Answer:
the business will pay for the supplies at a later time
a liability has been incurred.
the Accounts Payable account will be increased.
Explanation:
In the case when the supplies are purchased on credit, the following entry should be passed
Supplies Dr XXXX
To Account payable XXXX
(Being supplies purchased on credit is recorded)
here supplies is debited as it increased the asset and credited the account payable as it also increased the liabilities
So the following options should be chosen
1. The business would pay at a later time
2. Liability is incurred
2. The account payable is increased
What precautions does the government take to protect money?
Answer:
Americans piled into the metal as protection from the collapsing value of the dollar. But since the 1970s, the government has enacted a series of laws that have made owning gold more difficult, more costly, and less private.
Explanation:
:D
What are accounts payable and accounts receivable?
payable = money owed by a company to its creditors
receivable = money owed to a company by its debtors.
Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
Accounts receivable are legally enforceable claims for payment held by a business for goods supplied or services rendered that customers have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame.
does anyone know any good spells
Answer:
abra cadabra
Explanation:
8. Discuss the risks a business faces when attempting to increase the profit margin of
a commodity
Answer:
There are major risks when a company attempts to increase the profit margin of a commodity, first if you buy from a cheaper vendor the quality of your commodity will drop affecting the number you sell on average, But if you raise the costs too much then there is the possibility people would be deterred by the cost.
If you increase the costs too much then there is the possibility people would be demoralized by the cost.
What a is the Margin of Commodity?
There are significant risks when a company endeavors to increase the profit margin of a commodity,
foremost, if you buy from a more affordable vendor the quality of your commodity will decline affecting the numeral you sell on average,
So, Therefore, if you raise the costs too much then there is the possibility people would be discouraged by the cost.
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A. trade-off
B. investment
C. frontier
D. growth
Answer:
The answer is "Option C"
Explanation:
The curve on the graph is also known as the arc, which is used in the connected mixture of perceptual lines to three additional lines in standard dual points. The Frontier production options is a nice graph of all the various output mixture of different products which can be produced utilizing existing techniques and knowledge.
Which of the following is true of brand personalities?
They are not as important as brands' names and logos
They are determined by consumers' perceptions, but influenced by the process of branding
They are determined by the process of branding, but influenced by consumers' perceptions
They are not developed until a brand is nationally known
Answer:
they are determined by consumer's perceptions, but influenced by the process of branding is answer.
Explanation:
I hope it's helpful!
In early America, the Navigation Acts ensured all imported products came from England. What type of market structure is this an example of?
A) monopoly
B) oligopoly
C) traditional
D) free competition
Answer:
Monopoly
Explanation:
The monopoly is the market structure where there is only single seller who sells a unique product. Also in this market, there is no competition as the seller is only one who deals in one product and other sellers has nno close subsitutes
So as per the given situation since the imported goods came from england so this represents the monopoly
Hence, the correct option is A.
When working in the gig economy, what statement is true regarding your payroll taxes?
a. You do not have to pay any payroll taxes
b. You can postpone paying your payroll taxes for up to a year
c. You only have to pay half of your payroll taxes for Social Security but not for Medicare
d. You must pay your entire payroll tax to cover Social Security and Medicaid
Answer:
c. You only have to pay half of your payroll taxes for Social Security but not for Medicare
Explanation:
This is true due to the fact that, payroll taxes is exempted from medicare as a result of the individual medicare subscription of the employees. On the other hand, there is need for them to pay social security taxes towards the provision of the social amenities to the citizens.
help me please ❤️ question says
what is quarts and gallons?Convert 5 quarts to gallons.
Answer: See explanation
Explanation:
The quart is the same as one quarter of a gallon and it is used for measuring liquid. The gallon is also a unit of measurement for liquid as well.
In converting 5 quarts to gallons, we should note that:
1 quart = 1/4 gallon
5 quarts = 1/4 × 5 = 1.25 gallon
introduce national employment with its importance and examples
Answer:
national employment. Employment created and provided by a national employer, business, company, enterprise, organization or national unity government in various areas of a country. National employment is a vital part of an economic system.
Explanation:
Types of employment
Full-time and part-time employees.
Casual employees.
Fixed term and contract.
Apprentices and trainees.
Commission and piece rate employees.
Arkansas permit test?
Answer:
Arkansas Fines and Limits Permit Practice Test
To take your knowledge exam, you'll need to pay a $5 testing fee, as well as a $40 license fee if you pass.
25 questions. The Arkansas knowledge test, which you must pass to get your learner's permit, has 25 questions. You must correctly answer 20 of them. If you fail the knowledge test, you can re-test in five days.
When selecting interests/activities to include on your résumé, select those that are _____.
relevant
challenging
interesting
dangerous
Answer:
When selecting interests/activities to include on your résumé, select those that are interesting.
Explanation:
You don't want to be stuck doing something you hate for a living. I might say challenging since everybody's brains need risk and challenge to develop and mature, but you don't want to k!ll yourself either when it could be easy.
Anika, a division manager, is purchasing materials to ensure she has enough to meet customers' demands. Anika is engaging in the ________. A) planning function B) directing function C) controlling function D) decision function
Anika, a division manager, is purchasing materials to ensure she has enough to meet customers' demands. Anika is engaging in the directing function. Thus, the correct option is B.
What is Directing function?Directing function can be said to be a process in which the managers instruct, guide, and oversee the performance of all the workers of the organization to achieve predetermined goals. Directing function is said to be the heart of the management process in an organization. Planning, organizing, staffing have got no importance if the direction function does not take place properly.
There are four primary elements of the directing function which include supervising, motivating, leadership, and communication. The importance of Directing function include initiating actions, ensures co-ordination, improves efficiency, facilitates change and assists stability and growth.
Therefore, the correct option is B.
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What is price skimming?
Answer:
a strategy where someone sets a high price at first to attract people who like it a lot enough to buy it at that price but slowly lowering it over time so that even people who arent as desperate to buy it will possibly buy it as well.
After reading through these pages and completing some of the activities, do you believe the decision to start a new business is a good one or would you advise that person to continue looking for employment? What are your reasons for coming to this conclusion?
Incomplete question. I answered from a general perspective.
Answer:
Yes, if circumstances allow
Explanation:
While it may be best for someone to start a new business rather than go on looking for employment, it is also not always going to be the best option for some other person.
However, here are some advantages/benefits of starting a new business instead;
Become your own boss. By so doing you become self-employed; having the ability to control how to run your business. Gives you the privilege of earning additional personal income.Work flexible hours.Typically, salary of a job grows when: *
A. amount of time on the job has increased
B. employer likes the employee
C. employee demands a raise
D. motivation, desire, and attitude of an employee grows in a positive direction.
Answer:
D
Explanation:
motivation, desire, and attitude are the most important aspects when it comes to your job. Having your boss like you is great and all, but it won't get you a raise.
what are the financial manager
Answer:
Someone who manages a companies finances/money.
Explanation:
The fact that there are now more single people going on vacation is a behavioral trend observed in the hospitality and tourism industry.
true or false
Answer:
true
Explanation:
If any body wants to be doctor ; what else does he need to do?
Answer:
go to med school
Explanation:
.........
If you take out a loan, which two things do your loan payments go toward?
A. Income and cash flow
B. Assets and collateral
C. Line of credit and the bank
D. Principal and interest
Answer:
D. Principal and interest
he government increasing/decreasing its spending and/or increasing/decreasing tax rates would have to do with ________________. *
Answer:
Fiscal policies
Explanation:
Fiscal policies are the actions of the government of adjusting taxes and expenditure to achieve desired macroeconomics objectives. The government's spending and taxation activities have a great influence on the level of economic activities in the country.
The government has the objective of maintaining stable prices, a low inflation rate, a low unemployment rate, and steady economic growth. Through its various agencies, the government receives data showing the parameters of each of the macroeconomic variables. Depending on the state of the economy, the government adjusts taxes and spending to achieve desired objectives.
Where in an e-mail would you find information about the action required?
A. In the subject line
B. In the message
C. In the greeting
D. In the To field
Answer:
The message
Explanation:
Answer:
The message
Explanation:
Which shape has exactly two lines of symmetry? A) square B) isosceles right triangle C) trapezoid D) rectangle
Answer:
D) rectangle
Explanation:
A shape with two symmetrical parts is one that has two sides that equals or have a similar appearance. Symmetrical shapes have at least two identical sides and can be divided into equal parts.
A rectangle has two equal sides. The lengths are equal, and so are the widths.
Why Strategic Planning is an Important Life Skill?
Answer:
Explanation:
Because if you're able to plan things, its a useful skill for jobs, family planning etc. Its a useful skill to have.
The __________ rate tells you how much one unit of currency is worth when converted to another currency.
A. Exchange
B. Interest
C. Inflation
D. Compound
Answer:
the answer is A. exchange
hope this helps
HELP QUICK WILL PICK BRAINLIEST
When you receive your paycheck, you should verify that the amounts are accurate. Which of these things should you do?
Calculate your wage to ensure the gross wages on your paycheck are correct.
Review your deductions for accuracy.
Subtract the total amount of deductions from your gross wages to determine the correct net wage to be paid.
all of the above
Answer:
all of the above
Explanation:
answered it on edg 2021 and got it correct
For problems 1-3, use the Social Security tax rate of 6.2% on the first $97,500 earned and
Medicare tax rate of 1.45% on all earnings to solve the following problems.
1.) Richard has a gross monthly income of $3,400. His earnings to date for this year are
$54,000. How much is deducted this month for Social Security? How much for Medicare?
Answer:
Social security : $210.8
Medicare: $49.3
Explanation:
Social security tax and medicare are calculated based on the gross income.
Richards gross income for the months us $3,400
Social security tax will be
=6.2 % of $3400
=6.2/100 x 3400
=0.062 x 3400
=$210.8
Medicare tax will be
=1.45 % x $3400
=1.45/100 x 3400
=0.0145 x 3400
=$49.3
Rectify the following errors identified in the books of Shyam. The Trial Balance
showed ₹ 875 as an excess debit.
a. The total of debit side of Expenses account been cast in excess of ₹575.
b. Paid electricity bill of the proprietor’s residence was debited to
Electricity expenses ₹1,050.
c. An amount of ₹ 150 entered in sales return book has been posted to the
debit of Verma, who returned the goods.
Pass journal entries for correcting the above transactions and prepare
Suspense Account.
PLEASE ANSWERRR
Answer:
Part 1
a
Debit : Suspense Account ₹575
Credit : Expenses ₹575
Reducing the Debit of the Expenses Account by ₹575
b
Debit : Drawings ₹1,050
Credit : Electricity expenses ₹1,050
Drawings treated as Electricity expenses now corrected
c
Debit : Suspense Account ₹ 300
Credit : Account Receivable - Verma ₹ 300
Sales returns posted on wrong side of Verna`s Account now corrected
Part 2
Suspense Account
Debit :
Difference on Trial Balance ₹ 875
Expenses ₹575
Account Receivable - Verma ₹ 300
Totals ₹ 1,750
Credit :
Profit and Loss ₹ 1,750
Totals ₹ 1,750
Explanation:
Only errors that affect trial balance totals to not agree will require correction through suspense account.
That said, the errors that do not affect trial balance totals such as Error of Principle, Error of Original Entry do not require to be corrected through the Suspense Account.
The difference in the Suspense Account usually cost more effort to continue to check the records than it is worth it for the firm, hence it is written off to profit and loss account
What is product positioning?
Answer:
Product positioning is the process of thinking and communicating about how you want your market to think and feel about your product. Successful product positioning requires your team to articulate.
Explanation:
Which of the following methods is designed to determine the demographics of a particular target market?
Primary market research
Secondary market research
Diversity marketing
Differentiated marketing
Answer:
B. Secondary market research
Explanation:
Market research can be defined as a strategic technique which typically involves the process of identifying, acquiring and analyzing informations about a business. It involves the use of product test, surveys, questionnaire, focus groups, interviews, etc.
Secondary market research can be defined as a method designed to determine the demographics of a particular target market.