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3 years ago

For much of the first half of the twentieth century, managers viewed work specialization as ________.

1 answer:

4 0

For much of the first half of the twentieth century, managers viewed work specialization as an unending source of increased productivity.
Since specialization was fairly new in the twentieth century, when employees were given special tasks to complete for work versus doing a little bit of everything, they noticed their productivity levels increasing. When people are able to focus on one thing they are really good at instead of a lot of things they are decent at the rate of productivity increases.

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A company ages its accounts receivables to determine its end of period adjustment for bad debts. At the end of the current year,

Sophie [7]

Answer:

The appropriate answer is "$22,305".

Explanation:

The given values are:

Estimated uncollectible,

= $22,750

Credit balance in allowance,

= $445

Now,

The bad debt expense will be:

= $Estimated \ uncollectible-Credit \ balance \ in \ allowance$

By substituting the values, we get

= $22750-445$

= $22305$ ($)

5 0

2 years ago

Harrison Company maintains a checking account at the First National City Bank. The bank provides a bank statement along with can

oksano4ka [1.4K]

Answer:

Harrison company

Step 1.

Preparation of adjusted Cash Book

Balance as at July 31, 2016 = $40,293

Add: bal. of Deposit by credit customer = ($3,100 - $310) = $2,790

Deduct: Bank Service charge = -$30

Deduct: NSF checks = -$1,750

Deduct: loan repayment plus interest = -$3,870

Adjusted Balance =$37,433

Step 2. Bank reconciliation statement

As at 31st July 2016

Balance as per Bank Statement = $38,293

Deduct: uncleared Cheques = -$8,530

Add: Deposits outstanding = $7,400

Add: over disbursement by bank due for recovery = $270

Adjusted Bank Statement = $37,433

Compared to Adjusted Cash Book = $37,433

Difference = $0.

Step 3.

Journal entries required

Debit Cash Account with $2,790

Credit Account Receivables with $2,790

(Under recorded Customer deposit on sales)

Debit NSF expense = $1,750

Debit Loan Account with $2,900

Debit interest on Loan Account with $970

Debit Bank Charges expense a account with $30

Credit Cash Account with $5,650

(Direct debits to bank account on sundry transactions)

Explanation:

A bank reconciliation statement is presented to reconcile a 3rd party (Bank) statement of our Account and the Account maintained by the business in house.

The objective of the Bank reconciliation statement includes:

1. Identify the missing entries in either records

2. Flag the corrections the Bank needs to do to bring our balance to a correct state

3. Pass Journals to capture entries we have missed out or captured incorrectly

4. Identify unassigned entries for investigation

5 0

2 years ago

The variance analysis cycle ______. Multiple choice question. begins with the preparation of the budget includes the investigati

Ludmilka [50]

The variance analysis cycle C. begins with the preparation of performance reports.

<h3>What is a performance report?</h3>

A performance report is at the heart of the variance analysis cycle.

The performance report details the following:

Calculates the difference between actual and budgeted expenditure and revenue.
Analyzes the differences into various variances, determining if they are favorable or unfavorable or have no effects.
Investigates the reasons for the differences.
Puts the information together and reports to management.

Thus, the variance analysis cycle C. begins with the preparation of performance reports.

Learn more about performance reports and variances at brainly.com/question/13287252

4 0

2 years ago

All of the accounts of the Grass is Greener Company have been adjusted as of December 31, 2016, with the exception of income tax

yulyashka [42]

Answer:

The income before tax is $370450, the income tax is $111135 and the net income is $259315.

Explanation:

As the data table is not visible,online a similar question is found for which the data is attached here with.

From the given data

Service Revenue=$943,000

Interest Revenue=$127,1000

Total Revenue=Service Revenue+Interest Revenue=$1070100

Now The expenses are given as

Supplies Expense=$349,200

Repairs and Maintenance Expense =$258,300

Depreciation Expense=$60,350

Rent Expense=$ 31,800

Total Expense=Supplies Expense+Repairs and Maintenance Expense+Depreciation Expense+Rent Expense=$699650

So the income before tax is given as

Income=Total Revenue-Total Expense

Income=$1070100-$699650

Income=$370450

So the income before tax is $370450.

Now the tax is estimated at 30% as given tax rate as

Tax=Rate*Income

Tax=30%*$370450

Tax=$111135

So the income tax is $111135.

Now the Net income is given as

Net Income=Income-Tax

Net Income=$370450-$111135

Net Income=$259315

So the Net Income is $259315.

8 0

3 years ago

A limited partnership

LenKa [72]

Is that the question or what i need info.XD

4 0

3 years ago

For much of the first half of the twentieth​ century, managers viewed work specialization as​ ________.

For much of the first half of the twentieth century, managers viewed work specialization as ________.