Answer:
a) Fees earned (or revenues) will be understated. Net income will be understated.
b) Accounts (fees) receivable (or assets) will be understated. Owner’s equity will
be understated.
Explanation:
Adjusting entries refers to the entries that are made at the end of an accounting period in accordance with revenue recognition, principle and expense recognition principle.
All adjusting entries affect at least one income statement account (revenue or expense), and one statement of position account (asset or liability).
Answer:
The life and enterprises of an entrepreneur are risky in the sense that many ventures fail, so he or she needs resources, labor, and capital to ensure that they don't fail.
Explanation:
They took canoes out to get food.
Answer:
Neutral stimulus
Explanation:
The neutral stimulus is a neutral stimulus. The neutral stimulus does not respond to an automatic response. In the classical experiment, there is a neutral stimulus that changes into the conditional response.
For instance when Puja called her friend there was ringing a caller tune that Puja does not like so much but her friend like it when same ring tone play on radio then Puja had not strong reaction about the ring tone but Puja friend like it so much so ring tone is neutral here for Puja because it does not elicit any strong emotions for that ring tone for Puja.
Because god kkkkkkkkkkkkkkkkkkkkkkkkkkkkk
