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Kisachek [45]
3 years ago
13

Home Accessories’ bank statement showed a $120 NSF check. Which of the following shows how recognizing this check will affect Ho

me Accessories’ financial statements? Balance sheetIncome StatementStatement ofCash Flows Assets= Cash+Acc.Rec=Liab.+EquityRev.−Exp.=Net Inc.A.(120)+120=NA+NANA-NA=NA(120) OAB.(120)+NA=NA+(120)NA-120=(120)(120) OAC.NA+120=NA+120120-NA=120NAD.(120)+120=NA+NANA-NA=NA(120) IA
Business
1 answer:
Shtirlitz [24]3 years ago
7 0

Answer:

Option A is the correct option.

Explanation:

As the options are not readable correctly, the options are listed as below

Balance sheet    Income Statement    Statement of   Cash Flows

Assets =Cash + Acc.Rec = Liab. + Equity Rev. − Exp. = Net Inc.

A. (120) + 120 = NA + NA NA - NA = NA (120) OA

B. (120) + NA = NA + (120) NA - 120 = (120) (120) OA

C. NA + 120 = NA + 120 120 - NA = 120 NA

D. (120) + 120 = NA + NA NA - NA = NA (120) IA

Option A is correct option as the cash is debited and the account received is credited. There is no liability, Equity Rev and Expense so the net income is 120.

In this context the option A is the only correct option.

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FrozenT [24]

There has been a study that has conducted of hazing should be a part or not in organizations with the greek students. Almost all of the people that have surveyed and participated had agreed to have hazing as not a part of the organizations which led to a result of 79.4%, while the remaining 12.8% has agreed that hazing is an essential part of the organization.

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3 years ago
Johanna Murray, a climate campaigner at The National Footprint Foundation, is known in her organization to be a campaigner of ca
Romashka-Z-Leto [24]

Answer:

A. Johanna was moved by the arguments put forth by the first speaker.

Explanation:

We start by first explaining the meaning of the concept anchoring bias. This would help us to pick the best answer for this question.

Anchoring bias can be described as a bias that exists when a person is heavily dependent on the first information they get or are offered.  Once the person sets this anchor, all the judgments that they make tends to be anchored around this information.

so from these options in this question , the one that substantiates on what an anchoring bias is option A.

Johanna was moved by the arguments put forth by the first speaker.

6 0
3 years ago
Identify the type of writing/Essay.
Dimas [21]

was a sudden hush among the people in the crowd on top of Mount Sinai. Following their gaze, I saw a thin red sliver sitting on top of bands of silver-gray clouds, suspended over the desert wilderness. As I continued to watch, the Red Crescent becomes larger, filling out into a semicircle and spilling its pigment onto the clouds and the bleak desert hills. Answer;

12. People often refer to Africa as the Dark Continent, meaning that Africans were uncivilized, unsophisticated, and ignorant people. West Africa, East Africa, and ancient Zimbabwe are examples that refute this stereotype. The Dark Continent would not be an accurate label for Ancient Africa. Answer;

13. The Taj Mehal complex includes a main gateway, a garden with pools of water, a red sandstone mosque, and an identical building called “Jawab” shah Jahan wanted to build the second mausoleum across the river, as grandiose as the Taj Mehal, to have his own remains buried there. He also wanted the two mausoleums to be connected with bridges. But unfortunately, these plans remained on paper.

Explanation:

Identify the type of writing/Essay.

11. There was a sudden hush among the people in the crowd on top of Mount Sinai. Following their gaze, I saw a thin red sliver sitting on top of bands of silver-gray clouds, suspended over the desert wilderness. As I continued to watch, the Red Crescent becomes larger, filling out into a semicircle and spilling its pigment onto the clouds and the bleak desert hills. Answer;

12. People often refer to Africa as the Dark Continent, meaning that Africans were uncivilized, unsophisticated, and ignorant people. West Africa, East Africa, and ancient Zimbabwe are examples that refute this stereotype. The Dark Continent would not be an accurate label for Ancient Africa. Answer;

13. The Taj Mehal complex includes a main gateway, a garden with pools of water, a red sandstone mosque, and an identical building called “Jawab” shah Jahan wanted to build the second mausoleum across the river, as grandiose as the Taj Mehal, to have his own remains buried there. He also wanted the two mausoleums to be connected with bridges. But unfortunately, these plans remained on paper.

7 0
3 years ago
Fellingham Corporation purchased equipment on January 1, 2019, for $400,000. The company estimated the equipment would have a us
lesya [120]

Answer:

Answer not in the given option, please recheck for error.

depreciation in 2021 would be= $82,000

Explanation:

Depreciation  incurrred in 2019:

Using straight line depreciation = original cost - salvage value / useful life

=(400,000-40,000)/10

=$36,000

The depreciation from January 1, 2019 to December 31st 2020 = 2 years

therefore depreciation  for the two years = $36,000 x 2 = $72,000

Book value recorded early 2021= Original cost - the A ccumulated Deprecaition

= 400,000- 72,000= $328,000

But Remaining useful life =4 years with no salvge value

Therefore depreciation in 2021 would be  = Cost - salvage value / useful life

($328,000 - 0)/4

= $82,000

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4 years ago
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Marina CMI [18]

Answer: Longer-term project

Explanation:

At the beginning of a project, it may not be possible to estimate the costs for all activities with some levels of confidence regarding their accuracy if the project isn't a short-term project, because it's not really possible to accurately fortell the costs of unforseeable outcomes and factors that may affect the project in one way or the other in the long run.

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