Answer:
$115.38
Explanation:
Since Nancy only has to pay 20% of her health insurance premium, her total biweekly deduction = $3,000 / 26 weeks = $115.38
Generally health insurance premiums are paid on a monthly basis, but lately some health care providers are starting to take quarterly, semiannual and even annual payments. The thing is that you always pay in advance, so generally people choose to pay it with their paychecks. It makes sense, since unless you earn a lot of money, a $3,000 payment would represent a large portion of your salary.
False, credit score does affect insurance but just because someone has bad credit doesn’t mean they get lower insurance rates
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This is an example of Bandura's theory of "reciprocal determinism".
As indicated by analyst Albert Bandura, reciprocal determinism is a model made out of three factors that impact conduct: the environment, the individual, and the behavior itself. As per this theory, a person's conduct impacts and is affected by both the social world and individual qualities.
Reciprocal determinism is the possibility that conduct is controlled or dictated by the person, through psychological procedures, and by nature, through outside social upgrade occasions.
Answer:
A.31-Jan
Dr Product Warranty Expense $30,825
Cr Product Warranty Payable $30,825
B. 15-Aug
Dr Product Warranty Payable $513
Cr Supplies $391
Cr Wages Payable $122
Explanation:
a. Preparation of the journal entry for the estimated warranty expense on January 31 for January sales Jan. 31
31-Jan
Dr Product Warranty Expense $30,825
(411,000*7.5%)
Cr Product Warranty Payable $30,825
b. Preparation of the journal entry for the August 15 warranty work
15-Aug
Dr Product Warranty Payable $513
($391+$122)
Cr Supplies $391
Cr Wages Payable $122
