Answer:
Required 1.
Jan 1
Cash $30,000 (debit)
Capital $30,000 (credit)
Jan 2
Rent Expense $2,450 (debit)
Cash $2,450 (credit)
Jan 3
Supplies $2,200 (debit)
Accounts Payable $2,200 (credit)
Jan 4
Accounts Payable $850 (debit)
Cash $850 (credit)
Jan 5
Cash $14,940 (debit)
Fees Earned $14,940 (credit)
Jan 6
Automobile Expenses $1,580 (debit)
Miscellaneous expenses $470 (debit)
Cash $2,050 (credit)
Jan 7
Salaries Expenses $2,000 (debit)
Cash $2,000 (debit)
Jan 8
Supplies Expense $1,100 (debit)
Supplies $1,100 (credit)
Jan 9
Capital $3,200 (debit)
Cash $3,200 (credit)
Required 2
Cash = $ 34,390 (debit)
Capital = $ 26,800 (credit)
Rent Expense $2,450 (debit)
Supplies = $ 1,100 (debit)
Accounts Payable = $ 1,350 (credit)
Fees Earned $14,940 (credit)
Automobile Expenses $1,580 (debit)
Miscellaneous expenses $470 (debit)
Salaries Expenses $2,000
Supplies Expense $1,100
Required 3.
Debit Credit
Cash $ 34,390
Capital $ 26,800
Rent Expense $2,450
Supplies $ 1,100
Accounts Payable $ 1,350
Fees Earned $14,940
Automobile Expenses $1,580
Miscellaneous expenses $470
Salaries Expenses $2,000
Supplies Expense $1,100
Totals $43,100 $43,100
Required 4.
a. Amount of total revenue recorded in the ledger = $14,940
b. Amount of total expenses recorded in the ledger = $7,600
c. Amount of net income for January = $7,340
Required 5.
Increased by $4,140
Explanation:
Calculation of T - Account Balances
Cash $30,000 - $2,450 - $850 + $14,940 - $2,050 - $2,000 - $3,200 = $ 34,390 (debit)
Capital $30,000 - $3,200 = $ 26,800 (credit)
Rent Expense $2,450 (debit)
Supplies $2,200 - $1,100 = $ 1,100 (debit)
Accounts Payable $2,200 - $850 = $ 1,350 (credit)
Fees Earned $14,940 (credit)
Automobile Expenses $1,580 (debit)
Miscellaneous expenses $470 (debit)
Salaries Expenses $2,000
Supplies Expense $1,100
Calculation of total expenses recorded in the ledger.
Rent Expense $2,450
Automobile Expenses $1,580
Miscellaneous expenses $470
Salaries Expenses $2,000
Supplies Expense $1,100
Total $7,600
Calculation of net income for January.
Sales Revenue $14,940
Less Expenses ( $7,600)
Net Income / (Loss) $7,340
Calculation of increase or decrease in owner’s equity for January.
Net Income / (Loss) $7,340
Less Drawings ($3,200)
Change $4,140
Therefore, Owners Equity Increased by $4,140
a) motivation.
b) organizational citizenship behaviors (OCB).
c) ethical sensitivity.
d) ability.
Answer:
d) ability
Explanation:
Based on the information provided regarding the scenario at hand it seems that Dave is trying to improve his employees' abilities and role-perception. Dave wants this training to allow his employees to gain the knowledge of how to operate correctly and efficiently during work-hours in order to increase overall performance and at the same time customer satisfaction.
B automatie reordering
C group decision making
D the need to make a prohi
In business, buying price is very important because of the need to make a profit. Option (D) is correct.
Businesses must turn a profit, the buying price is crucial. The costs at which a business purchases goods and services determine in large part whether it will be profitable. The cost of producing goods or rendering client services is determined by the price at which they are purchased. The company might not be able to turn a profit when it sells goods or services if the purchase price is too high.
The corporation might not be able to cover the cost of production if the purchase price is too low, which could result in a loss. In order to ensure that they can turn a profit, businesses must therefore carefully analyze the purchasing price of goods and services.
Therefore, Option (D) is correct.
Learn more about buying price, here;
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Answer:
y = 0.01x + 300
Explanation:
There are some missing information in the question that are shown below:
If it spends no money on advertising, it sells 300 units
For each $1,500 additional spent, an additional 15 units are sold.
Given that
Number of units sold in case of no money spending = 300 units
Additional money spent = $1,500
Additional units sold = 15 units
By considering the above information, the formula is presented below:
y = 0.01x + 300
where,
0.01X is come from
= (Number of units sold in case of no money spending + Additional units sold - Number of units sold in case of no money spending) ÷ (Additional money spent)
= (300 units + 15 units - 300 units) ÷ ($1,500)
= 0.01X
Answer:
D. It will decrease the output level
Explanation:
Answer: d
Explanation:
Based on internet and website analysis, it is false that the only way publishers of media websites generate revenue is by charging advertisers to display ads on their sites.
Websites generate revenue in many ways, which include the following:
Hence, in this case, it is concluded that the correct answer is False.
Learn more about how websites generate revenue here: brainly.com/question/2833175
The statement is false. Publishers of media websites generate revenue not only through advertising but also from digital subscriptions, pay per view on premium content, and other diversified income streams.
The statement is false: the only way publishers of media websites generate revenue is not only by charging advertisers to display ads on their sites. While advertising is certainly a significant source of revenue, it is not the only one. Many publishers have diversified their income streams to include options such as digital subscriptions or pay per view for premium content.
For instance, let’s consider the decline in advertising revenues for print media, which dropped from $46 billion in 2012 to just $20.5 billion in 2020. In response to this shift, many publishers have enhanced their online presence as the number of people looking for news and entertainment online has increased. Even though advertising revenues have dipped, digital subscriptions allow news outlets to stay financially viable.
Digital paywalls where readers have to purchase online subscriptions to access specific content, are another way of generating income. Websites like Politico.com, Daily Kos, and even established newspapers like The New York Times have capitalized on this strategy. The availability and ease of online publication have enabled more niche media outlets to form and compete in the digital media market.
#SPJ11
Answer:
If you invest $1,600 at the end of every year for four years at an interest rate of 14%, the balance of your investment in 4 years will be closest to:____________
$7,873.83
Explanation:
a) Data:
Annual investment = $1,600
Interest rate = 14%
Number of period = 4 years
b) Calculations, using an online finance calculator:
FV (Future Value) $7,873.83
PV (Present Value) $4,661.94
N (Number of Periods) 4.000
I/Y (Interest Rate) 14.000%
PMT (Periodic Payment) $1,600.00
Starting Investment $0.00
Total Principal $6,400.00
Total Interest $1,473.83
c) The investment of $1,600 at the end of every year for fours will grow to $7,873.83 with the principal amount of $6,400 ($1,600 * 4) plus compounded interest of $1,473.83.