A person who is an entrepreneur is also a businessperson. true or false?​

Answers

Answer 1

Answer:

False

Explanation:

A person who brings his unique idea to run a startup company is known as an entrepreneur. A businessman is a person who starts a business on an old concept or idea. The businessman is a market player while Entrepreneur is a market leader because he is the first to start such a kind of enterprise.


Related Questions

The areas of academic study are called

Answers

Answer:

Academic Focus Areas are related majors that are grouped together because they share a foundation of common course requirements and recommendations. At most institutions, every program of study will fit into one of a limited number (five to seven, generally) of Academic Focus Areas.

An academic discipline or field of study is known as a branch of knowledge.

Explanation:

Answer: Branches of knowledge

Happy to help; have a great day! :)

The following information applies to the questions displayed below.
On January 1, Year 2 Grande Company had a $14,000 balance in the Accounts Receivable account and a zero balance in the Allowance for Doubtful Accounts account. During Year 2, Grande provided $64,000 of service on account. The company collected $60,500 cash from accounts receivable. Uncollectible accounts are estimated to be 2% of sales on account
What is the amount of uncollectible accounts expense recognized on the Year 2 Income statement?
a. $ 280
b. $3,500
c. $1,210
d. $1,280

Answers

Answer:

the answer is 3,500

3,500

firms that follow a single-business or dominant-business strategy at the corporate level generally employ a structure.

Answers

Firms that follow a single-business or dominant-business strategy at the corporate level generally employ a functional structure .

Firms pursuing a single or dominant business strategy demonstrate a lower level of decentralization. A single company is one where 90% or more of its revenue comes from the dominant company. A dominant company is one that derives between 70% and 95% of its revenue from a single category.

What is the dominant business strategy?

A dominant business strategy defines how a company approaches production, marketing, and service. Owners emphasize certain strategies while downplaying other approaches.

What is Single Segment Strategy?

Single Segment Strategy – Also known as Focus Strategy. Market segments (not entire markets) are provided with the marketing mix. For small businesses with limited resources, the single segment approach is often the strategy of choice.

Learn more about single segment strategy :

brainly.com/question/29214330

#SPJ4

One major advantage of organizing a business as a sole proprietorship is
that:
A. the owner has total control over the company.
B. the company has an unlimited life span.
C. legal liability is spread among many people.
D. it is easy to quickly raise large amounts of capital.

Answers

Answer:

A

Explanation:

the owner has total control over the company

One major advantage of organizing a business as a sole proprietorship is that the owner has total control over the company.

What is sole proprietorship?

A sole proprietorship is an unincorporated business that is also known as a sole trader or a proprietorship with only one owner who is responsible for paying personal income tax on the company's profits. Since it's not essential to register a distinct business or trade name, many sole owners operate under their own identities. Due to a lack of governmental oversight, a sole proprietorship is the most straightforward type of business to start or dissolve. As a result, consultants, sole proprietors, and other freelancers frequently operate these kinds of enterprises. The majority of small firms begin as sole proprietorships, grow, and ultimately convert to a corporation or limited liability entity.

The quickest and easiest way to start a firm with just one owner is through a sole proprietorship. As soon as you start operating your business, you become a sole proprietor. It is the best approach for new self-employed individuals to get started because it doesn't need submitting federal or state forms and has little regulatory constraints.

In that no separate legal organization is created, a single proprietorship differs significantly from a corporation (corp. ), limited liability company (LLC), or limited liability partnership (LLP). As a result, the proprietor of a sole proprietorship is not immune from the obligations imposed by the business.

The key advantages of a sole proprietorship are the pass-through tax benefit, the simplicity of formation, and the minimal startup and ongoing costs.

A sole proprietorship has several drawbacks, including unrestricted liability that extends beyond the business to the individual and the challenge of acquiring capital backing, particularly through recognized methods such issuing shares and securing bank loans or lines of credit.

Therefore, business owners who operate as sole proprietors start out as an entity with limitless liability. As the company expands, they frequently switch to a limited liability entity that does provide some level of protection to the owners.

To learn more about sole proprietorship, click here

https://brainly.com/question/1428023


#SPJ2

Assume that EEG Company wanted to reduce the cost of materials handling in each of its stores, and management set a target reduction of 2 percent per year. If a given store has current annual materials handling costs of $200,000 and expected an increase next year due to 15 percent growth, the budget for next year would be: A. $230,000 B. $216,000 C. $196,000 D. $225,400

Answers

The answer is c I believe I am not sure If I am right

What is one of the best known functions of The Consumer Product Safety Commission?
O product recalls
O identity theft damage repair
O food safety
Ofree credit reports

Answers

Answer:

product recalls

Explanation:

Note, the Consumer Product Safety Commission is an agency that is concerned with consumer product safety in general regardless of whether they are food-related products or not.

Hence, this agency among its stated primary objectives on its official website includes carrying out product recalls where necessary.

Ethics determine what society should value. True or False

Answers

I think in my opinion it's TRUE?

Well it think it’s false?

Despite aggressive campaigns to attract customers with lower mobile phone prices, Telenor- has
been losing large number of monthly subscribers. Management wants to know why so many
customers are leaving Telenor and what can be done to entice them back. Are customers
deserting because of poor customer services, uneven network coverage, or wireless service
charges? How can the company use information systems to help find the answer? What
management decisions could be made using information from these systems?

Answers

Answer:

the company should do research and find out why costomer are decreasing ,or do surveys, interview

Explanation:

the company must upgrade the service that it way offering before

PLEASE HELP HURRY!! 20 POINTS!! WILL MARK BRAINLIEST IF CORRECT!
You are a concerned constituent, and you want to help your House Representatives member or Senator draft a bill that would help the federal government raise revenue. Where should you submit the bill?


directly to the President for his signature

either to your Congressional District Representative or Senator

only to your Senator

only to your Representative

Answers

Answer:

to the president

Explanation:

because he has to see if he has to veto or pass it

When you "spoof" an ad, you: A. laugh at its humor.
B. forward it to a friend.
c. ignore it entirely.
D. imitate it satirically.

Answers

Answer:

C wooooo

Explanation:

the person above ya feel me

Answer the following questions on the basis of the monopolist's situation is illustrated in the following graph.

a. At what output rate and price does the monopolist operate?
b. In the equilibrium, approximately what is the firm's total cost and total revenue?
c. What is the firm's economic profit or loss in equilibrium?

Answer the following questions on the basis of the monopolist's situation is illustrated in the following

Answers

The following answers are based on a monopoly economy.

The output rate and the price at which the monopolist operates based on the graph is 100 quantities at $10.In the market equilibrium, the firm's total cost and total revenues are $750 and $1000 respectively. The firm's economic profit in the equilibrium is $250.

What is a monopoly?

A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a scenario in which a certain individual or organization is the exclusive supplier of a given product.

To arrive at answer a, we need to recall that the equilibrium of a monopolist is when the Marginal Cost equals the Marginal Revenue and the Marginal Cost Curve (MC) cuts the Marginal Revenue Curve (MR ) from below.

At this point, the equilibrium output is 100, and the equilibrium price is $ 10 for every unit of production.

For the answer is b, given that the firm is producing 100 units of goods at an average total cost of $7.5 (derived from the point that aligns with MR = MC), therefore,

Total Cost   = Equilibrium Output * ATC (Average Total Cost)

= 7.5 * 100

= $750

To arrive at answer c,
Recall that Economic profit is the difference between the money collected from the sale of a product and the expenses of all inputs utilized, as well as any opportunity costs, is the economic profit or loss.

Hence, Economic Profit = Total Revenue (TR) Less Total Cost (TC)

= $1000 - $ 750

= $250

Learn more about a monopoly:
https://brainly.com/question/13113415
#SPJ1

Good Economy vs. Bad Economy:
During which economy will you find the best loan rates?

Answers

Answer:

Bad Economy

Explanation:

Lower interest rates

Which scenario is an example of demand pull inflation

Answers

Answer:

Consumers have more money to buy cars, and the prices of cars and car accessories rise as a result. an increase in prices for computers and computer accessories.

Explanation:

Answer:

a

Explanation:

Please post detailed answers to the following questions. Please use complete sentences.

Why should a business have an exit strategy? What is the main advantage and disadvantage for each option—selling a business, going public, and liquidating a business.

Answers

An exit strategy is a plan that outlines how a business owner intends to leave their business, whether it's by selling it, going public, or liquidating it.

Every business owner should have an exit strategy in place, as it helps them prepare for the future and ensure a smooth transition for their business. The main advantage of selling a business is that the owner can receive a significant amount of money in exchange for their ownership stake.

Selling the business allows the owner to exit the business quickly and easily. The main disadvantage of selling a business is that the owner may have to compromise on the price or terms of the sale, which can impact their financial return.

Going public can provide a business with access to a large pool of capital, which can be used to fuel growth and expansion. Furthermore, it can increase the company's visibility and credibility. Going public can be a complex and expensive process, with significant regulatory requirements and ongoing costs associated with being a public company.

Liquidating a business involves selling off all of its assets and paying off any outstanding debts. The main advantage of liquidating a business is that it allows the owner to quickly and easily exit the business while minimizing any losses. The main disadvantage of liquidation is that the owner may not receive a fair market value for the assets they sell.

Having an exit strategy is important for any business owner as it allows them to plan for the future and ensure a smooth transition for their business. Each exit strategy has its advantages and disadvantages, so it's important for business owners to carefully consider their options and choose the one that best fits their specific needs and goals.

Learn more about strategy here:

https://brainly.com/question/28561700

#SPJ1

Which is an advantage of functional organizational structure?
A.
better project focus
B.
faster response in decision making
C.
team members develop strong project loyalty and commitment with one reporting manager
D.
clear line of authority for each division in the organization

Answers

Team members develop strong project loyalty and commitment with reporting manager

Answer:

its c

Explanation:

i got it right

Maria works for a startup tech company as an accountant. Her supervisor needs to know how much money is being spent on computers and software to prepare the company budget for the following year. The supervisor asks Maria to research and share this information with the team. Which type of document is best suited for Maria to share her research?

Answers

The best type of document for Maria to share her research on the amount of money spent on computers and software would be a financial report.

A financial report is a document that provides an overview of a company's financial performance and includes information on its expenses, revenues, and profits. It is a comprehensive document that provides an in-depth analysis of the company's financial health, and it is commonly used to inform decision-making and planning. In this case, Maria can create a financial report that details the amount of money spent on computers and software over a specific period. She can include a breakdown of the expenses, such as the cost of hardware, software licenses, maintenance, and upgrades. Additionally, Maria can provide a comparison of the expenses from previous years, and she can explain any significant changes in the cost of these items. A financial report will enable Maria's supervisor to make informed decisions about the company's budget for the following year. The report will provide insights into the company's financial health and help identify areas where cost savings can be made. Ultimately, the financial report will be a valuable tool for the entire team in making strategic decisions about the company's finances.

for more questions on research

https://brainly.com/question/30052760

#SPJ11

Mazu Mavuso is a 43-year-old South African resident who was employed by Veg & Fruit Limited, a South African company, until 30 November 2022. On 30 November 2022, Veg & Fruit Limited ceased its operations and the pension fund that Veg & Fruit Limited established for its employees also closed down. The Veg & Fruit Limited pension fund paid out R80 000 to Mazu Mavuso during the 2023 year of assessment. All Mazu Mavuso's pension fund contributions have been deducted in the determination of his taxable Income. Mazu Mavuso also decided to join a retirement annuity fund, to which he made a total contribution of R7 000 during the 2023 year of assessment. For the 2023 year of assessment, Mazu Mavuzo's receipts and expenses were as follow: Salary Director's fees earned Local dividends from South African companies Local interest from a non 'tax free investment' Pension fund contributions at 6.5% of his salary Retirement annuity fund contributions Qualifying medical expenses paid Donation to a qualifying section 18A Public Benefit Organisation R 720 000 110 000 45 000 24 500 ? 7 000 61 630 6 000 Calculate Mazu Mavuso’s taxable income for the 2023 year of assessment. (25 marks) 1.2) Calculate Mazu Mavuso’s total normal tax liability for the 2023 year of assessment. Assume that Mazu Mavuso had a taxable income of: • R770 900 before any retirement fund lump sum withdrawal benefits. • R843 900 after any retirement fund lump sum withdrawal benefits. (17 marks) Competency Framework Reference: E1.2 Interpretation of tax legislation b) Demonstrate the ability to apply the principles of tax interpretation to any new or unfamiliar tax legislation. E1.3 Application of tax legislation to calculate tax obligation a) Analyse the taxpayer’s tax profile. c) Apply the relevant law to the facts, determine the tax position and compute the tax payable (VAT or normal tax) for individuals and companies.​

Answers

Explanation:

to calculated this question to solve

A person must possess ________________ to perform the essential components of a job in a safe, efficient and reliable manner. (Choose the best answer.)

Question 1 options:

Workforce Downsizing


Retaliation


Burden of Proof


BFOR

Answers

A person must possess  burden of proof to perform the essential components of a job in a safe, efficient and reliable manner.

What is the burden of proof?

A person must possess the necessary skills and knowledge to perform the essential components of a job in a safe, efficient, and reliable manner.

The burden of proof is the responsibility of providing sufficient evidence to support a claim or argument. In legal terms, the burden of proof refers to the obligation of a party in a lawsuit to prove their case by a standard of evidence, such as "beyond a reasonable doubt" in criminal cases or "preponderance of the evidence" in civil cases. In a broader sense, the burden of proof can refer to the obligation of any person making a claim to provide evidence to support it.

Read more on Job skills here:https://brainly.com/question/26355886

#SPJ1

A key feature of business is that it facilitates an exchange of

Answers

An “Exchange Value “

Answer:

type ''value''

Explanation:

i took the test


Sales Management N5

Answers

Sales Management N5 equips students with the knowledge and skills necessary to effectively lead and manage a sales team

Sales Management N5 typically refers to a specific course or module within a sales management curriculum. This level of sales management education focuses on developing the knowledge and skills necessary to effectively manage a sales team and achieve sales objectives.

In this course, students learn various aspects of sales management, including sales planning, sales organization, sales forecasting, sales budgeting, sales training and development, sales force motivation, and sales performance evaluation. The aim is to provide students with a comprehensive understanding of the sales management process and equip them with the tools to lead and motivate a successful sales team.

Sales Management N5 emphasizes the importance of strategic planning and aligning sales activities with the overall organizational goals. Students learn how to develop sales strategies, set sales targets, and create sales plans that guide the actions of the sales team. Additionally, they gain insights into effective sales organization structures, including territory management, key account management, and sales force specialization.

The course also covers sales forecasting and budgeting, teaching students how to predict future sales trends and allocate resources accordingly. Sales training and development play a crucial role in Sales Management N5, as students learn how to enhance the knowledge, skills, and competencies of their sales team through training programs and coaching initiatives.

Sales force motivation is another key aspect covered in this course, focusing on techniques to inspire and incentivize sales representatives to achieve their targets. Sales performance evaluation is explored to assess individual and team performance, identify areas for improvement, and recognize high performers.

Overall, Sales Management N5 equips students with the knowledge and skills necessary to effectively lead and manage a sales team. By understanding the sales management process and mastering key strategies, students are prepared to drive sales growth, optimize performance, and contribute to the overall success of the organization.

for more such question on Management visit

https://brainly.com/question/1276995

#SPJ8

*Assignment*
1. Think about a business idea (sector)
2. Create a budget and a cash flow statement for that business
3. Highlight the investment appraisal technics to determine if such a business is viable or not.
4. Indicate the source of funding and if it's a loan create an amortisation schedule.
5. Try to convince someone to invest in your project with convincing evidences.

Answers

By presenting a compelling business case supported by solid evidence, I would aim to showcase the viability and potential of the solar panel installation business, enticing potential investors to seize the opportunity and contribute to the growth of a sustainable and profitable venture.

Business Idea (Sector):

I propose a business idea in the renewable energy sector, specifically focusing on solar panel installation and maintenance services. The demand for clean and sustainable energy solutions is rapidly increasing, and solar power offers a promising avenue for individuals and businesses to reduce their carbon footprint while saving on energy costs.

Budget and Cash Flow Statement:

The budget will include costs such as equipment and materials, employee wages, marketing expenses, office rent, and administrative costs. The cash flow statement will outline the projected inflows from customer payments, government incentives, and financing, as well as the outflows for operating expenses, loan repayments, and taxes.

Investment Appraisal Techniques:

To determine the viability of the business, several investment appraisal techniques can be employed. These may include net present value (NPV), internal rate of return (IRR), and payback period analysis. These methods will help assess the profitability, financial feasibility, and return on investment of the solar panel installation business.

Source of Funding and Amortization Schedule:

Funding for the business can come from various sources, such as personal savings, angel investors, venture capital, or bank loans. If a loan is obtained, an amortization schedule will be created to outline the repayment plan, including the principal and interest payments over the loan term.

Convincing Investment Proposal:

To convince someone to invest in the project, I would present the following convincing evidence:

Market research highlighting the growing demand for solar energy solutions.

A comprehensive business plan outlining the potential revenue streams, target market, and competitive advantages.

Projections of financial performance using investment appraisal techniques, showcasing the potential for profitability and return on investment.

Case studies or testimonials from satisfied customers, demonstrating the success of similar solar panel installation businesses.

Highlighting the positive environmental impact and the potential for government incentives and grants in the renewable energy sector.

Demonstrating the experience and expertise of the team in the solar energy industry.

By presenting a compelling business case supported by solid evidence, I would aim to showcase the viability and potential of the solar panel installation business, enticing potential investors to seize the opportunity and contribute to the growth of a sustainable and profitable venture.

For more question on profitable

https://brainly.com/question/24553900

#SPJ8

Which of the following is a measurable goal for a company seeking to retain customers? Select an answer:
a) amount of revenue retained at the start and end of a defined period
b) number of customers lost from the beginning to the end of a time period
c) qualitative answers to customer feedback
d) customer survey results​

Answers

The sentence that serves as the measurable goal for a company seeking to retain customers is a) amount of revenue retained at the start and end of a defined period.

What is the justification?

The amount of revenue retained at the start and end of a defined period can be used as the measure in knowing the company's ability to keep customers  as well as the way toretain their revenue over a given period.

This is because this helps to account the number of customers retained through the amount of revenue generated from those customers in a particular period of time.

learn more about customers at;

https://brainly.com/question/380037

#SPJ1

Final answer:

The measurable goal for a company seeking to retain customers is the amount of revenue retained at the start and end of a defined period.

Explanation:

An example of a measurable goal for a company seeking to retain customers is (a) the amount of revenue retained at the start and end of a defined period. This measure of revenue can show if the company has been able to retain customers and generate enough sales to maintain or increase its revenue. By monitoring the amount of revenue retained over time, the company can assess the success of its customer retention efforts.

Learn more about Measurable goal for customer retention here:

https://brainly.com/question/33112609

#SPJ6

A downside of social media is that:

Answers

Answer:

People tend to talk to other people they don't know, which could cause serious problems

Explanation:

Answer:

That there are big hacker that can steal your info and also that people can know everything about you in just one video or on picture. It just pure scary

Explanation:

Your Welcome (; (:

Question 6 of 10
What was the main purpose of the Sarbanes-Oxley Act?
A. To increase competition in the accounting industry
B. To increase tax revenue for the government
O C. To create jobs for accountants
D. To protect investors from fraud and false financial reporting

Answers

The main purpose of the Sarbanes-Oxley Act is to protect investors from fraud and false financial reporting (option D).

What is financial reporting?

Financial reporting is described as a process through which the financial statements of an organization are issued. It is a process that includes communication as well as documentation of the financial performance and financial activities of an organization that is carried out for a specific period.  

The Sarbanes-Oxley Act is a law in the US, and the main purpose of this act is to protect investors. The disclosure made through financial reporting is made accurate and reliable through the implementation of this act.

It can be concluded that the main purpose of the Sarbanes-Oxley Act is to protect investors from fraud and false financial reporting (option D).

To know more about financial reporting, check this link:

https://brainly.com/question/26240841

#SPJ13

What do you think are some of the difficulties of adding 25% more employees for the holiday season what kind of planning do you think would be needed 

Answers

Adding 25% more employees for the holiday season can bring some challenges and difficulties for a company. Here are some potential difficulties and the planning needed to address them:

Hiring and Training: The first challenge is to find and hire new employees, which can be time-consuming and costly. Companies should plan ahead and start the hiring process early to ensure they have enough time to select and train new employees.

Cost: The cost of hiring and training new employees can be high, and companies need to ensure they have enough resources to cover the additional expenses. Companies should create a budget and estimate the cost of hiring and training new employees.

Integration and Teamwork: Integrating new employees into the team and ensuring they work effectively with existing employees can be challenging. Companies should plan team-building activities and create a welcoming environment to help new employees feel part of the team.

Workload and Scheduling: Companies need to plan the workload and schedule the additional employees effectively to ensure they are utilized efficiently. This includes ensuring that there is enough work to keep all employees busy and that the schedule allows for an appropriate level of coverage.

To know more about tax here

https://brainly.com/question/30157668

#SPJ1

Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Its unadjusted trial balance as of December 31 follows, along with descriptions of items a through h that require adjusting entries on December 31.

Answers

In accounting, adjusting entry is one that is made to properly allocate revenue and expenses to each accounting period. It corrects previously recorded journal entries, ensuring that the financial statements at the end of the fiscal year are correct and up to date.

What are the adjusting entry for these previous entries?

Cash

Unadjusted Balance - D - $26793Adjusted Balance - D - $26793

Accounts Receivable

Unadjusted Balance - D - $0f - Debit - $9600Adjusted Balance - D - $9600

Teaching Supplies

Unadjusted Balance - D- $10304b - Credit - $7642Adjusted Balance - D - $2662

d. Prepaid Insurance

Unadjusted Balance - D - $15458a - Credit - $3071Adjusted Balance - D - $12,387

e. Prepaid Rent

Unadjusted Balance - D - $2062h - Credit - $2062Adjusted Balance - D - $0

f. Professional Library

Unadjusted Balance - D - $30913Adjusted Balance - D - $30913

g. Accumulated Depreciation - Professional Libary

Unadjusted Balance - C - $9275d - Credit - $6142Adjusted Balance - C - $15,417

Tuitiion Fees Earned

Unadjusted Balance - C - $105108f - Credit - $9600Adjusted Balance - C - $114,708

Training Fees Earned

Unadjusted Balance - C - $39,158e - Credit - $4,400Adjusted Balance - C- $43,558

Depreciation Expense - Professional Library

Unadjusted Balance - D - $0d - Debit - $6142Adjusted Balance - D - $6142

Depreciation Expense - Equipment

Unadjusted Balance - D - $0c - Debit - $12,285Adjusted Balance - D - $12,285

Salaries Expense

Unadjusted Balance - D - $49464g - Debit - $400Adjusted Balance - D - $49,864

Insurance Expense

Unadjusted Balance - D - $0a - Debit - $3071Adjusted Balance - $3071

Equipment

Unadjusted Balance - D - $72,119Adjusted Balance - D - $72119

Accumulated Depreciation - Equipment

Unadjusted Balance - C - $16,489c - Credit - $12,285Adjusted Balance - C - $28,774

Accounts Payable

Unadjusted Balance - C - $37431Adjusted Balance - C - $37431

Salaries Payable

Unadjusted Balance - C- $0g - Credit - $400Adjusted Balance - C - $400

Unearned Training Fees

Unadjusted Balance - C - $11,000e - Debit - $4400Adjusted Balance - C - $6600

Common Stock

Unadjusted Balance - C - $11000Adjusted Balance - C - $11000

Retained Earnings

Unadjusted Balance -C - $54539Adjusted Balance - C- $54,539

Dividends

Unadjusted Balance - D- $41,220Adjusted Balance - D - $41,220

Rent Expense

Unadjusted Balance - D - $22,682h - Debit - $2062Adjusted Balance - D - $24,744

Teaching Supplies Expense

Unadjusted Balance - D - $0b - Debit - $7642Adjusted Balance - D - $7642

Advertising Expense

Unadjusted Balance - D - $7214Adjusted Balance - D - $7214

Utilities Expense

Unadjusted Balance - D - $5771Adjusted Balance - D - $5771

Missing words "Descriptions of items a through h that require adjusting entries on December 31, 2018, follow.

a) An analysis of WTI's insurance policies shows that $3,071 of coverage has expired.

b) An inventory count shows that teaching supplies costing $2,662 are available at year-end 2018.

c) Annual depreciation on the equipment is $12,285.

d) Annual depreciation on the professional library is $6,142.

e) On November 1, WTI agreed to do a special six-month course (starting immediately) for a client. The contract calls for a monthly fee of $2,200, and the client paid the first five months' fees in advance. When the cash was received, the Unearned Training Fees account was credited. The fee for the sixth month will be recorded when it is collected in 2019.

f) On October 15, WTI agreed to teach a four-month class (beginning immediately) for an individual for $3,840 tuition per month payable at the end of the class. The class started on October 15, but no payment has yet been received. (WTI's accruals are applied to the nearest half-month; for example, October recognizes one-half month accrual.)

g) WTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per day for each employee.

h) The balance in the Prepaid Rent account represents rent for December.".

Read more about adjusting entry

brainly.com/question/13035559

#SPJ1

A company produces two products Product A selts for \$25 variable costs of 15and requires hours produce B for 35; variable costs of $20 and requires 5 machine hours to produce 40, 000mn machine hours are availableThe company can all can make of either Which statement is true?

Answers

Answer:

8000 units of product A and 4,800 units of product B should be produced.

Explanation:

Item A sells for $25 yet cost $15 to create. It implies there is a commitment edge of $10 per unit (i.e $25-$15)  

since it takes 2hours to create item A we have 10/2= 5 items each machine hour.  

$10 × 8000 units = $80,000 (in benefits)  

then again, if item B is to be sold at $35 per unit yet has a creation cost of $20, it implies a commitment edge of $15(i.e $35-$20) is implanted in each $35 deal. On the off chance that the organization produces 4,800 units of this item B, it implies that the organization has  

$15 × 4,800 units = $72, 000  

Since the point of the organization's creation is to make benefit, it is extremely certain that item An ought to be delivered contrasted with item B since it has a higher commitment edge

Brainliest?

Which of the following Actions should the ccntr.il bank take if monetary authorities want to reduce the supply of money to slow the rate of inflation? Increase taxes, reducing costs and causing prices to fall Buy government bonds, reducing money supply, increasing interest rates, and slowing aggregate demand. Sell government bonds reducing money supply increasing interest rates and slowing aggregate demand. Decrease the discount rate lowering interest rates and causing both costs and prices to fall.

Answers

The Fed can increase the  plutocrat  force by bringing down the reserve conditions for banks, which allows them to advance  further  plutocrat. Again, by raising the banks' reserve conditions, the Fed can  drop the size of the plutocrat  force.  

Central banks use several unique  styles to increase or  drop the  quantum of  plutocrats in the banking system. These  conduct are  indicated to as  financial approach. While the Federal Reserve Board — generally  indicated to as the Fed — could  publish paper currency at its discretion with an end  thing to increase the  quantum of  plutocrat in the frugality, this isn't the measure used, at least not in the United States.  

The Federal Reserve Board, which is the administering body that manages the Federal Reserve System, oversees all domestic  financial arrangement. They're  frequently  indicated to as the Central Bank of the United States. This means they're generally considered responsible for controlling affectation and managing both short- term and long haul interest rates. They make these  opinions to strengthen the frugality, and controlling the  plutocrat  force is an important instrument they use.

to know more about central bank click here:

https://brainly.com/question/29547955

#SPJ4

Julia Dumars is a licensed CPA. During the first month of operations of her business, Julia Dumars, Inc., the following events and transactions occurred.

May 1 Stockholders invested $21,300 cash in exchange for common stock.
2 Hired a secretary-receptionist at a salary of $2,800 per month.
3 Purchased $1,500 of supplies on account from Vincent Supply Company.
7 Paid office rent of $760 cash for the month.
11 Completed a tax assignment and billed client $2,900 for services performed.
12 Received $2,900 advance on a management consulting engagement.
17 Received cash of $1,800 for services performed for Orville Co.
31 Paid secretary-receptionist $2,800 salary for the month.
31 Paid 40% of balance due Vincent Supply Company.

Julia uses the following chart of accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Supplies, No. 201 Accounts Payable, No. 209 Unearned Service Revenue, No. 311 Common Stock, No. 400 Service Revenue, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense.

a. Journalize transactions
b. Post to ledger accounts
c. Prepare Trial Balance

Answers

a. The preparation of the journal entries for Julia Dumars, Inc. is as follows:

May 1 Debit 101 Cash $21,300

Credit 311 Common Stock $21,300

May 3 Debit 126 Supplies $1,500

Credit 201 Accounts Payable (Vincent Supply Company) $1,500

May 7 Debit 729 Rent Expense $760

Credit 101 Cash $760

May 11 Debit 112 Accounts Receivable $2,900

Credit 400 Service Revenue $2,900

May 12 Debit 101 Cash $2,900

Credit 209 Unearned Service Revenue $2,900

May 17 Debit 101 Cash $1,800

Credit 400 Service Revenue $1,800

May 31 Debit 726 Salaries Expense $2,800

Credit 101 Cash $2,800

May 31 Debit 201 Accounts Payable (Vincent Supply Company) $600 Credit 101 Cash $600

b. The ledger accounts are as follows:

No. 101 Cash

Date    Account Titles (with codes)   Debit   Credit

May 1 311 Common Stock              $21,300

May 7 729 Rent Expense                               $760

May 12 209 Unearned Service

              Revenue                          $2,900

May 17 400 Service Revenue       $1,800

May 31 726 Salaries Expense                   $2,800

May 31 201 Accounts Payable

(Vincent Supply Company)                         $600

May 31 Balance                                        $21,840

No. 112 Accounts Receivable

Date    Account Titles (with codes)   Debit   Credit              

May 11 112 Service Revenue           $2,900

No. 126 Supplies

Date    Account Titles (with codes)   Debit   Credit

May 3 Accounts Payable (Vincent

          Supply Company)               $1,500

No. 201 Accounts Payable

Date    Account Titles (with codes)   Debit   Credit

May 3 126 Supplies                                      $1,500

May 31 101 Cash                               $600

May 31 Balance                                $900

No. 209 Unearned Service Revenue

Date    Account Titles (with codes)   Debit   Credit

May 12 101 Cash                                          $2,900

No. 311 Common Stock

Date    Account Titles (with codes)   Debit   Credit

May 1 101 Cash                                           $21,300

No. 400 Service Revenue

Date    Account Titles (with codes)   Debit   Credit

May 11 112 Accounts Receivable                $2,900

May 17 101 Cash                                          $1,800

May 31 Balance                               $4,700

No. 726 Salaries and Wages Expense

Date    Account Titles (with codes)   Debit   Credit

May 31 101 Cash                             $2,800

No. 729 Rent Expense.

Date    Account Titles (with codes)   Debit   Credit

May 7 101 Cash                                  $760

c. The trial balance is as follows:

Julia Dumars, Inc.

Trial Balance

As at May 31

Account Titles                         Debit    Credit

Cash                                     $21,840

Accounts Receivable             2,900

Supplies                                  1,500

Accounts Payable                                 $900

Unearned Service Revenue               2,900

Common Stock                                   21,300

Service Revenue                                 4,700

Salaries & Wages Expense 2,800

Rent Expense                          760

Totals                              $29,800 $29,800

Data Analysis:

May 1 101 Cash $21,300 311 Common Stock $21,300

May 3 126 Supplies $1,500 201 Accounts Payable (Vincent Supply Company) $1,500

May 7 729 Rent Expense $760 101 Cash $760

May 11 112 Accounts Receivable $2,900 400 Service Revenue $2,900

May 12 101 Cash $2,900 209 Unearned Service Revenue $2,900

May 17 101 Cash $1,800 400 Service Revenue $1,800

May 31 726 Salaries Expense $2,800 101 Cash $2,800

May 31 201 Accounts Payable (Vincent Supply Company) $600 101 Cash $600

Learn more about preparing trial balance at https://brainly.com/question/24696035

Consider the following data representing the price of laptop computers (in dollars).

1204, 1206, 1345, 1306, 1207, 1078, 1357, 1232, 1228, 1302, 1189, 1177, 1083, 1094, 1326, 1071, 1427, 1348, 1420, 1253, 1270

Determine the frequency of the fifth class.

PLEASE SHOW STEPS

Answers

Answer:   6        

                             

Explanation: To determine the frequency of the fifth class, We first need to know the class intervals and the range of the data. Once we have this information we can count the number of data points that fall within the fifth class interval.

The class intervals can be found by dividing the range of the data by the number of classes desired.

The range of the data is 1427 - 1071 = 356

If we use 5 classes, each class will have a width of 356/5=71.2.

The fifth class interval would be 1071+4*71.2=1216<X<=1287.2.

Now, We can count the number of data points that fall within this interval, the frequency of the fifth class is the number of data points that fall within the fifth class interval.

The data points that fall within the fifth class interval are: 1206, 1207, 1232, 1228, 1253, 1270

Frequency of the fifth class=6.

Other Questions
What is the quotient of 7/8 divided by 2/5? 9/13 7/20 35/16 51/40 What's the area of the green highlighted face shown below?? what happens to your body when you stretch more often why is unauthorized modification of car is dangerous? To show depth, artists also make images behind the original image _____________.darkerlighterbluerthicker Math answer:3(3+2)-s=38 the crab that played with the sea based on the details in the excerpt what is primarily the purpose THE ANSWER IS:A: to explain to children that the moon causes the tides (08.06)The dot plot shows how many swimmers are in each line at a waterpark: Dot plot titled Swimmers in Line and labeled Number of Swimmers shows a number line from 1 to 10. There is 1 dot over 1, no dots over 2, 3, 4, 5 and 6, 2 dots over 7, 4 dots over 8, 6 dots over 9, and 5 dots over 10. many days _______ lefose we meet agains (pass) Briefly explain how globalization affected the American middle class. In demand forecast, sales data is the same as demand data. T/F I need some help with this.Look at the Image below.What is happening to the siesta tradition in big cities?C. Nothing! The tradition has not changed in the past 100 years.B. It is becoming more popularA. It is disappearing Hi quick question so how do you say good morning in German answer pls PLZ HELP ME 30 POINTS TROLLERS WILL BE REPORTED freshdirect could have minimized the challenges experienced after the move from queens to the bronx by what does the reader most infer from jims rection in this line " jm stoped inside the door as mmovable as a setter at the scent of quail." At 10:00 a.m., Han and Tyler both started running toward each other from opposite ends of a 10-mile path along a river. Han runs at a pace of 12 minutes per mile. Tyler runs at a pace of 15 minutes per mile.1. How far does Han run after a half hour? 2. How far does Han run after an hour? 3. Do Han and Tyler meet on the path within 1 hour? 4. Explain or show your reasoning.=(optional) how to regulate our body with food intakeplease answerrr What percentage of rainwater actually soaks/infiltrates into the ground? 3% 5% 25% Find the derivative of the function. f(x) = - 223 + 4x 5x 1 - f'(x) =