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3 years ago

7

Apple has combined some of its tangible resources (such as financial resources and research laboratories) and intangible resourc

es (such as scientists, engineers, and organizational routines) to create a capability in r&d which creates a core competence in innovation.

1 answer:

Roman55 [17]3 years ago

6 0

The answer is Samsung is Superior

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Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate the adjusted bal

11111nata11111 [884]

Answer:

T-Accounts:

a) Accrual:

Depreciation Expense - Equipment

Account Title Debit Credit

Accumulated

Depreciation $1,800

Accumulated Depreciation - Equipment

Account Title Debit Credit

Unadjusted balance $5,000

Depreciation 1,800

Bal $6,800

b) Prepaid:

Office Supplies Expense

Account Title Debit Credit

Office Supplies $8,900

Office Supplies

Account Title Debit Credit

Unadjusted balance $9,200

Office supplies expense $8,900

Bal. $300

c) Deferral:

Service Revenue

Account Title Debit Credit

Unadjusted balance $11,300

Unearned Revenue

Account Title Debit Credit

Balance $11,800

Explanation:

Deferral of revenue, prepayment of expenses, and accrual of expenses and revenue are required under the accrual basis of accounting. The accrual basis is supported by the accrual concept which requires that revenue and expenses are accounted or recognized in the period that they relate to and not when the cash is received or paid.

4 0

3 years ago

The two viking spacecraft did not find convincing evidence of life on mars, nor did the phoenix lander. do these results imply t

belka [17]

They don't. Water was found and there are actually implications that if it doesn't exist nowadays, it might have historically existed long before there was even life on earth. There are theories that there was life on Mars millions of years ago way before earth had life.

5 0

3 years ago

What is the present value of $12,350 to be received 4 years from today if the discount rate is 5 percent?

Readme [11.4K]

Answer:

The correct answer is $10,160.38

Explanation:

According to the scenario, the given data are as follows:

Future value = $12,350

Number of years (n) = 4 years

Discount rate (r) = 5%

Hence, Present value can be calculated by following formula:

Future value = Present value $( 1 + r )^{n}$

$12,350 = Present value $( 1 + 0.05 )^{4}$

Present value = $\frac{$12,350}{1.05^{4} }$

Present value = $10,160.38

Hence, the correct answer is $10.160.38

5 0

3 years ago

Expenses that support the overall operations of a business and include the expenses relating to accounting, human resource manag

Lubov Fominskaja [6]

Answer:

the correct option is D) General and administrative expenses.

Explanation:

Expenses that support the overall operations of a business and include the expenses relating to accounting, human resource management, and financial management are called General and administrative expenses.

Additional examples of expenses in this category include rent, advertising, marketing, litigation, travel, meals, management salaries and bonuses.

7 0

3 years ago

Under what section of the Statement of Cash Flows would you classify the purchase of equipment by issuing a long-term note payab

denpristay [2]

Answer:

The correct option is d. Non cash activity

Explanation:

Operating Activity: The operating activity is that activity which records any changes ion the working capital or we can say increase or decrease in the currents assets and current liabilities.

Investing Activity: The investing activity records all those transactions which are related to the purchase and sale of fixed assets

Financing activity: It records those transactions which is for the long term i.e issue of shares, the redemption of debentures, etc.

All these three activities are term as cash activities because it includes cash transactions.

So, in the given question it is mentioned that the purchase of equipment by issuing a long-term note payable which is a non-cash activity because it does not have any cash transaction. It does not affect the cash balance.

Thus, under non-cash activity, we classify the purchase of equipment by issuing a long-term note payable

Hence, the correct option is d. Non-cash activity

7 0

4 years ago