Consider the following accounts (Click the icon to view the accounts.) Identify the financial statement (or statements) that each account would appear on. Use I for Income Statement, RE for Statement of Retained Earnings, B for Balance Sheet, and C for Statement of Cash Flows. (If a box is not used in the table, leave the box empty; do not select a label.) a. Accounts Payable b. Cash c. Common Stock d. Accounts Receivable e. Rent Expense f. Service Revenue g. Office Suppliesh. Land i. Salaries Expense

Answers

Answer 1

Answer:

a. Accounts Payable = B

b. Cash = I

c. Common Stock = B

d. Accounts Receivable = B

e. Rent Expense = I

f. Service Revenue = I

g. Office Supplies = B

h. Land = B

i. Salaries Expense = I

Explanation:

The Income Statement shows the Revenues (Incomes) and Expenses incurred during the period of operation.

The Balance Sheet shows the Balances of Assets, Liabilities and Equity at the end of the financial period.

The Statement of Cash flows shows the results of Cash Flow arising from Operating, Investing and Financing Activities.


Related Questions

Businesses are motivated to organize as corporations because stockholders in a corporation have _______ liability for corporate debts

Answers

Answer:

D) limited

Explanation:

Theses are options for the question;

A) personal

B) no

C) unlimited

D) limited

Businesses are been allowed to develop as corporations because stockholders in a corporation have limited liability for corporate debts.

Limited liability in finance is one of the important aspect of business between the owner of the business and shareholders, and can be described as legal situation whereby the shareholders as well as the owner of the business protects themselves so that any debts in the business will not be associated to them personally.

Werner Inc. sells its products with a 2-year warranty. On December 31, 2017, Werner recognized estimated warranty-related costs of $54,000 for its 2017 sales. During 2018, Werner incurs repair costs of $21,000 related to products sold during 2017. The journal entry to record the cost of repairs would include a debit to:

Answers

Answer:

A DEBIT to Estimated warranty liability

Explanation:

Based on the information given we were told that the company recognized an estimated warranty of the amount of $54,000 for its 2017 sales in which the year 2018 the company also repair costs of the amount of $21,000 which is related to products sold during the year 2017 which means that The journal entry to record the cost of repairs would include a debit to ESTIMATED WARRANTY LIABILITY .

For a loss contingency to be accrued,
a. it is not necessary that the lawsuit was filed before the end of the accounting period.
b. the lawsuit must have been filed before the end of the accounting period.
c. the cause of the lawsuit must have occurred before the end of the accounting period.
d. the cause of the lawsuit could have occurred before or after the end of the accounting period.

Answers

Answer: the cause of the lawsuit must have occurred before the end of the accounting period

Explanation:

A loss contingency is simply an expense charge for what is a future event that may occur like a lawsuit adverse outcome.

For a loss contingency to be accrued, the cause of the lawsuit must have occurred before the end of the accounting period. It should be noted that it's not important for the lawsuit to be filed in that particular reporting period.

__________ is a growing tool for managers to enhance communication and collaboration in support of empowered or bossless work environments.

Answers

Answer:

The correct approach will be "Social media ".

Explanation:

Social media become web-based communication platforms that always allow the individual to communicate with one another through intelligence sharing as well as consumption. It is an internet-connected communication method whereby the participants build virtual forums to exchange knowledge, ideas, private correspondence, and certain other functionality.

YES Bank has developed unique product proposition extending the entire benefit of the advancement in the payments landscape to the customer's desktop by pioneering the introduction of the payments on the web. The platform provides online confirmation along with instant settlement for payments making cash flow forecasting easier and precise to the last minute. State the type of e- banking services highlighted in aforesaid case.

Answers

Answer:

Net banking

Explanation:

Net banking is also called internet banking or online banking. It is targeted at customers who prefer to do their transactions from the comfort of their home. Rather than coming to the bank to perform transactions.

Various types of transactions are available on the net banking platform such as bank statement, bill payments, money transfers, and even booking of fixed deposit.

YES Bank platform provides online confirmation along with instant settlement for payments making cash flow forecasting easier and precise to the last minute.

They are providing net banking services to their clients.

Kirby purchased a condominium. He has all rights of ownership, including the right to sell and to convey his property to heirs when he dies. What type of estate is this?

Answers

Answer:

Fee Simple Absolute

Explanation:

Fee Simple Absolute this is a form of freehold estate in which the owner has the exclusive right to do as he or she wish on the estate property. This includes all the right such as ownership, to sell, damage, and even pass to heirs when he or she dies. It is considered the greatest type of estate any man can hold.

Hence, in this case, the right answer is Fee Simple Absolute

4. Identify and discuss the product branding of the product. Describe the brand and symbol or logo it uses. Provide an image of the brand or logo. You should also discuss the brand packaging and how
this item is presented. How is this product presented to the consumer? What associations or
connotations does the consumer make about this product?

The product is anti-gravity phone case. Please help me with this question

Answers

Answer:

Not quiet sure

Explanation:

Losses due to accidents at an amusement park are exponentially distributed. an insurance company offers the park owner two different policies, with different premiums, to insure against losses due to accidents at the park. policy a has a deductible of 1.44. for a random loss, the probability is 0.640 that under this policy, the insurer will pay some money to the park owner. policy b has a deductible of





d. for a random loss, the probability is 0.512 that under this policy, the insurer will pay some money to the park owner. calculate





d.

Answers

The answer is definitely 0.640

Beachfront resorts have an inelastic supply, and automobiles have an elastic supply. Suppose that a rise in population doubles the demand for both products (that is, the quantity demanded, at each price, is twice what it was)a. What happens to the equilibrium price and quantity, in each market?b. Which product experiences a larger change in price?c. Which product experiences a larger change in quantity?d. What happens to total consumer spending, on each product?

Answers

Answer:

What happens to the equilibrium price and quantity, in each market?

Beachfronts have inelastic supply, which means that their supply is fixed no matter how large the demand. The population increase would simply increase the price of renting a beachfront.

Automobiles have elastic supply, their supply responds to demand. At fist, the population increase would cause a price hike, but in the long-run, supply would meet demand and reach a new equilibrium.

b. Which product experiences a larger change in price?

Beachfronts experience a larger change because their price goes up, and stays above the previous equilibrium price.

c. Which product experiences a larger change in quantity?

Automobiles, simply because they do have a elastic supply that can increase to meet the new larger demand. Beachfront supply is inelastic and will stay the same no matter how much the population and demand grows.

d. What happens to total consumer spending, on each product?

Total consumer spending on beachfronts will be very high because of the very high prices.

Consumer spending in automobiles will be higher than before because of the higher demand, but not as high as consumer spending on beachfront, because automobile supply will also grow, bringing down prices to a similar point to the previous equilibrium price.

How is Intel implementing new levels of security into it's chips

Answers

Answer:

Intel is a well known company. It is uses New Chip Security Level that is GPU power

Explanation:

Intel New Chip-Level Security Tech Used GPU. It is a machine learning that detect threat. There is new feature in the Inter RSA news Monday. It is advanced memory scanner. It reduce CPU usage and increase battery life.

Intel is using threat detection technology. It will be a new brand for silicon level security. Intel security is important framework that main goal is standardized security features for the company processors.

The most notable feature is advanced memory scanner for Intel/s RSA.

Children with asthma can have severe asthma attacks if they catch common

respiratory infections. To prevent the spread of germs, you can __

O Make sure children take antibiotics every time they get sick

O Wash your hands and children's hands often with soap and water

O Cover your face with a re-usable handkerchief when you cough or sneeze

O

Both A & B

All of the above can prevent the spread of infections

Answers

Answer:

All of the above can prevent the spread of infections

Explanation:

Germs are commonly known to be everywhere and can be spread in various ways, such as through the air in sneezes, coughs, or even breaths.

Hence, in this situation, in order to prevent the spread of germs, it is always advisable to carry out the following:

1. Make sure children take antibiotics every time they get sick

2. Wash your hands and children's hands often with soap and water

3. Cover your face with a re-usable handkerchief when you cough or sneeze

Therefore, the correct answer is "All of the above can prevent the spread of infections."

List the six areas of interest.

Answers

Answer:

Six areas of interest are: building,thinking,creating,holding, persuading and organizing.

Explanation:

I honk they’re Building,thinking,creating,holding,persuading and organization

Sophia is a postal carrier for the United States Postal Service. She frequently complains about all the inefficiencies and unfair treatment she sees, and she believes her boss is incompetent for not fixing any of the problems. Sophia complains about her boss regularly to anyone who will listen.A. Alienated followerB. Pragmatic SurvivorC. Effective followerD. Passive follower

Answers

Answer: Alienated follower

Explanation:

Alienated followers are independent and critical thinkers who participate not to the beam or fullness of their capacity in a group. Sophia is discouged by the inactiveness of her boss concerning her complians and this makes her to complain to anyone who may be willing to speak to him, this makes her a alienated follower.

A coaches who forces students to do drills to the point of exhaustion to improve physical performance, but who then caringly listen to personal problems is balancing ______. Group of answer choices

Answers

Complete Question:

A coach who forces students to do drills to the point of exhaustion to improve physical performance, but who then caringly listen to personal problems is balancing task and relationship leadership.

Group of answer choices

A. democratic and authoritarian leadership.

B. unrealized strengths and weaknesses.

C. task and relationship leadership

D. laissez-faire and authoritarian leadership.

Answer:

C. task and relationship leadership.

Explanation:

A coach who forces students to do drills to the point of exhaustion to improve physical performance, but who then caringly listen to personal problems is balancing task and relationship leadership.

Since the students are expected to improve their performance by doing drills, it is necessary that the coach ensures they complete the task as their supervisor and acting in the capacity of a leader. Also, the coach being a leader should show empathy and have a good listening hear to their personal problems.

In the case when the coaches who forces students to do drills to the point of exhaustion so it represent the  task and relationship leadership.

Task and relationship leadership:

In the case when the  coach who forces students to do drills to the point of exhaustion for improbving out the  physical performance, so it deals with the balancing task and relationship leadership.

Also by doing the drills, the performance should be increased also the coach has to assure that they finish the task according to the supervisor also acted with respect to the leader.

Learn more about performance here: https://brainly.com/question/21722002

Abe can catch 10 pounds of fish an hour or pick 10 pounds of fruit. Zeb can catch 30 pounds of fish an hour or pick 20 pounds of fruit. The opportunity cost of fish is ________ for Abe than for Zeb, and the opportunity cost of fruit is ________ for Abe than for Zeb.

Answers

Answer:

Higher, lower

Explanation:

Since in the question it is mentioned that the Abe could catch six fish  pounds  in an hour or pick fruit ten pounds

Where on the other hand, Zeb could catch 30 fish pounds in an hour or pick fruit twenty  pounds

So

The opportunity cost of fish is higher for Abe and for fruit it should be lower as compared with Zeb

Answer:

Higher, lower

Explanation:

Inflation and unemployment
Suppose that the government believes the economy is producing goods and services beyond its optimal level. The government therefore decides to decrease the quantity of money in the economy. This monetary policy______the economy's demand for goods and services, leading to______product prices. In the short run, the change in prices induces firms to produce______goods and services. This, in turn, leads to a_____level of unemployment. In other words, the economy faces a trade-off between inflation and unemployment: Lower inflation leads to______unemployment.

Answers

Answer:

Decreases; lower; fewer; higher; higher

Explanation:

Suppose that the government believes the economy is producing goods and services beyond its optimal level. The government therefore decides to decrease the quantity of money in the economy. This monetary policy decreases the economy's demand for goods and services, leading to lower product prices. In the short run, the change in prices induces firms to produce fewer goods and services. This, in turn, leads to a higher level of unemployment. In other words, the economy faces a trade-off between inflation and unemployment: Lower inflation leads to higher unemployment.

Inflation can be defined as the persistent rise in the price of goods and services in an economy. This inflation usually results in an increase in the cost living, prices of an average-weighted basket of goods and services, and high unemployment rates among the people living in the country.

What are some of the payoffs companies receive when offering child care benefits to employees?

Answers

Answer:

When an employer provides child care for its employees, both will benefit. The benefits that employers obtain are generally:

Child care is extremely important for working parents and it might be the difference between taking or staying on a job or working somewhere else. Companies that provide child care have lower employee churn, specially for working parents. Employees tend to be more productive since they are happier and have less things to worry about (specially child security and child care costs).Employees feel better about their employees and they tend to believe that the employer actually cares for them and their families. I'm sure there are many more, so etc.

Outsourcing suppliers can often provide economies of scale, especially for hardware and software, that may not be available to the client alone. Which benefit does this offer an organization?

Answers

Answer:

a reduction in fixed and recurrent costs

Explanation:

The biggest benefit that this offers an organization would be a reduction in fixed and recurrent costs. This is because by outsourcing the organization does not need to purchase all of the machinery and software necessary to successfully and efficiently complete the processes needed. The organization also does not have to pay for variable costs such as unexpected fixes with the needed hardware.

Financial accounting provides information for_____decision makers, while managerial accounting provides information for______decision makers.

Answers

Answer:

External and Internal

Explanation:

Financial accounting provides information for external decision makers. This branch of Accounting focuses on the preparation of Financial Statements under the relevant reporting standards (IFRS or GAAP).

Managerial accounting provides information for Internal decision makers. These includes budgets, cost schedules and Cost - Volume Profit analysis. They are used to maintain the operations of the entity.

On january 1, 2019, quenneville corporation sold equipment to wirtz, inc., for $500,000. the equipment had cost $300,000 to manufacture. the contract with wirtz requires quenneville to provide complete maintenance and repair services on the equipment for 5 years. quenneville's cost to provide the services are $10,000 per year.

Answers

Answer:

1. Total revenue recognized in 2019 is $428,000.

2. Earnings before tax in 2019 is $118,000.

Explanation:

The missing question are as follows

"Quenneville sells the 5-year maintenance and repair services contracts separately for $90,000. Quenneville uses the residual approach to allocate the $500,000 transaction price between the two performance obligations: delivery of the equipment and the maintenance and repair services.

1. What amount of revenue does Quenneville report in 2019

2. What amount of earning before tax does Quenneville report in 2019"

Solution

1. Calculation of the total revenue recognized in 2019

       Particulars                                                Amount

Standalone selling price for equipment        $410,000

($500,000 - $90,000)

Add: Standalone selling price of 5 years       $18,000

maintenance and repair contract

($90,000 / 5 years)

Total revenue recognized in 2019                $428,000

2.  Calculation of earnings before tax in 2019

     Particular                                           Amount

Total revenue recognized in 2019        $428,000

Less: Total expenses                              $310,000

($300,000 + $10,000)

Earning before tax in 2019                    $118,000

Tim's $2,500 boat trailer was stolen from his driveway. Ignoring any deductibles, how much can Tim receive for his stolen trailer when he files a claim against his homeowners policy?

Answers

Answer:

generally $1,000, but some policies can cover up to $1,250

Explanation:

Home insurance provides only very limited protection to boats or other watercraft that you might own. They are also very specific circumstances under which they will be covered and as long as it happens within your residence. In this case, since the boat trailer was stolen from your driveway you insurance policy will probably cover it, but the amount is relatively small. Most policies will cover only $1,000 and some might even cover up to $1,250, but generally the lesser amount is covered. If you own a boat it is usually recommended to get a boat insurance policy.

A restaurant prepares 200.00 pizza slices and sells them at a rate of $13.00/slice. Expenses for the restaurant include raw material for pizza at $5.00 per slice, $107.00 as monthly rental and $43.00 monthly as insurance. Restaurant is open only for 25 days in a month. Today there was a party at nearby office so the demand for pizza went up to 211.00 slices. Due to lack of availability vendor could not fulfill the demand and analyzed a lost sale as $4.00 per item. How much profit could the restaurant earn today?

Answers

Answer:

It  earns $1,550

Explanation:

Sales Price     $  13

Variable Cost $   5  

Contribution   $  8

200 slices x $8 = $1,600

Monthly expenses:

$107 rent + $43 insurance = $150

Divided by 25 days per month: $ 6 daily

Then, 11 extra slices incurs in $4 loss

11 x 4 = 44 loss

Total earnings for the day:

$1,600 - $6 fixed cost - $44 loss = $1,550

Drag the tiles to the correct boxes to complete the pairs. Match the different financial ratios with their one example of these ratios.

Answers

Answer: liquidity ratio-current ratio

Asset management ratio-total asset turnover ratio

Debt management ratio-leverage ratio

Profitability ratio-return on equity

Market value ratio-PE ratio

Explanation:

Answer:

Answer: liquidity ratio-current ratio

Asset management ratio-total asset turnover ratio

Debt management ratio-leverage ratio

Profitability ratio-return on equity

Market value ratio-PE ratio

Explanation:

Plato

Candonia has a comparative advantage in the production of , while lamponia has a comparative advantage in the production of . Suppose that candonia and lamponia specialize in the production of the goods in which each has a comparative advantage. After specialization, the two countries can produce a total of million pounds of sugar and million pounds of lemons.

Answers

Answer:

Candonia has a comparative advantage in the production of LEMONS, while Lamponia has a comparative advantage in the production of COFFEE. Suppose that Candonia and Lamponia specialize in the production of the goods in which each has a comparative advantage. After specialization, the two countries can produce a total of 36 million pounds of coffee and 36 million pounds of lemons.

Explanation:

Since a lot of information was missing, I looked it up and found the attached graphs. The graphs referred to production of coffee and lemons, but I guess they are similar questions.

For every pound of lemons that Candonia produces, it will not be able to produce ¹/₂ pounds of coffee (opportunity cost of producing lemons instead of coffee).

For every pound of coffee that Lamponia produces, it will not be able to produce 1¹/₂ pounds of lemons (opportunity cost of producing coffee instead of lemons).

In organizational culture, people focus refers to _____. a. the degree to which the organization monitors and responds to changes in the external environment b. the degree to which management ’s decisions take into account the effect of outcomes on employees within the organization c. the degree to which rules, policies, and direct supervision are used to oversee and control employee behavior d. the degree to which employees are encouraged to be aggressive, innovative, and risk seeking

Answers

Answer:

b)the degree to which management 's decisions take into account the effect of outcomes on employees within the organization

Explanation:

Organizational culture can be reffered to as believe or values by those in charge of a particular organization, and as far as the employee are taking these culture into consideration, there will also be improvement and normality in the organization. It should be noted that organization culture brings a great functionality in team work.

It should be noted that how focused people are in the organization, means the which management 's decisions take into account the effect of outcomes on employees

PLEASE HELP WILL GIVE BRAINLY!!!!!!!!!!!!!!!!!!




Using the graph above, explain what will happen to equilibrium price and equilibrium quantity if demand shifts to the level indicated by D1. Use complete sentences.

Answers

Answer:

Hola Amigo! Here's ur answer :D

Explanation:

The equilibrium price is the only price where the desires of consumers and the desires of producers agree—that is, where the amount of the product that consumers want to buy (quantity demanded) is equal to the amount producers want to sell (quantity supplied).

Happy to Help!

Answer: the answer is B. 15

Explanation: i put b on edgunuity and got it right hope this helps!

The extra benefit resulting from a small increase in an activity is called the diminishing returns of the activity. marginal cost. opportunity cost. marginal benefit.

Answers

Answer:

marginal benefit.

Explanation:

Marginal benefit is the increase in benefit as a result of an increase in an activity.

For example, if the utility you derive from consuming 3 cones of ice cream is 20 utils. If you consume 1 extra one, utility increases to 25 utils.

Marginal utility is 25 utils - 20 utils = 5 utils

Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.

the law of diminishing returns which says as more units of a variable input is added to a fixed income of production, output might increase at a point but after some time total output would increase at a decreasing rate and marginal product would be decreasing.

Marginal cost  is the increase in cost as a result of an increase in an activity.

What is a lease in business?

Answers

A lease is a contract outlining the terms under which one party agrees to rent property owned by another party. It guarantees the lessee, also known as the tenant, use of an asset and guarantees the lessor, the property owner or landlord, regular payments for a specified period in exchange.

In a household, a business is run for an average of 6 hours per day. the total power consumed by a computer and its printer is 215 watts. in addition, a 75-w light bulb runs during the same 6 hours. if their utility charges 11.75 cents per kwh, how much do the owners pay every 30-days?

Answers

Answer:

$6.13

Explanation:

total electricity consumed per hour = 215 watts (computer + printer) + 75 watts (lights) = 290 watts per hour

total electricity consumed per month = 290 watts x 6 hours x 30 days = 52,200 watts = 52.2 kwh

monthly electric bill associated to the business = 52.2 kwh x $11.75 = $6.1335 ≈ $6.13

the amount that the owners will pay every 30-days is $6.13.

Here, we are to calculate the amount that the owners will pay for electricity every month.

The total electricity consumed per hour equals watt of Computer&Printer + Light watt

Total electricity consumed per hour = 215 watts + 75 watts

Total electricity consumed per hour = 290 watts per hour

Total electricity consumed per month = Total electricity consumed per hour * 6 hours * 30 days

Total electricity consumed per month = 290 watts x 6 hours x 30 days

Total electricity consumed = 52,200 watts

Total electricity consumed = 52.2 kwh

Monthly electric bill = Total electricity consumed *  Utility charges per kwh

Monthly electric bill = 52.2 kwh x $11.75

Monthly electric bill = $6.1335

Monthly electric bill = $6.13

Therefore, the amount that the owners will pay every 30-days is $6.13.

See similar solution here

brainly.com/question/14592804

______ uses email messages or IMs that appear to be from those you do business with, such as your bank, credit card company, or social network. A) Spoofing B) Phishing C) Cyberbullying D) Pharming

Answers

Answer:

Phishing

Explanation:

Phishing can be regarded as a cybercrime, it is when someone is masquerading him/her self as someone you trust to get the target information such as bank credit card, personal data and others from you as their target.

It should be noted that Phishing uses email messages or IMs that appear to be from those you do business with, such as your bank, credit card company, or social network.

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