Explanation:
The preparation of the trial balance is presented below:
Cullumber Company
June 30, 2017
Trial Balance
Particulars Debit Credit
Service revenue $7,750
Cash $8,000
Accounts Payable $8,750
Common stock $22,800
Dividend $2,550
Equipment $18,050
Rent expense $2,750
Salaries and wages expense $3,200
Accounts receivable $4,750
Total $39,300 $39,300
Answer:
A. avoids central tendency and biases
Explanation:
Answer:
<em>Battle of the Forms</em>
Explanation:
<em>Two individuals intending to contract, but offering different form contracts, making it difficult to conclude as to the terms of the contract, or to determine whether a contract existed.</em>
In situations in which separate contracts are generally exchanged on offer and acceptance, the court leaves the court to resolve a battle of the contract in the event of a dispute.
Answer: the greater the dampening, or smoothing effect
Explanation:
The smoothing constant determines the level at which a forecast is influenced by previous observations. It simply determine the sensitivity of forecasts with regards to the changes in demand.
It should be noted that large values of α will lead to a scenario whereby forecasts will be more responsive to the more recent levels. On the other hand, the smaller values will result in a damping effect. Therefore, the closer the smoothing constant to α, the greater the dampening, or smoothing effect.
Answer:
Planning budget amount = $3,052.00
Explanation:
<em>The planning budget is als0 known as the </em><em>fixed budge</em><em>t . It is the budget prepared for the original level of activity intended or planned for. As it's name implies, it is used for planning purpose.</em>
For the month of August, the planning budget
= $2060 + ($12 × 86)
= $3,052.00
Planning budget amount = $3,052.00
