Adidea Corp. purchased 500 units of merchandise at $15 per unit from a vendor. It pays 50 percent of its purchase with cash and puts the rest on credit. How will the company record this transaction, assuming it uses a perpetual system?

Answers

Answer 1
Merchandise Inventory                          7,500
                   Cash in bank                                                  3,750
                   Accounts Payable                                          3,750
Answer 2

Answer:

Particular                                                   Debit               Credit

Inventory (Merchandise)                          7,500

                     Cash (Paid)                                                  3,750

                     Accounts Payable                                       3,750

Explanation:

First, we determine the value of inventory to be recorded in company's books, which would be as follows:

500 units x $15 per unit = $7,500

Now, out of the total value $7,500 half of which is paid in cash and remainder is put on credit. Therefore, 50% ($3,750) will be credited as cash while the rest will be recorded in accounts payable (credit due to be paid on inventory purchased). The total $7,500 will be debited as inventory bought.

Hence, the following inventory:

Particular                                                   Debit               Credit

Inventory (Merchandise)                          7,500

                     Cash (Paid)                                                  3,750

                     Accounts Payable                                       3,750


Related Questions

Ted is attending an interview at a preschool. Which action should he take prior to the interview?

Answers

Final answer:

Prior to the interview, Ted should arrive early, bring necessary materials, be respectful and personable, answer questions clearly with detailed responses, demonstrate enthusiasm, and prepare for common interview questions.

Explanation:

Prior to the interview, Ted should:

Arrive earlyBring necessary materials (resume, references, etc.)Be respectful and personableMake eye contact and answer questions clearlyProvide detailed responses with examplesDemonstrate enthusiasm and a positive attitudePrepare for common interview questionsResearch the company and position

Final answer:

Ted should arrive early, be prepared, and present himself professionally for the interview at the preschool.

Explanation:

Prior to the interview at the preschool, Ted should take the following actions:

Arrive on time, preferably 10 minutes early, to show punctuality and preparedness.

Bring extra copies of his resume, business card, list of references, and a portfolio if applicable.

Be respectful, polite, and friendly to everyone he encounters at the preschool.Make eye contact, be attentive, and sit only when asked to do so during the interview.Provide detailed responses with examples that connect his skills and experiences to the job at hand.Demonstrate enthusiasm and maintain a positive attitude throughout the interview.

By following these actions, Ted can increase his chances of making a good impression and securing the position.

Which behavior would most offices consider unethical?

Answers

The behavior that will be considered as unethical in the office is posting negative comments about the company on social media. Thus, the last option is correct.

What is behavior ?

Behavior refers to the interaction of the people and the way in which they react or respond in the place or organization. It influences the working of the firm.

There are a variety of people present in the organization which work and socializes with each other to impact the working of the organization.

Posting negative remarks about the organization on social media will be considered unethical in the office and morally wrong, which gives the bad impression of the company as well as the employees working in that organization.

Therefore, it can be concluded that the last option is correct.

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Your question is incomplete, but most probably the full question was...

attending a birthday party hosted by the manager at his houseexpressing one’s grievances to one’s managerhaving lunch with a coworkerhaving dinner with a coworkerposting negative comments about the company on social media

A ________ is a tax on the market value of oil produced in the state.
a. severance tax
b. selective sales tax
c. general sales tax
d. hidden tax

Answers

I think it's b: selective sales tax

A severance tax is a one-time tax on the market value of oil produced in the state; it is not a hidden, selective, or general sales tax. The correct answer is option a. severance tax.

A severance tax is a tax on the market value of oil produced in the state. This is a one-time tax applied when natural resources, such as oil or gas, are extracted—or severed—from the ground. According to the details provided, the severance tax for oil and natural gas production is calculated as a percentage of the market value of the amount of each product drawn. The market value is typically referenced to a price index, such as the one provided by the New York Mercantile Exchange (NYMEX), and this form of tax contributes significantly to the state's Economic Stabilization Fund.

Other types of taxes include excise taxes, which are imposed on the manufacturer or distributor of a good, and are often passed on to the consumer. These can sometimes be hidden taxes, as they are integrated into the product's price and not always visible to the consumer, unlike a general sales tax which is clearly itemized on receipts.

Althea, a brilliant new ph.d. in economics, has turned down many job offers because she hopes eventually to teach at one of the top 10 universities in her field. the type of unemployment she is experiencing is

Answers

Final answer:

Althea is experiencing frictional unemployment, a common and expected form of unemployment that occurs when individuals are in between jobs and seeking positions that are well-suited to their qualifications and career goals.

Explanation:

Althea is experiencing a type of unemployment known as frictional unemployment. This occurs when individuals take time to find a job that is a better fit for their skills and desires, as opposed to accepting the first offer that comes along. In Althea's case, she is specifically seeking opportunities at top universities, demonstrating a selective job search process. Frictional unemployment is typical for recent graduates or professionals looking for jobs that match their qualifications more closely. Although it may lead to periods without work, it's a normal part of the job-search process and reflects the time needed to ensure the best alignment between the employer's needs and the individual's qualifications and career goals.

Althea is experiencing frictional unemployment as she looks for a job that fits her qualifications and career goals.

Althea, a new Ph.D. in economics who has turned down job offers in hopes of teaching at a top university, is experiencing a type of unemployment known as frictional unemployment. This type of unemployment occurs when individuals are between jobs or are seeking their first jobs after completing education. It's often a temporary condition. In Althea's case, her unemployment is voluntary as she is choosing to wait for a position that matches her high qualifications and career aspirations.

Frictional unemployment is the type Althea is experiencing by turning down job offers to pursue a teaching position at a top university. Frictional unemployment occurs when individuals are temporarily between jobs while seeking better opportunities.

In the context of the labor market, this situation aligns with the concept of job search for college graduates, highlighting the transitional period before securing employment. The transition from graduating to finding the right job can create periods of frictional unemployment.

What are examples of organizational artifacts? select one:
a. the unwritten rules that allow members to know what is expected of them.
b. project team member job satisfaction.
c. physical manifestations such as logo, décor, dress, and physical layout.
d. how people relate to each other?

Answers

What are examples of organizational artifacts? Physical manifestations such as logo, decor, dress, and physical layout. There are three amor levels in an organizations culture: artifacts, values and assumptions. The artifacts of an organizations culture are items that people can see with the eye, no one needs to work for the company to know these principals. Because they are items people can view they are commonly the logos, decorations, furniture and dress norms of a company. 

Transformational leaders use four key kinds of behaviors that affect followers. paul vallas exhibits _________ as he explains his "vision of the future" in this opening segment.

Answers

 Paul Vallas exhibits inspirational motivation  as he explains his "vision of the future" in this opening segment.To make his strategic vision a reality, Paul Vallas is seeking teachers who are committed to the vision. This follows from the fact that for transformational change to occur, followers must be committed to the leader's strategic vision of the future.

Naomi is an achievement-oriented, efficient project manager who generally attributes her success to her own actions but tends to blame situational factors when it comes to her failures. this tendency of hers exemplifies a(n) _____.

Answers

This tendency of hers exemplifies a fundamental attribution errorThe fundamental attribution error, FAE, this theory explains that people use internal characteristics to explain behavior rather than external factors. With FAE, people tend to overemphasizes person characteristics and ignore small factors when judging others behavior in various situations. 

Lawrence needs to respond to a coworker's email. In a plain text email, the coworker has asked Lawrence a number of questions. Lawrence would like to respond to these questions using a different color text. Which email feature will Lawrence need to adjust?

Answers

He will probaly need format

Answer:

The correct answer is:  format.

Explanation:

The format is the structure we use while writing an e-mail. It will provide our message with a certain appearance according to the purpose of the content we are going to send. In formal writing situations such as at work, it is better to keep the format the simplest possible so that the content will be clearly understood and it is better to maintain serious criteria while formatting the text.

During a conflict over how to divide up the work on a work project, joi and joanna agree that joi will do all of the typing because she enjoys that. in exchange, joanna, who owns a car, will go to the library and check out the research materials. this illustrates which technique in negotiating scarce resources?

Answers

Final answer:

The technique illustrated in the situation is logrolling in negotiating scarce resources.

Explanation:

This situation illustrates the technique of logrolling in negotiating scarce resources. Logrolling is a strategy where two parties with different preferences each give up something they value less in exchange for something they value more. In this case, Joi and Joanna agree that Joi will do all the typing because she enjoys it, while Joanna will go to the library and check out the research materials because she owns a car. They are exchanging tasks based on their personal preferences, which is an example of logrolling in negotiation.

How many days of​ raw-material inventory does regal marine​ maintain?
a. 22 days
b. 1 day
c. 75 days
d. 10 days?

Answers

Final answer

Regal Marine maintains 75 days of raw-material inventory. Hence, the correct option for the multiple-choice question is option c. 75 days.

Maintaining a certain number of days of raw-material inventory is crucial for companies like Regal Marine to ensure smooth and uninterrupted production. By keeping 75 days of raw-material inventory, Regal Marine can effectively manage supply chain disruptions and avoid production delays. This period allows the company to meet demand without running into shortages, ensuring operational efficiency and customer satisfaction. For companies operating in highly competitive markets, such inventory levels are necessary to maintain market competitiveness and leverage any potential bulk purchase discounts or favorable supplier relationships.

Mark signs a periodic tenancy lease at the river's edge warehouse for one year. after the year expires, mark stays in the warehouse and the landlord acquiesces. mark a. has a month-to-month periodic lease, which can be terminated by either party giving a 30-day notice. b. has a tenancy at sufferance which is not a true tenancy at all. c. has another one-year lease. d. must move out when the landlord finds another tenant.

Answers

Mark signs a periodic tenancy lease at the river's edge warehouse for one year. After the year expires, Mark stays in the warehouse and the landlord acquiesces. Mark has another one-year lease. Mark as another one-year lease because periodic tenancies automatically renew after the one-year for another unless notice was given. In the lease agreement there is a section which states the notice due date or timeframe it must be given in and the tenancy will terminate the lease at the expiration of the time period. 

listening to the audience refers to what in the context of slide presentations?

A. This concept refers to listening for various cues, such as confusion, interest, or boredom.
B. This concept refers to the ability to field questions from the audience.
C. This concept refers to the ability to tell how much the audience likes the topic.
D. This concept refers to the ability to predict and audience's reaction to material.

Answers

Answer:

The correct answer is a

Explanation:

because you have to listen to the audience so that you have some advice on how to do better or if there is to much information.

This concept refers to listening for various cues, such as confusion, interest, or boredom. is referring to the context of slide presentations. The correct option is A.

What is the content of a presentation?

A presentation, like other kinds of academic writing, can be divided into three parts: an introduction that details the aim and organization of the talk; a body that covers the important themes; and a conclusion that summarizes and highlights the value of your lecture.

As a supplement and complement to a presentation given by a speaker. The material delivered by the speaker is supplemented by slides. Slides show graphic objects that help with communication. Slides highlight crucial points for more emphasis on the material.

Thus, the ideal selection is option A.

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The federal reserve's goal in managing the money supply is to ensure that money retains its value.
a. True
b. False

Answers

The answer is B: False The Federal's Reserve goal is to provide the nation with a safer, more flexible, and more stable monetary and financial system.
Final answer:

The Federal Reserve's goal isn't just to ensure that money retains its value but to maintain monetary and financial stability. This includes stable prices, maximum employment, and moderate long-term interest rates.

Explanation:

The Federal Reserve's goal in managing the money supply isn't just to ensure that money retains its value but it goes beyond that to achieve economic stability. The Federal Reserve uses monetary policy tools like open market operations, reserve requirements, and the discount rate to influence the amount of money and credit in the U.S. economy. Their goals include stable prices (which does relate to money retaining its value), maximum sustainable employment, and moderate long-term interest rates. This is referred to as the Fed's dual mandate and is specifically outlined in the Federal Reserve Act. Therefore, the statement is partially true but leaves out important aspects of the Fed's responsibilities.

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Nonpermissive electoral systems (such as single-member district plurality) are thought to benefit a small number of large parties because:

Answers

Nonpermissive electoral systems (such as single-member district plurality) are thought to benefit a small number of large parties because they have a strong mechanical reductive effect on the way votes are translated into seats, there are incentives to engage in strategic voting and, there are many incentives to engage in strategic entry. Strategic voting can happen when one votes a certain way to support someone that they didn't fully want to vote for to prevent an undesirable outcome. Strategic entry is when there is something going on in the market that stops new businesses from entering and competing within that market. 

Career experience programs coordinated by schools include the following: cooperative education, programs internship, service learning, or all of the above

Answers

Career experiences program coordinator by school includes all above

Answer:

all of the above

Explanation:

Match each unfair business practice with an example of its use.a.predatory pricinglocal pizza delivery companies agree to charge $20 for a large cheese pizza.b.making misleading statementsa large auto maker charges a price below production cost in order to eliminate small competitors.c.price fixinga juice company falsely claims that its drinks reduce the incidence of heart attacks.

Answers

Correct matches are:

a.predatory pricing (a large automaker charges a price below production cost in order to eliminate small competitors).

b.making misleading statements (juice company falsely claims that its drinks reduce the incidence of heart attacks. 

c.price fixing ((local pizza delivery companies agree to charge $20 for a large cheese pizza.

Above are unfair business practices and their corresponding examples.

Why do banks and other financial institutions require collateral for loans?

Answers

Collateral is required by banks to secure a loan, minimize default risks, and protect financial stability. It allows banks to recover funds by seizing and selling the collateral if the borrower does not repay the loan, helping to maintain customer confidence and safeguard bank reserves.

Banks and other financial institutions often require collateral for loans as a way to secure the loan. Collateral is an asset, such as property or equipment, that the borrower offers to the lender to secure the debt. In case the borrower fails to repay the loan, the bank has the right to seize the collateral and sell it to recover the money owed. This requirement is rooted in the principle of reducing the risk of default and combating asymmetric information issues like adverse selection, where riskier borrowers are more likely to apply for loans, and moral hazard, where borrowers have less incentive to repay if they bear no risk.

Importance of Collateral

Collateral helps to ensure that banks operate on a stable financial ground. Since banks are institutions that deal with the financial matters of numerous clients, it is important for them to minimize the risks associated with lending. Collateral provides a form of guarantee that the bank can recover the funds, hence safeguarding the bank's reserves and the interests of other customers. Additionally, when assets such as cash are used as collateral, these are referred to as compensating or compensatory balances.

​, how much would government spending have to rise to increase output by ​$

Answers

1,000 billion is how much the government would spend to increase outputs 

If the consumer price index (cpi) in year 1 was 200 and the cpi in year 2 was 215, the rate of inflation was

Answers

the answer is 7.5 percent
Final answer:

The rate of inflation between the two years can be calculated by determining the percentage change in the Consumer Price Index (CPI) from Year 1 to Year 2. The given CPI values result in an inflation rate of 7.5%.

Explanation:

If the Consumer Price Index (CPI) in Year 1 was 200 and the CPI in Year 2 was 215, the rate of inflation is calculated by determining the percentage change between the two years. This is calculated as follows:

Step 1: Take the difference between the CPI in Year 2 and Year 1 which is 215 - 200 = 15.Step 2: Divide this result by the CPI in Year 1 which is 15 / 200 = 0.075.Step 3: Multiply the outcome from step 2 by 100 to convert it to a percentage. Therefore, 0.075 x 100 = 7.5%

Therefore, based on the given information, the rate of inflation from Year 1 to Year 2 was 7.5%.

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Amy decided to choose the lease option that will minimize her total 36-month cost. the difficulty is that amy is not sure how many miles she will drive over the next three years. for purposes of this decision, she believes it is reasonable to assume that she will drive 12,000 miles per year, 15,000 miles per year, or 18,000 miles per year. with this assumption amy estimated her total costs for the three lease options. actual miles driven annually dealer 12,000 15,000 18,000 hepburn honda $10,764 $12,114 $13,464 midtown motors $11,160 $11,160 $12,960 hopkins automotive $11,700 $11,700 $11,700 suppose that the probabilities that amy drives 12,000, 15,000, and 18,000 miles per year are 0.5, 0.3, and 0.2, respectively. determine the expected cost for each dealer. enter the lowest expected cost rounded to the nearest dollar without a dollar sign.

Answers

I really do not know sorry

Which sentences in the given passage explains the limitations of monetary policies? Monetary Policies – Limitations Monetary policies are set by the Central Bank to bring about growth in the economy. {This objective can be achieved if these policies work at tandem with fiscal policies.} {It would be fair to say that changes in the economy cannot be brought about instantly by monetary policies.} {Monetary policy can only influence, not control, economic growth.} {The monetary policy makers do work on striking the perfect balance between demand and supply of money in the economy.}

Answers

the actual answer is: Monetary policy can only influence, not control, economic growth. I just got it right on the test.

all other sentences are INCORRECT.

"This objective can be achieved if these policies work in tandem with fiscal policies."

"Monetary policy can only influence, not control, economic growth."

Which is the key reason that an incident log be a bound logbook instead of one that is not bound?

Answers

By using a bound book, it will be difficult to alter and there will be a big challenge to remove reports. It is tamper proof rather than using a binder. Bound book is more credible to use for consolidating incident reports

The answer is: it will have more credibility in a court of law

When an incident is logged in a bound logbook, it means that the establishment where the incident occurs openly acknowledge that the accident actually happen. This type of information usually more reliable compared to recollection based on personal memories of the defendant or the accuser,

"which communication channels are best for fostering trust?"

Answers

Which communication channels are best for fostering trust? Transparent communication through informal and formal channels is best for fostering trust. As long as the communication is flowing and filtering to everyone within an organization and full details are being shared, the trust should build naturally. Overtime by following these channels communication will grow, continue and keep trust between employees and the employer transparent. 

The most effective communication channels for fostering trust include open and clear communication, emphasizing verbal and nonverbal feedback. Face-to-face interaction is ideal for genuineness, while mediated channels offer control but can lack personal warmth.

The question pertains to which communication channels are best for fostering trust. Trust is essential, and open communication is a fundamental way to size up and prove trustworthiness. Clear, jargon-free communication, tailored to the audience's understanding, and the context is necessary for building trust. Research suggests that verbal commitments in cooperative settings can prove one's trustworthiness, and non-verbal cues are also an integral part of the relationship-building process. While technology facilitates long-distance communication, it is critical to select modes that are secure and embody clear expectations regarding frequency and responsiveness. Face-to-face encounters typically offer more warmth and immediacy, providing a sense of genuineness through the ability to convey and receive verbal and nonverbal feedback. However, mediated channels like emails or texts might provide greater control over the situation, although they may come across as less personal and lack the richness of nonverbal communication.

Officers and directors of companies are bound by the duties of _________ and _________ in overseeing the operations of their companies.
a. loyalty; implicit care
b. reasonable care; imputed practice
c. due process; loyalty
d. loyalty; reasonable care

Answers

Officers and directors of companies are bound by the duties of loyalty and reasonable care in overseeing the operations of their companies. When someone is hired to join a company, they are reasonable for their actions that happen inside and outside of work especially pertaining to the organization. It is imperative for these employees to be loyal to their work and duties to maintain smooth operations and daily activities. Employees follow suite to how management acts and if they are careless and unfaithful other employees will likely be as well. 

The shortest possible time an activity can be completed realistically is called ___________ time.

Answers

The shortest possible time an activity can be completed realistically is called crash time. In project management crash time is a method that is used to shorten the length of a project. To do this, the team will decided on a crucial part of the project they can complete in less time than normal. This speeds up the projects completion time and allows for more work to be completed. 
Final answer:

Crash time is the shortest possible time an activity can realistically be completed. It involves creating a realistic and efficient timeline that is time-bound and relevant to accomplishing the tasks.

Explanation:

The shortest possible time an activity can be completed realistically is called crash time. This time is determined by analyzing the most efficient way to allocate resources so that tasks within a larger project can be completed as quickly as possible, while still ensuring everything is done to specification and without compromising quality. It involves a process where you first figure out how much time you can realistically spend on an assignment, and then create a timeline that includes all the tasks that need to be completed. This is time-bound, involving deadlines that are achievable within a specific timeframe and relevant, directly related to what needs to be accomplished within this timeframe. For instance, if an activity ranges from 15 minutes to 2 hours based on different combinations of components, the crash time would be at that lower boundary of 15 minutes under optimal conditions.

A contingent deferred sales charge is commonly called a ____.

Answers

front end load, hope this helped :)

Mario's, a pizza and pasta​ producer, experiences increasing opportunity cost. draw a production possibilities frontier for​ mario's that illustrates this fact. label it ppf. draw a point that is attainable. label it attainable. draw a point that is not attainable. label it unattainable. unattainable points are​ ______.
a. outside the ppf
b. inside the ppf but not on the ppf
c. on the ppf but not inside the ppf
d. both outside and on the pp

Answers

Unattainable points are​ outside the PPFThe PPF refers to the Production Possibilities Frontier. This is set by the economic standing of a country and a country is not able to perform and produce outside of their set PPF. Due to this, all unattainable points are located outside of the PPF. 

Answer:

a. outside the PPF

Explanation:

PPF is bowed outward, so that as the quantity of pizza and pasta produced increases, it becomes more costly to produce another unit of pizza.

The PPF is a boundary between the attainable and unattainable combinations of pizza and pasta.

Points inside the PPF and on the PPF are attainable and points outside the PPF are unattainable.

Unattainable points are outside the PPF.

Because the PPF shows the limits to production, it separates attainable combinations from unattainable ones.

If the united states imports more goods from japan than it exports to japan, how will the difference be financed

Answers

If the United States imports more goods from Japan than it exports to Japan, how will the difference be financed? The United States will sell the assets they receive so that Americans who want the product are obligate to pay for future imports of those items. Basically, the United States will make sure Americans are wanting and willing to pay for the items they are importing for us to have from Japan or they will stop important those items. Since we important more than we export, we are always owing Japan money for the difference in items that we can not evenly trade. 

Identify the advantages of renting versus buying a home.


tax benefits, lower repair costs, fixed mortgage payments, lower insurance costs

Answers

Drag each label to the correct location on the image.Identify the advantages of renting versus buying a home.advantages of renting lower repair costs lower insurance costsadvantages of renting versus buying a home.tax benefits fixed mortgage payments

A financial institution wishes to estimate the mean balance owed by its credit card customers. a random sample of 64 credit card customers was taken. according to the sample results, the average credit card balance is $600. the population standard deviation is known to be $200. construct a 96 percent confidence interval estimate of the true mean population credit card balance for this financial institution.

Answers

Well is 64 and 64 a thing with 64 cus if so you will have to add 64 to 69 you know??
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