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Katyanochek1 [597]
2 years ago
11

The company employs a single employee who works all five weekdays and is paid for the workweek on the following Monday. The empl

oyee works the entire week ending on Friday, December 30. The employee earns $800 per day. Complete the necessary journal entry.
Business
1 answer:
irakobra [83]2 years ago
7 0

The necessary journal entry is 4000$.

The journal entry is a document of a commercial enterprise transaction for your commercial enterprise books. In double-access bookkeeping, you make a minimum magazine entry for every transaction. because a transaction can create plenty of modifications in an enterprise, a bookkeeper tracks them all with magazine entries.

An instance of a journal entry includes the acquisition of machinery by u.s . where the machinery account may be debited, and the cash account may be credited. There are three primary forms of a journal entry: compound, adjusting, and reversing.

Journal entry layout is the usual format used in bookkeeping to keep a file of all of the agency's commercial enterprise transactions and is especially based totally on the double-entry bookkeeping device of accounting and ensures that the debit aspect and credit score facet are always equal.

Learn more about journal entries here: brainly.com/question/24696035

#SPJ4

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Which of the following groups on the Insert tab contain the command to add WordArt to a publication?
lisabon 2012 [21]

Answer: Text group

Explanation: The Wordart is used for text formatting in Microsoft Word.It enables the addition of different style formatting to a text such as adding a fill, color, shadow, outlines and so on to our text in other to make it look more attractive. The Wordart style is located in the text group of the insert tab menu. The Wordart pull down will be seen where one can choose between the plain or transform style galleries and perform the necessary text formatting.

4 0
3 years ago
Lakeisha is a management assistant at the Fourth Bank and Trust Company of Pasadena. Wilson is a senior vice president of the ba
Mamont248 [21]

Answer:

d. Restate that under no circumstances shall Lakeisha adopt retaliatory conduct against Wilson in the future if their relationship ends in a bad manner

Explanation:

In such a situation, Wilson decides to send Lakeisha a letter that:

Restate that under no circumstances shall Lakeisha adopt retaliatory conduct against Wilson in the future if their relationship ends in a bad manner even though the romantic attraction between Lakeisha and Wilson was very strong and they have become lovers in which Wilson is concerned that the bank and he could be accused of sexual harassment which is why The director of human resources recommends that Wilson and Lakeisha sign a "lovecontract." Despite such arrangements was not a perfect solution to liability.

4 0
3 years ago
When Ford was slow to recall vehicles to fix a possible carbon monoxide leak, it was most likely due to ________, because Ford w
Vladimir79 [104]

Answer: Overconfidence bias

Explanation:

The options are:

a. overconfidence bias

b. hindsight bias

c. framing bias

d. escalation of commitment bias

e. sunk-cost bias

Overconfidence bias is when people or organization believe so much in their ability, knowledge, talent, or skills which invariably leads them to believe that they are better than the way they really are. It is an ego belief and can have a dangerous effect.

Ford was slow to recall vehicles to fix a possible carbon monoxide leak due to overconfidence bias as they believe that they are a force to be reckoned with and can't make such mistakes.

5 0
3 years ago
Suppose there are two states that do not trade: Iowa and Nebraska. Each state produces the same two goods: corn and wheat. For I
4vir4ik [10]

Answer:

Lowa should produce corn; Nebraska should produce Wheat

Explanation:

Two states: Iowa and Nebraska

Same two goods are produced by both of them: Corn and wheat

For lowa,

Opportunity cost of producing wheat = 3 bushels of corn

Opportunity cost of producing corn = (1 ÷ 3) bushels of wheat

For Nebraska,

Opportunity cost of producing wheat = (1 ÷ 3) bushels of corn

Opportunity cost of producing corn = 3 bushels of wheat

According to the concept of comparative advantage, a country is exporting the commodity in which it has a comparative advantage and a country has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity is lower than the other country.

In our case, lowa should producing and exporting corn because the opportunity cost of producing corn is lower than the Nebraska and on the other hand, Nebraska should producing and exporting wheat because the opportunity cost of producing wheat is lower than the lowa.

7 0
4 years ago
1. Which of the following accurately explains why scarcity forces individuals and society to incur opportunity costs? A. Because
lozanna [386]

Answer:

explanation of opportunity cost:

A. Because of scarcity, people must make choices, and each choice incurs a cost

exampes of opportunity cost:

A. The money spent on a movie ticket cannot buy a Blu-ray player

C. The time spent preparing for a test cannot be spent playing computer games

Explanation:

The opportunity cost refers to the return or ouput of the resource used in the best alternative decision.

That means, the wages we get fro ma certain job most be compared with the wages we could do in another to really check if we are making a gain or not with our job.

Same applies for capital and other factors.

4 0
3 years ago
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