paid rent of Rs.25000 by cheque. make journal entry ​

Answers

Answer 1

Answer:

see below

Explanation:

Rent is an expense to the business. An increase in expenses is debited.

rent was paid by cheque. The transaction will reduce money held at the bank( asset) by Rs. 25,000. A reduction in assets is credited.

The journal entry will be

Rent A/c  Dr. Rs. 25,000

Bank A/c           Cr. Rs. 25,000


Related Questions

Trying to inspire someone to vote at the next election involves:
a.
strengthening likes
b.
motivating to action
c.
weakening beliefs
d.
changing values
guys please help me out

Answers

Answer:

I'd say b. just a guess so if im wrong sorry

Trying to inspire someone to vote in the next election involves motivating to action, hence option B is correct.

What is Voter Apathy?

In electioneering processes, it is often common for people not to come out to exercise their franchise, this is called voter apathy.

Voter apathy accounts for the singular reason behind the rigging of the election.

Learn more about voter apathy here:

https://brainly.com/question/19781018

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An agribusiness firm may undertake three alternatives:Alternative 1: buy cane sugar and manufac-ture various sugars and sweets, making a profit of $10 million;Alternative 2: buy wheat and produce bread, rolls, and pastries, making a profit of $15 mil-lion; orAlternative 3: buy corn and produce Tex-Mex foods, making a profit of $12 million.a. Which alternative should this agribusi-ness firm undertake? Why?b. The opportunity cost associated with these three choices is $ million.

Answers

Answer:

The answer is 3) buy corn and produce Tex-Mex foods, making a profit of $12 million :)

Explanation:

Because it has the highest profit.

PLZ MARK AS BRAINLIEST AND FIVE STAR AND THANK:)

What would you feel is an appropriate amount of business clothing for your cousin to own in order to succeed at their job

Answers

Answer: For seeking a job a formal dressing is required.

Explanation:

Formal dressing is appreciated for job interview. The job interview require a business attire. For women a business suit, shirt and pants, or statement dress are recommended. For men business suit, shirt along with tie and pants are recommended. The cleanliness and well ironed dress are recommended. The way one handle the dress is also taken into consideration the dress should not be extra tight or loose which can negatively affect the impression on the employers.

James Company has 1,000 shares of $10 par preferred stock, which were issued at par. It also has 25,000 shares of common stock outstanding, and its total stockholders' equity equals $500,000. The book value per common share is:

Answers

Answer:

The book value per common share is: $19.6

Explanation:

1,000 × 10 = 10,000

500,000 - 10,000 = 490,000

490,000 ÷ 25,000 = 19.6

Suppose a stock had an initial price of $50 per share, paid a dividend of $.80 per share during the year, and had an ending share price of $38. Compute the percentage total return. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Answer:

25.6%

Explanation:

Computation for the percentage total return

Using this formula

Percentage total return=[(Ending share price-Initial price)+Dividend]/Initial price

Let plug in the formula

Percentage total return=[($38-$50)+$.80)/$50

Percentage total return=$12+$.80/$50

Percentage total return=$12.8/$50

Percentage total return=0.256*100

Percentage total return=25.6%

Therefore the percentage total return will be 25.6%

Question # 5
Multiple Choice
Which of the following is described as a limit on the quantity of a good produced abroad that can be imported?
- import tax
- quota
- trade surplus
- tariff

ANSWER IS QUOTA!!!​

Answers

I think the answer will be

- QUOTA

Which situation is better for saving money in a CD (certificate of deposit): the purchasing a car or for use in an emergency? Explain your reasoning.

Answers

Answer:

Emergency

Explanation:

Always have extra money for problems that arise.

what are the effects of inflation on the prices of goods and services? ​

Answers

Answer:

When prices for energy, food, commodities, and other goods and services rise, the entire economy is affected. Rising prices, known as inflation, impact the cost of living, the cost of doing business, borrowing money, mortgages, corporate, and government bond yields, and every other facet of the economy.

Answer:

When prices for energy, food, commodities, and other goods and services rise, the entire economy is affected. Rising prices, known as inflation, impact the cost of living, the cost of doing business, borrowing money, mortgages, corporate, and government bond yields, and every other facet of the economy.

Explanation:

Question #3
Multiple Choice
Which of the following is described as the amount by which the value of a country's exports exceeds the cost of its imports? -tariff
-tax excess
-quota
-trade surplus​

Answers

It is a trade surplus

Standard Deviation (%) R 2 Beta Standard Error of Beta TDM 13 0.49 0.83 0.11 LLW 21 0.01 0.21 0.25 What proportion of each stock's risk was market risk, and what proportion was specific risk

Answers

Answer:

Note: These values are not from this question, as this question is incomplete and lacks necessary data. So, in order to solve this question and deliver you the main concept. I have chosen some random values.  

Answer is explained in the explanation section.                                                                              

Explanation:

Solution:

Data Given:

This question is about the two well known Canadian Stocks namely:

1. Toronto Dominion Bank

2. Research in Motion.

Data For Toronto Dominion Bank:

For answering about the proportion of risk involved in each of stocks, we just need the value of [tex]R^{2}[/tex].

Note: These values are not from this question, as this question is incomplete and lacks necessary data. So, in order to solve this question and deliver you the main concept. I have chosen some random values.

[tex]R^{2}[/tex]  value for TDB = 0.77

[tex]R^{2}[/tex] value of 0.77 means, 77% of the risk is derived from the market movements. So we can say it as this 0.77 or 77% of proportion for Toronto Dominion Bank is of market risk.

Generally speaking, in market risk there is the probability that people will lose their investments due to the factors that create negative impacts on the market.

Whereas, specific risk is totally opposite to market risk and people specific to any company or group may experience losses but not the whole market, which is the case in market risk.

Where as, remaining 0.23 or 23% of the risk is unique risk or specific risk.

Similarly for the other stock:

[tex]R^{2}[/tex] value for Research in Motion = 0.44

[tex]R^{2}[/tex] value of 0.44 means 44% of the risk is derived from the movements of the market or it is market risk. On the other hand, remaining 0.66 or 66% of the risk is specific risk or unique risk.

what is legislative ​

Answers

Answer:

having the power to make laws

Explanation:

Answer:

having the power to make laws.

Do “rules of the game” promote or prevent opportunism?

Answers

Answer:

promote I think

glass pro makes and sells 100 bottles per month. each bottle is sold for $2,000. fixed costs are how much is total profit if production and sales increase by 10%

Answers

Answer:

The answer is "$9000".

Explanation:

Please find the complete question in the attached file.

Margin per bottle addition  [tex]= 1200-(\frac{30000}{100}) = 900[/tex]

Profit changes  [tex]= 10 \times 900 = 9000[/tex]

Profits would decline by[tex]= \$ 9000[/tex]

Lawn Master Company, a manufacturer of riding lawn mowers, has a projected income for the coming year as follows: Sales $ 36,000,000 Operating expenses: Variable expenses $ 19,800,000 Fixed expenses 8,100,000 Total expenses 27,900,000 Operating profit $ 8,100,000 Required: 1. Determine the breakeven point in sales dollars. 2. Determine the required sales in dollars to earn a before-tax profit of $9,135,000. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) 3. What is the breakeven point in sales dollars if the variable expenses increases by 9%

Answers

Answer:

Lawn Master Company

1. Break-even point in sales dollars:

= $18,000,000

2. Required sales in dollars to earn a before-tax profit of $9,135,000:

= $38,300,000

3. The break-even point in sales dollars if the variable expenses increases by 9%:

= $20,224,719

Explanation:

a) Data and Calculations:

Sales                            $ 36,000,000

Operating expenses:

Variable expenses       $ 19,800,000

Contribution margin     $16,200,000

Fixed expenses                 8,100,000

Total expenses               27,900,000

Operating profit             $ 8,100,000

Contribution margin ratio = $16,200,000/$36,000,000 * 100 = 45%

Break-even point in sales dollars = Fixed cost/Contribution margin

= $8,100,000/0.45 = $18,000,000

Break-even point in sales dollars to earn a before-tax profit of $9,135,000

= (Fixed cost + target profit)/Contribution margin ratio

= ($8,100,000 + $9,135,000)/0.45

= $17,235,000/0.45

= $38,300,000

Break-even point in sales dollars if the variable expenses increase by 9%

Increased variable expenses = $21,582,000 ($ 19,800,000 * 1.09)

Contribution margin will reduce to $14,418,000 ($36,000,000 - $21,582,000)

Contribution margin ratio = $14,418,000/$36,000,000 * 100 = 0.4005

Therefore, break-even point in sales dollars = Fixed cost/0.4005

= $8,100,000/0.4005

= $20,224,719

Land and Sea Incorporated would like your opinion about various countries as potential markets and investment sites. What general information can you share with them about assessing the overall attractiveness of a potential country as a market

Answers

Answer:

Land and Sea Incorporated

Country Attractiveness:

The following are general information that can be used to assess the overall attractiveness of a potential country as a market and investment destination:

1. Economic Factors: Some consideration should be paid to the foreign exchange practices, the economic competitiveness, and the fiscal policies, including taxation of the destination country.

2. Political/Legal Factors: An investment destination needs a stable political system with smooth regime-transitions.  Investors should be able to secure their basic property and intellectual property rights.

3. Socio-Demographic Factors: The market potentials (market growth, entry and exit, and profit growth) and the ease of doing business in an environment are also important considerations.

4. Physical Infrastructure: It is very important to understand how the destination country is developing its physical infrastructure.  Are power and energy resources readily available?  Does the country possess good transportation networks that will enable the free movement of persons and goods?  The security of life and property is an important factor that should never be overlooked when considering the physical infrastructure.

Explanation:

Country attractiveness is the measure of a country's readiness to welcome both domestic and international investors and provide the enabling environment for business activities.  However, there should be a thorough evaluation of potential investments in a foreign country to determine the country’s suitability is in terms of its external business environments.  The critical decision to invest should not be left to sentiments and political rhetorics.  Some governments are experts in advertising the attractiveness of their countries.  Some of them, with their investment campaigns, are not bankable.

Measure the angle in degrees.

Answers

Answer:

45°

Explanation:

If you look at it since the is backward due to the angle 180 would represent 0 and the 140 would be 40 so it is between the 140 and 130 marks so it is 45°.

True or False: As players age, they generally experience a decline in performance, making their prospects of signing a lucrative free agent contract less likely.

Answers

Answer: True

Explanation:

As players age in most sports be it soccer, baseball, basketball and American football, their performance experiences a decline as their muscles get older. Its simply biological.

At this point, the players will no longer command the high prices they used to command as they would only contribute less to the success of the team. This means that their prospects of signing a lucrative free agent contract definitely becomes less likely.

Answer:

true

Explanation:

Where can a client identify the instant deposit options for their QuickBooks Payments account?

Answers

Answer:

in the settings

Explanation:

A QuickBooks payment service is a credit card processing option that is for the merchant accounts which includes the accounting software called QuickBook. It is managed by Intuit.

For instant deposit option in their QuickBooks payment account, a customer has to --

Select the Settings ⚙  button and then go to Account and settings. After that select the Payments tab and then go to the Deposit Speed section. From there select the Set a schedule for any instant deposits. Finally select the days for which you want instant deposits for.

How does an understanding of management and organizational behavior lead to organizational effectiveness and efficiency

Answers

Answer: Understanding the organizational behavior and management can lead to effectiveness and efficiency.

Explanation:

Each and every organization have a proper set of rules and regulations that helps in running the organization effectively.

The goals can be achieved only when the organizational behavior and management is made clear to the employees.Understanding the work make the work done in a effective manner.

The efficiency of the organization is increased by doing the work with the better understanding of the management and organizational behavior.

A colleague at work learned that your company, an industrial supply company, has been offering kickbacks to purchasing officers to secure contracts. She asks you whether she should do anything. What step do you suggest she take

Answers

Answer:

In simple words, the given case relates to business ethics. As per the normal rules and guidelines the manager should immediately respond to his or her supervisor in case any conflict of ethics comes into play.

Direct reporting to regulatory authorities or taking any legal action might lead to image degradation of the corporation. However if no action is taken by the supervisor of the manager after the complaint the subject manager should correspond to the legal authorities.

Suppose a stock has an initial price of $71 per share, paid a dividend of $1.75 per share during the year, and had an ending share price of $88. Compute the percentage total return.

Answers

Answer:

Total return = 26.4%

Explanation:

Given:

Initial price = $71 per share

Dividend = $1.75 per share

Ending share price = $88

Compute:

Percentage total return

Computation:

Total return = [Ending share price + Dividend - Initial price)/Initial price

Total return = (88 + 1.75 - 71) / 71

Total return = 26.4%

Farah and David decide to form a sports memorabilia retail partnership. They have known each other since business graduate school and have always worked well together on various projects. The business is doing well but cash flow is very tight. Farah takes several calls from vendors asking for payment. He believed David had been paying the bills. When he asks about this, David admits to embezzling from the partnership. What liability does Farah face as a result of the theft

Answers

Answer:

Farah faces a general partnership as a result of theft

Explanation:

General Partnership is simply a free association of two or more persons to carry on business for profit gains.

Partnership agreement is simply an agreement by two or more persons to do business together as a partnership in an oral or written form.

Based on the provided information, Farah faces a general partnership as a result of theft.

According to the question, we were to discuss about Farah and David who decide to form a sports memorabilia retail partnership and the liability that Farah faced.

As a result of this, we can see that she faced general partnership as a result of theft, general Partnership which is a free association of two or more party to share gain from a business,

Therefore, since David admits to embezzling from the partnership then it is a theft from partnership.

Learn more about General Partnership at:

https://brainly.com/question/894283

Discuss the causes of changes in a currency swaps value over time. Is it possible to close out a currency swap before it reaches maturity

Answers

Answer: When a swap is agreed on by both parties involved, a cash flow of bonds in different currencies are agreed upon to be exchanged.

Explanation:

The cash flows of two bonds in separate currencies are negotiated upon to be traded when a swap is initiated. At the existing spot exchange rate, these bond-like cash flows have the same present value. Evidently, shifts in the exchange rate change the value of one side of the swap relative to the value of the other side of the swap. Furthermore, interest rate rises reduce the present value of currency.

The current value of cash flows is increased by flows and decreases in interest rates. Changes in interest rates and exchange rates thus offer meaning to currency swaps.

One side is triumphant and the other loses. By making the party that lost money in the swap pay this amount to the party that has gained value in the swap, it is possible to close a swap.

In 2010, the average cost of a house in France is 126,000 euros. In 2018, the average cost is 154,000 euros.Using the price of the average house for reference, the inflation rate of the Euro increased by a factor of __________ in eight years.

Answers

Answer: D.)  1.22

Explanation:

Price in 2010 = €126,000

Price in 2018 = €154,000

Increase = 154,000/126,000

= 1.22

What do you have to do to learn and be a pilot

.1 learn to play radio

2. Learn to fly

3 learn to fly and land and set off


SO EASY

Answers

Answer:

All of the above (That is to regulations)

Explanation:

Although if you had to choose one it would be 3. learn to fly, land and set off.,

In early 2018, selected automobiles had an average cost of $20,000. The average cost of those same motor vehicles is now $24,000. What was the rate of increase for this item over this time period

Answers

Answer:

20%

Explanation:

Calculation for What was the rate of increase for this item over this time period

Using this formula

Rate of increase= (Ending avarage cost − Beginning avarage cost )/ Beginning avarage cost

Let plug in the formula

Rate of increase= ($24,000 − $20,000) / $20,000

Rate of increase= $4,000/$20,000

Rate of increase= 0.2*100

Rate of increase= 20%

Therefore the rate of increase for this item over this time period is 20%

When a process is in control, it results in there being, on average, 16 defects per unit of output. c-chart limits of 8 and 24 would lead to a

Answers

Answer:

4.56%

Explanation:

From the given information:

In a c-chart limit

UCL = [tex]\bar c+ z \times \sqrt{\bar c }[/tex]

where;

[tex]\bar c = 16[/tex]

UCL = 24

Then:

[tex]24 = 16 + z \times \sqrt{24}[/tex]

[tex]24 -1 6 = z \times \sqrt{24}[/tex]

[tex]8 = z \times 4.89[/tex]

[tex]z = \dfrac{8}{4.89}[/tex]

z [tex]\simeq[/tex] 2.0

At z = 2.0, the value represents the probability of 95.44% of not making a Type 1 error.

This implies that the probability of making a Type 1 error = 1 - 95.44%

= 4.56%

Countries often use various government regulations to manipulate the amount of goods and services imported from other countries. This activity is important because it will help you to understand the effects of trade protectionism on the overall international trading atmosphere.

Required:
Challenge your knowledge of the different types of international trade barriers.

Answers

Answer:

Solar ⇒ Tariffs

Tariffs are taxes on imported goods such that their prices are increased so that the domestic producers of that good can be able to compete with the imports which is the case here.

Numbers ⇒ Import Quotas

Import Quotas refer to limits on the amount of imports into a country. When the imports reach a certain amount they will be no more imports for the year.

Aluminium ⇒ Import Quotas

By only allowing a certain number of sheets to come into the country the US has imposed an import quota on the metal as per the definition above.

Materials ⇒ Embargoes and Sanctions

Embargoes and sanctions limit the trade of goods and services to the country under sanctions or being embargoed. Here the US will not ship goods to North Korea as they are under sanctions for their nuclear program.

Prohibition ⇒ Embargoes and Sanctions

This scenario describes an embargo which means that there is a ban on trade of certain goods and services with the nation under embargo.

Imports ⇒ Tariffs

Customs duties are taxes on imports which therefore makes them tariffs.

If there is no written designated agency relationship, a client of Meramac Realty has what kind of relationship with Meramac

Answers

Answer: c. A nonagency relationship with everyone in the office.

Explanation:

For an agency relationship to exist in the eyes of the law, there must be a contract with a written designated agency relationship between the client and Meramac Realty.

With no such contract in existence, the law recognizes no agency relationship between Meramac and any of its affiliates with the client. There is therefore a non-agency relationship with everyone in Meramac.

a manfucturing firm is considering two locations for a plant to producr a new product. Location A has a foxed cost of 80,000 and a variable cost of 20 per unit where should the plant be located

Answers

Answer: 15,000 units

Explanation:

The annual output that would make them indifferent is the one that would equate both costs.

Assume that output is x.

80,000 + 20x = 140,000 + 16x

20x - 16x = 140,000 - 80,000

4x = 60,000

x = 60,000/4

x = 15,000 units

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