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3 years ago

Human resources are a company's most important resources because?

1 answer:

4 0

HR is more than someone who takes your new hire paperwork or files the benefit forms. The role of HR in a company affects all aspects of the organization. ...Because HR supports employees and employees are your most important resource,

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Utopia Corporation provides $6,000 worth of lawn care on account during the month. Experience suggests that about 3% of net cred

Rasek [7]

Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

Bad debt expense Dr, $180

To Accounts receivable $180

(Being bad debt expenses is recorded)

Working Note:-

Bad debt expense = $6,000 × 3% = $180 is estimated

Therefore for recording the bad debt expenses we debited bad debt and credited accounts receivable.

8 0

3 years ago

Wilson has a 40 percent interest in the assets and income of the CC&W Partnership, and the basis in his partnership interest

Anon25 [30]

Answer and Explanation:

a. A partner can report his share of the loss of partnership on his personal income tax return to the base limit during his or her partnership interest.

Its partnership interest is based on $45,000 and its share of loss of the partnership is $24,000

So W can report all of the $24,000 partnership loss on his personal income tax return.

b. W's partnership loss reported on his income tax return, and the cash distributed by the partnership to him will reduce his partnership interest base.

Now,

W's basis in his partnership interest at the end of 2014 is

= W's basis in his partnership interest - Partnership loss reported by W on his income tax return - Cash distributed to W by the partnership

= $45,000 - $24,000 - $12,000

= $9,000

8 0

4 years ago

In a(n) ________, an individual or firm contracts with a parent company to set up a business or retail outlet.

strojnjashka [21]

There are different kinds of businesses. In a franchise system. an individual or firm contracts with a parent company to set up a business or retail outlet.

Franchising is simply known to be a type of contractual system. It is often used to commercialize products, services or technology.

There are five major types of franchises. They are: job franchise, product franchise, business format franchise, investment franchise and conversion franchise.

A franchise (or franchising) is simply known as a process of sharing products or services involving a franchisor, who establishes the trademark of the brand of a business system, and a franchisee, who is responsible for paying a royalty under the franchisor's name and system.

Learn more about Franchise from

brainly.com/question/12879015

5 0

2 years ago

Noura Company offers an annual bonus to employees (to be shared equally) if the company meets certain net income goals. Prepare

Gnoma [55]

Answer:

Dr. Cr.

Employees Bonus Expense $15,000

Bonus Payable $15,000

Explanation:

Bonus is paid to employee on a decided amount or decided percentage or ratio. It is an expense for the organization and it should be recorded in the relevant period as per accrual concept even it is not paid. The Entry will be made as Bonus expense is debited and Bonus payable is credit because at the end of year it is unpaid.

4 0

3 years ago

The ending inventory of finished goods has a total cost of $11,600 and consists of 600 units. If the overhead applied to these g

Lunna [17]

Answer:

the Direct Labor Costs are $5500

And Direct Materials are 2,250

Explanation:

Finished Goods has a total cost of $11,600

If the overhead applied to these goods is $3,850

Then the Direct Labor Costs are $5500

And Direct Materials are 2,250

Using the cross product rule

$3850 : 70

x : 100

x= $3850*100/70= $ 5500 are Direct LAbor Costs

Direct Materials= Finished Goods - overhead applied -Direct Labor Costs

Direct Materials =$11,600- $3,850- $5500

And Direct Materials are = $2,250

5 0

3 years ago