What are the effects on the accounting equation when an adjusting entry is made for goods or services provided during the accounting period related to an amount previously received in advance from a customer?.

Answers

Answer 1

Total liabilities will decrease and total stockholders' equity will increase are the the effects on the accounting equation when an adjusting entry is made for goods or services provided during the accounting period related to an amount previously received in advance from a customer

The accounting equation is crucial to the use of double entry bookkeeping, where every transaction has a dual impact on the financial accounts, and it depicts the relationship between the assets, liabilities, and capital of a corporation. The accounting equation can be simply answered as assets - Liabilities equal capital.

      The remaining interest in a company's assets after all liabilities have been paid off is known as capital (ie what would be left if the business sold all of its assets and settled all of its liabilities). Capital would be referred to as "Equity" in the context of a limited liability business.

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Related Questions

what does the abbreviation of CD stand for. (this is financial i put it under business because it is the closest thing to financial literacy)
A. certificate of disposal
B.certificate of interest
C.credit of deferral
D.certificate of deposit

Answers

Answer:

D) certificate of deposit.

Explanation:

Business owners and entrepreneurs have to make major decisions every single day that impact the well-being of their company and life—what decisions do you make on a daily basis that may have a huge impact on your life? Explain and discuss.

Answers

Business owners and entrepreneurs enterprise proprietors and entrepreneurs need to make important choices every single day that impact the well-being of their corporation and lifestyles.

The organization owner needs to approve the standards and strategies for hiring the ablest personnel. He should additionally make alternatives approximately job descriptions, employee roles, and responsibilities. additionally the agency owner has the very last say on topics that include compensation and advantages structures for his employees.

As a manager, many of your commercial enterprise decisions might also have an effect on personnel and customers. Your selections can affect a worker's getting to know and schooling, paintings-life-style stability, productiveness, fitness, and interplay with clients.

Reason-putting is the primary and essential step in making plans manner. goals are described at the organizational, branch, and man or woman level and are intended to be finished in the future in a specific term. An aim may be a quick-time period, mid-time period, or lengthy-time period.

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Rather than rescuing clients, human support workers provide support-motivation and
to assist clie
toward self-awareness and self-determination,

Answers

empowerment

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Rather than rescuing clients, human support workers provide support-motivation and empowerment.

What do you mean by empowerment?

The level of autonomy and self-determination in individuals and groups is known as empowerment. As a result, they are able to act responsibly and independently on their behalf when representing their interests.

It is the process of growing stronger and more self-assured, particularly when it comes to taking charge of one's life and asserting one's rights.

In order for people to overcome their sense of helplessness and lack of influence and to realize and utilize their resources, they need both professional support and the process of self-empowerment.

The term "empowerment" comes from community psychology in the United States and is linked to social scientist Julian Rappaport. But the origins of the empowerment thesis go back deeper in time and are associated with Marxist sociology theory.

The idea of empowerment, which is defined by a shift from a deficit-oriented to a more strength-oriented perception, is becoming more prevalent in management concepts as well as in the fields of self-help and continuing education.

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20 points!

Which sentence indicates that Brian has instituted a loyalty program?

(1) Brian runs a juice bar that sells fresh juice products. (2) He hopes customers will drink the juices to stay healthy. (3) He offers a free juice for every customer who buys nine juices. (4) He also advertises the health benefits of fresh juice. (5) He hopes such an advertisement will attract new customers.

Answers

Answer:

So, the correct option is (3) He offers a free juice for every customer who buys nine juices.

Explanation:

A customer loyalty program or rewards program is a marketing strategy that rewards loyal customers that frequently engage with a brand.

So, the correct option is (3) He offers a free juice for every customer who buys nine juices.

Answer:

Offers free juice.....

Explanation:

correct on test

Hi can you please answer this question for me?
___________________________ is the interest that the bank pays you on the principal plus on the interest that you earned the preceding year

simple intrest
compound interest
complex interest

Answers

Answer:

compound interest

Explanation:

Compounding interest refers to the action of adding the interest earned in a period to the principal amount. This action increases the principal amount invested. In compound interest, both the principal amount and the interest earned increases every financial year.

Compound interest contrasts with simple interest, which is the interest earned on the principal amount only. Whereas compound interest amount increases every year, simple interest remains constant throughout the life of the investment.

Answer:

Compound Interest

Explanation:

please help this is for economics

please help this is for economics

Answers

Answer: its not clear

Explanation:

do u mind send or uploading it again?

what are the 3 key process-roles suggested for every team? what do those roles involve? how can these roles be assigned?

Answers

The three primary process roles that are advised for each team are:

The facilitator's job is to lead the group through the decision-making process and guarantee that everyone has a chance to voice their perspectives. They support maintaining concentration, managing group dynamics, and guiding conversations.

Recorder: The recorder's responsibility is to record and keep track of all team deliberations, decisions, and actions. They provide the team and other stakeholders with meeting minutes, action items, and other relevant information.

Timekeeper: The timekeeper is responsible for controlling team time and keeping meetings on schedule. They keep an eye on how much time is spent on each item on the agenda, maintain team focus, and control disruptions and diversions.

Based on the team's preferences, abilities, and strengths, these positions can be assigned. For instance, someone who is meticulous and organised could be a good fit for the recorder function, while someone who can effectively handle group dynamics and communicate well might be a good fit for the facilitator role. To encourage learning, growth, and engagement, it's crucial to cycle these positions among the team members.

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when a company starts a new division and recruits people to do the work, which aspect of its internal environment is it most directly changing? owners culture physical environment employees

Answers

When a company starts a new division and recruits people to do the work, it is most directly changing its employees, which is an aspect of its internal environment.

The internal environment of a company refers to the factors and conditions that exist within the organization and directly influence its operations and performance. It encompasses various elements, including the company's culture, physical environment, employees, and more.

However, when a company starts a new division and hires individuals to work in that division, the most immediate and direct change occurs in the employees aspect of the internal environment. The addition of new employees brings in fresh talent, skills, and perspectives into the company. It affects the composition of the workforce, leading to changes in the dynamics, teamwork, and overall capabilities of the organization.

The new division and the recruitment process can also have indirect effects on other aspects of the internal environment. For example, it may impact the company's culture as the new division's employees contribute their own values, work styles, and attitudes. Additionally, the physical environment may be altered to accommodate the needs of the new division, such as providing office space, equipment, or resources specific to their work.

However, it is important to note that all aspects of the internal environment are interconnected, and changes in one aspect can have ripple effects on others. Therefore, while the immediate and direct change occurs in the employees aspect, the introduction of a new division and recruitment process can have broader implications on the overall internal environment of the company.

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A two-year Treasury bill offers a 7.8% yield to maturity. The market's concensus forecast is that one-year T-bills will offer 8.7% next year. What is the current yield on a 1-year T-bill if the expectations hypothesis holds? Enter your answer as a percentage.

Answers

The current yield on a 1-year T-bill, according to the expectations hypothesis, is 7.8%.

1. The expectations hypothesis states that the yield on a long-term bond is equal to the average of short-term interest rates expected to occur over the life of the bond.

2. In this case, we have a two-year Treasury bill with a yield to maturity of 7.8%. This means that investors buying the two-year Treasury bill will earn a return of 7.8% per year if they hold the bond until maturity.

3. The market's consensus forecast is that one-year T-bills will offer 8.7% next year. This implies that investors expect the yield on one-year T-bills to be 8.7% in the future.

4. According to the expectations hypothesis, the current yield on a 1-year T-bill should be equal to the yield on the two-year Treasury bill, which is 7.8%.

5. Therefore, if the expectations hypothesis holds, the current yield on a 1-year T-bill is 7.8%.

Note: The expectations hypothesis is a theory in finance that suggests that long-term interest rates are determined by market expectations of future short-term interest rates. It assumes that investors are rational and have no preference for holding short-term or long-term bonds.

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What are examples of Science, Technology, Engineering, and Mathematics careers? Select four options. Lawyer Zoologist Chemist Robotics Engineer Historian Police Officer Child Care Worker Chef.

Answers

The  examples of Science, Technology, Engineering, and Mathematics careers are:

1. Zoologist

2. Chemist

3. Robotics Engineer.

4. Historian.

What are careers?

Career means the journey of an individual in their life in profession, business, or any other manner, it may be the individual's dream that he wants to achieve in their life with opportunities of progress.

Careers may be in Science, Technology, Engineering, Mathematics, and so on. Some examples of careers are becoming an artist, Lawyer, Zoologist, Chemist, Robotics, Engineer, Historian, Police Officer, Child Care, Worker, Chef.

Therefore, chemists, zoologists, Robotics engineers, and historians are examples of careers in science, Technology, Engineering, and Mathematics.

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Answer:

B C D E :)

Explanation:

Collaboration between two or more organizations that lowers costs and reduces manual effort among employees is enabled by a(n) _____.

Answers

An interorganizational information system is enables by relation between organizations to lowers costs and reduces manual effort among employees.

What is an interorganizational information system?

This system refers to any form of shared information system among a group of companies..

In conclusion, this system allows an interchange of electronic data that allows fast computer-to-computer transfer of information.

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The first institution to contact if you know you have been an identity theft victim is

Answers

The first institution that should be contacted in the case of identity theft is the Federal Trade Commission (FTC).

Why should you contact the Federal Trade Commission (FTC)?

If you have fallen victim to identity fraud, you should call the Federal Trade Commission immediately.

They will then help you report to the relevant law enforcement agencies such as the FBI and local police.

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why do different levels of management have different types of decision​

Answers

Different levels of management have different types of decisions because they have different responsibilities, authority, and knowledge.

How important is money

Answers

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

What is it called when businesses are doing poorly and stock prices drop?

Answers

Answer:

When a stock price falls, that means the company must sell additional shares of stock to raise the same amount of proceeds

Explanation:

interest earned on the cash balance in the bank is recorded by the bank as: multiple choice an increase in the bank’s asset account. an increase in the bank’s expense account. a decrease in the bank’s asset account. a decrease in the depositor’s bank account. an increase in the depositor’s bank account.

Answers

Interest earned on the cash balance in the bank is recorded by the bank as an increase in the depositor’s bank account.

What is the impact of interest earned?

A savings account is a type of account that can be opened with a bank. Savings account earn interest based on the amount of money in their account at the end of the month.

The interest that is earned depends on the number of withdraws, interest rate paid on deposits and the amount deposited in the account.  Deposits are recorded as a liability in the balance sheet of a bank. A liability is an obligation that has to be paid at sometime in the future.

This means that at the end of the month, the value of the money in the depositor's saving account increases by the value of interest paid.

For example, if the interest paid by a bank on deposits in a savings account is 10%. If an account has $1000 in the account, the value of the amount at the end of the month is 1,100 (1000 x 1.1).

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________ play an important role in efficiently making products available to target markets in the needed varieties and quantities.

Answers

Answer:

Intermediaries

Explanation:

Intermediaries are individuals or organisations whose main function is to ensure that goods are moved smoothly through the various channels of distribution. They act as a link between the manufacturers and the consumers.

Intermediaries acts as a middleman, they provide feedbacks to the manufacturers on the customer's assessment of the product. They also help in the promotion of goods by employing different advertising strategies inorder to showcase the product to the potential customers.

Hence intermediaries play a crucial role in efficiently making products available to target markets in the required varieties and quantities.

A sound marketing plan can work effectively independent of an organization's overall strategic plan.
Question 2 options:
True
False

Answers

A marketing plan is a practical document that outlines how a company intends to utilize outreach and advertising to target a certain market. True.

What one of the following is a marketing plan's goal?

A marketing plan is the strategy an organization will utilize to market and sell its products or services. The marketing strategy will identify the target market, the most effective approach to reach them, the price point at which the product or service should be offered, as well as how the company will measure its performance.

The tastes and interests of the target market should be taken into account in marketing strategy. Companies should make every effort to have a data-capture strategy. Companies may create and improve their products and services by collecting data from customers and clients build dependable partnerships that will improve the services offered by the company.

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The complete question is :-

A sound marketing plan can work effectively independent of an organization's overall strategic plan?

Question 2 options:

True

False

Explain your approach in energy audits in third world countries. In your explanation give give evidence how other countries and companies have implemented the need for energy audits as a business. Also SWOT analysis of implementing energy audits in countries

Answers

The strategy is to increase awareness, set policies, develop capacity, carry out pilot projects, give financial support, and track results. Examples include mandated energy audit programmes in the UK and Germany.

Global energy audit services are provided by businesses like Siemens and Schneider Electric. SWOT evaluation Cost savings and sustainability are its strengths. Lack of knowledge and resources are its weaknesses. Opportunities to bring in investments and achieve goals; Resistance and political instability are threats. Energy audits have the potential to increase energy efficiency and sustainability, but overcoming obstacles calls for all-encompassing policies and cooperation between national and international agencies.

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Economists use the term external cost to describe a situation in which the spillover effects _______ (harm, benefit) external parties. If the spillover effects _______ (benefit, harm) the external parties, it means that an external benefit is present.

Answers

Economists use the term external cost to describe a situation in which the spillover effects harm external parties. This means that the cost of producing or consuming a good or service is not entirely borne by the producer or consumer, but rather it is passed on to third parties who are not involved in the transaction. For example, pollution from a factory may harm the health of people living nearby, causing them to incur medical expenses and reduced quality of life.

On the other hand, if the spillover effects benefit the external parties, it means that an external benefit is present. In this case, the production or consumption of a good or service has positive effects on third parties who are not involved in the transaction. For instance, a business that provides free internet to its customers may also benefit the people around the area who can also access the free service.

External costs and benefits are important concepts in economics because they reflect the impact of economic activity on society as a whole. When external costs are present, the market may not produce the optimal level of output because the cost to society is greater than the private cost. Similarly, when external benefits are present, the market may not produce enough of the good or service because the benefits to society are greater than the private benefits. Therefore, externalities are one of the reasons why governments intervene in the market to regulate economic activity and internalize external costs and benefits.

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i have a few questions about finance. PLease answer correctly and completely! thx

Which product is an example of perfect competition?
A.
food grains where products are homogeneous
B.
computers, where there are many competitors with slightly differentiated products
C.
aerated cold drinks, where there are two competitors
D.
bicycles, where buyers and sellers have some control over the price
E.
gold where there is only one seller

The database of Aster Corp. was hacke.d and confidential data was leaked to its competitors. This resulted in a huge financial loss and a loss of goodwill for the company. What is this business risk known as?
A.
operational risk
B.
exchange risk
C.
political risk
D.
expansion risk
E.
survival risk

i have a few questions about finance. PLease answer correctly and completely! thxWhich product is an
i have a few questions about finance. PLease answer correctly and completely! thxWhich product is an
i have a few questions about finance. PLease answer correctly and completely! thxWhich product is an
i have a few questions about finance. PLease answer correctly and completely! thxWhich product is an
i have a few questions about finance. PLease answer correctly and completely! thxWhich product is an

Answers

Answer 1:

B is the answer.

Computers where there are many competitors with slightly differentiated products.

Explanation:

A market is characterized as a Perfect Competition where there are many buyers, many sellers and the products are either homogenous or slightly differentiated. There is also perfect knowledge about all the products and the nonexistence of monopoly. That is, no player in the market has leverage over which they can manipulate prices in their favor.

Answer 2:

A is the correct answer.

Operational Risk.

Explanation:

When there is the possibility for a loss arising from a dysfunctional internal process(es), inefficient employee(s), or even from external events, with a link to the internal dynamics of a company, the business is said to be exposed to Operational Risks.

Answer 3:

When there is an increase in interest rate, the following takes place:

Businesses shy way from borrowing from the bank(due to the loss of leverage or increased cost of borrowing when they do) Production Cost increasesWhen production costs increase prices of finished goods increasesthe above leads to a decrease in demand for finished goodsand ultimately Consumer spending goes down

Cheers

An annuity is a great way to invest your money while "playing it safe."
True
False

Answers

True, An annuity is a great way to invest your money while "playing it safe". the rule of 72 is a great way to determine how long an investment will take to double. ... with virtually all investments, as the risk goes up, so does the potential return.
True, because a annuity is a great way regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments.

What is one of the benefits related to economic equity?.

Answers

Answer:

Equity-enchancing policies,particularly such investment in human capital as education,can,in the long run,boost economic growth,which in turn has been shown to alleviate poverty....policies that promote equity can boost social cohesion and reduse political conflict.

Explanation:

hope it helps

From whom to buy and when to buy are decisions made during which stage of the purchase decision process?.

Answers

Purchase decision is the process made during from whom to buy and when to buy.

A purchase decision is the thought process that drives consumers to identify needs, generate options, and select specific products and brands.

An example of a purchase decision?

A customer found a pink winter coat on sale at his 20% discount. After ensuring the brand used sustainable materials and asking her friends for feedback, she ordered the coat online.

What are the three types of purchase decisions?

There are three main categories of purchase decisions (nominal, limited and enhanced), all with a high level of engagement in the purchase, varying from low to low engagement. The types of purchase decision exist on the purchase participation continuum.

Who influences purchase decisions?

Personal factors include a consumer's age, occupation, lifestyle, social and economic status, and gender. These factors, individually or collectively, can influence consumer purchase decisions.

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PROBLEM: The Chicago Cubs play their home games at Wrigley Field, located in the Lakeview neighborhood of Chicago. A recent New York Times study concluded that the probability that a randomly selected Lakeview resident is a Cubs fan is 0.44.

(a) Interpret this probability as a long-run relative frequency. ​

Answers

Answer:

If a large Number of Lakeview residents are questioned, about 44% of them will be Club fans.

Explanation:

Reporting the probability outcome of a singular observation are usually reported as stated above, that the probability of a random sample of Lakeview resident being a club fan is 0.44%. However from a long run relative frequency approach, it requires just more Than one random sample but a large number of samples being evaluated over time.

Hence to expresa as a long run relative frequency, it could be stated as ; report gathered from many Lakeview residents, about 44% of them are Club fans.

The share in the company's profit is called_________.​

Answers

Answer:

profit sharing

Explanation:

From Investopia they define profit sharing as

"A plan gives employees a share in their company's profits based on its quarterly or annual earnings."

true or false: a change in one of the determinants of supply results in a movement along the supply curve.

Answers

A supply curve is a graph that illustrates how a change in a product's price impacts the volume of supplies a seller provides.

The horizontal x-axis displays the quantity supplied, while the vertical y-axis displays the price.

For the majority of items, the curve will have an upward, positive slope, signifying a strong correlation between the two values. In other words, the more of a good or service a seller has on hand, the higher the price of it. For instance, if the cost of a lawnmower rises, or the price a customer pays, a hardware store would stock more in an effort to raise its profit margin.

The two different supply curve types are individual and market.

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Keira is excited that her favorite brand of running gear has released a new hoodie in the company’s trademark color. Keira probably has a strong ________blank with this company.

Answers

Keira is thrilled that her preferred brand of athletic apparel has introduced a new sweatshirt in the logo color of the business. Keira most likely has a positive brand association with this business.

An association between your brand and a concept, image, emotion, experience, person, interest, or activity is known as a brand association. Purchase decisions are significantly influenced by this association, which might be immediately favorable or unfavorable.

When a person thinks of a brand, brand associations—such as "soft" for Cottonelle or "athletics" for Nike—come to mind.

The brand association aids in recalling your company's name and distinctive features, such as those that set you apart from your rivals. The brand association offers clients ideas, images, and attitudes that can aid in the brand recall by developing familiarity and strengthening recognized traits.

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Jose gross weekly salary as a logger is $630. He pays 6.2% Social Security tax, 1.45% Medicare tax, and $14.20 for health insurance. What is Jose monthly net pay?

Answers

Answer:

$568

Explanation:

Gross salary = $630

Social security tax = 6.2%

Medicare tax = 1.4%

Health insurance = $14.20

We add up what is paid as tax

= 6.2 + 1.4 = 7.6%

7.6% of $630

= 0.076 x 630

= $47.88

So he pays tax of 47.88 dollars from his gross salary

We add his tax to what he pays for health insurance

= 47.88 + 14.20

= $62.08

the formula for net pay:

gross salary - deductions

= $630 - $62.08

= $567.92

this is approximately $568

thank you!

you are asked to come up with a new widget. what would your first step be? a. idea generation cross out b. test marketing cross out c. commercialization cross out d. business analysis cross out e. idea screening cross out

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If you are asked to come up with a new widget, your first step should be idea generation. The correct answer is A. Idea generation.

What is a Widget?

A widget is a tiny program or application that performs a specific function or a set of related functions on a website, desktop, or mobile device. Widgets are widely utilized on websites, especially those that utilize JavaScript, HTML, and CSS. Idea generation is a stage in the new product development process that involves brainstorming and generating ideas for new product development. The objective is to generate a wide range of concepts that have the potential to become new products or services.

Idea generation is the first stage of the new product development process, which is a continuous process that involves the following phases: Idea generation, Idea screening, Concept development and testing, Business analysis, Market testing, Commercialization If a new widget is to be developed, the first step in the new product development process will be to generate ideas that are innovative and have the potential to meet the needs and expectations of customers.

Idea generation can be accomplished through brainstorming, focus groups, surveys, and other methods. When a firm generates a variety of concepts, it must screen and evaluate them to determine which ones are feasible, profitable, and aligned with its marketing and business objectives.

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