Your client gets a bill from a French vendor for 100 euros on March 1 at an exchange rate of 1.2 dollars to the euro and pays on April 1 at an exchange rate of 1.3 dollars to the euro. What would you see in the Transaction Journal for the bill payment?

Answers

Answer 1

Answer:

The Transaction that to be entered in the Account would be:

Account payable A/c Dr.    130$

     To Bank A/c                              130$

Also,

Profit and Loss A/c Dr.            10$

  To Foreign Exchange Fluctuation loss A/c  10$

Step-by-step explanation:

client received a bill as per question mentioned of 100 Euros on March 1 when the exchange rate is 1 Euro = 1.20 $,

Accordingly the price liable to be paid as on date 1 March is

100 Euro × 1.20= 120 $ .

Further, the client is agreed to pay the amount on the April 1 when the exchange rate stands out at 1.30 $, that specifies that the client now has to pay the extra price due to the exchange rate fluctuation i.e.

(1.30 - 1.20)$ = 0.10$ to the French vendor.

Therefore , the Transaction that to be entered in the Account would be:

Account payable A/c Dr.    130$

     To Bank A/c                              130$

Also,

Profit and Loss A/c Dr.            10$

  To Foreign Exchange Fluctuation loss A/c  10$


Related Questions

What is the length and midpoint segment of AD? ​

Answers

Answer:

length 7 and midpoint 3.5

Step-by-step explanation:

length: -7-0=-7 but length is never a negative so its 7

midpoint: 7/2= 3.5

Joanne has a scale drawing of her backyard that includes a garden bed that measures 16 inches long and 25 inches wide. What is the area of the actual garden bed? Scale 4in.:5ft

Answers

Answer:

400

Step-by-step explanation:

16 x 25 = 400

~ LadyBrain

You are buying a Lego set. Target has it listed for $34.99 which is 70% of the original price. What is the original cost of the Lego set? You are buying a Lego set. Target has it listed for $34.99 which is 70% of the original price. What is the original cost of the Lego set?

Answers

Answer:

Original price = $49.98

Step-by-step explanation:

Target has it listed for $34.99 which is 70% of the original price.

Let the original price be x.

ATQ,

[tex]70\%\ of\ x=34.99\\\\x=\dfrac{34.99\times 100}{70}\\\\x=\$49.98[/tex]

So, the original price of the Lego set is $49.98.

convert 76.1% to a decimal
Answered ASAP​

Answers

Answer:

0.761

Step-by-step explanation:

You must divide the answer by 200 as you are obtaining the decimal value from a value over 100.

x^2 + 4x – 7 = 0
Pls n thx

Answers

Answer:

x = - 2 ± [tex]\sqrt{11}[/tex]

Step-by-step explanation:

To solve the equation using the method of completing the square.

Given

x² + 4x - 7 = 0 ( add 7 to both sides )

x² + 4x = 7

add ( half the coefficient of the x- term )² to both sides

x² + 2(2) x + 4 = 7 + 4

(x + 2)² = 11 ( take the square root of both sides )

x + 2 = ± [tex]\sqrt{11}[/tex] ( subtract 2 from both sides )

x = - 2 ± [tex]\sqrt{11}[/tex] ← exact solution

Find the product. Enter the product in simplest form. 7/8 x 7=

Answers

Answer:

7/8 x 7 = 49/8 then

Step-by-step explanation:

if u cant simplify(which u cant)

then u turn it into a mixed number which is

8 can go into 49 like 6 times  so 6 is ur outside number

then 8 is ur denominator and 8x6=48 + 1 = 9

48 so answer is

6 1/8

Mario is a landscape architect who needs to buy 17 shrubs for a foundation planting. Azalea plants cost $20 each, rhododendrons cost $25 each. If he spent exactly $400, how many of each shrub did he buy?

Answers

Answer:

he bought 45 shrubs. Let me know if this worked for you.

Step-by-step explanation:

1) Calculate the quotient 2166 / 38

Answers

Answer:

57

Step-by-step explanation:

2166/38=57

Answer: 57

Step-by-step explanation:2188 divided by 38 =57

Help me pleas please can i get help

Answers

Answer:

I can't see the question

Step-by-step explanation:

i can’t see it either it’s blurry

Which sequence can be described by an equation for a linear function?
3,5,7,9,11...
2,4,8,16,32
0,1,4,9,16
1,1,2,3,5

Answers

Answer:

2,4,8,16,32

this should do

-6x - y =23
y = 4x + 7

Answers

Answer:

x = -28/39, y = 7/39

Step-by-step explanation:

Graph both and find the corresponding points.

There are 7 purple marbles, 12 orange marbles, 3 pink marbles, and 6 gray pens in a bag. You randomly choose one. Find each probability as a FRACTION in SIMPLEST FORM.

Answers

Purple- 4/7
Orange- 3/7
Pink- 3/28
Pens- 3/14

22
Clara has five cards.
There is a number on each card.
Two of the numbers are hidden.
(2 points)
The mode of the five numbers is 3. The mean of the five numbers is 5
Work out the two numbers that are hidden
3
?
8
5
?


Answers

Answer:

13 and 7

Step-by-step explanation:

help eeeeeeeeeeeeeeeeeeeee

Answers

3.9
Hope that helps
You can use the app math.way also

Answer:

52

Step-by-step explanation:

The answer is 52......

Help answer fast if you ion mind ty

Answers

I think the is A if not then choose C

If MP=6x-5,QR=3x+1, and RN=6, what is QN

Answers

Answer:

12

Step-by-step explanation:

12

Which of the following rational functions is graphed below?

Answers

Answer:

d

Step-by-step explanation:

trust me

graph y= 2/3x-4

How do I graph this?

Answers

Answer:

Read below !!

Step-by-step explanation:

Since you are already given the full equation, you would just follow the steps of plotting a line! I start usually by plotting the y-intercept, which is always on the y-axis. In this case, that would be -4 ! You mark -4 on the line, and from there, you would use RISE/RUN to find out the slope of the line. Since it's 2/3, you would rise 2, and go to the right 3, all from the point -4. You should do that about two times in order to get your line !!

I hope this helps !!

plsssss help if u can 6th-grade math plss

Answers

Step-by-step explanation:

Q1. diameter =90yd radius=45

circumference of circle=2×pi×radius

"" =2×3.14×45

=282.6 yd

Q2 diameter =18m radius=9

area of circle=pi×(radius)

""" =3.14×9²

""" =254.34m²

Here is an inequality: -3x >18.
a. List 3 values for x that would make this
inequality true.
b. How are the solutions to the inequality -3x
>18 different from the solutions to -3x >18?
Explain your reasoning

Answers

Answer:

a. -7, -8, -10

b. In -3x≥18, the solution set includes -6 (which gives -18) because -18 is equal to -18, which is allowed. In -3x>18, -6 is not allowed since -18 cannot equal -18.

Answer:

OMG UVA BUDDY!!

Step-by-step explanation:

Which part is shaded?

Answers

Answer:

B) 1/3

Step-by-step explanation:

2/6 is shaded which is equivilent divide the demoninator and numerator to get 1/3

the total number of seagulls standing on the pier and the 51 gulls in the air

Answers

5/1(6) is your answer

There are 10 blue marbles, 4 red marbles and 8 yellow marbles in a bag. John draws three marbles without replacement. What is the probability the first two marbles are yellow and the third is red?

Answers

Answer:

3/12

Step-by-step explanation:

There are 22 marbles in all so the probability would be

3/22 but we are looking at specific colors so add the red and yellow marbles together and you should get 3/12

Light travels at a speed of 1.8 x 10^7 miles per second. Pluto's average distance from the sun is 3,600,000,000 miles. on average how long does it take sunlight to reach Pluto?

Answers

Answer:

5 hours 8 mins?

Step-by-step explanation:

Can you help??????????????????

Answers

Answer:

Step-by-step explanation:

What is the measurement of this angle?

__°​

Answers

Answer: It is a 40 degree angle

It’s 140 degree angle

Use the slope formula to find the slope between the given two points. (2, 1) and (8, 9)

Answers

Answer:

if the two points are known. 4/3 or 1.333

The equation [tex]x^3-x^2+ax+b=0[/tex] has three integer solutions.

Two of these solutions are [tex]x=1[/tex] and [tex]x=2[/tex].

Work out the third solution to the equation.

Answers

Answer:

x = - 2

Step-by-step explanation:

x³-x²+ax+b = (x-1)(x-2)(x+c) = x³ + (c-3)x² + (2-3c)x +2c

c-3 = -1       C = 2

a = 2 - 3c = 2 - 3*2 = - 4

b = 2c = 4

third solution: x+2=0    x=-2

Jan has three dimes In her pocket and nothing else. she takes one coin out of her pocket. what is the probability that the coin Jan takes out is a dime ?​

Answers

She only has dimes do 100% or 3/3

The probability that the coin Jan takes out is a dime would be 100% or 3/3

What is the probability?

Probability refers to a possibility that deals with the occurrence of random events.

The probability of all the events occurring need to be 1.

P(E) = Number of favorable outcomes / total number of outcomes

We are given that Jan has three dimes In her pocket and nothing else. she takes one coin out of her pocket.

Picking with replacement, twice from 3 dimes.

Probability of picking a dime each time = 3/3

Which is 100 percent because there is nothing els.

Learn more about probability here;

https://brainly.com/question/9326835

#SPJ2

find 18.2% of £25,000

Answers

Answer:

4550 £

Step-by-step explanation:

Other Questions
Four of our eight planets are gas giants.The rest are made of rock. What fractionof our planets are gas giants? Which of the following directly contributed to the end of the Western Roman Empire?Answers:1: the capital moved to Constantinople 2: Gaul tried to gain independence 3: Vandals invaded from the south 4: Marcus Aurelius died Why am i tall?I nee to know. can someone please help me this is due soon Why do you think FDR chose to mention each attack in a separate sentence? 20x-3y = 4 and 3x -y = -5 Who do price floors try to protect? 2. Solve the equation.x - 5(x - 1) = x - (2x - 3) 4.) What is the better buy?:$5 for 8 pensOR$32.50 for 50pens?Show your work. A deck of cards is shuffled and then divided into two halves of 26 cards each. A card is drawn from one of the halves; it turns out to be an ace. The ace is then placed in the second half-deck. The half is then shuffled, and a card is drawn from it. Compute the probability that this drawn card is an ace. Hint: Condition on whether or not the interchanged card is selected. Claire: Sabine, tu aimes marcher? Sabine: Non, parce qu' ________.A. on peut tre en contact avec la natureB. on ne peut faire que de courtes distances C. c'est bon pour la sant D. j'conomise de l'argent complete the multiplication equation. (4) ( ) =-12 Help me please i'm bad at math Owner, Andy Pforzheimer, talks to his staff about their technical skills. He likely expects the Executive Chef, in particular, to excel at which technicalskills? Check all that apply. PLEASE HURRY !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! WILL GIVE BRAINLIESTWhat type of rock is limestone? Describe how a limestone rock is likely to change over a long period of time. The term aboriginals title refers to Question-1Describe how the poverty line is estimated in India. difference between input work and output work with table Given a quadratic equation px^2 + 8x + 2 does not have real roots. Determine the range of the values of p.[4 marks] Gun on my hipOne in the head, ten in the clipBaby, baby don't tripJust lower your tone, 'cause you could get hit