On feb. 2, 20-0, bought goods for cash N10,000.00 ​

Answers

Answer 1

Answer:

I am unsure of what the question demands but in case it is a journal entry, it will be shown as:

Date                     Account Title                                         Debit             Credit

Feb, 2, 20-0         Inventory                                             N10,000

                             Cash                                                                           N10,000

Cash will be credited because assets are credited when they decrease and Inventory will be debited because assets are debited when they increase.


Related Questions

Creative Sound Systems sold investments, land, and its own common stock for $34.0 million, $14.6 million, and $39.2 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $20.6 million, $24.6 million, and $11.6 million, respectively. What amount should the company report as net cash flows from investing activities

Answers

Answer:Net cash flows provided by investing activities =$12.4 million

Explanation:

Net cash flows from investing activities for Creative Sound Systems:

Cash inflow from sale of investments                           $34.0million

Add: Cash inflow from sale of land                                  $14.6 million

less: Cash outflow from purchase of equipment          ($24.6million)

less :Cash outflow from purchase of patent                   ($11.6million)

Net cash flows provided by investing activities      $12.4 million

A FEATURE FILM PROMOTING ENTREPRENEURSHIP SOLD ALMOST HALF OF THE TOTAL TICKETS. TICKETS WERE PRICED AT PHP 75 FOR STUDENTS. IF THE AMOUNT COLLECTED FROM THE TICKETS WAS PHP 11,250,HOW MANY TICKETS OF STUDENTS WERE SOLD?​

Answers

Answer:

150 tickets

Explanation:

Writing out needed parameters :

Price per student ticket (price of one student ticket) = PHP 75

The total revenue made from ticket sales ; (Total amount earned from the sale of student tickets) = PHP 11,250

The number of student tickets sold will be:

Total amout earned from sale / cost per ticket

PHP 11250 / PHP 75

= 150 tickets

The Phillips family has a joint gross monthly income of $11,300. The $499 lease payment for their car expires in four months. A student loan that has been deferred will kick in at the end of the year, and payments will be $210 monthly. Joe Phillips pays child support for his children with his first wife in the amount of $2,200 per month, but $600 of that will drop off in four months when his oldest son turns 18. They are buying a new home with a loan that carries a $2,700 a month payment. What is their housing ratio

Answers

Answer:

24%

Explanation:

Calculation to determine their housing ratio

Using this formula

Housing ratio= Housing expenses / Gross monthly income

Let plug in the formula

Housing ratio= $2,700/ $11,300

Housing ratio= 24%

Therefore their housing ratio is 24%

Evaluate the current financial performance of eskom​

Answers

Answer:

Eskom Holdings SOC Limited dominates the electrical business in South Africa (Eskom).

They provide a significant amount of power for the country, accounting for over 95% of all power in South Africa.

In the first half of the 2018/19 financial year, Eskom made a profit of $48.05 million, down 89 percent from the previous year.

Higher borrowing expenses, higher gasoline prices, and increased staffing costs, they claimed, were to blame for the earnings dip.

Explanation:

Hope this helps!

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Noah's Ark is a successful child care center. It focuses on actively developing, finding, and communicating new knowledge to its employees so that workers can modify their behavior to reflect this new knowledge. Noah's Ark is an example of a(n) ________ organization. Group of answer choices customer-focused research innovative learning evolving

Answers

Answer:

learning

Explanation:

Since in the given situation it is mentioned that the child care center focused on the developing, communicating the new knowledge in order to modify the behavior so here this means that it have the learning environment in the child care center so that everyone could aware of anything also they have dont any problem regarding it. Moreover it increased the skills also

Therefore as per the given situation, the above should be the answer

The HR recruiting specialist and line managers at Clearwater Electronics work closely together when hiring new employees . The line managers are ultimately responsible for the final selection of a new employee , but the HR recruiting specialist serves an important role by providing information about potential employees and arranging for interviews . Why is this service helpful to the line managers ? The recruiting specialist can help the line managers from rushing the hire because there is an immediate need to fill positions The recruiting specialist can help the line managers from expecting too much too soon from new employees . The recruiting specialist can help the line managers from interviewing applicants who are not qualified for the positions . The recruiting specialist can help the line managers from relying too much on the interview , a common recruiting pitfall .

Answers

Answer: The recruiting specialist can help the line managers from interviewing applicants who are not qualified for the positions .

Explanation:

Since the line managers are responsible for the final selection of a new employee while the HR recruiting specialist gives information about potential employees and arranging for interviews, then the recruiting specialist can help the line managers from interviewing applicants who are not qualified for the positions.

By getting information from the potential employees, the recruiting specialist can know the people who are qualified for the job and possess the necessary requirements for the job and those who aren't qualified.

Choose the false statement about the Building and Personal Property Coverage Form. A Personal property owned and used to service the building is included in the building coverage B Tenant's improvements that are not legally removable are included in the Personal Property of Others Coverage C Personal property of others that is in the insured's care, custody, and control is automatically included up to $2,500 under coverage extensions D Building Coverage includes the building structure, completed additions, permanently installed fixtures, machinery and equipment

Answers

Answer: Tenant's improvements that are not legally removable are included in the Personal Property of Others Coverage

Explanation:

The false statement about the Building and Personal Property Coverage Form is that "Tenant's improvements that are not legally removable are included in the Personal Property of Others Coverage"

The above is incorrect. This is because the Tenants Improvements and Betterments are not covered under the

Personal Property of Others Coverage but rather, they are covered in the Business Personal Property.

class 12 accounts chapter 1 npo additional questions​

Answers

what’s the question ??

Yuto owns a souvenir shop in Tokyo. He wants to reach English speaking tourists in his city during certain hours of the day. Which three areas of his Search campaign does Yuto need to adjust to achieve this goal? (Choose three.) Select All Correct Responses Location targeting Ad scheduling

Answers

Answer: Ad scheduling, location targeting and language targeting

Explanation:

These are the three things Yuto should consider for his souvenir store in Tokyo;

1) Ad scheduling: this would be described as having a program where Ads are carried out. This is arranging all Ads especially for various sector of product and for various days.

2) Location targeting; this is having an idea of your target market and maximizing meetings with them, ensuring that you are heard or seen by various means of communication.

3) Language targeting; this is trying to reach out to those who speak a particular language by speaking same language with them inorder to promote your product.

A message sent by an HR manager asking all employees to submit details about overtime done in the previous quarter is an example of routine request

Answers

Answer:

D) information or action

Explanation:

These are the options for the question

A) settlements to claims

B) recommendations

C) adjustments

D) information or action

E) references

Routine request can be regarded as a request for information, which is been contained in case files, indices,schedules as well as dockets that doesn't look for impounded as well as confidential and sealed information.

When sending a routine email

that give recognizion for a job that is well done, the following should be included;

✓rationale that state work important of the work.

✓closing statement which encourages continued excellence.

✓specific descriptionthat explain purpose of the message.

It should be noted that message sent by an HR manager asking all employees to submit details about overtime done in the previous quarter is an example of routine request information or action

Deet, an unmarried taxpayer, qualified to itemize deductions. Deet's adjusted gross income was $40,000 and he made a $1,500 substantiated cash donation directly to a needy family. In the same year, Deet also donated art, valued at $11,000, to a local art museum. Deet had purchased the artwork two years earlier for $2,000. What was the maximum amount of the charitable contribution allowable as an itemized deduction on Deet's income tax return

Answers

Answer:

$11,000

Explanation:

Based on the information given What will be the MAXIMUM AMOUNT OF THE CHARITABLE CONTRIBUTION ALLOWABLE as an itemized deduction on Deet's income tax return will be the amount of $11,000 which represent the amount the art value that Deet donated to the local art museum which was valued at $11,000.

Therefore the maximum amount of the charitable contribution allowable as an itemized deduction on Deet's income tax return is $11,000

Pinetops Resorts, an American company, sells the rights to other hospitality companies globally to open resorts with the Pinetops name for a fee and a share of the profit, in return for using Pinetops' brand name and a package of materials and services. Pinetops is engaged in Group of answer choices importing. countertrading. exporting. franchising. offshoring.

Answers

Answer:

franchising

Explanation:

Since in the given situation, the resorts should sold the rights to other companies for a fee and the share profit and in return they used the brand name and material & service packaging

So here the resort should be engaged in franchising as in the franchising the right is given to others for use the name

therefore the second last option is correct

Pinetops is engaging in "Franchising". A further explanation is provided below.

The franchisor seems to be the shareholder of the commercial enterprise that offers a particular item or brand, and the franchisee would be the individual who has been granted permission to use the brand, and so on. among the manufacturer.

The other four options such as:

Importing: Goods or services purchased from one nation inside another.Counter trading: An alternate method to structure overseas sales if there are difficult or inexistent standard ways of payments.Exporting: Value proposition manufactured throughout one country however marketed to an international purchaser.Offshoring: Praxis wherein the products are obtained from all other countries or manufacturing transferred towards another nation.

These options are not related to the given scenario. Thus the above answer is correct.

Learn more about Franchising here:

https://brainly.com/question/14784942

A third-grade bilingual teacher, Mr. Rivas, reads aloud a procedure for a student science investigation. After reading aloud the procedure, he notices that the students are confused about how to begin their investigation. Mr. Rivas then decides to repeat the procedure step-by-step, modifying the language used in the written instructions so that it is more comprehensible to the students. Which of the following does Mr. Rivas best demonstrate by modifying the lesson?
A. Scaffolding instructional technique
B. Reciprocal teaching instructional technique
C. Sheltered English instructional strategy
D. Concept attainment instructional strategy

Answers

Answer:

Sheltered English instructional strategy

Explanation:

Sheltered Instruction

This is simply defined as a devised method to teaching English language learners which uses second language

acquisition strategies along with content area instruction. It is a known way for making grade-level content more available for ELLs while improving English language development.

It uses;

1. Second language acquisition strategies when teaching content area instruction

2. It is Content-based

3. It makes content to be easily understood for EL while developing English proficiency.

4. It does integrate language and content while inputting also socio-cultural awareness.

Sheltered English instructional strategy simply enhance or modifying english and simplify it thereby making the students to understand it.

HELP! D:<
Which are advantages of a partnership? (Check all that apply)
O sharing of profits with hundreds of stockholders
O more flexibility with time than a sole proprietorship
O potential conflict with partners
O shared liability

Answers

Answer:

O sharing of profits with hundreds of stockholders

O more flexibility with time than a sole proprietorship

O shared liability

Explanation:

In a business association, you can divide the benefits any way you need, under one condition—all colleagues should be in arrangement about benefit sharing. You can decide to divide the benefits similarly, or each accomplice can get an alternate base compensation and afterward the accomplices will divide any leftover benefits.

In a sole proprietorship, you do not have a lot of business uncertainity. You can also divide your shares and let other people have some of them. Unlike the diadvantages of not having a partnership, the liability is divide among all the shareholders.

According to the liquidity premium theory of the term structure, A. the interest rate on long-term bonds will equal an average of short-term interest rates that people expect to occur over the life of the long-term bonds plus a liquidity premium. B. buyers of bonds may prefer bonds of one maturity over another, yet interest rates on bonds of different maturities move together over time. C. even with a positive liquidity premium, if future short-term interest rates are expected to fall significantly, then the yield curve will be downward-sloping. D. all of the above. E. only A and B of the above.

Answers

Answer: D. all of the above.

Explanation:

The liquidity premium is the amount that is added to the interest rate in order to compensate investors for buying longer term and less liquid securities. This is why the interest rates on log-term bonds include a liquidity premium.

It is true that depending on preference, buyers of bonds prefer to buy one maturity over another but overall, the interest rates on different maturities move together in that an increase in the short term would see an increase in the long term.

Even if the liquidity premium is positive in order to compensate investors for longer maturities, it would not be enough to pull the interest rates up if they are falling significantly which would lead to a downward - sloping yield curve.

What is a disadvantage of solar thermal systems?Question 10 options: There are some direct emissions of CO2 and other air pollutants. There are high costs associated with the necessary natural gas turbine backups. There is low potential for growth. The systems have low net energy yield and high costs. The high technology requirements could displace jobs for local workers.

Answers

Answer:

The systems have low net energy yield and high costs.

Explanation:

In the case of the solar thermal power/electric generation systems it collects and concentrate the sunlight in order to generate the heat of high temperature so that the electricity could be generated. It mainly have two components i.e. reflectors and the focus sunlight

So the disadvantage of this is that it develops the less net energy yield also it cost is high so not everyone could afford it

A broker and the buyers he represents are anxiously awaiting the closing on their new home. The closing is scheduled in 4 days. The buyers inform the broker that they just received revised Loan Estimate and Closing Disclosure forms from the lender, indicating the Annual Percentage Rate on their loan has increased by 0.3%. Based on the TILA-RESPA Integrated Disclosure rule, what action should the broker take in this situation

Answers

Answer: Confirm with the seller's broker, the lender and the closing entity that the closing must be delayed to allow for a new seven-day waiting period because of the interest rate revision.

Explanation:

The TILA-RESPA Integrated Disclosure rule, helps in dictating the information which the mortgage lenders are expectes to give to the borrowers and also when such information must be provided.

Based on the TILA-RESPA Integrated Disclosure rule, the action that the broker should in this situation is for the broker to confirm with the broker of the seller, the lender and also the closing entity that there must be a delay in the closing in order to give room for a new seven-day waiting period due to the revision in the interest rate.

The church you go to every Sunday is made up of people who have very different lifestyles and are at different stages in their life. Joanna is a 23-year-old single parent who works for minimum wage and shifts from motel to motel for accommodation. Josephine is a single, 45-year-old woman who earns a decent salary and has few interests and friends outside her office. Jonathan is 60 years old, extremely wealthy, has a loving family, and enjoys his work. You have decided to apply Maslow's hierarchy of needs to determine what motivates each of these individuals.
2) Which of the following needs would most likely motivate Joanna?
A) social
B) esteem
C) physiological
D) self-actualization
E) safety-security
Answer:
3) Which of the following needs would most likely motivate Josephine?
A) social-belongingness
B) esteem
C) physiological
D) self-actualization
E) safety-security
Answer:

Answers

Answer: C for Joanna and I think A for Josephine

Explanation:

The first step of a competitive strength assessment is to Multiple choice question. determine the company's overall net competitive advantage or disadvantage. conduct a SWOT analysis of the company. make a list of all competing firms in the industry. determine all of the industry factors that contribute to a firm's competitive strength or weakness.

Answers

Answer:

determine all of the industry factors that contribute to a firm's competitive strength or weakness.

Explanation:

A competitive strength assessment represent the assestment related to the strength & weakness of an individual or the company with the present and the rivalry. This knowledge could be used for the efforts made in order to improving out the weakness of an individual

So as per the given situation, the last option should be correct

which is not an example of transfer income.
a) dividend
b) rent
c) pensions
d) scholarship grant to students​

Answers

Answer:

A - dividen

Explanation:

A is the answet

define term total utility and marginal utility​

Answers

Term total utility: The utility is the satisfaction that an individual derives from consuming a good or service. Similarly, total utility is the total satisfaction received from consuming a given total quantity of a good or service.

Marginal utility: Marginal utility is the added satisfaction a consumer gets from having one more unit of a good or service. The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase. ... Marginal utility can be positive, zero, or negative.

You are part of a group, making a decision about whether it is appropriate to discontinue research on a new drug. This new drug would save lives, but it is uncertain whether you can develop it within a reasonable time frame and at a reasonable cost. Your firm has already spent a small fortune on this drug. You have gathered so much information in preparation to making the decision that you are unable to sort the good information from the superfluous data. You just feel that this project has merit. What form of decision making are you using if you decide to continue the project because you feel that the project has merit

Answers

Answer: An escalation of commitment

Explanation:

Carrying out projects can be capital, time and energy intensive. Most times they could result to a positive progress or result and other times they may not but the area of changing minds on a project that has had a great ton of investment is usually hard except there is nothing that would be gotten from it. When so much time and resources has been put into a project and there is no plan for a change such commitment is called an escalation of commitment

Jensen reported the following items during the current year: Fair rent value of a condominium owned by Jensen's employer $ 1,400 Cash found in a desk purchased for $30 at a flea market 400 Inheritance 11,000 The employer allowed Jensen to use the condominium for free in recognition of outstanding achievement. Based on this information, what is Jensen's gross income for the year

Answers

Answer:

$1,800

Explanation:

Calculation to determine Jensen's gross income for the year

Using this formula

Gross income for the year=Fair rent value +Cash found

Let plug in the formula

Gross income for the year=$1,400+$400

Gross income for the year=$1,800

Therefore Jensen's gross income for the year is $1,800

Stock prices tend to ignore unexpected changes in dividend payments. Companies prefer to cut dividend payments rather than borrow money to fund a short-term cash need. Maintaining a steady dividend is a key goal of most dividend-paying companies. Share repurchases tend to increase agency costs. Short-term fluctuations in cash flows are the key factor in determining a company's dividend policy

Answers

Answer: B. Maintaining a steady dividend is a key goal of most dividend-paying companies.

Explanation:

Companies that pay dividends prefer in general, to maintain a steady dividend overtime. This does not necessarily mean that they will pay the same amount of dividend but rather that they will pay out dividends as within a certain percentage range of the net income.

Companies do not prefer to cut dividends so as not to send the wrong message so A is wrong. Share repurchases reduces agency costs so C is wrong. Short term fluctuations in cash flow are not the key favor in determining dividend policy as the company might still pay out the same regardless so this is wrong as well. Option B is the best answer.

Last year, you purchased a stock at a price of $52.00 a share. Over the course of the year, you received $1.70 per share in dividends and inflation averaged 2.2 percent. Today, you sold your shares for $56.60 a share. What is your approximate real rate of return on this investment?

Answers

Answer:

9.915 %

Explanation:

Rate of return = ($56.6 - $52 + $1.70)/ $52 * 100

Rate of return = 0.121154 * 100

Rate of return = 12.115%

Inflation = 2.2 %

Real rate of return = 12.115% - 2.2%

Real rate of return = 9.915 %

An increase in the fixed asset turnover ratio from 2.0 to 2.7 indicates a.an unfavorable change in the efficiency of using cash to generate sales. b.an unfavorable change in the efficiency of using fixed assets to pay down debt. c.a favorable change in the efficiency of using fixed assets to generate sales. d.an unfavorable change in the efficiency of using fixed assets to generate sales.

Answers

Answer:

c

Explanation:

Fixed asset turnover is an example of an activity ratio

Activity ratios calculate the efficiency of performing daily task of a firm

Fixed asset turnover = revenue / average net fixed assets

average net fixed assets = cost of asset - accumulated depreciation

If Fixed asset turnover increases it means that less fixed asset is generating higher revenue. this is a favourable change as it means efficiency has increased

Due to increased corporate responsibilities, the manager of a sporting goods store has asked the assistant manager to take responsibility for screening and hiring new sales associates. The manager is allowing the assistant to make the decisions independently, but has scheduled weekly meetings for the two to discuss any issues of concern and to provide insight, if needed. The manager is demonstrating which desirable retailing attribute?
A. Prioritizing
B. Leadership
C. Creativity
D. Laziness

Answers

Answer:

B. Leadership

Explanation:

Leadership is the art for encouraging the people towards attaining a common goal. In this, it give directions to the workers & colleagues in order to meet out the needs of the company by having a strategy.

Since in the question it is mentioned that manager permit the assitant to make the decision but also scheduled the weekly meeting

So here the manager represent the leadership attribute

The International Finance Corporation (IFC) performs which of the following functions? a. Provide loans and take equity position in private companies of developing countries and works toward developing capital markets in those economies b. Supports reconstruction and restructuring of member countries utilizing funds raised in international capital markets c. Provides long-term low-interest social sector and infrastructure loans to the poorest members utilizing foreign aid funds provided by rich nation members d. Works on issues related to foreign investment disputes e. Provides political risk coverage for private investments made in developing countries

Answers

Answer:

a). Provide loans and take an equity position in private companies of developing countries and works toward developing capital markets in those economies.

Explanation:

The key functions of IFC(International Finance Corporation) include 'offering loans and getting a hold on the equity stand in the private sector companies established in developing countries in order to build capital in such economies.' It also assists these countries in attaining sustainable growth and development by providing these financial fundings, deploying capital effectively, and proffering counseling services to these nations and the private businesses running across the country. Thus, option a is the correct answer.

Use the drop-down menus to complete the steps for creating a subform.


1. Open the form in the view.


2. Zoom in to make the form easier to see as needed.


3. Under Form Design Tools, open the tab.


4. Click the Subform/Subreport button.


5. Place the cursor at an insertion point, and to create a space for the subform.


6. The will open to allow you to add fields.


7. Click Finish.
ANSWERS: Design, Design Tab, Click and Drag, Subform Wizard

Answers

Answer: Design, Design Tab, Click and Drag, Subform Wizard

Explanation: just did it

design, design, click and drag, subform wizard

3 · 32 + 8 ÷ 2 − (4 + 3)

A.
30
B.
23
C.
24
D.
32

Answers

3. The answer is 24 [c]

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