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kiruha [24]
3 years ago
8

EA13.

Business
1 answer:
navik [9.2K]3 years ago
6 0

Answer:

Journal entries for the  

Completion of Job 113

Debit Finished Good/Inventory Account     $ 5000

Credit WIP JOB 113 Account                         $ 5000

(In words we will debit finished good account by shifting work in process related to the job 113 in it)

Journal entries for the  

Completion and sale of Job 85

Debit Finished Good/Inventory Account     $ 3000

Credit WIP JOB 113 Account                         $ 3000

For sales following two entries will be passed.

Debit Cost of Good Sold Account                    $ 3000

Credit Finished Good/Inventory Account        $ 3000

Debit Cash (or Receivable if credit sale)          $ 4500

Credit Sales Account                                         $ 4500

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Economic agents who borrow funds are known as debtors ​, the funds that they borrow are referred to as credit ​, and this activi
Alja [10]

Answer: Loan-able funds market

Explanation:  

 The loan-able funds market is one of the type of economics based market that helps in determining the various types of supply an the demand loan- able funds in the market.

The borrowing an the crediting are the process that comes under the loan-able funds market activities. In this process, the people are borrowing the funds for the investment purpose instead of using in the personal consumption.  

 Therefore, Loan-able funds market is the correct answer.  

7 0
3 years ago
Norbert Inc. delivered goods and services during December. Payment is expected during the first week of January. The related adj
Vsevolod [243]

Answer:

The correct word for the blank spaces are: asset; revenue.

Explanation:

By delivering goods expecting payment at a later date, Norbert Inc. is increasing its <em>accounts receivable</em>. This type of profit takes place when goods or services are provided in credit and the payment is set in the future. In the example, according to the Generally Accepted Accounting Principles (GAAP), the <em>accounts receivable must be debited to an asset account and credited to a revenue account</em>.

8 0
3 years ago
As shift supervisor, Cassandra developed the schedule for the day, indicating which of her staff would be doing which job. The s
IrinaVladis [17]

The staff follows this schedule because of Cassandra's legitimate power.

  • As a result, the organization as a whole and the followers' attitudes change for the better.
  • The four I's, often known as the four distinguishing behaviors of transformational leaders, are typically displayed.
  • Inspirational motivation, idealized influence, intellectual stimulation, and individualized consideration are examples of these activities.
  • Personalized power, or power oriented at assisting oneself, can be used to advance one's own selfish goals rather than those of others or the organization.
  • This type of power can give the word "power" a negative reputation.
<h3>Which of the following are considered soft influence tactics?</h3>
  • Personal appeal, consultation, inspirational appeal, ingratiation, and reasonable persuasion are examples of soft methods.
  • Compared to strong methods, soft techniques provide the person being persuaded greater freedom in determining whether or not to accept the influence.

Learn more about legitimate power

brainly.com/question/4584133

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4 0
1 year ago
A registered representative ("rr") is an MFP of a municipal securities firm that is an underwriter for that municipal issuer. Th
swat32

Answer:

The $300 of out of pocket expense exceeds the MSRB political contribution limit and will result in the municipal securities firm being banned as an underwriter for that issuer for 2 years.

Explanation:

The municipal securities firm is is underwriter for municipal issuer. The volunteers have paid $300 out of pocket but they are not entitled to make contribution to the campaign. This will result the firm being banned for two years as an underwriter for the issuer.

5 0
3 years ago
A standard "money demand" function used by macroeconomists has the form ln( ) = + ln( ) + m β , 0 β1 GDP β2R Where m is the quan
kvasek [131]

Answer:

1.The money demand will rise by 1.154%

2. The money demanded will fall and for a 1% increase in interest , the money demanded will fall by 0.38%

Explanation:

1. Money demand function

ln(m) = β0 +β1 ln(GDP)+β2R

Suppose β1 = 1.5 , β2 = −0.04 , GDP = $ 100 & R = 3%

ln(m) = 1.5 ln ($100) - 0.04 X 0.03

ln(m) = 6.91

m = 1002.247

Suppose the GDP increases by 1%; the new GDP will be = $ 101  

ln(m) = 1.5 ln ($101) - 0.04 X 0.03

ln(m) = 6.92

m = 1013.81

If the GDP increases by 1% ,the money demand will rise by 1.154%

2.

If the interest rate increases from 3% to 4%

ln(m) = 1.5 ln ($100) - 0.04 X 0.04  

ln(m) = 6.906155

m = $ 998.400

If the interest rate rises from 3% to 4% , the money demanded will fall and for a 1% increase in interest , the money demanded will fall by 0.38%

3 0
3 years ago
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