The adjusting entry would recognise insurance expense of $1,500.
Explanation:
The policy of an insurance company, tax insurance, insurance for business failure, etc. typically lasts a year, with payments charged in full (insurance premiums). Insurance policy is never the same as the financial year of the product. There are also expected to be several consolidated financial statements and some partial financial statements for compensation premiums.
Example of insurance premium payment:
On 31 December, the insurer files an correction report in order to document the expired (extended) cost of insurance and to the the pre-paid number. This is done with an premium fee of $1,000 and a prepayment policy bonus of $1,000.
Answer:
I believe it would be a lot easier to argue organization's ethical responsibility to help employees deal with stress.
<u>Here's some ideas:</u>
<em>INTRO</em>
--> Introduce your topic/argument
(make sure to include a thesis statement!!)
First, show the reader how damaging stress can be to the employee by explaining it's negative impact on the employee's wellbeing:
- Symptoms of stress and ways that it negatively impacts employees specifically.
- Mention how stress reduces productivity and site research about it.
Point out how common stress is within the workplace by using stats or current day examples:
- Statistics about the huge percentage of people who report feeling stressed out from work.
- Use the current day example of how the current pandemic has had a massive impact on the stress especially on healthcare workers.
- Main point: <em>stress is a very common and serious problem among employees</em>.
<em>BODY</em>
Argue how organizations DO have an ethical responsibility to help employees deal with stress:
- Point out how it's a very serious problem.
- Argue that an organization who chooses not to help is a bad organization.
- Show examples in history where organizations did not take good care of their employees.
To further strengthen your argument, mention how beneficial it is for the organization itself to provide resources for employees to help them manage their stress:
- Provide statistics on the usefulness of stress-management programs within the workplaces (example: INCREASES PRODUCTION).
- Argue how happier employees also tend to function better in the workplace because they feel supported.
<em>CONCLUSION</em>
--> Summarize your essay
- Summarize your main points and restate your thesis statement here.
Answer:
b. controlling the money supply.
Explanation:
The main function of the federal reserve is to control the money supply. This is accomplished through expansionary or contractionary monetary policies, in which the Federal Reserve influences the amount of economy in the economy by controlling its supply. An open marketing policy, ie selling and buying securities, for example, is used to control the amount of currency in the economy.
When I am in a conflict that I am not passionate about, it
is seen as gracious to sometimes nothing because it did not hurt me in any way
because first and foremost, it is not my concern to start of. Conflicts maybe
hard but as long as I am not affected, it does not matter.
Answer:
<u>debited</u>
Explanation:
Partnership refers to a mutual agreement wherein two or more individuals agree carry out a business and to share profits and losses in a specified ratio or as per the clauses of the partnership deed.
When partners retire, the balances standing to the credit of their capital accounts needs to be settled or paid off.
As per the given information, Wilma is paid $45000 in cash. The journal entry in this case would be:
Wilma's Capital A/C Dr. $45000
To Cash A/C $45000
For the remaining balance, Wilma shall be paid in cash as follows,
Wilma's Capital A/C Dr. $5000
To Cash A/c $5000
(Being settlement of a retiring partner's capital account being recorded)
