Crane Company purchases equipment for $2740 and supplies for $510 from Wildhorse Co. for $3250 cash. The entry for this transaction will include a debit to Equipment $2740 and a debit to Supplies Expense $510 for Wildhorse. credit to Accounts Payable for Crane. debit to Equipment $2740 and a debit to Supplies $510 for Crane. credit to Cash for Wildhorse.

Answers

Answer 1

Answer:

Date                    Account Title                                    Debit              Credit

XX-XX-XX           Equipment                                    $2,760

                            Supplies                                       $   500

                            Cash                                                                     $3,250


Related Questions

Investment interest expense includes:
A. interest expense from loans to purchase corporate bonds and interest expense from loans to purchase stocks.
B. interest expense from loans to purchase corporate bonds.
C. interest expense from loans to purchase municipal bonds.
D. interest expense from loans to purchase municipal bonds and interest expense from loans to purchase corporate bonds.
E. interest expense from loans to purchase stocks.

Answers

Answer:

A)) interest expense from loans to purchase corporate bonds and interest expense from loans to purchase stocks.

Explanation:

An investment interest expense can be regarded as any amount of interest which is been paid on proceeds of loan that is been used in purchasing investments or securities. investment interest expense can be regarded as been deductible under some particular circumstances.

It should be noted that investment interest expense include;

✓interest expense from loans to purchase corporate bonds

✓ interest expense from loans to purchase stocks.

Expliquen la siguiente frase:

El mero crecimiento económico no es suficiente para terminar con la pobreza y preservar el medio ambiente

Answers

Answer:

Efectivamente, el mero crecimiento económico no es suficiente para terminar con la pobreza y preservar el medio ambiente, sino que dicho crecimiento debe ir acompañado de un desarrollo estructural que contemple el acceso igualitario a los distintos servicios por parte de la sociedad, así como también el establecimiento de controles sanitarios y medioambientales que preserven el bienestar de los individuos en el marco del desarrollo de las actividades económicas.

In the context of sports, with the recent proliferation of mobile devices and growing connectivity, many people have _____. Multiple choice question. received significant financial aid to facilitate sports development and participation gained the ability to produce and distribute sport content and commentary turned to traditional content such as newspaper reports gained entry into professional athletic and sports teams

Answers

Answer:

gained the ability to produce and distribute sport content and commentary.

Explanation:

In the context of sports, with the recent proliferation of mobile devices and growing connectivity, many people have gained the ability to produce and distribute sport content and commentary.

is the movement of employees among positions at the same organizational level rather than through progression and promotuion

Answers

Answer:

Horizontal job rotation.

Explanation:

An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.

Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).

Generally, the human resources manager or department could move employees from one department to another through a process known as job rotation.

Horizontal job rotation is a form of job rotation and it typically involves the movement of employees among positions within the same organizational level rather than through progression and promotion.

Power that is derived from a person's official standing within a workplace is commonly referred to as ______ power.

Answers

Answer:

Legitimate

Explanation:

Power that is derived from a person's official standing within a workplace is commonly referred to as legitimate power.

Which of the following is not true regarding the purpose of an audit performed on a set of financial statements in accordance with generally accepted auditing standards? Group of answer choices to provide financial statement users with an opinion on whether the financial statements are presented fairly or not to provide users of the financial statements with an opinion on the financial statements to provide financial statement users with an opinion in accordance with the applicable financial reporting framework to provide users of the financial statements with absolute assurance that the financial statements contain no errors in them

Answers

Answer:

to provide users of the financial statements with absolute assurance that the financial statements contain no errors in them.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors by using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP). Some examples of financial statements includes a balance sheet, cash-flow and income statement.

An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.

GAAP is an acronym for Generally Accepted Accounting Principles, it was adopted by the U.S. Securities and Exchange Commission (SEC) and is the comprehensive accounting rules and standard used in recording and reporting financial information.

In accordance with generally accepted auditing standards (GAAP), providing users of the financial statements with absolute assurance that the financial statements contain no errors in them is not a purpose of an audit performed on a set of financial statements.

This ultimately implies that, an auditor cannot give a client an absolute assurance that a financial statement wouldn't contain errors in them.

Consumers are limited in the total utility that they can gain from buying products because they have limited

A. Income

B. Satisfaction

C. Marginal utility

D. Costs

Answers

Answer: income i think

Explanation:

Rosa is upset with D'Shaun because he keeps giving their teenage daughter more money than the family has budgeted. Rosa and D'Shaun discuss their daughter's need for more money and their need to stay on budget. The ultimately decide to increase their daughter's allowance to $20 and in exchange, have her babysit her younger brother instead of paying for a sitter. Everyone's needs are met. What type of Conflict Management is Rosa using

Answers

Answer:

collaborating

Explanation:

A mix of being cooperative and assertive that means those who want to do collaboration for attempting the work with other in identifyig the solution that satisfied fullly for each and everyone concern

Since rosa wants that everyone needs could be met out

So this represent the collaboration

The same should be relevant

In the U.S. we fully expense in our financial statements research and development outlays as they are incurred (not necessarily the case for international financial statements). This can be seen as an example of:

Answers

Answer:

Noise being introduced into financial statements via rigid accounting rules

Explanation:

Noise being introduced into financial statements via rigid accounting rules.

The international financial statements doesn't am expense research and development as they occur

A firm has a fixed production cost of ​$ and a constant marginal cost of production of ​$ per unit produced. What is the​ firm's total cost​ function? A. TC. B. TC​(​q). Your answer is correct.C. TCq. D. TC . The​ firm's average total cost​ (ATC) of production is

Answers

Answer:

a) We have:

The firms total cost function: TC = 5,000 + 500Q

Average cost: ATC = (5,000 / Q) + 500

b)The firm would choose to be very large if it wanted to minimize the average total cost.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

A firm has a fixed production cost of 5,000 and a constant marginal cost of production of 500 per unit produced.

a) What is the firms total cost function? Average total cost?

b) If the firm wanted to minimize the average total cost, would it choose to be very large or very small? Explain.

The explanation of the answer is now provided as follows:

a) What is the firms total cost function? Average total cost?

Let Q represents quantity of output produced by the firm.

Since the marginal cost of production is constant, this implies:

VC = Variable cost = 500 * Q = 500Q

Also, we have:

FC = Fixed production cost = 5,000

Since TC = FC + VC, the total cost function (TC) can then be obtained as follows:

TC = 5,000 + 500Q

Since ATC = TC / Q, the average cost (ATC), can also be obtained as follows:

ATC = (5,000 / Q) + (50Q/Q)

ATC = (5,000 / Q) + 500

Therefore, we have:

The firms total cost function: TC = 5,000 + 500Q

Average cost: ATC = (5,000 / Q) + 500

b) If the firm wanted to minimize the average total cost, would it choose to be very large or very small? Explain.

The firm would choose to be very large if it wanted to minimize the average total cost.

Because fixed expenses dominate total costs at low levels of output, average total cost starts out high. In terms of Mathematics, the denominator is so tiny that average total cost is huge. As fixed costs are spread over a larger quantity of output, the average total cost decreases. Therefore, the firm would choose to be very large if it wanted to minimize the average total cost.

what is automated teller machine car
state 4 advantages of using automated machine

Answers

Answer:

An automated teller machine is an electronic machine that allows the transaction of money from one's account.

Advantages of the ATM are-

1. It provides easy access to one's account.

2. It saves time and energy.

3. It reduces the workload of the bank employees.

4. Its service is available anywhere 24/7.

Explanation:

An automated teller machine (ATM) is an electronic machine that allows an individual to complete basic transactions without the need for any bank personnel to help. This type of machine is generally used to withdraw and deposit cash from and into one's bank account.

Four advantages of an automated teller machine are-

1) It provides convenience to the customers, saving one's energy and time.

2) Its service is available 24/7.

3) It allows access to one's account anywhere.

4) It reduces the workload of the bank employees.  

An Automated Teller Machine (ATM) car refers to a vehicle equipped with an ATM, typically used for mobile banking services in locations where a fixed ATM is not available or convenient.

Advantages of using an Automated Teller Machine (ATM) include:

Convenience: ATMs offer 24/7 access to banking services, allowing users to withdraw cash or perform various transactions at their convenience. With an ATM car, this convenience can be extended to different locations, such as events, rural areas, or areas with limited banking infrastructure.

Accessibility: ATMs provide accessibility to banking services for individuals who may not have access to a nearby bank branch. The mobility of an ATM car can further enhance accessibility, reaching underserved or remote areas where  may be limited.

Time Savings: Using an ATM can save time compared to traditional banking methods. With an ATM car, users can access banking services without the need to travel to a physical branch, reducing time spent commuting and waiting in queues.

Privacy and Security: ATMs provide a secure and private environment for conducting financial transactions. Using an ATM car can enhance security by ensuring that the machine is monitored, maintained, and operated by authorized personnel.

This can instill confidence in users, knowing that their transactions are conducted in a controlled and secure setting.

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As depicted in _________________________________, it is necessary to give up some of one good to gain more of the other good. the production possibilities frontier allocative efficiency scarcity utility

Answers

Answer:utility

Explanation:

4. Many opponents of free trade use the following example to illustrate its negative effects:
Joe Smith started the day early having set his alarm clock (MADE IN JAPAN) for 6 AM. While his coffee pot (MADE IN CHINA) was perking, he shaved with his electric razor (MADE IN HONG KONG). He put on a dress shirt (MADE IN SRI LANKA), designer jeans (MADE IN SINGAPORE), and tennis shoes (MADE IN KOREA). After cooking his breakfast in his new electric skillet (MADE IN INDIA) he sat down with his calculator (MADE IN MEXICO) to see how much he could spend today. After setting his watch (MADE IN TAIWAN) to the radio (MADE IN INDIA) he got in his car (MADE IN GERMANY) filled it with gas from SAUDI ARABIA and continued his search for a good paying AMERICAN JOB. At the end of yet another discouraging and fruitless day, he checked email on his computer (MADE IN MALAYSIA) then decided to relax for a while. He put on his sandals (MADE IN BRAZIL) poured himself a glass of wine (MADE IN FRANCE) and turned on his TV (MADE IN INDONESIA), and then wondered WHY he can’t find a good-paying job in America.
Should America encourage free trade with its trading partners or seek a more protectionist approach? Take a stand on this issue. It is not enough to argue BOTH sides of the issue. Support your opinion with good economic reasoning. Who benefits from your approach and who loses? Why? Include impacts on both American citizens and the citizens of the other countries with whom we (U.S.) trade.

Answers

America must note that Free trade affords countries the opportunity to specialize in the production of goods and services that they are most efficient at producing, leading to lower prices and increased access to a variety of goods and services for consumers.

Protectionism, on the other hand, can lead to higher prices and reduced access to goods and services for consumers.

What is the rationale behind the above answer?

Note that protectionism can only work under certain factors. China explored this briefly to build capacity then later opened its borders albeit strategically.

Economic protectionism is a policy that limits or controls international trade in order to protect domestic industries. One danger of protectionism is that it can lead to higher prices for consumers.

This is because protectionist measures, such as tariffs, can make imported goods more expensive, which may be passed on to consumers in the form of higher prices.

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Th process of gaining the resources and skill needed in managing consumer resources is known as
A.) Consumer Education B.) Consumer participation
C.) Consumerism
D.) Consumer right​

Answers

Answer:

A.) Consumer Education

Explanation:

CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction.

Simply stated, it's a strategic process which typically involves collecting customer information for the purpose of improving a customer's future experience.

Therefore, this employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.

In this context, consumer education is a strategic process which typically involves gaining the necessary resources and skills required to manage consumer resources in order to continue to provide satisfactory services to them.

Answer:

A) Consumer Education

Explanation:

Th process of gaining the resources and skill needed in managing consumer resources is known as consumer education .

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The blurring of lines between the state and a special interest group in which a close alliance develops is called

Answers

Answer:

a. co-optation

Explanation:

Co-optation means the things could be taken out or are considered for the new or the different motive

Since the lines are burried and lies between the state and the special interest group in which the close alliance are created so this is we called as the co-optation

Therefore the same should be considered

Rockwood International needs to make risky decisions on a daily basis. Therefore, its managers are likely to

Answers

Answer:

Centralize decision making

Explanation:

From the question we are informed about Rockwood International who needs to make risky decisions on a daily basis. Therefore, its managers are likely to Centralize decision making.

Centralization can be regarded as setup whereby decision-making powers are been concentrated or given to few leaders that are on top of the organizational structure. Decisions making are been carried out at the top then communicated to lower-level managers so that implementation can take place.

Which option will cause a business to lose money from a failing product

Answers

Group of answer choices.

A. Rebrand the product

B. Spin off the product

C. Discontinue the product

D. Continue the product​

Answer:

D. Continue the product​

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) stages in the product-life cycle;

1. Introduction.

2. Growth.

3. Maturity.

4. Decline.

A product that is at the decline stage is generally referred to as a failed product and wouldn't generate profit or much revenue for the manufacturer because it has little economic importance.

This ultimately implies that, continuing with a failed product is an option which will cause a business to lose money from a failing product.

Answer:

D. Continue the product​

Explanation:

Which option will cause a business to lose money from a failing product Continue.

calculate minimum stock level​

Answers

Answer:

Formula to determine the minimum stock level

The minimum stock level can be determined by applying the following formula: Minimum Stock Level = Re-order Level – (Normal consumption per day/per week, etc. X Normal delivery time).

explain the concept of business?​

Answers

Answer:

A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.

Explanation:

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Jake, the CEO of WinWest Inc., launches a new product. Despite the product's persistent failure, he is unwilling to withdraw it from the market because he believes that the product will be profitable in the long term. This scenario is an example of _____. Group of answer choices path dependency participative decision making risk aversion escalation of commitment

Answers

Answer:

The correct answer is the last option: Escalation of commitment.

Explanation:

To begin with, the concept known as "Escalation of commitment" in the field of business management and behavioral science refers to the behavioral pattern that an individual has when it faces against a bad decision or situation and after that the person continues to having the same behavior so therefore it stays believing the same even though the increasingly negative outcome keeps on coming. That is why that in this case presented, Jake believes that at the long term the new product will have success even thought that now only bad numbers have been shown to the company.

New technologies such as ________ and ________ led to a new boom era of oil and gas production in Texas beginning in 2008 and continuing through today.

Answers

Answer:

drilling; fracking

Explanation:

When Dunkin Donuts decided to expand into the international markets of India, Japan, and Argentina, management realized that there would be significant differences in the standards of living, credit, buying power, and income distribution in those countries. Dunkin Donuts is currently examining the ____ forces in its environmental analysis.

Answers

Answer:

economic

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Thus, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Economic forces can be defined as the factors that influence and determine the level of success, competitiveness and the direction of the economy in which a business firm operates in

In this scenario, Dunkin Donuts is currently examining the economic forces in its environmental analysis.

Basically, economic forces include the inflation rate, standards of living, unemployment rate, credit, law, purchasing power, tax rates, government policies, and income distribution of a particular country.

Who is the first modern president by virtue of taking on a major role in the decision- making process

Answers

Answer:

the correct answer is:

Franklin D. Roosevelt

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if government expenditure on goods and services increase by​ $100 billion, then aggregate demand​ _____ if the multiplier exists according to the keynesian model

Answers

Answer: increases

Explanation:

If there is a multiplier, then government expenditure increasing in an economy will lead to aggregate demand increasing as well. This increase will be the product of the increase in government expenditure and the multiplier.

The multiplier is calculated by dividing the formula:

= 1 / (1 - Marginal propensity to consume)

If the MPC is 0.8 in the scenario above for instance, the multiplier would be:

= 1 / ( 1 - 0.8)

= 5

The increase in aggregate demand would be:

= 5 * 100

= $500 billion

You are working several plans and community organizations to sponsor an educational event. When putting together advertisements for this event, what should you do

Answers

Answer: Ensure that the advertisements indicate it is an educational event

Explanation:

Defining an advert and tailoring it's message to the exact plan you want is really important. where this can be implemented well is with the contents the advert is done. The content drives home the message, if the content is not designed to meet what you want or it's target audience well, it would drive a different message.

When putting together advertisements for this event, you should ensure that the advertisements indicate it is an educational event unless it would be seen as a marketing program, you can ensure this by the content through the content displayed

The management of a diverse group of customers with different needs within the same service setting is called:

Answers

Answer:

expert customer

Explanation:

Answer:

that would be an expert customer

the marketing mix elements are called because they are under the jurisdiction of the marketiing department in an organization

Answers

Answer:

The answer is controllable factors

Answer:

false

Explanation:

false

_____ is an integrated system that collects and processes data and manages and coordinates resources, information, and functions throughout an organization.

Answers

Answer:

Enterprise resource planning is an integrated system that collects and processes data and manages and coordinates resources, information, and functions throughout an organization.

Enterprise Resource Planning (ERP) is an integrated system that collects and processes data and manages and coordinates resources, information, and functions throughout an organization.

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Which of the following describes the proper treatment of discontinued operations on the income statement.
A. Discontinued operations are included as part of income from continuing operations.
B. Discontinued operations are a separate line item, but tax is applied to total net income.
C. Discontinued operations are a separate line item reported net of tax.

Answers

Answer:

C. Discontinued operations are a separate line item reported net of tax.

Explanation:

In the United States of America, the International Financial Reporting Standards (IFRS) and the Generally Accepted Accounting Principles (GAAP) usually considers or acknowledges material losses that are unusual in character incurred by businesses. It is necessary to report items that are unusual in character because it gives auditors or financial experts clarity on which profits or losses are not related to the operation of the business.

Discontinued operations can be defined as the income statement category that is used for reporting a disposal of a component of a business.

According to the GAAP, the proper treatment of discontinued operations on the income statement is that discontinued operations are a separate line item reported as a net of tax.

On the other hand, the income from continuing operations is a net income from an organization's continuous operation.

During the purchase decision process, an individual at the __________ stage will perceive differences between his or her ideal and actual situations big enough to trigger a decision.

Answers

Answer:

"Problem recognition" is the correct answer.

Explanation:

An empirical investigation has said that the initial phase of the development procedure of the customer and therefore its approach to buying seems to be the acknowledgment of problems that arise when consumers realize that perhaps the problem would also have to be solved.This is whenever the customer sees a requirement and is driven to rectify the conflicts.
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A boy is playing with a water hose, which has an exit area of10 cm2 and has water flowing at a rate of 2 m/s. If he coversthe opening of the hose with his thumb so that it now has anopen area of 2 cm2, what will be the new exit velocity of thewater? Keeping an audience engaged can be more difficult when a speaker is presenting online.A. TrueB. False PLEASE HELP!!!!Which of the following lists describes characteristics of an acid? (3 points)Bitter taste, high pH, and causticSour taste, low pH, and dissolves metalsSour taste, high pH, and dissolves metalsSlippery, low pH, and caustic you have learnt that forest lead to groundwater recharge but don't you think that groundwater should decrease as plant would absorb lots of water? In an electromagnet, what produces the magnetic field?A. Electric charges moving through a conducting wire. B. Electric charges moving through the metal core. C. The metal core within a coil of wire. D. The magnetic field of a permanent magnet. Which of the following choices contributed to Eisenhower winning the presidency?He was well-liked by the American people.He was respected as a war hero.He promised to be tough on Communism.All of these choices are correct. An amount of 25,000 is borrow for 15 years at 5.5% interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back? a student takes two subjects A and B. Know that the probability of passing subjects A and B is 0.8 and 0.7 respectively. If you have passed subject A, the probability of passing subject B is 0.8. Find the probability that the student passes both subjects? Find the probability that the student passes at least one of the two subjects I'll like to cheat on these epdentum courses but cant cause you can't create a epdentum account is there any way to get the courses answers keys I'm currently trying to get the English 9 semester grade answer key but can't cause I don't have a account except my school one and I can't exactly download it cause it will be notice any tips? Solve for the dimensions of the area model below and then write an equation showing how the area as a sum is equivalent to the area as a product. When comparing groups of stars, which group has relatively lowluminosities and temperatures? Which southern African country was ruled by the dictator Robert Mugabeafter he led a successful rebellion against its earlier white-controlledgovernment? Assume the following information from a schedule of cost of goods manufactured: Beginning work in process inventory 30,000Direct materials used in production 50,000Direct labor 60,000Total manufacturing costs to account for 219,000Ending work in process inventory 72,000 What is the manufacturing overhead applied to work in process? A. $15,800 B. $144,500 C. $150.000 D. $79,000 What is graph for the equation y=-4x+1 A researcher who examines the causal relationship between amount of exercise (i.e., participants are randomly assigned to 30 minutes of exercise per day or no exercise) and memory abilities is using the ______ research design. How does the experiment relate to what you've learned about submersible technology suck as submarines and ROV's? Choose the best word to complete the sentence.La sopa est ___________.cidoamargocalientefro Please help!!What is the correct way to write this: Even if this person is not my father and it is just a kid messing around I didnt want to believe it.Note: please answer the question and dont mess around :) .... controls the operations like reading data from input devices, transmitting information to output devices and checking the components of a computer. What is the domain of the function on the graph?all real numbersall real numbers greater than or equal to -2all real numbers greater than or equal to -5all real numbers greater than or equal to 0