Answer:
A $155.94
Explanation:
A down payment is an initial payment that is paid cash to the buyer. It is the same as the deposit. Marcus must have been buying the compute of credit. The down payment or deposit shows that the customer is serious about buying the item.
The deposit that Marcus paid is 12%.
The cost of the new computer is $1,229.50
The deposit will be 12% of $1,229.50
=12/100 x $1,229.50
=0.12 x $ 1,229.50
=$155.94
pe Problems
he following transaction of Raj:
Raj started business with cash Rs 20,000
Purchased goods for cash Rs 4,000
Goods purchased from Rabina Rs 4,000
Furniture purchased from Kailash for Rs 6,000
l entries
Account
Answer:
cash a/c .......Dr rs.20000
To, capital a/c rs.20000
Jesse sold his home for $187,999. During the sale process, Jesse paid his broker a commission of 6% of the sale price, $1,500 in marketing for the home, and $5,000 in other closing costs. How much did Jesse realize from the sale of his home, rounded to the nearest dollar
Which kind of budget would cause the largest increase in a country's national
debt?
A. One that decreases taxes and decreases spending
B. One that increases taxes and decreases spending
C. One that decreases taxes and increases spending
D. One that increases taxes and increases spending
Answer: One that decreases taxes and increases spending
Explanation: got it wrong
The kind of budget that would cause the largest increase in a country's national debt is One that decreases taxes and increases spending. Thus the correct option is C.
What is the budget?A budget refers to making financial planning for the expenses that are going to occur and controlling the spending of an individual. The budget gives an estimate of the expenses.
A tax is a specific sum of money that is taken in by a government from its constituents and afterward used to fund projects like the construction of hospitals, roads, and transit systems, among other things.
A budget that decreases taxes and increases spending helps in lowering unemployment by raising opportunities for employment and increasing the standard of living of people.
Therefore, option C is appropriate.
Learn more about Tax, here:
https://brainly.com/question/16423331
#SPJ7
On the first day of the fiscal year, a company issues a $1,000,000, 7%, 5-year bond that pays semiannual interest of $35,000 ($1,000,000 × 7% × 1/2), receiving cash of $884,171. Journalize the entry for the issuance of the bonds. If an amount box does not require an entry, leave it blank.
Answer:
Debit cash: $884,171
Debit discount: $884,171
Explanation:
The Journal entry for the issuance of the bonds is to debit 'Cash' by $884,171, Debit 'Discount on Bonds Payable' by $115,829, and credit 'Bonds Payable' by $1,000,000.
What is the Journal entry?A journal entry is defined as a document of a business transaction that is kept in the books of accounts. Every transaction requires at least two journal entries in double-entry bookkeeping.
Because a transaction can cause numerous changes in a business, a bookkeeper keeps track of all of them with journal entries.
The Journal, also known as the Book of Primary Entry, is the first record of any business transaction. The data from these simple journal entries is then transferred to other books of accounts.
The journal entry is:
Cash a/c Dr. $884,171,
Discount on Bonds Payable a/c Dr. $115,829
To Bonds Payable a/c $1,000,000
Therefore, the journal entry is the primary recording of the books of accounts.
Learn more about the Journal entry, refer to:
https://brainly.com/question/20421012
#SPJ5
What part of $14 is greater than $12
Answer:
$2
Explanation:
so this question is easy and not need to be explained much but if u don't know then there r many ways to find the answer one of it is to
$14 - $12 = $2
Done!!!!!
2011/1/14 Paid wages 50,000
journal entry
Answer:
see below
Explanation:
Wages are business expenses. In the Double entry system, an increase in expenses is a debit entry.
When wagers are paid, cash available reduces. Cash is an asset account. A decrease in an asset account is a credit entry.
the Journal entry in the case will be
Wages A/C Dr $5000
Cash A/C Cr $5000
A loan to a company or government that pays investors a fixed rate of truth over a specific timeframe is known as:
1. 401k
2. Tax shelter account
3. Stocks
or 4. Bonds
Answer:
4. Bonds
Explanation:
Bonds are debt instruments used by corporates and governments to raise capital. Bonds are long-term sources of capital for a business and government and also an investment option to investors.
When the government or corporate issues bonds, they promise to pay the principal amount when the bond matures. Maturity ranges from 5 to 30 years. The bond issuer also commits to pay interest on regular intervals until the bonds mature. The interest to be paid is based on the coupon rate or interest rate as specified by the bond.
Liz just completed a Client Needs Assessment and her client
confirmed that he will require profitability tracking, and need to
create budgets and purchase orders in his accounting solution.
Answer:
QuickBooks Online Plus
The question and multiple-choices
What is the minimum QuickBooks Online version suitable for Liz's client?
QuickBooks Self-Employed QuickBooks Online Simple Start QuickBooks Online Essentials QuickBooks Online Plus QuickBooks Online Advanced PreviousExplanation:
QuickBooks Online Plus is an advanced feature that small business requires to make better management decisions pertaining to their business. The needs of Liz's client of tracking profitability and the need to create budgets can be meet by installing QuickBooks Online Plus.
Other features of QuickBooks Online Plus include
Keep track of financial records, such as invoices and statements.Update and reconcile payments automatically.Generate accurate estimates and convert them into invoices.Estimate project profitability by taking into account cost factors such as labor and job cost expenses. Automate workflows with rule-based reminderswhich of the following is NOT a promotion strategy or activity
(a) Buying keywords on search homepages which trigger clickable text boxes when the keywords are use in a search.
(b) Gaining the exclusive right to retail a company's products in a specific area for a specific period.
(c) Viral marketing, which facilitates and encourages people to pass along a marketing message about a particular product.
(d) Public relations efforts to establish and maintain a company's image.
Answer:
A and D
Explanation:
I think the answer is A and D
The firm uses the periodic system and there are 20 units of the commodity on hand at the end of the year. What is the amount of the inventory at the end of the year according to the average cost method?
Answer: a. $1,380
Explanation:
Using average cost method, the price of all inventory is the same and this cost is calculated by dividing the total cost of the inventory by the total units.
= (5 * 61) + (15 * 63) + (10 * 74) + (10 * 77)
= 305 + 945 + 740 + 770
= $2,760
Average cost = 2,760/ (5 + 15 + 10 + 10)
= $69 per unit
Total units for the year = 5 + 15 + 10 + 10 = 40 units
Total units on hand = 20 units
Total sold = 40 - 20 units
Cost of goods sold = 20 * 69
= $1,380
Variable costs are
O the costs related to the product that have to be paid regardless of the amount you sell
the costs that change depending on a company's performance
O the costs resulting from a business owner's choice when selecting one thing over another and how it will impact the business
O none of the above
Next
HELP PLS
Answer:
the costs that change depending on a company's performance
Explanation:
Variable costs refer to the costs that fluctuate with the level of production. An increase or decrease in the output level results in variable costs moving in the same direction. If the business stops production, the variable costs will be nil.
Raw materials and packaging costs are good examples of variable costs. The more a company produces, the more materials it consumes, and the higher the costs of purchasing the materials.
Answer:
Costs that change depending on companys performance
Explanation:
EDGE 2021 Entreprenuership Test
Explain the impact of future expectations on the current economy.
Answer:
Future expectations on the current economy are a very important factor that influences economic performance. In fact, expectations have become part of mainstream economics, and the Chicago School of Economics in particular, is famous for its contributions to the field.
Explanation:
For example, if people think that the economy in the future will be bad, they will tend to spend less money, invest less, or only invest in very safe securities like U.S. Treasury bonds, and hoard some of their cash, for future spending. Another behaviour that could be displayed is using cash to buy large quantities of goods, in order to hoard them for the future.
These kind of actions would depress economic activity, or slow down recovery, because they would not only result in less consumption, but also less investment, and investment is one of the most important factors (if not the most, according to many economists) when determining future economic growth.
When presenting a persuasive speech, one speech goal is to ask the audience members to perform a certain action, also know as performing a specific_________. Group of answer choices belief value behavior none of the above No answer text provided.
Answer:
behavior.
Explanation:
A persuasive speech is one in which the speaker addressing the audience or giving speech to the audience tries to impress or persuade the audience by his speech and convince the listeners through his presentation and speeches.
It is a process of changing people belief, action or reinforcing them. While giving a persuasive speech, one main goal of the speaker is to ask the audience to perform a certain action. It is also known as performing a specific behavior.
which of the following is an asset
A. Account receivable
B. Account payable
C. Loan
Answer:
A. Account receivable
Janna owns a jewelry shop that sells handmade jewelry. Her employees are paid a certain amount for each bracelet and necklace they produce, regardless of the amount of time it takes. This is a
Answer:
Piece rate system
Explanation:
The piece rate system is the system in which the price is paid according to the units make or produced
Since in the question it is mentioned that the Janna sells handmade jewellery and her employees would paid a specific amount for each bracelet and necklace they developed irrespective of the time it takes so this represents the piece rate system
So the same is to be considered
A rise in the interest rate increases the opportunity cost of consuming today. increases the opportunity cost of consuming in the future. decreases the opportunity cost of consuming today. decreases the opportunity cost of consuming in the future.
Answer:
increases the opportunity cost of consuming today
Explanation:
Consumption today is inversely related to interest rate.
If interest rate rises, consumption falls and if interest rate falls, consumption increases.
If interest rate is higher, the amount that can be earned on savings increases and this increases the incentives to save more now and consume less today.
sold goods costing $1000 on credit at 25% profit. Show it in accounting equation form
Answer:
see below
Explanation:
The accounting equation is represented as Assets = Equity + Liabilities
From this transaction,
Stocks(assets) decrease by $1000
Debtors(asset) increase by $1000
Profits(capital) increase by $250 ( 25% of $1000)
Assets = Liabilities + Capital
stocks debtors revenue/gains
- $1000 + $1000 + $250
Which expression is equivalent to 12(3 + m)? Group of answer choices 36 + 12m 3m + 12m 36m 36 + m
Answer:
36 + 12m
Explanation:
The first step is to solve the expression be removing the bracket
12(3+m)
36 + 12m
Hence 36+12m represents the expression
The first thing that the customer needs to do to take a loan is what
What is one way people can reduce the amount of taxes they owe in a year?
A. Give money to charity
B. Earn a higher income
C. Purchase luxury goods
D. Work longer hours
Answer:
A
Explanation:
Donating money to charity is one method people might lower their annual tax burden. Therefore, (A) is the correct option.
What is Tax?Taxes are required payments made to individuals or enterprises by a government agency, whether local, regional, or federal. Income, capital gains, or the estate are all subject to taxes.
One of the ways to reduce the amount of tax payable is to donate money to a charity.
Therefore, (A) is the correct option.
To know more about Taxes, visit the link below:
https://brainly.com/question/16423331
#SPJ2
write the Express of following numbers. Three times x is 11 and 36
Answer:
3x + 11 = 32
Explanation:
In this case, expressing means creating an equation that describes
the sum of three times x and 11 is 32.
'Sum' refers to the total while 'is' refers to equals to.
therefore, the total of 3x and 11 = 32
i.e., 3x + 11 = 32
The Eks-Plore Company exports outdoor gear for firms on the east coast of the United States. The company identifies companies in Europe and Asia that market and sell these products. Eks-Plore handles all documentation, logistics, and transportation for the products. What type of business is the Eks-Plore Company?
Answer:
exporting trading company
Explanation:
Eks-Plore doesn't actually manufacture any outdoor gear. it provides trading services to companies that manufacture them. Eks-Plore sells goods produced in the US and exports them to foreign markets, e.g. European and Asian nations. This is a type of intermediary that is also responsible for located new potential markets where to sell the goods.
Harriet is running a company that produces shoes. She had employed 100 workers in her factory and had the output of 300 shoes per week.
With 200 employees the output was 600 shoes per week. She then Increased the number of employees to 300. She found that the output only
Increased to 700. Which operational phenomena has Harriet observed here?
A.
economies of scale
OB.
law of diminishing returns
C. law of cost-price increase
D.
depreciation principle
E.
fluctuation correction
Answer:
B
Explanation:
It demonstrates law of diminishing returns. The law of diminishing marginal returns states that adding an additional factor of production results in smaller increases in output.
please give thanks by clicking heart button :)
Does holiday shopping boost the economy? And why?
Explanation:
Christmas is typically the largest economic stimulus for many nations around the world as sales increase dramatically in almost all retail areas. ... These holiday sales reflected about 19.2 percent of the retail industries total sales that year. Supply and demand is quite prevelant during the holiday season. Merchants know that shoppers will often put off shopping until time becomes an issue and demand more for goods that are shown to be “hot” or in short supply. In some cases manufacturers will create demand by under producing items.
Answer:
Yes it does.
The holiday period can be from November to January, where there are tons of consumers shopping to buy gifts. Robust shopping by the American consumer is now the primary engine powering economic performance.
Consumer spending drives a significantly large part of U.S. GDP. This makes it one of the biggest determinants of economic health.
There are academics who uphold the argument for more public holidays to boost growth - this makes sense since leisure spending is a significant part of consumption.
please give thanks, hit that heart button :)
explain the relationship among job, employment and education with examples
Answer:
If you go to school it help you learn things for life when your out for the real world where you have to get you a job.
Explanation:
Which of the following is an example of receiving information
Answer:
Receive is defined as to take, accept, experience or welcome. An example of receive is getting a letter in the mail. An example of receive is someone being given a gift. An example of receive is someone hearing bad news.
Explanation:
A company purchased a new truck at a cost of $42,000 on June 1, 2019. The truck is estimated to have a useful life of 7 years. The company uses the straight-line method of depreciation. So, the annual depreciation expense is $6,000. How much depreciation expense will be recorded for the truck during the first year ended December 31? Select one: a. $6,000. B. $45,000. C. $3,500. D. $3,000.
Answer:
C. $3,500
Explanation:
The formula for a straight-line method of depreciation is provided below:
annual depreciation charge=(cost-salvage value)/useful life
cost of the new truck=$42,000
salvage value=$0
useful life=7 years
depreciation=($42,000-$0)/7=$6,000( same as given in the question)
The truck was used for 7 months in the first year ended, from June 1 2019 to December 31 2019
Depreciation for the first year=$6000*7/12=$3,500
In this text, Grady is expressing high hopes based on the South's A. capital investment and labor base. B. social system and new diversified industry. C. new diversified industry and capital investment. D. social system and labor base.
Answer: social system and new diversified industry
Explanation:
Based on the text, we can derive the information that in the past, the South was about slavery and secession but that it's dead.
The new South is about union and freedom which represents a perfect democracy, and there is a social system that is closely knitted and compact and a diversified industry. Therefore, Grady is expressing high hopes based on the social system and the new diversified industry.
Someone please help will mark as brainliest
Answer:
1. B
2. D
3. C
4. A
Explanation:
Happy Holidays :)
An insurance premium is:
O A. an estimate of the amount of money a person can save on
insurance.
B. a limit on the amount of insurance money a person can claim.
C. a discounted rate an insured person gets to pay for a service.
O D. a monthly payment that ensures insurance coverage for a person.
An insurance premium is a monthly payment that ensures insurance coverage for a person. Hence, option D is appropriate.
What is the meaning of Insurance?Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If you don't have insurance and an accident occurs, you can be liable for all expenses.
Next, we look more closely at the three most significant categories of insurance: life, liability, and property. Insurance is a financial product offered by insurance firms to protect you and/or your possessions from the possibility of theft, loss, or damage.
Anyone wishing to safeguard their family, possessions, and self from financial danger or losses will benefit from insurance plans: Insurance plans will assist you in covering the costs of unexpected medical expenses, hospitalization, contracting illnesses, and treatment.
Hence, option D is correct.
Learn more about Insurance here:
https://brainly.com/question/989103
#SPJ3
