Answer:
A. Dr Vacation pay Expenses $15,700
Cr Vacation pay payable $15,700
B. Dr Pension Expense $13,440
Cr Cash $13,440
Explanation:
a. Preparation of the journal entry to record the vacation pay
Dr Vacation pay Expenses $15,700
Cr Vacation pay payable $15,700
(Being to record Vacation pay accrued for the period )
b. Preparation of the Journal entry to record pension benefit
Dr Pension Expense $13,440
Cr Cash $13,440
(8%*$168,000)
(Being to record pension Contribution)
Answer:
I dont think so no loooool
Answer:
B. Searching for potential buyers
Explanation:
it's the first step in the sales process, which is to identify potential customers (aka prospects) and to develop a database of likely customers and then systematically communicate with them in hopes of converting them to a current customer
Answer:
c) $18,986
Explanation:
The computation of the payment of principal is shown below:
= Annual payment - (Balance of Principal × interest rate)
= $48,986 - ($250,000 × 12%)
= $48,986 - $30,000
= $18,986
We do not consider the time period. Hence, we ignored it as it is not relevant for the computation part.
We simply multiply the principal balance with the interest rate and then deduct it from the annual payment.
The question is incomplete:
Ask Socrates, Inc., employees are allowed to dress informally. This is an example of a __________ through which organizational culture is transmitted.
A) primary procedure
B) ritual
C) material symbol
D) symbolic act
E) fundamental mechanism
Answer:
C) material symbol
Explanation:
-Primary procedure is a document that indicates employees how to perform a core activity in the business process.
-Ritual refers to a group of acctivities that are performed in a specific way according to an established order.
-Material symbol is a type of non-verbal communication that goes from the employer to the employees that shows the culture of the company.
-Symbolic act is an act that represents an idea without using words.
-Fundamental mechanism refers to a key process that helps people to perform their jobs.
According to this, the answer is that this is an example of a material symbol through which organizational culture is transmitted because a material symbol is a non-verbal form of communication from the employer to the employees and in this case, the company allows employees to dress informally and the organization's culture is communicated through this.
