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2 years ago

An example of ________ utility involves intermediaries shipping goods to buyers of a product.

Business

1 answer:

zzz [600]2 years ago

6 0

An example of <u>possession</u> utility involves intermediaries shipping goods to buyers of a product.

Possession utility speaks to the actual act of product possession — which includes consumers riding a new automobile off the lot or having furniture added to their domestic. It also highlights the connection between ownership and purpose.

There are 4 one-of-a-kind forms of software: form application, place utility, time software, and ownership application. The quantity to which those utilities affect buy choices depends on the individual.

Ownership utility is the value derived from a product that incorporates the whole possession utility of the product with a preference to apply the product right now and for any motive.

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On January 1, 2022, the ledger of Oriole Company contained these liability accounts. Accounts Payable Sales Taxes Payable Unearn

kondaur [170]

The preparation of the journal entries is as follows:

<h3>Journal Entries for January Transactions:</h3>

Date Account Titles and Explanation Debit Credit

Jan. 1, 2022: Cash $518,000

Notes Payable $518,000

(To record borrowing on notes payable for 4 months at 5%.)

Jan. 5, 2022: Cash $5,936

Sales Taxes Payable $336

Sales Revenue $5,600

(To record the sale of merchandise for cash.)

Jan.. 12, 2022: Unearned Service Revenue $11,700

Service Revenue $11,7004

(To record the performance of services for customers.)

Jan. 14, 2022: Sales Taxes Payable $8,200

Cash $8,200

(To record the payment of sales taxes collected in December.)

Jan. 20, 2022: Accounts Receivable $384,780

Sales Taxes Payable $21,780

Sales Revenue $363,000

(To record the sale of 660 units at $550 per unit, plus 6% sales tax.)

<h3>Adjusting Journal Entries:</h3>

Date Account Titles and Explanation Debit Credit

Jan. 31, 2022: Interest Expense $2,158

Interest Payable $2,158

(To record the interest on outstanding notes payable.)

Jan. 31, 2022: Wages Expense $98,000

Wages Payable $98,000

(To record the wages expenses accrued.)

Jan. 31, 2022: Wages Expense $14,295

Payroll Taxes Payable $14,295

(To record payroll and withholding taxes.)

Jan. 31, 2022: Payroll Taxes Expense $7,497

Payroll Taxes Payable $7,497

(To record employer's payroll taxes.)

2. The preparation of the current liabilities section of the balance sheet at January 31, 2022, is as follows:

<h3>Liability Accounts:</h3>

Accounts Payable $44,100

Sales Taxes Payable 22,116

Unearned Service Revenue 8,900

Notes Payable 518,000

Wages Payable 98,000

Payroll Taxes Payable 21,792

Interest Payable 2,158

Total current liabilities $715,066

<h3>Transactions Analysis:</h3>

Liability Accounts:

Accounts Payable $44,100

Sales Taxes Payable 8,200

Unearned Service Revenue 20,600

Jan. 1, 2022: Cash $518,000 Notes Payable $518,000 4-month, 5%

Jan. 5, 2022: Cash $5,936 Sales Taxes Payable $336 Sales Revenue $5,600

Jan.. 12, 2022: Unearned Service Revenue $11,700 Service Revenue $11,700

Jan. 14, 2022: Sales Taxes Payable $8,200 Cash $8,200

Jan. 20, 2022: Accounts Receivable $384,780 Sales Taxes Payable $21,780 Sales Revenue $363,000

Jan. 31, 2022: Wages Expense $98,000 Wages Payable $98,000

Jan. 31, 2022: Wages Expense $14,295 Payroll Taxes Payable $14,295

Jan. 31, 2022: Payroll Taxes Expense $7,497 Payroll Taxes Payable $7,497

Jan. 31, 2022: Interest Expense $2,158 Interest Payable $2,158

<h3>Liability Accounts:</h3>

Accounts Payable $44,100

Sales Taxes Payable 22,116 (8,200 + 336 -8,200 + 21,780)

Unearned Service Revenue 8,900 (20,600 - 11,700)

Notes Payable $518,000

Wages Payable $98,000

Payroll Taxes Payable $21,792 ($14,295 + 7,497)

Interest Payable $2,158

Learn more about journalizing sales transactions at brainly.com/question/17201601

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3 0

2 years ago

What is not recommended discipline technique

vredina [299]

Answer:

Spanking
Consequences
Removal of Privileges
Time-Outs
Reward Systems
Shaming

Explanation:

Negative discipline is in type of minor to significant disciplines when the positive techniques are at an inability to accomplish the acknowledged degree of models as endorsed or timetables as an issue of its approaches principally demanded with the expectation of maintaining the uprightness of the association among the work power and people in general all in all. These may establish suspension of representatives, mandatory off, withdrawal of specific advantages, downgrade, excusable, and so forth and the gravity of such disciplines relies on the character of unfortunate behavior/carelessness of moral qualities. While upholding Negative disciplinary activities philanthropic grounds likewise considered, all things considered, as mistake is human, and the family or society or even the nation ought not endure by virtue of awful notoriety and very consideration and thinking alongside the endorsed rules of the work law are carefully tracked with lawful decisions under comparable conditions. Primary thought would be that the group of the oppressed isn't far influenced.

The negative discipline techniques you shouldn't utilize are as per the following:

Enthusiastic Shakedown
Blame
Open Embarrassment
Mockery
Orders
Yelling
Physical Viciousness
Damaging Words
Dangers
Cold Conduct

7 0

3 years ago

General Plastics Corporation instituted a new absenteeism control policy that took effect the first day of June. It expects the

True [87]

Answer: B. The indicator of success was inappropriate.

Explanation:

The new policy was implemented to get 25% reduction in absenteeism. However, if vacations are also counted as absenteeism how would one specify if the policy introduced was successful or not?

Therefore, the success parameter was vague and there should be other parameters in order to judge the success of the new policy implemented.

6 0

4 years ago

Net requirements for component J are as follows: 60 units in week 2, 40 units in week 3, and 60 units in week 5. If a fixed-peri

agasfer [191]

Answer:

e. none of the choices.

Explanation:

Based on the scenario being described within the question it can be said that none of the choices are correct because this method focuses on obtaining an order quantity by fixing the quantity for a certain period of time, and calculating the total quantity of Net Requirements within the period. Therefore since the first week and week 4 are missing then none of these are correct, and since the information is not provided by choice answer d. is wrong too.

3 0

3 years ago

Discretionary costs have two important features. The first feature arises from periodic decisions regarding the maximum amount t

zhenek [66]

Answer:

d. resources used

Explanation:

Discretionary cost is simply a cost derived from discretionary expenses. It is the cost with which a business or household can do withoit. Discretionary expenses are usually nonessential spending in nature as it is usually wants rather than needs. , Discretionary are simply non-essential expenses. They are expenses for things we don't need e.g eating out, gifts and others.

4 0

3 years ago