The statement "A trade surplus means that there is a net outflow of capital." is correct. Hence, the suitable option will be option (2).
Give a brief account on trade surplus.A trade surplus, which happens when an economy's exports surpass its imports, is an economic sign indicating a healthy trade balance. There is a trade surplus when the result of the following calculation is positive:The trade balance is calculated as Total Value of Exports minus Total Value of Imports.A trade surplus is when there is a net inflow and the equation above produces a positive result. This is the opposite of a trade deficit. Reports on the trade balance are made available each month by the US Bureau of Economic Analysis (BEA).An economy's employment and economic growth can be boosted by a trade surplus, but it can also result in higher prices and interest rates.
The value of a nation's currency on the international markets can also be impacted by its trade balance because it enables that nation to trade away the majority of its money.
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most firms have a. no monopoly pricing power. b. some monopoly pricing power. c. absolute monopoly pricing power. d. the ability to earn monopoly profits.
Most firms have some monopoly pricing power. They operate in markets that are characterized by varying degrees of competition. While very few firms have absolute monopoly power where they are the sole provider in the market.
In reality, many firms have some degree of market power, allowing them to exert influence over the pricing of their products or services. This is often the case in markets with imperfect competition, such as monopolistic competition or oligopoly, where a few firms dominate the industry.
Firms with some monopoly pricing power can differentiate their products, create brand loyalty, or have other factors that give them a degree of control over pricing. However, their ability to set prices is still constrained by market forces and competition to some extent.
Having the ability to earn monopoly profits is a stronger claim than having some monopoly pricing power. Monopoly profits refer to the excess profits a firm can earn by charging higher prices due to its monopoly position. While some firms may have the potential to earn higher profits than in a competitive market, it does not necessarily mean they can consistently achieve or sustain monopoly profits.
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QUESTION 8 of 10: You buy a lathe for $20,000. Its useful life is 10 years. Each week, over 10 years, you recognize an equal portion of its cost. This is called depreciation. What is your weekly depreciation for the lathe?
Answer:
the weekly depreciation is $38.46
Explanation:
The computation of the weekly depreciation is shown below;
Given that
The Purchase value of the lathe is $20,000
Useful life is 10 years
So, the annual depreciation is
= $20,000 ÷ 10 years
= $2,000 per year
Now the weekly depreciation is
= $2,000 ÷ 52 weeks
= $38.46
Hence, the weekly depreciation is $38.46
52. With respect to the bank reconciliation which is correct?
A. Subtract outstanding checks from the company's balance.
B. Add deposits in-transit to the company's balance.
C. Add service charge to the company's balance.
D. Subtract NSF checks from the company's balance.
E. Subtract interest earned from the bank's balance.
When doing a bank reconciliation, the correct procedure is to D. Subtract NSF checks from the company's balance.
What is an NSF check?They stand for Not Sufficient Balance.They mean that the person who deposited the check did not have enough money in their account to honor the check.As a result, the company would not get that money so this amount needs to be subtracted from the company account to show that the company never received this money.
In conclusion, option D is correct.
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Tiko was approved for a credit card with a limit of $10,000. What would experts recommend that Tiko keep his balance below?
$1000
$5000
$8000
$3000
Answer:
usually for good credit most people advise that you spend 33% or less of your total credit line. Some say you can go up to 50% but I would recommend to build the best credits you should probably give his balance of $3,000 or less
Answer:
D
Explanation:
3000 or less
I need this answer guys PLEASE.
Will give Brainliest
Demand-pull inflation occurs when
the price of goods rises suddenly and extremely fast.
consumers begin purchasing more goods.
producers need more money to make and distribute goods.
the government prints more money and pushes prices up.
Answer:
The production and transport of good and service are high and rises than the demand pull inflation occurs. It may be profitable for any business. Demand pull inflation need cost more but more than that they get profit
If+$2500+is+invested+in+an+account+that+pays+interest+compounded+continuously,+how+long+will+it+take+to+grow+to+$7500+at+7%?
Compute the future value FV by multiplying the starting balance present value - PV by the value from the previous step FV = PV × eʳᵗ. The continuously compounded interest is the difference between the future and present values Interest = FV - PV.
Solution:
The initial amount is: P=$2500
The final amount is: A=$7500
The rate of interest is: r=7%
Write the relationship between the initial and final amount using the continuous compound interest.
A=Pert
Here, the time is t.
Substitute the known values.
$7500=$2500e(7%)
t3=e(0.07)t
e0.07t=3
Take a log on both sides of the above equation to solve for time.
lne0.07t=ln3
0.07tlne=ln3
0.07t(1)=ln3
t= ln3
0.07
t = 15.69446 year
t = 15.69 year
Thus, it will take 15.69 years to grow.
A mutual fund that fees three percent in annual cost prices will reduce the funding most important to one by two in around twenty-four years. A borrower who pays twelve interest on their credit card (or any other form of mortgage that is charging compound hobby) will double the quantity they owe in six years. a continuously compounded hobby is the mathematical restriction of the general compound hobby components with the interest compounded infinitely frequently each year.
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if a price is unclear when a contract is found to exist, the ucc directs the courts to:
The Uniform Commercial Code (UCC) provides a set of rules that governs commercial transactions in the United States. When a contract is found to exist, but the price is unclear or ambiguous, the UCC provides guidance on how courts should handle such situations.
Under the UCC, if the price is not determinable at the time the contract is formed, the parties may agree to a reasonable price or leave the price to be determined by a third party. If the parties fail to agree on a reasonable price or a third party is not designated, the courts may determine a reasonable price based on factors such as the market price for similar goods, the cost of production, and any relevant industry standards. It is important to note that the UCC's guidelines for determining a reasonable price are meant to ensure fairness and equity in commercial transactions. Therefore, if a price is unclear in a contract, parties should work towards a mutual agreement on a reasonable price or be prepared to have a court determine it for them.
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mention any five types of small-scale retailers
Answer:
Retail trade is carried on both at small scale and large scale. Small scale retailers are either mobile traders (itinerants) or fixed shops. Mobile Traders or Itinerants These retailers have no fixed place of business. They move from place to place and sell articles of daily use near to consumers. These include the following:Explanitaion:1. Hawkers: A hawker moves about in residential localities. He carries his goods in a hand cart or bicycle. He deals in low-priced goods of daily use. E.g. combs, toys, soaps, mirrors, bangles, vegetables, fruits, ice-cream, etc. Read more on Sarthaks.
2. Peddlers: A peddler also moves from house to house and sells articles of daily use. But he carries his wares on his head or on the back of a mule. Read more on Sarthaks.
3. Cheap Jacks:A cheap jack hires a small shop in a residential locality for a temporary period. He shifts his business from one locality to another depending on the availability of customers. He deals in low-priced household articles. Read more on Sarthaks.
4. Pavement dealers or Street Traders: A pavement dealer displays his wares on footpath and outside public places such as railway station, bus stand, cinema, temple, etc. He sells low priced articles like newspapers, magazines, fruits, vegetables, footwear to the passersby. He is also called street trader. Read more on Sarthaks.
5. Market Traders:
A market trader sells goods at weekly markets when the shops are closed for weekly holiday. He displays goods outside the closed shops. He deals in lowpriced articles of daily use. He may also set up stalls on fairs and exhibitions. Fixed Shops (Small Scale Retail Shops) Small scale retail shops are the most popular form of retail trade. Read more on Sarthaks.
HOPE IT HELPSquestion modemultiple choice questionwhich component of the marketing plan allows a company to understand information about its current business and then make strategic decisions about how to best move forward?multiple choice question.executive summaryfinancialsfeedbackmission statementsituation analysis
Product, pricing, promotion, and site are the four primary themes included in the marketing section of a company strategy.
The four Ps are a "marketing mix" that includes four crucial elements for selling a good or service: product, pricing, place, and promotion. When businesses create marketing plans and strategies to reach their target audience, they frequently consider the four Ps.
The marketing plan outlines the approach a company will take to advertise its items to customers. The strategy identifies the target market, the value proposition of the brand or product, the campaigns to be launched, and the metrics to be used to assess the performance of marketing initiatives.
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any two importance of office resources
Two importance of office resources are greater output and promote productivity .
What are office resources ?All of the resources and amenities found in an office, including people, tools and supplies, furniture and equipment, cash, modes of transportation, and communication, are referred to as office resources. These resources are used to help the organization achieve its goals.
Two improtance of office resources are:Greater output is made possible because every business strives to produce as much as possible while using the fewest resources possible. Better resource utilization management can be used to accomplish such a feat.It helps to promote productivity: Office supplies aid in boosting office employees' productivity. Equipment such as furniture, machinery, and other items make work more comfortable and convenient, which improves worker productivity.Learn more about office resources here https://brainly.com/question/20436648
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What are the advantages and disadvantages for Ralph Lauren corporation to add another diffusion brand or sub brand?
On January 1, 2021, Wright Transport sold four school buses to the Elmira School District. In exchange for the buses, Wright recelved a note requiring payment of $526,000 by Emira on December 31,2023 . The effective interest rate is 7%. #V of $1. PV of $1. FVA of $1. PVA of S1. EVAD of \$1 and PVAD of \$1) (Use appropriate foctor(s) from the tables provided.) Required: 1. How much sales revenue would Wright recognize on January 1, 2021, for this transaction? 2. Prepare Journal entnes to record the sale of merchandise on January 1.2021 (omit any entry that might be required for the cost of the goods sold, the December 31, 2021, interest accrual, the December 31, 2022, interest accrual, and receipt of payment of the note on December 31,2023. Complete this question by entering your answers in the tabs below. How much sales revenue would Whight recegnize on lanuary 1. 2021, for this transaction? (Round your final answer to nearest whate number;
Wright Transport would recognize sales revenue of approximately $428,870 on January 1, 2021, for this transaction.
To determine the sales revenue that Wright Transport would recognize on January 1, 2021, for the transaction involving the sale of four school buses to the Elmira School District, we need to calculate the present value of the note receivable using the effective interest rate of 7%.
First, we need to calculate the present value factor for a single payment of $1 due in three years at an effective interest rate of 7%. Looking up the appropriate factor from the PV of $1 table, we find it to be approximately 0.8163.
Next, we calculate the present value of the note receivable:
Present Value = Note Amount * Present Value Factor
Present Value = $526,000 * 0.8163
Present Value = $428,869.80
Now, let's prepare the journal entries to record the sale of the merchandise on January 1, 2021:
To record the sale of four school buses:
Date: January 1, 2021
Debit: Accounts Receivable - Elmira School District $526,000
Credit: Sales Revenue $428,870
Credit: Note Receivable $97,130
Recognizing the sales revenue and creating a note receivable for the remaining amount.
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On January 1, 2021, Wright Transport would record sales revenue for this deal of about $428,870.
We must compute the present value of the note receivable using the 7% effective interest rate in order to ascertain the sales revenue that Wright Transport would record on January 1, 2021 for the deal involving the sale of four school buses to the Elmira School District.
First, we must figure out the present value factor for a single $1 payment with a three-year due date and a 7% effective interest rate. We calculate the relevant factor from the PV of $1 table and discover that it is roughly 0.8163.
The present value of the note is then determined:
Note Amount * Present Value Factor gives you the current value.
\(PresentValue = $526,000 * 0.8163Value in the Present: $428,869.80\)
Prepare the following journal entries to reflect the sale of the goods on January 1, 2021:
To officially document the sale of four school buses:
First of January 2021
Debit: Elmira School District $526,000 in Accounts Receivable
Credit: $428,870 in sales
Credit: 97,130 in Notes Due
Recognizing sales income and establishing a note receivable for the unpaid balance.
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Which of the following is an advantage of diversity in the workforce?
OA. Discrimination is increased.
B. Communication is easy.
OC. Teams are more productive.
D. Wages are always fair.
One advantage of diversity in the workforce is C. Teams are more productive.
What good thing does diversity at work bring?As a result of diversity in the workplace, there will be a flow of different ideas from various perspectives on how to handle things.
This would lead to more productivity as the best formulas from different cultures are applied to production to make it better.
In conclusion, an advantage of diversity in the workforce is teams are more productive.
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Ceteris paribus, which one of the following business practices increases the possibility of a bank run? Banks
a. must maintain a positive net worth.
b. pay interest on accounts that meet certain requirements.
c. promise to satisfy withdrawal requests on a first-come, first-served basis.
d. keep cash at the ready in a vault in order to meet depositors’ withdrawal requests.
Ceteris paribus, the business practice that increases the possibility of a bank run is to promise to satisfy withdrawal requests on a first-come, first-served basis. The correct option is c) promise to satisfy withdrawal requests on a first-come, first-served basis.
This practice creates a sense of urgency among depositors, making them more likely to rush to withdraw their funds in times of uncertainty. A bank run occurs when a large number of depositors, due to panic or fear, attempt to withdraw their deposits simultaneously.
This can happen when depositors lose confidence in a bank's ability to meet its obligations. When a bank promises to satisfy withdrawal requests on a first-come, first-served basis, it can exacerbate the fear among depositors. They may worry that if they do not withdraw their money immediately, the bank will run out of funds and they will lose their deposits.
On the other hand, options a, b, and d help to reduce the likelihood of a bank run. Maintaining a positive net worth (option a) demonstrates the bank's financial stability and solvency, which can boost depositors' confidence. Paying interest on accounts that meet certain requirements (option b) provides an incentive for depositors to keep their funds in the bank, as they can earn returns on their deposits. Keeping cash at the ready in a vault (option d) ensures that the bank has sufficient liquidity to meet depositors' withdrawal requests, helping to maintain confidence in the bank's ability to honor its obligations.
In summary, promising to satisfy withdrawal requests on a first-come, first-served basis increases the possibility of a bank run, as it can lead to depositors rushing to withdraw their funds in times of uncertainty. Maintaining a positive net worth, paying interest on accounts, and keeping cash at the ready in a vault are all practices that can help to reduce the likelihood of a bank run.
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Question 1
visor
Samantha is working through the Client Needs Assessment process.
BOOKS
Which 4 areas should she focus on to gather information for her
client?
(Select all that apply)
view
Doard
Who is the client
ng
Why did the client start their business
ses
U
What services does the client need
I!
How will the client work be completed
Which team member will do the work
ts
The Company Setup, Banking Activities, Common Problems, and Transaction Volume sections make up the Client Overview tab. To quickly assess the status of a client's file, you can access a multitude of real-time information.
Review of client data is where it is in QuickBooks.For each of you clients, you can quickly determine the status of the most recent book reviews: To access the Clients menu in QuickBooks Online Accounting, click. Decide which tab is for bookkeeping. Review the column's status for book reviews.
Which four categories of goods and services are there?Convenience goods, shopping products, specialty items, and unsought goods are the four categories of products, and each is categorized according to consumer preferences, pricing, and product features.
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Your company runs a restaurant chain, with each restaurant
operating under a franchise agreement.
Give two examples of channel conflicts that can emerge and
propose countermeasures to solve these conf
Two examples of channel conflict that can emerge in a restaurant chain operating under a franchise agreement are pricing conflicts & territorial conflicts. To solve these conflicts, countermeasures can include implementing standardized pricing policies across all franchise locations and clearly defining and allocating exclusive territories to each franchisee.
In a restaurant chain operating under a franchise agreement, two examples of channel conflicts that can emerge are pricing conflict and territory conflicts. Pricing conflicts may arise when different franchisees within the chain compete by offering different prices for the same menu items, potentially leading to customer confusion and dissatisfaction. To solve pricing conflicts, the company can establish a standardized pricing policy that applies to all franchise locations, ensuring consistency and fairness. Clear guidelines and communication channels can be established to address territory conflicts, enabling franchisees to resolve disputes and seek approval for expansion plans in a collaborative manner.
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office administration.Prepare for filling in order.
This (office administration) simply means to arrange the above in alphabetical order like this;
An Apple SpotA1 TaxiDriveByFine Foods LtdFirst Caribbean BankMalcolm Stephens & SonsNorth Eastern Funeral AssociationPortsmouth Police StationSt. John's Primary School21 Century Printers.What is office administration?Within a company, office administration is a collection of day-to-day operations connected to the upkeep of an office building, financial planning, record keeping and billing, personal development, physical distribution, and logistics.
Finally, administrative abilities are connected to corporate operations and enhancing office productivity. Communication and organizational abilities, as well as project management, bookkeeping, and time management skills, are among them.
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hyundai positions itself as an affordable option in the automobile market by offering lower-cost, high quality automobiles with extended warranties and impeccable service. hyundai’s is using which positioning approach?
By offering affordable yet high quality cars to its customers, Hyundai is engaging in the positioning approach of a. positioning based on value.
When a company uses the value positioning approach, they:
Offer high quality products and servicesTry to capture the loyalty of their customers by offering a better product than othersHyundai is offering cars that are of a high quality with extended warranties and on top of that, offer impeccable service as well. They are therefore offering their clients, high quality products and services.
We can therefore conclude that Hyundai is using the value based positioning approach.
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Options for this question include:
a. positioning based on value
b. positioning based on symbolism
c. positioning against a specific competitor
d. positioning using perceptual mapping
Wholefoods structures is organisation in an decentralized manner . What does that mean for the company's operation?
Answer and Explanation:
Decentralized means the process in which the activities of an organization should be in delegation, While on the other hand, the centralized organization contains the operations that comes out from the central person that has the authority over the person or a group. Moreover, the decentralized organization is more independent for making out the decision without having any delegation for the tasks
Use the credit card information below and the designated method of computing interest to fill in the blanks.
Adjusted Balance Method
Interest $
New Balance
The issuer adds up the initial balances for each day of the billing cycle and deducts any credit card made to your account on that day to determine the sum payable. Cash advances are normally included in the balance.
Which approach of calculating a credit card debt ignores the purchase?Customers that use the adjusted balance technique receive a grace period before making new purchases because recent purchases aren't taken into account when calculating the adjusted balance.
How should the finance charge be calculated using the average daily balance method?The average daily balance is calculated by adding up the balances for each day of the billing cycle and dividing the result by the total number of days in the period.
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I want to start my own brand & build a fashion empire. Should I go to a fashion college or to a business school?
Answer:
Honestly, business would be much better for you. Learning business will give you many more opportunities and learn how to sell your products. Business will help you with marketing, pricing, discounting, and know how to "not get effed over." I believe that would be much better for you THEN go to fashion college.
skills are the most important for accountants when presenting their
work to clients.
O A. Communication
O B. Multitasking
OC. Social media
OD. Math
(1) State which marketing environment affected Xerox's operation. (1mks)
(b) From your answer above, discuss which specific area from that particular enviroment affected how Xerox conducted business. (5mks)
Answer a:
Clearly, Xerox had one major issue concerning its marketing environment.
Due to technological changes, i's primary market was shifting and changing. Xerox didn't see it. Perhaps they did and decided it (the changes that is) not
Explanation:
One keyword or practice or culture or capability that was missing in Xerox was adaptability. Had they envisaged the future and created some internal structure to gradually cater to the changing requirements of their client base, they'd probably still be in business today.
So in a way, it wasn't really the change in the market that affected Xerox. It was Xerox' inability to respond to such changes that did it in. At some point, it became apparent to investors that Xerox was incapable to move with the next tide. They withdrew their funds, sold their shares and the rest is history.
Answer b:
The major area that affected how Xerox conducted business is the technology enviriomment.
Explanation
Due to the availability of technology which made it possible, peoples mindset were beginning to shift from keeping hard copies and or duplicating them to keeping electronic copies.
Two things made this idea very attractive:
1. It reduced cost greatly. In every era, cost reduction has always been an attractive business proposition for companies in any sector or subsector. As firms discovered they could cut down by keeping electronic copies of their documents, the idea quickly caught on. And so did the profits made by the renowned copier decline.
2. Another factor strenghtened the decline in making and keeping hard copies of documents is the ideology that the more papers we made, the more we were damaging our environment.
Companies that quickly adjusted even used their paper reduction efforts as a unique selling marketing proposition.
Cheers
What two things should be included when summarizing?
1.Numbers
2.Main idea
3.Key points
4.Names
what are different formulas for valuing portfolios of assets, assuming different correlations between different assets?
Portfolio variance is used to assess the covariance or correlation coefficients for the stocks in a portfolio. The variance of a portfolio generally decreases when the correlation between its securities decreases.
What impact does the correlation between two assets have on a portfolio's risk?By selecting the asset pair with lower correlation when two asset pairings offer the same return at the same risk, the overall risk of the portfolio is reduced.
What does asset correlation actually mean?Asset correlation tracks how investments move relative to one another. When assets move simultaneously in the same direction, there is a positive correlation. When one of two assets consistently rises while the other falls, the two assets are said to be adversely correlated.
What effect does correlation have on the standard deviation of a portfolio?Securities with a positive correlation reduce the portfolio's standard deviation. If there is a lesser correlation between the return on each investment in the portfolio, the risk of the portfolio would be lower as well as the benefits of diversification will indeed be greater.
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According to Keynesian theory, what is the most important determinant of households' spending on goods and services
A) Autonomous consumption
B) Government spending
C) The price level
D) The interest rate
E) Disposable income
Distinguish clearly between: (i) Coercion and undue influence (ii) misrepresentation and fraud (8) termination of contract by convenient (iv) novation
(i) Coercion and undue influence: Coercion refers to the use of force or threats to make someone enter into a contract against their will. Undue influence, on the other hand, occurs when one party takes advantage of a position of power to persuade or manipulate the other party into entering a contract.
(ii) Misrepresentation and fraud: Misrepresentation involves making false statements or providing incorrect information that induces someone to enter into a contract. Fraud, on the other hand, involves intentional deception, where one party deliberately misrepresents facts to deceive the other party and induce them to enter into a contract.
(iii) Termination of contract by convenience: Termination of contract by convenience refers to a contractual provision that allows one or both parties to terminate the contract without breaching it. This provision is typically included to provide flexibility and allows termination for reasons that may not be explicitly stated in the contract.
(iv) Novation: Novation refers to the substitution of an existing contract with a new contract that involves the replacement of one or more parties. It requires the mutual agreement of all parties involved and typically releases the original party from their obligations under the original contract while introducing new parties with their own rights and obligations.
(i) Coercion and undue influence both involve influencing someone to enter into a contract, but the key difference lies in the nature of influence. Coercion involves using force or threats, while undue influence occurs when one party takes advantage of their position of power. Coercion is evident when there is clear physical or psychological pressure, whereas undue influence is more subtle and manipulative.
(ii) Misrepresentation and fraud both involve false information leading to a contract, but fraud involves intentional deception, while misrepresentation can occur without malicious intent. Misrepresentation may be due to negligence or innocent mistake, whereas fraud involves a deliberate act of deceit with the intention to mislead the other party.
(iii) Termination of contract by convenience allows for termination without breaching the contract. This provision is commonly included to provide flexibility to the parties involved. It enables termination for reasons that may not have been anticipated or explicitly stated in the contract. It typically requires a notice period and ensures that the terminating party is not liable for damages or breaches of contract.
(iv) Novation is a contractual mechanism for substituting parties in a contract. It involves the mutual agreement of all parties and replaces the original contract with a new one. Novation releases the original party from their obligations and introduces new parties who assume the rights and obligations of the replaced party. It allows for changes in the contractual relationship without completely terminating the agreement.
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Jules and Johnson are partners, each with $62,700 in their partnership capital accounts. Kwon is admitted to the partnership by investing $62,700 cash. Prepare the entry to show Kwon’s admission to the partnership.
Given: Jules and Johnson are partners, each with $62,700 in their partnership capital accounts. Kwon is admitted to the partnership by investing $62,700 cash. To show Kwon's admission to the partnership, the following journal entry will be recorded: Entry to be recorded in the books of Jules, Johnson and K won:
Particulars Amount($) Particulars Amount($)Cash A/c (Kwon's investment) 62,700 Kwon’s Capital A/c 62,700(Being Kwon admitted to the partnership by investing cash)In this entry, the amount of cash brought in by Kwon will be credited to Cash Account, and his Capital Account will be debited with the same amount. In this way, Kwon's admission will be recorded in the books of Jules, Johnson, and Kwon.
Jules and Johnson are partners, each with $62,700 in their partnership capital accounts. Kwon is admitted to the partnership by investing $62,700 cash. Prepare the entry to show Kwon’s admission to the partnership. Jules and Johnson are partners, each with $62,700 in their partnership capital accounts. Kwon is admitted to the partnership by investing $62,700 cash. Prepare the entry to show Kwonâ €™s admission to the partnership.
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What is the best way to encourage customers to come back to your site?
A.Stalk them.
B.Use direct mail.
C.Post viral videos.
D.Treat them like they're special.
Answer:
D because they will feel like they are being cared about and will come back
A producer is someone who _____________. A. Makes a commodity available for sale or exchange B. Buys or trades in order to receive a commodity C. Is in the market for a commodity D. Receives a commodity from a business
Answer:
The correct answer is C because the producer creates products so they can sell it to other countries or places.
Explanation:
Answer:
A Makes a commodity available for sale or exchange
Explanation:
correct on edge