For each transaction, enter a plus sign (+) in the appropriate column if the account classification asset, liability, or owner's equity is increased. Enter a
minus sign (-) in the appropriate column if the account classification is decreased. Both a plus sign (+) and a minus sign (-) can be entered, if
necessary
Trans. No. Assets = Liabilities + Owner's Equity
1
2
3
4
Save & Continue
Continue without saving
hp

Answers

Answer 1

Answer:

the question is incomplete, so I looked for similar ones:

Transactions: 1. Bought supplies on account. 2. Received cash from owner as an investment. 3. Paid cash for prepaid insurance. 4. Paid cash on account.

1) When you buy supplies on account, both assets (supplies) and liabilities (accounts payable) increase.

2) When a company receives cash from its owners, its assets (cash) and equity (paid in capital) increase.

3) When a company pays cash for insurance, total assets will not be affected because on asset account (cash) will decrease while other asset account (prepaid insurance) will increase.

4) Paying cash in order to cancel or partially pay for accounts payable will decrease both assets (cash) and liabilities (accounts  payable).

          Assets = Liabilities + Owner's Equity

1)              +             +                    

2)             +                                    +

3)           + / -

4)              -             -


Related Questions

If your lifestyle budget is fifty thousand dollars a year, selecting a career earning seventy-five thousand dollars a year will most likely allow you to meet your lifestyle budget

Answers

Answer:

True

Explanation:

If one budgets to spend 50 thousand per year for the kind of lifestyle he wishes for then estimating a higher amount than the projected amount or budget for his lifestyle would enable him comfortably live this lifestyle. This is because his budgeted amount-50k might not be exactly the amount or may increase as a result of inflation and so making provisions for any errors by looking for pay which adds 20k to his annual earnings would be very much needed to reach his lifestyle expenses

One of the key economic questions is "who consumes the products?" True False

Answers

Answer:

true

Explanation:

One of the key economic questions is "Who consumes the products?". Hence, the above statement is true.

What is the meaning of Economy?

Economics is the study of scarcity and how it affects how resources are used, how commodities and services are produced, how production and welfare increase over time, and a wide range of other complicated concerns that are extremely important to society.

An economy is a region where products and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain that emphasizes the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources.

Economics is the study of how individuals and groups allot limited resources for production, distribution, and consumption. Microeconomics and macroeconomics are the two subfields of economics. Efficiency in production and exchange is the main concern of economics.

Hence, the above statement is correct.

Learn more about Economics here:

https://brainly.com/question/14787713

#SPJ2

An awareness of one's own culture and the recognition that differences in others can cause anxiety, frustration, and misunderstanding of the host's intentions is essential to effective

Answers

Answer:

adaptation

Explanation:

Adaptation is a term which when used in a business-related term is a term that describes the readiness of a firm to adapt to vital criteria in carrying out international trade and dealing in relation to the firm's culture and the understanding that the existence of distinctions in others can lead to a form of stress, frustration, and incomprehension of the host's ideas.

Hence, in this case, the correct answer is ADAPTATION

Look up the following words. Give the etymology of each. State what kind of term, such as mathematical, scientific, political science, history, etc. Include the name of the dictionary consulted as well as the publisher and publishing date.

ideological:
constructivist:
Marxist:
Vector:
axiomatic:
azimuth:
matrix:
hypothesis:
theory:
phenomena:

Answers

Answer:

1). Ideological: Greek origin, meaning a form. It is largely employed in historical context.

2). Constructivist: Russian, derived from the word 'konstruktivizm' meaning to reference to an abstract art movement. It is used in both political and historical disciplines.

3). Marxist: The word Marxist is used to denote a firm follower of the principles and teachings of Karl Marx. The word is commonly employed in social sciences.

4). Vector: Latin origin, the word gives the meaning convey. It is used in mathematics.

5). Axiomatic: Greek origin, meaning of 'self-evident' or 'thought to be fitting.' The word is used in mathematics.

6). Azimuth: Arabic origin using the word 'meaning , and samt, direction.' It is employed in science and geography for describing the celestial or heavenly bodies.

7). Matrix: Latin origin, meaning 'a breeding mother.' The term is commonly employed in both science and mathematics.

8). Hypothesis: Greek origin, formed with words 'Hupo'(means under) and 'thesis'(means placing). This is used in science to check the validity of a truth.

9). Theory: It comes from Greek word Theoria, stands for 'speculation or contemplation' It is used in science, mathematics, and other disciplines as well.

10). Phenomena: Derived from 'Phasinomenon', a Greek word , which stands for 'things appearing to view.' The word is most likely used in science to detail natural occurrences.

Douglas Harper's 'Online Etymological dictionary', 2000.


You earn a salary of $52,000 per year and get paid biweekly. Calculate
how much GROSS PAY you will earn for one paycheck.

Answers

Answer:

$2,166.60

Explanation:

Divide the salary by 12 months that are in a year, then divide my 2 because bi-weekly is every 2 weeks.

According to the indirect method of preparing a cash flow statement, under which category does inventory fall? Under the indirect method of preparing a cash flow statement, a decrease in a , such as inventory, is added to the net income

Answers

Answer:

Cash flow from Operating Activities

Explanation:

Inventories are part of the ordinary course of business and thus any inventory changes will be categorized under Cash flow from Operating Activities.

An increase in the inventory balance will be deducted from Net Income whilst a decrease is added to the net income.

Answer:

" non-cash current asset "

Explanation:

From Pluto Tutorial

Adnan Hassan earned 5% commission as a sales trainee. After
promotion to a sales associate, he earned 8% commission. His year-end
report showed $673,874 in total sales and $45,006.52 in commission.
What did his sales total as (a) a sales trainee and (b) a sales associate?

Answers

Answer:

He earns $296780 as a Sales Trainee and $377094 as a Sales Associate

Explanation:

Given

Let x represents his sales as a sales trainee

Let x represents his sales as a sales associate

Total Sales: [tex]x + y = 673874[/tex]

Total Commission: [tex]0.05x + 0.08y = 45006.52[/tex]

Required

Find x and y

Equations

[tex]x + y = 673874[/tex] --- (1)

[tex]0.05x + 0.08y = 45006.52[/tex] --- (2)

Make  y the subject of formula in (1)

[tex]x + y = 673874[/tex]

[tex]y = 673874 - x[/tex]

Substitute this in (2)

[tex]0.05x + 0.08y = 45006.52[/tex]

[tex]0.05x + 0.08(673874 - x) = 45006.52[/tex]

Open Bracket

[tex]0.05x + 53909.92 - 0.08x = 45006.52[/tex]

Collect Like Terms

[tex]0.05x - 0.08x = 45006.52 - 53909.92[/tex]

[tex]- 0.03x = -8903.4[/tex]

Divide through by -0.03

[tex]x = \frac{-8903.4}{-0.03}[/tex]

[tex]x = 296780[/tex]

Recall that

[tex]y = 673874 - x[/tex]

[tex]y = 673874 - 296780[/tex]

[tex]y = 377094[/tex]

Hence;

He earns $296780 as a Sales Trainee and $377094 as a Sales Associate

1. Explaining Why does a natural disaster (drought, flood) in an agricultural
region almost always result in higher prices for commodities and consumer
goods?

Answers

If natural disasters or flooding occur, there is not enough goods for everyone, so only those who are willing to pay more, or the rich, can buy the goods.

The type of business that provides a product or a service, makes sales to customers, and incurs expenses is ____.
A. a service business
B. a merchandising business
C. a manufacturing business
D. All of these

Answers

It’s D. Hope this helps. Plz Mark As Brainliest

Answer:D

Explanation:

what is it called when the government uses some tool other than money to allocate goods?

A. rationing

B. supply management

C. disequilibrium

D. resource allocation​

Answers

A
Its rationing easily

Hours of labor or number of workers are common ways of measuring a company’s

Answers

Answer:

It is productivity

Explanation:

The Future Lab Program, which is a part of Sony's investment in R&D, embraces an approach to technological R&D that emphasizes an open creative environment and direct lines of communication with society, with the end goal being to co-create new lifestyles and customer value. Does Sony create significant customer value? Does Sony create new lifestyles?

Answers

Answer:

Sony's goal with Future Lab is to create customer value and new lifestyles, whether they are able to do so depends on how well they work it out. Future Labs is based on San Francisco, and it should serve as a place where innovative prototypes should be tested by real users. The goal is that Sony can learn from actual real life user experiences in order to improve their products and services. The real life customers and users that want to participate in Sony's program must pay a fee for doing so, but they can also experience prototypes before anyone else.

four degrees of competition

Answers

Answer:

There are four types of competition in a free market system:

perfect competitionmonopolistic competitionoligopolymonopoly

Under monopolistic competition, many sellers offer differentiated products—products that differ slightly but serve similar purposes.

Hope this helps :)

What are the three main decision-making types discussed in the article? (Site 1)

Answers

Answer:

1. Certain

2. Risk

3. Uncertainty

Explanation:

Answer:

1. Certain

2. Risk

3. Uncertainty

Explanation:

edg2021

help fast! Ed and Maria’s gross monthly income is $3,700 and monthly debt is $2,500. What is their debt-to-income ratio to the nearest percent?
A. 53%
B. 68%
C. 82%
D. 25%

Answers

Answer is A. 53% Good luck

Answer:

C. 68

Explanation:

An_____transaction involves an exchange between the company and a separate economic entity.

Answers

Answer:

external

Explanation:

found on quizlet by putting in the whole question

How do long-term goals differ from short-term goals?
Long-term goals require more money than short-term goals do.
Long-term goals require more planning than short-term goals do.
Long-term goals are less attainable than short-term goals are.
Long-term goals involve less planning than short-term goals do.

Answers

Long-term goals require more planning than short-term goals do.

Planning what to do to get a car would take more planning than choosing breakfast. Therefore the second option is correct.

The correct answer is B. Long-term goals require more planning than short-term goals do.

Hope this helps

:)

What is most likely the cause of an increase in demand? An increase in salary
Higher taxes
Lower price
Alternative product

Answers

Answer:

Alternative products

Explanation:

Most of the times, people look at the quality of a product which increases the demand, even though the price is high

How is it possible to have a large amount of assets but only modest net worth?

Answers

Answer:

one possibility is that you spent more on your assets, than your assets are making. In other words, some assets may have a low or negative net worth

It's possible that you spent more money on the assets than they were earning. To put it another way, some assets could have a low or negative net worth.

What is meant by assets?

An asset is a resource with economic value that a person, company, or nation owns or manages in the anticipation that it may one day be valuable. Assets are listed on a company's balance sheet. They are broken down into four groups: present, fixed, financial, and tangible.

In a nutshell, yes cash is the largest asset and a current asset on a company's balance sheet. Using cash, the most liquid asset type, is the simplest way to acquire other assets.

An asset is something or someone that is beneficial or helps a person or organization prosper. Our inventiveness is our greatest asset in the technology field. single-word noun.

Thus, It's possible that you spent more money on the assets than they were earning.

For more details about assets, click here:

https://brainly.com/question/13848560

#SPJ2

The transfer of existing mortgages between investors is the:___________

Answers

Answer:

Secondary mortgage market

Explanation:

The secondary mortgage market is a market in which the loan related to the home and the services rights are purchased and sold between the lenders and the investors

here the transfer is to be done with respect to the mortgages that are previously existed between the investors

Therefore in the given case, it is the situation of the secondary mortgage market and hence, the same is to be considered

Clarifying the issues of a problem is the _____ step in the problem-solving process.

Answers

Answer:

Step 2

Explanation:

Answer:The Second step

Explanation:The first step is to understand the problem and then clarifying the issues.

A disadvantage of corporations is that corporation stockholders are more exposed to personal liabilities in the event of bankruptcy than are investors in a typical partnership.
A. True
B. False

Answers

Answer:

FALSE

Explanation:

Corporation of stockholders in finance could be group or a person that is a owner of a share of stock or more share of stock in one corporation or the other and it should be a legal deal. These could be a private or public corporation.

It should be noted that one of the advantage of corporation stockholders is that they are not exposed to any personal liabilities in case bankruptcy came up as partnership is concerned.

Therefore, in the case of the disadvantages stated in the question about corporation stockholders is "False"

Is wanting to increase sales over the next year a good objective if (no/yes) write why

Answers

Answer:

Yes because some family's are not doing very good in money so they should be able to afford more items

But also no at the same time because if you have more sales more of your stuff will be out of stock.

Explanation:

What is an Individual Asynchronous Communicator? And provide 2 examples of people who are like that

Answers

Answer:

asynchronous communication is when you send a message without expecting an immediate response. For example, you send an email. I open and respond to the email several hours later. You can choose anyone you know for the example of people who are like that part. <3

Explanation:

3. If the Wall Street Journal published an article w/ the headline "Poultry Farmers Detect Infectious Avian Bird Flu," what would happen to the demand curve for chicken? What good or service is being changed in the scenario? What is the determinant of demand that caused the change?

Answers

Answer:

If such a headline was published, the demand for chicken and its byproducts would plummet. The demand curve would shift to the left, meaning that the quantity demanded would decrease at all price levels.

The quality of the chicken and its byproducts has changed here, since they would turn into potentially unhealthy food.

The determinant of the demand for chicken products that is altered by this article is consumer preferences. The health of consumes is at risk, which would alter their preferences due to fear of getting sick.

A good definition of the term Marketing

Answers

the action/business of promoting and selling products/services, including market research and advertisement

Answer:

Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

Explanation:

Shannon Corporation issues common stock for $25,000. Recording this transaction will include a:______.

Answers

Answer:

the complete journal entry for this transaction will be:

Date, issuance of common stocks

Dr Cash 25,000

    Cr Common stock 25,000

If the par value of the stocks was lower than $25,000, for e.g. $15,000, instead of crediting only common stock account, you would need to credit both common stock (for $15,000) and additional paid in capital account (for $10,000).

The Architecture and Construction career cluster is a group of careers focused on
O designing, constructing, and maintaining buildings and other structures,
O assembly of buildings and structures.
O designing and planning buildings.
O identifying the safety standards for building regulations.

Answers

The correct answer is Designing, constructing, and maintaining buildings and other structures.

Explanation:

A career cluster groups different careers related to the same area of knowledge and similar applications. In the case of architecture and construction, this includes careers such as architecture, civil engineering, carpentry, paving operators, etc. Moreover, these careers are all related to creating buildings or structures, which involve designing or planing the structures, then constructing them, and finally, dealing with the maintenance of the building. This includes the creation of houses, bridges, roads, etc.

Answer:

answer is A

designing constructing, and maintaining buildings and other structures.

Explanation:

hope this helps!

what cannot be used to dry, it’s for the food handlers

Answers

Answer:

What would you like me to answer? Cause I don't know what your asking.

The way you spend your time and energy is your _____.
PLS DONT GUSS:(
career
lifestyle
occupation
leisure time

Answers

Answer:

Lifestyle

Explanation:

Because your lifestyle contains all of those things, it's the way you live your life and what you're both made to do and choose to do!

Answer:

Lifestyle

Explanation:

Your lifestyle is how you spend your time, energy, and resources

Other Questions
What is the quotient? Negative StartFraction 4 over 5 EndFraction divided by 2 Why can The Call of the Wild be considered a character-driven novel? Select all that apply.There is only one character in the novel.Buck learns new ideas and ways.The reader learns about the Gold Rush and mushing through Bucks experiences.The author uses Buck to indicate that readers should not respect certain characters. Define same side interior I NEED HELP ASAP 40 POINTSAnswer the following questions.1) Choose the correct name for the set of numbers.{..., 3, -2, - 1,0, 1, 2, 3, ...}whole numbersintegersrational numbersnatural numbersreal numbersirrational numbers why is 8th march observed every year as international womans day calculate the annswer when the largest prime number that is a factor of 35 is multiplied by the smallest prime number that is a factor of 15 Help plssssssssssssss What are verbal and non verbal communications that subtly convey rudeness and insensitivity Brandon asked some friends how much they pay in rent. The results are shown on the graph below. What is the mean of his friends' rents? The United States annexed HawaiiO as a result of a US victory over Spain in the Spanish-American War.by purchasing the islands from Russia.in order to create the Panama Canal.O after supporting planters in an overthrow of the queen. What is the mass of a person that weighs 500 N on earth? is there any compound like O2C NO2 A container ship is overtaking an oil tanker on the way out of Harwich Harbor, and the first mate notices that if he starts walking from the front of the container ship when the two ships start overlapping, he reaches the back as the two ship separate. He walks at 3 km/hour.If the container ship is 100 m long, and travelling at 12 km/hour, how long is the oil tanker? What is the value of x?20356070 5x - 2z = 8 -2y + 9z = 50 6x + 9y + 9z = 96 Find the decimal that is equivalent to: 3/11A: .27B:0.3C: 3.6D: 0.27 If the Sun heated our atmosphere and the molecules beganspreading apart and rising but our planet's gravity was tooweak to keep them down, what would happen? Continuing to pursue goals requires____.A) success B)effort C)hesitation D)inactivity what is the answer to 35=-2x-15 There were 81 elk introduced in Missouri in 2012. In 2018, there are about 170 adults. If the population continues to grow linearly at this rate, what will the population be in 2020?