The accounting concept/principle beinga ppled when an ajustment is made is usually?
Answers
The accounting concept/principle being applied when an adjustment is made is usually matching revenue and expense. The matching principle, which states that expenses should be recorded in the same accounting period as revenue connected to those expenses, can be adhered to by making adjusting entries.
The Matching Principle's advantagesThe accrual accounting method's matching concept contributes to a more accurate depiction of a company's operations on the income statement.
Investors often prefer a normalized income statement that is smooth and continuous rather than a lumpy one that is disjointed. Investors have a better understanding of the real economics of the company by combining them.
However, it should be noted that it's crucial to consider both the income statement and the cash flow statement.
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Related Questions
Transcribed image text: 11 tof uestion When the strong dictatorial rule in Arlington unexpectedly collapsed due to the shocking death of the royal family in an explosion, the nation's economy experienced drastic changes. The laws became more restrictive, the country lost many locally produced resources and products, and the distribution of wealth became inequitable. The unexpected event that led to these changes can best be described as a(n) event. Select one: O a miracle O b. extinction Oc wild card O d. black swan O
Answers
The unexpected event that led to the collapse of the dictatorial rule in Arlington and resulted in significant changes in the nation's economy can be described as a "black swan" event.
The unexpected event that led to the collapse of the strong dictatorial rule in Arlington, resulting in drastic changes in the nation's economy, can best be described as a "black swan" event. A black swan event refers to an unpredictable and rare occurrence that has a major impact and is often retrospectively rationalized.
In this case, the shocking death of the royal family in an explosion caused significant disruptions, including more restrictive laws, loss of resources and products, and an inequitable distribution of wealth. The black swan event represents an unforeseen and highly influential incident that fundamentally altered the course of events in Arlington.
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explain socialism, capitalism and mixed economy with their features advantages and disadvantages
Answers
Suppose that a year of college has the following explicit costs: $17000 in tuition, $1000 in books and supplies, and $1500 for a computer. A year of college also has the following implicit cost: $35000 of foregone salary. A rational person would attend one year of college if the additional income and improved quality of life were worth how much
Answers
Answer:
A rational person would attend one year of college if the additional income and the improved quality of life were worth more than the cost of attending college for the year or more than $19,500
Explanation:
The given parameters are;
The tuition cost for a year of college = $17,000
The cost of books and supplies = $1,000
The cost for a computer = $1,500
The amount of forgone salary = $35,000
Therefore, the total cost for a year of college = $17,000 + $1,000 + $1,500 + $35,000 = $54,500
However, the amount by which a year in college exceeds the previous income = The cost of going to college $17,000 + $1,000 + $1,500 = $19,500
Therefore, a rational person would attend one year of college if the additional or extra income above the previous income and the improved quality of life were worth more than the cost of going to college for one year which is $19,500.
Red Robin Gourmet Burgers and Brews offers a tower of onion rings, a foot-high, vertical stack of about a dozen crispy onion rings served on a custom-made stand. This is an example of the company's:
Answers
A foot-tall, vertical stack of around a dozen crispy onion rings is available at Red Robin Gourmet Burgers and Brews, and it is served on a specially built stand. This is an illustration of a package designed by the business.
How does package design work?To make a product fit for marketing, packaging design combines shape, structure, materials, color, images, typography, and regulatory information.
A package designer's job descriptionThe entire design procedure is overseen by a package designer. By utilizing design aspects like shape, color, graphics, and typography, they envision, design, and implement a prototype for eye-catching packaging materials that are both functional and appealing to clients.
Which four forms of packaging are there?cardboard boxes Paperboard is a paper-based product that combines strength and lightness.
cardboard boxes. Cardboard is simply referred to as "corrugated boxes" in this context.
cardboard boxes
stiff boxes.
packaged in chipboard.
plastic bags
wrapped foil bags.
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Joseph is trying to select a new couch for his living room. As he looks at each couch at the furniture store, he tries to visualize how it would look in his living room at home. Joseph is using _____ to help him determine which couch to buy
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Joseph is using visualization to help him determine which couch to buy.
Joseph's process of visualization plays a crucial role in helping him determine which couch to buy for his living room. As he explores each couch at the furniture store, he actively engages his imagination to envision how it would look in his own living room. This mental exercise allows him to mentally place the couch within the context of his home environment, considering factors such as size, color, style, and how it complements his existing decor.
By visualizing the couch in his living room, Joseph can gauge whether it will harmonize with the overall aesthetic and layout of the space. He considers how the couch will fit in terms of dimensions, ensuring it neither overwhelms nor gets lost in the room. Joseph takes into account the color scheme, contemplating whether the couch will be a complementary or contrasting element within the existing palette.
Furthermore, visualization enables Joseph to assess the functionality and practicality of each couch. He imagines himself and his family members sitting, lounging, or entertaining on the couch, considering aspects like comfort, seating capacity, and usability. Joseph also envisions the placement of the couch, mentally arranging and rearranging furniture in his living room to find the optimal configuration.
Through this visualization process, Joseph is able to mentally project and assess the potential outcome of each couch in his living room. This aids him in making an informed decision based on his preferences, lifestyle, and the specific needs of his living space. By relying on his imaginative faculties, Joseph ensures that the chosen couch not only meets his aesthetic preferences but also seamlessly integrates into his living room, creating a cohesive and visually appealing environment.
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the theory advocates government intervention in highly capital-intensive, high entry-barrier industries in which domestic firms may have little chance without government assistance. group of answer choices product life cycle laissez faire strategic trade absolute advantage
Answers
The strategic trade theory advocates government mediation profoundly capital-serious, high passage obstruction businesses in which homegrown firms might have minimal possibility without government assistance. option (C) is correct.
Strategic trade is the control of the product, import, global travel, and parcel of specific wares to specific beneficiaries or for guaranteed end-utilizes/end-clients and in specific conditions.
Strategic trade policy (STP) is an administration strategy that endeavors to move overabundance benefits in oligopolistic global business sectors toward the nation of origin firms. For instance, a Chief at the same time seeking a specific degree of productivity and piece of the pie expansions in new developing markets.
Therefore, option (C) is correct.
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This question is not complete, Here I am attaching the complete question:
The theory advocates government intervention in highly capital-intensive, high entry-barrier industries in which domestic firms may have little chance without government assistance. group of answer choices product (A) life cycle
(B) laissez faire
(C) strategic trade
(D) absolute advantage
Juan is a young sales professional. He should feel that he is at a disadvantage because his
compensation is tied to his performance. T/F
Answers
Juan should not feel that he is at a disadvantage because his compensation is tied to his performance. In fact, having compensation tied to performance can be seen as an advantage for a sales professional. This statement is false.
Here's why:
Incentive for high performance: Tying compensation to performance creates a strong incentive for sales professionals to excel and achieve their targets. Knowing that their efforts directly impact their earnings motivates them to work harder and strive for success.
Reward for exceptional performance: With performance-based compensation, sales professionals have the opportunity to earn higher rewards when they exceed their targets or perform exceptionally well. This can provide a sense of accomplishment and financial satisfaction.
Control over earnings: Performance-based compensation gives sales professionals a certain level of control over their earnings. By putting in the effort, honing their skills, and effectively closing deals, they have the ability to increase their income potential.
Clear measurement of success: Performance-based compensation provides a clear and measurable indicator of success. Sales professionals can track their progress, identify areas for improvement, and set goals to increase their earnings.
While there may be risks associated with performance-based compensation, such as the possibility of not meeting targets or facing variability in income, it is generally considered a fair and rewarding system for sales professionals. It aligns their efforts with organizational goals and provides opportunities for growth and financial success based on their performance.
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Business
12 questions please help!!
Answers
Answer:
Fill in the blanks
Explanation:
Answer: 1. Unsecured loans 2. Business credit card 3. Unsecured loan 4. Small Business Investment Companies 5. Reserve Fund 6. Routine 7. Operating costs 8. Secured loan 9. Commercial Debt Financing 10. Small Business Administration 11. Sound 12. Venture Capital Firm
Explanation:
Which of the following statements about GDP is correct?
(i) Nominal GDP is the aggregate value of all final goods and services at current prices, whereas real GDP is the aggregate value of all final goods and services at constant prices.
(ii) Nominal GDP is the aggregate value of all final goods and services at constant prices, whereas real GDP is the aggregate value of all final goods and services at current prices.
(iii) Nominal GDP is the aggregate value of the production measured by the cost of all the resources used in the production process, whereas real GDP is the aggregate value of the production at market prices.
(iv) Nominal GDP is the aggregate value of the production at market prices, whereas real GDP is the aggregate value of the production measured by the cost of all the resources used in the production process.
Answers
(i) Real GDP is the sum of all final goods and services valued at constant prices as opposed to nominal GDP, which is the total worth of all final goods and services at current prices.
Real GDP: What is it?A country's actual gross domestic product (GDP), which is inflation-adjusted, is used to calculate the total annual output of goods and services for that country. Prices from the base year are used to express real GDP.
It is also known as GDP adjusted for inflation, GDP adjusted for constant dollars, and GDP adjusted for constant prices. In its most basic form, real GDP gauges a nation's total output while taking price fluctuations into account.
What is the nominal GDP?
When someone uses the phrase nominal gross domestic product, they're referring to GDP calculated using today's market values. GDP measures a nation's total output of goods and services in terms of money. Because price changes brought on by inflation are not included in nominal GDP, it differs from real GDP.
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what did not contribute to the collapse of the stock market in 1929?
Answers
Answer: stock prices reflected the real value of companies
Explanation:
For each of the following auto regressive processes below: (a) Yt=Yt-1 + Et (b) ytt-1 + Et = (c) Yt=Yt-1+Y₁-2 1-2 + Et (d) Yt=Yt-1+Yt-2 + Et (e) Yt=Yt-1+Yt−2+ Et (f) Yt Yt-1 - Yt-2 + Et = (i) Rewrite the process in matrix form (ii) Compute the relevant eigenvalues (iii) Based on your results, determine whether each process {y} is stationary?
Answers
(a), (b), (c), (d), and (f) are non-stationary processes, while (e) is stationary. The stationarity of a process is determined by the eigenvalues of the associated matrix. If any eigenvalue has a modulus equal to 1, the process is non-stationary.
To analyze the stationarity of each auto-regressive process and represent them in matrix form, we'll rewrite the processes and compute the relevant eigenvalues.
\((a) Yt = Yt-1 + Et\)
(i) Matrix form:
\([1 0] [Yt-1] + [Et] = [Yt]\)
(ii) Eigenvalues:
The matrix [1 0] has a single eigenvalue of 1.
(iii) Stationarity:
Since the eigenvalue is equal to 1, this process is non-stationary.
(b) \(Yt-1 + Et = Yt\)
(i) Matrix form:
\([0 1] [Yt-1] + [Et] = [Yt]\)
(ii) Eigenvalues:
The matrix [0 1] also has a single eigenvalue of 1.
(iii) Stationarity:
Similar to the previous process, this one is non-stationary as well.
\((c) Yt = Yt-1 + Y₁-2 1-2 + Et\)
(i) Matrix form:
\([1] [Yt-1] + [0] [Y₁-2] + [Et] = [Yt]\)
(ii) Eigenvalues:
The matrix [1] has a single eigenvalue of 1.
(iii) Stationarity:
As with the previous processes, this one is non-stationary due to the eigenvalue being equal to 1.
\((d) Yt = Yt-1 + Yt-2 + Et\)
(i) Matrix form:
\([1 1] [Yt-1] + [0 1] [Yt-2] + [Et] = [Yt]\)
(ii) Eigenvalues:
The matrix [1 1; 0 1] has a single eigenvalue of 1.
(iii) Stationarity:
Again, the process is non-stationary as the eigenvalue is equal to 1.
\((e) Yt = Yt-1 + Yt-2 + Et\)
(i) Matrix form:
\([1 0 1] [Yt-1] + [0 0 1] [Yt-2] + [Et] = [Yt]\)
(ii) Eigenvalues:
The matrix [1 0 1; 0 0 1] has eigenvalues of 1 and 0.
(iii) Stationarity:
Since one of the eigenvalues is equal to 0, this process is stationary.
\((f) Yt Yt-1 - Yt-2 + Et = 0\)
(i) Matrix form:
\([1 -1 1] [Yt-1] + [0 1 0] [Yt-2] + [Et] = [0]\)
(ii) Eigenvalues:
The matrix [1 -1 1; 0 1 0] has eigenvalues of 1, 1, and -1.
(iii) Stationarity:
As all eigenvalues have modulus equal to 1, this process is non-stationary.
In summary:
(a), (b), (c), (d), and (f) are non-stationary processes, while (e) is stationary. The stationarity of a process is determined by the eigenvalues of the associated matrix. If any eigenvalue has a modulus equal to 1, the process is non-stationary.
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in identifying a best-selling item, advertisers are hoping to appeal to which psychological trigger?
Answers
Advertisers want to trigger the psychological effect of social proof when recognising a best-selling product.
According to the concept of "social proof," people are more inclined to adopt a specific behaviour or belief if they observe that others are already doing so. An advertiser uses social proof to sway consumer behaviour when they portray a product as a best-seller. The advertising implies that the product is a good choice by showcasing its popularity by pointing out how many people have already made the same decision. This fosters a sense of security and lowers the perceived risk of making a transaction, increasing the likelihood that the customer would acquire the good. Advertisers can produce a potent psychological impact by appealing to the psychological trigger of social proof.
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how do you become popular
Answers
Answer:
Spread the word; advertisements
Explanation:
In order to get popular you need to spread the word about your business, you needadvertisementst,s and sometimes even create your own website. Some website makers include Wix.
language remains a significant challenge to businesses operating on a global scale.
a. true
b. false
Answers
The statement that "language remains a significant challenge to businesses operating on a global scale" is true. When businesses operate on a global scale, they interact with people from different cultures and languages, and language barriers can make communication difficult.
This can lead to misunderstandings, mistakes, and lost opportunities. In addition, language differences can also affect marketing efforts, as messages that are clear and effective in one language or culture may not translate well to another. Therefore, businesses need to invest in language training and translation services to overcome these challenges and succeed in a global market.
a. true Language remains a significant challenge to businesses operating on a global scale, as it can impact communication, negotiation, and collaboration. Effective language management is crucial for success in international markets.
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QUESTION 1/10
A loss is when:
Ce
A. Revenue is greater than expenses.
C. Revenue is equal to expenses.
B. Revenue is less than expenses.
D. None of the above.
Answers
Answer:
B. Revenue is less than expenses
Explanation:
Business loss is a condition that arises when a business fails to earn enough income to pay all of its operating expenditures. A business loss might result from routine business operations or from an unusual occurrence that disrupts business operations. A business loss is recorded in an income statement by auditors. A typical operational loss occurs when a corporation loses more money than it earns within a certain time.
A taxi charges $2. 50 for the first mile and $0. 40 for each mile after that. The expression below shows how to find the total cost, in dollars, of a 20-mile taxi ride. 2. 50 0. 40 (20 minus 1) What is the cost of the ride? $9. 50 $10. 10 $55. 10 $58. 0.
Answers
can anybody help me please i will mark brainlyest
Answers
and electrical light
Explanation:
telephone: it allowed for instant
communication, communication by voice,
and it paved the way for future inovations
in telephone technology.
engine: it was powered by gas and air,
which made it impractical for widespread
public use.
light: Electric lights allowed factories to stay
open longer and produce more goods.
Agency problems are most likely to be associated with?
Answers
Agency troubles are most likely to be related with corporations. Agency troubles is the problem of interest inherent between the interest of two party in a corporation.
What is corporation?Corporation is the legal structure that creates with the laws and regulation of its state of incorporation. Specific states have the authority to make an effect of the law.
They can create, dismiss, organization and dissolution of any law within the state of corporation. Many states follow the Model Business Corporation Act.
Thus, Agency troubles are most likely to be related with corporations.
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Gordon asks Nina to paint his room purple for him for $150. Nina says she will try to get to it this week. Nina goes and gets purple paint and paints Gordon’s room. Do they have a contract?
Multiple Choice
No, Nina did not say she accepted the offer.
Yes, but only if Gordon likes the color of paint.
Yes, but only if Gordon likes how Nina painted the room.
No, there was no offer for Nina to accept.
Yes, Nina accepted the unilateral contract by buying the paint and painting the room.
Answers
Yes, Nina accepted the unilateral contract by buying the paint and painting the room.
A unilateral contract is a contract where one party makes an offer that the other party can accept only by actually doing something. In this case, Gordon made an offer to Nina to paint his room for $150. Nina did not explicitly accept the offer, but by going out and purchasing the purple paint and painting the room, she demonstrated her acceptance of the offer.
Gordon asks Nina to paint his room purple for him for $150. Nina says she will try to get to it this week. Nina goes and gets purple paint and paints Gordon’s room.
Therefore, they have a contract, and Nina is entitled to receive the $150 payment from Gordon for completing the painting job.
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Top notch consultants ltd has a fixed cost is sh 15000 for it's products and a variable cost given by 140+0.04x shillings per unit, where x is the total number of units and the selling price of the product is given by 300-6x shillings per unit. Formulate the function of the total cost and total revenue.Find the break even point.
Answers
Answer:
F(x) = 15000 + (140 + 0.04x)
F(x) = 300 - 6x
15000 ÷ (300 - 6x - (140 + 0.04x))
Explanation:
Given that :
Fixed cost = 15000
Variable cost = 140+0.04x
Selling price = 300 - 6x
Number of units = x
Total cost :
Fixed cost + variable cost
15000 + (140 + 0.04x)
Total revenue :
300 - 6x
F(x) = 300 - 6x
Break even point :
Total cost = total revenue
Break even point (units) :
Fixed cost ÷ (selling price per unit - variable cost per unit)
15000 ÷ (300 - 6x - (140 + 0.04x))
Which of the following is not the process of financial management? A Evaluating financial status B Setting goals C Record monthly expenses D Creating financial plan
Answers
Answer:
C) Record monthly expenses
Explanation:
Which account will appear in the sales ledger?
A- Gill, a credit customer
B- Sales return
C-Sales
D- Dan, a credit supplier.
Answers
Answer:
A- Gill, a credit customer
Explanation:
A journal entry involves the process of keeping the records of business transactions made by an organization.
Journal entries are mainly used by bookkeepers and accountants. Ideally, it is important that a journal has all of following informations; date, reference number, debit balance, credit balance and transaction description.
A sales ledger can be defined as an accounting book that comprises of the individual account of each customer of a business firm and records the money received for goods or services purchased, whether the payment has been received or not.
Simply stated, a sales ledger sequentially records all sales that have taken place in a business, whether or not payment have been received.
This ultimately implies that, a sales ledger contains accounting information on all sales transaction made by a company including, money received for its goods and services and money owed by its customers.
Hence, the account which will appear in the sales ledger is that of Gill, a credit customer.
Tailoring a company's business model to accommodate the unique local circumstances of developing countries is best exemplified by:______________
A. Tata Motors' number one ranking in J. D. Power Asia Pacific's annual new-vehicle overall quality category.
B. Home Depot's reliance on its value propositions only in some developing countries.
C. Unilever's development of a low-cost detergent, named Wheel, for the Indian market.
D. Apple's reputation for competitive strength in consumer electronics.
E. Dell's entry into China by deviating from its traditional Internet-based orders to accommodate orders over phone and fax.
Answers
The best example of tailoring a company's business model to accommodate the unique local circumstances of developing countries is Unilever's development of a low-cost detergent named Wheel for the Indian market.
Unilever recognized that the majority of Indians are price-sensitive, and therefore, launched Wheel, which was more affordable than its other detergent brands. By doing so, Unilever was able to capture a significant market share in India. The success of Unilever's Wheel can be attributed to its ability to cater to the local market's needs and preferences. Unilever recognized that Indians generally wash their clothes by hand, and therefore, Wheel was designed to produce a significant amount of lather with minimal effort. Additionally, the detergent was created to remove tough stains, which is a common problem in India due to the country's climate and lifestyle.
Furthermore, Unilever's marketing strategy for Wheel was also tailored to the local market. For instance, the company used Bollywood celebrities in its advertisements to appeal to the Indian audience. This marketing strategy was successful, as it helped increase brand awareness and acceptance of Wheel in the Indian market. In conclusion, Unilever's development of Wheel is the best example of tailoring a company's business model to accommodate the unique local circumstances of developing countries. The success of Wheel demonstrates the importance of understanding local market needs and preferences and adapting business strategies accordingly.
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3 things to consider when picking a bank
Answers
2. Fees..
3. Ease of deposit
Brad is a sales representative for a Kettle Chips and is preparing for a Super Bowl promotional campaign. He's contacting each of his grocery and convenience accounts with an opportunity to install an end-of-aisle display with graphics of the Super Bowl teams and a display of several varieties of chips. This is known as _____, a type of trade-oriented promotion.
Answers
Answer:
point-of-purchase advertising.
Explanation:
In this scenario, Brad is contacting each of his grocery and convenience accounts with an opportunity to install an end-of-aisle display with graphics of the Super Bowl teams and a display of several varieties of chips.
Hence, this is known as point-of-purchase advertising, a type of trade-oriented promotion.
A point of purchase advertising can be defined as a marketing strategy used by retailers, which typically involves the placement of end user goods e.g graphics of the Super Bowl teams strategically placed in a supermarket aisle for retail customers.
______ provide for an orderly repayment of a bond issue, reduce the risk that the bond will not be repaid, and help to support the market price of the bond.
Answers
Sinking funds provide for an orderly repayment of a bond issue, reduce the risk that the bond will not be repaid, and help to support the market price of the bond.
A sinking fund is a collection of funds that have been put up or saved to pay off bonds or debts. A corporation that issues debt will eventually have to pay that debt back, and the sinking fund lessens the burden of a significant outlay of revenue.
An economic entity creates a sinking fund by gradually withholding income in order to pay for long-term debt repayment or upcoming capital expenses.
Don't be misled by the phrase "sinking," which seems to be a bad thing. The word "sinking fund" is used in more conventional contexts to describe funds placed aside to pay off long-term debt, such as a bond. The phrase "sinking" probably alludes to the amount of debt that is still owed as time goes on.
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"A" represents the new quantity demanded, while "B" represents the new quantity supplied.
1. What is the result of these changes?
a) equilibrium
b) excess supply
c) excess demand
2. Based on this graph, what will prices most likely do?
a) rise
b) fall
c) stay the same
**PLEASE INCLUDE EXPLANATION
Answers
Answer:
caExplanation:
because it is possible in the graph only
Answer:
1.) Excess supply
2.) Fall
Explanation:
Edge
Paid part-time receptionist for two weeks'salary including the amount owed on April 30, $750 4. At the end of May, the following adjustment data were assembled. Analyze and use these data to complete parts (5) and (6). (A) Insurance expired during May is $275. (B) Supplies on hand on May 31 are $715. (C) Depreciation of office equipment for May is $330. (D) Accrued receptionist salary on May 31 is $325. (E) Rent expired during May is $1,600. (F) Unearned fees on May 31 are $3,210.
Answers
By making these adjusting entries, the accounts will reflect the correct balances and the financial statements will accurately represent the company's financial position and performance for the month of May.
Calculate the adjusted balances for the relevant accounts as of May 31:
(A) Insurance Expense: The expired insurance for May is $275, which should be recognized as an expense for the month.
(B) Supplies Expense: The supplies on hand on May 31 amount to $715. To determine the supplies used during the month, we need to compare the ending balance with the beginning balance or previous records.
(C) Depreciation Expense: The office equipment has depreciated by $330 during May, and this depreciation expense needs to be recognized.
(D) Accrued Receptionist Salary: The accrued receptionist salary on May 31 is $325, which should be recorded as an expense since the work has been performed but not yet paid.
(E) Rent Expense: The rent expired during May is $1,600, and this amount should be recognized as an expense for the month.
(F) Unearned Fees: The unearned fees on May 31 amount to $3,210, indicating that some of the fees received in advance need to be recognized as revenue now that the services have been provided.
Prepare the necessary adjusting journal entries based on the adjustment data:
(A) Debit Insurance Expense $275 and credit Prepaid Insurance $275.
(B) Debit Supplies Expense (amount used) and credit Supplies $715.
(C) Debit Depreciation Expense $330 and credit Accumulated Depreciation $330.
(D) Debit Salary Expense $325 and credit Accrued Salaries $325.
(E) Debit Rent Expense $1,600 and credit Prepaid Rent $1,600.
(F) Debit Unearned Fees $3,210 and credit Service Revenue $3,210.
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This question is related to typical business accounting practices, specifically related to end-of-month adjustments. We analyzed and explained each adjustment including insurance, supplies, depreciation, accrued salary, expired rent, and unearned fees.
Explanation:Firstly, it should be noted that the information provided is related to accounting and it describes typical end-of-month adjustments that are made in business accounting. These adjustments are necessary to prepare an Accrual Basis Income Statement for the month of May.
Let's analyze each adjustment: (A) Insurance expired during May is $275, meaning that $275 of the prepaid insurance has been used up. (B) Supplies on hand on May 31 are $715, this indicates that the supplies account needs to be adjusted to this amount. (C) Depreciation on office equipment for May is $330, this needs to be reflected as an expense and a decrease in office equipment. (D) The accrued receptionist salary on May 31 is $325. This is a wage expense that was incurred but not yet paid. (E) The rent that expired during May is $1,600, this will be recorded as rent expense. (F) Unearned fees on May 31 are $3,210, these are fees which were charged ahead of time but the service was not fully provided yet.
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PLEASE HELP ME I WILL GIVE BRAINLIEST!!!!!!!!!
Explain three ways a business can obtain reliable research on the needs, wants, and buying motivations of its target market.
Answers
To make smart decisions for themself and the company
By promoting/ selling the products
By making more money and sales
please mark brianliest, rate, thanks, commnet.
yours,
fellow brainiac
Three ways a business can obtain reliable research on the needs, wants, and buying motivations of its target market.
By keeping a look at trends and preferencesBy keeping surveys about customer tasteBy finding loopholes in the market process.What is research?Research refers to deep investigations of the data and information available to provide credentials with facts and figures to provide results that will utilize for the new research.
Reliable research will be done through credential sources or direct interaction with the customers to know their tastes which helps in meeting tehir needs and wants and making improvements in the product.
This information can be obtained from analyzing the trends and preferences in the market which helps bsuines to know what is popular among people and make assumptions based on it.
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saddleback company paid off $41,000 of its accounts payable in cash. what would be the effects of this transaction on the accounting equation?
Answers
Saddleback Company recently paid off $41,000 of its accounts payable in cash would increase the effects on the accounting equation.
This transaction had a significant effect on the accounting equation, as it increased the company’s cash balance by the same amount.
This led to a decrease in the company’s liabilities, as well as a decrease in the company’s equity, since liabilities and equity must always be equal.
Therefore, the accounting equation can be expressed as:
Assets = Liabilities + Equity.
In this case, Assets increased by $41,000, while Liabilities and Equity decreased by $41,000 each.
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