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MAVERICK [17]
2 years ago
14

The beginning balance on the monthly bank statement for Ike's checking account was $194.58, and the ending balance was $371.93.

What can be said about Ike's transactions for the month?
A. He had $566.51 more in debits than in credits.
B. He had $566.51 more in credits than in debits.
C. He had $177.35 more in credits than in debits.
D. He had $177.35 more in debits than in credits.
Business
2 answers:
wlad13 [49]2 years ago
4 0
The answer is he had 177.35 more in credits then in debits
Deffense [45]2 years ago
3 0

C (apex) is the correct answer

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Paul worked as an artisan at a furniture company where a set of artisans were required to produce a specific part of a product,
SpyIntel [72]

Answer:

Challenge

Explanation:

Challenge is considered as an entrepreneurial advantage because it tend to 'force' people to actively improve themselves and find out inventive way to solve a problem.

When people feel that their job is not challenging enough, overtime they will feel that their activities become stale and boring. This will lead to the situation where they become unmotivated to even to come to work.

Having enough challenge at your work will keep you curious.

Like Paul, your work will make you feel excited and strive to prove yourself. This will make you constantly try to adapt to new things and keep improvising your craft.

6 0
2 years ago
P2-2. The Golden Goals, a professional soccer team, prepares financial statements on a monthly basis. The soccer season begins i
disa [49]

Answer and Explanation:

The two adjusting entries are as follows:

On May 31

Rent expense ($1,200,000 ÷ 5 months) $240,000

       To Prepaid rent $240,000

(Being rent expense is recorded)

Here the rent expense is debited as it increased the expenses and credited the prepaid rent as it decreased the assets

On May 31

Unearned rent revenue Dr $148,800

       To Ticket revenue $148,800

(Being unearned revenue is recorded)

Here the unearned rent revenue is debited as it decreased the liability and credited the ticket revenue as it increased the revenue

5 0
2 years ago
Suppose an economy currently is at long-run equilibrium point E, with full-employment output (Y*) and price level P*. Given the
vivado [14]

Answer:

Consider the following calculations

Explanation:

A - Increase in oil prices decreases SRAS (SRAS shifts to the left) and increase in consumer confidence will increase AD (AD will shift to the right).

B - Household wealth falls, as a result AD will decrease (AD shifts to the left) and firms expect the price level to fall - decrease in firm's expectations about future price will cause forms to increase aggregate supply now. As a result, SRAS shifts to the right.

C - Federal reserve cuts interest rate, Therefore cost of borrowing decreases, investment increases, aggregate demand increases. AD shifts to the right.

New technology makes workers more productive. Aggregate supply increases. SRAS shifts to the right.

D - Both AD and SRAS shifts to the left.

3 0
2 years ago
​Lori, who is risk​ averse, has two pieces of​ jewelry, each worth​ $1,000. She plans to send them to her​ sister's firm in Thai
Mkey [24]

Answer:

The correct answer is the option E: higher if she sends the jewelry to Thailand in separate boxes because she's risk averse.

Explanation:

On the one hand, if Lori is <em>risk averse</em> then that means that she tends to prefer the less risk that can be in the moment of making a decision without given importance to what she can make of that decision.

On the other hand, the <em>expected utility</em> hypothesis states that Lori will choose the option that will have a greater utility according to the situations.

In conclussion, Lori will choose to send the jewelry to Thailand in separate boxes because she is risk averse and she will prefer to expend more money and lower the risks and by doing that she will have a higher expected utility.

3 0
2 years ago
Friends International is an NGO that fosters greater cultural awareness and understanding by arranging for people of different b
bulgar [2K]

Answer:

Dr Travel Expenses 40,000

Cr Prepaid Expenses 40,000

Explanation:

Friends International

Dr Travel Expenses 40,000

Cr Prepaid Expenses 40,000

Travel Expense for $40,000 was been DEBITED in order to recognize the expense associated with the use of the tickets and cPrepaid Expense for $40,000 was been CREDITED because the company no longer has the right to receive benefits from the prepaid tickets.

6 0
2 years ago
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