Answer:
1. Dr Accounts Receivable $6
Cr Fees Earned $6
2. Dr Supplies Expense $3
Cr Supplies $3
3. Dr Insurance Expense $12
Cr Prepaid Insurance $12
4. Dr Depreciation Expense $5
Cr Accumulated Depreciation—Equipment $5
5. Dr Wages Expense $2
Cr Wages Payable $2
Explanation:
Preparation of the five journal entries that adjusted the accounts at October 31, 2018.
1. Dr Accounts Receivable $6
Cr Fees Earned $6
($44-$38)
(To Accrued fees earned)
2. Dr Supplies Expense $3
Cr Supplies $3
($10-$7)
(To record Supplies used)
3. Dr Insurance Expense $12
Cr Prepaid Insurance $12
($22-$10)
(To record Insurance expired)
4. Dr Depreciation Expense $5
Cr Accumulated Depreciation—Equipment $5
($12-$7)
(To record Equipment depreciation)
5. Dr Wages Expense $2
Cr Wages Payable $2
($2-$0)
(To record Accrued wages)
I cannot write the entire essay for you, but here are some differences:
Command Economy: production and prices are controlled by the government
In a free market, consumers' demand determine what is/should be made and how much to charge.
This is an example heterogeneity because each service has unique charecteristics.
Answer:
Receiving a high-level promotion
Explanation:
Abraham Maslow created a motivational theory as per which different needs of an individual can be prioritized with respect to their order of importance.
Maslow defined 5 needs in his hierarchy which are as follows:
Basic Psychological Needs
Safety Needs
Emotional Needs
Self Esteem Needs
Self Actualization Needs
As per the given information, receiving a high level promotion satisfies an individuals self esteem needs and earning respect and recognition among peers.
