Answer:
see below
Explanation:
Wages are business expenses. In the Double entry system, an increase in expenses is a debit entry.
When wagers are paid, cash available reduces. Cash is an asset account. A decrease in an asset account is a credit entry.
the Journal entry in the case will be
Wages A/C Dr $5000
Cash A/C Cr $5000
Leisure Time Corp. follows the practice of paying all employees for vacation. The vacation pay is not vested, but it carries over for one year if unused. The obligation for earned but unused vacation should be
Answer:
Accrued as a current liability
Explanation:
From the question we are informed about Leisure Time Corp. which follows the practice of paying all employees for vacation. The vacation pay is not vested, but it carries over for one year if unused. In this case The obligation for earned but unused vacation should be Accrued as a current liability. current liabilities in accounting are liabilities in the firm that involves cash when settling it, in the fiscal year as well as operating cycle of a particular company
what are the criticism of adam smith defination of economics?
Answer:
Criticism of Smith's Definition
The wealth-centric definition of economics limited its scope as a subject and was seen as narrow and inaccurate. Smith's definition forced the subject to ignore all non-wealth aspects of human existence.
Jansen Inc. acquired all of the outstanding common stock of Merriam Co. on January 1, 2019, for $257,000.Annual amortization of $19,000 resulted from this acquisition.Jansen reported net income of $70,000 in 2019 and $50,000 in 2020 and paid $22,000 in dividends each year.Merriam reported net income of $40,000 in 2019 and $47,000 in 2020 and paid $10,000 in dividends each year.What is the Investment in Merriam Co. balance on Jansen's books as of December 31, 2020, if the equity method has been applied
Answer:
$286,000.
Explanation:
Calculation for the Investment in Merriam Co. balance on Jansen's books as of December 31, 2013, if the equity method has been applied
Using this formula
Investment balance=Common stock+ 2019 Reported net income+2020 Reported net income-Dividends-Annual amortization- Dividends-Annual amortization
Let plug the formula
Investment balance=$257,000 + $40,000 + $47,000 - $10,000 - $19,000 - $10,000 - $19,000
Investment balance= $286,000
Therefore the Investment in Merriam Co. balance on Jansen's books as of December 31, 2013, if the equity method has been applied will be $286,000
Lenny loves physics and math. In which Energy career pathway would these interests be the most helpful?
O Distribution
O Generation
O Analysis
O Transmission
Answer:
For t
Explanation:
it will be analysis
Answer:
analysis
Explanation:
Eric and Chris run a non-regulated natural monopoly producing electricity for a small town. The barrier most likely preventing other firms from competing with her is
Answer:
increasing returns to scale
Explanation:
The biggest barrier for other firms are increasing returns to scale. This is because Eric and Chris have their company already established and also have their clientele all hooked up and using their service. This allows them to produce a much higher electrical output for their clients with a certain Income. Newer companies will need a much higher income just to be able to produce a similar electrical output in order to try and compete with Eric and Chris.
9. The controlling function of management could also be described as (1 point)
supervision.
O accounting
O oversight
O evaluation
Answer:
D) evaluation
Explanation:
took the test
The graph represents price and output quantities under a monopoly. What price will the monopolist firm set? A. $5 B. $10 C. $15 D. $20
The correct answer is C.
A monopoly is a market structure where a single firm serves the whole demand of a specific good or service. It does not face competitors, therefore, such firm has absolute market power to decide the price charged for its products.
So, the monopoly is able to charge a higher price than in a perfect competition scenario where the price would be set at the intersection betweeen the demand function and the marginal cost function.
Instead, the quantity sold in the monopoly (q*) is determined by the intersection of the marginal revenue and marginal cost curves, and the monopoly price is computed by substituting q* in the expression of the demand function (because the demand function relates price and quantity).
The result is 15$ as the picture shows.
Answer:
Its C. $15
Explanation:
Elle is in high school and wants to have job until she graduates. Which job would she be most qualified for until she graduates high school?
O Purchasing Agent
O Cashier
O Sales Agent
O Interviewer
First of all we should understand the nature of job of Purchasing Agent, Cashier, Sales Agent and an Interviewer to decide which option should Elle would be most qualified for until she graduates high school.
Who is a Purchasing Agent?The persons who buy the parts and materials that help in the production of goods are called purchasing agents or purchasers.
Buyers and purchasing agents review the history and quality of the suppliers before making the purchase. They should be qualified enough to consider price, quality, availability, reliability, and technical support when choosing suppliers and merchandise.
Who is a Cashier?A cashier is a person who handles the cash register at various locations such as the point of sale in places such as shops or banks.
He is also known as teller, accountant, clerk, treasurer. Only qualified and skilled persons can perform the role of cashier.
Who is a Sales Agent?A person hired by any company to sell its products or services is known as Sales agent.
A sales agent take orders, offer services and provide support in person and via telephone or internet. This job can be done with little training and less qualification.
Who is an Interviewer?A person who conducts an interview to hire the candidates is known as Interviewer. To be an interviewer, a person needs to be well qualified with great communication skills.
So, the best role that Elle can take up until she graduates is that of a Sales Agent.
To learn more about job options here
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Please Help!!!!!!!!!!!!! Watch the Video and Answer the Question!
Briefly describe in your own words the history of Capitalism and Socialism. How and where did each of these systems start? Describe how each system works. Use evidence from the video to support your answer.
Capitalism and Socialism: Crash Course World History #33:
Answer:
WHAT VIDEO
Explanation:
Answer:
uhm there is no video lol send a link and maybe i can help! :)
Explanation:
The phrase leader should praise followers in public and punish them in private is really a statement concerning what two important parts of communication?
Answer:
Encoding and Decoding
Explanation:
The two important parts of communication in this situation is known as Encoding and Decoding
The Encoding ensures the sender (leader) sends the message (praise in the public) in such a way, (employing certain symbols including actions, words, etc, ) that the receiver can easily decode or understand.
Through Decoding the receiver (followers) receive the message (praise in the public or punishment in the private) in such a way that he understood the meaning of the message.
Hence, in this case, the correct answer is Encoding and Decoding.
Select the correct answer. Which of these is an essential element of a formal email? A. sender's website B. date line C. subject line D. sender's home address
Answer:
The answer is C.
Explanation:
Email is an electronic method of sending mail to a friend, family, colleague, business partners, suppliers etc.
According to this question, the essential element of a formal email is Subject line(option C). The subject line give us the clue of what will be in the body of the mail. The subject line is like the title or the headline.
Option A is not correct because it is not usually in the mail. And this is the reason for the other incorrect options too.
Answer:
The answer is C
Explanation:
Who is primarily responsible for determining the market value of the home you want to buy? The underwriter The appraiser The home inspector The real estate agent
Answer:
The real estate agent
Explanation:
The real estate agents are the one who are primarily responsible to determine the market value of property.
The appraiser is largely responsible for assessing the home's market value.
Explanation:
Option "B" is the correct answer to the following question.
The appraiser's duty is to offer accurate, impartial, and disinterested views on the value of the real properties or estate to people who own, administer, sell, engage in, and/or lend the money on the protection of real estate.
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According to the video, what are some tasks performed by Tellers? Check all that apply.
O reviewing insurance applications
O cashing checks
O analyzing investment opportunities
O judging risk based on statistics
O accepting payments for a customer's bills
O dealing with foreign currencies
Answer:
Cashing checks, receiving checks/ paying out money, entering transactions on computers
Explanation:
According to O*NET, what are some common tasks performed by Tellers? Check all that apply.
Answer:
2, 5, 6
Explanation:
Hope this helps!
Question 1 of 10
How does a person's marital status affect the amount that is deducted from
his or her paycheck for taxes?
O A. Divorced people pay more in taxes than married people.
O B. Deductions for married people are often less than those for single
people
C. Marital status has no impact on taxes.
D. Deductions for married people are often more than those for
single people.
Answer:
B. Deductions for married people are often less than those for single people
Explanation:
You want to know how a person's marital status affects the amount that is deducted from his or her paycheck for taxes.
DiscussionIn the US, the withholding tax tables generally call for smaller deductions for a person who is married than for a single person. The amount deducted depends on the declarations made on the W-4 form: whether the person is single or married, the number of dependents, and whether they are the head of the household.
Other things being equal a married person will have less withholding tax deducted than a single person.
__
Disclaimer
This should not be considered to be tax advice. Consult a tax professional for the latest and best information on this subject.
Each tile shows an investors tax bracket
Three-month European put options with strike prices of $50, $55, and $60 cost $2, $4, and $7, respectively. What is the maximum gain when a butterfly spread is created from these put options?
Answer:
hiii...myself tanvi new on brainly...can get some help from you plz....to know the people
write in brief about training
Answer:
Training is teaching, or developing in oneself or others, any skills and knowledge or fitness that relate to specific useful competencies. Training has specific goals of improving one's capability, capacity, productivity and performance.
Explanation:
Hope it helps you:))
You're the sole IT employee at your company, and you don't know how many users or computers are in your organization. Uh oh! What can you use to easily manage the users in your company
Answer:
Directorial Services
Explanation:
The best tool to use in this situation would be Directorial Services. This is a widely used computer program for IT employees in companies of all sizes. Mainly because it allows you as an IT employee to easily see all of the individual computers and devices connected to the main network of the company. This program also allows you to analyze data being transferred through devices, manage each computer individually, and distribute resources accordingly.
Gross domestic product measures Group of answer choices the value of all output in the economy. the total income of everyone in the economy. the total spending of everyone in the economy. all of the above
Answer:
the value of all output in the economy.
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Items not included in the calculation off GDP includes:
services not rendered to oneself
Activities not reported to the government
illegal activities
sale or purchase of used products
sale or purchase of intermediate products
Nominal GDP is GDP calculated using current year prices while Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.
Mining Corporation purchases the business assets of Open Pit Inc., including its equipment and supplies, for an agreed-to price, payable in installments. Under the UCC, this transaction is
Answer:
A sales.
Explanation:
The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America.
In this scenario, Mining Corporation purchases the business assets of Open Pit Inc., including its equipment and supplies, for an agreed-to price, payable in installments. Under the UCC, this transaction is a sales.
According to the kinked-demand model of oligopoly, if two of three firms ignore a price decrease by the third firm ______. Multiple choice question. the third firm will lose sales because the other two firms' demand curves become more inelastic the third firm will gain sales because the other two firms' demand curves become more elastic the third firm will gain sales because the other two firms' demand curves become more inelastic, relative to the third firm's demand curve the third firm will lose sales because the other two firms' demand curves become more elastic
Answer:
the third firm will lose sales because the other two firms' demand curves become more inelastic
Explanation:
In the case when the two out of the three firms would ignore the price reduction made by the third firm so in this case the third firm could lose the sales as the demand curve of other two firms become more inelastic
Therefore as per the given situation, the option a is correct
hence, the same is to be considered
____________ occurs when a seller takes on various digital identities by opening up several email accounts and bids on his or her own items multiple times to prompt genuine bidders to provide a much higher bid for an item than they would have done otherwise.
Answer:
Shill bidding
Explanation:
Shill bidding occurs when a seller takes on various digital identities by opening up several email accounts and bids on his or her own items multiple times to prompt genuine bidders to provide a much higher bid for an item than they would have done otherwise
Monopolistically competitive firms are not productively efficient because output is less than society's optimal level because a producer's ______. Multiple choice question. marginal revenue per unit is not at its optimal possible price average fixed cost per unit is not at its lowest possible cost average total cost per unit is not at its lowest possible cost average variable cost per unit is not at its optimal possible cost
Answer:
average total cost per unit is not at its lowest possible cost
Explanation:
A monopolistic competition is defined as such a market where many different firms or companies sells various differentiated products. Here the firm has some control on the price of the product. It is a market structure of considerably no price competition.
The monopolistic firms are not productive enough because the output is very less than the optimum level of the society as the average total cost of the producer per unit is not at the lowest possible cost.
Which are the two best examples of long-term needs that people need to save for?
1) college education
2)down payment on a home
3)medical emergences
4)plumbing problems in the home
5) unexpected car repair
Answer:
1. college education
2. medical emergencies
Explanation:
"Long-term needs" refer to things that you will be needing in the future. Among the choices above, the two best examples of long-term needs that people need to save for are: college education and medical emergencies.
Saving up for college is important if you want to have a bright future or a better salary. Having a good income will give you the chance to save up for your future home's down payment as well as mortgage payment. It will most likely give you a better quality of life. Thus, college education should come first.Saving up for medical emergencies is also crucial because we're all human beings who, at some point, will deteriorate physically. There are also incidents which we cannot control such as "car accidents." Having money allotted for it will prevent you from borrowing money from other people.when must interest and principal payments on a Stafford Student Loan begin
Answer:
The interpretation of the issue is listed throughout the clarification section below.
Explanation:
As usual and when you get a subsidized mortgage, the economy amount to accrue, but perhaps the government will pay everything on someone's account. This seems to be the case for other education loans, individuals aren't encouraged to make additional cash receipts and cash contributions while being in education or even for 6 months after taking university or education center.
Repair Inc. issues a plan to combine operations with Service Company. Tom is a shareholder who disapproves of the deal. He may be entitled to an appraisal right if the combination is Group of answer choices a merger or a short-form merger. a purchase of substantially all of the assets of either corporation. none of the choices. a dissolution or winding up of either corporation.
Answer:
Repair Inc.
Tom may be entitled to an appraisal right if the combination is:
a purchase of substantially all of the assets of either corporation.
Explanation:
An appraisal right is Tom's right, as a dissenting stockholder, to demand appraisal and payment of the fair value of his stocks from either Repair Inc. or Service Company. Since Tom has dissented and voted against the proposed combination, the appraisal right enables Tom to withdraw and demand the payment of the fair value of his shares in either corporation.
You are considering a 5/1 ARM. What does the 1 represent?
A. The number of years between adjustments in the interest rate
B. The interest rate of the initial fixed-rate loan period
C. The total number of years in the loan D. The number of years that a fixed interest rate will be applied to the loan
Answer:
Explanation:
The answer is A hope it helps
Answer:
A. The number of years between adjustments in the interest rate
Explanation:
Took the class
mom???????????????????????
mom ??????????????????????
Answer:
Go back to bed sweetie, here some fruit snacks now go to sleep.There are no monsters under your bed honey.
Explanation:
Have a great day.
Canned food available for sale at grocery stores have been subjected to a commercial canning process. If you bought a can of peas from the local grocery store and found the peas to be spoiled, it could explained by
Answer:
Three things:
-Under processing before canning
-Spoilage before canning
-entrance of water through can seams during cooling
Explanation:
The preservation process is aimed at reducing the rate of spoilage of food products over time.
When adequately processed a time can be given during which the food product is still not spoilt. For example 1 year from date of canning. After this period there is a high possibility of food spoilage.
If a can of peas was bought from a grocery and it is spoilt it is either the peas were not well processed, there was spoilage before commercial canning, or water entered when cooling during canning
A monopolistically competitive profit-maximizing firm is currently producing and selling 2,000 units of output. At this output level, marginal revenue is $9, average revenue is $10, and the average variable cost is $8. The product price is
Answer:
$10
Explanation:
Q = 2000 units . At this output level, Marginal Revenue = $9
Average Revenue = $10
Average variable cost = $8
The product price is $10 which is represented by average revenue curve.
