Answer:
March 1
Account Debit Credit
Cash $323,000
Common Stock $153,000
Paid-In Capital in Excess
of Par Value $170,000
April 1
Account Debit Credit
Cash $87,000
Common Stock-no par value $87,000
April 6
Account Debit Credit
Inventory $56,000
Common Stock $56,000
Machinery $170,000
Paid-In Capital in Excess of
Common Stock $170,000
Note Payable $92,000
Cash $92,000
Answer:JC Coffee house journal$
Date
a. June 1 2022
Bank Dr. 15,000
Gem state bank Cr. 15,000
Narration. Acquisitions of $15,000, 8%, 7c months loan.
b. June 30, 2022
Interest Dr 1200
Gem bank Cr. 1200
Interest on loan for the month of June
C. Interest as at December 31 2022
8% * $15,000*7
=$8400
Jan 1 2023
Gem state bank Dr 23,400
Bank. Cr. 23,400
Narration. Payment of $15,000, at 8% , 7 months and associated interest on maturity.
Answer:
compared to a mixed economy, a market economy tends to benefit the consumers.
This is mainly because the government intervention and restrictions are minimum in a market economy, compared to a mixed economy in which the government plays a major part as an economic agent and a regulator.
A free market system's main aim is to enhance the competitions and the freedom of choice for the consumers.
However, in the real world scenarios, pure free market systems are difficult to be seen and most of the time, the economies are Mixed economies.
Even in USA's economy 40% of the economy consists of the government agencies and activities.
This is mainly due to the economic malpractices by the producers and corporations.
Explanation:
Answer:
The average defective rate of the samples is:
6.3 samples per day
Explanation:
To calculate the average or mean defective rate, we will compute the total number of defective samples, and divide the result by the total number of days. It is important to note that day 7 is ignored during this calculation because there was no defective DNA sample on that day, hence it does not contribute to the average defective samples.
Total Defective DNA sample = 7 + 6 + 6 + 9 + 5 + 6 + 8 + 9 + 1 = 57
Total number of days = 9 ( Days 1 to 6, and 8 to 10).
Therefore, average defective rate = Total Defective DNA sample ÷ Total number of days
= 57 ÷ 9 = 6.3 DNA samples
Answer:
Approval and the declaration by the board of directors
Explanation:
The three key requirement for a company to pay dividends are adequate retained earnings , adequate cash and the declaration and approval of the board of directors.
Looking at the provided information for Tesla incorporation ,what is missing is the Approval of the board through declaration of payment.
It was still an intention , so the declaration is still necessary for payment. Other conditions like adequate cash balance and retained earning are are already met
