subject
Business, 12.02.2020 03:26 cjjohnson1221

For each of the following transactions of Spotlighter. Inc., for the month of January, indicate the accounts, amounts, and direction of the effects on the accounting equation. a. Borrowed $4, 540 from a local bank on a note due in six months. b. Received $5, 230 cash from investors and issued common stock to them. c. Purchased $1, 600 in equipment, paying $500 cash and promising the rest on a note due in one year. d. a Paid $600 cash for supplies. e. Bought and received $1,000 of supplies on account.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:30
1. gar principles or "the principles"are intended to do what?
Answers: 2
question
Business, 22.06.2019 10:50
Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.
Answers: 2
question
Business, 22.06.2019 20:50
You are bearish on telecom and decide to sell short 100 shares at the current market price of $50 per share. a. how much in cash or securities must you put into your brokerage account if the broker’s initial margin requirement is 50% of the value of the short position? b. how high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (input the amount as a positive value. round your answer to 2 decimal places.)
Answers: 3
question
Business, 22.06.2019 22:20
Which of the following best explains why the demand for housing is more flexible than the supply? a. new housing developments are being constructed all the time. b. low interest rates for mortgages make buying a home very affordable. c. the increasing population always drives demand upwards. d. people can move more easily than producers can build new homes.
Answers: 1
You know the right answer?
For each of the following transactions of Spotlighter. Inc., for the month of January, indicate the...
Questions
question
Mathematics, 24.05.2021 02:40
question
Mathematics, 24.05.2021 02:40
question
History, 24.05.2021 02:40
Questions on the website: 13722360