's 2016 is $49,984.
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contrary to its name, the european (fill in the blank)is primarily a consultative, rather than legislative body.
The European Parliament is primarily a consultative, rather than legislative body.
What is the European Parliament?One of the seven institutions that make up the European Union and one of its legislative bodies is the European Parliament (EP). It does so in conjunction with the Council of the European Union (often referred to as the Council and colloquially as the Council of Ministers), when the European Commission makes a recommendation. There are 705 members of parliament (MEPs). With 375 million eligible voters, it is the second-largest democratic electorate in the world (after the Parliament of India).Since 1979, the European Union's people have been using universal suffrage to elect the Parliament in direct elections every five years. After 1979, voter turnout declined in every parliamentary election until 2019, when it rose by eight percentage points and exceeded 50% for the first time since 1994. Except for Malta, Austria, and Greece, all EU members have a voting age of 18; all other members have a voting age of 16 or 17.Learn more about European Parliament refer to :
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the above payoff matrix is for two players, each with two strategies. what is the nash equilibrium of this game?
At mixed strategy Nash equilibrium both players should have same expected payoffs from their two strategies as shown above. At mixed strategy Nash equilibrium both players should have same expected payoffs from their two strategies.
What is Nash equilibrium?
The concept of Nash equilibrium was developed by American mathematician John Nash. It is regarded as one of the most crucial ideas in game theory, which seeks to rationally and mathematically decide what steps players in a game should take to get the greatest possible results for themselves.
Nash equilibrium is regarded as a key idea in game theory because of how widely it may be used. From economics to the social sciences, a wide range of fields can use the Nash equilibrium.
By disclosing each player's plan to the other players, you can quickly determine the Nash equilibrium or determine whether it even exists. If no one modifies their approach, the Nash equilibrium is established.
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a company borrowed money from a local bank. the note the company signed requires five annual installment payments of $12,000 not due for four years. the interest rate on the note is 7%. what amount did the company borrow?
When the contract was signed, the calculated value of the amount borrowed was $41,078. The corporation was required to make five $12,000 annual installment payments. The note has a 7% interest rate.
What exactly does the term "interest rate" mean?The amount that the lender charges the borrower on top of the principal amount is known as the interest rate. Anyone who deposits money in a bank or other financial institution earns additional money in terms of the recipient, known as interest, taking into account the time value of money.
Are interest rates increasing or decreasing?In 2023, mortgage interest rates could increase further. Strong inflation, a flourishing real estate market, and changes in Federal Reserve policy have all contributed to rate increases this year.
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suppose that 1-and 2-year oil forward prices are $22/barrel and $23/barrel. the 1-and 2-year interest rates are 6% and 7%. calculate the new 2-year swap price.
The 2-year swap price is the present value of the oil forward prices.
What is swap price?
Swap price are set by the parties involved and their specific market for the fixed leg of the a swap. The repaired interest rate is swapped for a benchmark rate, such as LIBOR or even the Fed Funds Rate give or take a spread, in an interest rate. Additionally, it refers to the exchange rate again for fixed portion of the a currency swap. A variety of swap types are subject to swap price. The exchange of the a floating interest rate for just a fixed interest rate is referred to as an interest rate swap. The transfer of interest payments from one currency for another is known as a currency swap. The fixed component in both kinds of transactions is known as the swap rate.
The present value of the 2-year forward price is $22.26 and the present value of the 1-year forward price is $21.26. Therefore, the 2-year swap price is $21.26 + $22.26 = $43.52.
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Do high-risk or low-risk investment have a higher return potential?.
The high-risk or low-risk investment have a higher return potential because high-risk investments may offer better returns than other investments, but they put your money at greater risk.
What is high risk investments?A high-risk investment is one that has either a high percentage chance of losing capital or a lower return, or a relatively high chance of catastrophic loss. The first is intuitive, albeit subjective: if you are told that your investment has a 50/50 chance of earning the expected return, you might consider it quite risky. If you were told that there is a 95% chance that an investment will not produce the expected return, almost everyone would think that it is risky.
But the other side is the one that many investors ignore. For example, car and plane accidents. A 2019 National Safety Council analysis found that a person's lifetime chance of dying from any unintentional cause has increased to one in 25, up from one in 30 in 2004.
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How can failure as an entrepreneur be handled?.
Retaining the knowledge you gained from experiencing that failure. To create a more complex marketing strategy and business model, conduct market research.
How do business owners deal with issues?As a result, when faced with a difficult choice or a challenging circumstance, an entrepreneur defers to the expertise of others and enlists their assistance in order to resolve the issue as quickly as feasible.
They Respect Their Weaknesses. Failure serves as a learning opportunity for those with strong mental faculties. They attempt to be honest rather than deny or cover up their flaws. Their self-awareness and humility help them create plans for improvement.
Strategies for overcoming failures in life
Failure shouldn't make you feel threatened, and it's okay to feel bad.Create Healthy Habits to Maintain Your Health.Take Reasonable Responsibility for Your Failure. Avoid Developing Bad Habits.Learn about yourself.Keep looking forward and be inspired by failures that resulted in success.To learn more about marketing strategy and business model refer to
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approximately 2.5% of those who adopt a product do so almost immediately after the product is launched. these people are called
Approximately 2.5% of those who adopt a product do so almost immediately after the product is launched. These people are called innovators.
Customers who are innovators are the first to use a new product. They are risk-takers by nature and are intrigued by the potential of novel concepts and fresh approaches to old problems. Because products are typically more expensive when they are first released (although some products do defy this trend), innovators are typically wealthier than other types of adopters.
When developing new products, innovators frequently have a connection to the scientific field in which they originated. They also frequently network with other innovators in the same product categories.
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independence corporation needs to replace some of the assets used in its trade or business and is contemplating the following exchanges: exchange asset given up by independence asset received by independence a office building in chicago, il piece of land in toronto, canada b large warehouse on 2 acres small warehouse on 22 acres c office building in green bay, wi, used in the business apartment complex in newport beach, ca, that will be held as an investmentdetermine whether each exchange qualifies as a like-kind exchange. also, explain the rationale for why each qualifies or does not qualify as a like-kind exchange
A like-kind exchange is a tax-deferred transaction that allows for the disposal of an asset and the acquisition of another similar asset without generating a capital gains tax liability from the sale of the first asset.
Properties are of like-kind if they are of the identical nature or person, despite the fact that they fluctuate in grade or great. Actual houses commonly are of like-kind, irrespective of whether or not they're progressed or unimproved. As an example, a condo construction might typically be like-type to every other condominium building.
A certified trade lodging arrangement is when a third party briefly holds an actual estate investor's relinquished or replacement assets. The arrangement helps investors defer a found-out capital advantage or loss from the sale of actual property by allowing them to finish a like-kind exchange.
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Mega Screens, Inc., reports net sales of $3,200,000, cost or goods sold of $2,000,000, and income tax expense of $150,000 for the year ended December 31, 2015. Selected balance sheet accounts are as follows: Required: Calculate cash received from customers, cash paid to suppliers, and cash paid for income taxes. Cash received from customers Cash paid to suppliers Cash paid for income taxes
Cash Received from Customers = Sales + Decrease or - Increase in Accounts Receivable. Cash Paid to Suppliers = Cost of Goods Sold + Increase or - Decrease.
The character earnings tax is a tax levied on the wages, salaries, dividends, hobbies, and other earnings a person earns throughout the yr. The tax is generally imposed by way of the nation wherein the income is earned.
An profits tax is a tax imposed on people or entities in appreciation of the profits or income earned with their aid of them. profits tax generally is computed because the made from a tax charge instances the taxable income. Taxation quotes may additionally vary by using the kind or characteristics of the taxpayer and the form of income.
Income tax, is a levy imposed on people and agencies. individual profits tax is computed on the premise of profits obtained. it is also classified as a direct tax due to the fact the weight is presumably on the folks who pay it.
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income bonds pay interest only if the issuing company actually earns the indicated interest. thus, these securities cannot bankrupt a company, and this makes them safer from an investor's perspective than regular bonds.
This is a false statement because income bonds cannot make an investor safer from being bankrupt.
An income bond is a kind of debt security whereby only the face value of the bond is promised to be paid to the investor, with the condition that any coupon payments are paid only if the issuing firm has enough earnings to pay for the coupon payment. It means that income bonds pay interest only if the issuing firm or investor actually earns the indicated interest, but it does not mean that it provides a company or investor with a guaranteed safety from being bankrupt.
Thus, the given statement is false because income bonds may cause an investor to go bankrupt.
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On july 1, scene co. Borrowed $15,000 cash from first bank by signing a 30-day, 5% interest-bearing note. Scene will record this entry with a credit to notes payable in the amount of
Record this entry with a credit to notes payable in the amount of $ 15000.
How do you record a journal entry for notes payable?Because your cash grows after the loan is received, you would debit your cash account in the amount of $50,000 for the first journal entry. To record the loan, you will also credit notes due. There is always interest on payable notes, which must be documented individually.If your organization borrows money through a note payable, debit the cash received and credit the debt to the Notes Payable account. You will debit your Notes Payable account and credit your Cash account when you repay the loan.To learn more about journal entry. refer,
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Record this entry with a credit to notes payable in the amount of $ 15000.
How do you record a journal entry for notes payable?Because your cash grows after the loan is received, you would debit your cash account in the amount of $50,000 for the first journal entry. To record the loan, you will also credit notes due. There is always interest on payable notes, which must be documented individually.If your organization borrows money through a note payable, debit the cash received and credit the debt to the Notes Payable account. You will debit your Notes Payable account and credit your Cash account when you repay the loan.As Scene Co. borrowed $15,000 cash from First Bank by signing a 30-day, 5% interest-bearing note, it will record this entry with a credit to Notes Payable in the amount of $15,000.The complete question is,
On July 1, Scene Co. borrowed $15,000 cash from First Bank by signing a 30-day, 5% interest-bearing
note. Scene will record this entry with a credit to Notes Payable in the amount of
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FILL IN THE BLANK. in search engine marketing, the___ of the ad describes how useful an ad message is to the customer doing the search.
In search engine marketing, the relevance of the ad describes how useful an ad message is to the customer doing the search. Therefore option D is correct.
What is a Search Engine?A software program used to do web searches is known as a search engine. They conduct systematic searches of the World Wide Online for specific data that is defined in a text-based web search query. Typically, the search results are displayed as a list of outcomes, also known as search engine results pages.
Search engines also retain real-time information by running an algorithm on a web crawler, in contrast to online directories and social bookmarking sites, which are maintained by human editors.
Therefore option D is correct.
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Your Question was incomplete but most probably your question was.
FILL IN THE BLANK. in search engine marketing, the___ of the ad describes how useful an ad message is to the customer doing the search.
1) impression
2) ROMI
3) click-through rate
4) relevance
in the percentage-of-sales method of budgeting for advertising, industry data or the retailer's past experience should be used to determine suitable levels of expenditures.
Simplicity in the percentage-of-sales method of budgeting for advertising, industry data or the retailer's past experience should be used to determine suitable levels of expenditures.
Percentage of sales method:
In economics, percentage of sales method means the forecasting model that makes financial predictions based on sales.
Given,
Here we need to find the the percentage-of-sales method of budgeting for advertising, industry data or the retailer's past experience should be used to determine suitable levels of expenditures.
As per the definition of percentage of sales method, the level of expenditures is determined by the simplicity of the user's past experience with the product is good.
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under what circumstances does the variance inflation factor signal that multicollinearity may be a problem? g
When the VIF is greater than or equal to 5 then does the variance inflation factor signal that multicollinearity may be a problem.
What does multicollinearity mean and why is it a problem?Multicollinearity exists whenever an independent variable in a multivariate regression equation exhibits a high correlation with one or more additional independent variables. Multicollinearity is problematic since it lessens the statistical significance of the independent variable.
What does multicollinearity look like?If there is a precise linear relationship between two or more independent variables, we have perfect multicollinearity. repeating the same information (such as weight in pounds and weight in kilograms), using dummy variables incorrectly (falling into the dummy variable trap), etc.
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TRUE/FALSE. Cost of goods sold: multiple choice is another term for merchandise sales. is the term used for the expense of buying and preparing merchandise for sale. is another term for revenue. is also called gross margin.
The Cost of goods is the term used for the cost of buying and preparing merchandise for sale. So, the correct option is option (b) .
Cost of Goods Sold :
Wholesalers purchase products from manufacturers and other wholesalers and sell them to consumers. Retailers buy products from manufacturers and sell them to wholesalers. Cost of Goods Sold represents the cost of purchasing and preparing to sell goods.
In accounting, COGS is a standard line item in the expenses section of a company's income statement (P&L). Expenses are expensed and recognized in the income statement only after the goods are sold and the revenue is recognized in the income statement. It should not include the cost of producing goods or services that are not sold.
COGS = Beginning Inventory + Purchases During Period - Ending Inventory
Gross Revenue = Sales - COGS
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Complete question:
Cost of goods sold: multiple choices question
a) is another term for merchandise sales. b)is the term used for the expense of buying and preparing merchandise for sale.
c) is another term for revenue. is also called gross margin.
1. all of the following are types of responsibility centers except . fulfillment centers cost centers profit centers investment centers 2. investment centers have the responsibility for . costs revenues investments in assets all of these choices are correct.
What is the difference between profit center and investment center?
A profit center is a division in charge of expenses and income. An investment center is a division in charge of expenses, earnings, and asset investments. Depending on the kind of responsibility center being managed, different performance metrics are utilized to assess managers.A business unit known as an investment center is one that a company uses to make money using its own resources. A typical illustration of an investment center is the finance division of a retailer or vehicle manufacturer.These are two significant and well-liked metrics for evaluating the success of investment centers. They are residual income and return on investment (ROI) (RI). The written-down value of the fixed assets or their gross value may be used to calculate net operating investment.To learn more about Investment center refer,
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