1. Recording the transactions for December for Golden Eagle Company is as follows:
Journal Entries:Debit Supplies $4,400
Credit Cash $4,400
Debit Salaries Payable $10,900
Credit Cash $10,900
Debit Deferred Revenue $4,350
Credit Cash $4,350
2. Journalizing the adjusting entries for Golden Eagle Company for December is as follows:
Adjusting Journal Entries:Debit Supplies Expenses $2,900
Credit Supplies $2,900
Debit Insurance Expenses $1,950
Credit Prepaid Insurance $1,950
Debit Salaries Expenses $15,900
Credit Salaries Payable $15,900
Debit Deferred Revenue $1,450
Rent Revenue $1,450
Transaction Analysis:Supplies $4,400 Cash $4,400
Salaries Payable $10,900 Cash $10,900
Deferred Revenue $4,350 Cash $4,350
Analysis of Adjusting Entries:Supplies Expenses $2,900 Supplies $2,900
Insurance Expenses $1,950 Prepaid Insurance $1,950
Salaries Expenses $15,900 Salaries Payable $15,900
Deferred Revenue $1,450 Rent Revenue $1,450
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Question Completion:Debit Credit
Supplies $1,950
Prepaid Insurance 7,800
Salaries Payable $10,900
Deferred Revenue 0
The following information is known for the month of December:
1. Purchases of supplies for cash during December were $4,400.
Supplies on hand at the end of December equal $3,450.
2. No insurance payments are made in December. Insurance expired in December is $1,950.
3. November salaries payable of $10,900 were paid to employees in December. Additional salaries for December owed at the end of the year are $15,900.
4. On December 1, Golden Eagle received $4,350 from a customer for rent for the period December through February. By the end of December, one month of rent has been provided.
Required: For each item. (a) record any transaction during the month of December, and (b) prepare the related December 31 year-end adjusting entry.
Erickson Air is a large airline company that pays a customer relations representative $8,000 per month. The representative, who processed 3,000 customer complaints in January and 2,500 complaints in February, is expected to process 40,000 customer complaints during the year.
If Erickson Air is a large airline company that pays a customer relations representative $8,000 per month. the total cost of processing customer complaints in January and in February is: January $7,200, February $6,000.
Month Allocated CostJanuary allocated cost :
January allocated cost = $3,000 × ($8,000×12 months/ 40,000)
January allocated cost =$3,000 × 2.4
January allocated cost = $7,200
February allocated cost:
February allocated cost= $2,5 00 × ($8,000×12 months/ 40,000)
February allocated cost= $2,500 × 2.4
February allocated cost= $6,000
Therefore If Erickson Air is a large airline company that pays a customer relations representative $8,000 per month. the total cost of processing customer complaints in January and in February is: January $7,200, February $6,000.
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Which of the following is NOT important to consider when choosing a career?
a
Your values
b
Your interests
c
Your skills
d
Your desired future lifestyle
e
All of the above are important to consider when choosing a career
Answer:
D. Your desired future lifestyle.
Why? Because you don't need your desired future lifestyle to be in mind as you choose your career. However, if it is not correct, then I think it would be E. All of the above are important to consider when choosing a career.
Explanation:
If it's wrong, I'm truly sorry, but I believe it is correct. Please give me Brainliest, but you don't have to if you don't want to. Thank you.
What kind of risks can exist in a business?
Answer:
Business risk usually occurs in one of four ways: strategic risk, compliance risk, operational risk, and reputational risk.
Explanation:
Is great profit or nay profit more important to consider when your deciding how successful and profitable a company is
Yes, gross profit or net profit is important in considering if your company is successful and profitable. The main of a business within an economy is to earn profit from its operations and activities.
Net profit is the quantity of money your business earns after deducting all operating, interest, and tax fees over a given period of time. to reach at this cost, you need to recognize a business enterprise's gross profit. If the value of internet income is bad, then it's far known as internet loss.
How do you calculate your net profit?
Net profit is gross earnings minus operating expenses and taxes. You may also consider it as general profits minus all expenses.
What is net profit also referred to as?
Synonymous with internet income, net profit is a business enterprise's general earnings after subtracting all costs. Expenses subtracted consist of the prices of regular business operation as well as depreciation and taxes. Net profit is generally called a business enterprise's “bottom line” and is a true indicator of a business enterprise's profitability.
What's net profit and gross?
Gross earnings suggests how an awful lot money your enterprise makes after meeting a few prices. Net profit indicates how an awful lot you make after assembly all expenses. A business's gross profit is the money it has left after buying the goods and offerings it sold. Its internet income is the cash left after paying clearly all fees and taxes.
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A student took the state examination at the testing center and failed. She wants to review the test and see what answers she provided. She knows that she can review the exam within two years of the date of the examination, and she makes an appointment to do so. Will she be able to review the entire exam?
Yes. Because she is attempting the test inside the legally permitted two-year window, she will have time to revisit the entire thing.
What is a test?A test can be defined as the procedure in which various people are asked questions about various topics.
As a student took the test, it was constituted that the person have filled the test, but she still wanted to review the test to see what all were the mistake, she can access it as there is a Window for 2 years.
the people can see all where the mistake that they have made and can treat you accordingly, but after 2 years the test won't be available according to the policy.
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Why is it important to visit Nissan-sponsored and third-party automotive websites?
Answer: NO DONT VISIT NISSAN, VISIT MCLAREN!
Explanation: MCLAREN > NISSAN
Which of the following expenses should be included in your budget?
A) Clothing allowance
B) Entertainment (ex. going to the movies)
C) Gas/travel
D) All of these
Answer: D
Explanation: You need all of these things in your life. If you spend wisely you can get what you want AND the things that you need.
Partial income statements of Schneider Products Inc. are reproduced below: 2019 $50,000 20,000 $30,000 2020 $50,000 23,000 $27,000 Sales Cost of goods sold Gross profit The 2019 ending inventory was overstated by $2,000 during the physical count. The 2020 physical inventory count was done properly. Required: 1. Calculate the impact of this error on the gross profit calculated for 2019 and 2020. 2. What is the impact of this error on total assets at the end of 2019 and 2020? Net assets?
Answer:291929
Explanation:
Companies persist with ineffective ads for many reasons. The belief that, if they don't advertise as much as their competitors they will not succeed, is called:
Group of answer choices
competitive pressure
conflict of interest
incentive system
prisoner's dilemna
The belief that, if they don't advertise as much as their competitors, they will not succeed, is called competitive pressure. Thus, option A is correct.
What is Companies?A company can be defined as commercial business organization who has a separate legal entity which has its owner, they are texting financial liability who work in order to earn money.
As in the present time there are a lot of people who are in a competition business, therefore it is necessary the even though business advertisement is not doing well to keep it on it as it would create a sense of establishment in the economic market for the firm.
This would create a sense of competition in the market. Therefore, option A is the correct option.
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e United States and China each produce steel and toys.
The following are the production possibility schedules for each nation.
Answer the questions below based on the PPF schedules.
China
A
B
C
D
E
Steel
8
6
4
2
0
Toys
0
10
20
30
40
United States
A
B
C
D
E
Steel
16
12
8
4
0
Toys
0
12
24
36
48
Which country has absolute advantage in the production of steel?
Which country has absolute advantage in the production of toys?
Which country has comparative advantage in the production of toys?
Which country has comparative advantage in the production of steel?
If the two countries specialize and trade with each other, which country will import steel?
An email usually is short in length and very direct.
True or false
Answer:
True
Explanation:
It should be short not too long so the reader xan read it easier and do not get bored with it. Direct because there is a chance they wouldnt understand you if you give hints, but not direct question/answer etc .
Wiley Company had total revenues of $360,000 for a recent month. During the month the company incurred operating expenses of $246,000 and purchased land for $66,000. Compute the amount of Wiley’s net income for the month.
Wiley Company's net income for the month is $114,000.
What is the net income?The net income is the difference between the total revenue and the total expenses.
The total expenses include direct and indirect costs.
Direct costs are also called marginal, variable, or differential costs because they vary according to the output level. Examples of direct costs are direct materials, direct labor, variable overheads, or cost of goods.
The indirect costs are called fixed costs and do not change based on the output level. Some of the fixed costs include rent expenses, insurance expenses, property taxes, and factory equipment depreciation.
Data and Calculations:Total revenues of $360,000
Total operating expenses of $246,000
Net income for the month = $114,000 ($360,000 - $246,000)
Thus, Wiley Company's net income for the month is $114,000.
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If a country engages in international trade to gain access to natural resources, they
Answer:
4578754445765567854456765455675567
Sven lives in Norway. Although the government owns some major industries, Sven does own and operate a small bakery. In addition, the government provides social programs for its citizens, like health insurance, social security, and pensions. Norway's economic system is
capitalism.
communism.
autocracy.
mixed.
socialism.
Based on the fact that Sven still owns a small bakery and the government owns some major industry, Norway's economic system is Mixed.
What is a mixed economy?A mixed economy is one that has both elements of a capitalist economy and a socialist economy.
This means that the government can own some industries and companies in the economy, but citizens are still able to own private companies and property like Sven in Norway.
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If you had a clause in your wage contract that increased your wage bythe rate
of inflation as measured by the CPI calculated above, wouldyour standard
of living increase, decrease, or stay the same over the years 2003–2005?
Why
If wage is increased at the inflation rate measured by the CPI, the standard of living would increase. This is because the CPI overstates inflation.
What is the CPI?The consumer price index measures the changes in price of a basket of good. It is used to measure inflation.
Inflation is when there is a persistent rise in the general price levels in an economy. Inflation can be as a result of increase in the cost of production or an increase in the demand for goods and services. The consumer price index usually overstates inflation.
Consumer price index = (cost of basket of goods in current period / cost of basket of goods in base period) x 100
One of the measures of the standard of living, is if wages rise in tandem with inflation. If the rate of increase in wages is greater than that of inflation, the standard of living is higher.
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In 2007, actor George Clooney was hospitalized in New Jersey after a motorcycle accident. When the hospital's privacy officer conducted a privacy audit of the HER, the audit revealed that 27 doctors and other hospital employees not involved in the care had access the record. Within hours, information regarding his hospitalization and condition was published by a pop culture magazine. The access and release of information is a clear HIPAA violation. As an HIM professional, what recommendations would you make to the hospital chief executive officer (CEO) for discipline of:
• The employee(is) who accessed the record to satisfy personal curiosity • The employee(s) who leaked information to the press
Clooney Shows That Private Medical Information Is Not So Private
A total of 27 employees at a hospital in New Jersey were fired on Wednesday after it was discovered that they had allegedly viewed George Clooney's private medical information while the actor was receiving treatment there following a motorbike accident.
Administrators claimed that none of the four staff who were each suspended for four weeks were treating Clooney, which raised a number of concerns about who can access patient medical records and what safeguards are in place to ensure their privacy.
Clooney and passenger Sarah Larson were hurt after the motorcycle he was operating collided with a car on September 21. They were both brought to Palisades Medical Center in North Bergen, New Jersey. Larson damaged her foot, and Clooney fractured a rib. The confidentiality breach was found, according to hospital management, following a normal audit.
According to Eurice Rojas, the hospital's vice president of external affairs, "we routinely undertake audits to make sure our procedures are safeguarding individuals' rights." "In light of this situation, we immediately started an audit, which prompted [the investigation]." Since 1996, when hospitals first started storing sensitive medical data on computer systems, insurance firms and hospitals have been obligated by federal law to protect the privacy of medical information.
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1 pts
If Maria can produce more output from a set amount of resources than Lance, _____ has a(n)
advantage.
Maria has an absolute advantage.
What is absolute advantage?A person has absolute advantage in the production of a good or service if he produces more quantity of a good when compared to other people using the same or similar production resources. The concept of absolute advantage was introduced by Adam Smith, a Scottish economist in 1776 when he used it in the context of international trade.
For example, let's assume that Maria can produce 100 cobs of corn on 1 acre of farmland and Lance can produce 10 cobs of corn on 1 acre of farmland. Maria has an absolute advantage in the production of corn because she produces more quantities of corn when compared with Lance.
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True or False: An important part of the motivation of Advocacy in PR is the concept of status conferral.
The statement, an important part of the motivation of advocacy in PR is the concept of status conferral, is true.
Public relations (PR) is about managing the perceptions that how people will think about your business. Thus, it aims in order to increase the awareness, attract customers, and improve business reputation.
PR is involved with the recruitment of the volunteers for the non profits, new hires, etc. So today's recruiters mostly use the social networking sites. Thus, the PR companies consider it as a major achievement in order to get their client or organization recognized on a big scale status conferral.
Hence, the statement is true.
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1. Deceitful Dad promises to take Sammy Son to the store to purchase a video game over the weekend. Deceitful Dad has promised to do this multiple times, and never follows through. Sammy Son has had enough and writes a contact between Deceitful Dad and Sammy Son. Both parties sign the agreement and it is notarized. Deceitful Dad, despite the contract, fails to follow through once again. Can Sammy Son seek damages under the contract? Why or why not? Would the result be different if Sammy Son paid Deceitful Dad $15.00 to take him to the store?
Answer:
Explanation:
No, I don't think so. It's not serious, and if Deceitful Dad makes it up and Sammy Son accepts the apology, then no charges will be pressed. Also the result might be different, but it's in his name, it's in his nature to lie, so Deceitful Dad might accept the 15 dollars first and not take him at all (basically, he could scam Sammy)
X
Blake quits his $50,000/year job to
care for his grandma for one year.
What's the opportunity cost of his
decision?
Answer:
he loses $50k is the correct answer
The opportunity cost of Blake's decision to quit his $50,000/year job to care for his grandma for one year is $50,000.
Why is this the opportunity cost ?This is the amount of money he would have earned if he had stayed in his job, but he is now giving up that money to care for his grandma.
In addition to the financial cost, there are also other opportunity costs associated with Blake's decision. For example, he may miss out on opportunities for career advancement, he may have to take on more debt, and he may have to sacrifice his own personal time and interests.
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Which of the following are trade-offs faced by a company president deciding whether to open a new factory? Check all that apply.
The firm can either open a new factory or upgrade existing equipment.
The firm can either open a new factory or expand its current factory.
The firm can either pay out more of its profit to shareholders or earn additional profit next year by increasing production.
The one challenge that trade-offs are faced by a company president deciding whether to open a new factory is option B. The firm can either open a new factory or expand its current factory. The correct answer is option B.
What is trade-off?A trade-off is a conditional decision that requires reducing or losing one quality, quantity, or property of a set or design in return for gains in other aspects. In simple terms, a tradeoff is where one thing florishes, and another must decrease.
Therefore, the correct answer is as given above.
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Which form of advertising is the most dominant medium?
Answer: Local Broadcasting is Still the Most Dominant Medium.
Explanation:
Television and the local broadcasting are the form of advertising is the most dominant medium.
What is advertising?
The term “advertising” refers to the part of marketing communication. Advertising is a promotional tool used to attract and inform consumers about available products and services. The main objective of the advertisement is to promote a product or service being purchased by the target audience.
A mass communication medium known as “television is used here. A variety of channels, including news, sports, music, and movie channels, are available on television. Television and the local broadcasting are the dominant medium of advertising are the influenced to the public. The local broadcasting are the influenced the audience are the purchased the product.
As a result, the television and the local broadcasting are the form of advertising is the most dominant medium.
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Victoria works in the human resources department of a small company. The president of the company wants to hire a new employee. What tasks will Victoria most likely need to do so she can find and hire the right person? People in HR careers often have to be empathetic. Describe a time when you showed empathy for someone else. Explain in your own words what empathy means.
pls help soon
The task that Victoria would have to do so that she can hire the right person would be to interview applicants.
What is empathy?This is the ability that people would have that would make them to be able to put themselves in the shoes of other people. By this I mean, they would be able to understand the feelings of others and help people to get through whatever they are passing through by showing kindness and understanding and helping in ways they can.
A time when I have shown empathy would be when a friend lost a loved one. I tried as much as I could to render my help to her.
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Latosha's department has been introducing new goods and services on a rapid-fire basis over the past two years. However, business is down, largely
because customer feedback on the usefulness, reliability, and durability of the new goods and services is negative. Latosha's division manager, Viceroy,
reviews the situation and concludes that the innovation of Latosha's department is good; however,
is poor.
Bill's department has been introducing new goods and services on a rapid-fire basis over the past two years However business is down largely because customer feedback on the usefulness reliability and durability of the new goods and services is negative. Bill's division manager Anne, reviews the situation. Anne concludes that the innovation of Bill's department is good however Quantity is poor.
A bill payment service is usually a free feature of a bank account usually a checking account. After you sign up and provide your billing provider information to your bank, your bank will pay your bills on time and deduct the bill payment from your account balance. Examples of utilities include electricity, water, and gas.
Depending on how you define your utilities, you could also add sewage garbage recycling television internet phone and streaming services to this list. your phone bill your electricity bill. Telephone charges are generally considered utility charges. However, this only refers to fixed networks and not mobile phones. The bills issued by telephone companies are utility bills, and they provide services to the public in the same way that electric utilities do.
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Victoria works in the human resources department of a small company. The president of the company wants to hire a new employee. What tasks will Victoria most likely need to do so she can find and hire the right person? People in HR careers often have to be empathetic. Describe a time when you showed empathy for someone else. Explain in your own words what empathy means.
Answer:
Being able to understand and help with another's emotions.
Explanation:
Answer:shes right
Explanation:
What is organizational structure
An organizational structure is the process by which the activities of the organization which includes but not limited to task allocation, coordination, and supervision are directed toward the achievement of organizational set goals.
Organizational structure influences the actions of the organization and provides the framework on which standard operating procedures and routines rest are developed.
Types of Organizational Structure.There are four major types of organizational struct and they include the following.
Functional structure. In a functional structure, organizations are divided into specialized groups with specific roles and duties. Divisional structure. In a divisional structure, various teams work alongside each other toward a single, common goal. ...Flatarchy refers to having both a hierarchical structure and a flatter structure that is more flexible, more independent and that is called a flat teamMatrix structure refers to cross-team collaboration and shared resource planning across projects.Learn more about Organizational structure at https://brainly.com/question/23967424
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How can a hotel sales representative identify who is
responsible for purchasing meeting space, banquets,
and rooms for corporate travelers in the corporate
headquarters of an insurance company?
They accomplish this through lobbying the groups in the market and meeting with the groups that the hotels appear to.
Briefing:-The dissection might have a convention service branch in addition to the sales function. The information about sales groups visiting the hotel is covered in this section. Convention services would take care of the group's "external" needs, booking requirements, catering needs, and meeting preparations. The hotel sales representative looks after the lodging establishment's needs for promotion and the information obtained from market research. Questions about airfare should be addressed to the sales agent for lodging facilities.
What does marketing lobbying mean?As was already noted, a lobby is a collection of people or businesses that exerts pressure on public officials. Additionally, it refers to the endeavor to exert influence over others.
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The downtown Kingston and Saint Andrew Centre were built for $400 million JAD in 2010 (Reid, 2012). The Centre is owned by the Jamaican Urban Development Corporation (UDC) and was formerly managed and operated by the Kingston and Saint Andrew Municipal Corporation (KSAMC) (Reid, 2012). Built as a multipurpose bus and taxi part the centre’s main function was to alleviate traffic congestion in downtown Kingston, especially in the parade area. The centre has become dilapidated and unmanageable due to a lack of usage by transport operators, commuters, implementation, enforcement, and a failure to have an effective transportation policy (Teachdem. n.d.).
Why was this project done and who are the main stakeholders? Which stakeholder (s) benefited from the project, and which did not? Who should be held accountable for this project?
2. Outline a detailed approach to successfully manage a similar project in the future. (Hint: Place special emphasis on stakeholders, risks, and scope).
3. Was this project successful in delivering value to Jamaica? Critically explain your answer.
4. Identify the main reasons for the project’s failure.
When a project reaches its goals and lives up to or above stakeholder expectations, it is deemed successful.
Who are the stakeholders ?
People who are stakeholders in your project are those who are interested in it or care about it. They are the individuals who actively participate in the project's work or who stand to gain or lose from the project. Motorists are stakeholders who benefit when a project to add lanes to a highway is managed. However, you have a detrimental impact on people who live close to the highway both during construction (because to the noise) and after (due to the long-lasting effects) (increased traffic noise and pollution).
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In Chapter 10, Persuasive Messages, you're learning about tone, style, and the key parts of persuasive messages. This week's discussion is all about the sample messages in Chapter 10, because there is a great deal to be learned from examples in writing.
Monday–Wednesday: Please discuss the messages in Figures 10.2 and 10.3.
Answer:
Explanation:
Step 1/2
Step 1:
The components of a convincing message:
The core idea of a captivating message today is one that engages, informs, manages to convince, or motivates. Reason and passion are commonly contrasted in conversations of advertisements. The elements of ethics (validity), drama (energy and excitement), and logos are present in every communication (rational and logic).
Explanationfor step 1
Persuasion, which is generally a system of communication, is the process of trying to persuade someone to change their mind or build a new mental image in order to modify their behavior. The method or route by which a signal is sent from its source to its recipient.
Step 2/2
Step 2:
Subject line:
Users perceive the subject line with the first short statement following the user's name in emails they receive from you. Once an email enters your mailbox, its first three things you saw at hitting view are also the user's profile, the balded text, and the previewing text.
Best Practices for Email Subject Lines:
1. Take notes from effective email subject field samples.
2. Be succinct and to the point.
3. Use a well-known sender name.
4. Avert using the "no-reply" sender name.
5. Use tokens for customization.
6. Split up your listings.
7. Make no fictitious promises.
8. Do divulge the contents to them.
Explanationfor step 2
Great subject lines are frequently intimate or descriptive and encourage readers to read your content. Any strategy you use, it's essential to keep your impact on the readers. Test out a variety of terms and expressions to determine which ones they favor.
Final answer
Note:
Learning very much about appeal will benefit you because it will make it easier for you to accomplish your objectives. Nothing more complex than that is involved. This logic also makes the underlying premise that there are tried-and-true persuasive theories that can then be studied and effectively used.
Frank Petronick decided to start an accounting practice after graduation from college. The following is a list of events that occurred concerning Frank’s practice.
June 1: After shopping around, Frank found an office to lease and signed a lease agreement. The lease calls for a payment of $1051 rent per month.
June 4: Frank borrowed $3840 from his grandmother to assist in starting up his new business
June 4: deposits the $3840 plus $534 of his own cash in a new bank account at BMO under the name Petronick Accounting Services.
June 6: Paid the landlord the first month’s rent.
June 8: purchased furniture for $3290 on account
June 11: moved into the office and obtained the first assignment from a client to prepare year end financial statements for $1868
June 15: Performed the work on the assignment and sent an invoice to the customer for $1868
June 15: Paid half of the amount of the June 8 purchase of furniture
June 18: Purchased supplies on account for $339
June 26: paid for internet services, $53 cash
June 28: collected $903 of June 15 billing to the customer
June 30: withdrew cash from the business of $135 for personal expenses
A) prepare a tabular analysis of the effects of the above transactions on the accounting equation.
A tabular analysis of the effects of the transactions on the accounting equation is as follows:
Transaction Date Assets = Liabilities + Equity
June 4 $4,374 $3,840 $534
June 6 -$1,051 -$1,051
June 8 $3,290 $3,290
June 15 $1,868 $1,868
June 15 -$1,645 -$1,645
June 18 $339 $339
June 26 -$53 -$53
June 28 $903 - $903
June 30 -$135 -$135
Balance $6,987 = $5,824 + $1,163
What is the accounting equation?The accounting equation is a mathematical statement that shows that the assets are equal to the liabilities and equity given each business transaction and at the end of the accounting period.
For instance, the assets of Petronick Accounting Services at the end of June are equal to its liabilities plus equity.
At each date that a transaction occurs, the accounting equation remains in balance.
Transactions Analysis:June 4 Cash $4,374 Loan Payable $3,840 Common Stock $534
June 6 Rent Expense $1,051 Cash $1,051
June 8 Office Furniture $3,290 Accounts Payable $3,290
June 15 Accounts Receivable $1,868 Service Revenue $1,868
June 15 Accounts Payable $1,645 Cash $1,645
June 18 Supplies $339 Accounts Payable $339
June 26 Internet Services $53 Cash $53
June 28 Cash $903 Accounts Receivable $903
June 30 Withdrawal $135 Cash $135
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