during september, sally's hair salon purchased $900 of supplies on account. in october, sally's wants to make a payment of $200 on this bill. record the october transaction into sally's accounting equation by: (check all that apply.) multiple select question. increasing supplies, $900. decreasing accounts receivable, $200. increasing supplies, $200. decreasing accounts payable, $200. decreasing cash, $200.

Answers

Answer 1

Correct answer is

Decreasing Account Payable, $200Decreasing Cash, $200

The connection between an entity's assets, liabilities, and owner's equity is represented by the basic accounting equation, often known as the balance sheet equation. It serves as the system's cornerstone for double-entry bookkeeping. The total debits and total credit for each transaction are equal.

Capital in a corporation is the stockholders' equity. Since every business transaction impacts at least two accounts, the accounting equation will constantly be "in balance," which means the left and right sides of a company's balance sheet should always be equal. In essence, the accounting method demonstrates that the firm's assets were acquired using equity and/or liabilities.

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Related Questions

a. the higher the correlation between the stocks in a portfolio, the lower the risk inherent in the portfolio. b. an investor can eliminate almost all market risk if he or she holds a very large and well diversified portfolio of stocks. c. an investor can eliminate almost all risk if he or she holds a very large and well diversified portfolio of stocks. d. an investor can eliminate almost all diversifiable risk if he or she holds a very large, well-diversified portfolio of stocks. e. once a portfolio has about 40 stocks, adding additional stocks will not reduce its risk by even a small amount.

Answers

An investor can eliminate almost all diversifiable risks if he or she holds a large, well-diversified portfolio of stocks.

Trading in the market is always risky as we are trading on the basis of the future. Nobody has seen nor will anyone be able to predict the future accurately. So we cannot lower the risk in the portfolio by just having a higher correlation between the stocks in a portfolio. The larger number of shares the risk will be lesser when compared.

The market risk associated with the market cannot be reduced but definitely, but the diversifiable risk can be reduced. The diversifiable risk means how risky our investment will be when we have our investment in other sectors. So it is very rare that all the sectors of an economy will fall unless there is a calamity. So the more diversified lesser will be the risk.

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Your question was incomplete. Please refer to the complete question here:

Which Of The Following Statements Is CORRECT?

A. The Higher The Correlation Between The Stocks In A Portfolio, The Lower The Risk Inherent In The Portfolio.

B. Once A Portfolio Has About 40 Stocks, Adding Additional Stocks Will Not Reduce Its Risk By Even A Small Amount.

C. An Investor Can Eliminate Virtually All Market Risk If He Or She Holds A very large and well-diversified portfolio of stocks.

D. An investor can eliminate almost all diversifiable risk if he or she holds a very large, well-diversified portfolio of stocks.

E. once a portfolio has about 40 stocks, adding additional stocks will not reduce its risk by even a small amount.

asserts that each of the balance sheet and income statement balances actually exist, while asserts that each of the income statement events and transactions actually did occur in the proper period. (enter only one word per blank.)

Answers

Asserts that each of the balance sheet and income statement balances actually Existence while asserts that each of the income statement events and transactions actually did Occurence in the proper period .

What is Income Statement ?

The income statement is one of three primary financial statements used to reflect a company's financial performance over a certain accounting period, along with the balance sheet and the statement of cash flows.

The income statement, also known as the profit and loss statement or the statement of revenue and expense, largely focuses on a company's revenues and expenses within a specific time.

An income statement's objective is to tell investors, creditors, and readers about the company's profitability during the fiscal year. In the context of corporate finance, the income statement is a record of the company's profit and loss for the fiscal year.

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businesses look for insights in huge volumes of data from web traffic, email, social media, and internet-connected machines.

Answers

Businesses look for insights into huge volumes of data from web traffic, email, social media, and internet-connected machines such as Big Data and the Internet of Things.

What do you understand about the Internet of things?

The network of physical items, or "things," that are implanted with sensors, software, and other technologies for the purpose of communicating and exchanging data with other devices and systems through the internet is referred to as the Internet of Things (IoT). The internet of things, or IoT, is a network of connected computing devices, mechanical and digital machinery, items, animals, or people that may exchange data across a network without requiring human-to-human or human-to-computer interaction. He titled his presentation "Internet of Things" since in 1999 the internet was the biggest new technology and it made sense.

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please help, easy multiple choice question
whoops meant to put it in art

Answers

Answer: The answer that is correct is the last one, which is shape.

I hope this helped!

the enclosed space between where lines meet is called a shape:)

wm. wrigley jr. company once made only chewing gum. when wrigley bought life savers (a line of candy mints) and altoids (a line of breadth mints) from kraft, chewing gum then constituted less than 95 percent of revenues. thus, wrigley

Answers

Wm. Wrigley Jr. Company once made only chewing gum. When Wrigley bought Life Savers (a line of candy mints) and altoids (a line of breath mints) from Kraft, chewing gum then constituted less than 95 percent of revenues. Thus, Wrigley was moving away from its traditional single-business strategy toward a dominant strategy.

How do you define revenue?

Revenue is the revenue from normal operations calculated by multiplying the average selling price by the number of units sold. This is the top line (or gross income) from which expenses are subtracted to determine net profit. Revenue is also known as income statement revenue.

An example of revenue?

Examples of Revenue Accounts: Sales, Service Revenue, Acquisition Fees, Interest Revenue, Interest Income.

What is the revenue of the company?

Your Annual Revenue is the amount of money your business has made from his annual sales. This does not include costs and expenses. To calculate annual revenue, multiply the quantity of each product sold by the retail price, then add the annual sales of each product to arrive at the total annual revenue.

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the ""trolley problem"" is an exercise in ethical decision-making. the principles laid out in the trolley problem provide a mandated approach to business ethics.

Answers

The ""trolley problem"" is an activity in ethical decision-making. The concepts outlined in the trolley problem do not provide a prescribed strategy to business ethics. So the answer is False.

What is Trolley Problem?

The trolley dilemma is a set of ethical and psychological thinking experiments that simulate ethical choices on whether to sacrifice one person to save more people. A runaway tram or trolley is on course to hit and kill a number of people (often five) down the track, but a driver or bystander can intervene and reroute the vehicle to kill just one person on a different track. This is how most episodes of the series start. Then, similar life-and-death situations (medical, legal, etc.) and other variations of the runaway car are presented. In each situation, there is an option between doing nothing, which would result in the deaths of numerous individuals, and intervening and sacrificing one initially "safe" person to save the rest.

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which accounting firm audited all of these companies: enron, worldcom, sunbeam, waste management, global crossing, and baptist foundation of arizona?

Answers

Arthur Andersen in which accounting firm audited all of these companies.

Option A is correct

What is Account Auditing ?

Audit accounting can be an internal procedure focused on risk mitigation and identifying potential for cost reductions. Audit accountants can also be independent specialists that perform external audits on corporate accounting.

Audits are classified into three types:

External audits Internal audits Internal Revenue Service (IRS) audits.

The audit's primary goal is to establish an opinion on the facts in the financial report as a whole, rather than to identify all probable anomalies. This means that, while auditors are on the lookout for signals of potential substantial fraud, there is no guarantee that fraud will be detected.

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Complete Question :-

Which accounting firm audited all of these companies: Sunbeam, Waste Management, Global Crossing, and Baptist Foundation of Arizona?

a. Arthur Andersen

b. KPMG

c. PriceWaterhouse

d. Deloitte & Touche

ca
‼️‼️ HELP. 15. Bill and Mary Randall deposited their paychecks for $611.33 and
56 $701.45 and a check from their insurance company for $75.25. They
received $150 in cash. What was their total deposit?

Answers

Answer:

$1, 238.03

Explanation:

The total deposit will be composed of

1.  Pay checks $611.33 + $701.45 = $1,312. 78

2. Plus Insurance check

 = $1,312. 78 +  $75.25

 =$1,388. 03

3. Minus cash received

= $1,388. 03 - $150

=$1, 238.03

When Fidelity partnered with the Capital Good Fund to service loans to disadvantaged communities, this was an example of______________.

Answers

Answer:

Community Development Financial Institutions

Explanation:

Community development financial institutions are a coalition of financial institutions that come together to provide low cost loans to disadvantaged communities that are made up of low-income earners and areas of low wealth.

The focus of CDFIs is community development and not profit maximisation.

Indices such as job creation and retention are used as a yardstick for how successful a CDFI is.

Fidelity partnering with the Capital Good Fund to service loans to disadvantaged communities is an example of a CDFI

According to O*NET, what is the projected growth for this career between 2019–2029? faster than avera slower than average average little or no change

Answers

Answer:

Decline

Explanation:

Answer:

The Answer is D Average

Explanation:

Why is communism disappearing?

Hint: (demand market v. Command market)

Answers

Answer:

Because of the overpowering status of Capitalism.

Explanation:

In Marxist and Communist Thought or Ideology (sometimes the same thing), there are many different perspectives on the matter. The Classical Marxist thought would say that Communism never truly existed, and cannot be a regime. False regimes have come up under the guise of Communism (but truly monarchies without religion), but they were truly supporters of the Capitalist cause (which isn't as much an unjust cause as it is a necessary cause). Without Capitalism, true Communism would never come around.

Marxist-Leninists might say that they disappeared because of rightist agendas of some members of Communist parties. Or they might say that Communism has not died out, but lives on in places such as DPRK (North Korea) and Venezuela or Cuba.

The person above is right

15 points!
You will need to revise your budget to account for a car payment.

Which expense category would be the most difficult to change or reduce?

entertainment -Not the answer
rent
savings
groceries

thank you!

Answers

Answer:

rent

Explanation:

The rent expense will be difficult to revise. Usually, the rent amount is contained in a tenancy agreement signed by both the landlord and the tenant. The rent amount does not change until the lease or tenancy agreement expires. Changing the rent amount would require the landlord's consent.

Due to the above reasons, rent is classified as a fixed cost. It remains constant in the short run.

Answer:

rent

Explanation:

is the correct answer

delia's is a clothing retailer that targets teenage girls. the company runs coordinated promotions for its catalogs, website, and retail outlets. it uses the same models in its catalog, print ads, and website. delia's works to make sure its public relations activities as well as its sales promotions harmonize with its advertising in all aspects. from this information, we can infer that delia's is using

Answers

Teenage girls are the main market for Delia's, a clothes company. The business coordinates marketing for its websites, catalogs, and physical stores. In its catalog, print commercials, and internet, it employs the same models. Delia's attempts to ensure that all facets of their PR initiatives, sales promotions, and advertising are consistent. We can deduce that Delia's is utilizing integrated marketing communication from this information.

According to Schultz and Schultz (Schultz and Schultz, p. 19), the idea of integrated marketing communication (IMC) was first proposed in the 1980s and has since altered how communicators and marketers interact and conduct business. IMC is described by the American Marketing Association as "a planning process meant to ensure that all brand contacts for a product, service, or organization received by a consumer or prospect are relevant to that person and consistent across time."

In order to make a brand's messaging consistent across all of the media that it utilizes to reach its target audience, a method known as integrated marketing communications (IMC) is used. It is a tactical technique that serves as a strategic framework for all marketing channels' communication.

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flitter reported net income of $22,000 for the past year. at the beginning of the year the company had $209,000 in assets and $59,000 in liabilities. by year end, assets had increased to $309,000 and liabilities were $84,000. calculate its return on assets:

Answers

With the help of the given figures, after putting all the figures in the formula that is used for calculating return on assets, the figure that has been arrived at is 8.4%.

What is return on assets?

A return on assets is nothing but a kind of return that has been arrived at or gotten in exchange for the investment that has been made by an individual, a firm, an organization, or anything else. There is an easy way to calculate the return on interest.

There are various types of interest returns, but if it is considered a good return on investment, it should be greater than 5%, whereas if it is considered better, it will be greater than 20%.

Return on Assets =  net income /  [(previous years assets + increased assets )/2]

Return on Assets = $22,000/ [( $209,000 +$309,000 )/2]

Return on Assets =$22,000 / $259,000  = 0.084 = 8.4 %

Thus, return on assets in the given case is 8.4%.

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At the beginning of october, nc inc. Had a beginning balance in supplies of $650. During the month, the company purchased $800 of supplies on account. At the end of the month, the company counted up the remaining supplies and determined there was $300 left. What amount should be debited to supplies expense at the end of october?.

Answers

Cash service revenue = $2,000 Cash collected from accounts receivable should be debited to supplies expense at the end of October.

What are accounts receivable?

Money owed to a business in the near future is represented by the asset account known as accounts receivable on the balance sheet. When a business permits a customer to pay for its products or services on credit, accounts receivable are generated.

Similar to accounts receivable, accounts payable tracks money that is owed as opposed to money that will be collected. The ratio of accounts receivable to sales outstanding or days sales outstanding can be used to determine how strong an organization's AR is.

To determine when the AR will actually be received, a turnover ratio study might be performed.

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ultimately, who pays the majority of the economic burden of the tax is dependent upon the marginal tax rate. the cost-benefit priniciple. the marginal principle. the relative supply and demand elasticities.

Answers

The relative supply and demand elasticities. If the demand is inelastic, then the consumer cannot change demand much when the price changes, and hence the tax burden is more on the consumer, thence, the more. inelastic the demand/ supply, the move the border of the tax.

The Theory of Demand is a Law that states the connection between the amount Demanded of a product and its fee, assuming that every one of the opposite elements affecting the Demand is constant. According to the Law of Demand Theory, the amount Demanded of a commodity is inversely associated with its fee withinside the market.

Demand traits are extraneous variables that could have an effect on the results of the study. These cues may also nudge members to consciously or unconsciously alternate their responses.

These are examples of ways the regulation of delivery calls for works withinside the actual world. An organization units the fee of its product at $10.00. No one needs the product, so the fee is decreased to $9.00. Demand for the product will increase at the brand new decrease fee factor and the organization starts offevolved to make cash and a profit.

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What is federal income tax?

The federal income tax is a significant deduction from an employee’s ______
pay.

Answers

Answer:

The federal income tax is a significant deduction from an employee’s personal

pay.

Explanation:

Nothing make sense

Answer:

I believe its Gross pay

Explanation:

gross pay is what an employee has before taxes

me
Alan is young, but he decides to plan for his retirement early. He decides to formulate some estimates of his lifetime income. Which answer best describes Alan’s lifetime income?
Alan’s lifetime income is his employee benefits, like health insurance.
Alan’s lifetime income includes his salary and retirement benefits.
Alan’s lifetime income includes both his career outlook and his career environment.
Alan’s lifetime income is both his college classes and his vocational training.

Answers

Answer:

Alan is young, but he decides to plan for his retirement early. He decides to formulate some estimates of his lifetime income. Which answer best describes Alan's lifetime income? Alan's lifetime income is his employee benefits, like health insurance.

Answer:

Alan’s lifetime income includes his salary and retirement benefits.

Explanation:

buying products produced in another country is known as multiple choice importing. trade protectionism. comparative advantage. exporting.

Answers

Buying products produced in another country is known as importing.

Exporting is selling products done in the country abroad.

Trade protectionism is a State's disposition that interferes with free trade in order to protect and encourage local production.  It consists of barriers to importation, like heavy duties or prohibition of importing certain products.

Comparative advantage is the specialization in the production of a certain good that has lower opportunity costs of production than competitors. For example, a country with plains and grasslands has a comparative advantage for specialization in agriculture.

As you can see, importing is the correct answer, because it consists of buying goods and services abroad for consumption in one's country.

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approaches to management include learning organizations, high-performance work practices, and sustainable development.

Answers

Answer: contemporary

Explanation:

The _____of the United States is the federal reserve

Answers

Central banking system

Answer:

The bank of the united states

Explanation:

Which of the following is used as the key determinant to signal to producers what
S.
to produce and how much to produce in a free-market economic system?
A) the market curve
B) trend
C) price
D) quantity

Answers

Answer:

i guess the answer is :- trend

Why is it important to begin establishing your personal brand while you are still in​ college?.

Answers

It is important to begin establishing your personal brand while you are still in college because personal brand will help you determine what you want to do.

What is a personal brand?

It should be noted that a personal brand simply means the process for creating an identity for oneself. This entails creating a clear and consistent brand identity, message, and presence both online and offline. There are numerous psychological justifications for why developing your personal brand may be beneficial

Therefore, it is vital to begin establishing your personal brand while you are still in college because a personal brand will help you determine what you want to do. This is important as it will give the person his or her own identity.

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the earnings of workers . a. do not depend on their general ability and effort b. depend on the marginal benefit they receive from an activity c. depend on the highest degree earned d. do not depend on the college attended

Answers

The earnings that a worker gets c. depend on the highest degree earned.

What influences earnings?

The earnings of a worker depends on their ability and effort in the company as this can bring promotions and bonuses.

They also depend on the college attended with higher quality colleges commanding higher incomes. The person's highest degree also influences their earnings with Masters and Doctorate holders earning more.

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16. Morgan Meers deposited his pagcheck for $201.20, a refund chers from
a store for $19.78, and $34.23 in cash. What was his total deposit!

Answers

All of that would be $255.21

An editor must enjoy which of the following?
A reading
B. public speaking
29
D video creation
C job isolation

Answers

Answer:

Video creation

Explanation:

I'm editor too...and I love creating videos so that I can try new edits on it....

Video creations tooo hehe editor too follow this accounts
Uzumaki Boruto this account with iguro’s pic thanks

What is an optical cue?

Answers

answer well they  provide depth information when viewing a scene with both eyes.

i don't know how else to explain it

true or false a task performed every other month has a higher initiating event frequency than a task performed every week

Answers

It is untrue that a task cannot have a higher initiating event frequency than a job performed every week.

occurrence rate the likelihood that threat agents will behave in a way that could cause loss on average throughout the course of a event frequency particular period of time Sometimes people learning FAIR mix up TEF and LEF, and this is actually one of the most frequently missed questions on the certification exam.

Determining the event frequency of loss events under this scenario will be important since it will highlight factors to take into account and strategies to apply frequently when dealing with cybercrime scenarios.

To start, it's important to understand the one crucial condition that establishes whether cybercriminals are a significant danger event frequency community in relation to this audit finding: the system penetrated by a cybercriminal must be one that is utilized by a worker who has unwarranted access privileges.

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here is 20 points cause you earned it king/queen

Answers

Thank you! Have a wonderful Christmas:3

what are the advantages and disadvantages of common stocks​

Answers

Advantages:

You can invest in companies with limited liability. Common stocks offer a higher earning potential. You can easily purchase common stock on virtually any trading platform. Common stocks can provide dividends. You’ll get to take advantage of a growing economy.

Disadvantages:

You are the last person to get paid during a company liquidation. You don’t have much control over your investment. Companies are not required to pay dividends on common stocks. It can take time to generate significant gains. You will face high levels of professional competition when investing in common stocks.

Hopes this helps :)

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