Business, 20.09.2019 22:00 hannahliebl2000
Issued 28,000 shares of non-par common stock in exchange for $280,000 in cash. purchased equipment at a cost of $36,000. $9,000 cash was paid and a notes payable to the seller was signed for the balance owed. purchased inventory on account at a cost of $86,000. the company uses the perpetual inventory system. credit sales for the month totaled $110,000. the cost of the goods sold was $66,000. paid $4,000 in rent on the warehouse building for the month of march. paid $5,800 to an insurance company for fire and liability insurance for a one-year period beginning april 1, 2021. paid $66,000 on account for the merchandise purchased in 3. collected $49,500 from customers on account. recorded depreciation expense of $900 for the month on the equipment.
Answers: 1
Business, 21.06.2019 20:20
If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible policy response? cut taxes to encourage consumer spending invest in infrastructure increase government spending to stimulate the economy cut spending equal to the reduction in tax revenue what is a likely consequence of this policy? unemployment falls due to the economic stimulus. the negative consequences of the recession are magnified. consumer spending increases due to their ability to keep more of their after-tax income. there is hyperinflation due to an increase in aggregate demand.
Answers: 3
Business, 21.06.2019 23:30
Which term refers to the cost that motivates an economic decision
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Business, 22.06.2019 05:30
The hartman family is saving $400 monthly for ronald's college education. the family anticipates they will need to contribute $20,000 towards his first year of college, which is in 4 years .which best explain s whether the family will have enough money in 4 years ?
Answers: 1
Business, 22.06.2019 10:20
Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.
Answers: 1
Issued 28,000 shares of non-par common stock in exchange for $280,000 in cash. purchased equipment a...
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