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Business, 21.08.2019 22:30 andybiersack154
Issued stock for $6 cash (example). purchased equipment costing $6,320, paying $4,893 in cash and charging the rest on account. paid $513 in principal and $91 in interest expense on long-term debt. earned $88,988 in sales revenue; collected $87,949 in cash with the customers owing the rest on account. incurred $10,766 in shipping expenses, all on credit. paid $28,241 cash on accounts owed to suppliers. incurred $4,332 in marketing expenses; paid cash. collected $620 in cash from customers paying on account. borrowed $6,359 in cash as long-term debt. used inventory costing $62,752 when sold to customers. paid $177 in income tax recorded as an expense in the prior year.
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Business, 22.06.2019 16:00, ari313
What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.
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Issued stock for $6 cash (example). purchased equipment costing $6,320, paying $4,893 in cash and ch...
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