If an owner gives personal tools to the business, how is the transaction recorded?

Answers

Answer 1

As an additional investment by the owner recorded on the basis of fair market value.


Related Questions

an employee who has integrity is

Answers

Integrity is the act of behaving honorably, even when no one is watching. ... Employers who are committed to hiring employees with integrity are better equipped to provide high-quality service and maintain a positive reputation. When employees have integrity, their managers can trust their team is working diligently.

Answer:trustworthy and honest

Explanation:

Cause I’m amazing

Theresa leased a one-bedroom apartment from Landlady for one year at $500 per month. After three months, she vacated the apartment. A family of five wanted to rent the apartment, but Landlady refused. Three months later—six months into what would have been Theresa’s term—Landlady managed to rent the apartment to Tenant for $400 per month. How much does Theresa owe, and why?

Answers

Answer:

She owes 4500 because she leased the apartment for 1 year and her yearly total would be 6,000 but since she left after three months the amount she paid was 1,500 and 6,000 - 1,500 is 4,500 that is how much she owes.

Explanation:

I hope this helped have a great day!

What is the most difficult part of being a leader?

Answers

Answer:

Guiding everyone else to success

Explanation:

The hardest part about being leader is to lead people with different personalities to work together for the achievement of the objective.

What are the difficulties of being a leader?

A good leader is only good as long as he can unite people and motivate them to work together for one purpose.

The hardest things to manage as a leader is to handle the conflict among the employees by avoiding biasness or favoritism.

One of the toughest aspects of leadership is delegating authority as people are very complicated.

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It is standard procedure to reject a job offer during the interview so you do not waste the time of the interviewer.
Please select the best answer from the choices provided
T
F

Answers

Answer:

False.

Explanation:

In an interview for a job, there is no specific rule to be followed that an interviewee must follow. An interview is a perfect time to get to know more about the company's needs and also to advertise yourself.

But in case the job is no something that you like, then you must call the interviewer back and thank them for their time and also tell them the reason for the job rejection. Moreover, it is unethical to abruptly decline any job offer. Also, rejecting a job during the interview is not a standard procedure, for it will only make you seem more unethical and disrespectful.

Therefore, it is not true that rejecting a job on the spot during an interview is a standard procedure.

the answer would be false !! :'D

Hizan is the owner of a company manufacturing shirts. His company is selling the shirts at a price of ₹200 per unit. The variable costs is ₹150 per unit. The fixed costs for the period is ₹5,00,000/-. Calculate the minimum number of units that must be sold for the company to attain break even. Show break even in terms of rupees.

Answers

Given:

Selling price = ₹200 per unit

Variable costs = ₹150 per unit.

Fixed costs for the period = ₹5,00,000

To find:

The minimum number of units that must be sold for the company to attain break even and break even in terms of rupees.

Solution:

We know that,

Total cost = Fixed cost + Variable cost

Let the number of manufacturing shirts be x, so the cost function for the shirts is

[tex]C(x)=500000+150x[/tex]

Selling price is ₹200 per unit. So, revenue function is

[tex]R(x)=200x[/tex]

At break even point the company has no profit no loss. It means, revenue is equal to cost.

[tex]R(x)=C(x)[/tex]

[tex]200x=5,00,000+150x[/tex]

[tex]200x-150x=5,00,000[/tex]

[tex]50x=5,00,000[/tex]

Divide both sides by 50.

[tex]x=10000[/tex]

Therefore, minimum number of units that must be sold for the company to attain break even is 10,000.

To find the break even price, substitute x=10000 in either cost function or revenue function.

[tex]R(10000)=200(10,000)[/tex]

[tex]R(10000)=20,00,000[/tex]

Therefore, the break even in terms of rupees is ₹20,00,000.

what are the basic element of selection of profession describe any two of them​

Answers

Answer:

Basic elements of selection of profession are:

i. Knowledge

ii. Skill

iii. Demand

iv. Importance

v. Scope

vi. Interest

Knowledge: A person must have knowledge about the profession while selection. If a person has knowledge about all the basic things, and key factors which can help him to get success and run the profession properly then he/she can get achievement in profession. But if a person doesn't have knowledge while selecting profession of his/her kind he/she will be failure in the profession. So knowledge is a very important element of selection of profession.

Demand : A person should select a profession which is highly demanded in society. If a person is knowledgeable and skilled then it will be beneficial for him/her to select a profession according to the demand of people. When a skilled person involves in a job concerning the demand of people he/she can earn so much profit because of the popularity and reputation of the profession. In this way, demand is also an important elemeny of selection of profession.

Explanation:

Pls mark me brainliest if u like the answer :)

Knowledge, skill, demand, importance, scope, and interest are the fundamental factors in choosing a vocation.

What is knowledge?

Knowledge is frequently interpreted as being aware of facts or as having practical abilities, but it can also entail being familiar with things or circumstances. Propositional knowledge, also known as knowledge of the facts, is frequently characterized as a true belief that can be distinguished from opinion or conjecture by the use of evidence.

When choosing a profession, a person must be knowledgeable about it. A person can achieve in their profession if they are knowledgeable about all the fundamental concepts and important elements that can help them succeed and manage their profession effectively. However, a person will fail in their chosen profession if they don't have information when choosing a profession that suits them. Therefore, choosing a vocation requires careful consideration of knowledge.

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Lynwood Bauer was paid $7.25 an hour for his first 2 months of work at his after-school job. He earned $7.45 an hour in the next month and $7.25 in the next four months. What is his average hourly pay rate for the months he worked at his part time job, to the nearest cent /

Answers

Answer:

$7.56

Explanation:

The computation of the average hourly pay rate is shown below:

= (Total wages for all seventh month) ÷ (number of months)

= ($7.25 × 2 + $7.45 + $7.25 × 4) ÷ (7 months)

= $7.56

Hence, the average hourly pay rate for the month is $7.56 and the same is to be considered

We simply applied the above formula

Five data entry operators work at the data processing department of the Birmingham Bank. Each day for 30​ days, the number of defective records in a sample of 200 records typed by these operators has been​ noted, as​ follows:                                                                                                                       Sample No. No. Defectives Sample No. No. Defectives Sample No. No. Defectives 1 7 11 6 21 18 2 6 12 6 22 12 3 20 13 15 23 6 4 10 14 3 24 6 5 10 15 11 25 14 6 8 16 7 26 9 7 12 17 13 27 14 8 10 18 5 28 6 9 5 19 17 29 11 10 14 20 16 30 4 ​a) Establish 3sigma upper and lower control limits. UCL Subscript p ​=

Answers

Answer:

UCL =  22.336

LCL=  -2.936

Explanation:

Sple No. No. Defectives Sple No. No. Defectives Sple No. No. Defectives

1             7                               11                   6                    21 1             8

2             6                             12                   6                     22           12

3             20                           13                      15                    23          6

4               10                           14                        3                    24        6

5               10                            15                         11               25          14

6              8                              16                    7                     26           9

7             12                               17                     13                  27          14

8                10                                18                  5                     28       6

9                  5                             19                       17                  29       11

10                14                             20                     16                30          4

               

UCL= X~+ 3σ

LCL= X~- 3σ

Using calculator we get

X`= ∑x/n=7 + 6 +18+ 6 + 6  +12 + 20+  15 + 6 + 10 + 3+  6 + 10 + 11+  14+  8+  7+ 9+  12 + 13+  14 + 10 + 5 + 6 + 5 + 17 +11+  14+  16+  4/30 ​=  9.7        

σ= 4.212

UCL = 9.7 + 3(4.212) = 22.336

LCL= 9.7 - 3(4.212) = -2.936



PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST PERSONAL & FAMILY FINANCE)

How is international trade MOST likely to impact companies and individuals?



Companies may choose to move their business to a different country.



Consumers have to learn a new language to be able to purchase goods from other countries.



Goods are no longer allowed to be traded from one country to another.

Answers

Answer: first one I think

Explanation:

Answer:

Goods are no longer allowed to be traded from one country to another (The last one)

Explanation:

If goods were no longer allowed to be traded, those who need the goods wouldn't have any and the business could ultimately clash.

PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE


Sarah, realizes she has a passion for finance. She specifically would like to study how personal behavior impacts our finances and the entire society. What career choice would BEST fit Sarah’s desire to study financial decisions and how we make them?




economist




math teacher




stock broker

Answers

It would be an economist. Economists conducts research, collect and analyze data, and monitor economic trends. Therefore they technically study how personal behavior impacts our finances and the entire society.

Answer:

economist

Explanation:

PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE

Economists define capital as money used to start a business.



True




False

Answers

Answer:

False

Explanation:

Economists define capital as money used to start a business. The given statement is False.

Capital is the money a business requires to operate and grow. Cash on hand, accounts receivable, close cash, equity, and capital assets are typical kinds of capital.

What does capital mean in economics?

A factory and its equipment, intellectual property like patents, or financial assets owned by a firm or individual are all examples of things that offer their owner value or an advantage. Despite the fact that money can technically be considered capital, the term is typically used to refer to funds utilized for investments or the production of goods.

The money a company has on hand to cover both its ongoing expenses and potential future expansion is known as capital. Working capital, debt, equity, and trade capital are the four main types of financial resources. Financial entities such as brokerages and others employ trading capital.

Thus, the given statement is untrue.

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Use the following information to calculate Diana's liabilities:

Savings account: $2,500.00
Checking account: $400.00
Car value: $5,000.00
Personal property value: $5,500.00
Loan for vacation: $2,000.00
Loan from grandparents: $250.00

Answers

Answer:

=$2,250

Explanation:

Liabilities are what we owe to others. They include debts, loans, mortgages that we have borrowed from friends, banks, or other lenders.

From the list provided, Diana's liabilities are

1.Loan for vacation: $2,000.00

      2.Loan from grandparents: $250.00

Total liabilities= $2000+ $250 = $2,250

Which of the following is a goal of the FBLA-PBL?
A. Requiring all members to maintain straight A's
B. Facilitating the transition from school to work
C. Serving the needs of businesses above students
D. Discouraging school loyalty and scholarship

Answers

Answer:

b

Explanation:

Answer:

it's B facilitating the transition from school to work

Explanation:

just took the quiz

HELP I NEED ANSER QUICK!! Choose a type of company you would like to work for or start-up yourself and then answer the questions below. a. Describe the type of company and the product it would sell. TIP: This can be the same or different from the company you described in Assignment 1R. (1-3 sentences. 1.0 points) b. Describe at least two categories you could group the company's target customers into if the company was using channel management. (1-2 sentences. 1.0 points) c. Describe at least two ways that the company might decide to treat those two categories of customers differently and explain why it might do that. (1-5 sentences. 4.0 points) d. Would the type of channel management described in questions 2b and 2c above be likely to lead to unfair treatment of some groups? Why or why not? How could you make sure that didn't happen? (1-5 sentences. 4.0 points)

Answers

Answer:

    a. Describe the type of company and the product it would sell. TIP: This can be the same or different from the company you described in Assignment 1R. (1-3 sentences. 1.0 points)

The company would be a large company that has multiple locations. It would sell clothes.

    b. Describe at least two categories you could group the company's target customers into, if the company were using channel management. (1-2 sentences. 1.0 points)

The company’s target customers would be for adults and people who like to dress fancy.  

    c. Describe at least two ways that the company might decide to treat those two categories of customers differently, and explain why it might do that. (1-5 sentences. 4.0 points)

 The company might offer regular adults a rewards card or something. It might offer the people who dress fancy special discounts for things like their birthdays or holidays. I think it might do that  because people who dress fancy are generally richer so they would want to keep that customer by offering exclusive discounts. The company would offer the regular adults a rewards card because it is more ordinary.

d. Would the type of channel management described in questions 2b and 2c above be likely to lead to unfair treatment of some groups? Why or why not? How could you make sure that didn't happen? (1-5 sentences. 4.0 points)

Yes it would lead to unfair treatment of some groups because it would mean that the groups with more money will get more discounts but the groups with less money will not get those benefits, so these groups would be jealous of the group that’s getting the discounts.

Explanation:

sorry i know its a lil late but for the people who need it in the future here you go...

a. The company would be a large company that has multiple locations. It would sell clothes.

b. The company’s target customers would be for adults and people who like to dress fancy.  

Who are target customers?

The type of person that a company wants to sell its products or services to is called the target customer.  We need the right product to satisfy the needs of target customers.

c.The company could provide regular adults with a rewards card or something. It may offer people who dress up special discounts for occasions such as their birthdays or holidays. I believe it will do so because people who dress up are generally wealthier, and they will want to keep that customer by offering exclusive discounts. Because regular adults are more common, the company would provide them with a rewards card.

d. Yes, it would result in unfair treatment of some groups because it would mean that groups with more money would receive more discounts while groups with less money would not receive those benefits, causing these groups to be envious of the group receiving the

Therefore, all the questions are answered above.

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Why is creating an entrepreneurial team a good idea?

Answers

It's essential, therefore, that they can work together, communicate, and collaborate effectively. Building a team with fellow business professionals you respect and admire is importance

Which job titles both require a
car?
Pizza Delivery Person
and Cashier
IT Supervisor and
Pharmaceutical
Salesperson
AL501
Pharmaceutical
Salesperson and Pizza
Delivery Person
Web Designer and IT
Supervisor
Elf
Which job titles both require a car?

Answers

Answer:

sales person and delivery person

Pharmaceutical Salesperson and Pizza Delivery Person are the two job titles that require a car or vehicle for completion of the tasks. Therefore, the option C holds true.

What is the significance of a job title?

A job title can be referred to or considered as the designation given to an employee or a worker for the job or task that he or she performs while being employed or on a contractual basis. A job title is always in direct relation with the job description and requirements of the job.

The jobs of both a salesperson, and a pizza delivery person, are such that they need a car or vehicle of any kind in order to carry out the tasks of their job in an efficient way.

Therefore, the option C holds true and states regarding the significance of a job title.

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what would happen if the Federal Reserve chairman says that the central bank will raise interest rates. which and how would it affect food prices, housing or oil?

Answers

Explanation:

What are the answered choices

What do most states use as a general guideline for punitive damages?
A.Four times the amount of special damages
B.One half of the amount paid for proven damages
C.Ten times the amount of special damages
D.An amount equal to special damages

Answers

Answer:

four times

Explanation:

just answered

Answer:

A. Four times the amount of special damages

Explanation:

Question:4
Krishna Furnishers Martstarted its operations in the year 1954 and emerged as the market leader in the industry
because oftheir original designs and efficiency in operations. They had a steadydemand fortheir products but overthe
years, they found their market share declining because of newentrants in the field. The firm decided to review their
operations and decided that in orderto meet the competition, they need to study and analyze the market trends and
then design and develop their products accordingly. List any two impacts of changes in business environmernt on
Krishna Furnishers Mart's operations. (Hint: increase in competition and Market orientation)

Answers

Here are the answers

How to get out of debt

Answers

Pay it off or go to court and have it removed

Hope this helps you

Your brother has cooked the books and skimmed money because he has six kids, one ex-wife, and may lose his home. The corporation's ISP sues the corporation for defaulting on the Web design and hosting contract, which you signed, claiming that the corporation is a sham corporation. You and your mom are personally liable.

False

True

Answers

Answer

false (?)

Explanation

I have no explanation

True

Answer:

Explanation:

Did on Edg

An online clothing boutique decides to install a web or Internet cookie in the browser of each user who visits its site. The purpose of the cookie is to remember information about the user and help monitor-browsing patterns on their site and others. This enables the boutique's website to suggest products to the customer that match their browsing history. This is:

Answers

Answer:

a practice that may have longer term implications on the ethics of personal privacy

Explanation:

Cookies are a tool that is used on websites to identify user browser history.

The information on a user's browsing habits is then used by businesses to tailor display information relevant to what they are usually interested in.

Usually they are a safe way to improve browsing experience, but they can be used by criminals to spy on people and gain unwanted access to their data.

Cookies save information about a user session by storing data like usernames.

There is a long term danger of having one's browsing history tracked without their consent

Preparing as much as possible for your first day of work can help workers to ________. a. remember important tasks they have forgotten b. let employers see how hard working they are c. use up stores of nervous energy they have d. feel unprepared for their new challenges Please select the best answer from the choices provided A B C D

Answers

Answer:

Use up stores of nervous energy they have.

Explanation:

hopes this helps:)

Answer:

C

Explanation:

Use up stores of nervous energy they have. hope its right got you guys

Argue why it is important for farmers to create three separate budgets.

Answers

They will split their budget up for different things, house, equipment, crops, combined this iss their total income but it is separate so you don’t over lap and not spend too much on equipment but then not have enough to weed your crops

(a) Where the parent company does not hold 100 percent equity of the subsidiary company, what portion of the intra-group transactions between the parent entity and the subsidiary entity will need to be eliminated on consolidation? (2 marks) (b) What is a non-controlling interest, and how should it be disclosed? (2 marks) (c) How are non-controlling interests affected by intra-group transactions? (2 marks) (d) What are the three steps we use to calculate total non-controlling interest? (1 mark)

Answers

Answer:

Follows are the solution to this question:

Explanation:

In point a:

If the parent firm doesn't hold the conglomerate's equity stake, depreciation expense acknowledged by the parent company's owner and expenditures shall be removed throughout the consolidated statement of financial position. Its combined cash flow deletes debts previously recognized as assets for both the parent corporation and as debts for all the subsidiaries to offer a real and equal view. All the intragroup balance should be removed to avoid double-counting of financial assets resulting from payments in between the group's members.

In point b:

If a parent company has a stake in a subsidiary that is called noncontrolling interest over 50%, but less than 99 percent. Its parent company shall report a different non-controlling interest line on the income statement and revenue report to reveal its noncontrolling interest.

In point c:

Its Group of non - management Concerns may not claim responsibility mostly on a share of a benefit, doesn't have any influence from over parent's decision. Intra-group payments in a word-level shall be removed.

In point d:

Its NCI share of the opening in net assets of the subsidiary + NCI share of even an amortization fair value + NCI profits due to NCI - (dividend payable to the noncontrolling shareholder) = unlawful interest at the date of the merger is three steps for the calculation of total the uncontrol value.

What is the meaning of time recovering ​

Answers

Answer:

to recover a wound

Explanation:

time to recover the sentence shows recover what can possibly recover ofcource a wound.

What ia Marginal benefit

Answers

Answer:

Marginal benefit is the incremental increase in the benefit to a consumer caused by the consumption of one additional unit of a good or service.

For example, a consumer is willing to pay $5 for an ice cream, so the marginal benefit of consuming the ice cream is $5.

hope this help!

Answer:

In economics, utility is the satisfaction or benefit derived by consuming a product; thus the marginal utility of a good or service is the change in the utility from an increase in the consumption of that good or service.

Explanation:

If a person wants to work from home in the Business, Management and Administrative careers, what is required?
a cubicle to keep the person on task
a private office to protect confidential information
proper technology to keep the person connected
proper travel arrangements to meet with customers

Answers

Answer:

C.   proper technology to keep the person connected

Explanation:

Answer:

C

Explanation:

Edge 2021

Parent's Signature:------------
Sep
1
Balances brought forward: Cash $ 1620, Bank $9800
Trade Payables: Blue $ 800; Red $1200; White $2000
Trade Receivables: G Graham $500; A Ahmed $180; R Brown $640
b/a
70
2
6
8
9
>
The following paid their accounts by cheque, in each case deducting 5% cash discounts:
G Graham $500; A Ahmed $180; R Brown $640
Sold goods on credit Alan $900
Paid rent by cheque $350
H Mohamed lent us $6700 by cheque
We paid the following accounts by cheque in each case deducting 2 %% cash discount:
Blue $ 800; Red $1200; White $2000
Alan paid us the amount owed by him after allowing the discount of 10%
Paid motor expenses in cash $120
P Jack pays his account of $210, by cash $200, deducting $10 cash discount
Cash withdrawn from the bank for business use, $650
Paid wages in cash in cash $ 140
Cash withdrawn from the bank for personal use, $300
Received commission by cheque $260
Purchased furniture for $2200 and paid half of it by cheque
Cash deposited to bank account $600
Three Column Cash Book
12
15
18.
22
26
27
30
Date
Details
DA (S)
Date
Details
DR(S) Cash(s)
Cash($) Bank ($)
1620 9800 1
Bank($)
A Sep Balance b/a
Blue​

Answers

Answer:

its good

Explanation:

it's great vsvhebejehsdhdbehhebehdbeh

А
(Blank) is a plan in which an individual balances available resources and expenses.

Answers

Answer:

budget

Explanation:

A budget is a tool that shows how an individual, organization, or a country wishes to spend their expected income. It is a plan of how to spend estimated income for a specified known period. Budgets help prioritize expenses and point out funding deficits.

Budgets require balancing income with expenses. The individual, organization, or country need to reorganize resources to avoid overspending. Avoiding budgets may lead to incomplete goals and debt problems.

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