Enter search words or ask a question
View results
Hide Comments
The journal entry to record the purchase of equipment for a $100 cash down payment and a balance of $400 due in 30 days would include
Question
Not Answered
Updated 1 hour 58 minutes ago|7/7/2015 2:02:24 PM
1 Answer/Comment
The journal entry to record the purchase of equipment for a $100 cash down payment and a balance of $400 due in 30 days would include:
Debit equipment $500;
Credit cash $100;
Credit accounts payable $400.
Added 1 hour 58 minutes ago|7/7/2015 2:02:24 PM
This answer has been confirmed as correct, not copied, and helpful.
The amount of money that is required for an accused person to await their trial outside of a prison cell is called __________. If a person can’t make __________, they must await their trial in jail. A.bail B.release C.jail money D.cash pardon
Question
Not Answered
Updated 2 hours 5 minutes ago|7/7/2015 1:54:54 PM
1 Answer/Comment

The amount of money that is required for an accused person to await their trial outside of a prison cell is called BAIL . If a person can’t make BAIL, they must await their trial in jail.

Added 2 hours 5 minutes ago|7/7/2015 1:54:54 PM
This answer has been confirmed as correct, not copied, and helpful.
Banks may use excess reserves to purchase federal securities, which are secure but cannot be quickly converted to cash.
Weegy: Banks may use excess reserves to purchase federal securities, which are secure but cannot be quickly converted to cash. FALSE. (More)
Question
Updated 2 hours 53 minutes ago|7/7/2015 1:07:22 PM
0 Answers/Comments
All insurance is based on a principle called A. premium earnings. B. division of risk. C. investment premiums. D. cash value coverage.
Question
Not Answered
Updated 11 hours 38 minutes ago|7/7/2015 4:22:14 AM
1 Answer/Comment
All insurance is based on a principle called: division of risk.
Added 11 hours 38 minutes ago|7/7/2015 4:22:14 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by jeifunk [7/7/2015 4:30:57 AM]
All insurance is based on a principle called A. premium earnings. B. division of risk. C. investment premiums. D. cash value coverage.
Question
Not Answered
Updated 20 hours 42 minutes ago|7/6/2015 7:17:44 PM
1 Answer/Comment
All insurance is based on a principle called: division of risk.
Added 20 hours 42 minutes ago|7/6/2015 7:17:44 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by Andrew. [7/6/2015 9:49:55 PM]
Which of the following best describes term life insurance? A. The insured pays a premium for a specified number of years. B. The insured can borrow or collect the cash value of the policy. C. The insured is covered during his or her entire lifetime. D. The insured pays the premium until his or her death.
Question
Not Answered
Updated 20 hours 56 minutes ago|7/6/2015 7:04:09 PM
1 Answer/Comment
Life insurance is the insured pays the premium until his or her death.
Added 20 hours 56 minutes ago|7/6/2015 7:04:09 PM
This answer has been confirmed as correct, not copied, and helpful.
Rated good by yumdrea, Confirmed by yumdrea [7/6/2015 11:14:14 PM]
What is cash transfer?
Weegy: Cash transfers are direct transfer payments of money to eligible people. (More)
Question
Updated 1 day ago|7/6/2015 3:09:33 PM
0 Answers/Comments
Healthcare costs will rise in the future because __________. A. a large group of people will become senior citizens B. healthcare providers will charge more for certain types of patients C. all medicine will become generic and easily accessible D. doctors will refuse to see patients who can't pay in cash
Weegy: Healthcare costs will rise in the future because healthcare providers will charge more for certain types of patients. User: Those who are ill should see a specialist before visiting their primary care physician. Weegy: Those who are ill should see a specialist before visiting their primary care physician. FALSE. (More)
Question|Asked by lynette_silva24
Not Answered
Updated 1 day ago|7/6/2015 1:31:53 PM
0 Answers/Comments
Liabilities are a. reserves a bank must set aside. c. cash a bank can use for making loans. b. debts and obligations. d. the same as net worth.
Question
Not Answered
Updated 1 day ago|7/6/2015 1:23:32 PM
1 Answer/Comment
Liabilities are: debts and obligations.
Added 1 day ago|7/6/2015 1:23:32 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by yumdrea [7/6/2015 1:28:18 PM]
Service revenue received in cash is entered by (Points : 1) debiting Cash and crediting Service Revenue. debiting Service Revenue and crediting Cash. debiting Cash and crediting Accounts Payable. debiting Accounts Payable and crediting Cash.
Weegy: Service revenue received in cash is entered by: Debiting cash and crediting service revenue. User: The process of copying the debits and credits from the journal to the ledger accounts is known as journalizing. (Points : 1) True False (More)
Question
Not Answered
Updated 1 day ago|7/6/2015 10:40:00 AM
1 Answer/Comment
The process of copying the debits and credits from the journal to the ledger accounts is known as journalizing. FALSE. It is called posting.
Added 1 day ago|7/6/2015 10:40:00 AM
This answer has been confirmed as correct, not copied, and helpful.
A record used to keep the amount owed to each supplier is called a(n) (Points : 1) accounts receivable ledger. accounts payable ledger. transportation ledger. general ledger for accounts payable.
Weegy: A record used to keep the amount owed to each supplier is called an "accounts payable ledger". User: A purchase was made for $200 on account with credit terms of 2/10, n/30. The purchase was recorded using the net-price method. If payment is made 25 days later, the entry to record the payment will be to (Points : 1) debit Accounts Payable for $200 and credit Cash for $200. debit Accounts Payable for $204, credit Purchases Discounts Lost for $4, and credit Cash for $200. debit Accounts Payable for $196, debit Purchases Discounts Lost for $4, and credit Cash for $200. debit Purchases for $196, debit Purchases Discounts Lost for $4, and credit Cash for $200. (More)
Question
Not Answered
Updated 1 day ago|7/6/2015 10:38:14 AM
0 Answers/Comments
After posting is completed in the accounts receivable ledger and the general ledger, the total of the accounts receivable ledger balances should equal the (Points : 1) accounts payable account balance. accounts receivable account balance. cash account balance. net income amount.
Weegy: A subsidiary accounts receivable ledger - or account - is basically a list of clients who are in debt to your company. User: The account that would be credited for the amount of tax collected and paid on sales would be (Points : 1) Sales. Sales Tax Payable. Cash. Accounts Payable (More)
Question
Not Answered
Updated 1 day ago|7/6/2015 10:36:25 AM
2 Answers/Comments
After posting is completed in the accounts receivable ledger and the general ledger, the total of the accounts receivable ledger balances should equal the accounts receivable account balance.
Added 1 day ago|7/6/2015 10:35:31 AM
This answer has been confirmed as correct, not copied, and helpful.
The account that would be credited for the amount of tax collected and paid on sales would be Cash.
Added 1 day ago|7/6/2015 10:36:25 AM
This answer has been confirmed as correct, not copied, and helpful.
Which of the following is NOT an example of a liquid asset? a. cash c. a certificate of deposit b. travelers’ checks d. a checking account
Question
Not Answered
Updated 1 day ago|7/6/2015 9:16:23 AM
2 Answers/Comments
A certificate of deposit is NOT an example of a liquid asset.
Added 1 day ago|7/6/2015 8:30:00 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by debnjerry [7/6/2015 9:16:06 AM]
Your source link is not working.
Added 1 day ago|7/6/2015 9:16:23 AM
Source documents provide objective, verifiable evidence of business transactions. (Points : 1) True False
Weegy: Source documents provide objective, verifiable evidence of business transactions. TRUE. User: Purchase invoices received from suppliers provide information about cash payments. (Points : 1) True False (More)
Question
Not Answered
Updated 1 day ago|7/6/2015 7:29:53 AM
1 Answer/Comment
Purchase invoices received from suppliers provide information about cash payments. False .
Added 1 day ago|7/6/2015 12:15:28 AM
A high accounts receivable turnover ratio could mean that the company's credit policies may be too stringent.
Weegy: A high accounts receivable turnover ratio could mean that the company's credit policies may be too stringent. FALSE. User: The key to the classification of an amount as cash is that it be available to pay debts within a three-month period of time. (More)
Question|Asked by roypbryant
Not Answered
Updated 1 day ago|7/6/2015 6:58:15 AM
0 Answers/Comments
cash crop
Question
Not Answered
Updated 1 day ago|7/6/2015 4:37:17 AM
1 Answer/Comment
Cash crop is a readily salable crop (as cotton or tobacco) produced or gathered primarily for market.
Added 1 day ago|7/6/2015 4:37:17 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by selymi [7/6/2015 4:40:01 AM]
If you sell an item on credit, what four accounts are affected? a.accounts payable,cash, inventory, and cost of sales b.accounts payable, sales, inventory, and cost of sales c.accounts receivable, sales, inventory, and cost of sales d.accounts receivable, cash, inventory, and cost of sales
Question|Asked by AiYe12
Not Answered
Updated 1 day ago|7/6/2015 3:11:28 AM
2 Answers/Comments
If you sell an item on credit, accounts receivable, sales, inventory, and cost of sales are affected.

On selling an item on credit you have a debtor for you from whom you have to receive money so that will be accounts receivable and as its a credit transaction cash will not be affected.
Added 1 day ago|7/6/2015 2:58:48 AM
Please add a source to confirm your answer.
Added 1 day ago|7/6/2015 3:11:28 AM
Incurring an expense before cash is paid is an example of what kind of adjustment? a.Accrued Liability b.Deferred Expense c.Accrued Asset d.Deferred Revenue
Question|Asked by AiYe12
Not Answered
Updated 1 day ago|7/6/2015 3:02:07 AM
1 Answer/Comment
Incurring an expense before cash is paid is an example of Accrued Liability.
Added 1 day ago|7/6/2015 3:02:07 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by jeifunk [7/6/2015 3:11:45 AM], Rated good by jeifunk
The amount of one's retirement account value depends directly on the success of investments in the retirement fund if your retirement account is a ____ retirement plan. (Points : 1) defined-benefit defined-contribution cash-balance vested
Question
Not Answered
Updated 1 day ago|7/6/2015 12:28:06 AM
1 Answer/Comment
The amount of one's retirement account value depends directly on the success of investments in the retirement fund if your retirement account is a defined-contribution retirement plan.

Added 1 day ago|7/6/2015 12:28:06 AM
Purchase invoices received from suppliers provide information about cash payments. (Points : 1) True False
Question
Not Answered
Updated 1 day ago|7/5/2015 11:36:22 PM
1 Answer/Comment
Purchase invoices received from suppliers provide information about cash payments. TRUE.
Added 1 day ago|7/5/2015 11:36:22 PM
This answer has been confirmed as correct, not copied, and helpful.
21,581,901 questions answered

Who is Weegy? Ask a question. Get an instant answer from an advanced knowledge engine and us (a team of really smart live experts). Free forever.

*The image of Weegy is a photo mosaic of 5,000+ experts. View and download.

Popular Conversations
Select the correct pronoun. (The teachers) _____ will work with the ...
Weegy: An object pronoun is used as an object of a verb in a sentence. User: Select the correct pronoun. _____ are ...
7/7/2015 7:03:39 AM| 5 Answers
Solve 7x 6
Weegy: 7x + 1 User: 7 + 32 (-5 + 1) ÷ 2 User: 2(4x + 3) User: 4x + y - 2 = 0 User: What is the equation of the line, ...
7/6/2015 6:03:14 AM| 4 Answers
Ralph is 3 times as old as Sara. In 6 years, Ralph will be only twice ...
Weegy: The answer is 3x + 6 User: What is the slope of the line that is perpendicular to the line whose equation is ...
7/6/2015 7:23:07 AM| 4 Answers
2^-3
Weegy: (5)-3 is 2. User: Find the area of a regular octagon with apothem K and side of 10. Weegy: The area of a ...
7/6/2015 9:41:46 AM| 4 Answers
The ice cream shop has 80 different possible sundaes which include 1 ...
Weegy: 400 flavors. User: The first side of a triangle measures 4 in. less than the second side, the third side is 3 ...
7/6/2015 11:11:49 AM| 4 Answers
Which of the following is the general form of the equation 5x2 - ...
Weegy: The general form of the equation 5x^2 - 20x = 15 is x^2 - 4x - 3 = 0. User: Give the values of a, b, and c ...
7/6/2015 2:28:23 PM| 4 Answers
The Medical Unit is responsible for the development of the Medical ...
Weegy: The Medical Unit is responsible for the development of the Medical Plan, obtaining medical aid, and ...
7/6/2015 9:09:47 PM| 4 Answers
Integers are _____ rational numbers. always sometimes never
Weegy: A rational number is SOMETIMES an integer. User: Simplify -|-7 + 4|. -11 -3 3 11 User: Simplify 7t · s · ...
7/6/2015 11:07:01 AM| 3 Answers
Who was the leader of Iraq in 2003?
7/7/2015 1:38:07 AM| 3 Answers
Weegy Stuff
S
1
Points 189 [Total 700]| Ratings 0| Comments 189| Invitations 0|Offline
S
1
L
P
1
1
Points 169 [Total 1575]| Ratings 1| Comments 159| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
P
Points 69 [Total 9598]| Ratings 1| Comments 59| Invitations 0|Offline
S
1
L
L
Points 26 [Total 8406]| Ratings 0| Comments 26| Invitations 0|Offline
S
R
Points 8 [Total 210]| Ratings 0| Comments 8| Invitations 0|Offline
S
Points 4 [Total 4]| Ratings 0| Comments 4| Invitations 0|Offline
S
L
P
P
Points 4 [Total 3563]| Ratings 0| Comments 4| Invitations 0|Offline
S
Points 4 [Total 4]| Ratings 0| Comments 4| Invitations 0|Offline
S
Points 1 [Total 1]| Ratings 0| Comments 1| Invitations 0|Offline
S
Points 1 [Total 1]| Ratings 0| Comments 1| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.