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G during january, time tickets show that the factory labor of $6,000 was used as follows: job 1 $2,200, job 2 $1,600, job 3 $1,400, and general factory use $800. prepare a summary journal entry to record factory labor used. (credit account titles are automatically indented when amount is entered. do not indent manually.)

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G during january, time tickets show that the factory labor of $6,000 was used as follows: job 1 $2,200, job 2 $1,600, job 3 $1,400, and general factory use $800. prepare a summary journal entry to record factory labor used. (credit account titles are automatically indented when amount is entered. do not indent manually.)

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A cash payment received from a customer for a product purchased on account would be recorded as…

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Answered by answersmine AT 22/10/2019 – 02:35 AM

A cash payment received from a customer for a product purchased on account would be recorded as DEBIT TO CASH AND CREDIT TO ACCOUNT RECEIVABLE.  Cash is debited because cash has been received by the company and it has to be debited to the asset account of cash. The account receivable is credited to record the fact that money has been received. 

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Ryan was 8 when his parents invested $4000 in a certificate of deposit that pays 6%. if ryan leaves the account alone until it reaches $10,000, how old will he be? (assume that the interest is not compounded annually.)

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Ryan was 8 when his parents invested $4000 in a certificate of deposit that pays 6%. if ryan leaves the account alone until it reaches $10,000, how old will he be? (assume that the interest is not compounded annually.)

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Find the balance in a $900 interest account after 10 years if the interest rate is 4.62%, compounded annually. $1,413.81 $941.58 $415.80 $4,158.00

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Find the balance in a $900 interest account after 10 years if the interest rate is 4.62%, compounded annually. $1,413.81 $941.58 $415.80 $4,158.00

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Franklin deposited $75 in a no-interest bank account when he opened it. After that, he deposits $50 per month in the account. Assume he makes no other withdrawls or deposits. The equation below can be used to find m, the number of months it take him to save a total of $175 . What number should he use as the coefficient of m ??

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Franklin deposited $75 in a no-interest bank account when he opened it. After that, he deposits $50 per month in the account. Assume he makes no other withdrawls or deposits. The equation below can be used to find m, the number of months it take him to save a total of $175 . What number should he use as the coefficient of m ??

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You invest $6000 into an account paying 3.75% annual interest compounded bimonthly(every 2 months), and you want to have $10,000 saved for your first year of college. How long will it take for your investment to grow that large? Round your answer to the nearest whole number.

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The formula is
A=p (1+r/k)^kt

A future value 10000
P present value 6000
R interest rate 0.0375
K compounded every two months 6
T time?

We need to solve for t
T= [log (A/p)÷log (1+r/k)]÷k
T=(log(10,000÷6,000)÷log(1+0.0375÷6))÷6
T=13.7 years
Round your answer to get
T=14 years

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A bank offers two interest account plans. Plan A gives you 6% interest compounded annually. Plan B gives you 13% annual simple interest. You plan to invest $2,000 for the next 4 years. Which account earns you the most interest (in dollars) after 4 years? How much will you have earned? Plan A; $524.95 Plan B; $524.95 Plan A; $1,040.00 Plan B; $1,040.00

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Plan A
The formula is
A=p (1+r)^t
A=2,000×(1+0.06)^(4)
A=2,524.95 ( future value )

Interest earned=A-p
Interest earned=2524.95-2000
Interest earned=524.95

Plan B
Use the simple interest formula
I=prt
I interest earned?
P principle 2000
R interest rate 0.13
T time 4years
I=2,000×0.13×4
I=1,040

The Answer is
Plan B; $1,040

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A bank offers a 4% annual interest rate for a savings account. Nathan puts $3,800 into an account to save for college. How much will be in the account after a year?

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A bank offers a 4% annual interest rate for a savings account. Nathan puts $3,800 into an account to save for college. How much will be in the account after a year?

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Which of the following would be a good reason to place your money into a savings account? a. You can purchase stocks with a savings account b. A savings account earns interest c. You can write checks with a savings account d. You can use a debit card to make transactions

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Which of the following would be a good reason to place your money into a savings account? a. You can purchase stocks with a savings account b. A savings account earns interest c. You can write checks with a savings account d. You can use a debit card to make transactions

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Mai is putting money into a savings account. She starts with $350 in the savings account, and each week she adds $60 . Let S represent the total amount of money in the savings account (in dollars), and let W represent the number of weeks Mai has been adding money. Write an equation relating S to W . Then use this equation to find the total amount of money in the savings account after 12 weeks. Equation: Total amount of money after 12 weeks: $

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Answered by answersmine AT 22/10/2019 – 03:50 AM

S=60w+ 350. Because you get $60 times the amount of weeks,plus the first $350 she started with. She ends up with $1070 dollars because $60 x 12= 720, then you add the first $350 and get $1070. Hope this helped.

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Read the following excerpt taken from the US Supreme Court case Plessy v. Ferguson (1896). The case coming on for a hearing before the Supreme Court, that court was of opinion that the law under which the prosecution had was constitutional, and denied the relief prayed for by the petitioner. Ex parte Plessy, 45 La.Ann. 80. Whereupon petitioner prayed for a writ of error from this court, which was allowed by the Chief Justice of the Supreme Court of Louisiana. MR. JUSTICE BROWN, after stating the case, delivered the opinion of the court. This case turns upon the constitutionality of an act of the General Assembly of the State of Louisiana, passed in 1890, providing for separate railway carriages for the white and colored races. Acts 1890, No. 111, p. 152. The first section of the statute enacts “that all railway companies carrying passengers in their coaches in this State shall provide equal but separate accommodations for the white and colored races by providing two or more passenger coaches for each passenger train, or by dividing the passenger coaches by a partition so as to secure separate accommodations: Provided, That this section shall not be construed to apply to street railroads. No person or persons, shall be admitted to occupy seats in coaches other than the ones assigned to them on account of the race they belong to.” The Supreme Court’s ruling in Plessy v. Ferguson was problematic because

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In the Plessy v. Ferguson case, the Supreme Court’s ruling of the “separate but equal” law being constitutional was problematic because the “separate but equal” law accepted segregation and the discrimination that were against blacks.

Hope this helps!

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You invest $1600 into an account that pays an interest rate of 4.75 percent compounded continuously. Calculate the balance after seven years.

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You invest $1600 into an account that pays an interest rate of 4.75 percent compounded continuously. Calculate the balance after seven years.

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How much money would need to be deposited into an account earning 5.25% interest compounded annually in order for the accumulated value at the end of 25 years to be $75,000? a. $20,243.85 b. $20,869.34 c. $57,142.86 d. $67,245.61

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How much money would need to be deposited into an account earning 5.25% interest compounded annually in order for the accumulated value at the end of 25 years to be $75,000? a. $20,243.85 b. $20,869.34 c. $57,142.86 d. $67,245.61

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8. An online bank statement reads as follows: Account balance: $986.24 Car payment: $203.34 Gas bill: $96.67 Check deposit: $1289.60 Cash deposit: $45 Debit card transaction: $67.12 ATM withdrawal: $30 Find the current account balance to date. A. $937.47 B. $1,726.52 C. $1,555.33 D. $1,923.71

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Starting balance : 986.24

deductions :
car payment : 203.34
gas bill : 96.67
debit card : 67.12
ATM : 30
total deductions : 203.34 + 96.67 + 67.12 + 30 = 397.13

deposits :
check : 1289.60
cash : 45
total deposits : 1289.60 + 45 = 1334.60

Balance to date : 986.24 + 1334.6 – 397.13 = 1923.71 <==

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You invest $2,000 in an account that has an annual interest rate of 3.2%, compounded annually. How much money will be in the account after 12 years? Round your answer to the nearest whole number.

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P = 2000 is the amount invested
r = 0.032 is the decimal form of 3.2%, which is the interest rate
n = 1 indicates we compound 1 time a year (compound annually)
t = 12 is the number of years

Those four values are plugged into the formula below
A = P*(1+r/n)^(n*t)
A = 2000*(1+0.032/1)^(1*12)
A = 2918.6792
A = 2919

Rounded to the nearest whole dollar, you’ll have about $2919 in the account

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Suzu, an employee of ridgeline credit union, deposits into her account checks entrusted to the credit union through its atm system by customers to deposit into their accounts. this is

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The answer is embezzlement
Suzu has no right to deposits other’s people money into her own account. By Doing this, Suzu has violated the trust that given by the credit union.
In United States’ law, this type of behavior will be processed as a white collar crime and the punishment will be depended on the amount of money involved

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If you deposit $5,400 at the end of each of the next 25 years into an account paying 10.3 percent interest, how much money will you have in the account in 25 years

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If you deposit $5,400 at the end of each of the next 25 years into an account paying 10.3 percent interest, how much money will you have in the account in 25 years

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You deposit $2000 each year into an account earning 6% interest compounded annually. How much will you have in the account in 35 years?

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You deposit $2000 each year into an account earning 6% interest compounded annually. How much will you have in the account in 35 years?

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If you put $1,500 in a savings account that pays 4% interest compounded continuously, how much money will you have in your account in 5 years? Assume you make no additional deposits or withdrawals. A. $3,286.68 B. $1,832.10 C. $1,824.98 D. $9,160.52

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If you put $1,500 in a savings account that pays 4% interest compounded continuously, how much money will you have in your account in 5 years? Assume you make no additional deposits or withdrawals. A. $3,286.68 B. $1,832.10 C. $1,824.98 D. $9,160.52

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Equipment was acquired at the beginning of the year at a cost of $465,000. the equipment was depreciated using the straight-line method based on an estimated useful life of 15 years and an estimated residual value of $45,000. required: a. what was the depreciation for the first year? b. assuming the equipment was sold at the end of the eighth year for $235,000, determine the gain or loss on the sale of the equipment. c. journalize the entry to record the sale. refer to the chart of accounts for exact wording of account titles.

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Employee                                 Mary      Zoe         Greg         Ann           Tom

Cumulative Pay                       $6,800   $10,500  $8,400    $66,000   $4,700

Pay subject to FICA S.S.         $421.60  $651.00  $520.80 $4092.00 $291.40
6.2%, (First $118,000)

Pay subject to FICA Medicare $98.60 $152.25    $121.80    $957.00    $68.15
1.45% of gross

Pay subject to FUTA Taxes      $40.80  $63.00     $50.40    $396.00  $28.20
0.6%

Pay subject to SUTA Taxes   $367.20  $567.00  $453.60  $3564.00 $253.80
5.4% (First $7000)

Totals                                     $928.20 $1,433.25 $1,146.60 $9,009.00 $641.55

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Colin received a bonus check for 2,500$. He is going to deposit the money into his bank account that receives 5.5% simple interest. What is his balance after one year? A. $2,637.50B. $2,373.50C. $2,813.50D. None of these choices

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The basis to respond this question are:

1) Perpedicular lines form a 90° angle between them.

2) The product of the slopes of two any perpendicular lines is – 1.

So, from that basic knowledge you can analyze each option:

a.Lines s and t have slopes that are opposite reciprocals.

TRUE. Tha comes the number 2 basic condition for the perpendicular lines.

slope_1 * slope_2 = – 1 => slope_1 = – 1 / slope_2, which is what opposite reciprocals means.

b.Lines s and t have the same slope.

FALSE. We have already stated the the slopes are opposite reciprocals.

c.The product of the slopes of s and t is equal to -1

TRUE: that is one of the basic statements that you need to know and handle.

d.The lines have the same steepness.

FALSE: the slope is a measure of steepness, so they have different steepness.

e.The lines have different y intercepts.

FALSE: the y intercepts may be equal or different. For example y = x + 2 and y = -x + 2 are perpendicular and both have the same y intercept, 2.

f.The lines never intersect.

FALSE: perpendicular lines always intersept (in a 90° angle).

g.The intersection of s and t forms right angle.

TRUE: right angle = 90°.

h.If the slope of s is 6, the slope of t is -6

FALSE. – 6 is not the opposite reciprocal of 6. The opposite reciprocal of 6 is – 1/6.

So, the right choices are a, c and g.

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Colin received a bonus check for 2,500. He is going to deposit the money into his bank account that receives 5.5% compounded annually. What is Colin’s account balance after 5 years? A. $2,637.50B. $6,327.50C. $3,267.40D. None of these choices

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The basis to respond this question are:

1) Perpedicular lines form a 90° angle between them.

2) The product of the slopes of two any perpendicular lines is – 1.

So, from that basic knowledge you can analyze each option:

a.Lines s and t have slopes that are opposite reciprocals.

TRUE. Tha comes the number 2 basic condition for the perpendicular lines.

slope_1 * slope_2 = – 1 => slope_1 = – 1 / slope_2, which is what opposite reciprocals means.

b.Lines s and t have the same slope.

FALSE. We have already stated the the slopes are opposite reciprocals.

c.The product of the slopes of s and t is equal to -1

TRUE: that is one of the basic statements that you need to know and handle.

d.The lines have the same steepness.

FALSE: the slope is a measure of steepness, so they have different steepness.

e.The lines have different y intercepts.

FALSE: the y intercepts may be equal or different. For example y = x + 2 and y = -x + 2 are perpendicular and both have the same y intercept, 2.

f.The lines never intersect.

FALSE: perpendicular lines always intersept (in a 90° angle).

g.The intersection of s and t forms right angle.

TRUE: right angle = 90°.

h.If the slope of s is 6, the slope of t is -6

FALSE. – 6 is not the opposite reciprocal of 6. The opposite reciprocal of 6 is – 1/6.

So, the right choices are a, c and g.

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Without the reassurance of a handwritten ink signature, there is no obvious way to verify the authorship. Alternatively, imagine that a bank receives an e-mail from a client, which instructs that all the client’s funds should be transferred to a private numbered bank account in the Cayman Islands. Once again, without a handwritten signature, how does the bank know that the e-mail is really from the client? The e-mail could have been written by a criminal attempting to divert the money to his own Cayman Islands bank account. In order to develop trust on the Internet, it is essential that there is some form of reliable digital signature. –The Code Book, Simon Singh Write three to five sentences evaluating the author’s argument. In your response, identify and evaluate the claim and whether the evidence supports the reason and the claim.

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Hey there!

Correct answer is D. Comma or Period Inside Rule

A. Question mark or exclamation point inside: those are not really necessary.

B. Colon or semicolon: not, a semicolon would divide the whole sentence and it would be shorten; a colon would work but after requested, when there is already a comma.

C. Question mark or Exclamation Point Outside Rule: would not work, becase it is an very polite and affirmative sentence.

D: A comma or period inside rule: actually, just a comma would work. Please, Cooper’s dad requested, go… Cooper’s dad requested must be in between commas as it is a vocative.

Hope this helps

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Andrew deposited $500 in a savings account that offers an interest rate of 6.5%, compounded continuously. Andrew's initial deposit will grow to $543 in ___ months.

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Andrew deposited $500 in a savings account that offers an interest rate of 6.5%, compounded continuously. Andrew’s initial deposit will grow to $543 in ___ months.

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Ceasar opens a bank account and makes an initial deposit of $800. The banker tells Ceasar that he is going to receive an annual rate of 10% on his investment. Find the bank balance assuming Tom leaves the account untouched for 8 years.

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Ceasar opens a bank account and makes an initial deposit of $800. The banker tells Ceasar that he is going to receive an annual rate of 10% on his investment. Find the bank balance assuming Tom leaves the account untouched for 8 years.

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