Answer:
Advertising Expense , Cost of Merchandise Sold , Merchandise Inventory, Sales,Supplies Expense are closed to income summary account. Revenues and expenses are closed to Income Summary.
Explanation:
Closing Entries
a. Accounts Payable: No it is not closed to income summary account.
b. Advertising Expense: Yes it is closed to income summary account.
c. Cost of Merchandise Sold: Yes it is closed to income summary account.
d. Dividends : No these are closed To Retained Earnings Accounts.
e. Merchandise Inventory : Yes it is closed to income summary account
f. Sales Yes it is closed to income summary account
g. Supplies: No prepaid supplies are an asset account and it is included balance sheet.
h. Supplies Expense: Yes it is closed to income summary account
i. Wages Payable: Not closed in the income summary account.
These are liabilities and included in the balance sheet.
Answer:
Thee answer is: A) Time taken to fill a position should be tracked for each recruiting source and the fastest possible source should be utilized.
Explanation:
When adopting an expansionist strategy the company is trying to achieve a higher sales growth rate than before. Since it took several new big contracts it will probably have to hire several (or very many) new employees and they need to do it fast. Usually when this happens, the company will try to hire the best possible applicants from the fastest recruiting source.
Construction work is much riskier than working as a server at a restaurant. as a result, we'd expect a difference in wages between the two jobs, the difference is known as a compensating differential. Thus, option B is correct.
<h3>What is Construction work? </h3>
Construction is work where people build buildings, apartments, homes, and bridges which includes demolishing, creating, and constructing. A plan is led out for the structure that is to be made.
Compensating differentials is a difference in pay between two jobs. it is often done because there is risk involved, more work to do, or attracting employees. Therefore, option B is the correct option.
Learn more about Construction work, here:
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The question is incomplete, the options will be:
a. An efficiency wages.
b. A compensating differential.
c. A wage adjustment.
d. A minimum wage.
C. the attitude of the people working at a company
The answer is<u> "B) the rate of inflation".</u>
Inflation alludes to a general increment in the Consumer Price Index (CPI), which is a weighted normal of costs for various products. The arrangement of products that make up the record relies upon which are viewed as illustrative of a typical utilization crate. Therefore, contingent upon the nation and the utilization propensities for most of the populace, the file will include diverse merchandise. A few merchandise may record a drop in costs, though others may build, along these lines the general estimation of the CPI will rely upon the heaviness of every one of the products as for the entire bin. Yearly expansion, alludes to the percent change of the CPI contrasted with that same month of the earlier year.
