Your client gets a bill from a French vendor for 100 euros on March 1 at an exchange rate of 1.2 dollars to the euro and pays on April 1 at an exchange rate of 1.3 dollars to the euro. What would you see in the Transaction Journal for the bill payment?

Answers

Answer 1

Answer:

The Transaction that to be entered in the Account would be:

Account payable A/c Dr.    130$

     To Bank A/c                              130$

Also,

Profit and Loss A/c Dr.            10$

  To Foreign Exchange Fluctuation loss A/c  10$

Step-by-step explanation:

client received a bill as per question mentioned of 100 Euros on March 1 when the exchange rate is 1 Euro = 1.20 $,

Accordingly the price liable to be paid as on date 1 March is

100 Euro × 1.20= 120 $ .

Further, the client is agreed to pay the amount on the April 1 when the exchange rate stands out at 1.30 $, that specifies that the client now has to pay the extra price due to the exchange rate fluctuation i.e.

(1.30 - 1.20)$ = 0.10$ to the French vendor.

Therefore , the Transaction that to be entered in the Account would be:

Account payable A/c Dr.    130$

     To Bank A/c                              130$

Also,

Profit and Loss A/c Dr.            10$

  To Foreign Exchange Fluctuation loss A/c  10$


Related Questions

what does the a in y=a(1+r)x represent?

Answers

Answer:

The function is of the form y = a(1 − r)t, where 1 − r < 1, so it represents exponential decay. Use the decay factor 1 − r to find the rate of decay. Write an equation. Solve for r.

The "a" in the expression y = a (1+r)ˣ represents the initial amount.

What is the expression?

An expression in math is a sentence with a minimum of two numbers or variables and at least one math operation. This math operation can be addition, subtraction, multiplication, or division.

Given, a exponential expression  y = a (1+r)ˣ

The exponential growth can alternatively be calculated using the formula f(x) = a(1 + r)ˣ, where the function is denoted by the f(x) term. The initial value of your data is represented by the variable. The growth rate is represented by the r variable.

Therefore, the initial amount is been represented by "a" in the given expression.

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What is the value of x? Use an informal argument to justify your answer *

Answers

Answer:

68°+47°+ x = 180°

115°+ x = 180°

115°-115°+x = 180°-115°

x = 65°

hope it's helpful ❤❤❤❤

THANK YOU.

Maria is reading a book that has 237 pages. She
already read some of it last week. She plans to read 30
pages tomorrow. By then, she will be of the way
through the book. How many pages did Maria read
last week?

Answers

Answer:

49 pages

237/3 = 79.

30+49 = 79

So the answer is B because your are not suppose to do that.

How much work does a horse do while moving a wagon 15 meters with a pulling force of 100N?

Answers

1500 Newton’s when finished

A bird was sitting 12 feet from the base of an oak tree and flew 20 feet to reach the top of the tree. How tall is the tree?

Answers

Answer:

It should be 12+20= 32 ft

Step-by-step explanation:

The side length of the base of a square pyramid is 30 centimeters. The height of the pyramid is 45 centimeters.
What is the volume of the pyramid in cubic centimeters?

Answers

Answer:

volume = 13500 [tex]cm^{3}[/tex]

Step-by-step explanation:

For a given pyramid, its volume can be determined by:

volume of pyramid = [tex]\frac{lwh}{3}[/tex]

Where: l is the base length, w is the base width and h id the height of the pyramid.

For the given question, l 30 cm, w = 30 cm and h = 45 cm.

So that,

volume = [tex]\frac{30*30*45}{3}[/tex]

            = [tex]\frac{40500}{3}[/tex]

            = 13500

volume = 13500 [tex]cm^{3}[/tex]

The volume of the pyramid is 13500 [tex]cm^{3}[/tex].

The volume of the square-based pyramid is [tex]13500cm^3[/tex]

The volume of a pyramid is given by

[tex]V=\dfrac{Ah}{3}[/tex]

where

[tex]A=\text{area of the square base}\\h=\text{perpendicular height}[/tex]

The area of the square base, [tex]A[/tex], is calculated as follows

[tex]A=side^2\\=(30cm)^2\\=900cm^2[/tex]

substitute the value of [tex]A[/tex], and [tex]h[/tex] ([tex]45cm[/tex]) into the volume formula to calculate the pyramid's volume

[tex]V=\dfrac{Ah}{3}\\\\=\dfrac{900\times 45}{3}\\\\=13500cm^3[/tex]

Therefore, the volume of the pyramid is [tex]13500cm^3[/tex]

Learn more about volume of pyramids here: https://brainly.com/question/1260835

PLEASE, PLEASE HELP D:
write the linear equation given :

1. slope = 1/4; y-intercept =7

2. slope = -3; y-intercept = 2/3

3. slope = 2/3; y-intercept = 2/3

4. slope = -2; y-intercept = -1/2

5. slope = -3/4; y-intercept = -3

Answers

Answer:

1. y =1/4x + 7

2.y =-3x + 2/3

3. y =2/3x + 2/3

4.y =-2x - 1/2

5.y =-3/4x -3

Step-by-step explanation:

By using the slope- intercept form of the equation, y=mx + b, where m=slope and b=y-intercept, you can substitute the values of slope and the y-intercepts into the formula y=mx + b

On a coordinate plane, point A is (1, negative 2), point B is (2, 1), point C is (3, 1.5), point D is (4, 2).
Point A is rotated 90° counterclockwise around the origin.


Which point is the same distance from the origin as point A?
B
C
D
O

Answers

Answer: A.) B

Step-by-step explanation: i hope this helps you out!

Solve the equation below for x in terms of a 4(ax+3)-3ax=25+3a

Answers

Answer:

x = (13 + 3a) / a

Step-by-step explanation:

Given equation:

4(ax+3) - 3ax = 25 + 3a

Open parenthesis

4ax + 12 - 3ax = 25 + 3a

Collect like terms

4ax - 3ax = 25 + 3a - 12

Simplify

ax = 13 + 3a

x = (13 + 3a) / a

4(ax+3) - 3ax = 25 + 3a is equivalent to x = (13 + 3a) / a

In AUVW, the measure of ZW=90°, VU = 65, UW = 33, and
WV = 56. What ratio represents the tangent of ZU?

Answers

Answer: 56/33

Step-by-step explanation:

George spent 1 ½ hours studying on Monday, and 1 ⅔ hours studying on Tuesday. If he spent ¼ of the total time studying math, what fraction of an hour did George spend studying math?

Answers

I believe the answer is 79 minutes, so you could also say an hour and 19 minutes! Hope this helps! <3

The population of a town is 132,00. The population increases 4% a year. What will be the population in 8 years?

Answers

9514 1404 393

Answer:

  180,651

Step-by-step explanation:

Each year, the population is multiplied by the factor 1 + 4% = 1.04. After 8 years, it will have been multiplied by that factor 8 times. We indicate repeated multiplication like that using an exponent.

  population in 8 years = 132,000 × 1.04^8 ≈ 180,651

Write and equation for the line graphed below? Use slope-intercept form. ASAP PLSS!

Answers

Answer:

3,5,-5

Step-by-step explanation:

because it on y asix

An apple watch that sold for $200 was on sale for $120.
What was the percent of discount?


Answers

The percentage of discount is 40%
There was a 40% discount

Express (20^2)^1/5 in simplest radical form

Answers

Answer:

3.31445...

Step-by-step explanation:

(20^2) = 400

400 ^ (1/5) = 3.314454017

The answer is 5 /20^2

The triangles are congruent. Find the measure of x.

Answers

Match up the sides for each triangle using the little marks through the sides

1 to 1, 2 to 2 and 3 to 3

When you do this you see that x corresponds to c on the first triangle.

The 3 angles in a triangle = 180.

Find c by subtracting A and B from 180

C = 180- 29-63 = 88

Now x = c so x = 88

The answer is C. 88

PLEASE HELP ASAP! ILL MARK BRAINLEST i feel like i’m missing one

Answers

Answer:

The ans is correct. But I think C is also correct.

Step-by-step explanation:

what is the square root of 3 multiplied by 1/2 in the simplest radical form?

Answers

Answer:

usbqjqnamallqnbajabqjqnqkqlqlqllqqlqoqoqnajajhchhsgavbsujwhwjwjqqbq.

hshsjwhwjwjuwubwbwwuwhquuwqjqjqkqbqv pangit mo potang ina mo bulok wlang silbe wag kana mag ajabajajajqkqjbqiqiq

ILL GIVE BRAINLIEST AND EVERYTHING ELSEEE HELP

Answers

Answer:

The Second One

Step-by-step explanation:

Commutative Property

The Smiths spend 5% of their budget on entertainment. Their total budget this year is $2,000 more than last year, and this year they plan to spend $2,300 on entertainment. What was their total budget last year?

Their total budget last year was

Answers

Answer:

$44,000 is the total budget

What's the slope of -1,0 and 3,-2

Answers

Answer:

-2/4

Step-by-step explanation:

What's the slope of -1,0 and 3,-2

Answer:

-0.5

Step-by-step explanation:

solve for “x”.

2x = 5

thanks to whoever helps!! :)

Answers

Answer is 2.5 bc u have to divide 5 by 2 then u get ur answer

Answer:

2.5

Step-by-step explanation:

In this equation x is equal to 2.5. I got this answer by dividing both sides of the equation by 2, since we do the opposite operation of how the equation is set up. Have a great day! :)

1) 6c + 7 = 8c - 3

2) -8 (4 + 9x) = 7 (-2 - 11x)

Answers

Answer:

c=5,x=18/5 or 3.6

Step-by-step explanation:

What is the solution to the inequality? 6x - 5 > -29


A. x 4

C. x > -4

D. x < 4

Answers

Answer: A

Step-by-step explanation:

Suppose Tommy walks from his home at (0, 0) to the mall at (0, 6), and then walks to a movie theater at (7, 6). After leaving the theater Tommy walks to the store at (7, 0) before returning home. If each grid square represents one block, how many blocks does he walk? Blank Tommy walks blocks.

Answers

Answer:26 blocks

Step-by-step explanation:

If i had to guess, 19 blocks?
If his home is at (0,0) and he goes to (0,6) that’s 6 blocks. Then he goes to (7,6) which is only 7 more blocks since he was already at (0,6), so now he’s at 13 blocks. Lastly, if he goes from (7,6) to (7,0) that would add 6 more blocks making it 19 blocks.
However there wasn’t a picture included so i’m not sure if you would also add the blocks it took him to get home again. If they want you to include him getting home again then the answer would be 26 blocks, if not 19 blocks.

Please help me!! I'll give Brainliest!! Fairly simple Geometry question!

Answers

the answer is A !!! hope this helped :)))

Answer:

Option A

Step-by-step explanation:

Let's look at the options

A. Equal side lengths and equal diagonal lengths.

Correct

B. Impossible without angle measure.

Incorrect. Option A gives us solution.

C. Equal side lengths and diagonals bisect each other.

Incorrect. This could be a rhombus.

D. Equal side lengths and diagonals.

Incorrect. Diagonals will have a  greater length.

his recipe makes 6 pancakes.
Sanjay follows the recipe but wants to make 24 pancakes.
How much of each ingredient does he need?
g flour
tsps baking powder
tbsps sugar
mL milk
eggs
tbsps oil

Answers

Times everything by 4.

If a circle has a diameter of 23 inches, then the radius will be

Answers

Answer:

11.5 in

Step-by-step explanation:

The radius is half the diameter

23/2=11.5

If a circle has a diameter of 23 inches, then the radius will be 12.5 inches.

What is the relation between the radius and the diameter of the circle?

The radius is half of the diameter of the circle, for calculating radius we can divide the diameter of the circle by 2.

Given that,

The diameter of the circle is equal to 23 inches.

d = 23 inches

It is known that,

The radius is half of the diameter of the circle,

so it can be written in the form expression as:

r  = D/2

D = 23 inches

r  = 23/2

  =  12.5 inches

Hence, the radius of the circle 12.5 inches.

To know more about diameter check:

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a medium egg has a mass of 50 grams what is the mass of a 8 medium egg
a 40 l
b 400 g
c 40 g
d 400 kg

Answers

Answer:

400 grams.

Step-by-step explanation:

The mass of one medium egg is 50 grams. To solve for 8 medium eggs. Multiply.

50 * 8 = 400

400 grams.

which number is equal to 15 a)0.015 b)1.5 c)150/100 d)3/20

Answers

Answer:

c

Step-by-step explanation:

Answer: 150/100

Step-by-step explanation:

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