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andreev551 [17]
3 years ago
7

Journalize the following transactions into the general journal in accordance with the rules of Journalizing, and the Double-entr

y accounting system.
May24Coleman Company pays dividends of $1,500.
October11Coleman Company pays $1,000 for monthly advertising expenses.
Business
1 answer:
Ludmilka [50]3 years ago
8 0

Answer:

May 24

Dr Retained earnings $1,500

Cr Cash $1,500

Being cash dividend paid to shareholders.

October 11

Dr Advertising Expense $1,000

Cr Cash $1,000

Being cash payment for monthly advertising expenses.

Explanation:

Rules:

Debit side:

Increase in asset

Increase in expense

Decrease in liability

Decrease in equity

Decrease in income or sales

Credit side:

Decrease in asset

Decrease in expense

Increase in liability

Increase in equity

Increase in income or sales

May 24

Dr Retained earnings $1,500

Cr Cash $1,500

Being cash dividend paid to shareholders.

October 11

Dr Advertising Expense $1,000

Cr Cash $1,000

Being cash payment for monthly advertising expenses.

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Peter is writing an e-mail message to his staff that the new computers promised to arrive on Monday will be delayed for two week
djyliett [7]

Answer:

<em>Indirect Pattern</em>

Explanation:

<em>The proof is first provided in the indirect technique, thus contributing to the primary notion of the message. This is an assumption that is empirical.</em>  

If the reader or recipient may be disappointed or resist what you have to say, this strategy is best.  

Sometimes writing with an exceptionally confident attitude can be considered arrogant, particularly if you are a newer member of an organisation or an outsider.  

You might want to use an indirect approach in these kind of cases, or if the receiver is wary or confrontational.

7 0
4 years ago
More than 10,000 people waited in line for more than two hours to see a titan arum (a rare flower) at cambridge botanic garden.
weqwewe [10]

An economist would conclude that when goods are not rationed by monetary price or lottery, other rationing mechanisms like waiting arises.

Here, many people were willing to wait for more than two hours to see the rare flower. The visiting was arranged in such a way that first come, first see. The rareness of the flower made no option but to wait in line to see it.

In an economist's perspective, he will compare the flower to the goods. There is rationing for food through monetary and lottery mechanisms. But if  there were no mechanisms like this, then waiting will be the only way to consume goods. Here, because the flower was rare, it cannot be rationed by price. But we are still able to ration goods by price. If someday, there will be lack of goods, then the only rationing mechanism we could opt will be waiting in lines.

Learn more about rationing mechanisms at brainly.com/question/14938189

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7 0
2 years ago
The monthly bank statement has to be compared with the:
BlackZzzverrR [31]
Checkbook
computer software

4 0
3 years ago
One guide to choosing a leadership approach uses a series of questions. For example, "Is decision quality highly important?" or
Sauron [17]

Answer: Vroom and Yetton's normative decision model.

Explanation:

The Vroom–Yetton normative decision model is a situational leadership theory of industrial and organizational psychology that was developed by Victor Vroom, in collaboration with Phillip Yetton and later with Arthur Jago. The situational theory argues the best style of leadership is contingent to the situation.

Regarding decision making, the Vroom-Yetton model suggests that being autocratic, seeking advice, considering alternative approaches before a decision is made, informing a group on an issue, and letting that group develop the solution without forcing your own ideas are all important at times.

5 0
4 years ago
Patrick, who rear-ended Mary Jane's beloved sports car, is liable to Mary Jane under _____.
KatRina [158]

Answer:

Negligence

Explanation:

The concept of negligence says that there was an acceptable standard of normal behavior (driving safely) and someone's actions were <u>below that standard</u> (did not drive safely).

7 0
3 years ago
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