Answer:
The answer is 9 ice cream sundaes.
Explanation:
The answer to how many ice cream sundaes that John's budget of $82 is constrained to based on the following data
New Price of Ice cream sundaes (Q1) = $6
New Price of Coffee (Q2) = $4
can be calculated thus
since, 7 coffee was bought for $4 dollars each
7x4 = $28
The remaining funds is now
82-28 = $56
therefore,
$56/$6 = 9 Ice cream sundaes
Answer:
The answer is C
Explanation:
This is an interest expense.
In accounting, the rule is as follows:
Debit side increases asset and expenses while credit side decreases liability, shareholders' equity and sales or revenue.
Credit side decreases asset and expenses while credit side increases liability, shareholders' equity and sales or revenue.
2 points on $400,000 means the interest charge is 2 percent on $400,000.
So we have 0.02 x $400,000
$8,000.
It will be a debit side because it is an increase in expense.
I recently had this assignment and here are a couple of was to do this:
1st way (which is correct according to my grading):
= # of Nights*Hotel rate*(1+hotel tax rate)
2nd way (I got counted wrong for this one on my assignment):
=(hotel rate+(hotel rate*hotel tax rate))*Number of nights
Benefits of having a mindfulness life is that you will think before making decisions.
Answer:
Explanation:
The classified balance sheet comprises of the assets, liabilities, and stockholder equity. With the help of the accounting equation, the total assets are equal to the total liabilities including stockholder's equity.
The assets are further divided into current assets, fixed assets, and intangible assets. Similarly, the liabilities are also further divided but they do not have any intangible liabilities.
The preparation of the partial balance sheet is presented in the spreadsheet. Kindly find the attachment below:
