a. Issued common stock for cash 2,000
b. Paid cash for three month's rent: December 2019, January and February 2020 2,400
c. Purchased a used truck on credit (recorded as an account payable) 13,000
d. Purchased supplies on credit. These are expected to be used during the month (recorded as expense) 1,600
e. Paid for a one-year truck insurance policy, effective December 1 2,280
f. Billed a customer for work completed to date 6,000
g. Collected cash for work completed to date 4,000
h. Paid the following expenses in cash: Advertising 700 Interest 700 Telephone 800 Truck operating 600 Wages 5,000 i. Collected part of the amount billed in f above 1,000
j. Billed customers for work completed to date 7,000
k. Signed a contract for work to be performed in January 2020 9000 5,000
l. Paid the following expenses in cash: Advertising 600 Interest 600 Truck operating 900 Wages 2,000
m. Collected an advance on work to be done in January (the policy of the coproration is to record such advances as revenue at the the time they are received) 2,000
n. Received a bill for electricity used during the month (recorded as utilities expense) 800 December Adjusting Entries Amount
o. One month of the prepaid insurance has expired. $170
p. The December portion of the rent paid on December 1 has expired. $900
q. Counted supplies and found this amount still on hand (recorded the amount used as an expense) $100
r. The amount collected in transaction m is unearned at December 31. $2,000
s. Three days of wages for December 29, 30, and 31 are unpaid. These will be paid in January. $2,900
t. One month of depreciation needs to be recorded. Estimated useful life of truck in years is: 361.1111111 3
u. Income taxes expense to be paid in the next fiscal year. $100 7
Prepare closing entries and a post-closing trial balance at December 31, 2019.

If She recently received new inventory of some expensive merchandise that she wants to display in her store. Where Shelly should place this inventory so that customers can easily see the designs is: Eye level.

Inventory can be defined as the goods or product a company or an organization has in their warehouse.

Based on the scenario eye level will  be the best choice  to place her inventory as this will enables potentials  customer to easily see the design of the different design she has in her store . By doing this it will attract customers  to her shop.

Therefore If She recently received new inventory of some expensive merchandise that she wants to display in her store. Where Shelly should place this inventory so that customers can easily see the designs is: Eye level.

The missing options are:

A in a tall compartment

B.near the cash register

C on a zigzag stand

D at eye level

E at top of a pyramid structure

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Answer:

A. A balance sheet shows the total assets, liabilities, and owner's

equity at the end of the period

Explanation:

As we know that

The income statement recognized only the income earned and expenses incurred of an organization

While on the other hand the balance sheet shows the financial position, profitability of the company. It involves assets, liabilities and stockholder equity

So according to the given options, the option A is correct

hence, the rest of the options would be incorrect

Answer:

A. A balance sheet shows the total assets, liabilities, and owner's

equity at the end of the period

Explanation:

a p exz

Answer:

Gross National Output

Explanation:

This is a leading economic indicator because it tell us the well-being and health of the overall economy. A low gross national output also means that unemployment rate may be high because resources are not fully utilized--be it structural unemployment or total unemployment. Monthly retail sales also feeds into Gross National Output.

Answer:

1 week

Explanation:

because you didn't know if the employer has seen the mail or not

dust underneath a storage shelf

Statement that doesn't gives indication of pest infestation as regards this question is A: Dust underneath a storage shelf.

Therefore, option A is correct.

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Credit card bill from ABC credit have listed a number of expenses made, these needs to be posted according to the relevant accounting heads.

Accounting is the calculation of cash, in other terms it is the study of debit and credit. The accounting teaches the treatment of different transactions, the transactions are divided in different heads, asset, expense, income, liability and capital.

T Accounts should be made as follows.

Assets

DR $1500 Computers

DR $650 Furniture

DR $334 Van Payment

Expenses

DR $420 Office Supplies

DR $250 Electric Company

DR $100 Water

DR $250 Office Supplies

Petty Expenses

DR $150 Steak House

DR $100 Fuel Stop

The expenses are distributed among the heads that they are relevant to, petty expenses only contains the payment for expenses that are immaterial in nature and amount, Asset account have the payments made for assets.

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The 4p's of Marketing are mentioned here. The product, price, place, and promotion.

1) When first creating an IMC campaign, firms should avoid focusing on the long term. False: Firms need to understand the outcome they hope to achieve, including both short- and long-term goals.

2) From the marketing mix, getting the product to a point at which the customer can purchase it (delivering) includes the Place concept.

3) The firms have begun to rely more heavily on communicating with their customers through their websites.

4) The step that marketers should follow when using the objective-and-task method to determine a budget is to Identify the cost of the necessary communications.

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Answer: What is one approved way to preset utensils? Wrap them in a napkin. -Preset indoors only. -Remove them at the end of the day. - Use only clear plastic utensils.

Explanation:

Food utensils and equipment that has been cleaned and sterilized must be kept above the floor in a spot that is clean and dry to prevent splash, dust, and other contaminants from contaminating them.

The manner in which kitchen items and equipment are stored is just as crucial as the selling time. Equipment breakage and a shortened lifespan are consequences of improper storage.

The kitchen crew should receive sufficient instruction on how to store various pieces of equipment and culinary utensils. The surfaces of fixed equipment that come into touch with food must be kept clean.

Therefore, give them a napkin wrap. — Preset only indoors. — At the end of the day, take them down. — Use only items made of clear plastic.

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E-commerce businesses and other sales-related organizations use the concept of customer acquisition costs to measure the expenses involved in persuading a potential consumer to buy a service or good.

A client is sometimes considered to be someone who purchases a good, business, or product. Customers are more clearly defined as individuals or organizations that are presently purchasing, have recently purchased, or may be considering purchasing a services or goods from another person or business.

Excellent Clients Aspire to Self-Sufficiency To suit their demands, they must be able to customize and alter it instantly. These are the folks who find a great deal of joy in figuring out the solution on their own and view asking for assistance from others as a sign of personal failure.

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You can withdraw money from an ATM using your Debit card. A card that can electronically transfer money from a bank account at the time of purchase. So, the correct option is A.

A debit card is a payment card that withdraws money directly from a consumer's checking account when used. Also known as a "bank card" or "debit card", it can be used to purchase goods and services. Alternatively, you can receive cash from an ATM or merchant that allows you to add extra money to your purchase.

In a sense, a debit card functions as a cross between an ATM card and a credit card. Like the former, it can be used to withdraw cash from his ATM at the bank. Or you can shop like the latter. In fact, many financial institutions are replacing simple proprietary ATM cards with debit cards issued by major card payment processors such as Visa and Mastercard. Such debit cards are automatically provided to your checking account.  

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The complete question is as follows:

Fill in the correct term to complete the statement.

You can withdraw money from an ATM using your _____.

A. Debit card

B. Credit card

C. Deposit card

Answer:

$46k–84kper year

Explanation:

Answer:

Which city, though?

Explanation:

Highest Paying Cities for Entry Level Librarian Jobs.

City Richmond, CA

Annual Salary $46,419

Monthly Pay $3,868

Weekly Pay $893

Hourly Wage $22.32

The form of departmentization praticed by Kohber is departmentization by function.

Departmentization is when a company is divided into various departments based on certain criteria. When a company is departmentized based on function, it means that the company's department are created based on the functions it serves.

For example, there would be the marketing department, packaging department and production department.

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The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.

Total Cost = Quantity * Cost per pound

Total Cost = 1,000 pounds * $0.11/pound

Total Cost = $110

Spoilage Quantity = 3% of Quantity

Spoilage Quantity = 3% of 1,000 pounds

Spoilage Quantity = 0.03 * 1,000 pounds

Spoilage Quantity = 30 pounds

Effective Quantity = Quantity - Spoilage Quantity

Effective Quantity = 1,000 pounds - 30 pounds

Effective Quantity = 970 pounds

Makeup Rate = 180%

Selling Price per pound:

= (Total Cost * Makeup Rate) / Effective Quantity

= ($110 * 1.80) / 970 pounds

= $2.03505/pound.

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(a) Record acquisition of shares: Investment in YY Ltd. Dr. Br 540,000, Cash Cr. Br 540,000.

(a) Record revenue and dividends: Dividend Receivable Dr. Br 45,000, Revenue from Investment in YY Ltd. Cr. Br 45,000; Investment in YY Ltd. Dr. Br 81,000, Revenue from Investment in YY Ltd. Cr. Br 81,000.

(a) To record the acquisition of shares by SS Ltd. on January 1, 2022:

Investment in YY Ltd. (30% of 100,000 shares * Br 18) Dr. Br 540,000

Cash Cr. Br 540,000

This journal entry records the purchase of 30% of YY Ltd.'s outstanding shares for a total cost of Br 540,000.

(b) To record revenue and dividends for the year:

On May 15, YY Ltd. declared and paid a cash dividend of Br 150,000. This dividend represents the portion of the company's earnings that will be distributed to its shareholders.

Dividend Receivable Dr. Br 45,000 (30% of Br 150,000)

Revenue from Investment in YY Ltd. Cr. Br 45,000

This entry recognizes the dividend revenue earned by SS Ltd. from its investment in YY Ltd.

On December 31, YY Ltd. reported net income of Br 270,000 for the year. As SS Ltd. has significant influence over YY Ltd., it needs to adjust its investment account for its share of the net income.

Investment in YY Ltd. Dr. Br 81,000 (30% of Br 270,000)

Revenue from Investment in YY Ltd. Cr. Br 81,000

This entry records the revenue earned by SS Ltd. from its share of YY Ltd.'s net income.

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The functions of government are crucial for the proper functioning and development of a country. These functions can vary depending on the type of government system in place, but there are several key functions that are commonly considered necessary for a country's stability and progress.

1. Legislation and Governance: One of the primary functions of government is to create and enforce laws that maintain order, protect individual rights, and promote the welfare of the citizens. Governments establish institutions and frameworks for governance, ensuring the rule of law and providing a system of justice.

2. Defense and Security: Governments are responsible for safeguarding the country and its citizens from external threats. This involves maintaining armed forces, intelligence agencies, and diplomatic relations to protect national security interests.

3. Economic Management: Governments play a crucial role in managing and regulating the economy. They establish fiscal and monetary policies, oversee financial institutions, promote trade, and create an environment that supports economic growth and stability. Government intervention is often necessary to address market failures, promote fair competition, and protect consumers.

4. Social Welfare: Governments have a responsibility to ensure the well-being and social welfare of their citizens. This includes providing basic services such as healthcare, education, social security, and infrastructure development. Governments also implement social policies to address poverty, inequality, and promote equal opportunities.

5. Public Services: Governments are responsible for delivering essential public services, such as transportation, utilities, public safety, and environmental protection. These services are necessary for the functioning of society and improving the quality of life for citizens.

6. Diplomacy and International Relations: Governments engage in diplomatic activities and maintain relationships with other nations. They negotiate treaties, participate in international organizations, and represent the country's interests abroad. Governments also address global challenges, such as climate change and human rights, through international cooperation.

7. Public Communication and Information: Governments have a role in providing transparent and accurate information to the public. They engage in public communication, disseminate information, and promote citizen engagement and participation in the decision-making process.

These functions of government are essential for maintaining social order, promoting economic growth, protecting citizens' rights, and ensuring the overall well-being of a country. Effective governance requires a balance between these functions, adaptability to changing circumstances, and responsiveness to the needs and aspirations of the citizens.

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The calculation for percentage change of personal income is A. 4.29%. that is, the real raise of salary in percentage is 4.29%.

The overall rise in prices of goods and services over time in an economy is referred to as inflation. When inflation occurs, people may purchase fewer products and services with the same amount of money because the purchasing power of a unit of currency declines.

James's initial income of $42,000 must be adjusted for inflation before being compared to his current compensation of $43,800 in order to determine his actual raise. The inflation rate was 2.8%.

Raise in salary = 43800 - 42000 = $1800

Therefore, real raise of salary in percentage is:

= Raise in salary/ initial salary x 100%

= 1800/42000 x 100%

= 4.285% = 4.29%

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Answer:

AND SHE SAID , SHE SAID , SHE SAID SHE'S FROM HAWAII, DO YOU KNOW HOW TO SPEAK CUTE IN JAPAN? KAWAII!

The product(s) that are most likely to be manufactured as a job, rather than as a job lot are:

Hence, the correct answers are as stated above. Read below about Job lot.

Job lot is a miscellaneous collection or mass production of goods for sale as a lot usually to a retailer. Job lot is also refered to as bulky production of goods for sale.

Therefore, the correct answer is as given above

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Answer:

Segmentation is to divide something into separate parts or sections

The journal and adjusting entries for the investment in Sonny, Inc. for Year 1 are given.

Journal Entries

Date Account Debit Credit

June 15 Investment in Sonny, Inc. $7,500 Cash $7,500

September 15 Cash $200 Dividend Revenue $200

December 31 Investment in Sonny, Inc. $2,500 Unrealized Gain on Investments $2,500

Adjusting Entries

Date Account Debit Credit

December 31 Investment in Sonny, Inc. $1,500 Income Tax Expense $1,500

To record the unrealized gain on investments as a temporary difference.

T-Accounts

Cash

Date Debit Credit Balance

1/1 $100,000

6/15 $7,500 $107,500

9/15 $200 $107,300

12/31 $1,500 $105,800

Investment in Sonny, Inc.

Date Debit Credit Balance

6/15 $7,500 $7,500

9/15 $0 $7,500

12/31 $2,500 $10,000

Unrealized Gain on Investments

Date Debit Credit Balance

12/31 $2,500 $2,500

Income Tax Expense

Date Debit Credit Balance

12/31 $1,500 $1,500

Year 2

February 17 Cash $11,500 Loss on Sale of Investments $500 Investment in Sonny, Inc. $12,000

To record the sale of the investment in Sonny, Inc.

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Williams should repair the machine because the total cash flow in repair is less than replacement.

The overall expense incurred by employers to employ workers is represented by labor costs.

Williams Auto has a machine that installs tires. The machine is now in need of repair but it will last only two years. The labor cost of operating the machine is $0.70 per tire. Instead of repairing the old machine.

1. Total cost of Repair = Repair cost + Operating cost

= $1,700+10,700*$0.70

= $1,700 + $7,490

= $9,1902.

2. Total cost to replace = Repair cost + Operating cost

= $5,700+10,700*$0.5

= $5,700+$5,350

= $11,050

Therefore, Williams should repair the machine.

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Answer:

Procedural Due Process

Explanation:

Answer:

Stock exchange market

Explanation:

The stock exchange market is where stocks and other marketable securities are traded. It is where buyers and sellers of stocks meet to trade.

The stock exchange is a highly regulated market. Most of the trading is done electronically. The stock exchange market facilitates companies and governments to raise capital to finance their operations. They also provide investment opportunities for investors.

The rate established before the start of an accounting period that is used to apply estimated overhead to jobs, is the: Predetermined Overhead Rate.

The Predetermined Overhead Rate is a calculation that is performed at the beginning of an accounting period. It is intended to the standard price of a product.

The calculation is performed by obtaining the estimated manufacturing overhead and dividing this by the estimated base of activity.

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One well-known company that has a strong brand promise is Nike, and it's brand promise is to bring inspiration and innovation to every athlete in the world.

The three ways are:

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Answer:

Explanation:

Performance appraisal is the method by which the performance of an employee is determined by the employer. It's main purpose is to eliminate the performance deficiencies of the employees. It is a part of career management.

The appraisals stress on the need to have more efficient employee and the deficiencies of the employee pointed out by the appraisal are overcome by the employee by taking the required training. Thus the employees feel that appraisals highlight all the bad things they did al year.

James must include $720 in his yearly gross income related to the fringe benefit.

Where the value of the athletic facilities is to be excluded from an employee's gross income, the facilities must be situated on the employer's business location. Moreover, the athletic facilities must be used exclusively by the employees and their dependents.

Due to the above, James's membership is at a public YMCA, hence taxable.  

Also, James start date with the corporation was not given, he would however receive 12 months of the benefit.

12 × $60 = $720

Therefore, James must include the full cost of $720 paid by his employer in his yearly gross income related to the fringe benefit.

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The amount that has been initially borrowed is $802, having an annuity payment of $300 at the end of each year and a market interest rate of 6%.

An annuity is a series of payments made at regular intervals in the financial world. Regular savings account deposits, monthly home mortgage payments, monthly insurance payments, and pension payments are all examples of annuities. The frequency of payment dates distinguishes annuities.

The formula for calculating the present value of an annuity which is actually the sum borrowed is :

V= A/i {1-(1+i)^-n} , where,

A= fixed payment of annuity,

i= market rate of interest, and

n = number of years

V= 300/0.06{1-(1+0.06)^-3}

   = 300/0.06{1-0.8396}

   = 300/0.06 × 0.1604

   =  $802

Therefore, $802 was initially borrowed.

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