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Dmitry_Shevchenko [17]
2 years ago
9

Breeze Inc. receives payment of $800,000 for 4 wind turbines that were delivered and invoiced on credit in the previous month. H

ow would this receipt impact the accounting equation of Breeze Inc.?
Business
1 answer:
just olya [345]2 years ago
3 0

Answer:

No impact on accounting equation of Breeze Inc.

Explanation:

Account equation: Asset = Liabilities + Shareholders' equity

Upon delivery and invoicing of the 4 wind turbines, the Breeze Inc. had recognized following journal entry:

An asset is recorded

Accounts receivable (Debit)

Sales (Credit)

Upon receipt of cash, accounts receivable is credited and cash is credited e.g. there is no impact on total assets, therefore there is no impact on accounting equation.

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Which tasks are done by both historians and detectives? Check all that apply.
Svetllana [295]
<h2>collecting evidence to answer a question</h2><h2>researching past events</h2><h2>studying evidence to solve a problem</h2><h2>finding out where, when, and why an event happened</h2>

Explanation:

determining who is responsible for a crime: History does not much speak or research about crime. Only detectives will do research on crime. This option is invalid.

collecting evidence to answer a question:

Historians collects evidence to prove the past where as detectives collect evidence to prove the crime

researching past events

Past events are researched to find out the history by the historians, and detectives research the past crime

finding out where, when, and why an event happened: Historians finds details to register the history for future use and detectives find out the place, date and reason for crime.

studying evidence to solve a problem

Historians study evidence to prove the history and detective study to prove the crime

4 0
2 years ago
Read 2 more answers
Consider this argument: "the kidnappers have taken eight people hostage and are holding them at a farmhouse just outside town. i
Kisachek [45]
<span>The kidnappers have taken and holding eight people hostage at a farmhouse just outside town. If the Swat team assaults the farmhouse, hostages will be killed. If they give into the kidnappers' demands for ransom, hostages will be safe but the tactic will encourage more kidnappings of innocent people.The argument is an example of compromise. </span>

<span>Compromise is a  negotiation process in which both parties (Swat team and kidnappers)  give up something in order to get something else which they want more. It occurs  in win-lose situations – like in the example that there are hostages taken in. Each of the parties makes concessions in order to reach an agreement that is agreeable to both.</span>

5 0
1 year ago
Bravo Company had a beginning Accounts Receivable account balance of $380. During the period Bravo' sold goods on account for $1
lubasha [3.4K]

Answer:

During the period was collected $1.150

Explanation:

To calculate the total amount collected must be considered the initial balance of the Accounts Receivable then add the goods sold on account and finally must be deducted the final balance of the Accounts Receivable, that difference is the total amount collected in the period by the company.

Please see details bellow:

$380  Initial account balance

$1400 goods sold

($1.150) Collected Amount

$630 ending balance

6 0
1 year ago
A court adjudicates henry mentally incompetent and appoints inez to be his guardian. later, without inez's knowledge, henry sign
Nonamiya [84]
<span>The contract Henry entered into to sell his farm is void and not enforceable. Henry is not mentally competent to enter into such arrangements and the courts will not uphold the sale.</span>
3 0
2 years ago
You would like to know whether silicon will float in mercury and you know that can determine this based on their densities. unfo
kogti [31]
The answer is 1000

Density formula is weight/volume, so the unit should be gram/centimeter^3. To  convert gram/centimeter^3 into kilogram/meter^3, the <span>conversion factors would be:
</span>(gram/centimeter^3) / (kilogram/meter^3)
= (gram/kilogram) /(centimeter^3/meter^3)
<span>= (gram/ 1000gram) / (centimeter^3/ 100^3 centimeter^3)
= (1/1000) / (1 / 100^3)
= 1,000,000/1000= 1,000</span>
6 0
1 year ago
Read 2 more answers
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