Answer:
(a). supply expense = for both debit and credit = $370.
(b). Insurance expense= for both debit and credit sides = $130.
(c).Salary expense and salary payable = for both debit and credit sides = $1400
(d). Electricity expense =$ 250.
Explanation:
NOTE: Please check the attachment for the proper drafting of the adjusting journal entry.
The term "adjusting journal entry" is used in accounting to determine the the expenses for a particular period of time. The "adjusting journal entry" is needed for efficient and effective accounting record because it can also be used in the correction of an accounting record that had been recorded before that particular period of time.
Here in the "adjusting journal entry" there is going to be the debit side and the credit side for each accounts.
(a). The supply expense and the supplies = 600 - 230 = 370 for the credit and the debit sides.
(b). Insurance expense = $130.
(c). Salary expense and salary payable = 3500 × 2 / 5 = $1400.
(d). Electricity expense and expense payable = $250
Answer:
Explanation:
Total quality management programs are the continual process of detecting and eliminating errors in manufacturing, streamlining supply chain management, improving the customer experience, and ensuring that employees are up to speed with training. This constant change and improvement allow companies like GC Micro to continuously grow their business and in term their profits. Therefore, for a large company such as this one, $70 million is nothing compared to the amount of money they will profit by improving their business.
If total utility is decreasing, then marginal utility is negative
PROFIT PERHAPS OR INCREASE IN SALES FOR THERE IS NO RIVALS ANYMORE AND HAVE TAKEN THEM OUT
Answer:
lower; stronger
Explanation:
Purchasing power parity (PPP) is a theory where the exchange rates of the states that lies between the currencies should be in equilibrium
Also their purchasing power should be similar in each and every of the two countries
So as per the purchasing power parity when the inflation rate of domestic one should be less as compared to the foreign country so the domestic currency should be stronger as compared to the foreign country