Answer:
D) Debit income summary 187000, credit revenues 187000
Explanation:
When dividend is declared, following journal entry is passed
Retained Earnings Dr.
To Dividend Payable
(Being declared dividend recorded)
When dividends are actually paid, the journal entry is
Dividend Payable A/C Dr.
To Cash A/C
(Being dividend paid recorded)
Income summary account is prepared as a temporary account while income statement represents permanent account.
Income summary shows net income balance i.e Revenue less expenses.
As per the given information in the question, debiting income summary account with total revenues of $187000 would be wrong.
Lexie's interviews are not as effective because she does not care about the professional training of the people she will hire, which can have serious consequences on the operation of the company. On the other hand, the referral system would also hinder the operation of the company because the skills or abilities of the employees are not verified.
When we do a recruitment process, we must have several aspects in common to hire or dismiss a job applicant. Among the aspects that must be taken into account are:
- Work experience.
- Vocational training.
- Other experiences.
Following the foregoing, the person in charge of the selection process must objectively select the candidate who best fits a job based on her experience or professional training.
According to the above, Lexie is limiting her liability because she only looks at aspects of the applicants' personal lives without evaluating their ability to perform a job. Additionally, you should carry out some tests on the applicants to verify their work capabilities.
On the other hand, in the referral system, she has several limitations because she accepts the criteria of another individual or organization to hire a person without herself evaluating him to fit the job that she requires.
Learn more about teamwork in: brainly.com/question/18869410
Answer:
c. borrowing on its line of credit.
Explanation:
Line of credit denoted as LOC is a form of borrowing which is known to be a flexible form of taking loans. In this borrowing platform, one can borrow a certain amount of money and still borrow more even without paying the initial dept, this primarily makes it flexible. In giving this loans their a certain factors that aid qualify one in getting access to this loan, and this includes the individual credit score and good usage of his/her online purchasing medium without faulting or breaking codes of conducts.
Answer:
<u>Occupational licences</u> are issued by government agencies
Explanation:
Occupational licensing, a type of government regulation, which requires a valid license to practice a particular profession. It is a proof that an individual has successfully completed a course or passed a test and is eligible to pursue an occupation.
Such a license is issued by a government agency. It is a necessity for practicing certain professions that have a large effect on the citizens. Examples of such professions are doctors, engineers, lawyers etc.
