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3 years ago

( missing a word ) When individuals are looking for jobs but are unable to find work, they are said to be______.

Business

2 answers:

ipn [44]3 years ago

7 0

This term is called unemployment.

pentagon [3]3 years ago

4 0

When individuals can not find work they are said to be Unemployed

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Alpha Company purchased, on account, 3,500 pounds of raw materials at $9 per pound on January 2, 2017. The production manager re

yaroslaw [1]

Answer:

January 2, 2017

Raw Materials $31,500 (debit)

Trade Payable $31,500 (credit)

January 15, 2017

Work In Process $22,500 (debit)

Raw Materials $22,500 (credit)

Explanation:

January 2, 2017

Raw Materials $31,500 (debit)

Trade Payable $31,500 (credit)

3,500 pounds × $9 per pound = $31,500

Recognise the Asset - Raw Materials Inventory and Recognise the Liability - Trade Payable

January 15, 2017

Work In Process $22,500 (debit)

Raw Materials $22,500 (credit)

2,500 pounds × $9 per pound = $22,500

Recognise Cost of Manufacture - Work In Process and De-recognise the Asset - Raw Materials

4 0

3 years ago

Blossom Company has the following transactions related to notes receivable during the last 2 months of 2019. The company does no

Sunny_sXe [5.5K]

Answer:

Nov 1 Notes Receivable-C Bohr 66000 Dr

Cash 66000 Cr

Dec 11 Notes Receivable-KR Pine 5400 Dr

Sales Revenue 5400 Cr

Dec 16 Notes Receivable-A Murdock 7200 Dr

Accounts Receivable 7200 Cr

Dec 31 Interest receivable 598 Dr

Interest Revenue 598 Cr

Explanation:

We need to calculate the interest accrued on all the notes. We will then add the interests on these notes and credit interest revenue by that amount and debit interest receivable.

Interest revenue on Note 1

Interest Revenue = 66000 * 0.05 * 2/12 = $550

Interest revenue on Note 2

Number of days interest is accrued for is 20 days (31-11=20)

Assuming a 360 day year.

Interest revenue = 5400 * 0.07 * 20/360 = $21

Interest revenue on Note 3

No of days interest is accrued for is 15 (31-16 = 15)

Assuming a 360 day year.

Interest revenue = 7200 * 0.09 * 15/360 = $27

Total Interest revenue = 550 + 21 + 27 = $598

5 0

3 years ago

The decision to migrate is:

likoan [24]

Answer: The decision to migrate is an investment decision based on differences in earnings.

Explanation: Migration is the process of individuals moving from an original place to a new location in search of safer place or better income. A migration for better income is an investment decision that if successful would yield an increase in earnings for the individual.

4 0

3 years ago

Given the current context of the pandemic, how would an entrepreneur survive this kind of crises and eventually help the Philipp

OverLord2011 [107]

Answered from a general economic perspective

Explanation:

In a pandemic-afflicted economy, for most entrepreneurs in other to survive such a period, they must accept and "make needed changes to their business operations."

Consider, for example, an entrepreneur in the Philippines involved in the sales of products that usually involved in-person sale transactions. However, due to restrictions on the level of physical activity, such an entrepreneur may need to consider alternative ways to make sale transactions while complying with government restrictions. Like most businesses, the entrepreneur may need to raptly switch to taking orders online. This is just one typical example of how an entrepreneur can survive this kind of crisis.

5 0

3 years ago

On September 1, Kennedy Company loaned $135,000, at 10% annual interest, to a customer. Interest and principal will be collected

wolverine [178]

Answer:

Dec 31 Interest Receivable $4500 Dr

Interest Revenue $4500 Cr

Explanation:

The loan is for one year and the interest rate 10% is annual interest rate. Thus the tota interest revenue on loan for one yar will be,

interest revenue = 135000 * 0.1 = 13500

The adjusting entry is made on 31 december i.e. 4 months after the loan was granted to the customer. So, following the accrual basis, the 4 month's interest relates to this yeaar's period and the interest revenue will be recorded on 31 december along with a debit to interest receivable.

The 4 month's interest revenue = 13500 * 4/12 = 4500

8 0

3 years ago