subject
Business, 20.09.2019 16:20 ejhoff9713

On june 1, banner corporation purchased an estimated four months’ worth of office supplies on account from acme office equipment for $3,200. what effect would this transaction have on banner’s books? a : it would increase the asset supplies by $3,200 and increase the liability accounts payable by $3,200. b : it would increase the asset supplies by $3,200 and decrease the liability accounts payable by $3,200. c : it would decrease the asset supplies by $3,200 and increase the liability accounts payable by $3,200. d : it would decrease the asset supplies by $3,200 and decrease the liability accounts payable by $3,200.

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 22:20, salam4704
If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution, you are using your car as collateral. true false
Answers: 2
image
Business, 22.06.2019 01:00, jonzyjones3114
Bond x is noncallable and has 20 years to maturity, a 7% annual coupon, and a $1,000 par value. your required return on bond x is 10%; if you buy it, you plan to hold it for 5 years. you (and the market) have expectations that in 5 years, the yield to maturity on a 15-year bond with similar risk will be 9.5%. how much should you be willing to pay for bond x today? (hint: you will need to know how much the bond will be worth at the end of 5 years.) do not round intermediate calculations. round your answer to the nearest cent.
Answers: 3
image
Business, 22.06.2019 12:50, sunshine0613
Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.
Answers: 3
image
Business, 22.06.2019 17:10, lerasteidl
To : of $25 up to 35 2 35 up to 45 5 45 up to 55 7 55 up to 65 20 65 up to 75 16 is$25 up to $35 ?
Answers: 1
You know the right answer?
On june 1, banner corporation purchased an estimated four months’ worth of office supplies on accoun...

Questions in other subjects: