the securities and exchange commission has mandated that companies use which interactive data format ?

Answers

Answer 1

The Securities and Exchange Commission (SEC) has mandated that companies use the eXtensible Business Reporting Language (XBRL) as the interactive data format for financial reporting.

Some important points about this are:

XBRL is a standardized, computer-readable format for financial reporting that allows financial information to be easily analyzed and compared across different companies and industries. It is designed to improve the accuracy and reliability of financial reporting, reduce the costs and time associated with financial analysis, and increase transparency and accessibility of financial information.The SEC first mandated the use of XBRL for financial reporting in 2009, and since then, the use of XBRL has become widespread in the US and other countries. Today, companies must file financial reports in XBRL format with the SEC, including quarterly and annual reports, proxy statements, and registration statements.

In summary, the SEC has mandated the use of XBRL as an interactive data format for financial reporting by companies. This requirement has been in place since 2009 and is designed to improve the accuracy, reliability, and accessibility of financial information.

See more about Securities and Exchange Commission at https://brainly.com/question/3315340.

#SPJ11


Related Questions

List three security measures businesses can use to help safeguard information stored in the computer systems

Answers

Answer:

First of all, a company should establish policies that require strong passwords. it is also necessary to establish policies requiring periodic updates. Another strong security measure is to set up a firewall that helps to control data traffic, both incoming and outgoing. Antiviruses are necessary. Private users need them as well as businesses.

One benefit of repeating the self improvement process is that you can ______.
a.
Pay lower fees to plan and maintain the new goal
b.
See everything with fresh eyes
c.
Use skills and information from previous goals
d.
Reduce the time spent improving at work


Please select the best answer from the choices provided

A
B
C
D

Answers

One benefit of repeating the self improvement process is that you can Use skills and information from previous goals. They can endeavour to the strengthen their areas of weakness and become better people.

Repetition of the self-improvement process improves previously acquired skills. They can employ those abilities to accomplish their present objectives. The person's abilities benefit improve as a result of their increased self-awareness. Personal qualities are acknowledged as soft talents that are challenging to teach (although not impossible). They are also referred to as "people skills" or interpersonal skills. Dependability, flexibility, drive, problem-solving, and analytical abilities are a few examples.

To learn more about improvement, click here.

https://brainly.com/question/3283328

#SPJ1

a.
b.
C.
Effective exchange rates capture a nation's bilateral exchange rates with its most important trading partners in a single index. According to the authors, what is the main reason for creating such indexes? (2 marks)
What were the main drawbacks of Canada's previous index [Canadian-dollar effective exchange rate index (CERI)]? (4 marks)
Explain how this new Canadian Effective Exchange Rate (CEER) accounts for the fact that Canada's share of the U.S. import market continues to decline despite the recent large depreciations of the Canadian dollar (CAD) against the U.S. dollar. (4 marks)

Answers

a. Effective exchange rate indexes are created to assess a nation's currency value against key trading partners. b. Limitations are narrow focus, exclusion of emerging markets. c. The new Canadian Effective Exchange Rate (CEER) incorporates bilateral trade weights.

The main reason for creating effective exchange rate indexes is to provide a comprehensive measure of a nation's currency value against its most important trading partners, allowing for a broader assessment of competitiveness and the impact of exchange rate fluctuations on trade.

The main drawbacks of Canada's previous Canadian-dollar effective exchange rate index (CERI) included its narrow focus on a limited number of trading partners, excluding emerging markets, and its failure to consider the changing trade patterns and weights of different countries over time. Additionally, the CERI did not adequately reflect the impact of exchange rate movements on competitiveness, as it was not trade-weighted.

The new Canadian Effective Exchange Rate (CEER) accounts for the decline in Canada's share of the U.S. import market despite the depreciations of the Canadian dollar by incorporating bilateral trade weights. By assigning appropriate weights to Canada's trading partners based on their share of Canadian exports, the CEER captures the changing trade patterns more accurately.

This allows for a more nuanced assessment of competitiveness, reflecting the fact that even with depreciations against the U.S. dollar, Canada's overall competitiveness may be affected by shifts in trade flows with other countries.

To know more about market, here

https://brainly.com/question/15483550

#SPJ4

--The complete question is, a. Effective exchange rates capture a nation's bilateral exchange rates with its most important trading partners in a single index. According to the authors, what is the main reason for creating such indexes? (2 marks)

b. What were the main drawbacks of Canada's previous index [Canadian-dollar effective exchange rate index (CERI)]? (4 marks)

c. Explain how this new Canadian Effective Exchange Rate (CEER) accounts for the fact that Canada's share of the U.S. import market continues to decline despite the recent large depreciations of the Canadian dollar (CAD) against the U.S. dollar. (4 marks)--

Which statement is true about an annual percentage rate (APR)? (1 point)
O It is equal to the interest rate times the principal.
O It is of little interest to the average borrower.
O
It is reduced every time you make a payment.
O It is a simple way to compare all the various elements of different loans.

Answers

The truth that can be said about the APR is that It is a simple way to compare all the various elements of different loans.

What is the APR?

This is the term that is used to refer to the annual percentage rate. The annual percentage rate can be described as the cost that has to be paid in order to borrow money.

This payment is known to be expressed as a percentage. It is inclusive of fees and it is a bigger measure of the cost that a person would have of borrowing money that have gotten as a loan.

This is not just the interest that is to be paid on the loan that is to be taken by the borrower.

This amount is known to also have to carry the fees that a person would have to add as well to the interest rate that they are to pay for the borrowing that is to be done.

he cost you pay each year to borrow money, including fees, expressed as a percentage. The APR is a broader measure of the cost to you of borrowing money since it reflects not only the interest rate but also the fees that you have to pay to get the loan.

Read more on APR here: https://brainly.com/question/2772156

#SPJ1

Answer: 1. It is a simple way to compare all the various elements of different loans.

2. It is the amount you borrow.

3. The rate can go up or down, depending upon the index it is tied too.

4. It is the amount of time after a purchase and before it starts accruing interest.

5. more than $10,000

Explanation: I took the same quick check and got 100%, hope it helps!

Some companies positively harness the power of rumors to multiple choice instill false confidence in investors. replace formal communications. create buzz about a new product launch. deflect interpersonal conflicts. achieve the boundaryless organization.

Answers

Some companies positively harness the power of rumors to create buzz about a new product launch. Option C. This is further explained below.

What are rumors?

Generally, rumor is simply defined as a tale or report that is now doing the rounds but whose veracity is questionable.

In conclusion,  In certain cases, corporations use the power of rumors to promote a new product introduction.

Read more about rumors

https://brainly.com/question/13651248

#SPJ1

A student in public administration wants to determine the mean amount members of city councils earn. The error in estimating the mean is to be less than $100 with a 99% level of confidence. The student found a report by the department of labor that estimated the standard deviation to be $1000. What is the required sample size?

Answers

Answer:

663.58

Explanation:

From the problem:

E, the maximum allowable error, is $100

The value of z for a 99 percent confidence level is 2.576

Estimate of standard deviation is $1,000.

n = [(z x s)/ E] ^ 2

n = [(2.576 x 1000) / 100}^2

= 25.76^2

=663.58

both dual enrollment and AP courses offer the following possibilities except that

Answers

AP gives you a higher grade point average. Although, Duel Enrollment just requires you to pass the class but AP requires the test to be taken and passed to count towards college education.

suppose that a country has a gdp of $3 billion, no autonomous consumption, and total consumption of $2.65 billion. the marginal propensity to consume in this economy is . give your answer to two decimals.

Answers

Suppose that a country has a gdp of $3 billion, no autonomous consumption, and total consumption of $2.65 billion. the marginal propensity to consume in this economy is .0.88.


How to find the marginal propensity to consume?

Using this formula  to find the marginal propensity to consume

Marginal propensity to consume = Total consumption /D=Gdp

Let plug in the formula

Marginal propensity to consume = $2.65 billion / $3 billion

Marginal propensity to consume = 0.88

Therefore the marginal propensity to consume is 0.88.

Learn more about marginal propensity to consume here:https://brainly.com/question/20376297

#SPJ1

the introduction of a new technology that increases the productivity of labor will: multiple choice increase the supply of labor. decrease the supply of labor. increase the demand for labor. decrease the demand for labor

Answers

The introduction of a new technology that increases the productivity of labor will increase the demand for labor.

Technological development widens an economy's production potential frontier by raising the productivity of factors of production, such that the same amount of output may be generated with fewer resources, or more output can be produced with the same number of resources.Increased availability of some technology may raise labor demand. Technology that functions as a supplement to labor will raise demand for specific forms of labor, causing the demand curve to move to the right.Technology has a huge impact on businesses, both in terms of upgrading existing commodities and inventing new manufacturing methods. Businesses profit from technology because it enables them to create in greater quantities, produce more consistently, and be more cost-effective.

Thus the correct option is C.

Refer here to learn more about demand: https://brainly.com/question/1245771

#SPJ4

In general, progressives differed from labor and farm advocates because the progressives:________

Answers

In general, progressives differed from labor and farm advocates because the progressives were mostly middle-class urban reformers.

What are progressives?

Progressives advocate for increased social and economic equality as well as advancement in feminism and homosexual rights. They also support government-run social programs, and they want social movements to have more influence in the US.

What philosophies did Progressives hold?

Progressives were those who supported the notion of human advancement and the virtues of democracy. They believed that society should be built on the idea of human rights and that it is the responsibility of the state to ensure the wellbeing of its citizens.

know more about democracy - brainly.com/question/21256069

#SPJ4

When mcdonald's studies the drive-through operations of burger king, they are engaging in: group of answer choices delphi benchmarking. Competitive benchmarking. Process benchmarking. Six sigma

Answers

When mcdonald's studies the drive-through operations of burger king, they are engaging in Competitive benchmarking.

What, using an example, is competitive benchmarking?

The technique of using a range of measures to compare your brand's success to that of its rivals and the market at large is known as competitive benchmarking. In essence, it gives you a sense of where you stand within your sector. Comparing your competitors' social media reach or engagement as an example of competitive benchmarking. This enables you to determine whether you reach more, fewer, or the same number of people as your competitors and how successfully your social media techniques are reaching your target demographic.

To know more about Competitive benchmarking visit:

https://brainly.com/question/15572505

#SPJ1

The return on the Rush Corporation in the state of recession is estimated to be -22% and the return on Rush in the state of boom is estimated to be 31%. The return on the Oberman Corporation in the state of recession is estimated to be 42% and the return on Oberman in the state of boom is estimated to be -15%. Given this information, what is the covariance between Rush and Oberman if there is a 0. 60 probability that the economy will be in the state of boom and an 0. 40 probability that the economy will be in the state of recession. Place your answer in decimal form and not as a percentage

Answers

Based on the return on Rush Corporation at different phases of the economy, and that of the Oberman Corporation, the covariance between both companies is -0.079.

What is the covariance between Rush and Oberman Corporation?

First find the returns on both companies:

Rush Corporation:

= (0.60 x -22%) + (0.4 x 31%)

= 0.4%

Oberman Corporation:

=  (0.60 x 42%) + (0.4 x -15%)

= 19.2%

The Covariance is:

=  0.6 x (-0.22 - 0.004)  x (0.42 x 0.192) + 0.4 x (0.31 - 0.004) x (-0.22 – 0.1780)

= -0.079

Find out more on Covariance at https://brainly.com/question/13073632.

2 Consider Figure 2.11. Undertake a similar exercise for different markets (e.g. Germany, United
States, China) and reflect on the implications of the brand positioning in terms of facilities and
services on board.

Answers

Brand positioning gives customers the reasons to buy one product over another.

How is branding important?

It should be noted that brand positioning can be affected by aspects such ad style and, brand personality, customer types, and company reputation

A brand positioning statement is the description of your target market that includes a holistic picture of how you will like your brand to be perceived by customers.

You can use brand positioning to influence what a consumer thinks of your product or brand. Then the resulting consumer mental image has an impact on purchasing decisions.

Learn more about branding on:

https://brainly.com/question/24456504

#SPJ1

A vegetable farmer wishes to switch to a combination of trees and vegetables (agroforestry) on several hectares of her land to reduce erosion and to diversify what she grows. She needs to assess whether her land can produce as much income by growing two crops instead of one. The farmer estimates that the new tree crop would cover 40 percent of her fields, with the vegetable crop covering the other 60 percent. Which equation should she use to calculate how much total income she would get from using the new two-crop plan

Answers

The best equation to show her the income from her plan is (( Tree income per hectare) x total hectares x 0.4) + (( Vegetable income per hectare) x total hectares x 0.6)

Finding the income from trees

Trees will cover 40% of the field. The income would be

= Amount earned from trees per hectare x Number of hectares used by trees

Number of hectares used by trees = 40% x Total number of hectares

Income from trees will be:

= Amount earned from trees per hectare x 40% x Total number of hectares

= Tree income per hectare x 0.4 x Total hectares

Income from vegetables

Applying the same method as above:

= Amount earned from vegetables per hectare x 60% x Total number of hectares

= Vegetable income per hectare x 0.4 x Total hectares

Total income

= Sum of both

= (( Tree income per hectare) x total hectares x 0.4) + (( Vegetable income per hectare) x total hectares x 0.6)

Find out more on benefits of diversification at https://brainly.com/question/14081320.

What is an appraisal? Why is it usually included in the closing costs for buying a home?

Answers

The procedure through which a real estate evaluator attempts to discover the fair market value of a home is called a home appraisal. They are frequently used to calculate property taxes, appraisals are typically required in regions.

What is the closing cost?

Additional expenses and charges that must be paid at the end of a transaction in real estate that is not included in the property's purchase price is referred to as Closing cost.

A home appraisal is employed to determine a property's worth. Lenders impose these fees in exchange for approving your loan.

Prior to comparing a home to actually acquired properties in the local housing market, licensed real estate evaluators to look at its features and state.

Learn more about Closing costs, here:

brainly.com/question/1084194

#SPJ1

easy career question

easy career question

Answers

Answer:

c

Explanation:

Answer:

C. Stock Options already bought and sold

Explanation:

what is the cost of equity after recapitalization ? what is the wacc? what are the implications for the firm's capital structure decision?

Answers

After recapitalization, the cost of equity is 12.59%.

What is the wacc?

The return that investors and lenders anticipate receiving in exchange for their capital investments in a firm is shown by the weighted average cost of capital (WACC). A company's WACC, for instance, is 15% if shareholders want a 20% return and lenders demand a 10% return.

What are the implications for the firm's capital structure decision?

This method asserts that the choice of the capital structure affects the firm's worth. The weighted average cost of capital (WACC) will decrease as financial leverage rises, but the firm's value and the market price of common shares will rise.

What effects does capital structure theory have?

The choice of the company's capital structure primarily affects how debt and equity are used to finance the business. The cost of capital is decreased by an effective mix of capital. Increased net economic returns lead to higher company value, which is eventually achieved through lowering the cost of capital.

To know more about recapitalization, checkout this link:

https://brainly.com/question/13872204

#SPJ4

Definition for crime and violence

Answers

Answer:

Crime can therefore be defined as a violation of the law and an act of deviance from established rules, or a non-commission of an action that is required by law. Violence, on the other hand, is an act of physical aggression that in most cases results in harm.

The direct order of organizing information in a message is likely to produce the most effective result _____.
a.) in a letter to the parents of a student regarding his absenteeism
b.) in an email to a customer offering to replace a defective product
c.) in a memo to an employee informing her of the termination of her service
d.) in an email appreciating the best-performing employees of the quarter
e.) in a letter to a customer apologizing for the non-availability of a product

Answers

a.) in a letter to the parents of a student regarding his absenteeism.

For messages that contain positive, neutral, or mundane information, the straight order of structuring the material is preferable.

Which of the following represents the initial phase in the indirect method to claim message writing?

With a Buffer to Begin Writing a buffer—a neutral, uncontroversial statement that is directly related to the message's point—is the first step in employing the indirect approach. When you react to a request, a buffer validates the request and creates common ground with your reader.

Why is it vital to be direct?

This positioning makes sure that the writer's intent is obvious and that the reader gets the message's main point right away.

To know more about absenteeism visit;

https://brainly.com/question/14598789

#SPJ1

In the chapter about owning versus leasing, one set of examples compares the cost of owning versus the cost of leasing for Southside Clinic, a not-for-profift organization. The net advantage to owning (versus leasing) for Southside amounted to $676. The difference between the two methods of financing: A) is so small that it might be disregarded. B) may be considered as a nearly neutral comparison between the two methods. C) is so small that it might be disregarded and may be considered as a nearly neutral comparison between the two methods. D) None of these is correct

Answers

Answer:

The correct answer is D) None of the above options are correct.

Explanation:

In making a decision about whether to own or lease a property, if the cost of ownership is only slightly higher than leasing, financial intelligence requires that the company, or business or entity or person checks to see if the property is an income is generating one.

If yes, then it's should be considered for purchase

If the asset is not income-generating but plugs a cost leakage, it can also be considered if the value can appreciate in value.

It only becomes advisable to lease the assets if:

the cost of purchasing the property far outweighs the cost of leasing as well as the current capacity of the Clinic;It's an assets that is non-income generatingIf it's a non-income generating asset that attracts lots of taxes etc.

Cheers

what is the meaning of market variable in maketing​

Answers

Answer:

market is for people low budget and the markering is people qho want earn money in online

Which best describes a central bank’s primary goals?

Limiting inflation and reducing unemployment.
Reducing unemployment and maintaining cash flow.
Controlling stagflation and reducing unemployment.
Managing credit and ensuring the money supplies liquidity.

Answers

Answer: A-limiting inflation and reducing unemployment

Explanation: edeg2020

The primary goal of the central bank of a country is to:

Limiting inflation and reducing unemployment.

What is the central bank?

The central bank is the highest bank of the country. This is the bank that is in charge of all other banks in the nation.

The bank is responsible for the control of the country's currency. They are also responsible for the supply of liquidity.

But their main function in the economy is to Limit inflation and reduce unemployment.

Read more on the central bank here:

https://brainly.com/question/25711082

If the offering price of an open-end fund is $13.00 per share and the fund is sold with a front-end load of 5%, what is its net asset value?

Answers

The net asset value (NAV) of the open-end fund with an offering price of $13.00 per share and a front-end load of 5% is $12.35 per share.

The net asset value (NAV) represents the value of each share of the fund's underlying assets. To calculate the NAV after the front-end load, we need to subtract the load percentage from the offering price. In this case, the load is 5% of $13.00, which is equal to $0.65. Subtracting $0.65 from the offering price gives us the net asset value of $12.35 per share.

In mathematical notation, the calculation can be represented as follows:

\(NAV = \text{{Offering Price}} - \text{{Front-End Load}} \\NAV = \$13.00 - (\$13.00 \times 0.05) = \$12.35\)

Therefore, the net asset value of the open-end fund is $12.35 per share after accounting for the 5% front-end load.

To learn more about net asset value refer:

https://brainly.com/question/31735030

#SPJ11

Which are examples of marketing businesses? (Check all that may apply)
Pilot Truck Shop
Target
Kroger Grocery Store
Toyota Dealership

Answers

Answer:

toyota dealership

Explanation:

Grand Haven Airways Inc.'s stock is two times as risky as the overall stock market. The S&P 500 Index has experienced the following returns: 1 year: +20.0%; 3 years: +13.1%; 5 years: +6.7%. The Treasury Bill rate is currently 0.7%. What is the expected return of the stock?

Answers

The expected return of Grand Haven Airways Inc.'s stock is 38.6% for 1 year, 7.0% for 3 years, and 1.9% for 5 years, depending on the market return.

To calculate the expected return of Grand Haven Airways Inc.'s stock, we need to use the Capital Asset Pricing Model (CAPM) formula, which is: Expected Return = Risk-Free Rate + Beta x (Market Return - Risk-Free Rate) Here, we know that the stock is two times as risky as the overall stock market, which means its beta value is 2. We also know that the Treasury Bill rate is 0.7%, which represents the risk-free rate. The market return can be calculated using the S&P 500 Index returns provided in the question. Using the formula, we get: Expected Return = 0.7% + 2 x (Market Return - 0.7%) Now, we need to calculate the market return for different time periods mentioned in the question. For 1 year: Market Return = 20.0% Expected Return = 0.7% + 2 x (20.0% - 0.7%) = 38.6% For 3 years: Market Return = (1 + 13.1%)^(1/3) - 1 = 4.0% Expected Return = 0.7% + 2 x (4.0% - 0.7%) = 7.0% For 5 years: Market Return = (1 + 6.7%)^(1/5) - 1 = 1.3% Expected Return = 0.7% + 2 x (1.3% - 0.7%) = 1.9% Therefore, the expected return of Grand Haven Airways Inc.'s stock is 38.6% for 1 year, 7.0% for 3 years, and 1.9% for 5 years, depending on the market return.

For more such questions on market

https://brainly.com/question/25369230

#SPJ11

The expected return of Grand Haven Airways Inc.'s stock is 38.6% for 1 year, 7.0% for 3 years, and 1.9% for 5 years, depending on the market return.

The expected return of Grand Haven Airways Inc.'s stock can be calculated using the Capital Asset Pricing Model (CAPM) formula: Expected Return = Risk-free Rate + Beta * (Market Return - Risk-free Rate)

Given that the stock is twice as risky as the overall market, we can assume a beta of 2. The market return can be calculated as the average of the returns for the past 1, 3, and 5 years, which is (20.0% + 13.1% + 6.7%) / 3 = 13.2%. The risk-free rate is given as 0.7%.

Substituting the values into the formula, we get:

Expected Return = 0.7% + 2 * (13.2% - 0.7%)

Expected Return = 0.7% + 2 * 12.5%

Expected Return = 25.7%

Therefore, the expected return of Grand Haven Airways Inc.'s stock is 25.7%.

Learn more about Capital Asset Pricing Model (CAPM)  here:

https://brainly.com/question/31794540

#SPJ11

why does sully want to work instead of drive

Answers

Mike had wanted to drive, but Sully did noit want it. The reason is he believed it is of the scream shortage.

What happened in the story?

Mike has recently purchased an extravagant vehicle, yet his pal Sully has prohibited him from driving it due to the "scream shortage"; thus they continued to work on foot. While journeying together, they encountered numerous other monsters of their monstrous metropolis.

As they marched into the Monsters Inc. factor, one could discern how greatly admired Sully was as the superior fright-master. At their occupation, both Mike and Sully felt sheltered and comfortable.

Read more on story telling here:https://brainly.com/question/27809354

#SPJ1

Suppose your best friend lives in Los Angeles, California and wants to move to Austin, Texas. They notice a lot of people moving from California to Texas. In a survey conducted from a random sample, they read that people who move pay, on average, about $200,000 less for a home in Austin than they did in Los Angeles. Your friend would also like to pay $200,000 less for a home so they decide to move to Austin. Did your best friend make a fair conclusion based off of the survey? Yes, because the population was large enough so it is safe to generalize. Yes, because they generalized to the correct population. No, because they generalized to the wrong population. No, because random sample surveys are biased.

Answers

The conclusion drawn from this survey was incorrect, and your friend should conduct additional research and gather more data before making a decision to move to Austin.

No, because they generalized to the wrong population is the correct answer.

Suppose your best friend lives in Los Angeles, California, and wants to move to Austin, Texas.

They notice a lot of people moving from California to Texas.

In a survey conducted from a random sample, they read that people who move pay, on average, about $200,000 less for a home in Austin than they did in Los Angeles.

Your friend would also like to pay $200,000 less for a home so they decide to move to Austin.

However, your best friend made an incorrect assumption based on the survey's findings.

This is due to the fact that the survey included people who moved to Austin from places other than Los Angeles, and those people may have paid more or less than your friend paid for their home in Los Angeles.

Therefore, the conclusion drawn from this survey was incorrect, and your friend should conduct additional research and gather more data before making a decision to move to Austin.

Know more about decision-making here:

https://brainly.com/question/1249089

#SPJ11

TRUE / FALSE. the time value of money should be considered in capital budgeting decisions. the payback method is a discounted cash flow method. money is more valuable today than it will be in the future.

Answers

The statement ''The time value of money should be considered in capital budgeting decisions.'' is true because this concept recognizes that the value of money changes over time due to factors such as inflation, interest rates, and the opportunity cost of investing funds elsewhere.

Cash flows received or expended at different points in time have different values.

The statement '' the payback method is a discounted cash flow method'' is false because the payback method focuses on determining the time it takes for an investment to recoup its initial cost. It does not consider the time value of money or discount future cash flows.

The statement ''Money is more valuable today than it will be in the future.'' is true because money is generally considered to be more valuable today than it will be in the future.

This is because money has the potential to earn interest or be invested, providing an opportunity for it to grow over time.

Additionally, factors such as inflation erode the purchasing power of money, making goods and services more expensive in the future.

Therefore, receiving money today is typically preferred over receiving the same amount in the future.

To know more about money refer here:

https://brainly.com/question/2696748#

#SPJ11

Mike Greenberg opened Clean Window Washing Inc. on July 1, 2014. During July, the following transactions were completed.

July 1 Issued 15,899 shares of common stock for $15,899 cash.
1 Purchased used truck for $11,899, paying $2,105 cash and the balance on account.
3 Purchased cleaning supplies for $937 on account.
5 Paid $2,160 cash on a 1-year insurance policy effective July 1.
12 Billed customers $4,880 for cleaning services.
18 Paid $1,028 cash on amount owed on truck and $540 on amount owed on cleaning supplies.
20 Paid $2,191 cash for employee salaries.
21 Collected $1,634 cash from customers billed on July 12.
25 Billed customers $2,532 for cleaning services.
31 Paid $373 for maintenance of the truck during month.
31 Declared and paid $618 cash dividend.

Journalize the July transactions.

Post to the ledger accounts.

Prepare a trial balance at July 31.


Journalize the following adjustments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

(1) Services performed but unbilled and uncollected at July 31 were $1,750.
(2) Depreciation on equipment for the month was $202.
(3) One-twelfth of the insurance expired.
(4) An inventory count shows $320 of cleaning supplies on hand at July 31.
(5) Accrued but unpaid employee salaries were $415.

Post adjusting entries to the T-accounts.

Cash

7/1
15,899

7/1
2,105

7/21
1,634

7/5
2,160

7/18
1,568

7/20
2,191

7/31
373

7/31
618

7/31 Bal.
8,518

Accounts Receivable

7/12
4,880

7/21
1,634

7/25
2,532















Supplies

7/3
937










Prepaid Insurance

7/5
2,160










Equipment

7/1
11,899

7/31 Bal.
11,899

Accumulated Depreciation-Equipment













Accounts Payable

7/18
1,568

7/1
9,794

7/3
937

7/31 Bal.
9,163

Salaries and Wages Payable













Common Stock

7/1
15,899

7/31 Bal.
15,899

Dividends

7/31
618

7/31 Bal.
618

Service Revenue




7/12
4,880




7/25
2,532













Maintenance and Repairs Expense

7/31
373

7/31 Bal.
373

Supplies Expense













Depreciation Expense













Insurance Expense













Salaries and Wages Expense

7/20
2,191











Problem 4-8A Mike Greenberg opened Clean Window WaPrepare an adjusted trial balance.
Problem 4-8A Mike Greenberg opened Clean Window WaPrepare the income statement for July.
Prepare a retained earnings statement for July. (List items that increase retained earnings first.)
Prepare a classified balance sheet at July 31. (List current assets in order of liquidity.)
Journalize closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)






Answers

Answer:

Explanation:

 

sir what is this, is this  a question?

developing a product strategy involves studying your product and company features but does not involve configuring value-added solutions. true/false

Answers

The statement , "developing a product strategy involves studying your product and company features but does not involve configuring value-added solutions" is False , because it involve configuring value-added solutions.

The Product Strategy is defined as a plan that outlines how a company will market, sell, and support a product or service.

This involves understanding customer needs and preferences, analyzing competitors, identifying market opportunities, and developing a unique value proposition that sets product apart from others in market .

A key aspect of developing a product strategy is identifying the value-added solutions that the product offers to customers.

This may involve configuring the product to meet specific customer needs or developing additional features and services that enhance the value of the product.

Learn more about Strategy here

https://brainly.com/question/30134856

#SPJ4

Other Questions
Chloe is trying to find three consecutive, positive integers such that six times the largest is equal to the twice sum of the two smaller integers. Show that the three consecutive, positive integers 4, 5, and 6 are not the ones Chloe is looking for. Northern atlantic crossings for fishing and settlements continued and spurred european searches for multiple routes to asia. identify the voyages, destinations and accomplishments. Can someone please help me with math I need the best topic to do a speech? and some quote also a beat of introduction What is the verb in this sentence?Candice dreams of becoming a doctor Find the area of the parallelogram shown below. where do I put mayor and local newspaper? please helpFor the periodic signal: ul.. x(n) -5 06 5 Using the Parseval's theorem, the energy for one period is 6/5 1/5 5 none of the other options n Multiply the sum of 3/5 and 7/15 with the difference of -1/16 and 1/12 .What is the answer? HELP PLEASEKrystal bought 9 pounds of ground beef. She saved $8.37 by using a coupon. How much did she save per pound of ground beef? The purpose of tort law is to:a. protect society.b. compensate victims of wrong doing.c. provide a safe way of getting even.d. discourage bad conduct. 3x - y = 52x + 3y = 7I need solving systems of equations!!!! HURRY Jessica Mitford's, "The American Way of Death," published in1963, played a critical role in changes in the funeral industry.O TrueO FalseIs it true? whats the absolute value of 15 Penn volunteered a total of 96 hoursover the last 12 weeks. Hevolunteered the same number ofhours each week.How many hours did Penn volunteerin one week? Write an equationand solve the problem.Equation:Answer: The reason a character performs a certain action or feels a certain way is known as character _[blank]_.Select the word that correctly completes the sentence. a(n) _______term life policy is normally used when covering an insured mortgage balance True /False? the computing world uses a naming system for quantities of bytes based on a french system called international system of units, often abbreviated as si. Find the volume of the region bounded by the paraboloid z=x2+y2, the cylinder x2+y2=64, and the xy-plane. evaluate integral by hand. TRUE/FALSE. Negotiation is the process of communication that occurswhen parties are not trying to find a mutually acceptable solutionto the dispute.