commenced business by Sarita with her bank balance 100000 and furniture 100000​

Answers

Answer 1

Answer:

see below

Explanation:

This transaction increases the bank balance ( asset account) by 100,000 and furniture account( asset account) by 100,000.

Capital account increases by 200,000. An increase in assets is a debits while an increase in capital is credited.

The journal entry will be as follows

Bank A/C   Dr. 100,000

Furniture A/C Dr. 100,000

Capital   A/C                  Cr. 200,000  

Answer 2

Answer:

200,000

Explanation:


Related Questions

Deb, a licensee, is unhappy with the marketing materials a local company produced. While having coffee with Irving, a licensee with another firm, she tells him about her troubles and recommends he not do business with this company. Irving agrees and even volunteers to spread the word among his colleagues. What's this an example of

Answers

Explanation:

What would be considered evidence of the agency relationship between broker and seller? The listing agent is informed by the seller that, when it rains, the basement gets wet. The agent says nothing to the buyer. ... The agent may be liable to the seller for breach of duty.

An Investment Adviser Representative buys shares of ABC in his own personal account and then contacts his clients and advises them to buy ABC. This practice is known as

Answers

Answer:

Front running

Explanation:

In simple words, Front-running can be understood as the broker's selling in stock items or some other ongoing financial commodity that has insider information of a potential sale that is going to greatly impact its value. A broker might be front-running on the basis of insider information that his or her business is about to present customers with a buy or sell suggestion that would almost definitely impact an investment's price.

The contract provision that says the buyer accepts the property along with any covenants, restrictions, easements, and zoning laws is called what

Answers

Answer:

Subject to clause.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation that is enforceable by law.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

In a nutshell, mutual assent connotes agreement, acceptance and consent to a contract by both parties.

Hence, the contract provision that says the buyer accepts the property along with any covenants, restrictions, easements, and zoning laws is called subject to clause.

Under a subject to clause, the buyer shall agree to the terms and conditions binding or set forth in the contract by the seller.

This ultimately implies that, there exist an agreement to sell and purchase by the two (2) parties (seller and buyer).

Half of brainly rn
...............

Answers

Answer:

it is one-fourth of the no whose half is taken

Answer:

brainliest please :)

Explanation:

What is the most likely reason why a sales associate sets appointments with the seller using a range of time rather than a specific time

Answers

Answer:

Which transaction using Florida Realtors/Florida Bar Residential Contact for sale and purchase would be Most appropriate? Sale of a house. A man is making an offer for a new home.

a service was performed for a client with payment due in 30 days what accounts are affected

a) debit Capital, Credit bank
b) debit accounts receivable, credit capital
c) debit Bank, credit accounts receivable
d) credit accounts payable, debit capital ​

Answers

Answer:

b) debit accounts receivable, credit capital

Explanation:

Performing service is part of normal business activities. It generates revenue for the business.

Once a service has been performed, revenue increases. Revenue is an equity account (it increases the owner's equity). An increase to an equity account is recorded by crediting the account.

The payment will be received in 30 days. This is an increase in accounts receivables ( asset account). An increase in assets is recorded as a debit.

The Federal Reserve carries out open-market operations, buying $2 million worth of Treasury Bills from banks. This action increased the money supply by $3 million. Assuming that the currency-deposit ratio for the U.S. economy is 1.20, determine what percent of deposits the banks hold as reserves.

Answers

Answer:

67%

Explanation:

Money supply = Money multiplier * Deposit worth

3 = Money multiplier * 2

Money multiplier = 3/2

Money multiplier = 1.5

Now, Money multiplier = 1 / Reserve ratio

1.5 = 1 / Reserve ratio

Reserve ratio = 1/1.5

Reserve ratio = 0.6667

Reserve ratio = 67%

So, the percent of deposits the banks hold as reserves is 67%

Which paraphrases correctly matches a specific type of loan with the broader category it best fits?

A. Cash advance - short- term loan
B. Mortgage - short -term loan
C. Line of credit - Long- term loan
D. Credit card - alternative financing

Answers

The paraphrase successfully suits a particular kind of mortgage with a broader class of cash advance-short-time period.

What is a short-time loan?

A quick time period mortgage is a kind of mortgage that is received to guide a transient non-public or commercial enterprise capital need.

As it's a kind of credit, it includes repaying the precept quantity with a hobby by a given due date, which is typically within a year of getting the mortgage.

Short-term loans are so named because of how quickly the mortgage must be paid off. In most cases, it should be paid off within six months to a year – at maximum, 18 months.

Any longer mortgage time period than this is taken into consideration as a medium time period or long time mortgage. Long-term loans can be completed for periods ranging from a few months to twenty-five years.

Some quick time period loans don’t specify a fee schedule or a particular due date. They truly enable the borrower to repay the mortgage at their own pace.

So, from the above statement, it's clear that choice A, Cash Advance-Short-Time Period Mortgage, is the appropriate choice.

Learn more about short-time loan, refer to:

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Answer:it’s A

Explanation:

Did the test foo

The industries which provide support services to other industries are known as
(a) Primary industries
(b) Secondary industries
(c) Commercial industries
(d) Tertiary industries​

Answers

Answer:

It's known as Tertiary industries

To prevent problems, companies that enlist customers as co-producers must do all of the following except _____ .


rigorously train guest-contact employees

provide a well-designed system and setting that is easy for customers to negotiate

provide detailed instruction for guests when appropriate

create the right brand

Answers

Answer:

If I were to guess it would be D sorry if its wrong

PLEASE HELPPP 50 pts!

Your friend Jasmina is excited that you took personal finance this semester and comes to you for investing advice. She tells you: "I'm totally new to investing. I kind of know what a stock and bond are but I don't really know which specific ones to invest in. I remember playing the stock market game in school so I know the way to invest is to select individual stocks to put your money in! But, I don't know WHERE I go to actually start investing! When I started my job, our HR department told me that they offer a 401(k) plan and do a dollar-for-dollar match up to 3%...although I don't know what any of that actually means. I've also heard a lot of crazy stories in the news about individual stock prices just plummeting because of an unforeseen event, and I'm super worried that I'll lose my money. What should I do? Where do I start?"
In your response below, - Answer Jasmina's questions to make sure she gets the investing knowledge she's looking for - Clarify any misconceptions she has about investing - Identify what steps Jasmina can take to start investing. Make sure you explain why she should take these -steps and how they will set her up for success. - Identify steps she can take in the future once she's more comfortable with investing

what is Jasmina's Saving & Investing Plan: ​

Answers

Answer:

Her investing plan is saving up by finding a place to keep money you should probably worry on other things save up then spend if not you'll probably lose more money than needed find a place where they dont change much based on your money find a place where theres no scams you need to research to find a plan and a safe place.

Jasmina's saving & investing plan based on the available information we have, is to:

Find a trusted place where she can invest her money

According to the given question, we are asked to show the things which Jasmina is looking for as she hunts the best way to invest her money and get reasonable returns within a given time period.

As a result of this, we can see that some steps which she could take in order to be more comfortable when investing which are:

Doing her own personal researchUse a demo account Enable stop loss, etc

With this in mind, she would be less likely to fall into dubious schemes of people promising ridiculously high returns on investment that are really out to scam her and she would make a better informed decision.

Read more here:

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All are primary aspects of Western culture that author Margaret J. Wheatley believes are responsible for management except _____ .


competition

a mechanistic worldview

democratic principles

individualism

Answers

Answer:

a mechanistic worldview

Explanation:

According to Margaret J. Wheatley, the primary aspects of Western culture that are responsible for management are individualism, democratic principles, and competition.

Therefore, the oddity in the options given and the correct answer is B. a mechanistic worldview.

Which of the following are open-ended questions?


What problems are you having on the job?

What further training do you think you need?

How do you plan to achieve your goals?

All of the above

Answers

Answer:

all of the above sorry if its wrong

18. In the current year, Marc, a single taxpayer, has ordinary income of $35,000. In addition, he has $3,000 in short-term capital gains (STCG), short-term capital losses (STCL) of $6,000, and long-term capital gains (LTCG) of $4,000. What is Marc's adjusted gross income (AGI) for the current year

Answers

Answer:

$36,000

Explanation:

The computation of the adjusted gross income for the present year is as follows:

= Ordinary income + short term capital gain - short term capital loss + long term capital gain

= $35,000 + $3,000 - $6,000 + $4,000

= $36,000

Hence, the adjusted gross income for the present year is $36,000

The same is relevant

true or false The interest rate that the Fed pays on reserves acts as a ceiling on the federal funds rate. Question 5 options:

Answers

Answer:i would say it is true

what is sub overseers?​

Answers

Answer:

(Civil sub-overseer) is Pre diploma in civil engineering. The program is designed to prepare competent general civil sub-overseers equipped with knowledge, skills and attitude especially, in the area construction Engineering & Technology of building construction, water supply, irrigation and road and trail bridges sectors.

A DVD player with a list price of $100 is marked down 30%. If John gets an employee discount of 20% off the sale price, how much does John pay for the DVD player

Answers

Answer:

56

Explanation:

If it is 30 percent off 100 that makes it 70 dollars. Then an additional 20 percent off of 70 is 14 dollars. Then subtract 70 - 14 and you get 56!

2 Type the correct answer in the box. Spell all words correctly. Which law regulates online credit reporting in the United States? regulates online credit reporting in the US. ​

Answers

Answer:

The Fair Credit Reporting Act

Explanation:

The Fair Credit Reporting Act (FCRA) is the law that regulates online credit reporting in the United States. It was passed in 1970, and it helps in ensuring the privacy, fairness, and accuracy of the data in consumer credit bureau files. This law provides guidelines on the way credit bureaus can collect and share information on an individual customer.

The FCRA protects the rights of consumers to access their own credit reports.

mads im back umm if you see this pls answer

Answers

Answer:

what question....??

Explanation:

Explanation:

binod :((((((((((:)))))))))):(((((((:))))))))):

New Ventures Enterprises Inc. Is considering a proposal to invest 600,000 in new Cell Telephone Product. Production equipment which will be depreciated on a straight-line basis with a 6-year life, and no salvage value. The projected

Answers

Answer:

Note: The full question is attached as picture below

                    New Ventures Enterprises Inc.

                               Income Statement

Sales                                                              $565,000

Cost of goods sold

Variable manufacturing cost   $100,000

Direct labor cost                       $150,000

Fixed manufacturing cost        $52,500

Total cost of goods sold                                $302,500

Gross Profit                                                     $262,500

Operating Expenses

Selling and administrative                              $74,000

Operating profit                                               $188,500

Income tax expenses at 15%                           $28,275

Net Income                                                       $160,225

paid rs.5,500 to sabina and
received discount of Rs.500​

Answers

Answer:

5000 RS (THIS IS CORRECT)

Explanation:

5500-500

Answer:

Rs 5000

Explanation:

=5500-500

5000.....

What written document gives public notice that a mortgaged property may soon have a judgment issued against it

Answers

Answer: lis pendens

Explanation:

When problem-solving, a person should ask:
who.
how.
where.
why

Answers

these are true statements

In organizations, the buying function involves gathering and screening information about products and services, prices, and suppliers, which are known as

Answers

Answer:

Vendors

Explanation:

Vendor is a common word to describe a person or organization that is given the duty to procure, buy, or deliver products or commodities and services usually at wholesale rates based on agreements. An organization may however have its internal vendor.

In this case, the buying function in a firm including gathering and screening information about products and services, prices, and suppliers, are known as VENDORS

One way to control distractions is to_________. tell your passengers about them assume they will all go away make a list of all the ones you cannot control inventory the ones you can control

Answers

Answer:

Inventory the ones you can control

Explanation:

Distraction is simply anything that makes an individual to loose focus of what he or she is doing. It can be a form of absent minded trait. The distraction can be as a result of people, animals or things. Cognitive distraction as a form of distraction is simply a not focusing mentally on the primary task of driving.

One way to control distractions is to inventory the ones you can control, allowing you to identify and address them effectively, rather than assuming they will go away or focusing on ones you cannot control.

To "inventory" in this context means to create a comprehensive list or catalogue of distractions. It involves systematically identifying and documenting all the distractions that are present or likely to occur in a given situation or environment.

The purpose of inventorying distractions is to gain a better understanding of their nature, quantity, and impact. This process allows individuals to have a clear overview of the distractions they are facing, enabling them to develop strategies, prioritize actions, and make informed decisions on how to manage or mitigate those distractions effectively.

Learn more about inventory here:

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#SPJ6

Hello today January 1 happy new year​

Answers

Answer:

Happy New Year

Explanation:

Risks to a company that can result from outsourcing include: Question 3 options: Customers demanding higher quality and better service Loss of control over a product or process Increasing technological capabilities Lower costs A and B

Answers

Answer:

Loss of control over a product or process

Explanation:

Outsourcing is when third parties are employed to carry out some of the functions of an organisation. For example, an organisation may outsource its customer service agent job to third parties

Advantages of outsourcing

increased efficiencylower cost as the firm would invest less in infrastructure

Disadvantages of outsourcing

Loss of control over a product or process outsourced agents may lack adequate information on the business

Why do we say that credit is basically a loan?

Answers

Technically no, a loan is when you borrow money, credit score shows of you pay your bills on time and all that

Find the value of x^3+3x^2y+3xy^2+y^3 when x=3 & y=4​

Answers

Explanation:

Notice that x³ + 3x²y + 3xy²+ y³ is of the form

(x + y)³.

When x = 3 and y = 4,

(x + y)³ = [(3) + (4)]³ = 7³ = 343.

In business terms, what does I.T. stand for?


A. Insurance Trading

B. Independent Theory

C. Item Trading

D. Information Technology

Answers

In business terms I.T. stands for information technology!
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