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dem82 [27]
2 years ago
7

Mr. Decker invested $20,000 in cash in his new business. How does the company record the investment?

Business
1 answer:
Rudiy272 years ago
8 0

Answer:

The company records the investment by the entry:

(D) debit Cash and credit Owner's Equity

Explanation:

Mr. Decker invested $20,000 in cash in his new business. He is the Owner of the company.

In the case, the company that he invested received cash from Mr. Decker.

The company will record the increasing in cash and increasing in Owner's Equity account by the journal entry:

Debit Cash $20,000

Credit Owner's Equity $20,000

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Answer:

Valence

C. Reassuring him that he has a job with MBSC as long as he performs well

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Irene invested $27,000 in a twelve-year CD bearing 8.0% interest, but needed to withdraw $6,000 after three years. If the CD’s p
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Ivan is an operations manager of a chain of amusement parks. Before she determines a new location for a park, she must forecast
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Answer:

because Ivan's decisions will impact the substantial cost of the business.

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An operations manager is responsible for managing organizational resources and applying them effectively to meet organizational goals and objectives. It is therefore necessary that Ivan as the operations manager of a network of amusement parks, before determining a new location for a park, he must anticipate the customer demand and determine the adequate capacity of the site for the construction of the park. that their decisions will directly impact the substantial cost of the business, that is, the planning must meet the needs specified by the customer so that the cost is compatible with the budget provided for by an effective planning for that business.

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1 year ago
Kieran owns and operates his own bike shop. In the past week, he received two offers: one to work for a competitor for $50,000 p
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Answer:

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