The following transactions have been journalized and posted to the proper accounts: 1. Mark Call invested $7,000 cash in his new design services business. 2. The business pre-paid the first month's rent of $700 cash. 3. The business purchased equipment by paying $2,000 cash and issuing a note payable for $4,500. 4. The business purchased supplies for $850 cash. 5. The business billed a client for $4,000 of design services completed. 6. The business received $3,000 cash for the completed services. What is the balance in Cash for this design service business

Answers

Answer 1

Answer:

$6,450

Explanation:

Calculation to determine the balance in Cash for this design service business

Using this formula

Cash balance=Cash Amount invested+Cash Received-Rent- Equipment purchased-Supplies

Let plug in the formula

Cash balance=$7,000+$3,000-$700-$2,000-$850

Cash balance=$6,450

Therefore the balance in Cash for this design service business is $6,450


Related Questions

When modeling fisheries: (You may choose one or more answers, you may also want to consult your book concerning fixed quota and fixed effort) Group of answer choices Fixed quota models are risky because slight miscalculations can result in fish population extinction Fixed quota models result in multiple maximum sustainable yield population levels Fixed effort harvesting reduces the risk of population extinction Fixed effort models result in an inability to harvest at maximum sustainable yield

Answers

Answer:

Option A, Fixed quota models are risky because slight miscalculations can result in fish population extinction

Explanation:

Some of the major drawbacks of modelling fishing are as follows –  

a) The fixed quota model is very risky as a miniscule change in attributes can result into extinction of fish.  

b) On the other hand fixed effort harvesting can decrease the risk of fish population extinction

Hence, option A is correct

Help
Select the correct answer.
A farmer uses one pound of fertilizer to grow crops on his land. He decides to increase the amount of fertilizer added to the soil to three pounds to obtain a greater yield. The size of the garden and the amounts of seeds, water, and sunlight remain the same. The farmer keeps increasing the amount of fertilizer (to four, five, and six pounds, etc.), and continues to gain higher yields. However, since the other factors of production remain constant, the increase in crop yield is lower than the increase in a single factor of production (fertilizer). What is the term for this phenomenon?
A.
economic order quantity (EOQ)
B.
law of diminishing returns
C.
economy of scale
D.
labor productivity
E.
production control

Answers

Answer:

E

Explanation:

it most likely is production control

1. Describe the features available through online banking.
2. Discuss the advantages of doing your banking online,
3. Discuss the disadvantages of doing your banking online.
4. What is identity theft and how does it connect to online banking?
5. What measures can you employ to make your online banking safe and efficient?
6. What types of services do you see in the future for online banking?
7. Describe the purpose of the Electronic Funds Transfer Act.
8. How can banks be competitive in the features offered through online banking?

Answers

Answer:

wait can i ask somebody to help you

Explanation:

Brenda and Louise are twin sisters who each married 20 years ago. Brenda and her husband run a small piano tuning business. They have had a small, loyal customer base, and their modest but adequate income has not changed over time. Louise and her husband each work for a corporation, and their incomes have steadily increased over the last 20 years allowing them to increase their standard of living. Assuming that Brenda and Louise began their married lives equally happy, and based on their income histories alone, what would you predict about the subjective well-being of Brenda and Louise today

Answers

Answer: Probably, still happy

Explanation:

People measure success differently, and what makes an individual happy may not be applicable to another, some person's gain satisfaction in doing their own business, while some prefer working for other people. This is why there isn't any specific measure for people's success. Concerning Brenda and Louise, there is a great possibility that they are happy in their various endeavors, having chosen a particular career part and stuck to it for years. This doesn't mean they won't have challenges but means they are happy where they are.

Net initial investment includes ________. Group of answer choices cash outflow to purchase new equipment, depreciation on new equipment, and after-tax cash inflow from disposal of the old equipment cash outflow to purchase new equipment, cash outflow for working capital, and after-tax cash inflow from disposal of the old equipment depreciation on new equipment, cash outflow for working capital, and after-tax cash inflow from disposal of the old equipment cash outflow to purchase new equipment, cash outflow for working capital, and depreciation on new equipment

Answers

Answer:

The correct answer is the following option: Cash outflow to purchase new equipment, cash outflow for working capital and after-tax cash inflow from disposal of the old equipment.

Explanation:

To begin with. the term known as "Net initial investment" refers to a concept in the field of business, finances and accounting that represents the total amount of money that the investors a company or a project put it together in order to start the business. It is a very important matter of the capital budgeting use due to the fact that involves the cash for new equipment and new working capital as well as the after-tax cash inflow from disposal of the old equipment. Moreover, the correct apreciation and calculation of this concept involves a major contribution to the final returns to the shareholders, so that puts more importance in the term.

NEED HELP ASAP 10 POINTS
The production, purchase, and sale of goods in a world-wide market is known as the _____.

Answers

Answer:

I think it's global economy

WILL BE MARKED BRAILIEST!!
10 points for each
6.A woman enters an electronics store and asks for help choosing a laptop
she can use to watch movies with her grandchildren. She asks many
questions about an assortment of low- and higher-priced computers
before deciding to purchase one. It is most likely this person is a(n)
•interviewer
•mystery shopper
•trained facilitator
•focus group member

7.An elderly man with lots of free time uses baby lotion on his skin. He
would probably be a great candidate to complete a respondent diary.
True
False

8.Organizations use marketing research to gather data about
(Select all that apply) *
•their customers
•new products they are considering
•employees they want to hire
•their customers' preferences

Answers

Answer:

•mystery shopper

false

Explanation:

Whats your favorite Song guys

Answers

gravity ft. tyler the creator

Memories by Maroon 5. I love this song.

please please.pleas help me

What are the advantages and disadvantages of consulting

NO LINKS!!!​

Answers

Answer:

Advantages of Being a Consultant:

You can learn many skills

Consulting allows you to build a powerful network

You get responsible tasks from the beginning

Perfect if you like to travel

You learn to work with the latest technologies

You can work in project teams

Consulting allows you to see many new things

You can work with many clients

Continuous training

You can work with other motivated people in consulting

Consulting teams support each other

You work on demanding projects

Good for your CV

You learn how to deal with stress

Consultants can earn pretty good money

Great exit options

You can work on many projects

Consulting never gets boring

Explanation:

Disadvantages of Being a Consultant:

Pressure in consulting can be high

Strict deadlines are a problem

You will be pushed to your boundaries

Consulting can imply working long hours

You may be away from home during the week

Being a consultant can be lonely

Some people develop mental issues

No real work-life balance

Problematic in case you have children

You have to represent the company

Many of your colleagues will leave

Insecurity regarding what comes next

Great swings in workload

Unsatisfying outcomes

Success greatly depends on the project manager

Secondary data consist of ________. A) data that is unreliable and unsuitable for the purpose of making marketing decisions B) information collected from conducting personal, in-depth interviews C) data that does not age D) information that already exists somewhere, having been collected for another purpose E) information collected for the specific purpose at hand

Answers

Answer: D) information that already exists somewhere, having been collected for another purpose.

Explanation:

Secondary data in a research is data that has already been collected by others and usually for the another purpose but can be used for the purpose at hand.

These other sources could be from the government or private institutions and individuals but when they are used in research they must be referenced so that viewers know where the information is from.

Secondary data is used in our daily lives. For instance, if you had a weather report and used data from the National Weather Service (NWS), that is secondary data being used.

make a budget of 2000 dollars for a grade six pupil​

Answers

Answer:

Spend half save half

Explanation:

Terrance has to make home mortgage payments. What can you MOST likely conclude about Terrance based on this fact?​

Answers

Answer:

Terrance owns a house.

Explanation:

Answer:

A. He has a long-term liability.  

Explanation:

c:

Jean’s Vegetable Market had the following transactions during 2014: 1. Issued $50,000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $22,000. 3. Acquired land by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $7,000. 5. Sold a long-term investment (cost $3,000) for cash of $6,000. 6. Acquired an investment in IBM stock for cash of $10,000. What is the net cash provided by financing activities? Group of answer choices $21,000 $67,000 $0 $28,000

Answers

Answer:

$21,000

Explanation:

The computation of the cash provided by financing activities is shown below

Cash flows from financing activities

Issue proceeds of common stock $50,000

Less Repayment of 6 year note payable -$22,000

Less: Payment of cash dividend -$7,000

Net Cash provided by financing activities $21,000

The same is considered and relevant

AtGlobal, Inc. claimed In Its advertisement that you can buy electronic Items on credit. Which federal law is applicable when AtGlobal, Inc. states
Its credit terms?
A.
Fair Debt Collection Practices Act
OB.
Truth in Lending Act
C.
Fair Credit Billing Act
O D.
Fair Credit Reporting Act
OE.
Equal Credit Opportunity Act

Answers

Answer: c

Explanation:

Which type of credit is most likely to be unsecured?

auto loans
credit cards
mortgage loans
personal loans]

Answers

Answer:

Last choice) personal loans

Explanation:

PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!

ABC Lumber Company has stock with these probabilities of value after five years with an initial investment of $2,000: 55% probability of a $1,800 value, 20% probability of a $2,100 value, and 25% probability of a $2,700 value. What is the expected value of the investment after five years?

A. $2,085

B. $2,000

C. $1,950

D. $1,545

Answers

Answer:

C

Explanation:

Answer:

1,950

Explanation:

You see Paul dealing with Susan, an upset employee from another department. Susan is complaining about something that your department was supposed to do but didn't. You are in a back room and have not been seen by Susan. Paul is obviously frustrated and unable to deal with Susan effectively. You should:

a. Walk up to the pair and attempt to change the conversation.
b. Introduce yourself to Susan and offer your assistance.
c. Ask your supervisor to offer some interpersonal skills training to Paul.
d. Tell Paul that Susan is needed by the supervisor to end the situation.

Answers

I think option (b) is the correct

PLEASE HELP, I WILL MARK BRAINLIEST!!! define/describe the following terms. note what the advantages and disadvantages of each are (from a worker's perspective). here are the following terms: contracting, consulting, entrepreneurship

please no links, this is due tommorow!!!​

Answers

The advantages of entrepreneurship include the ability to shape one's own business, control of one's own working habits, and significant stock in the venture. Disadvantages include a lack of guarantee of success and the heightened responsibility of owning a business. Higher take-home pay.
Tax relief on business expenses.
Greater opportunity for tax planning.
Total control of your business and name.
One company for all your business interests.
Limited liability and protection of personal assets.

Appropriate body language during a presentation includes

A. Avoiding eye contact with the audience
B.Dressing as formally as possible
C.Avoiding unnecessary movements.
D. Refraining from any facial expressions.

HELP ASAP

Answers

Answer:

B

Explanation:

A(n)
strategy determines the direction the organization will take in making directional decisions.
A. business
O
B. organizational
C. operational
O
D. corporate

Answers

corporate is the correct answer

What is an origination fee on a loan?

Answers

Answer & Explanation: An origination fee is a payment associated with the establishment of an account with a bank, broker or other company providing services handling the processing associated with taking out a loan.

HELP ASAP PLZ!!!! Who would be most negatively affected if lower price limits were not in place? Explain your answer

Answers

The minimum wage payed employees would be the most negatively affected because if lower price limits weren’t there, the prices would drop drastically to win the customer’s purchase over other markets or businesses. The big bosses would be then forced to cut money out of their employees salary because of the low revenue in money.



I think that’s a great answer someone correct me if I’m wrong!

a description about agriculture

Answers

Answer:

The art and science of cultivating the land, growing crops, and raising livestock is known as agriculture. It entails the processing of plant and animal products for human consumption as well as their delivery to markets. These goods, as well as the agricultural practices employed, may differ from one region to the next.

Explanation:

Hope this helps!

Please mark me as Brainlineast.

Smith and Sons Inc. has a target capital structure that calls for 40 percent debt, 10 percent preferred stock, and 50 percent common equity. The firm's current after-tax cost of debt is 6 percent, and it can sell as much debt as it wishes at this rate. The firm's cost of preferred stock is 11 percent and its cost of retained earnings is 14 percent. The firm expects to generate $15,000 in retained earnings this year. Compute the weighted average cost of capital (WACC) break point associated with issuing new common stock

Answers

Answer: $30,000

Explanation:

The weighted average cost of capital (WACC) break point that is associated with the issuing of the new common stock will be:

= Earnings retain / Percent of common equity in capital structure

= $15000 / 50%

= $15000/0.5

= $30,000

Forsyth County charges a 7% sales tax. If you bought a new printer form $3250.00, what is the total cost for the printer?

Answers

Answer:

Total cost = $3477.5

Explanation:

Given the following data;

Sales tax = 7%

Cost price = $3250.00

To find the total cost for the printer;

First of all, we would determine the sales tax

Sales tax = 7/100 * 3250

Sales tax = 7 * 32.5

Sales tax = $227.5

Now, we can find the total cost;

Total cost = sales tax + cost price

Total cost = 227.5 + 3250

Total cost = $3477.5

pleace text me back on her if you subscribe
100 points given

Answers

Answer:

Im so so sorry but I dont know how to do this

Explanation:

Green Landscaping is completing work for a contract client that is billed when work is completed. At the year-end, Green had completed $250 of landscaping services that were unbilled and unrecorded. The entry to record this adjustment will include which of the following entries: (Check all that apply). Multiple select question. a debit to unearned service fees a credit to unearned service fees a debit to service fees earned a credit to accounts receivable a credit to service fees earned a debit to accounts receivable

Answers

Answer:

a debit to accounts receivable

a credit to service fees earned

Explanation:

Based on the information given we were told that $250 of landscaping services which were unbilled and unrecorded was completed at year end which means that The appropiate journal entry to record this adjustment will include which of the following entries:

a debit to accounts receivable

a credit to service fees earned

WILL MARK BRAINLIEST

Which of the given items are examples of tangible and intangible fixed assets, respectively?

____ is a tangible fixed asset, while _____
is an example of an intangible fixed asset.


Blank 1
A. Equipment
B. Mortgage loan
C. Cash

Blank 2
A. Accounts receivable
B. Copyrights
C. Inventory

Answers

Answer:

I think blank 1- is B but not sur.

Hoping you have a good day

ty ur a life saver.

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:D

The Federal Reserve Act of 1913 required all ________ banks to become members of the Federal Reserve System, while ________ banks could choose to become members of the system.a. state; nationalb. national; municipalc. national; stated. state; municipal

Answers

Answer:

c. national; state

Explanation:

The Federal Reserve Act of 1913 required that banks that operated nationally had to join the Federal Reserve System. It was mandatory, and national banks had to do it.

It also allowed banks that operated on a state level to join the Federal Reserve System, but that was optional, it was not mandatory.

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did i do this right? How much energy is required to raise the temperature of a 300.0gram block of lead from 22.3C to 59.9C? The specific heat of lead is0.129 J/gC. Ok here is the question I need it answered fast I'll give brainliest! Is this statement true or false?Japanese Americans being relocated to internment camps were given very little notice and could take only their clothes and a few small possessions. Based on the information presented in this map, one can conclude thatAthe majority of slave trading took place between African countries.Bseveral European countries participated in the African slave trade.most of slaves that were traded originally lived in east Africa.DAsia imported more slaves than any other continent. I need help with this one! Please Which ratio is equivalent to 1 to 8?7 to 147 to 96 to 416 to 48 Light coming from a fish makes an incidence angle of 30 to normal under the water. The index of refraction of water is 1.33. A fisherman is looking at the fish through air. At what angle with the normal will the fish appear to the fisherman? Use Snells law: . Type the correct answer in the box. Express your answer to three significant figures. Iron(II) chloride and sodium carbonate react to make iron(II) carbonate and sodium chloride: FeCl2(aq) + Na2CO3(s) FeCO3(s) + 2NaCl(aq). Given 1.24 liters of a 2.00 M solution of iron(II) chloride and unlimited sodium carbonate, how many grams of iron(II) carbonate can the reaction produce? The reaction can produce grams of iron(II) carbonate. PLEASE ANSWER I WILL GIVE BRAINLIEST TO WHOEVER ANSWERS GOOD PLEASE (Also Jared, 19 who never learned how to read if ykyk) A square has a perimeter of 8g + 16. Which expression also represents the perimeter given the side length of the square? At the beginning of 2007, the population of a certain state was 55.4% rural and 44.6% urban. Based on past trends, it is expected that 15% of the population currently residing in the rural areas will move into the urban areas, while 21% of the population currently residing in the urban areas will move into the rural areas in the next decade. What was the population distribution in that state at the beginning of 2017 what the the opposite of - 4.1 ? Type the correct answer in the box. Spell all words correctly.Which federal agency is authorized to oversee all commercial advertisements?has beenAmid concerns over deceptive practices in some commercials featuring prominent celebrities,authorized to oversee all commercial advertisements. Please make a poem for this and look at the picture Thank you A 12 ohm resistor and a 24 ohm resistor are connected in parallel across a 6.0 V battery. The correct statement from the following is a. the current is the same in each resistor. b. the power dissipated is the same in each resistor. c. the larger current is in the larger resistor. d. the voltage difference between the ends of each resistor is the same. PLEASE HELP THIS IS TIMED!!!! PLEASE HELP!!!! I WILL MARK YOU BRAINIEST TO WHOEVER ANSWERS THIS CORRECTLY!!!! NO LINKS OR I WILL REPORT YOU!!!!!!!!! MY COUSIN IS A LAWYER AND MY DAD IS A COP!!!!!!!!! SO NO LINKS!!!!!!!! I WILL MARK YOU BRAINIEST TO WHOEVER ANSWERS THIS CORRECTLY!!!! R and S represent positive integers on a number line and R The Sun emits radiation with a wide range of wavelengths that cover the entire electromagnetic spectrum. Which of the following is true about this spectrum and the human eye? PLSS HELPPPPP!!!!!!!Why did the broadcast of the radio play for War of the Worlds creat problems?A. It did not include any musicB. People mistook it for a newscastC. The material offended many people at the timeD. There were several similar radio plays at the time