How do I prepare and balance the personal accounts appearing in the ledgers of small moon enterprises as at December 31,210
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Answer:
For each account title shown on your sales and cash receipts journal columns and ... The sum of all general ledger debit balances should always equal the sum of all ... of business, you will use many, but probably not all, of these account names.Explanation: For each account title shown on your sales and cash receipts journal columns and ... The sum of all general ledger debit balances should always equal the sum of all ... of business, you will use many, but probably not all, of these account names.
Related Questions
Which of the following management orientations accurately characterizes a company that bases its decisions primarily on market research?
A. Ethnocentric orientation
B. Polycentric orientation
C. Reglocentric orientation
D. Geocentric orientation
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Answer: Geocentric orientation
Explanation:
The management orientation that accurately characterizes a company that bases its decisions primarily on market research is the geocentric orientation.
A company that uses a geocentric orientation sees the whole world as a global market. We should note that a geocentric company makes its products and develops a marketing mix that's standardized for the global market.
Monica recently got a promotion to a management role with greater scope and responsibility. She wants to be as effective as possible in her new job. Which of the following could help her improve her ability to manage her new subordinates?
A) Updating her résumé as an exercise to reflect on her career path to date and what her next step should be
B) Taking an extension class in how to read a company’s financial statements
C) Reflecting on the effects of her past actions to evaluate how they affected herself and others
D) Understanding that her management style has gotten her a promotion so she should not change anything
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Answer:
C) Reflecting on the effects of her past actions to evaluate how they affected herself and others
Explanation:
A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.
In this scenario, Monica recently got a promotion to a management role with greater scope and responsibility. She wants to be as effective as possible in her new job. Thus, what could help her improve her ability to manage her new subordinates is reflecting on the effects of her past actions to evaluate how they affected herself and others.
Generally, having a reflection on past decisions and actions would help anyone in a leadership position to assess or evaluate how they have affected their organization, subordinates and themselves either positively or negatively.
Why are cooperatives formed?
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Bramble Corp. has $3960000 of 9% convertible bonds outstanding. Each $1,000 bond is convertible into 30 shares of $30 par value common stock. The bonds pay interest on January 31 and July 31. On July 31, 2021, the holders of $1250000 bonds exercised the conversion privilege. On that date the market price of the bonds was 106 and the market price of the common stock was $37. The total unamortized bond premium at the date of conversion was $289000. Bramble should record, as a result of this conversion, a
Answers
Answer: Credit of $217480 to Paid-in Capital in Excess of Par
Explanation:
The following information is given in the question as:
Debit: Bonds payable = $1,250,000
Debit: Premium on bonds payable = $92480
Credit: Common stock = $1,125,000
Credit: Paid in capital in excess of Par = $217480
The above were calculated as:
Common stock = ($1250,000/$1,000) × 30 × 30
= $1250 × 90
= $1,125,000
% Conversion will be:
= $1,250,000 / $3960000 = 0.32
Unamortized bond premium will then be:
= 0.32 × $289,000
= $92,480
Paid in capital in excess of par will be:
= $1,250,000 + $92,480- $1,125,000
= $217,480
Therefore, the answer will be to
"Credit of $217480 to Paid-in Capital in Excess of Par"
Best Reinsurers assumes, under a treaty, all homeowners and personal auto business underwritten by Aurora Insurance Company. On occasion, Aurora will underwrite some homeowners policies with very high value homes. Aurora underwriters have been directed through their underwriting guidelines not to cede high value homes (as in the directive) to the treaty. Although the treaty does not expressly exclude this business, the directive was developed to protect the treaty from unusually high losses. If an application is submitted for a home that falls within the directive and Aurora does not wish to retain the entire risk, what is the best method of handling this submission
Answers
Answer: C. Purchase facultative reinsurance and write the policy
Explanation:
The options are:.
A. Purchase another treaty and write the policy
B. Decline the business for reinsurance reasons
C. Purchase facultative reinsurance and write the policy
D. Cede the policy to the existing treaty if the risk is acceptable
Based on the information given, we should note that in a case whereby an application is submitted for a home which falls within the directive and Aurora does not wish to retain the entire risk, the best method of handling this submission will be to buy a facultative reinsurance and then write the policy.
A facultative reinsurance is the coverage that is bought by a primary insurer in order to cover a particular risk. Hence, it'll be used to cover the single risk in this case.
Able orally agreed to pay Carr $800 to restore Able's antique car within 18 months, even though it was possible for him to complete the restoration in 10 months. The agreement is: a. unenforceable, because it covers services with a value in excess of $500. b. unenforceable, because it covers a time period in excess of one year. c. enforceable, because personal service contracts are exempt from the Statute of Frauds. d. enforceable, because the work could be completed within one year.
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Answer:
Enforceable because the work could be completed within one year.
Explanation:
An enforceable contract is a contract between two parties that is legally binding.
Carr could complete the restoration of the car in 10 months but Able paid Carr $800 to restore Able's antique car within 18 months.
The agreement is enforceable because the work could be completed within one year.
Option d. is correct.
Dalia Ramirez Anchondo deposits $ 200 into her savings annuity every paycheck. She gets paid weekly. The credit union will pay Dalia 4% compounded quarterly. What is the future value of Dalia in 4 years.
Help me!!!!
Answers
Answer: $41,418.96
Explanation:
There are four quarters in a year and the interest rate is a yearly rate that should be converted to a quarterly rate:
= 4% / 4
= 1%
Delia gets paid $200 a week. There are 12 weeks in a quarter so the quarterly contribution is:
= 200 * 12
= $2,400
The number of quarters she invests is:
= 4 * 4years
= 16 quarters
As this payment is constant, it is an annuity.
Value after 4 years will be:
= Annuity * Future value interest factor of annuity, 1%, 16 periods
= 2,400 * 17.2579
= $41,418.96
What is the risk you are taking when investing in bonds? How can you minimize this risk?
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Answer:
Risk: The bonds you own will decline if interest rates rise, interest rate risk.
Minimalize:
- Don't buy bonds when interest rates are low or rising. Buy when stable.
- Stick to short term issues (3 - 5 years)
- Buy bond with different maturity dates
Explanation:
Good luck <3
to insure goods to send them overseas it costs the exporter 5/2% of the value of the goods. if the goods are valued at 16.400$, what will be insurance cost?
Answers
Answer:
the insurance cost is $410
Explanation:
The computation of the insurance cost is shown below:
Given that
The exporter charged 5 by2% of the value of the goods for insured the goods
And, the goods are valued at $16,400
So the insurance cost is
= $16,400 × 5 ÷ 2%
= $16,400 × 2.5%
= $410
hence, the insurance cost is $410
Companies must consider profit margin before buying for organizational use.
True
False
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Answer:
true
Explanation:
marketing professionals and managers share the same long term for the company
the directors want to give R500 000 to a local school.Give Two reasons why companies take such decision.
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Answer:
To make investments that will grow over time and provide education for less fortunate children
To have a good public image so they can get more customers.
look at the picture
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Okay, Lets get started.
For number one lets make a company named "Bluberry"
One way we use technology is for creating our websites, Employing people, and to talk to our workers.
2. BlueberryBoss and BerryPIcker
The rest I have no Idea how to help with.
Once a company has located several vendors, the next step in the purchasing process is to
A. prepare a purchase order
B. choose a specific product
C. complete a balance sheet
D. compare the vendors
Answers
Answer:
D
Explanation:
explain the different levels of specialization.
Answers
structural specialisation (topic or map level)
and domain specialisation (element level).
Licensee Keira is acting as a limited service agent to list the property only. Her first meeting with the client takes place at his home. He gives Keira a brief tour, highlighting all of the great things that will make the home sell, and quickly moving the conversation away from problem spots (stains on the ceiling from the leaky roof). Shortly after Keira lists the property, she gets a call from a buyer’s agent asking about stains on the ceiling and the roof’s condition. What should Keira do?
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Answer:
Disclose the condition of the roof, as she is aware of the leak.
Explanation:
THESE ARE THE OPTIONS FOR THE QUESTION
Tell the buyer's agent she is acting as a limited service agent and to ask the seller.
Tell the buyer's agent she has no knowledge of the property's condition.
Disclose the condition of the roof, as she is aware of the leak.
Go to the property and inspect the roof more closely.
Keira been a limited service agent owes a duty to disclose fact as regards materials property that she is aware of. Since, the seller talked about the condition of the roof when they met, her failure to disclose the fact about it could make her to be guilty of misrepresentation
Which of the following statements concerning service guarantees is FALSE? A service guarantee is a mechanism to build customer loyalty. A service guarantee is a way to avoid compensating customers for a service failure. A service guarantee is a tool to clarify exactly what the service must provide. A service guarantee is a way to define a service and ensure satisfactory delivery to the customer.
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Answer:
A service guarantee is a way to avoid compensating customers for a service failure.
Explanation:
What do banks pay to their savings account customers?
● A. Interest 《《
○ B. Profits
○ C. Commission
○ D. Dividends
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Customers of banks' savings accounts receive interest payments. As a result, choice (A) is the right answer.
What is interest rate?An interest rate is the sum of interest that is accrued each period as a percentage of the principal amount that has been lent, deposited, or borrowed. The total interest on a loaned or borrowing sum is calculated by the principal amount, the interest rate, the regularity of compounding, and the period of time the loan, deposit, or borrowed took place.
The rate calculated over a year is the annual interest rate. Other interest rates, such as monthly or daily rates, also apply but are typically annualized. The borrower is prepared to pay a fee—the interest rate—for the right to receive money sooner rather than later if they need it or desire it.
Learn more about interest rate, from:
brainly.com/question/14445709
#SPJ2
Explain to the management of SSSMM the impact of the following socio-
economic issues on their business.
a.Inflation
b.Dumping
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Answer:
inflation
Explanation:
this a process by which prices of a particular goods are high
What does a credit bureau do?
It records borrowers' payment histories.
It protects borrowers' deposits.
It regulates credit unions.
It protects against fraud.
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Answer:
b
Explanation:
please mark me as brainlist and be happy
Because there are so many options in the transportation industry, you don’t really need any goals or plans when you enter it.
True
False
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Answer:
i would say false because u always need goals in your life
Explanation:
URGENT: Creating and using a checklist makes home maintenance and repair projects more _______. (10 letters)
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Answer:
productive
Explanation:
name both anime characters
WRONG ANSWERS ONLY!!!!!!!!!!
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Answer:
it vegata loll..............
Answer: it’s definitely bakugo
Explanation:
Calico Company has two operating departments: Department A and Department B. Department A occupies 30% of the floor space of the company but accounts for 75% of the sales of the company. Department B occupies 70% of the floor space of the company but accounts for 25% of company sales. Cleaning expense (an indirect expense of the company), which consists primarily of vacuuming the carpet is $30,000 each year. How much cleaning expense should be allocated to Department B
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Answer: $21000
Explanation:
Based on the information given in the question, the cleaning expense should be allocated to Department B will be the percentage of floor space occupied by Department B multiplied by the cleaning expense. This will be:
= 70% × $30,000
= 70/100 × $30,000
= 0.7 × $30,000
= $21000
Human resources can be categorized into ____ groups?
5
3
2
4
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Answer:
The real answer is 7. But 5 is an answer in this case
Explanation:
Text written for advertising and marketing campaigns is referred to as
A. content.
B. context.
C. copy.
D. collateral.
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Answer:
the correct answer is context
lunch in Jamie's dorm is an all-you-can-eat buffet, served from 11 a.m. until 1 p.m. By noon, the buffet is picked over, and by 12:30, there are very few popular items left. The garbage bins, though, are full of food. If the cafeteria changed its policy so that students had to pay for each item chosen, students would: Select one: a. make the same selections as before, but eat more of what they select. b. select only the most expensive items in the buffet. c. encounter shortages earlier in the day. d. only select an item if its marginal benefit is greater than or equal to its price.
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Answer:
d
Explanation:
A rational consumer would only consume goods for which her marginal benefit is equal or greater than the marginal cost.
Marginal benefit is the benefit derived from consuming one extra unit of a good
Marginal cost is the cost of consuming one more unit of a good
Because the buffet is all you can eat, there is no marginal cost for putting more food on your plate. Thus, students would tend to over-serve. This would lead to wastage of food.
If the policy is enacted, students would only consume goods for which their marginal benefit is equal or greater than the marginal cost. As a result, wastages would reduce.
the items they would select would be dependent on the marginal benefit they would derive from consuming the food item
Internet privacy has become a major issue. In fact, in Europe there are privacy laws to limit how much information websites can collect from users without their permission. The United States does not have comparable laws to protect consumer privacy on the Internet. Collecting this information is beneficial for firms because then they can tailor marketing messages that better fit its users' needs. These better marketing campaigns can provide them with a competitive advantage. Acme Corporation uses cookies and other devices to collect information. Its privacy policy explicitly informs users that it collects information. However, most people do not read through the policy. Lately, some consumers have complained because they are worried that their information could be compromised. They question the security of the site. Acme wants to restore confidence and prove that it has controls in place. Refer to Scenario 3.2. What type of environmental force does this issue involve?
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a. Greyhound bus system
5 role of development banks in economic development
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The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business- people and manufacturers. ... Thus, the banks play an important role in the creation of new capital (or capital formation) in a country and thus help the growth process.
XYZ Ltd has sent Sh.250000 of goods on wholesale price to its branch at Karatina. The Karatina branch manager has marked up the price up 40%. Find the list price of the goods at Karatina branch.
Answers
Answer:
the list price is 350,000
Explanation:
The computation of the list price of the goods is shown below:
As we know that
Markup percentage = (Selling price - cost price) ÷ Cost price
0.40 = (Selling price - 250,000) ÷ 250,000
100,000 = Selling price - 250,000
So, the selling price is 350,000
hence, the list price is 350,000
Select the correct answer from each drop-down menu.
Fill in the correct terms to complete the description of Mischa going through the home-buying process Mischa wants to buy a home.
She has looked at the housing market. Now she needs to find a ______ to become _______ for a mortgage. By doing so, Mischa will know how much she has to spend on a house.
A.real estate agent
B.lender
C.closeing company
D.title company
a.eligible
b.wait listed
c.credit checked
d.prequalified
Answers
Answer:
C
Explanation:
C