A company purchased new machinery, paying $200,000 cash and taking out a long-term note (loan) with a bank for $85,000. The note will be due in 5 years. The company will record the purchase of the machinery on their books at which value? $217,000 $285,000 CengageNOWv21 Online teaching and learning resource from Cengage

Answers

Answer 1

The company will record the purchase of the machinery on their books at a value of $285,000.

The organization will record the acquisition of the hardware on their books at the aggregate sum paid, which is the money installment in addition to the drawn out note sum.

Cash installment: $200,000

Long haul note sum: $85,000

Aggregate sum paid: $200,000 + $85,000 = $285,000

Subsequently, the organization will record the acquisition of the hardware on their books at a worth of $285,000. This is on the grounds that the aggregate sum paid addresses the genuine expense caused by the organization to secure the hardware.

Both the money installment and the drawn out note are viewed as a component of the expense of the hardware and ought to be remembered for the bookkeeping records.

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The complete question is:

A company purchased new machinery, paying $200,000 cash and taking out a long-term note (loan) with a bank for $85,000. The note will be due in 5 years. The company will record the purchase of the machinery on their books at which value?

$625,000

$285,000

$200,000

$217,000


Related Questions

The Pirates of Penzance Company delivers goods to various areas around the world. The company has a great reputation for being prompt on its deliveries. Blackbeard is the owner of the company. Davy Jones works for Blackbeard as an underpaid sailor. Davy knew that Blackbeard loved to read while they were transporting their deliveries and that his favorite book was The Adventures of Huckleberry Finn. Davy gave Blackbeard a valuable first edition of Twain's work hoping that Blackbeard would give him a raise in pay. A day later, Blackbeard promised to give Davy a pay raise of 18% because he was very pleased with the book. The following week when Davy received his check, he noticed that the raise was missing and he asked Blackbeard for the money. Blackbeard refused to give him his raise and Davy filed suit. Decide the outcome.

Answers

The outcome here is that the court would make blackbeard to give the pay raise that he promised to Davy.

The breach of promise.

Davy may decide to sue because there has been a breach here. He may decide to sue under the proprietary estoppel.

He already met with what was required of him by providing the book to Blackbeard. It was Blackbeard that was unable tyo meet up with his own part.

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what happens when ethanol is refluxed with acidified sodiumheptaoxodiochromate(4) solution for a long time​

Answers

Answer:

1-butanol

Explanation:

in a quiz for Marks and given for correct answer and negative marks are given for incorrect answer if Jacks score 20 five successive rounds 25,-5,-10,15 and 10, what was total at the end​

Answers

Answer:

35

Explanation:

I believe he has 35 marks at the end but I could be wrong.

Burnem, Inc. manufactures blank CDs and sells them to a
distributor in packs of 500 CDs. Burnem's total cost and total
revenue (in dollars) for x packs of 500 CDs are given by the
following equations.

Answers

Burnem, Inc. manufactures blank CDs and sells them to a distributor in packs of 500 CDs. Burnem need to sell 441 packs to break even.

Let x be the number of packs Burnem need to sell to break even then

Total cost = Total revenue

               5 x + 4851 = 16 x

            => 11 x = 4851

       x = 441 packs

So Burnem need to sell 441 packs to break even.

The term "total cost" is used to describe the total cost of production, which includes both fixed and variable costs. The cost of producing a product is referred to as the total cost in economics. There are two components that make up the total cost: Cost per unit: The cost remains constant. In economics, total cost includes each factor of production's fixed or variable opportunity cost, or benefits received from the next best alternative. Marginal cost is the additional total cost of producing one more unit.

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Complete question as follows :

Burnem, Inc. manufactures blank CDs and sells them to a distributor in packs of 500 CDs. Burnem's total cost and total revenue (in dollars) for x packs of 500 CDs is shown below. Total cost = 5 x + 4851 and Total revenue = 16 x

How many packs of 500 CDs must Burnem sell to break even? x = packs

As a salaried employee, Richard Hernandez earns $776 each week. In one week, he worked 50 hours. What is his gross pay for that week?

Answers

Answer:

He would get paid $38,800 he will get $38,800 because I multiplied $776 and the 50 hours and that's how I got $38,800.

In college, you learned that the communication process starts with the sender (you) encoding an idea (determining the location of the package) into a message to an intended receiver or audience.
Of the following, which would be the most appropriate intended receiver/audience of your message to ask where the package is?
Select an option from the choices below and click Submit.
MSC Industries, which was supposed to send the contracts to your boss via the local messengeoservice
The messenger service that was supposed to deliver the envelope
&
Your company's mailroom, which was supposed to receive the envelope and deliver it to your boss

Answers

The envelope was intended to be delivered to your boss via the postal office at your firm. As a result, choice (C) is accurate.

In addition to taking letters and packages, offering post office boxes, and selling stationery and postage stamps, a post office is a public building and a business that offers mail services. Post offices could provide other services, which might differ by nation.

The processing of government services and taxes, such as road tax, postal savings, or bank fees, as well as the provision and acceptance of government forms (such as passport applications), fall under this category.A postmaster oversees all administrative operations of a post office.

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After graduating from AUD, Salman plans to start a book publishing company in Media City. He did some research and found that the printer would cost Dh 220,000. He estimated that the variable cost per book is Dh 170 , and the selling price is Dh 390. a. How many books must he sell to break even? Also, calculate the breakeven in dirham. b. In addition to the abovementioned costs, if he wants to pay himself a salary of Dh 15,400 per year, what is her breakeven point in units and dollars? c. In the first three months of his business, he sold 400 books. Suddenly the printer breaks down. He spent Dh 25000 to fix the printer. In addition to 400 books sold, how many more books should she sell to break even? Assume that this part of the question is independent and she does not draw any salary.

Answers

Salman needs to sell 879 books to break even, which is Dh 342,510 in revenue. With the salary, Salman needs to sell 942 books to break even, which is Dh 367,380 in revenue. After fixing the printer, Salman needs to sell an additional 580 books to break even.

a. To break even, the sales revenue must be equal to the total costs. The formula for calculating break-even point (BEP) is:

BEP (in units) = fixed costs / (selling price per unit - variable cost per unit).

Fixed costs = Dh 220,000Variable cost per unit = Dh 170

Selling price per unit = Dh 390

BEP (in units) = 220000 / (390 - 170) = 878.05 or 879 books. To calculate the break-even in Dirham, the formula is:

BEP (in dirham) = BEP (in units) x selling price per unit = 879 x 390 = Dh 342,510.b. The BEP with salary included is calculated as follows:

BEP (in units) = (fixed costs + salary) / (selling price per unit - variable cost per unit)Salary = Dh 15,400Fixed costs + salary = Dh 220,000 + Dh 15,400 = Dh 235,400

BEP (in units) = 235400 / (390 - 170) = 941.6 or 942 books. To calculate the break-even in Dirham, the formula is:

BEP (in dirham) = BEP (in units) x selling price per unit

= 942 x 390 = Dh 367,380.

c. Fixed cost increased by Dh 25,000 because of the printer's repair cost.

The new total fixed costs = Dh 220,000 + Dh 25,000 = Dh 245,000. The sales revenue still needs to be equal to the total costs for break-even. The formula for calculating the break-even point (BEP) is:

BEP (in units) = fixed costs / (selling price per unit - variable cost per unit) = 245000 / (390 - 170) = 980 books.

The number of books Salman needs to sell to break-even after the printer is repaired and an additional 400 books are sold = 980 - 400 = 580 books. Therefore, Salman must sell 580 more books to break even.

a:Salman needs to determine how many books he must sell to break even, and what that break-even point is in dirhams. The formula for calculating break-even point (BEP) is:

BEP (in units) = fixed costs / (selling price per unit - variable cost per unit).

Fixed costs = Dh 220,000

Variable cost per unit = Dh 170

Selling price per unit = Dh 390

BEP (in units) = 220000 / (390 - 170) = 878.05 or 879 books. To calculate the break-even in Dirham, the formula is:

BEP (in dirham) = BEP (in units) x selling price per unit = 879 x 390 = Dh 342,510.

b:

Salman also needs to determine how many books he needs to sell to break even when he wants to pay himself a salary.

BEP (in units) = (fixed costs + salary) / (selling price per unit - variable cost per unit).

Salary = Dh 15,400Fixed costs + salary = Dh 220,000 + Dh 15,400 = Dh 235,400BEP (in units) = 235400 / (390 - 170) = 941.6 or 942 books. To calculate the break-even in Dirham, the formula is:

BEP (in dirham) = BEP (in units) x selling price per unit = 942 x 390 = Dh 367,380.

c:

Fixed cost increased by Dh 25,000 because of the printer's repair cost. The new total fixed costs = Dh 220,000 + Dh 25,000 = Dh 245,000. The sales revenue still needs to be equal to the total costs for break-even. The formula for calculating the break-even point (BEP) is:

BEP (in units) = fixed costs / (selling price per unit - variable cost per unit) = 245000 / (390 - 170) = 980 books. The number of books Salman needs to sell to break-even after the printer is repaired and an additional 400 books are sold = 980 - 400 = 580 books. Therefore, Salman must sell 580 more books to break even.

Salman needs to sell 879 books to break even, which is Dh 342,510 in revenue. With the salary, Salman needs to sell 942 books to break even, which is Dh 367,380 in revenue. After fixing the printer, Salman needs to sell an additional 580 books to break even.

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Social media listening falls under which of the following types of research?
Select one:
a. Ethnographic research.
b. Netnography research.
c. Sentiment research.
d. Observational research.
e. Survey research.

Answers

Social media listening falls under the type of research called "Netnography research". The type of research method it is gives access to allow individuals to observe the online communities, comprehend the various sentiments and moods among the people, and then develop a main answer from the research.

Explanation:Netnography is a research methodology that includes the study of online communities. In other words, netnography is the technique of ethnography utilized to investigate computer-mediated communication and social interaction in online communities. It is a form of qualitative research used to analyze online communities and the communication that takes place there.Netnography is utilized by social media analysts and marketers to gather data on their brand or product and understand the opinions and sentiment of their target market.Social media listening falls under the type of research called "Netnography research". It is an observational research method that involves taking notice of how people interact with online communication tools.

Social media listening is an approach that focuses on gathering data from social media. Netnography is a research methodology that includes the study of online communities. In other words, netnography is the technique of ethnography utilized to investigate computer-mediated communication and social interaction in online communities.  It is an observational research method that involves taking notice of how people interact with online communication tools.

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From the different types of research that we have,  we can say that Social media listening falls under d. Observational research.

What is Observational research.

Social media listening involves monitoring and analyzing conversations, discussions, and mentions of a brand, product, or topic on social media platforms. It is a method of observing and gathering information from social media channels.

Observational research involves systematically observing and recording behaviors, events, or phenomena without manipulating or intervening in the natural environment. In the case of social media listening, researchers observe and analyze the content and conversations happening on social media platforms without directly influencing or controlling them.

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3) What is the present value of $1000, received at the end of 4 years of investment, with a discount rate of 4%?

3) What is the present value of $1000, received at the end of 4 years of investment, with a discount

Answers

Answer:

$854.81

Explanation:

The formula for calculating the present value is as below

PV = FV/( 1 + r)^n

Where Fv =1000

r = 4% or 0.04

n= 6

PV = $1000/ (1 + 4/100)^4

PV=$1000/(1 + 0.04)^4

PV=$1000/1.16985

PV =$854.81

.

Answer:

3629.9

Explanation:

I just did the test and thats what it told me the correct answer was.

.Which of the following are COVERED by renters insurance?a. small alterations/additions you've made to your rental at your own expenseb. the building you live in , or other structures on the propertyc. personal belongingsd. additional living expenses due to "loss of use" (like paying for a hotel if you can't stay in your apartment)

Answers

Renters insurance is designed to provide financial protection to tenants in the event of unexpected losses or damages. The policy generally covers personal belongings such as furniture, clothing, electronics, and other items in case they are damaged or stolen.

Additionally, renters insurance can cover additional living expenses like hotel bills and meal expenses in the event of displacement due to a covered loss. However, renters insurance typically does not cover the building itself or other structures on the property.

It is important to note that renters insurance policies may vary by provider and location, so it is important to carefully review the terms and conditions of the policy to understand exactly what expenses are covered.

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Team biden
or
t r u m p

Answers

Answer:

Biden them trump supporters mad mad

The demand for product X depends on the price of product X as well as the average household income (Y) according to the following relationship Qdx = 500 - 50 P+0.001Y The supply of product X is positively related to own price of product X and negatively dependent upon W, the price of some input. This relationship is expressed as: Qsx = 130 + 25 P-3W Given that Y = 20,000 and W = 7, what is the : 1. Equilibrium price?2. Equilibrium quantity?Suppose that income increases to 30,000 and W remains constant. What is the new 3. Equilibrium price? 4. Equilibrium quantity? Assuming that income remains constant at 30,000 and W increases to 12, what is the new : 5. Equilibrium price? 6. Equilibrium quantity?

Answers

To find the equilibrium price, we need to set the quantity demanded equal to the quantity supplied and solve for P. Thus, 500 - 50P + 0.001(20,000) = 130 + 25P - 3(7) simplifies to 520 - 75P = 169 + 25P, which gives us P = $2.47.To find the equilibrium quantity, we can substitute P = $2.47 into either the demand or supply equation. Using the demand equation, we get Qdx = 500 - 50(2.47) + 0.001(20,000) = 360.75. Therefore, the equilibrium quantity is 360.75 units.With an increase in income to Y = 30,000, the demand equation becomes Qdx = 500 - 50P + 0.001(30,000) = 650 - 50P. We set this equal to the supply equation Qsx = 130 + 25P - 3(7) and solve for P to get P = $2.80.To find the new equilibrium quantity, we substitute P = $2.80 into the demand equation to get Qdx = 650 - 50(2.80) + 0.001(30,000) = 453. Therefore, the new equilibrium quantity is 453 units.Assuming income remains at Y = 30,000, an increase in the input price to W = 12 shifts the supply curve upward. We set the new supply equation Qsx = 130 + 25P - 3(12) equal to the original demand equation Qdx = 500 - 50P + 0.001(30,000), and solve for P to get P = $2.43.To find the new equilibrium quantity, we substitute P = $2.43 into the demand equation to get Qdx = 500 - 50(2.43) + 0.001(30,000) = 365.5. Therefore, the new equilibrium quantity is 365.5 units.

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Complete Question:

The demand for product X depends on the price of product X as well as the average household income (Y) according to the following relationship Qdx = 500 - 50 P+0.001Y The supply of product X is positively related to own price of product X and negatively dependent upon W, the price of some input. This relationship is expressed as: Qsx = 130 + 25 P-3W Given that Y = 20,000 and W = 7.

What is the equilibrium price?What is the equilibrium quantity?What is the new equilibrium price if income increases to 30,000 and W remains constant?What is the new equilibrium quantity if income increases to 30,000 and W remains constant?What is the new equilibrium price if income remains constant at 30,000 and W increases to 12?What is the new equilibrium quantity if income remains constant at 30,000 and W increases to 12?

mr.marlon pays minimum wage to the cashiers in his store. if minimum wage is $7.25 per hour, how much does a cashier make who works 80 hours per week

Answers

Answer:

580

hour × rate

80 × 7.25

A three-piece high school rock band practiced for at least one hour most days of the week. Its studio was the cramped one-car garage of the drummer’s home. Ultimately, several neighbors offered to pay the rent at a local mini-warehouse as a practice room for a year if the group agreed to stop practicing at the drummer’s home. As the warehouse was much larger, the players agreed. Did the neighbors receive consideration? Did the rock band receive consideration? Did the rock band receive a benefit, endure a detriment, both, or neither? Was the contract enforceable?

Answers

Answer:

In this scenario, the neighbors offered to pay the rent for a local mini-warehouse as a practice room for a year in exchange for the rock band agreeing to stop practicing at the drummer's home. This constitutes an offer for a contract. The rock band agreed to the offer, which forms the basis of a valid contract.

The neighbors received consideration in this contract by agreeing to pay the rent for the mini-warehouse for a year. The rock band received consideration in the form of a new practice space, which was much larger than the cramped garage they were using before.

Additionally, the rock band received a benefit from the contract by getting access to a larger and more suitable practice space. On the other hand, they endured a detriment by agreeing to stop practicing at the drummer's home.

Therefore, the rock band received both a benefit and endured a detriment. The neighbors received consideration, but did not receive a benefit or endure a detriment.

As long as the essential elements of a contract are present (offer, acceptance, consideration, and a lawful purpose), the contract is generally enforceable. In this case, the offer, acceptance, and consideration are present, and the purpose of the contract is lawful. Therefore, the contract is enforceable.

Explanation:

The rock band agreed to stop practicing at the drummer's home in exchange for the neighbors paying the rent for a nearby mini-warehouse for a year.

This transaction proposition is being made. The rock band's acceptance of the offer established a binding contract.

What is meant by a warehouse?

A warehouse is a structure where items are stored. Manufacturers, importers, exporters, wholesalers, transportation companies, customs, etc. all use warehouses. They are often big, basic buildings that can be found in industrial parks on the outskirts of towns, cities, or villages.

Docks are typically found in warehouses where trucks can load and unload cargo. On occasion, warehouses are built to enable direct freight loading and unloading from transport methods including trains, ships, and airplanes. They commonly have cranes and forklifts for moving the goods, which are frequently loaded into pallet racks and put on ISO standard pallets. A warehouse might be referred to as a "godown" in India and Hong Kong.

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Which one of the four factors of copyright is MOST important?

Answers

Answer:

the purpose and character of the use i think

Explanation:

Team players are sought-after employees
True
False

Answers

Answer:

true,

Explanation:

you are planning to invest in an account earning % per year for retirement.
a. if you put the in an account at age 23, and withdraw it years later, how much will you have?
In 42 years you would have $__
b. if you wait 10 years before making the deposit, so that it stays in the account for only years, how much will you have at the end?
In 32 years you would have $__

Answers

If you invest $6,000 at age 33 and leave it in the account for 21 years, you will have approximately $11,597.98 at age 54. This is how the future value of the investment is calculated.

To calculate the future value of the $6,000 investment, we can use the formula for compound interest:

FV = PV * (1 + r)^n

Where:

PV = present value (the initial investment of $6,000)

r = annual interest rate (5% or 0.05)

n = number of compounding periods (31 years)

Plugging in the values, we get:

FV = 6,000 * (1 + 0.05)^31

FV = 6,000 * 2.982472

FV = $17,894.83

So if you invest $6,000 at age 23 and leave it in the account for 31 years, you will have approximately $17,894.83 at age 54.

b. If you wait 10 years before making the deposit so that it stays in the account for only 21 years, how much will you have at the end?

If you wait 10 years to make the deposit, the investment will have 21 years to grow, so we can use the same formula with n = 21:

FV = 6,000 * (1 + 0.05)^21

FV = 6,000 * 1.932996

FV = $11,597.98

So if you invest $6,000 at age 33 and leave it in the account for 21 years, you will have approximately $11,597.98 at age 54.

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Complete Question -

You are planning to invest $ 6,000 in an account earning 5 % per year for retirement.

a. If you put the $ 6,000 in an account at age 23, and withdraw it 31 years later, how much will you have?

b. If you wait 10 years before making the deposit so that it stays in the account for only 21 years, how much will you have at the end?

a. If you put the $ 6,000 in an account at age 23, and withdraw it 31 years later, how much will you have? In 31 years you would have $....... (Round to the nearest cent.)

Based on the information provided for each vehicle and the needs and wants of the individuals in the customer profile, recommend the vehicle that will sell the most

Answers

Answer:

Vehicle no 2

Explanation:

Vehicle no 2 is most likely to be more preferred by customer because it has longest warranty period of 10 years unlike other vehicles. Vehicle has another feature of security which other vehicles lapse. It is more spacious as it has capacity for cargo as well. People can go on long drives and picnic with ease using this vehicle.

describe the functions of SARB​

Answers

Answer:

The Reserve Bank's responsibilities include formulating and implementing monetary policy, promoting financial stability, issuing banknotes, providing banking services to government, operating the high-value payments system, managing Australia's foreign reserves and setting payments system policy.

The SARB is responsible for regulating cross-border transactions, preventing the abuse of the financial system and supporting the regulation of financial institutions.

▪▪▪Cutest Ghost▪▪▪

to maximize utility, a consumer with a fixed budget will purchase quantities of goods so that the ratios of the marginal utility of each good to its group of answer choices price are the greatest total utility are the greatest. price are equal price are equal to one total utility are the same

Answers

The correct answer is Price are equal.

An individual has a finite amount of money available to meet all of their needs, based on their income. The budget constraint is the maximum amount of money that customers can spend on the purchase and consumption of various product bundles, given their individual pricing.

Spending money on the item that offers the highest marginal utility per dollar of spending is the best way for consumers to optimise their overall utility for every dollar they spend.

The majority of people take a step-by-step method to select their utility-maximizing mix of options. This methodical technique is centred on examining the trade-offs of consuming more of one good and less of another, as assessed by marginal utility. This methodical approach can be compared to the maxim of "most bang for the buck."

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after how many days pregnancy can be confirmed by urine test

Answers

In most cases, a urine test can be used to determine pregnancy after a missed period, which typically happens 14 days after conception. However, some sensitive tests can detect pregnancy hormones as early as 7–10 days after conception.

It is important to note that pregnancy issues can still arise even if a urine test confirms pregnancy, so it is essential to seek medical care and discuss any concerns or questions with your healthcare provider. Pregnancy can typically be confirmed by a urine test around 12 to 14 days after conception.

It is usually recommended to wait until the first day of your missed period to take the test for more accurate results. This is because urine tests detect the hormone human chorionic gonadotropin (hCG), which increases in the body during pregnancy. The hCG levels may not be high enough to be detected in the early stages, leading to false-negative results.

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A person performs a cost-benefit analysis in order to:
A. calculate the expenses of multiple businesses competing in the
same market.
B. evaluate the possible positive and negative effects of different
economic decisions.
C. analyze economic data to reach general conclusions about a
country's economy.
D. determine the tax rates a business will pay depending on its
profits in a year.
o

Answers

Answer:

B. evaluate the possible positive and negative effects of different economic decisions.

Explanation:

Cost-benefit analysis (CBA) is used to examine and compare the cost associated with a project or task and the benefits derived from it.

Simply stated, cost-benefit analysis is a form of utilitarianism commonly used by individuals, business firms and government in the decision-making process, as all the cost incurred are determined and analyzed.

This ultimately implies that, it may be used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.

Cost-benefit analysis (CBA) sums the total cost associated with a project (activity) and compares this cost against the total benefits that would be generated. Thus, it helps in the decision-making process by comparing the net present value (NPV) of the cost of a particular project with the net present value (NPV) of its benefits.

Hence, a person performs a cost-benefit analysis in order to help him or her evaluate the possible positive and negative effects of different economic decisions with respect to an investment, project, activity, or programme.

explain socialism, capitalism and mixed economy with their features advantages and disadvantages​

Answers

Socialism is defined as the means of production that is owned by the state. Capitalism is a economic system in which private individuals or businesses own capital goods. A Mixed Economy is a system that combines aspects of both Capitalism and Socialism.

the following transactions for the month of march have been journalized and posted to the proper accounts of a sole proprietorship. mar. 1 the business received $10,000 cash from the owner of the business, morris tharps. the business gave capital to morris tharps. mar. 2 paid the first month's rent of $1,000. mar. 3 purchased equipment by paying $2,000 cash and executing a note payable for $5,000. mar. 4 purchased office supplies for $710 cash. mar. 5 billed a client for $9,000 of design services completed. mar. 6 received $7,600 on account for the services previously recorded. what is the balance in cash on march 6?

Answers

The balance in cash on March 6 is $7,000 as cash received minus the cash paid determines the cash balance at the end of the transactions.

On March 1, the business received $10,000 cash from the owner of the business, Morris Tharps. The company provided Morris Tharps with funding.

On March 2, the business paid the first month’s rent of $1,000.

On March 3, the business purchased equipment by paying $2,000 cash and executing a note payable for $5,000.

On March 4, the business purchased office supplies for $710 cash.

On March 5, the business billed a client for $9,000 of design services completed.

On March 6, the business received $7,600 on account for the services previously recorded.

So, the balance in cash on March 6 is calculated as follows:

$10,000 (cash received on March 1) - $1,000 (rent paid on March 2) - $2,000 (cash paid for equipment on March 3) - $710 (cash paid for office supplies on March 4) + $7,600 (cash received on March 6)

= $7,000.

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Correct question is:

The following transactions for the month of march have been journalized and posted to the proper accounts of a sole proprietorship.

Mar. 1 the business received $10,000 cash from the owner of the business, morris tharps. the business gave capital to morris tharps.

Mar. 2 paid the first month's rent of $1,000.

Mar. 3 purchased equipment by paying $2,000 cash and executing a note payable for $5,000.

Mar. 4 purchased office supplies for $710 cash.

Mar. 5 billed a client for $9,000 of design services completed.

Mar. 6 received $7,600 on account for the services previously recorded. what is the balance in cash on march 6?

Raman is a Government servant, his wife Radha is an advocate and their son Amit is engaged in retailing of electronic goods. Identify the type of activities they are engaged in. Also differentiate between the identified activities on any three parameters.

Answers

Answer:

Kindly see Explanation

Explanation:

Raman is described above as being a government servant, this means Raman is an employee of the Federal or State Government. In other words, Raman works in a government runned establishment. Raman is in the civil service.

Radha who is described as an advocate could be explained as an individual who lends his or her voice in other to make others get heard or a protagonist of a certain course.Radha could be described as being into Law or judicial activities.

Amit who retails electronic goods could be described as being self-employed who is into buying and selling.

Difference between activities of Raman, Radha and Amit.

1.) Engagement sector:

Raman works in the civil service, while Radha work is inclined with the legal and activism process and Amit is into commerce.

EMPLOYER:

2.) Raman is clearly a government employee, Radha could work for Non-governmental or Volunteer organizations, while Amit is Self-employed.

DECISION-MAKING :

3.) Raman works based on defined government framework and rules, Radha as an advocate is more inclined towards promoting morality, While Amit will make decisions based on what is best for his business as an entrepreneur.

In a free market system, the concept of consumer sovereignty means that.

Answers

The concept of sovereignty in a free market system means that consumers have the power to decide through their actions which goods and products will be produced.

Free market system

It corresponds to the independent and decentralized economic system where exchanges and negotiations between individuals and companies take place without government interference.

Therefore, in a free market system, it is impacted by the law of supply and demand, where the consumer regulates decisions through his actions.

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What degree is needed to be an accountant?
I really, really, really need the answer

Answers

It’s not required but accountants go to college and earn their bachelors degree!

Answer:

bachelor's degree

Explanation:

Although not required, most accountants attend college and earn a bachelor's degree. However, a bachelor's degree in accounting or a related field is considered the minimum education requirement for those who plan to become a CPA.

PLZ HELP ON TIMER CARRERS!!!!! 15 POINTS

The advantages of being an entrepreneur are _____.
a.
excitement, independence, and financial risk
b.
flexibility, independence, and salary potential
c.
short working hours, independence, and financial risk
d.
administration, short working hours, and excitement


Please select the best answer from the choices provided

Answers

Answer:

B.

Explanation:

It seems most reasonable.

Look around your room or in your house and find five different objects and identify where they were made. In at least 100 words, discuss how you have personally benefited from trade and provide at least 2 examples. Identify 1 positive impact of trade on your life and 1 way that you have been negatively impacted also.

Answers

Answer:

As I look around my house I find a pocket watch that has helped me tell time, a handy knife that saved my but while camping, a flashlight that helps me see in the dark, and books that I read to allow my mind to wonder. I’ve even got a feather pen I use to write down important notes. Each of these items required trade in order to receive. I traded an old knife for the pocket watch, a few books for new books, and so on with the other items. Trading is a form of giving to receive and can be used to get someone you want from someone else who wants something you have. However trading isn’t that easy due to the fact of poor trades such as a trade I once did for a hammer, I traded a spool of wire for the hammer only to realize that I needed the wire more then the hammer. Not all trade is bad though because it can also benefit you by getting you something better and even someone else something they need. That is the importance of trade.

Explanation:

A multinational corporation's choice of a specific locale is affected by all of the following factors except:A) desirability of the location for employees coming in from the outside.B) the structure of the organization.C) proximity to competitors.D) the nature of the workforce.

Answers

All of the above, with the exception of whether it is desirable for personnel coming in from outside, have an impact on the site that a multinational corporation's chooses. Option A is Correct.

Business ethics would be the main factor a global organisation investing in a foreign nation would take into account when selecting a site. Corporate level strategy, business level strategy, and functional level strategy are the three levels.

Business executives may define goals at every level of strategy, from the highest corporate level to the lowest functional level. The ability to directly supervise trading partners is restricted by physical distance, expenses, and danger. Contract enforcement may be expensive, and inconsistent legal systems between nations make things challenging. These elements are crucial when thinking about a market entrance plan. Option A is Correct.

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