Explain how absolute advantage and comparative advantage differ. 2. Yes it is within the statutory of limitation but they are adamant this is not a debt I know they should ask the supplier for a credit note but that will never happen or write to the supplier saying that they are writing the amount off. Accounts payable is overstated as well. 23. I need to know how clinical risk assessment differs from actuarial risk assessment. 13. Received cash from customers on account, $14,800. Annual fee of $120, which is waived for the first year. Paid $800 to a local radio station to advertise the services of PS Music twice daily for the remainder of July. Those types of creditors … Customers who do not pay for products or services up front, for example, are debtors to your business, which serves as the creditor in this scenario. 4. Received $750, with the remainder due August 4, 2019. Creditors are amounts which are owed by you to your suppliers, they are sometimes referred to as accounts payable or trade creditors.. Any additional hours beyond 80 will be billed to KXMD at $40 per hour. Purchased supplies on account, $850. Paid $620 to Upload Music for use of its current music demos in making various music sets. 27. Begin by looking at the historical performance of the overall stock market. This will take, at minimum, 10-15 minutes. Paid an attorney $900 for reviewing the July 3 contract with KXMD. (Record as Miscellaneous Expense.) 4. Owner withdrew $2,000 for personal use-Debit Owner Drawing $2000 101-Credit Cash $2000. Should I start my scholarship essay off like this. 1. Deal Calendar. 31. Adjustment: Responding to Door Claim. Factory overhead rate, entry for applying factory overhead, and factory overhead account balance The com accoun... On the basis of the following data, determine the value of the inventory at the lower of cost or market. Purchased office equipment on account from Office Mart, $7,500. Enter the July 1, 2019, account balances in the appropriate balance column of a four-column account. 27. If your supplier allows you credit and invoices you for a product or service and you make payment at a later date 30 days 60 days etc, then while you owe the supplier the money they are classified as a creditor of your business. 2 - The following data (in millions) were taken from... Ch. Paid for a newspaper advertisement, $200. Tell me more Pay no interest until March 2021. Paid $800 to a local radio station to advertise the services of PS Music twice daily for the remainder of July. 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Paid $1,400 royalties (music expense) to National Music Clearing for use of various artists’ music during July. In total, he paid about $250: about $180 to remove one of the accounts off his credit report and $70 for the other. Instead of continuing to share office space with a local real estate agency, Peyton decided to rent office space near a local music store. Most economists are _____ that natural resources will eventually limit economic growth. Describe where you think the following categoriespaper clips, machine tools, castings, personal computers, fuel... EXHIBIT 4 Marginal Utility for Data for Clothes and Amusement Refer to Exhibit 4. debit utilities expense credit cash. 2 - Based upon the data presented in Exercise 2-13,... Ch. 31. I have to make an assignment about the harmful effect of soft drinks on bone  2 - The following errors occurred in posting from a... Ch. Prepare an unadjusted trial balance as of July 31, 2019. Paid Creditors on Account $950. * Get the first year free, saving you $120. 2 - During the month, Midwest Labs Co. has a... Ch. 2 - On September 18, 2019, Afton Company purchased... Ch. 5. 21 Received $250 for services rendered on a cash basis (i.e., not on account). Paid miscellaneous expenses, $540. Earn a $150 bonus when you spend $500.01–$1,500.00 within 90 days of opening the account OR earn a $250 bonus when you spend $1,500.01 or more within 90 days of opening the account. Unexpected car repair? In Exhibit A-6, as X increases along the horizontal axis, the Y values increase. 29. 2 - On August 1, the supplies account balance was... Ch. when you pay with a credit account . Paid wages of $1,200 to receptionist and part-time assistant. Connect your bank account and that’s it! he calculated new account balance in credit column for sales, what is next step? Fees earned and billed to customers for the month, $33,100. 29. Determine the effect of the following errors on a companys total revenue, total expenses, and net income. 31. 31. 4. Served as a disc jockey for a charity ball for $1,500. 2. Owner determined cost of supplies on hand Nov. 30th was 550. You can use your credit card to register, you don’t need to have a current account with us. Post the journal to the ledger, extending the account balance to the appropriate balance column after each posting. a. 2 - Identify each of the following accounts of... Ch. If you want to pay by card, you have to click on the inconspicuous ‘Pay now?’ button further down the page – otherwise a credit account will be opened and the order charged to that account. How can I say I am proud of Canada without using I for my essay? 18. 2. 2 - On August 1, 2019, Rafael Masey established Planet... Ch. Write. Glasgow G51 9AB or e-mail to sgbd.bacs@sgbd.co.uk 2. The... 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