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2 years ago

1. In what ways are boundaries and money management related to deep core needs?

1 answer:

6 0

I feel as though it speaks to trust in your relationship. If you are able to communicate boundaries and come up with what works for you and your spouse, you will gain that trust. With trust you also gain safety and security in a relationship.

The processes of setting up a budget, saving money, making investments, and spending are all examples of money management. The phrase can also be used to refer more specifically to portfolio and investment management.

Money management, sometimes known as investment management, is the process of keeping track of expenses, investing, setting a budget, banking, and assessing taxes on one's money. A strategic approach to managing money is to ensure that every dollar spent generates the maximum possible return on investment.

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On January 1, 2021, Hoosier Company purchased $940,000 of 10% bonds at face value. The bond market value was $985,000 on Decembe

qaws [65]

Answer:

Dr Bonds 940,000

Cr Cash 940,000

Dr Fair Value adjustment 45,000

Cr Net Unrealized holding gains & losses 45,000

Dr Fair Value adjustment 45,000

Cr Net Unrealized holding gains & Losses 45,000

Dr Investment in bonds 985,000

Cr Discount on bond investment 45,000

Cr Cash 940,000

Explanation:

Hoosier Company Journal entries

Dr Bonds 940,000

Cr Cash 940,000

Dr Fair Value adjustment 45,000

($985,000-$940,000)

Cr Net Unrealized holding gains & losses 45,000

Dr Fair Value adjustment 45,000

Cr Net Unrealized holding gains & Losses 45,000

Dr Investment in bonds 985,000

Cr Discount on bond investment 45,000

Cr Cash 940,000

8 0

3 years ago

During the current year, Adams Assembly, Inc., recorded credit sales of $1,300,000. Based on prior experience, it estimates a 1

OleMash [197]

Answer:

a. Debit Allowance for doubtful debt $4,000

Credit Accounts receivable. $4,000

Being entries to write off debt that had been provided for.

b. Debit bad debit expense $13,000

Credit Allowance for doubtful debt $13,000

Being entries to record bad debt expense for the current year.

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales.

Based on assessment, some or all of the receivables may be uncollectible.

To account for this, debit bad debit expense and credit allowance for doubtful debt.

Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Bad debt = 1% * $1,300,000

= $13,000

3 0

3 years ago

Kono corp. , an american company, is trying to decide whether to open its first international branch in europe or asia. The mana

scZoUnD [109]

The managers of Kono Corp., which is an American company trying to open a branch in Europe or Asia are operating under a condition of <u>D. uncertainty</u>.

<h3>What is uncertainty?</h3>

Uncertainty refers to situations where the information is imperfect or unknown. When operating under uncertainty, some evaluations need to be undertaken to close the information gap.

<h3>Answer Options:</h3>

A. goal displacement.

B. illusion of control.

C. social reality.

D. uncertainty.

Thus, the managers of Kono Corp. are not operating under goal displacement, the illusion of control, or social reality, but it is operating under conditions of uncertainty.

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6 0

2 years ago

Alicia deposited $400 in the bank. The bank paid her simple interest at the rate of 5 percent per year. How much money will she

algol13

Using simple interest, she will have $410 at the end of six months.

Principle = $400

Rate = 5%

Time equals 6 months, or 0.5 years.

Simple interest is equal to PRT/100.

S.I. = 400*5*(1/2)/100

S.I. = 10

Consequently, $400 plus $10 equals $410.

<h3>What is simple interest?</h3>

To calculate the amount of interest that will be charged on a loan, use the quick and easy formula known as simple interest. For the purpose of calculating simple interest, the daily interest rate, the principal, and the number of days between payments are multiplied.

A loan's principal or the first deposit into a savings account serves as the basis for simple interest. Because simple interest doesn't compound, a creditor would only pay interest on the principal sum, and a borrower will never have to pay interest on the interest that has already accrued.

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6 0

8 months ago

Tyson Corporation bought raw materials on April 23, 2012 and also on July 2, 2012. Products produced in the months of May were s

exis [7]

Answer:

2. the inventory acquired on April 23 with the products sold

Explanation:

Tyson Corporation

<em>As the company uses FIFO it would associate the sales with the inventory bought earliest. FIFO means first in first out the materials bought first would be sold first . The materials bought later would be sold later. In this situation the April 23 inventory is the first purchase so it would be associated with the products sold first in July. </em>

So option 2 is the best option indicating the first purchase sold first.

5 0

3 years ago

Read 2 more answers