Sometime in November 2021, a legal representative from one of its creditors, Mawar Bhd issued a legal letter. The content of the letter indicates that Mawar Bhd has filed a lawsuit against Comel Bhd for its failure to repay the bills of services that have been rendered to R &D company last year. Total amounts involved would be amounting to RM750,000. R&D Company Bhd has then consulted with the company's legal adviser, who is on the opinion that R& D company probably lose this case in court
Discuss the accounting treatment of the above situations in accordance to MFRS137 Provisions, Contingent Liabilities and Contingent Assets and prepare the journal entry for the above situation

Answers

Answer 1

The provision should be reviewed and adjusted at each reporting date based on the latest information and any changes in circumstances.

According to MFRS 137 Provisions, Contingent Liabilities and Contingent Assets, a provision should be recognized when:

1. There is a present obligation (legal or constructive) as a result of a past event.

2. It is probable that an outflow of economic benefits will be required to settle the obligation.

3. The amount of the obligation can be reliably estimated.

R&D sued the supplier for failure to provide materials as specified in the contract. Based on the advice of legal experts, it is virtually certain that the company will win the case and expects to be awarded compensation. This situation indicates the existence of a present obligation (potential legal liability) as a result of a past event (supplier's failure to provide materials).

Since it is virtually certain that the company will win the case and the court has already ordered the supplier to pay RM250,000, the second and third criteria for recognizing a provision are met. Therefore, R&D should recognize a provision for the expected compensation amount.

The journal entry to record the provision would be as follows:

Date: June 30, 2021 Debit: Lawsuit Receivable - Supplier (Receivable) - RM250,000

Credit: Provision for Lawsuit (Expense) - RM250,000

The "Lawsuit Receivable - Supplier" account represents the expected amount to be received from the supplier as compensation. The "Provision for Lawsuit" account is an expense account that recognizes the estimated liability. The provision is typically presented as an expense on the income statement.

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Related Questions

A company selling in a national market often organizes its sales force along ________

Answers

A company selling in a national market often organizes its sales force along  geographic lines

A worldwide corporation is what?

a business that conducts business internationally. Global businesses enjoy benefits over domestic rivals in terms of research, manufacturing, marketing, and financial expenses and reputation.

Geographical sales lines:

One of the most prevalent types of the sales organization is the geographically based sales team.

This arrangement places people in certain geographic locations.

They are in charge of managing the sales operations in that region.

Such a framework is straightforward and less expensive.

Additionally, this structure encourages open communication with the clients.

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Dennis is doing the bookkeeping for his business. He is determining his assets, liabilities,
and owner's equity so he can see the financial state of his business on any given day.
What financial statement would MOST likely help him with this process?

Answers

The financial statement that would most likely help Dennis with determining his assets, liabilities, and owner's equity is the balance sheet. The balance sheet is a snapshot of a business's financial position at a specific point in time. It lists the assets of the business, such as cash, accounts receivable, inventory, and property, plant, and equipment.


By examining the balance sheet, Dennis can see the financial state of his business on any given day. He can see how much cash he has available to operate his business, how much inventory he has on hand, and how much he owes to creditors. He can also see how much of the business's assets are financed by debt and how much by owner's equity. It also lists the liabilities of the business, such as accounts payable, loans payable, and accrued expenses.

Finally, it lists the owner's equity, which is the difference between the assets and liabilities. The balance sheet is an important tool for business owners, as it provides a clear picture of the financial health of the business. It allows Dennis to make informed decisions about how to manage his business and plan for its future. By regularly reviewing his balance sheet, Dennis can identify trends and take action to improve the financial performance of his business.

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Why doesn't the Lorax do anything to stop the Once-ler (hint: he's a symbol)? What does this tell us
about the future of business decisions?

Answers

Answer:

The Lorax is a symbol of environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. This tells us that if we do not take steps to balance economic growth and environmental sustainability, it could lead to long-term negative consequences for the environment and future business decisions.

Explanation:

The Lorax is a children's book by Dr. Seuss that explores the environmental impact of economic growth and consumerism. In the story, the Once-ler begins cutting down Truffula trees to make a product called Thneeds, despite the warnings of the Lorax, who speaks for the trees and the animals that depend on them.

The Lorax represents environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. The Once-ler's actions are driven by his desire for profit, and he continues to cut down trees despite the negative impact it has on the environment. The Lorax, as a symbol of environmental awareness, is unable to stop the Once-ler from destroying the ecosystem, which ultimately leads to the disappearance of the Truffula trees and the animals that depend on them.

This lack of balance between economic growth and environmental sustainability is a lesson that has implications for future business decisions. If businesses prioritize profit over environmental sustainability, it could lead to long-term negative consequences for the environment, which could ultimately harm the economic viability of those businesses. It is important for businesses to consider the environmental impact of their decisions and take steps to balance economic growth and sustainability for the long-term health of the environment and economy.

WHERE DO YOU SEE YOURSELF IN 10 YEARS? Use the following prompts (you may add to them) to respond to this question in two or more well written paragraphs! What career or job will you have? What state do you want to live in? Why have you chosen this state? Will you own your own a house, rent an apartment or live at home? Will you have a family—marriage, kids? What do you hope your impact will be on your community, friends, family?

Answers

Answer:

I see myself having no family only a gf and why no kids is so I can raise them right have a house a business and work hard so they don't and I will be a, healthy man. And I am choosing this path because many people don't and fail when they have a family to take care of. Also I want to be able to ollie in the future. I want to be very successful so I can provide help to anyone who needs it and I want to have my own book motivating more people be more successful. The sate I will live in will probably be Utah or California so my fam will live well. Also I will try to homeschool the kids and teach them something new or have them go to a public school. This is what I want my future to be like but for now I have to make to come true so I have to grain. So peace have a goodnight/morning cya later or never.

Heightened Homes is a real estate firm based in Texas. The company ensures that employees' pay is dependent on what they are capable of doing. The company also supports efforts to empower its employees by encouraging them to be independent and to make decisions in various areas. This, in turn, ensures job enrichment. Based on this information, identify the pay structure being utilized by Heightened Homes. Select one: a. straight piecework plan b. skill-based pay systems c. merit pay system d. differential piece rates e. standard hour plan

Answers

Answer: skill-based pay systems

Explanation:

A basic concept in economics is that all resources are
O scarce.
• allocated.
valuable.
O renewable.

Answers

A basic concept in economics is that all resources are scarce. Thus, option a. is the correct answer.

Explain about the basic concept about the economics.

Every person's life includes doing economics on a regular basis in addition to studying it. It serves as a means of balancing the inputs and outputs of money. Whatever it is, one should prepare before the month or count at the end of the month or year, whether it is a small family, a large family, a small commercial enterprise, or a giant organisation. Economics seeks to strike a balance between the unending demands and the finite resources.

After saying this, we'll start talking about the topic of "economics." The pupils who are just beginning their studies in commerce in class XI will find this subject extremely interesting. In essence

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Answer:

Option A  scarce

Explanation:

which of the following challenges facing hr is related to technology becoming more prevalent in many previously unskilled environments? a. shifts in industries/retraining b. baby boomer retirements c. decreased employee loyalty d. differing benefits preferences

Answers

A. Shifts in industries/retraining is the challenge related to technology becoming more prevalent in many previously unskilled environments.

As technology advances, many unskilled jobs are becoming automated, so employees must be retrained in order to remain employable. This can be a daunting and expensive task for employers, as it may require significant investments in employee training and development for certain industries. Additionally, some employers may have difficulty finding qualified workers to replace those who are retiring or being made redundant due to automation.

This creates a wide range of challenges for human resources departments. They must decide how to best allocate resources towards retraining, and find the most cost effective ways to do so. Companies may need to consider new sources of labour, such as contract workers or offshore staff, in order to remain competitive and meet staffing requirements. Additionally, they must ensure compliance with relevant legislation and regulations, while providing a safe and equitable working environment. Furthermore, they must also consider how to ensure that their retraining initiatives are both effective and cost-efficient. HR departments will also need to ensure a smooth transition for those employees who are being retrained, as well as for those who are entering the workforce for the first time.

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The difficulty associated with technology becoming more prevalent in many previously unskilled environments is shifting in industries and retraining. In this case, option A is correct

Many low-skilled jobs are becoming automated as a result of technological advancements, so workers must retrain in order to stay employable. Due to the potential need for significant investments in employee training and development for some industries, this can be a challenging and costly task for employers. Additionally, some employers might have trouble replacing those who are retiring or losing their jobs as a result of automation with qualified workers.For human resources departments, this poses a variety of difficulties. They must choose how to best allocate funds for retraining and identify the most economical strategies for doing so. Companies might need to think about new labor sources.

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a to expand into overseas markets and maintain high control over all company activities abroad. which method is best fo licensing acquisitions. a. joint ventures. b. greenfield ventures.r

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The best method to expand into overseas markets and maintain high control over all company activities abroad is Greenfield ventures (option b).

Greenfield ventures is a type of Foreign Direct Investment (FDI) where a company decides to establish its presence in a foreign country by constructing new operational facilities from scratch or buying new lands, developing its infrastructure and setting up its manufacturing or service operations.

To set up greenfield ventures abroad, companies will require a lot of capital, resources and time to construct and develop the infrastructure required for their manufacturing or service operations. They also need to go through lengthy legal and regulatory processes that are typically involved in setting up businesses abroad.

Hence, option b) greenfield ventures is the best method for expanding into overseas markets and maintaining high control over all company activities abroad.

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What is the author's main claim or argument?
Pizza is the best

Answers

i hate pizza. it’s grosssdd

If Steve Hewitt, City Administrator, were to say that the true heroes are the people who show up every day in the office, working to accomplish tasks, then this is an example of which style depicted in the Leadership Grid

Answers

With the term "authoritarian" or "authority-compliance", people in this category believe that members of their group are a means to an end. The needs of the group are always less than its productivity.

What is a leadership grid leadership style?

Grid Leadership is a model of ethical leadership founded in the 1960s to measure productivity concerns against human anxiety.

The grid identifies five types of leaders: Impoverished, Produce or Perish, Middle of the Road, Country Club, and Team.

The leadership style 'Authority-Compliance' (or 'Produce-or-Perish' style) suggests that managers get high scores on productivity concerns and less concern for people.

Thus, the given example discusses about 'Authority-Compliance' leadership style.

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Which of these is an educational institution where you can complete an undergraduate
study program in order to get a bachelor's degree?

A 2 year ollege
B Technical School
C Certificate program
D 4 year College

Answers

I do not know the anwser maybe d anwser my questions

what occurs during the process monitoring step of business process management? multiple choice analysts use flowcharts and other tools to depict workflow. activities are examined and divided into their individual components. the business process execution language engine is run. managers track the individual components of the process as well as the process as a whole so that the performance of the engine can be measured.

Answers

The process monitoring step of business process management involves using flowcharts to visualize the workflow, examining activities as individual components, running the BPEL engine to execute the process, and tracking performance to measure the effectiveness of the process.

During the process monitoring step of business process management, several activities take place to ensure efficient workflow and performance. These activities include:
1. Analysts use flowcharts and other tools to depict the workflow: Flowcharts visually represent the steps and interactions within a business process. This helps analysts understand the process and identify any inefficiencies or bottlenecks.

2. Activities are examined and divided into individual components: Analysts break down the process into its individual components to gain a deeper understanding of each activity. This allows for better identification and analysis of potential issues.

3. The business process execution language (BPEL) engine is run: The BPEL engine is a software component that executes the defined business process. During process monitoring, the engine is run to execute the process and track its progress.

4. Managers track individual components and the process as a whole: Managers monitor the performance of both individual components and the overall process. This allows them to measure the effectiveness and efficiency of the process and identify areas for improvement.

In conclusion, the process monitoring step of business process management involves using flowcharts to visualize the workflow, examining activities as individual components, running the BPEL engine to execute the process, and tracking performance to measure the effectiveness of the process.

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A current 10-year bond.Face value: $1,000.00Annual coupon rate: 3.25%.Bond price: $864.87Yield on bond: 5.00%.A 3-year forward contract exists on this bond.What is the price without arbitrage of the Forward?

Answers

The forward price without arbitrage would be $956.75

To calculate the price of the forward contract without arbitrage, we can use the formula:

Forward price = S * (1 + r)^t - PV(coupon payments)

Where:
S = current spot price of the bond = $864.87
r = yield on the bond = 5.00%
t = time to maturity of the forward contract = 3 years
PV(coupon payments) = present value of all coupon payments over the life of the forward contract

To calculate the present value of the coupon payments, we can use the formula:

PV(coupon payments) = C * [(1 - (1 + r)^-n) / r]

Where:
C = annual coupon payment = $32.50 (3.25% of $1,000 face value)
n = number of coupon payments over the life of the forward contract = 3 (since it's a 3-year contract)

Plugging in the values, we get:

PV(coupon payments) = $32.50 * [(1 - (1 + 0.05)^-3) / 0.05] = $92.77

So the forward price without arbitrage would be:

Forward price = $864.87 * (1 + 0.05)^3 - $92.77 = $956.75

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Evaluation of the effectiveness of your selected government policy on the real GDP, inflation, and unemployment rate. In your opinion, was the policy effective based on the impact to the economic indicators? Explain your response.

Answers

My  selected government policy on the real GDP, inflation, and unemployment rate are:

Tax Cuts and Tax RebatesContractionary monetary policy Fiscal Policy

Yes the policy were effective based on the impact of the economic indicators because it brought about:

increase productivityLower money supplyEmployment opportunities.

Which policies would increase GDP?

Tax reductions and refunds boost productivity, which boosts economic growth. Tax reductions and refunds, according to supporters, give consumers the opportunity to boost the economy by spending more money.

Inflation control strategies that are more prevalent today include contractionary monetary policy. By raising interest rates, a contractionary policy seeks to reduce the amount of money in an economy. 5 Credit becomes more expensive as a result, which lowers consumer and company expenditure and slows economic growth.

Therefore, Fiscal policy can lower unemployment through accelerating economic growth and aggregate demand. The government will need to pursue an expansive budgetary strategy, which entails lowering taxes and raising spending on the general government.

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Why do governments want to
keep their economies growing?

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Answer:

to get stronger and have more power

Today's US banking system ensures that if everybody who has money on deposit in the banks
suddenly decides to take out their money all at once, all depositors can get their cash.
True or False

Answers

Answer:

False

Explanation:

Not all depositors will get their cash. The FED, which is the body that regulates commercial banks, requires the banks to keep only a small percentage of customers deposits in their custody. The percentage maintained in the banks is known as the reserve.  The percentage of the reserves requirement varies with time.

If all depositors decide to withdraw at once, they can not get their money as only the reserve amount will be available in the banks. Commercial banks usually lend out the rest of the customers' deposits to make profits.

According to the statement it's False.

Who is depositors?

Not all depositors will get their cash. The FED, which is that the body that regulates commercial banks, requires the banks to stay only a tiny low percentage of consumers deposits in their custody. the share maintained within the banks is thought because the reserve. the proportion of the reserves requirement varies with time.

If all depositors arrange to withdraw directly, they will not get their money as only the reserve amount are going to be available within the banks. Commercial banks usually lend out the remainder of the customers' deposits to form profits.

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Transcribed image text: Write about background of nestle Market research about nestle 1. Competitors 2. Market share 3. Or many more

Answers

Nestlé is a Swiss transnational food and drink company that was founded in 1866. The firm is known for a variety of products, including baby food, coffee, confectionery, pet food, and bottled water. Nestlé has a worldwide presence, with over 2,000 brands in 191 countries. The firm's success is based on innovation and a commitment to quality.


Market research about Nestlé:

1. Competitors: Nestlé has many competitors in the food and drink industry. The company's main competitors are Unilever, PepsiCo, The Coca-Cola Company, Mondelez International, and Danone.

2. Market share: Nestlé has a strong market presence in many countries around the world. The firm has a market share of 20.2% in the global food and beverage market. Nestlé's main markets are Europe, Asia, and the Americas.

3. Other factors: Other factors that impact Nestlé's market research include changing consumer preferences, economic conditions, government regulations, and technological advancements. To maintain its competitive edge, Nestlé must continually innovate and adapt to these changing market conditions.

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1. An hotel did market research and found that the willingness to pay of its potential guest varies by how many
nights they stay at the hotel. In particular the maximum willingness to pay for the whole stay is printed in the
following table:
Nights Total WTP Marginal WTP
1 300
2 580
3 840
4 1080
5 1300
6 1500
7 1680
8 1840
The hotel marginal cost per night is 210.
a) Complete the table with the marginal WTP
Assume the hotel is restricted to charge the same price per night regardless of the length of the stay.
b) Complete the following table.
Nights Max. Price Total Revenue Total Cost Profits
1 2 3 4 5 6 7 8
c) What is the optimal uniform price?
d) What are the consumer, producer and total welfare? Assume now that the hotel is allowed to use any desired
pricing strategy.
e) What is the optimal pricing strategy?
f) What are the consumer, producer and total welfare?
g) Under which scenario total surplus is higher
h) Who benefits from uniform pricing

Answers

a) To complete the table with the marginal willingness to pay (WTP), we need to calculate the differences between the total WTP values for each night.

Nights | Total WTP | Marginal WTP

1 | 300 | 300

2 | 580 | 280

3 | 840 | 260

4 | 1080 | 240

5 | 1300 | 220

6 | 1500 | 200

7 | 1680 | 180

8 | 1840 | 160

b) To complete the table, we need to calculate the total revenue, total cost, and profits for each number of nights.

Nights | Max. Price | Total Revenue | Total Cost | Profits

1 | 300 | 300 | 210 | 90

2 | 300 | 600 | 420 | 180

3 | 300 | 900 | 630 | 270

4 | 300 | 1200 | 840 | 360

5 | 300 | 1500 | 1050 | 450

6 | 300 | 1800 | 1260 | 540

7 | 300 | 2100 | 1470 | 630

8 | 300 | 2400 | 1680 | 720

c) The optimal uniform price would be the marginal cost per night, which is $210.

d) Consumer welfare can be measured by the difference between the total WTP and the price paid, summed over all nights. Producer welfare is the difference between the total revenue and the total cost, summed over all nights. Total welfare is the sum of consumer and producer welfare.

e) The optimal pricing strategy would be to set prices equal to each guest's individual maximum WTP for each night.

f) To calculate consumer, producer, and total welfare under the optimal pricing strategy, we need to determine the prices charged for each night and compare them to the maximum WTP.

g) The scenario with the optimal pricing strategy (charging each guest their maximum WTP) is likely to result in higher total surplus (consumer + producer welfare) compared to the uniform pricing scenario.

h) With uniform pricing, the guests who have a lower willingness to pay benefit from the lower price charged compared to their maximum WTP. This can be considered a transfer of surplus from the hotel (producer) to the consumers.

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Report (Softcopy) The report must be submitted during the presentation. The report should contain the following items: a) Introduction s b) Problem Statement Objectives Project description Algorithm (flowchart) f) Screen capture of the user interface and user manual

Answers

Creating a comprehensive report with the specified items is an important aspect of presenting a project. The report should provide a clear understanding of the project's context, objectives, and implementation. Here's an overview of the required items:

a) Introduction: The introduction sets the context for the project, explaining its purpose, relevance, and background information.

b) Problem Statement: Clearly state the problem that the project aims to address, outlining its significance and potential impact.

c) Objectives: Define the objectives the project aims to achieve, including specific goals and targets.

d) Project Description: Provide a detailed description of the project, outlining the methodology, techniques, and technologies used. Explain the project's architecture, data flow, and any unique features.

e) Algorithm (Flowchart): Present an algorithm or flowchart that demonstrates the logic or sequence of steps involved in the project's implementation.

f) Screen Capture of the User Interface and User Manual: Include screenshots or visuals of the user interface, showcasing the system's functionalities. Additionally, provide a user manual that explains how to navigate and utilize the system effectively.

These items ensure that the report covers the necessary aspects of the project, providing a comprehensive overview for the presentation. It is important to tailor the content and structure of the report to the specific project and audience requirements.

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Think about the life cycle (i.e., Introduction, Growth, Shakeout, Maturity and Decline) of the electric vehicle industry. What stage of the life cycle is the electric vehicle industry?

Answers

It’s in growth stage.

If a company mistakenly counts less items during a physical inventory than actually exist, how will the error affect the cost of merchandise sold?.

Answers

The error will be declared as overstated.

What is overstated?

If an account or a figure on an account is inflated, the amount represented on the financial statement will be more than it should be.

Auditors will question the board of directors of the corporation to explain why non-current assets in the accounts were exaggerated and not represented at their recoverable amount.

Preproduction expenses for the fiscal year 2010 were inflated by almost $4 million, totaling $55.4 million.

If an account or a figure on an account is inflated, the amount represented on the financial statement will be more than it should be.

The phrase "overstated" has two meanings when used by an accountant:

1. The reported sum is inaccurate, and

2. The amount that was reported exceeds what is true or accurate.

Another account will also have an inaccurate balance in a double-entry accounting or bookkeeping system.

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If a company mistakenly counts less items during a physical inventory than actually exist, how will the error affect the cost of merchandise sold?

Current Attempt in Progress Wilson Carla Vista is a leading producer of vinyl replacement windows. The company's growth strategy focuses on developing domestic markets in large metropolitan areas. The company operates a single manufacturing plant in Kansas City with an annual capacity of 500,000 windows. Current production is budgeted at 450.000 windows per year, a quantity that has been constant over the past three years. Based on the budget, the accounting department has calculated the following unit costs for the windows: The company's budget includes $5,400.000 in fixed overhead and $3,150,000 in fixed selling and administrative expenses. The windows sell for $150.00 each. A 2% distributor's commission is included in the selling and administrative expenses. windows sell for $150.00 each. A 2% distributor's commission is included in the selling and administrative expenses. (a1) Calculate variable overhead per unit and variable selling and administrative costs per unit. (Round answers to 2 decimal places, es. 15.25.)

Answers

The variable overhead per unit is $12 and the variable selling and administrative costs per unit is $6.99.

What are the variable overhead per unit and variable selling and administrative costs per unit for Wilson Carla Vista's vinyl replacement windows?

In order to calculate the variable overhead per unit and variable selling and administrative costs per unit, we need to analyze the given information. The total fixed overhead is $5,400,000, and the annual production budget is 450,000 windows. We can use these figures to calculate the fixed overhead cost per unit by dividing the total fixed overhead by the production quantity: $5,400,000 / 450,000 = $12 per unit.

Next, we know that the selling and administrative expenses include a 2% distributor's commission. Since the windows sell for $150 each, the commission would be 2% of $150, which is $3. Therefore, the remaining selling and administrative expenses without the commission would be $3,150,000 - $3 = $3,149,997.

To calculate the variable selling and administrative costs per unit, we divide the remaining selling and administrative expenses by the production quantity: $3,149,997 / 450,000 = $6.99 per unit.

In summary, the variable overhead per unit is $12, and the variable selling and administrative costs per unit is $6.99. These calculations help determine the cost components associated with each unit of the vinyl replacement windows produced by Wilson Carla Vista.

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In this excerpt from a novel published in 1899, the Pontellier family is spending their vacation in a small seaside community.

It was eleven o’clock that night when Mr. Pontellier returned from Klein’s hotel. He was in an excellent humor, in high spirits, and very talkative. His entrance awoke his wife, who was in bed and fast asleep when he came in. He talked to her while he undressed, telling her anecdotes and bits of news and gossip that he had gathered during the day. From his trousers pockets he took a fistful of crumpled bank notes and a good deal of silver coin, which he piled on the bureau indiscriminately with keys, knife, handkerchief, and whatever else happened to be in his pockets. She was overcome with sleep, and answered him with little half utterances.

He thought it very discouraging that his wife, who was the sole object of his existence, evinced so little interest in things which concerned him, and valued so little his conversation. Mr. Pontellier had forgotten the bonbons and peanuts for the boys. Notwithstanding he loved them very much, and went into the adjoining room where they slept to take a look at them and make sure that they were resting comfortably. The result of his investigation was far from satisfactory. He turned and shifted the youngsters about in bed. One of them began to kick and talk about a basket full of crabs. Mr. Pontellier returned to his wife with the information that Raoul had a high fever and needed looking after. Then he lit a cigar and went and sat near the open door to smoke it. Mrs. Pontellier was quite sure Raoul had no fever. He had gone to bed perfectly well, she said, and nothing had ailed him all day. Mr. Pontellier was too well acquainted with fever symptoms to be mistaken. He assured her the child was consuming at that moment in the next room. He reproached his wife with her inattention, her habitual neglect of the children. If it was not a mother’s place to look after children, whose on earth was it? He himself had his hands full with his brokerage business. He could not be in two places at once; making a living for his family on the street, and staying at home to see that no harm befell them. He talked in a monotonous, insistent way. Mrs. Pontellier sprang out of bed and went into the next room. She soon came back and sat on the edge of the bed, leaning her head down on the pillow. She said nothing, and refused to answer her husband when he questioned her. When his cigar was smoked out he went to bed, and in half a minute he was fast asleep. Mrs. Pontellier was by that time thoroughly awake. She began to cry a little, and wiped her eyes on the sleeve of her peignoir. Blowing out the candle, which her husband had left burning, she slipped her bare feet into a pair of satin mules at the foot of the bed and went out on the porch, where she sat down in the wicker chair and began to rock gently to and fro.

It was then past midnight. The cottages were all dark. A single faint light gleamed out from the hallway of the house. There was no sound abroad except the hooting of an old owl in the top of a water-oak, and the everlasting voice of the sea, that was not uplifted at that soft hour. It broke like a mournful lullaby upon the night.

The presentation of events suggests that the narrator likely intends for a reader to react to the passage with: ________________

a. indignation at the mistreatment of Mr. Pontellier
b. admiration of Mr. Pontellier’s range of skills
c. contempt for Mrs. Pontellier’s selfishness
d. sympathy for Mrs. Pontellier’s circumstances
e. concern for the well-being of the Pontellier children

Answers

The narrator wanted the readers to have sympathy for Mrs. Pontellier’s circumstances.

Mrs. Pontellier was already asleep when her husband came back. He woke him up and disturbed her sleep. Even when her husband said one of the children was sick, she told him that she wasn't sick but he never listened to her. Then she began crying

Also, the author's use of statements such as "The cottage was dark" and "it broke like a mournful lullaby upon the night" showed that the author wanted the readers to be sorrowful for Mrs. Pontellier.

In conclusion, the correct option is D.

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Answer:

c. contempt for Mrs. Pontellier’s selfishness

Explanation:

want is a trial balance​

Answers

Answer: A trial balance is a bookkeeping worksheet in which the stability of all ledgers are compiled into debit and savings account column totals that are equal. The typical purpose of producing a trial stability is to ensure the entries in a company's bookkeeping device are mathematically correct.

Explanation:

What that person above said luv^

Which of the following is NOT true about emergency funds?
a,They can keep you from borrowing money from friends and family.
b,They help remove the worry about expenses not in the budget.
c,They are used for anything listed on the budget.
d,They help you prepare for unexpected expenses.

Answers

Answer:

The answer is "They are used for anything listed on the budget."

The option that is NOT true about emergency funds is: c. They are used for anything listed on the budget.

What is emergency funds?

Emergency funds are usually not used for things that are planned and included in the budget. Instead, emergency funds are money saved specifically for unexpected expenses that you didn't plan for in your usual budget.

The reason for having an emergency fund is to have money saved for unexpected things that might happen, like when someone gets hurt and needs to go to the hospital or when a car or home needs fixing.  It can also help if someone loses their job or if something else happens that they didn't expect.

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In 2-5 paragraphs, discuss the process you would use to determine whether Internet resources are suitable and reliable sources of information.

Answers

Well it varies on the person and a lot of people use the Internet as a resource such as to google information of how to do something orrrr important information but then some other people use it to cheat or get answers.

The 'Balance Sheet' columns of a work sheet show a total Dr. of 44,000 and a total Crof $40,000. Which of the following must be true in this case? Multiple Choice Expenses shown in the income Statement' columns must total $44,000. Revenues shown in the 'Income Statement' columns must total $40,000 Liabilities shown in the 'Balance Sheet columns must total $44,000. Net loss must equal -$4,000, Net Income must equal $4,000,

Answers

The correct answer is: Net loss must equal -$4,000. In a balance sheet, the total debits should be equal to the total credits.

In this case, the total debit is $44,000 and the total credit is $40,000, resulting in a difference of -$4,000. This difference represents a net loss. The net loss indicates that the expenses exceed the revenues, resulting in a negative financial result for the period. Therefore, the correct statement is that the net loss must equal -$4,000. A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time. It presents a summary of the company's assets, liabilities, and shareholders' equity. The balance sheet follows the fundamental accounting equation, which states that assets equal liabilities plus shareholders' equity. The balance sheet is divided into two main sections: the assets section and the liabilities and shareholders' equity section. The assets section includes current assets (such as cash, inventory, and accounts receivable) and non-current assets (such as property, plant, and equipment). The liabilities and shareholders' equity section includes current liabilities (such as accounts payable and short-term debt) and long-term liabilities (such as long-term debt and deferred taxes), as well as shareholders' equity (including retained earnings and common stock).

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Managers are accountable to some stakeholders whose interests they represent. These

stakeholders are:

Customers

Employees

Owners

Shareholders

Society

Government


1. Conduct a research to explain how is management responsible to EACH of these stakeholders. [18 marks]


pls help me

Answers

Answer:

see explanation

Explanation:

Stakeholder is anyone interest in the operation of a company or affected by the decision of the company.

Each stakeholder has its own interest and this is listed below :

Customers

They expect to receive value for money out of the firm products or services.

Employees

They are looking up to management for better remuneration for their manpower.

Owners

They seeking a maximum return from their investment in the company. Management run the company on their behalf as stewards.

Shareholders

They also seek maximum return from their investment in the company.

Society

The community expects the company to be a good corporate citizen and improve the social factors of employment, sustainability and environmental issues

Government

The government expects the company to be tax compliant and to pay its dues on time.

what is the meaning of cost distortion?

Answers

Cost distortion happens when a commodity's price is not determined by market forces. When the overhead costs are not correctly allocated, these distortions also happen.

What is distortion effect?

The distortion produced by vacuum tubes, transistors, or digital circuitry is simulated via distortion effects. Before the development of digital audio technology, vacuum tubes were utilized in audio amplifiers. Today, they are still utilized in the amplifiers for musical instruments.

A alteration, twist, or exaggeration that alters the appearance of something makes it appear different from how it actually is. An image, a thought, or even an idea might be distorted. It would be inaccurate to claim that I never take out the trash.

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On March 1, Terrell & Associates provides legal services to Whole Grain Bakery regarding some recent food poisoning complaints. Legal services total $9,600. In payment for the services, Whole Grain Bakery signs a 8% note requiring the payment of the face amount and interest to Terrell & Associates on September 1. Required: For Whole Grain Bakery, record the issuance of the note payable on March 1 and the cash payment on September 1. (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

Answers

On March 1, Whole Grain Bakery issued a note payable to Terrell & Associates to settle legal services amounting to $9,600. The note had an 8% interest rate and was due on September 1. On September 1, Whole Grain Bakery made a cash payment to Terrell & Associates to settle the note and accrued interest.

On March 1, Whole Grain Bakery issued a note payable to Terrell & Associates as a means of payment for the legal services provided. The amount of the note payable is $9,600, which represents the total cost of the legal services. The issuance of the note payable signifies Whole Grain Bakery's obligation to repay the amount to Terrell & Associates along with interest.

To record the issuance of the note payable, we will debit the Notes Payable account for $9,600 to reflect the liability incurred by Whole Grain Bakery. At the same time, we will credit the Legal Services Revenue account for $9,600 to recognize the revenue earned by Terrell & Associates. On September 1, when the note becomes due, Whole Grain Bakery makes a cash payment to Terrell & Associates. To record this transaction, we will debit the Notes Payable account for $9,600 to eliminate the liability. Additionally, we need to account for the accrued interest. Since the note has an 8% interest rate, we can calculate the interest accrued over the period from March 1 to September 1. Assuming a 6-month period, the interest amount would be $9,600 * 8% * (6/12) = $384. Therefore, we will debit the Interest Expense account for $384 and credit the Cash account for $9,984 ($9,600 + $384) to complete the cash payment transaction.

The journal entries for these transactions are as follows:

March 1:

Debit: Notes Payable $9,600

Credit: Legal Services Revenue $9,600

September 1:

Debit: Notes Payable $9,600

Debit: Interest Expense $384

Credit: Cash $9,984

By recording these journal entries, we accurately account for the issuance of the note payable on March 1 and the subsequent cash payment on September 1, along with the accrued interest.

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