Answer:
A. Karen understans and appreciates religious beliefs of other cultures
Explanation:
Religious belief is part of the cultural elements.
Comprehending and valuing the religious beliefs of other cultures will enable one work effectively with such diverse group of cultures
Answer and Explanation:
The transactions 3 6 and 8 represents that the expenses are incurred which results in increased and expenses and the transaction 4 and 5 shows that there is an increased in revenue
The journal entry is shown below:
For transaction 3
Rent expense
To Cash
(Being the rent expense is paid for cash is recorded)
As the expense has debit balance so it would be increased
For transaction 6
Electricity expenses Dr
To Cash
(Being the energy usage is paid for cash is recorded)
As the expense has debit balance so it would be increased
For transaction 8
Advertising expense Dr
To Account payable
(Being the advertising expense is recorded)
As the expense has debit balance so it would be increased
For transaction 4
Account receivable Dr
To Service revenue
(Being the service is provided)
As the revenue has credit balance so it would be increased
For transaction 5
Cash Dr
To Service revenue
(Being the service provided is recorded)
As the revenue has credit balance so it would be increased
The attachment is provided for better understanding
The other transactions represent the assets, liabilities and stockholder equity
Answer: See explanation below for answer. The options are:
A. $13,000
B. $ 5,000
C. $18,000
D. $14,000
Explanation:
A taxpayer can deduct the medical expenses that have been paid for a child at the time of adoption if the child should qualify as the dependent of the taxpayer when the medical expenses were paid.
In addition, should a taxpayer pay an adoption agency for the medical expenses that the adoption agency has already paid, then the taxpayer is treated as though he/she has already paid those expenses.
In the scenario given above, Mr. and Mrs. Sloan can deduct the child's medical expenses of $5,000 that they have paid.
But on the other hand, the legal expenses of $9,000 and agency fee of $4,000 that were incurred in during the adoption process will be treated as nondeductible personal expenses.
However, Mr. and Mrs. Sloan will be able to claim a nonrefundable tax credit amounting up to $13,570 for these qualified adoption expenses.
Answer:
The correct answer is letter "D": B will decrease and the demand for C will increase.
Explanation:
Substitute goods are those whose quantity demanded are inversely proportional. It implies if the quantity demand for one product increases, the quantity demanded for its substitutes will decrease and vice versa.
Complementary goods' quantities demanded have a directly proportional direction. Thus, if the quantity demanded for one product increases, the quantity demanded for its complementary goods increase as well.
So, <em>the cost of producing good A will bring its prices down causing the quantity demanded for A to increase -demand law. Substitute good B will see its quantity demanded dwindled while complementary good C will see its quantity demanded increased.</em>
Answer:
The additional paid-in capital will increase by $850,000
Explanation:
Additional paid up capital: It is that paid up capital which is excess of par value. It is mentioned in the balance sheet when new shares is issued.
The computation of additional paid up capital are shown below:
= Difference of per share price × Number of shares
where,
difference = $22 - $5 = $17
So, the value equals to
= $17 × 50,000
= $850,000
So, the additional paid-in capital will increase by $850,000
