A(n) ____________________ account is used to record increases in owner's equity from the sale of goods or services.

Answers

Answer 1

Answer:

A trading profit and loss account


Related Questions

Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis of the survey, assume the mean annual salary for graduates 10 years after graduation is 150000 dollars. Assume the standard deviation is 38000 dollars. Suppose you take a simple random sample of 98 graduates.

(a) Find the probability that a single randomly selected policy has a mean value between 139252 and 141171. 3 dollars.

P(139252 < X < 141171. 3) =?

(Enter your answers as numbers accurate to 4 decimal places. )

(b) Find the probability that a random sample of size n=98 has a mean value between 139252 and 141171. 3 dollars.

P(139252 < M < 141171. 3) =?

(Enter your answers as numbers accurate to 4 decimal places. )

Answers

Based on the mean annual salary and the standard deviation, the following are true:

Probability of P(139252 < X < 141171. 3) = 0.0193.Probability that random sample has P(139252 < M < 141171. 3) = 0.0081.

What is the Probability of P(139252 < X < 141171. 3)?

= P ( (139,252 - 150,000) / 38,000) < Z score < P ( (141,171.30 - 150,000) / 38,000)

= P(-0.28 < Z < -0.23)

Using Z table:

= (1 - 0.5910) - ( 1 - 0.6103)

= 0.0193

What is the Probability that random sample has P(139252 < M < 141171. 3) ?

= P ( (139,252 - 150,000) / (38,000 / √98)) < Z score < P ( (141,171.30 - 150,000) /(38,000 / √98))

= P(-2.80 < Z < -2.30)

Using Z table:

= (1 - 0.9893) - (1 - 0.9974)

= 0.0107 - 0.0026

= 0.0081

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Prompt
What is liability?
Read More >>

Answers

Answer:

jobless

Explanation:

someone who depend on other people

True or false: The main purpose of managerial accounting is to provide general-purpose financial statements. True false question. True False

Answers

Answer:

I believe your answer is False, the main purpose is NOT to provide general-purpose financial statements.

Explanation:

When a business answers the question of where to compete, it is determining ___. Multiple choice question. corporate strategy business strategy a marketing plan differentiation

Answers

In a situation where a business answers the question of where to compete, it is determining: Corporate strategy.

What is Corporate strategy?

Corporate strategy can be defined as the plan put in place so as to achieve the strategic set goal.

Most companies or organizations tend to make use of corporate strategy so as to create a selling plan advantage that will enables them to increase their sales thereby generating more revenue.

Inconclusion In a situation where a business answers the question of where to compete, it is determining: Corporate strategy.

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Ryan is considering purchasing a used five year old hatchback with 75, 000 miles on it for $13,000. His main use would be commuting 20 miles to work each day. Which should he be most concerned about?

A) poor fuel economy

B) lack of cargo space

C) high annual depreciation

D) Factory warranty has expired

Answers

The major thing that Ryan should be worried about is the C) high annual depreciation.

Why should he be worried?

As cars are used more, they depreciate. This means that when a car is driven for more miles in a year, it depreciates more.

Ryan plans to drive about 40 miles to work and back everyday which means that in a year he would have driven thousands of miles. This will lead to a high depreciation.

In conclusion, option C is correct.

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A company received a bank statement with a balance of $ 6 comma 400. Reconciling items included a bookkeeper error of $ 300long dasha $ 300 check recorded as $ 500long dashtwo outstanding checks totaling $ 820​, a service charge of $ 22​, a deposit in transit of $ 280​, and interest revenue of $ 21. What is the adjusted bank​ balance?

Answers

Answer:

$5,860

Explanation:

The computation of the adjusted bank balance is shown below;

= Opening bank balance + deposit in transit - outstanding checks

= $6,400 + $280 - $820

= $5,860

We simply added the deposit in transit and deduct the outstanding checks from the opening bank balance so that the adjusted bank balance could come

Why is important to know your strengths and weaknesses? Do you have more strengths or weaknesses? What can you do to help improve your weaknesses? How can your strengths help you in school and help you getting a job?

Answers

It is important to know your strengths and weaknesses because it gives you the ability to know how to properly handle situations. Due to the fact that you are aware of your strengths and weaknesses you know what you’re capable of in and out of the work environment or school. I definitely believe individuals have more strengths than weaknesses. Everybody has a specific skill set, meaning they have things that they know how to do very well. To improve one’s weaknesses one could pinpoint just one thing they are struggling with and continue to work at it. For example, if one weakness is not being the most successful in math, one could put in an extra thirty minutes to an hour working on math problems. Or maybe even get a tutor. Your strengths can be helpful in school or when getting a job because it allows you to be successful at certain things. For example, if one of you’re strengths is that you’re great at communicating, you could get a customer service job easier than someone who is not strong in that area.

Knowing your weaknesses allows you to understand how you can work around them. Strengths and weaknesses are part of being self-aware. When you know your strengths and weaknesses, you can create a development strategy that focuses on your specific development needs.

My only weakness is worrying about being wrong when presenting to a broad audience. I work to improve this problem by doing more research on a particular topic. I also enhance my self-confidence by actively debating with people who don’t have the same political views. ​

Universal Travel, Inc. borrowed $500,000 on November 1, 2015, and signed a twelve-month note bearing interest at 6%. Principal and interest are payable in full at maturity on October 31, 2016. In connection with this note, Universal Travel, Inc. should record interest payable in 2016 in the amount of:

Answers

Answer: 30000

Explanation: 6 % of 500,000 is 30000

What things receive a Priority Level B?

Answers

Answer:

How to prioritize your tasks (and your time)

Capture everything on a Master List and then break it down by monthly, weekly, and daily goals.

Separate the urgent from the important tasks with the Eisenhower Matrix.

Rank your daily tasks by their true priority with the Ivy Lee Method.

The Temple University College of Business is seeking to purchase new monitors for its classrooms, computer labs, faculty, and staff offices. It creates a description of the project and asks suppliers to submit bids. The university identifies the top two or three suppliers who present the most competitive packages and will begin discussions with each supplier to determine which company will be awarded the contract. This is an example of the _______ method of business buying.

Answers

the online buying to see which company is offering affordable goods

What are causes of ethical issues in business?
O fair treatment of workers
discrimination
invasion of privacy
copyright infringement

Answers

All of the above but I think fair treatment it the answer sorry if I’m wrong

Answer:

Discrimination

Explanation:

If you look at all the field businesses you will see it's because of discrimination.

Taxes on products that have been deemed unsafe or undesired (alcohol and tobacco) are called.

a regressive tax
a regressive tax

an import tax
an import tax

a sin tax
a sin tax

a progressive tax

Answers

Taxes on products that have been deemed unsafe or undesired (alcohol and tobacco) are called sin tax.

What is tax?

Tax is when the government levies a certain percentage on certain goods and services. Taxes increase the price of goods and services.

Sin tax is a tax levied on goods that are deemed unsafe. Its purpose is to discourage the consumption or use of these unsafe products.

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Timelines show events a. In order c. Sequentially b. Chronologically d. All of these Please select the best answer from the choices provided A B C D.

Answers

Timelines show events in order,  Sequentially and Chronologically as well. Option D is correct.

What are the timelines?

A timeline is a collection of a checklist of affairs in chronological order. It is normally a graphical design delivering a lengthy bar tagged with dates corresponding to it, and usually coincident events.

The timelines are arranged in a series, do it is called the Sequentially timelines.

Timelines are frequently operated in education to support students and investigators with comprehending the order or chronology of recorded occasions and tendencies for a topic.

Therefore, option D is correct.

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Answer:

Option D: All of these

Explanation:

Timelines will show events in: order, chronologically and sequentially.

Therefore, all are correct!

If a company purchased 10,000 shares of treasury stock for $50 and subsequently sold 3,000 of those shares for $56, what is the remaining treasury stock balance after these transactions

Answers

Compared purchase 10,000 shares $ 50
$10,000 shares $56 would be 11,200 shares

11,200 shares -3,000 shares = 8,200 shares

What two reasons does the text give as to why fdi has outpaced world trade and world output?.

Answers

Where’s the text? If we can’t see it how can we help?

A mixed economy is a combination of what two types of economies?
O A. Market and traditional
O B. Command and traditional
O C. Communism and socialism
O D. Command and market

Answers

Answer:

Answer is D

Explanation:

Command and Market

A mixed economy is a combination of two types of economies, that is command and market. Thus, option D is correct.

What is mixed economy?

A mixed economy is an economic system that combines parts of a market economy with components of a central planning, markets with state foreign intervention, or industry with public enterprise. A blend of free-market and socialist concepts is shared by all mixed economies.

Governments own the factors of production and determine pricing and production schedules in a command economy. Prices in a market economy are determined by supply and demand. Most countries have either a command or a market economy, but both have elements of the other.

A mixed economy is a hybrid of two types of economies: command and market. As a result, option D is correct.

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#SPJ2

Theo buys 500 shares of a KO for the lofty dividend. If KO pays a dividend of $1.20/share 4 times a year, how much are the dividend payments worth for the year?

Answers

Answer:

$2,400.00

Explanation:

The dividends per year will be dividends per share per year multiplied by 500.

Dividend per share per year

=$1.20x 4

=$4.80

Per year dividends will be worth

=$4.80 x 500

=$2,400.00

When amusement parks charge customers for admission and later for food and beverages, they are following a _________ pricing strategy. I. Skimming II. Two-part III. By-product IV. Product line V. Penetration

Answers

Answer:

II. Two-part

When amusement parks charge customers for admission and later for food and beverages, they are following a two-part pricing strategy.

Shirts are us has a clearance on overstocked merchandise. A long-sleeve V-neck top that usually sells for $36.00 is on sale for $23.00. What is the markdown?​

Answers

Answer:

13.00 and nice pfp

Explanation:

Skilled workers who cannot find desired higher paid jobs may choose to work in positions which require fewer skills and that are therefore lower paid. Firms who are pessimistic about the future may hire part-time workers instead of full-time workers. As a result, workers who would rather work full-time may only be able to secure part-time positions. These two situations are examples of .

Answers

When a skilled worker cannot find a higher-paid job but choose to work in positions requiring fewer skills with lower pay or a worker who would rather work full-time cannot secure such positions but secure only part-time positions, the situations are examples of underemployment.

What is underemployment?

Underemployment exists when workers do not get the positions that they have skills for but only get jobs requiring lower skills.

Underemployment can also exist when, for example, an engineer works as a customer service officer with less pay.  Another example is when a graduate works in a part-time role when she desires a full-time job.

Thus, these two scenarios describe examples of underemployment.

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whos in high school ? on here

Answers

Me it’s a bit boring

Answer:

meeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Explanation:

Reconciling the bank statement monthly is an example of.

Answers

Answer:

Establishment of responsibility.

A small business named BigBikes, Inc. has hired you to evaluate their wireless network security practices. As you analyze their facility, you note the following:________.
• They use an 802.11a wireless network.
• The wireless network SSID is set to BWLAN.
• The wireless network is not broadcasting the network SSID.
• The wireless network uses WPA2 with AES security.
• Omnidirectional access points are positioned around the periphery of the building.
Which of the following would you MOST likely recommend your client do to increase their wireless network security?
A. Enable SSID broadcast.
B. Change the SSID to something similar to BigBikeInc.
C. Configure the wireless network to use WEP security.
D. Implement directional access points.

Answers

Answer:

Implement directional access points.

Explanation:

Will give brainliest! Please help, it doesn't have to be long either.

#1 Title page. Your research paper must include a title page. Include the career title, your name, and the date on separate lines centered both vertically and horizontally on the page.

#2 Introduction. Introduce the career providing a description of the career being researched.

#3 Tasks. Describe five tasks performed in this career.

#4 Skills. Describe five skills employees must have to perform the tasks of this career.

#5 High school preparatory courses. Describe five high school courses that might prepare you for employment in this career.

#6 Educational preparation Describe any or all education beyond high school graduation required to acquire this career.

#7 Tools. Describe five tools employees use while performing the tasks of this career.

#8 Employment attire. Describe how employees would dress when employed in this career, including any required safety clothing even if the safety equipment is worn only occasionally.

#9 Employment hazards. Describe any potential workplace hazards in this career.

#10 Personal aptitudes. Describe five personal aptitudes that would be beneficial to be employed in this career.

#11 Workplace environment. Describe the workplace environment typical for this career. Include employment-related travel if required in this career.

#12 Salary and employment statistics. Report estimated annual salary, number of individuals employed in this career in 2008, and projected employment in this career for 2018.

#13 Closing statement. Include information that you discovered while researching the career. Identify both positive and challenging characteristics of the career.

Answers

my cousin is a pharmacist

pharmacist

a pharmacist prepares medicine for patients given by doctors

5 tasks

pharmacists:

1. count pills

2.prepare liquid medicines/solutions

3.often run a pharmacy store like walgreens/cvs like do accounting from the cash register/accounting books

4.often help patients talking to insurance companies, doctors and drug companies should there ever be a problem with the medicine

5.have knowledge of medicine like which medicines cant hurt people with certain diseases

High school preparatory courses: biology, chemistry, anatomy, math, english

education beyond high school graduation: pharmacists have to go to colleges that offer a pharmacy bachelors degree like st johns and long island university

Employment attire: they wear a white lab coat. sometimes gloves

Employment hazard: mixing wrong chemicals by accident can cause damage to the health

Personal aptitudes: patience (especially when dealing with old and child patients), diligence ( they often open early and close late) , detail oriented (money counted has to match money in the accounting books and cash register), they have to be in good shape because they often have to stand , professionalism ( they are counted by doctors and patients to do the job right)

Workplace environment: they usually work in a pharmacy or a big store like cvs. theyre workplace is elevated, secure and often in the back of the store

Salary : many pharmacists make 80,000 a year

positives: helping people

challenging : often have to be on your feet

Tanya is in the business of selling rubber mats. Ralph is in the business of selling real estate. Logan is in the business of selling stocks and bonds. Article 2 of the U.C.C. governs the sale of the items sold by:

Answers

The article 2 of the UCC governs the sale of the items sold by Tanya only.

What is the article 2 of the UCC?

This is the Uniform commercial code that governs the sale of items in the United states.

Transactions in the forms of goods are the only types of items that can be applied to the code.

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how would an increasing shift in supply affect the market?

a. lower price and lower quantity

b. higher price and higher quantity

c. lower price and higher quantity

d. higher price and lower quantity

e. indeterminate

Answers

D because it’s always go be higher then others

Answer:

The answer is D, hope it helps.

Explanation:

Do prices INCREASE during a PEAK in the Business Cycle?

Answers

the second stage of the business cycle of the maximum limit of growth is attained is a economic indicators do not grow further and are at their highest. Prices are at their peak

What is monopoly? Explain its features and classification briefly and in simple terms

Answers

Answer:

One seller dominates the market in a monopoly. 

Explanation:

Monopoly is typically viewed as the opposite of perfect competition in conventional economic analysis. Market power and price control are inherent in unregulated monopolies. Among the examples would be Microsoft and Windows, DeBeers and diamonds, and your local natural gas provider.

Cost allocation of an intangible asset is referred to as.

Answers

Answer:

cost allocation of intangible assets is called amortization.

Explanation:

cost allocation of intangible assets is called amortization.

Kim delivers groceries for a living and needs to buy new tires for her car soon. which choice would be the best for her to make so without disrupting any of her other financial goals ?

Answers

The choice that would be the best for her to make so without disrupting any of her other financial goals is to buy a fairly used tire as the tire is really needed by her for her business.

What is finance goal?

People often have goals to keep their money. A good example is a Long-term financial goals.

The act of having a long-term financial goal for a lot of people is so as to saving enough money to retire and as such they keep any money they have.

Learn more about choices from

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