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Jobisdone [24]
2 years ago
12

Wells technical institute (wti) provides training to individuals who pay tuition directly to the school. wti also offers trainin

g to groups in off-site locations. wti initially records prepaid expenses and unearned revenues in balance sheet accounts. its unadjusted trial balance as of december 31 follows, along with descriptions of items a through h that require adjusting entries on december 31.
Business
1 answer:
hodyreva [135]2 years ago
4 0

Wells Technical Institute's method of recording unearned revenues and prepaid expenses into its balance sheet accounts is known as an accrual method of accounting.

<h3>What is accrual method?</h3>

A method of accounting in which the payments and the receipts for a business are recorded in the books of accounts at the time they are due, but not yet received, is known as the accrual method of accounting.

Hence, the significance of accrual method is given above.

Learn more about accrual method here:

brainly.com/question/14868839

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Taking into account recent technological developments what technical advances do you think are possible in the next twenty years
9966 [12]

Answer:

1. Automation and robotics

2. Hyperloop and autonomous vehicles

3. Smart drones

4. Virtual reality learning

5. Space vacation (tourism)

Explanation:

1. Automation and robotics: This will continue to transform the manufacturing sector in various ways with use of Internet of Things (IoT), learning though data collection and analysis, there will be a general increase in robotic integration.

2. Hyperloop and autonomous vehicles: pneumatic tube that uses a series of linear induction motors and compressors to propel vehicles at super fast speeds. Hyperloop’s technology will be the future of long distance travel in the world. Also, autonomous vehicle technology will become a safer alternative to human driving.

3. Smart drones: The use of drones for delivering parcels, Medicine, Pizza, and all types of goods is receiving large investment from Google, Amazon, Walmart and so on. Drones will be the future of delivering items in future.

4. Virtual reality classrooms and meetings: This is a technological advancement that will provide an engaging and immersive experience in learning and other virtual meetups without leaving ones current environment.

5. Space vacation (tourism): This will give opportunity to the members of the public to buy tickets(return tickets) to travel to the space and probably stay for a given period. With the help of companies like Spacex, Orbital Technologies etc, space tourism is becoming a realistic target.

5 0
3 years ago
Market researchers often report discretionary income. Discretionary income is your disposable income minus your fixed expenses.
SOVA2 [1]

The percentage of the disposable income that is discretionary is equal to 30.82% if the amount left after fixed expenses is $900.

As the amount left after payment of the fixed expenses is $900, this is said to be the discretionary income because discretionary income is equal to the disposable income minus fixed expenses.

Now we can calculate the percentage of disposable income that is discretionary as follows;

percentage of disposable income that is discretionary = (discretionary income ÷ disposable income) × 100

% discretionary income = (900 ÷ 2,920) × 100

% discretionary income = 90,000 ÷ 2,920

% discretionary income = 30.82%

Hence, 30.82% of the disposable income is calculated to be discretionary if the disposable income is $2,920 and the amount left after payment of fixed expenses is $900.

To learn more about discretionary income, click here:

brainly.com/question/15814704

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3 0
1 year ago
Mona's flexible work schedule indirectly enhances her children's development by allowing her time off for school activities and
grigory [225]

Answer:

C. exosystem

Explanation:

According to my research on studies conducted on child development, I can say that based on the information provided within the question this is an example of interactions within the exosystem. This is what contains environmental elements that have a significant influence on a child's development, even though that child is not directly involved with them.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Read 2 more answers
You love peanut butter. You hear on the news that 50 percent of the peanut crop in the South has been wiped out by drought, and
Vinil7 [7]

Answer:

B. your demand for peanut butter increases today.

Explanation:

7 0
3 years ago
The common stock of ABC, Inc., has a beta of 1.13 and a standard deviation of 21.4 percent. The market rate of return is 12.7 pe
harina [27]

Answer:

The appropriate answer is "13.82%".

Explanation:

Given:

Risk free rate,

R_f=4.10

Beta of stock,

\beta=1.13

Market rate,

= 12.7

Now,

The market risk premium will be:

⇒ R_p = Market \ rate-Risk \ free \ rate

        = 12.7-4.1

        = 8.60 (%)

hence,

The cost of equity will be:

⇒ r=R_f+\beta\times R_p

      =4.10+1.13\times 8.60

      =4.10+ 9.718

      =13.82 (%)

7 0
3 years ago
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