In budgeting their income, a young couple allows 1 / 6 for rent, ½ for food, and the rest for clothing. What
fractional
part do they provide for clothing?
a. 2 / 5 b. 1 / 3 c. 5 / 6 d. 3 / 5
Basic transaction processing . On November 1 of the current year, Richard Parkerestablished a sole proprietorship. The following transactions occurred during the month:
1: Parker invested $19,000 into the business.2: Paid $9,000 to acquire a used minivan.3: Purchased $1,800 of office furniture on account.4: Performed $2,100 of consulting
services
on account.5: Paid $300 of repair expenses.6: Received $800 from clients who were previously billed in item 4.7: Paid $500 on account to the supplier of office furniture in item 3.8: Received a $150 electric bill, to be paid next month.9: Parker withdrew $600 from the business.10: Received $250 in cash from clients for consulting services rendered.
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