Examine the following transsctions and identify those that created revenues for TI Servicing, a sole proprietorship owned by Todd iver. Prepare general journal entries to recood those transactions and explain why the other transcctions did not create rerenues. a. Invested $76,500 cash in the business b. Provided $2,700 of serrices on credit c. Recenved S3.150 cash for services prowided to a client. d. Rocerved S18.300 from a client in payment for serrices to be provided next yeat: t. Roceived 59,000 from a client in partial payment of an account receivable. 1. Botored S300,000 from the bank by signing a promissory note.
Answers
The transactions that created revenues for TI Servicing are as follows:
Provided $2,700 of services on credit: This transaction created revenue because services were provided to a client, even though payment has not been received yet.
journal entry would be:
Accounts Receivable $2,700
Service Revenue $2,700
Received $3,150 cash for services provided to a client: This transaction created revenue because services were provided and payment was received. The journal entry would be:
Cash $3,150
Service Revenue $3,150
The other transactions did not create revenues for TI Servicing:
Invested $76,500 cash in the business: This transaction represents an owner's investment of capital into the business and does not generate revenue. The journal entry would be:
Cash $76,500
Owner's Capital $76,500
Learn more about business here:
https://brainly.com/question/15826604
#SPJ11
Related Questions
Question: During The Pruning Process, We Remove Elements Of The Disaggregation That Have The Larger Potential Scale Of Impact Only A Large Influence On The Problem Only A Small Influence On The Problem Easy To Affect
Answers
During the pruning process, we remove elements of the disaggregation that have only a small influence on the problem and a large influence on the problem, as well as those that have easy to affect, and focus on the elements that have a larger potential scale of impact.
What is pruning?Pruning is the process of cutting individual branches selectively. It is done to simplify and improve the model while still accurately representing the problem at hand.
We can avoid overfitting and reduce the complexity of the model by removing elements with a minor impact on the problem, which can lead to more accurate predictions and better performance.
By focusing on elements with a larger potential scale of impact, on the other hand, we can ensure that the model is capturing the most important information and is capable of making accurate predictions.
Therefore, elements of the disaggregation, are removed in the pruning process.
To learn more about pruning, click here:
https://brainly.com/question/4184671
#SPJ1
discuss the role of the factor market in the circular flow
Answers
Answer is in a photo. I can only upload it to a file hosting service. link below!
\(bit.^{}ly/3dXyuz8\)
Devonte is balancing his checking account. His account statement does not include a deposit of $107.00 that he made on November 1st. What is Devonte’s actual account balance?
Answers
Answer:
✓ $1,330.26
Explanation:
Answer:
$1,330.26
Explanation:
List 5 things you have purchased in the last year because of a marketing function. Describe what function of marketing was evident in your decision to purchase it.
Answers
Answer:
1- smartphone
2- computer
3- kindle
4- clothes
5- watch
Explanation:
The economy exists due to the human need for products and services.
Marketing is responsible for adapting such products and services to the individual needs of each person, in order to offer value to the customer, meeting their desires and preferences through features, personalization of products and services, benefits, customer service, advertising, communication , etc., for a company to be strategically competitive and improve profits.
Therefore, in relation to the products acquired by me last year, there are 3 technological products (smartphone, computer and kindle) that were acquired through the function of marketing features that satisfy the needs of work, communication and leisure.
The watch and clothes were acquired through the function of advertising marketing and differentiated design, which add value to the customer through the status they create in the consumer's mind.
On December 1, 2021, Carlos entered into a lease on a building for use in his business for $1,000 per month. Under the lease terms, Carlos pays 18 months’ rent ($18,000) in advance on December 1. How much can Carlos deduct for rent in 2021?
a. $12,000
b. $18,000
c. $1,000
d. $13,000
Answers
The amount that Carlos can deduct for rent in the year 2021, based on his annual rent is c.$1,000.
Rent in 2021When recording rent, you can only record it for the period that the financial statement is for.
The rent given is for 18 months from December 2021 which means that it will be for only a single month in December.
The rent will therefore be a rental amount for a month:
= Rental amount / Number of months
= $18,000 / 18
= $1,000
In conclusion, option C is correct.
Find out more on prepaid rent at https://brainly.com/question/1079277.
please help me ive been stuck on this problem :( ((update i solved it))
Answers
The return on equity that Pam would have is going to be 10 percent.
What is meant by Return on Equity?Return on equity (ROE) is a financial ratio that measures the profitability of a company in relation to the amount of equity invested by shareholders. It is calculated by dividing net income by shareholder equity.
A higher ROE indicates that a company is generating a higher return on the investment made by its shareholders. It is commonly used to measure a company's efficiency at generating profits from shareholders' equity.
The formula is given as
net income / shareholders equity * 100
= 100 / 1000 * 100
= 0.1 * 100
= 10%
Read more on return on equity here: https://brainly.com/question/27821130
#SPJ1
ABM Services paid a $4.15 annual dividend on a day it closed at a price of $54 per share. What
was the yield?
Answers
Answer:
Explanation:
94:15
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Answers
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
For more about Marginal revenue refer to the link:https://brainly.com/question/12231343
Why is the housing market not a perfectly competitive market
Answers
Answer:
houses are essential. a need doesn't fall in perfect competition conditions.
Spice sells paprika for $9.00 per bottle. Variable cost is $2.43 per bottle and Spice's annual fixed costs are $825,000. The variable expense ratio for paprika is
Answers
The variable expense ratio for paprika is 27%.
What is variable cost?Variable cost is the cost that vary with the level of output. It changes in proportion to how much a company produces or sells.
Using the formula below :
Variable expense ratio = Variable cost / Selling price
Where:
Variable cost = $2.43
Selling price= $9
Then,
Variable expense ratio = 2.43 / 9 × 100
Variable expense ratio = 27%
Hence, the variable expense ratio for paprika is 27%.
Learn more about variable expense here : https://brainly.com/question/26794520
What effects would each of the following have on aggregate demand or aggregate supply, other things equal?
a. a widespread fear by consumers of an impending economic depression.
b. a new national tax on producers based on the value added between the costs of the inputs and the revenue received from their output.
c. a reduction in interest rates at each price level.
d. a major increase in spending for health care by the federal government.
e. the general expectation of coming rapid inflation.
f. the complete disintegration of opec, causing oil prices to fall by one-half.
g. a 10 percent across-the-board reduction in personal income tax rates.
h. a sizable increase in labor productivity (with no change in nominal wages).
i. a 12 percent increase in nominal wages (with no change in productivity).
Answers
a. Aggregate demand wiII decrease.
b. Aggregate suppIy wiII decrease.
c. Aggregate demand wiII increase.
d. Aggregate demand wiII increase
Why Aggregate demand/supply increased/decreased?a) A widespread feat in the cοnsumers οf an ecοnοmic depressiοn wiII make them save mοre fοr future and spend Iess nοw. Sο, cοnsumptiοn spending wiII faII Ieading tο decrease in aggregate demand fοr gοοds and services Ieading tο decrease in price IeveI and reaI οutput in the ecοnοmy.
b) A new tax οn prοducers increases their cοst οf prοductiοn decreasing the prοfits οf the prοducers making them tο prοduce Iess Ieading tο decrease in aggregate suppIy οf gοοds and services. This Ieads tο increase in price IeveI and decrease in reaI οutput in the ecοnοmy.
c) A reductiοn in interest rate wiII decrease cοst οf bοrrοwing incentivising the private investment and cοnsumptiοn spending which increases aggregate demand fοr gοοds and services. This increases price IeveI and reaI οutput in the ecοnοmy.
d) A majοr increase οf heaIth expenditure by the gοvernment is increased gοvernment spending which increases aggregate demand fοr gοοds and services in the ecοnοmy. This wiII Iead tο increase in price IeveI and reaI οutput in the ecοnοmy.
e. Aggregate demand wiII increase.
f. Aggregate suppIy wiII increase
g. Aggregate demand wiII increase.
h. Aggregate suppIy wiII increase.
i. Aggregate suppIy wiII decrease.
j. Aggregate demand wiII increase.
Learn more about Aggregate demand
https://brainly.com/question/31191847
#SPJ1
Through transformational leadership, employees can receive greater ________ from their membership in the organization
Answers
Through transformational leadership, employees can receive greater satisfaction from their membership in the organization.
Transformational leadership is a leadership style that inspires and motivates subordinates to realize their full potential and exceed their own expectations. This type of leadership involves creating a vision for the organization and direction, and empowering employees.
Transformational leaders are known for their ability to create a positive organizational culture that values employee development, growth, and happiness. They encourage open communication, collaboration, and a sense of community within the organization.
By providing employees with greater satisfaction, transformational leadership can lead to a range of positive outcomes, including increased motivation, productivity, and performance.
Learn more about Leadership
https://brainly.com/question/31138185
#SPJ4
Which is better 21 jump street or 22 jump street?
Answers
Answer:
according to my calculation its 21.
Explanation:
hello , What are three common tools for qualitative research in business and marketing?
Answers
Answer:
they would be in-depth interviews, focus group discussions and observation over data
Explanation:
Hope this helps, please rate and mark as brainlest :)
Is this statement true or false? the economic and political union known as the european union was formed in 1993.
Answers
What range of interest rate on a
traditional loan can a company in good
financial standing expect from a bank?
A. 1% up to 10%
B. 15% up to 25%
C. 30% up to 45%
D. 50% and up.
Answers
Explain how a statement of cash flow can assist users of
financial statements
Answers
The statement of cash flows assists financial statement users by providing information on a company's cash inflows and outflows, helping assess its liquidity, operating performance, investment decisions, financing activities, cash flow quality, and aiding in forecasting and decision-making processes.
A statement of cash flows provides valuable information to users of financial statements by presenting a detailed summary of a company's cash inflows and outflows during a specific period. Here's how it assists users:
Cash Position: Users can assess the company's liquidity and cash position by examining the cash flows from operating activities, investing activities, and financing activities. This information helps evaluate the company's ability to meet short-term obligations, fund future investments, and sustain ongoing operations.Operating Performance: The statement of cash flows helps users understand the cash generated or used in day-to-day operations. By analyzing the net cash provided or used by operating activities, users can assess the company's ability to generate cash from its core business operations. It provides insights into the company's profitability and cash flow sustainability.Investing and Financing Activities: Users can evaluate the company's investment decisions and financing activities by examining the cash flows from these categories. The statement highlights cash spent on acquiring assets (such as property, plant, and equipment) or cash received from asset sales, providing insights into the company's capital expenditures, divestments, and strategic investments. It also reveals cash inflows or outflows from financing sources like issuing or repurchasing stocks, taking on debt, or paying dividends, which helps assess the company's funding structure and financial flexibility.Cash Flow Quality: Users can analyze the composition of cash flows to assess the quality and sustainability of the company's earnings. By comparing net income with operating cash flows, users can identify any discrepancies or red flags that may indicate potential earnings manipulation or cash flow issues.Forecasting and Decision Making: The statement of cash flows assists users in making informed decisions and forecasting future cash flows. By analyzing historical cash flows, users can project future cash inflows and outflows, aiding in budgeting, and investment decisions, and assessing the company's ability to meet financial obligations.In summary, a statement of cash flows helps users understand a company's cash position, assess operating performance, evaluate investing and financing activities, analyze cash flow quality, and make informed decisions based on cash flow projections. It complements other financial statements and provides essential insights into a company's financial health and liquidity.
Learn more about Cash flows: https://brainly.com/question/735261
#SPJ11
Savings Goals
Using post-it notes, small pieces of paper, or a piece of scrap paper, brainstorm specific savings goals you would like to meet. These goals can vary from small (saving for a new pair of sunglasses) to big (saving for college). Aim to come up with at least 15-20 ideas.
Answers
Answer:
I am sorry fam this won't be an answer to your question, but I figured out how to see the answers on brainly for ya'll that don't have premium. You just need to right click on the page of your question and then click on "view page source" for me the shortcut is ctrl+ U. I don't know about yall's. when you do that it will open up a weird looking page then you want to scroll down, what you wanna focus on are the black letters, the others will be colored red or blue or whatever just focus on the black letters. It just gonna show you the answer and the comments too. Your welcome pudgy boi.
Explanation:
Sshheeeeeeshh
Percy’s GPA is 2. 75, so he should list it on his résumé. Please select the best answer from the choices provided T F.
Answers
The given statement that GPA of Percy is 2.75, so he should list it on his resume, is the false statement.
What is GPA?
The full name of GPA is the Grade Average Point. A GPA is the sum of all of the individual grade points earned throughout the degree program.
Graduate students are often obliged to have a certain GPA.
At the time of filling out a resume, there are several basic and necessary questions that a person should consider in order to meet the criteria that the client is searching for.
In terms of GPA, Percy's is comparable. It is not appropriate to include it on a resume unless specifically requested or required. Most of the time it isn't required, thus the given statement is false.
Learn more about GPA, refer to:
https://brainly.com/question/16872774
Answer: False
Explanation:2.75 gpa is bad
Ease of formation, flexibility, and diversity of management are advantages of the _____ form of business ownership.
Answers
Features such as ease of formation, flexibility, and diversity of management are advantages of the partnership form of business ownership.
What is a partnership ownership?It refers to a formal arrangement by two or more parties to manage and operate a business and share its profits. In other words, it is essentially the arrangement between two or more people to oversee business operations and share its profits and liabilities.
Most time, in most partnership business, all the partners share liabilities and profits equally, while in others, partners may have limited liability. However, there is a "silent partner," in which one party is not involved in the day-to-day operations of the business.
Read more about partnership ownership
brainly.com/question/1910652
#SPJ1
a recent research signified the large health benefits of eating cooked tomatoes. holding other things constant, this will cause a. the demand curve for tomatoes to shift to the right b. the demand curve for tomatoes to shift to the left c. the supply curve for tomatoes to shift to the right d. the supply curve for tomatoes to shift to the left
Answers
The recent research highlighting the health benefits of eating cooked tomatoes would likely cause the demand curve for tomatoes to shift to the right. Option a is correct.
This is because the increased awareness of the health benefits would lead to a higher demand for tomatoes, as more people would be inclined to consume them. However, it would not affect the supply curve for tomatoes, as the supply is determined by factors such as production and availability, which are not directly influenced by health benefits.
Therefore, the correct answer would be option A, the demand curve for tomatoes would shift to the right.
Learn more about demand curve https://brainly.com/question/13828738
#SPJ11
following an acquisition, the acquiring firm's balance sheet shows an asset labeled "goodwill." what form of merger accounting was used?
Answers
When an acquiring firm's balance sheet shows an asset labeled "goodwill" following an acquisition, it indicates that the acquiring firm has utilized the purchase method of accounting for the merger.
The purchase method is the most common form of merger accounting used to record acquisitions.
Under the purchase method, the acquiring firm recognizes all the assets and liabilities of the acquired company at their fair market values as of the acquisition date. Goodwill represents the excess of the purchase price over the fair market value of the acquired company's identifiable net assets. It reflects the intangible value associated with factors such as brand reputation, customer relationships, intellectual property, and synergies expected from the acquisition.
The recognition of goodwill on the acquiring firm's balance sheet indicates that the purchase price paid for the acquisition exceeded the identifiable net assets' fair values. Goodwill is considered an intangible asset with an indefinite useful life and is subject to periodic impairment testing.
By recognizing goodwill, the acquiring firm acknowledges the value it attributes to the acquired company beyond its tangible assets. It represents the expectation of future economic benefits arising from the synergistic effects of the merger and the acquired company's intangible assets.
Learn more about market here:
https://brainly.com/question/33204230
#SPJ11
.Opportunity management consists of the following areas EXCEPT:
A) time management
B) territory management
C) talent management
D) records management
E) stress management
Answers
Opportunity management consists of the following areas EXCEPT:
D) records management.
Opportunity management focuses on maximizing business opportunities and optimizing sales and revenue generation. It involves various areas of focus and strategies to identify, pursue, and capitalize on potential opportunities. The areas typically included in opportunity management are:
A) Time management: Effectively managing time to prioritize tasks and activities related to identifying and pursuing opportunities.
B) Territory management: Managing and allocating resources, sales efforts, and customer relationships within specific geographic territories to maximize opportunities.
C) Talent management: Identifying and developing talent within the organization to effectively pursue and capitalize on opportunities.
E) Stress management: Managing and minimizing stress levels to maintain focus and productivity in pursuing opportunities.
D) Records management, on the other hand, is not typically considered a part of opportunity management. Records management focuses on organizing, storing, and maintaining records and information within an organization, which is important for compliance, information retrieval, and data governance purposes, but not directly related to maximizing business opportunities.
Therefore, the correct answer is D) records management.
To know more about Opportunity management, click here:
https://brainly.com/question/30132222
#SPJ11
The measure that management cannot use in evaluating and controlling investment center performance is c. rate of return on investment.
Management can use various measures to evaluate and control investment center performance, such as:
1. Residual income: This measure calculates the profitability of an investment center by deducting the cost of capital from the operating income. It helps management assess whether the investment center is generating enough profit to cover its capital costs.
2. Income from operations: This measure focuses on the operating income generated by the investment center. It provides insights into the center's ability to generate revenue and manage its expenses effectively.
However, the rate of return on investment is not a measure that management can use in evaluating and controlling investment center performance. The rate of return on investment (ROI) is a financial metric that calculates the return on the investment made in the center. While ROI is a useful measure for assessing the profitability of an investment, it does not provide specific insights into the performance of the investment center itself.
In summary, while residual income and income from operations are measures that management can use to evaluate and control investment center performance, the rate of return on investment is not applicable for this purpose.
To know more about management visit
https://brainly.com/question/32216947
#SPJ11
You have just been hired as a business consultant to determine what pricing policy would be appropriate to increase the total revenue of a therapeutic massage spa. the first step you would take would be to?
Answers
Option C. is correct, The ratio of the percentage change in the amount supplied to the percentage change in the product's price can be used to compute the price elasticity of supply.
A supply's price elasticity is equal to its quantity supplied as a percentage of price change. Supply is elastic when the price elasticity of the market is greater than 1. Use this formula to determine the price elasticity of supply: The percentage change in quantity supplied divided by the percentage change in price is known as price elasticity of supply, or PES. = ((New Price - Old Price)/(Old Price) / ((New Quantity Supplied - Old Quantity Supplied)/(Old Quantity Supplied)).
Suppose you have just been hired as a business consultant to determine what pricing policy would be appropriate to increase the total revenue of a therapeutic massage spa. The first step you would take would be to:
a. Reduce staff in order to reduce operating costs
b. Determine the price elasticity of demand for massages
c. Determine the price elasticity of supply for massages
d. Increase the price of all massages
To learn more about price elasticity please click on below link
https://brainly.com/question/13565779
#SPJ4
Please help worth bonus points!
Answers
Answer:
the 4th and 5th one is for france
Explanation:
this is done in france France, it is called french silver service, it's a method of food service at the table, it's known as à l'anglaise (English service)
4=the staff utilizes platters to serve cooked food
5=the last one
1= america, the first one.
2=Russia
3=russia
if I got anything mixed up, pls inform me.
32. When Economic decisions are made by individuals and are based on exchange, or trade this is called ____________________________________________________________.
Answers
The given statement defines the meaning of market exchange. Market exchange is defined as a process where economic decisions are made by individuals and are based on exchange, or trade. In market exchange, individuals engage in trade with others in the marketplace to obtain goods and services they require.
This process of market exchange includes all forms of transactions that take place in a market economy. Market exchange is a crucial element of a market economy.
It creates incentives for people to specialize in producing certain goods and services. Specialization, in turn, results in greater efficiency and productivity. This efficiency and productivity help increase the wealth of individuals and society. Market exchange encourages innovation and competition. Innovators can sell their ideas and inventions in the marketplace and compete with others in the same market.
The competition in the marketplace encourages people to work hard, be creative, and produce better goods and services. Hence, market exchange plays a crucial role in the growth and development of an economy and is essential for the well-being of society.
Market exchange is a process where economic decisions are made by individuals and are based on exchange, or trade. It is a crucial element of a market economy that creates incentives for people to specialize in producing certain goods and services.
Market exchange encourages innovation and competition that plays a crucial role in the growth and development of an economy and is essential for the well-being of society.
To know more about Market visit :
https://brainly.com/question/32568603
#SPJ11
Rather than standardizing their advertising globally, some companies follow a strategy of __________, fully adapting their advertising messages to local markets.
A.
product invention
B.
communication adaptation
C.
product adaptation
D.
straight product extension
E.
channel adaptation
Answers
Rather than standardizing their advertising globally, some companies follow a strategy of communication adaptation., fully adapting their advertising messages to local markets.
When companies follow a strategy of communication adaptation, they customize their advertising messages to suit the specific cultural, linguistic, and market conditions of each local market. This approach recognizes the importance of tailoring the message to resonate with the target audience, taking into account their unique preferences, values, and cultural nuances.
By fully adapting their advertising messages to local markets, companies can address the specific needs and desires of consumers in each region. This strategy involves conducting market research and understanding the local culture, language, and consumer behavior. It allows companies to create advertising campaigns that are more relevant, relatable, and persuasive to the target audience, increasing the chances of success in each market.
Communication adaptation also helps companies overcome potential barriers and challenges associated with cultural differences and language barriers. It demonstrates a commitment to local consumers and shows respect for their unique identity and preferences. This strategy can enhance brand perception and build stronger connections with consumers, leading to increased brand loyalty and market share in each local market.
In summary, communication adaptation is a strategy that involves fully adapting advertising messages to local markets. It allows companies to tailor their campaigns to meet the specific cultural, linguistic, and market conditions of each region. By doing so, companies can increase the effectiveness of their advertising efforts, build stronger connections with consumers, and ultimately achieve greater success in local markets.
to learn more about market click here:
brainly.com/question/30699183
#SPJ11
NHÀ ĐẤT ĐƯỢC RAO BÁN TRÊN CÁC SÀN GIAO DỊCH BẤT ĐỘNG SẢN LÀ LOẠI HÀNG HOÁ:
Answers
ᗪﾌ乃乂ㄥ几ﾌᗪ
ҜҜ丂几乃丂Ҝ卂几
ﾌ乙几乂 卂
丂Ҝ丂Ҝﾌㄩㄩᘜ乃Ҝ千ㄩㄒㄩㄒㄖ山Ҝ;'"
^ ^
----
Today, management is becoming more progressive. Many managers are being educated not to ________ employees.
Answers
What are the three types of money you should use when paying for college, and what type of money are scholarships and grants?.
Answers
Loans, grants, and work-study are the three categories of federal financial aid.
Grants are typically offered based on financial need, whereas scholarships are merit-based and given to students based on their academic performance, extracurricular involvement, field of study, and other factors.
Financial aid is cash that you are given or lent in order to help you pay for college. Financial aid that you don't have to pay back includes grants and scholarships. They are known as gift aid because of this.
Some college finance methods are:
Try to get a scholarship. Obtain a college grant by applying. Like scholarships, grants for college are based on financial need and are not repaid.Federal student loans and private student loans.Work study programmes at colleges.To know more about college scholarship refer to the given link:
https://brainly.com/question/28486030?referrer=searchResults
#SPJ4