Business, 29.10.2020 16:40 HannahJuik

Consider the following information: Cash: $10,000 Accounts Payable: $3,000 Accounts Receivable: $2,000 Office Supplies: $1,000 Furniture: $15,000 Notes Payable: $10,000 Equity: $5000 From the above set of data, what is the total for assets, liabilities, and equity

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 00:30

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

Answers: 1

Answer

Business, 22.06.2019 03:10

Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work

Answers: 3

Answer

Business, 22.06.2019 08:00

Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit

Answers: 2

Answer

Business, 22.06.2019 12:50

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.

Answers: 3

Answer

You know the right answer?

Consider the following information: Cash: $10,000 Accounts Payable: $3,000 Accounts Receivable: $2,0...

Questions