Answer:
first I will journalize the adjustments:
a. Received a $510 utility bill for electricity usage in July to be paid in August.
Dr Utilities expense 510
Cr Accounts payable 510
b. Owed wages to 15 employees who worked two days at $55 each per day at the end of July. The company will pay employees at the end of the first week of August.
Dr Wages expense 1,650
Cr Wages payable 1,650
c. On July 1, loaned money to an employee who agreed to repay the loan in one year along with $660 for one full year of interest. No interest has been recorded yet.
Dr Interest receivable 660
Cr Interest revenue 660
effects on the accounting equation:
Assets = Liabilities + Equity
a. 0 510 -510
b. 0 1,650 -1,650
<u>c. 660 0 660</u>
660 2,160 -1,500
Revenue - Expenses = Net income Cash flow
a. 0 510 -510 0 OA
b. 0 1,650 -1,650 0 OA
<u>c. 660 0 660 0 OA</u>
660 2,160 -1,500 0 NC
You get pad by the hour but may make more <span />
Be open minded to other people's ideas and hear everyone's opinion. If you want a successful group everyone needs to feel that they are able to share their opinions and ideas without being harshly criticized
a.true
Because with said the the margin of safety is the amount that sales can drop before the company incurs a loss.
read the question aloud and it will make sense.
Answer: flow
Explanation:
Foreign direct investment flows records the value of foreign transaction with investment carried out at a particular period of time, probably quarterly, annually.
This flow consists of reinvestment earnings, equity transactions, and company debt transaction.
Inward and outward flows are also been taken into consideration, how foreign investments/transaction are noted in and out of the organization.
