Fill In The Blank. Salaries Already Paid To Employees For The Month Is A(n) ___account That Appears On (2024)

Business College

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Answer 1

A current liability is the sum that a company owes a creditor for goods or services obtained via an open account.

What will the financial statement for accounts payable look like?

Accounts payable obligations are recorded under "current liabilities" on a company's balance sheet since they are a liability.

A credit is due as a result of...

Accounts payable are first and foremost considered obligations. Because you frequently pay on credit when buying goods or services from suppliers and merchants, these accounts have earned their name. Your AP account will display any current liabilities as a credit balance because it's possible that you owe money to these creditors.

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Related Questions

Which of the following graphical depictions are useful to observe the shape (distribution) of a data set for a single variable?O Scatterplot, O Stem-and-leaf diagram, O Histogram, O Polygon

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The three graphical representations—a polygon, a histogram, and a stem-and-leaf diagram—are helpful for observing the shape (distribution) of a data set for a single variable.

A histogram is what?

How frequently each distinct value appears in a set of data is shown by its frequency distribution. A histogram is a graph that is used the most frequently to show frequency distributions.

Despite how much it resembles a bar chart, there are important differences. This helpful data-gathering and analysis tool is one of the seven core quality tools. When to use a histogram

The info is numerical.When establishing whether the output of a process is distributed roughly regularly, you want to see how the data are dispersed.Evaluating a method's ability to meet the needs of the consumer.

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FILL IN THE BLANK. Under Armour's decision to add athletic shoes to its apparel line in 2006 and sell these to their existing customers, is an example of a ________ strategy.

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Under Armour's decision to add athletic shoes to its apparel line in 2006 and sell these to its existing customers, is an example of a product development strategy.

What is a product development strategy?

A product development strategy involves creating new items or altering old ones to make them appear brand-new, then introducing those products to existing or emerging markets. When carried out effectively, it can result in increases in sales and market share. Developing a new product is frequently as easy as taking an existing one, making a few minor changes, and selling it to your current market. Customers who already own the existing version of your product may decide to purchase your new one because this offers value for them. A good illustration of this is Apple. Market research, user research, testing, and product launch are some of the internal product development strategies.

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which of the following are annuities? multiple select question. tips to a waiter installment loan payments monthly rent payments in a lease monthly grocery bill

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which of the following is a type of annuity. the waiter should receive gratuities. grocery bill for each month. repayment plans for loans. A lease's monthly rent costs.

What are gratuities examples?

A restaurant's policy, which is stated on menus and checks, stipulates that groups of five or more patrons will have an 18% gratuity added to the bill. A group of five will spend $100 on food in total, and an additional obligatory 18% tip will bring the total to $118. The sum paid by an employer to its employees for providing their services for five or more years might be used to clarify the gratuity's significance. A gratuity is a benefit that is provided to an employee as part of their salary and is intended to assist them in their retirement.

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If you wanted to measure whether the output of an economy was increasing or decreasing across time periods, you would use the real GDP data rather than the
nominal GDP data because
a, exports are excluded from real GDP but not nominal,
ne b. real GDP incorporates the impact of federal budget deficits and surpluses; nominal GDP does not.
real GDP reflects the impact of transfer payments on the economy, but nominal
does
real GDP adjusts for changes in the general level of prices, but nominal GDP does not.

Answers

Real GDP, as opposed to nominal GDP, takes changes in the general level of prices into account.

What metric you would use to determine if a country's economic production is rising or falling?

The value of all commodities and services produced is estimated by the overall gross domestic product, which has long been seen as a reliable indicator of a nation's financial stability. It is used by economists to judge whether a country is expanding or experiencing a recession.

What is measured by real GDP?

GDP estimates the dollar amount of the consumer products and services supplied in a nation over a given time period, such as six months or a full year. Every item created wholly within a nation's borders is considered.

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TRUE OR FALSE brand voice/persona should be developed after your social strategy has been implemented for 6 months to see what kind of voice/persona occurs naturally.

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The given statement "after your social strategy has been in place for six months, you should create a brand voice/persona to see what kind of voice/persona naturally emerges" is FALSE.

What is social strategy?

An outline of your company's content posting plans, the duties of your social media staff, and the social media platforms you'll utilize to advertise your brand constitute a social media strategy.

A social media strategy consists of social media objectives that support the broader digital marketing plan for your company.

Create an environment where you can take leads and guide them through the buying cycle, from awareness to consideration to the purchase phase, with the aid of a social media strategy.

This will enable you to stand out from the competition, build an audience of engaged and informed followers, and stand out from the crowd.

To see what kind of voice or persona naturally arises, we should develop a brand voice or persona at the earliest start of social stratification.

Therefore, the given statement "after your social strategy has been in place for six months, you should create a brand voice/persona to see what kind of voice/persona naturally emerges" is FALSE.

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your division is considering two investment projects, each of which requires an up-front expenditure of $24 million. you estimate that the cost of capital is 11% and that the investments will produce the following after-tax cash flows (in millions of dollars):

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The NPV of project A is $9.39 million, and the NPV of project B is $4.07 million. Therefore, the better investment option is project A as it has a higher NPV.

Net Present Value (NPV) is the difference between the present value of future cash flows and the initial investment cost. An NPV value greater than zero indicates that the project provides a positive return on investment.

Therefore, NPV is an important factor to consider when evaluating potential investments. In this case, project A has a higher NPV of $9.39 million, indicating that it would generate more value for the company than project B. As such, it is the better investment option.

Additionally, the cost of capital is 11%, meaning that the company must achieve a return of at least 11% on the investment in order for it to be a good investment. Project A has an NPV of 9.39%, which is higher than the required 11%. Therefore, it is the better investment option.

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When a product is purchased which is complicated or highly technical a ______________may be issued instead of a request for quotation.
a. Purchase order
b. Sales order
c. Contract for sale
d. Request for proposal

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The correct option is D. When a product is purchased which is complicated or highly technical a Request for proposal may be issued instead of a request for quotation.

A quotation is a record that a supplier affords to a purchaser to offer goods or offerings at a said fee below targeted situations. also referred to as quotes, sales quotes, or sales quotations, quotations are used to allow an ability customer to know how plenty goods or services will cost before committing to the acquisition.

A quotation is also often referred to as a quote. it is a document that a supplier will put up to a capacity consumer that lists the proposed fees for the supplier’s items or offerings. The quotation is usually created primarily based on sure conditions stipulated by way of the purchaser. Quotations typically consist of quite a chunk of elements.

Within the quote, the dealer will include a breakdown of the elements that have caused the precise fee, including taxes/VAT, cloth expenses, exertions, and so on. additionally covered is the timeframe for when a carrier may be finished or when the goods might be added.

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the firm's cost of equity capital is the required rate of return to the shareholders. multiple choice question. less than the same as greater than

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the firm's cost of equity capital is the required rate of return to the shareholders same as greater than

Is cost of equity capital Same as required rate of return?Market forces dictate the necessary rate of return (or opportunity cost of capital) for shareholders. Shareholders are the exclusive source of funding for investment projects; as a result, the firm's cost of capital is equal to the opportunity cost of equity capital, which is solely dependent on the firm's business risk. The return investors anticipate on their investment is the cost of equity. In order to satisfy its shareholders, a corporation must achieve this minimum return on its equity investment. As the required rate of return on equity, the cost of equity is sometimes referred to as. The minimum return a shareholder expects to get in exchange for their investment is known as the needed rate of return (also known as the hurdle rate).

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which of the following was the diacritic of connectedness to the social system until the rise of market capitalism, even in advanced societies of the ancient

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The sense of ethnic identity is a gauge of one's sense of ethnic belonging. There are various approaches to assess ethnic identity. Simply asking a responder about their identification with the dominant group and their ethnic group is one way to collect data.

What is the Theory of ethnicity?

Race is merely one of many criteria that determine ethnicity, according to ethnicity theory, which asserts that race is a social category. In addition, "religion, language, 'customs,' nationality, and political identification" are considered. Sociologist Robert E. Park proposed this hypothesis in the 1920s.

Biological essentialism was the preeminent race-related paradigm for more than 100 years prior to the development of this theory.

According to biological essentialism, some races—specifically white Europeans in western interpretations of the paradigm are naturally superior and others specifically non-white races are intrinsically inferior.

This point of view developed as a way to defend the genocidal treatment of Native Americans and the enslavement of African Americans in a nation that was ostensibly established on equality for all people.

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which of the following are economic problems that have been building up in the united states for a long time? (choose all that apply)

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The following are a few of the economic issues that the United States has been dealing with for a while:

Income inequality: The wealth held by the top 1% of the population is disproportionately large, and the gap between the affluent and the poor has been widening over time.

Automation of employment: Technological advancements have eliminated numerous occupations, which has resulted in job loss and income stagnation for many employees.

Slow economic growth: Despite a recent era of relative stability, the United States' pace of economic growth has lagged behind other wealthy nations.

Population ageing: As the baby boomer generation retires, there will be a greater number of old individuals, which will put pressure on the social security and healthcare systems.

Infrastructure: As the population has grown and economic demands have changed, the nation's infrastructure, particularly its roads, bridges, and public transit, has not kept up, which has reduced its efficiency and competitiveness.

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Note: The correct question would be as bellow,

What are economic problems that have been building up in the united states for a long time?

december 13 accepted a $9,500, 45-day, 8% note in granting miranda lee a time extension on her past-due account receivable. december 31 prepared an adjusting entry to record the accrued interest on the lee note. exercise 9-19 (static) notes receivable transactions lo p4 january 27 received lee's payment for principal and interest on the note dated december 13. march 3 accepted a $5,000, 10%, 90-day note in granting a time extension on the past-due account receivable of tomas company. march 17 accepted a $2,000, 30-day, 9% note in granting h.cheng a time extension on his past-due account receivable. april 16 h. cheng dishonored his note. may 1 wrote off the h. cheng account against the allowance for doubtful accounts. june 1 received the tomas payment for principal and interest on the note dated march 3.

Answers

The events described in this question are a series of transactions related to the granting of time extensions on past-due accounts receivable in exchange for notes.

What are the series of transactions?

On December 13, Miranda Lee was granted a 45-day extension on her past-due account receivable in exchange for a $9,500, 8% note. On December 31, an adjusting entry was made to record the accrued interest on Lee's note. On January 27, Lee made a payment for both principal and interest on the note.

On March 3, a time extension was granted to Tomas Company in exchange for a $5,000, 10%, 90-day note. On March 17, H. Cheng was granted a 30-day extension on his past-due account receivable in exchange for a $2,000, 9% note. On April 16, Cheng's note was dishonored, and on May 1, Cheng's account was written off against the allowance for doubtful accounts. On June 1, Tomas made a payment for both principal and interest on the note.

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Please complete general journal, balance sheet and analysis. Performance Plastics Company (PPC) has been operating for three years. The beginning account balances are Cash Accounts Receivable Inventory Supplies Notes Receivable (due in three years) Equipment Buildings Land Accounts Payable Notes Payable (due in three years) Common Stock Retained Earnings $ 35,000 5,000 40,000 5,000 2,000 80,000 120,000 30,000 37,000 80,000 150,000 50,000 During the year, the company had the following summarized activities: a. Purchased equipment that cost $21,000; paid $5,000 cash and signed a two-year note for the balance. b. Issued an additional 2,000 shares of common stock for $20,000 cash. C. Borrowed $50,000 cash from a local bank, payable June 30, in two years. d. Purchased supplies for $4,000 cash. e. Built an addition to the factory buildings for $41,000; paid $12,000 in cash and signed a three-year note for the balance. f. Hired a new president to start January 1 of next year. The contract was for $95,000 for each full year worked. Requirement General Journal General Ledger Trial Balance Balance Sheet Analysis General Journal tab - Prepare the journal entries to record the transactions (a) through (f). Review the 'General Ledger' and the unadjusted 'Trial Balance' Tabs to see the effect of the transactions on the account balances. General Ledger tab - Each journal entry is posted automatically to the general ledger. Trial Balance tab - The ending balance values from the General Ledger tab flows through to the Trial Balance tab. Balance Sheet tab - Prepare a classified balance sheet at December 31. Analysis tab - Using the information from the requirements above, complete the 'Analysis' tab. Journal entry worksheet B C D E F Purchased equipment that cost $21,000; paid $5,000 cash and signed a two- year note for the balance. Record the transaction. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 PERFORMANCE PLASTICS COMPANY Balance Sheet At December 31 As of December 31 has the financing for PPC's investment in assets primarily come from liabilities or stockh O Liabilities Stockholder's Equity

Answers

Journal Entries:

(a) Purchased equipment that cost $21,000; paid $5,000 cash and signed a two-year note for the balance

Dec 31: Equipment 21,000

Dec 31: Cash 5,000

Dec 31: Notes Payable 16,000

(b) Issued 2,000 shares of common stock for $20,000 cash

Dec 31: Cash 20,000

Dec 31: Common Stock 20,000

(c) Borrowed $50,000 cash from a local bank, payable June 30, in two years

Dec 31: Cash 50,000

Dec 31: Notes Payable 50,000

(d) Purchased supplies for $4,000 cash

Dec 31: Supplies 4,000

Dec 31: Cash 4,000

(e) Built an addition to the factory buildings for $41,000; paid $12,000 in cash and signed a three-year note for the balance

Dec 31: Buildings 41,000

Dec 31: Cash 12,000

Dec 31: Notes Payable 29,000

(f) Hired a new president to start January 1 of next year. The contract was for $95,000 for each full year worked

No journal entry needed, this is a future liability.

How do we prepare other records?

Trial Balance:

Cash 88,000

Accounts Receivable 5,000

Inventory 40,000

Supplies 4,000

Notes Receivable 2,000

Equipment 21,000

Buildings 41,000

Land 30,000

Accounts Payable 37,000

Notes Payable 95,000

Common Stock 170,000

Retained Earnings 50,000

TOTAL 570,000

TOTAL 570,000

Balance Sheet:

ASSETS:

Cash 88,000

Accounts Receivable 5,000

Inventory 40,000

Supplies 4,000

Notes Receivable 2,000

Equipment 21,000

Buildings 41,000

Land 30,000

TOTAL 271,000

LIABILITIES & STOCKHOLDER'S EQUITY:

Accounts Payable 37,000

Notes Payable 95,000

Common Stock 170,000

Retained Earnings 50,000

TOTAL 362,000

TOTAL 271,000

Analysis:

The company's assets are mostly financed by liabilities and stockholder's equity. The company has $88,000 in cash, $5,000 in accounts receivable, $40,000 in inventory, and $41,000 in buildings. The company also has $29,000 in notes payable, $95,000 in notes payable, $170,000 in common stock, and $50,000 in retained earnings. The company has a total of $271,000 in assets and a total of $362,000 in liabilities and stockholder's equity.

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Nelson Company experienced the following transactions during Year 1, its first year in operation.
Issued $12,000 of common stock to stockholders.
Provided $4,600 of services on account.
Paid $3,200 cash for operating expenses.
Collected $3,800 of cash from accounts receivable.
Paid a $200 cash dividend to stockholders.
The amount of retained earnings appearing on Nelson Company's December 31, Year 1 balance sheet is:
$1,200.
$1,000.
$1,400.
$13,200

Answers

The amount of retained earnings appearing on Nelson Company's December 31, Year 1 balance sheet is $1,200.

given data:

amount to common stock = $12,000

Service Revenue = $4,600

Operating Expenses = $3,200

Dividend = $200

Net Income = Service Revenue – Operating Expenses

= $4,600 - $3,200

= $1,400

Ending Retained Earnings = Beginning Retained Earnings + Net Income – Dividend

= 0 + $1,400 - $200

= $1,200

An accounting document known as a balance sheet lists a company's assets, liabilities, and shareholder ownership. One of the three essential financial statements used to assess a company is the balance sheet. It offers a picture of a company's financial situation as of the publishing date. In financial accounting, a balance sheet is a statement of the financial standing of a person or organisation, whether they be sole proprietorships, commercial partnerships, corporations, private limited companies, or other organisations like the government or not-for-profit entities.

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An investor enters into a short forward contract to sell 100,000 British pounds for US dollars at an exchange rate of 1.4000 US dollars per pound. How much does the investor gain or lose if the exchange rate at the end of the contract is :a) 1.3900 cents per pound?b) 1.4200 cents per pound?c) Draw both the investor's (short) and the counterparty's (long) payoff diagram for this futures contract on the same graph.

Answers

(a) The investor would gain $1,000.

(b)The investor would lose $2,000.

Now, According to the question:

An investor enters into a short forward contract to sell 100,000 British pounds for US dollars at an exchange rate of 1.4000 US dollars per pound.

To determine the investor gain or lose if the exchange rate at the end of the contract.

a) 1.3900 cents per pound

G = 100,000 × (1.400 - 1.3900)

G = $1000

The investor would gain $1,000.

b) 1.4200 cents per pound

L = 100,000 × (1.400 - 1.4200) = -2000

The investor would lose $2,000.

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the accompanying display is a scatterplot relating the cost of a cappuccino to the cost of a third of a liter of water in 100 cities around the world. complete parts a through c below. loading... click the icon to view the scatterplot.

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A)Yes, there is a significant linear correlation between these variables. B) 90.3% of the variation in demand can be explained by the linear relation to price.C)If the price was set at $9.00, you would expect to sell 715 items.

a) Yes, there is a significant linear correlation between these variables. This can be seen from the high correlation coefficient (r=0.926), which indicates a strong positive linear relationship between the two variables.

b) 90.3% of the variation in demand can be explained by the linear relation to price. This can be calculated as r^2, which gives the percentage of variation in y that is explained by the linear relationship with x. In this case, r^2 = 0.926^2 = 0.859, so 86% of the variation in demand can be explained by the linear relationship with price.

c) If the price was set at $9.00, you would expect to sell 715 items. This can be calculated using the regression equation: y = 1451 - 96x. Plugging in x=9, we get: y = 1451 - 96 * 9 = 715. Round to the nearest whole number, the answer is 715.

"Below is the scatterplot, regression line, and corresponding statistics for price (x) -vs- number sold (y) data Demand Data Price -vs- Demand x Price per item (in dollars) y Demand (number of items sold) 1600 1400 o 1200 1000 800 600 400 200 correlation coefficient: r0.926 regression equation: y-96x 1451 sample size: ? 19 sample means: x- $6.50 y826.5 10 Price per Item (in dollars) Answer the following questions regarding the relationship between price (x) and demand (y) (a) Is there a significant linear correlation between these variables? O Yes O No (b) What percentage of the variation in demand can be explained by the linear relation to price? Enter your answer as a percentage with one decimal place. (c) How many items would you expect to sell if the price was set at $9.00? Round your answer to the nearest whole number. tems."

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[insert your responses to the following: explain the intent of the taxation policy decisions you made of your seven-year term. what were the macroeconomic principles or models that influenced your decision making?]

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The goal of taxation should be to raise the revenue needed to meet the government's spending requirements while not distorting economic decision-making or discouraging all Americans from spending, saving, and investing.

What is taxation?The notions that humans respond emotionally to economic situations, as well as through "multiplier effects" that complicate the outcomes, are among the macroeconomic principles that influence taxation policy decision-making.Taxation is the process by which a government raises funds to spend on things like public services and welfare benefits. There are numerous methods for obtaining tax revenue, as well as various definitions and structures for taxation.Taxation is the inherent power by which the sovereign, through its legislative body, raises revenue to cover the government's necessary expenses. It is a method of allocating the costs of the government among those who are privileged to enjoy its benefits while also bearing its burdens.

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which of the following will not cause demand for oranges to change?a a reduction in the price of orangesb an increase in incomec a reduction in the price of a complement for orangesd a decrease in the number of consumers in the market

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A reduction in the price of oranges will not cause the demand for oranges to change. Option A.

Any change in the demand for goods occurred due to the change in the other factors except the price of that good then this change is known as either increase in demand or a decrease in demand.

And if any change in demand for a good occurs due to the change in the price of that good, other factors remain constant, then this change is known as either increase in quantity demanded or a decrease in quantity demanded. Therefore, a reduction in the price of oranges will not cause the demand for oranges to increase or decrease.

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a movement toward a unified monetary policy within the european union has led to an increase in real interest rates in member countries, but not in the united states. explain how this increase in real interest rates will affect each of the following:

Answers

There will be fewer purchases (less demand) for the U.S. financial assets.

What is an asset?

An economic resource that is owned or managed by a person, group, or country with the intention of using it in the future is referred to as an asset. They are separated into categories for current, fixed, financial, and intangible assets. They are bought or created to increase a business's value or improve its operations. A patent or a piece of manufacturing equipment both qualify as assets because they have the potential to boost revenue, cut expenses, or provide cash flow in the future. An economic resource is anything that might not be available in large quantities but has the potential to help the economy by boosting or lowering cash outflows. Access that other people or businesses do not have can also be considered an asset.

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aracel engineering completed the following transactions in the month of june. jenna aracel, the owner, invested $205,000 cash, office equipment with a value of $5,900, and $64,000 of drafting equipment to launch the company in exchange for common stock. the company purchased land worth $53,000 for an office by paying $8,100 cash and signing a long-term note payable for $44,900. the company purchased a portable building with $59,000 cash and moved it onto the land acquired in b. the company paid $2,600 cash for the premium on an 18-month insurance policy. the company provided services to a client and collected $6,500 cash. the company purchased $30,000 of additional drafting equipment by paying $10,600 cash and signing a long-term note payable for $19,400. the company completed $16,500 of services for a client. this amount is to be received in 30 days. the company purchased $1,950 of additional office equipment on credit. the company completed $22,000 of services for a customer on credit. the company purchased $1,345 of tv advertising on credit. the company collected $9,000 cash in partial payment from the client described in transaction g. the company paid $1,100 cash for employee wages. the company paid $1,950 cash to settle the account payable created in transaction h. the company paid $990 cash for repairs. the company paid a $9,660 cash dividend. the company paid $1,700 cash for employee wages. the company paid $2,800 cash for advertisem*nts on the web during june. required: prepare general journal entries to record these transactions using the following titles: cash (101); accounts receivable (106); prepaid insurance (108); office equipment (163); drafting equipment (164); building (170); land (172); accounts payable (201); notes payable (250); common stock (307); dividends (319); services revenue (403); wages expense (601); advertising expense (603); and repairs expense (604). post the journal entries from part 1 to the ledger accounts. prepare a trial balance as of the end of june.

Answers

No. Justification/Accounts Debit a. Credit $100,000 in cash $5,000 Office Equipment Equipment for drafting $ 60,000 Capital, J. Aracel.

Impact equity: what is it?

A group with actual business and investment experience formed Impact Equity Fund. We strive to gain in-depth knowledge of the companies we invest in, have a realistic perspective on opportunities, and are ready to actively participate in helping our investees reach their full potential. The four components, namely income, expense, drawing, and capital accounts, may have an impact on the owner's equity. Transactions that raise equity are revenue and owner's investment. The amount of equity will expand as a result of any transactions that boost capital and profits.

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FILL IN THE BLANK when a manager assesses a particular environment and decides what to do according to the individual and environmental situation, the manager is utilizing the________viewpoint.

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Right answer is contingency - When a manager assesses a particular environment and decides what to do according to the individual and environmental situation, the manager is utilizing the contingency viewpoint.

What being a manager encompasses?

According to the conventional definition, a manager is only someone who coordinates the efforts of others. Simply, managers coordinate the efforts of others to accomplish goals. Managers in the modern workforce could be in charge of particular systems or tasks that don't involve people.

What is a manager's primary responsibility?

The manager's main responsibility is to coordinate the efforts of all team members and produce the finest outcomes possible to assure the organization's expansion. To get the best performance out of the workforce, managers have a variety of duties and obligations.

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Exercise 2-12 Cost Classification [LO2-2, LO2-3, LO2-4, LO2-7]
Wollogong Group Ltd. of New South Wales, Australia, acquired its factory building about 10 years ago. For several years, the company has rented out a small annex attached to the rear of the building. The company has received a rental income of $30,000 per year on this space. The renter’s lease will expire soon, and rather than renewing the lease, the company has decided to use the space itself to manufacture a new product.
Direct materials cost for the new product will total $80 per unit. To have a place to store finished units of product, the company will rent a small warehouse nearby. The rental cost will be $500 per month. In addition, the company must rent equipment for use in producing the new product; the rental cost will be $4,000 per month. Workers will be hired to manufacture the new product, with direct labor cost amounting to $60 per unit. The space in the annex will continue to be depreciated on a straight-line basis, as in prior years. This depreciation is $8,000 per year.
Advertising costs for the new product will total $50,000 per year. A supervisor will be hired to oversee production; her salary will be $3,500 per month. Electricity for operating machines will be $1.20 per unit. Costs of shipping the new product to customers will be $9 per unit.
To provide funds to purchase materials, meet payrolls, and so forth, the company will have to liquidate some temporary investments. These investments are presently yielding a return of about $3,000 per year.
Required:
Using the table shown below, describe each of the costs associated with the new product decision in four ways. In terms of cost classifications for predicting cost behavior (column 1), indicate whether the cost is fixed or variable. With respect to cost classifications for manufacturers (column 2), if the item is a manufacturing cost, indicate whether it is direct materials, direct labor, or manufacturing overhead. If it is a nonmanufacturing cost, then select "none" as your answer. With respect to cost classifications for preparing financial statements (column 3), indicate whether the item is a product cost or period cost. Finally, in terms of cost classifications for decision making (column 4), identify any items that are sunk costs or opportunity costs. If you identify an item as an opportunity cost, then select "none" as your answer in columns 1-3.

Answers

The cost behaviour is none, product cost classification is none and non-product classification is opportunity cost.

What is cost behavior?

When an activity is modified, cost behavior predicts how a cost will change generally.

In cost accounting and managerial accounting, three major cost behavior categories are frequently covered: variable costs The total quantity of a variable cost increases in direct proportion to the expansion of an activity. The total amount of a variable cost will also decrease according to a decreased activity, Fixed costs The total cost of a fixed cost is constant regardless of how much an activity changes. the variable or mixed costs. Both of these costs are made up of fixed and variable charges.

One example of a cost-conscious action is changing expenses. The price of flour at a bakery that produces artisan bread is an illustration of a variable cost. The overall cost of the flour used by the bakery increases as more loaves are produced.

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In which of the following do private individuals and firms own most of the property resources such as land and capital? a) Barter system b) Communism c) Market system d) Socialism

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Market system do private individuals and firms own most of the property resources such as land and capital.

What constitutes a market system, specifically?

A market system is a group of buyers, sellers, and other participants who get together to conduct business in a certain good or service. A market system's participants include: Direct market participants that fuel economic activity in the market include producers, buyers, and consumers.

It is not governed by a centralised body; rather, the supply and demand for goods and services decide it. The market economies of the United States, England, and Japan are all examples.

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now write a matlab program that adds the terms until the approximate percent relative error (error between current and previous estimate) falls below 0.01%. document the final value, the percent relative error (approximate and true), and the number of iterations it took.

Answers

This is a Matlab program that implements this logic:

the conclusion of the programme, the final number, the approximate percent relative error, and the actual percent relative error are reported.

clear;

% Initialize variables

previous_estimate = 0;

current_estimate = 1;

percent_relative_error = 100;

n = 1;

% Define the terms of the series

terms = (n) (-1)^(n-1)/(2*n-1);

% Iterate until the percent relative error falls below 0.01%

while percent_relative_error >= 0.01

previous_estimate = current_estimate;

current_estimate = current_estimate + terms(n);

percent_relative_error = abs((current_estimate - previous_estimate) / current_estimate) * 100;

n = n + 1;

end

% Print the results

true_error = (pi - current_estimate) / pi * 100;

fprintf('Final value: %f\n', current_estimate);

fprintf('Number of iterations: %d\n', n-1);

fprintf('Approximate percent relative error: %f%%\n', percent_relative_error);

fprintf('True percent relative error: %f%%\n', true_error);

By accumulating the terms of the series terms(n), this software approximates pi until the percent relative error (percent relative error) is less than 0.01%. The variables previous estimate and current estimate each store the value of the previous and current estimates, respectively. Additionally, the quantity (n) of iterations is tracked.

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25. the demand curve and supply curve for one-year discount bonds with a face value of $1,000 are represented by the following equations:bd:price

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the demand and supply curve can be represented as the Bd: Price = -0.6 Quantity + 1140 Bs: Price = Quantity + 700.

Suppose the Federal Reserve sells 80 bonds it holds due to monetary policy actions. If the Federal Reserve were to sell 80 of its holdings of bonds, the amount of 1-year discount bonds offered in the market would increase by 80. The new supply curve can be expressed as Bs: Price = Quantity + 700 + 80 = Quantity + 780 At the same time, the increase in supply causes the price of the bond to fall along the original demand curve. This is represented by the following formula: Bd : Price = -0.6 Quantity + 1140 .To find the new equilibrium price and quantity, set the demand equation equal to the new supply equation and solve for quantity: -0.6 quantity + 1140 = quantity + 780 price = -0.6 * 180 + 1140 = 940 . The Federal Reserve sells 80 Treasuries resulting in a new equilibrium price of $940 and a new equilibrium quantity of 180 for a $1,000 face value 1-year discount note.

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identify tips that would help jim listen more effectively to what his international colleague has to say about the production process. check all that apply.

Answers

Tips that would help him listen more effectively to what his international colleague has to say about the production process are :

-Judge ideas, not appearances

-Keep an open mind

-Focus on nonverbal signals

Who is deemed to be a colleague?

Someone with whom you share an office setting is referred to as a colleague. They may be a direct or indirect coworker of yours; for instance, they may be your manager or a member of a separate department.

The following advice would enable him to pay closer attention to what his foreign colleague has to say about the production process Judge ideas, not outward appearances, and be open-minded and pay attention to nonverbal cues.

Therefore, Colleagues can also be business associates who are employed in your sector or line of work.

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(100 Points!) What huge non-fiction sub-genre includes photojournalism, documentary photography, and travel photography?
A. nature
B. scientific
C. life
D. military

Answers

Answer:

life

Explanation:

Lacking, then, a truly precise definition, Documentary Photography is best thought of as an umbrella term that encompasses many styles and themes including: Social Documentary; Conservation Photography; Ethnographic Photography; War Photography; the photo essay; New Documents; and Social Landscape photography.

Here to confirm that the answer is indeed B) Life

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Payments in a partial amortization loan are based on the amortization period, not the loan period. The remaining balance is then ______.

Answers

Payments in a partial amortization loan are based on the amortization period, not the loan period. The remaining balance is then due in a lump sum payment, also known as a "balloon payment," at the end of the loan period.

In a partial amortization loan, only a portion of the loan is amortized over the loan period, meaning that only a portion of the loan is paid off through regular payments. The remaining balance is due in a lump sum payment at the end of the loan period. This type of loan can be useful for borrowers who expect their income to increase significantly over the loan period, allowing them to pay off the remaining balance in a lump sum. However, it can also be risky, as the borrower may not be able to make the lump sum payment when it is due, which could result in default.

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nick denton mentions that gawker media might have overreacted in cutting positions and, as a result, had to hire more employees for some brands. which of the following is the main way to let potential employees know about an open position and its qualifications?

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a) Job posting is the main way to let potential employees know about an open position and its​ qualifications.

Job posts, often known as job advertisem*nts, are the primary method by which businesses acquire new applicants for open positions. Historically, job listings were frequently placed in the classifieds section of newspapers.

Nowadays, most job postings are published online. To develop and distribute job advertisem*nts, businesses employ recruitment software such as an application tracking system or a contemporary Talent Acquisition Platform.

Using recruitment software guarantees that jobs are distributed centralized across web assets such as the company's career site and social media networks, as well as external job boards.

Internal job postings keep the job ad's distribution within the organization. This indicates that the posting is only sent to current workers.

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Correct question:

Nick Denton mentions that Gawker Media might have​ over-reacted in cutting positions​ and, as a​ result, had to hire more employees for some brands. Which of the following is the main way to let potential employees know about an open position and its​ qualifications?

a) Job posting

b) Informal recruiting

c) Workforce planning

d) employee recruiting

at the project level, which of the following is a factor that should influence the choice of project management structure?

Answers

Projects and organisational culture are related.

The corporate culture of a company is a key determining factor for all actions intended to be carried out within the Organization, such as Projects, as it describes how people interact with one another within an organization. Any project that is to be carried out must adhere to the organizational culture.

Additional elements that are known to affect project management Included in structure are the following

THE ORGANIZATION'S SIZETHE BUSINESS IT ENGAGES ININSTITUTIONAL STRUCTUREThe company's goalsTHE LEADERSHIP OF THE ORGANIZATION.

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ken and traci are two woodworkers who both make tables and chairs. in one month, ken can make 18 tables (and 0 chairs) or 3 chairs (and 0 tables), whereas traci can make 8 tables (and 0 chairs) or 24 chairs (and 0 tables). given this, we know that the opportunity cost of 1 chair is hint: draw the ppfs for both ken and traci. since the question asks about the opportunity cost of chair, we can put chair on the horizontal axis.

Answers

The opportunity cost of one table is 1/6 of a chair for Ken and 1/3 of a chair for Traci.

What is opportunity cost?The "cost" incurred when one foregoes the benefit associated with the best substitute choice is known as opportunity cost.

Ken and Traci are the people in this case.

Ken and Traci can both make either tables or chairs.

Return on Most Profitable Investment Choice - Return on Investment Pursued = Opportunity Cost

Ken

Makes 3 tables or 18 chairs, implying that 6 chairs could have been made for every table made.

6 Chairs = Opportunity Cost (of 1 Table)

Traci

Makes 8 tables or 24 chairs, implying that 3 chairs could have been made for every table made.

The opportunity cost (of one table) = 3 chairs.

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Fill In The Blank. Salaries Already Paid To Employees For The Month Is A(n) ___account That Appears On (2024)

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