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nignag [31]
3 years ago
13

Sung owns a dog-walking business that she started in high school. Her first goal was to earn money after school and supplement h

er allowance. Now that she has finished college and maintains a long client list, she's planning on running the business full time. She keeps all the profits and has kept things simple by posting fliers on the bulletin boards at local stores. Sung's business is a(n)______________
Business
1 answer:
UkoKoshka [18]3 years ago
7 0

Answer:

sole proprietorship

Explanation:

A sole proprietorship is a business that is owned and run by one person. The person is responsible for operations and decision-making.

There is no distinction between the business and the individual.

The instance given, the proceeds from Sung's business is used to supplement her allowance .

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XYZ Company received $18,000 on April 1, 2020 for one year's rent in advance and recorded the transaction with a credit to a nom
djverab [1.8K]

Answer:

Dr Rent revenue

Cr Unearned rent revenue, $4,500

Explanation:

Preparation of XYZ Company Journal entry

Since we were told that the Company received the amount of $18,000 on April 1, 2020 for a one year's rent paid in advance in which the transaction has a credit to a nominal account, this means we have to record the transaction by Debiting Rent revenue with 4,500 and Crediting Unearned rent revenue, with the same amount of $4,500 calculated as

(3/12 x $18,000 ).

Dr Rent revenue

Cr Unearned rent revenue, $4,500

(3/12 x $18,000 )

7 0
3 years ago
You have been working nights and weekends to get a project completed at work. You are successful, and a couple of weeks later yo
slega [8]

This BEST illustrates the value of Positive reinforcement.

<h3><u>Explanation:</u></h3>

When a person is rewarded something for doing certain tasks it refers to Positive reinforcement. This is given because for rewards that person will be doing these actions. The rewards that are given for their actions acts as a a reinforcing stimulus. For instance consider that a dad gives his daughter some gifts for doing some actions or for good deeds.  

In the given example, the project that has been completed by you by working day and nights and you receive a bonus cheque from your boss after two weeks. This acts as a reward for your work and motivates you to further work happily. This bets illustrates the value of Positive reinforcement.

5 0
3 years ago
In 2007, the fdicâs insurance limit was $100,000 per person per bank. at that time, if kit had three separate $50,000 cds at ban
LenKa [72]
The answer is B. $280,000
3 0
3 years ago
Read 2 more answers
You have just been instructed to develop a schedule for introducing a new product into the marketplace. Below are the elements t
Charra [1.4K]

Answer:

Attached below is the arrangement of these elements with additional topics  and arrow diagram

Explanation:

The given Elements are :  Production layout , market testing , Review plant cost, select distributors, Analyze selling cost, Analyse customer reactions, storage and shipping cost, select salespeople, training sales people, trained distributors. including additional topics as well

7 0
2 years ago
Sara and Terry agree while talking on the phone to form a partnership to enter into the business of real property management. To
tankabanditka [31]

To be enforceable under the Statute of Frauds, their agreement must  be in writing.

<h3>What Is the Statute of Frauds?</h3>
  • The statute of frauds (SOF) is a legal principle that mandates the execution of certain types of contracts in writing.
  • The Act applies to land contracts, agreements involving commodities valued more than $500, and contracts lasting one year or longer.
  • The statute of frauds was largely established in the United States as a common law concept—that is, unwritten legislation.
  • However, in many jurisdictions, such as most states, it has now been established by legislation.
  • The defendant may invoke the statute of frauds as a defense in a breach of contract lawsuit when it applies.
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To learn more about statute of frauds from the given link

brainly.com/question/14854791

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3 0
1 year ago
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