Answer:
The correct answer is C
Explanation:
Economies is the study of how the society uses the resources which are limited and it deals with the consumption, production as well as distribution of the goods and services.
And under the economics the cost of something like or product is defined as what the person give up in order to get something.
For example, a person wants to purchase to product, he needs to give up the money against it in order to have the product or item with him.
Answer:
Debit interest receivable $1,500
Credit interest revenue $1,500
Explanation:
Adjust entries are used in accounting to record accrued revenue or expense at the end of an accounting period.
On March 1, 2021, Bearcat lends an employee $20,000. The employee signs a note requiring principal and interest at 9% to be paid on February 28, 2022.
We are to calculate the adjustment at December 31, 2021.
We need to calculate interest accrued at year end. The loan would have stayed for 10 months.
Interest= principal* rate* time
Interest= 20,000* 0.09* (10/12)
Interest = $1,500
So we will debit interest receivable for $1,500 and credit interest revenue.
Answer:
Option D All of the above statements are correct.
Explanation:
The solution of the issue is software integration and making flow of information on timely basis across the company. The recommended solutions given in the question are correct because:
- Establishing a lockbox arrangement is similar to having a single company bank account. This means that the company will have a confirmation from the bank that the payment is received by the bank from customers.
- The remittance advice sent with payment helps to solve the misunderstanding, assist in recording transaction to keep the system updated and provides resistance to fraudulent practice.
- The mailroom personnel who require mailing of trade receivable balance which the customers owe to company and trade payable balance which the company owes to suppliers. This avoids the company paying illegitimate amounts and receiving the amounts which the customers actually should pay to the company.
So all of the statements are correct.
- Cycle, quarterly, and weekly calendars are the several types of PMS schedules.
- The Cycle PMS Schedule shows the Maintenance Requirements (MRs) that are anticipated to be completed over an extended period of time within the ship's maintenance life cycle.
- The pound sign symbol ("#") denotes required related maintenance checks that must be conducted within the quarter.
- The mark used to denote the end of an MR is the letter "X."
- A circled "O" on a Sked requirement denotes a requirement that was either not completed at all or just partially completed after the relevant MRC.
- Each 13-week column has black markings at the top to denote underway periods.
- Rescheduled MRS is indicated by the O-with-arrow on the schedule mean.
What are the two scheduling techniques for preventive maintenance?
Fixed PMs and floating PMs are two different scheduling techniques for preventive maintenance. Tracking assets and determining when they require inspection, maintenance, calibration, or replacement can be done using either method.
What are the strategies of preventive maintenance scheduling?
These two PM scheduling techniques enable maintenance facilities to precisely identify maintenance triggers, properly maintain assets and effectively utilize maintenance resources. As a result, facilities experience less downtime and improve asset performance for longer.
Learn more about Preventive maintenance: brainly.com/question/14970029
#SPJ4
