Transaction 1 Journal Entry:Cash: $10,000Capital: $10,000Explanation:When a business is formed, the owner/s often invest personal funds or other assets into the business.
In this case, Carol Finlay has invested $10,000 of her personal funds into the business, and this is recorded as a capital contribution.Transaction 2 Journal Entry:Supplies: $2,500Cash: $2,500Explanation:Finlay Interiors used $2,500 of its cash to purchase supplies.Transaction 3 Journal Entry:Supplies: $1,100Furniture: $6,000Accounts Payable: $7,100Explanation:Finlay Interiors has purchased additional supplies and furniture at a cost of $7,100, ON CREDIT from CanTech Supply Company.
Transaction 4 Journal Entry:Cash: $2,200Consulting Revenue: $2,200Explanation:On January 10, Finlay Interiors provided consulting services to a dentist and immediately collected $2,200 cash.Transaction 5 Journal Entry:Rent Expense: $1,000Cash: $1,000Explanation:On January 10, Finlay Interiors paid $1,000 rent for the month of January.
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What is Accenture approach when it comes?
Accenture uses its Information Security Client Data Protection program, which offers a consistent strategy in addition to the security policies, to assist its clients with security.
What is Accenture's strategy for internal automation as well as external automation for clients?Accenture's automation strategy will result in effectiveness and efficiency with the best possible use of the available resources. Explanation: In order to provide the best possible service to the client, many ERP platforms are developed. Additionally, it made it possible to provide clients specialized services.
What is Accenture's greatest strength?Accenture's tremendous experience in coping with disruptive technologies is its most significant asset. The elastic application development and operation is made possible by edge computing technologies.
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analyse the impact of an enterprise using break even analysis to make business decisions
Answer:
Using break-even analysis in your feed and grain business can help you understand and examine the profit drivers of your business. It is a very useful tool that can help you understand how much you need to sell to cover your costs and how pricing, cost, and volume changes impact these needed sales.
1. Problem solving and critical thinking are defined as
A. The process of finding solutions using myths.
3. Determining the quality of our beliefs,
C. The ability to use facts, knowledge and data to successfully solve problems
D. Assessing the practical impact of our beliefs,
Answer:
I believe it's C
Explanation:
It might not be, so I would wait till someone else gives you a answer just in case!!
After a successful cyberattack on its information systems, a toy manufacturer is unable to operate effectively for two weeks, and thus misses out on some significant customer orders during this time owing to a. legal obligations b. reputation damage c. recovery costs d. business disruption
The toy manufacturer missing out on significant customer orders due to the cyberattack can be attributed to several factors:
a. Legal obligations: Depending on the jurisdiction and the nature of the business, the toy manufacturer might have legal obligations to protect customer data or face penalties for not adequately safeguarding sensitive information. In the event of a cyberattack, the company might need to comply with legal requirements, which could result in disruption and potential loss of business.
b. Reputation damage: A successful cyberattack can severely damage the toy manufacturer's reputation. News of the breach, compromised customer data, or service disruption can erode customer trust and confidence in the company. As a result, customers may choose to take their business elsewhere, leading to missed customer orders and potential long-term impacts on revenue.
c. Recovery costs: After a cyberattack, the toy manufacturer would incur costs associated with remediation efforts. This includes conducting forensic investigations, restoring systems, implementing stronger security measures, and possibly hiring external cybersecurity experts. These recovery costs can divert financial resources that could have been invested in meeting customer orders or marketing efforts.
d. Business disruption: The cyberattack likely disrupted the toy manufacturer's operations, rendering them unable to operate effectively for two weeks. During this time, the company might have experienced system downtime, communication issues, or other operational challenges. Such disruptions would hamper the ability to fulfill customer orders and meet demand, resulting in missed opportunities and potential customer dissatisfaction.It's important to note that these factors are not mutually exclusive, and multiple aspects can contribute to the toy manufacturer's inability to operate effectively and missing out on customer orders after a cyberattack.
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write a short note on meditation
Answer:
Explanation:Meditation is a practice where an individual uses a technique – such as mindfulness, or focusing the mind on a particular object, thought, or activity – to train attention and awareness, and achieve a mentally clear and emotionally calm and stable state.
1 point
As an entrepreneur, every business decision that is made has an
opportunity cost connected to it.
False
оо
True
Answer:
FALSE
Explanation:
EDGE 2021 :D
LaBouche Company had cash receipts from customers in 2017 of $142,000. Cash payments for operating expenses were $97,000. Kelly has determined that at January 1, unearned service revenues was $13,000, and prepaid expenses were $17,500. At December 31, unearned service revenues was $18,600, and prepaid expenses were $23,100. The service revenues on cash basis is:
Select one:
a. $155,000
b. $147,600
c. $142,000
d. $136,400
At the end of the year, prepaid expenses were $23,100 and unearned service revenues were $18,600. The service's cash basis revenues total $136,400.
$142,000 plus $97,000, or $136,400, is the service revenue on a cash basis.
Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
A company's revenue is the money generated by its operations. Depending on the chosen accounting approach, there are several ways to compute revenue. Sales made using a credit card will be counted as revenue for products or services that were delivered to the customer. In accordance with some regulations, revenue is recorded even if payment has not yet been made.
To determine how effectively a business collects unpaid debt, it is important to review the cash flow statement. Contrarily, sales will only be recorded as revenue in cash accounting after money has actually changed hands. A "receipt" is money given to a business. An example of an activity that results in a receipt but no revenue is when a consumer prepays for a service or undeliverable products.
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What is the basic idea behind subjectivism? provide an account of simple subjectivism, citing at least one central argument. State 2 of the most prominent objections to simple subjectivism
This is the fundamental idea behind Ethical Subjectivism. Ethical Subjectivism holds that our moral judgments are solely based on our emotions. This perspective holds that there is no such thing as "objective" right or wrong. There are numerous distinctions between Simple Subjectivism and Emotivism.
This paper will compare and contrast both theories, as well as explain why Simple Subjectivism cannot account for moral disagreement and Emotivism can, but incorrectly. By arguing these two ethical points, I can better explain or make a claim about how moral disagreements should be understood.
For several theories contending only ethical standard of judgement is individual's.
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i will give brainiest if right please answer, Parker wants to develop new food sources for less-developed countries. He was raised on a farm, but doesn't plan to be a farmer. What kinds of careers should he consider?
a bank form which lists the checks, currency, and coins an account holder is adding to a bank account.
The checks, cash, and coins that are being added to a bank account are listed on a deposit slip.
One can deposit and withdraw money from a bank account, make payments, send money to another person or organisation, pay bills online, and more. Bank accounts allow for cashless transactions and the receipt of direct deposits from employers or other organisations.
Opening a bank account can be one of the most crucial actions to achieve financial objectives. Because keeping money in an FDIC-insured bank account can provide monetary security, simple access to funds, cost savings from check cashing costs, and general monetary peace of mind.
Deposit account funds are used by banks to fund loans to other people or companies. The borrower pays interest on those loans to the bank in return.
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When best buy customers experience computer problems, the company offers its geek squad for door-to-door service as well as in-store assistance. The geek squad fulfills the role of.
The geek squad fulfills the role of sales support personnel.
Who is a sales support personnel?Tracking sales leads, organizing quotes with sales packs, offering customer service, and monitoring customer accounts are all duties of the sales support expert. The sales support expert is also in charge of keeping track of sales, the effectiveness of the sales force, and sales data.
Promoting the brand while selling clients goods or services. This can involve conducting research to identify the finest products, giving presentations or demos, and keeping in touch with clients. contacting potential leads via a range of media, including phone, text, social media, and email.
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An exception to the parol evidence rule allows evidence of oral agreement that merely explains the meaning of written terms without changing the terms. evidence of oral agreements made on contracts that qualify for mandatory arbitration. evidence of oral agreements made on contracts that qualify for court-annexed mediation. evidence of oral agreements made at the time of or prior to a written contract that changes the meaning of written terms. evidence of oral agreements that are designed to favor the party that drafts a contract.
Answer:
evidence of oral agreement that merely explains the meaning of written terms without changing the terms.
Explanation:
The parol evidence rule describes that that case related to the parties are introduced into the court that means the evidence in order to change it, explain it at issue time.
So as per the given situation, since the question ask the exception to this rule so the first option is correct as in this it is mentioned that the terms would remain unchanged
Therefore the first option should be considered
An exception to the parol evidence rule allows the evidence of oral agreement that merely explains the meaning of written terms without changing the terms. This is the correct option. The parol evidence rule is a legal principle that governs the use of oral and written evidence in contract disputes.
According to this rule, parties that enter into a written agreement are precluded from using extrinsic evidence, which is evidence outside of the written agreement, to contradict, alter, or add terms to the agreement. The reason for the parol evidence rule is to ensure that the intentions of the parties to a contract are accurately reflected in the written agreement
. There are some exceptions to the parol evidence rule that permit the use of extrinsic evidence in contract disputes. One of these exceptions allows the use of evidence of an oral agreement that merely explains the meaning of written terms without changing the terms. This exception is known as the "explanation exception. "The explanation exception allows the parties to a contract to introduce extrinsic evidence that is used to explain the meaning of terms that are included in a written agreement.
This evidence is not considered to be in violation of the parol evidence rule since it is not intended to contradict, alter, or add terms to the written agreement. The evidence is merely used to help the court interpret the meaning of the terms that are included in the written agreement.
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why planning is important before starting a business?
Answer:
So you can get ready to know 'how to make your business good'
If you don't plan, then you'll forget to setup something is may be important
Explanation:
Hope this helps :)
which trade sanction (embargo or subsidy) would be more effective in protecting domestic jobs? EXPLAIN WHY!!!
Answer:
International trade increases the number of goods that domestic consumers can choose from, decreases the cost of those goods through increased competition, and allows domestic industries to ship their products abroad. While all of these effects seem beneficial, free trade isn't widely accepted as completely beneficial to all parties
In simplest terms, a tariff is a tax. It adds to the cost borne by consumers of imported goods and is one of several trade policies that a country can enact. Tariffs are paid to the customs authority of the country imposing the tariff. Tariffs on imports coming into the United States, for example, are collected by Customs and Border Protection, acting on behalf of the Commerce Department.6 7 In the U.K., it's HM Revenue & Customs (HMRC) that collects the money.
one part of a cooperations income is paid out to shareholders it is called a ______.
Answer:
dwadaddaddadawdawdwa
Explanation:
awdawdadawdawdawdaw
Answer:
cash dividend
Explanation:
4. Complete this chart with the information provided above:
Category
Want/Need
Monthly Cost
Coffee
Movies
Food
Clothes
Car Insurance
Gas
Cell phone bill
Shoes
TOTAL COSTS
%age of Total
Costs
Category | Want/Need | Monthly Cost, Coffee | Want | $50, Movies | Want | $30, Food | Need | $500, Clothes | Want | $100, Car Insurance | Need | $100, Gas | Need | $150, Cell phone bill | Need | $80, Shoes | Want | $50, TOTAL COSTS | - | $1,060, %age of Total Costs | - | -
The chart provided above shows the different categories of expenses and their corresponding monthly costs. Under the "Want/Need" column, it is specified whether the expense is a want or a need. The "Monthly Cost" column indicates the amount of money spent on each expense per month.
To calculate the total costs, we simply add up the monthly costs of each expense, which results in a total cost of $1,060. However, the percentage of total costs is not specified in the chart.
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why is 10 cents earned far more valuable than a dollar found. Critical thinking.
Tammy is the owner of British Brushes. Due to the price of paint, she has to raise the prices of her painting classes. What curve is affected and what determinant caused this change?
a. The Supply Curve shifted to the Left because the cost of inputs increased.
b. The Demand Curve shifted to the Right because of the change in consumer income
c. The Supply Curve shifted to the Right because the cost for new technology decreased
In a condition where Tammy has to increase the prices for her painting classes, the supply curve will show a shift to the left because the input costs also saw a rise. Therefore, the option A holds true.
What is the significance of input costs?Input costs can be referred to or considered as costs that are associated with the production of goods or services for a firm in the economy. A business can not grow or sustain without incurring input costs. When input costs for a firm increase, the supply curve of an economy shifts to the left.
In the above condition, when prices of paint increase, it also leads to an increase in the input costs for Tammy, and as a result of the same, the supply curve shows a shift towards the left.
Therefore, the option A holds true and states regarding the significance of input costs of British Brushes.
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What is moral myopia? Why do you think an advertising professional might experience this phenomenon?
Answer: See Explanation
Explanation:
Moral myopia occurs when someone is unable to clearly see ethical issues. In this case, people decide not to say anything even though they see the unethical behavior of others.
An advertising professional might experience moral myopia in the sense that such person looks away when he or she sees an unethical act because of fear of losing his or her job and also because of fear of losing a customer.
If Suzette responds to an increase in the interest rate by decreasing her saving, then, for Suzette, Select one: a. consumption when young and consumption when old are perfect substitutes. b. the increase in the interest rate creates an income effect that is greater than the substitution effect. c. the increase in the interest rate creates a substitution effect that is greater than the income effect. d. consumption when young and consumption when old are perfect complements.
Answer:
b. the increase in the interest rate creates an income effect that is greater than the substitution effect.
Explanation:
Interest rate can be regarded as amount that is been charged by lender for using an assets, this asset could be cash, goods, and this is usually display as a percentage of the lent principal.
The income effect gives shows how increased purchasing power can impact consumption, substitution effect on other hands, shows how changing relative income as well prices impact consumption. Both economics concepts give expression of changes that occur in the market as well as how this changes impact consumption patterns as regards consumer goods and services.
It should be noted that the increase in the interest rate creates an income effect that is greater than the substitution effect.
Patents and copyrights are considered to be what type of resource?
A. Structural/cultural
B. physical
o
C. intangible
D. financial
Answer:
The answer to your question is C.
Explanation:
Look at the demand and supply schedules for wombles in the table below. Use a
graphing tool and insert your graph on page 3. You can use tools in word, Excel, of
web bases ones like ChartGo. You can draw on paper and yan.
Demand and Supply Schedule
A demand schedule is used in conjunction with a supply schedule, which shows the quantity of goods that can be supplied to the market by producers at a price.
What is a demand schedule?Your information is incomplete. Therefore, an overview will be given. A demand schedule is simply a table that shows the quantity demanded of a good at different price levels.
A supply schedule is a table which shows the relationship between the price of a good and the quantity supplied.
A demand schedule consists of two columns. Here, the first column lists a price for a product and the second column lists the quantity of the product demanded at that price. Also, the price is determined based on the research of the market.
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"I can't believe it! We've spent 18 months developing a relationship with that client. Our families have even socialized together. We've become friends. And they use a one-sentence memo to tell us that we were not selected for the big contract! Not a word of thanks, not a clue as to why we were not selected. I'm very disappointed" said Hugh, Vice President of Sales. Hugh was particularly disappointed because:__________.
i. a personal text message would have been the richest medium for communicating this information memos are the least rich medium for communicating this information
ii. a personal note would have been the richest medium for communicating this information
iii. a face-to-face meeting would have been just as rich as an electronic mail message.
iv. a phone call would have been a richer medium for communicating than a face-to-face conversation
Answer:
ii. a personal note would have been the richest medium for communicating this information
Explanation:
ii. a personal note would have been the richest medium for communicating this information
In the given passage, Hugh was particularly disappointed because a personal note would have been the richest medium for communicating this information. Therefore, option B is the correct option.
When does a person face disappointment?
A person faces disappointment when his or her expectations or desires are not accomplished. Disappointment means unhappiness which is caused when some desire or wanted thing is lost or can not be obtained.
In the given passage, since Hugh and his family spent so much time with the client and his family, he expected them that they should at least inform them informally about their being rejected for the contract. The reason behind his disappointment is the expectation and not fulfilling the same as he wanted. Disappointment is the consequence of thoughts and expectations which are different from reality.
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According to the unit, what percentage of shoppers used a coupon in 2012?
A. 78%
B. 85%
C. 93%
D. 100%
today's world, 96% of consumers have used a coupon in the past 90 days. JC Penney tried to break consumers of the coupon habit in 2012 and quickly saw a 23% drop in sales for the first three quarters of 2012. If JC Penney couldn't change people's shopping behavior, you probably can't either.n: so i guess its c
Answer:
78%
Explanation:
I take nutrition and wellness, and this was the correct answer for me. Just took the test as well :P
Which accounts are found on an income statement?.
Answer:
Revenue. Contains revenue from the sale of products and services. Could be segregated into additional accounts to record sales for particular products, regions, or other classifications.
Sales discounts. This is a contra account, containing discounts granted to customers from the gross sale price.
Cost of goods sold. Contains the cost of manufactured goods or merchandise sold during the period. Could be segregated into additional accounts to record the costs of direct materials, direct labor, and factory overhead.
Compensation expense. Contains the costs of salaries and wages incurred during the reporting period for all employees. This includes bonuses, commissions, and severance pay.
Depreciation and amortization expense. Contains the periodic depreciation and amortization charges associated with tangible and intangible fixed assets.
Employee benefits. Contains the employer-paid portions of the costs of numerous benefits, such as medical insurance, life insurance, and pension plan contributions.
Insurance expense. Includes the recognized cost of insurance, such as for building insurance or general liability insurance.
Marketing expenses. Contains the costs of a variety of expenses, including advertising, publications, and brochures.
Office supplies expense. Contains the costs of all incidental supplies incurred by the business that are not related to production activities.
Payroll taxes. Contains the employer-paid portions of payroll taxes, such as social security.
Professional fees. Contains the costs of auditors, attorneys, and consultants.
Rent expense. Contains the cost of lease payments on facilities and land being leased by the entity.
Repair and maintenance expense. Contains the costs of all repair and maintenance activities incurred by the business that are not related to production activities.
Taxes. Contains property taxes, use taxes, and other taxes charged by local governments.
Travel and entertainment expense. Contains the costs of all airfare, mileage reimbursement, hotels, and related expenses incurred by employees.
Utilities expense. Contains the costs of telephones, electricity, gas, and so forth.
Income taxes. If the entity is subject to income taxes, the amount is recorded in this account.
Joe, 46, has owned his company for 18 years and wishes to retire at age 70. All of Joe's employees are older than he is and have an average length of service with the company of eight years. Joe would like to adopt a qualified retirement plan that would favor him and reward employees who have rendered long service. Joe has selected a traditional defined benefit pension plan with a unit benefit formula.
Required:
What is true regarding Joe's traditional defined benefit pension plan?
Answer:
A traditional defined benefit pension plan will maximize Joe's benefits and reward long-term employees based on the length of service
Explanation:
Hope this helped!☻
Factors that will affect a person's real wages
Answer:
The growth in the business and the amount of work given to the person and also the number of hours he/she works
can i doit without pay
Answer:
what?
Explanation:
What does indigenous technology mean?
Answer: I hope this is helpful mark brainlist if right then no if wrong
Explanation:
Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.
A 90-day bank bill with a face value $100,000 was purchased with
a yield of 4.00%. If it is sold after 30 days at a yield of 4.50%,
what dollar amount of interest was earned?
The dollar amount of interest earned is $1750. A 90-day bank bill with a face value of $100,000 was purchased with a yield of 4.00%. If it is sold after 30 days at a yield of 4.50%, the dollar amount of interest earned can be determined as follows: The interest rate is (4/100) x 100,000 x (90/360) = $1,000.
The bank bill was held for 30 days, and the interest earned was $1,000. So, the interest earned per day was $1,000/90 = $11.11 per day. The bill was sold at a yield of 4.50%, which is equivalent to 4.5/100 = 0.045 per 30-day period. The interest earned on the bill for the remaining 60 days can be calculated as follows:
Interest earned for 60 days = (0.045 x 100,000 x 60/360) = $750Therefore, the total interest earned on the bill is $1,000 + $750 = $1750.The interest earned after selling the 90-day bank bill after 30 days at a yield of 4.50% is $1750.
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