I guess the correct answer is has the comparative advantage in cooking.
Roommates Sarah and Zoe are hosting a Halloween party and have to make food for their guests and costumes for themselves. To finish both tasks as quickly as possible, Sarah and Zoe know that each of them should focus on just one task, but they don't know who should do what. To decide which roommate should do the cooking, Sarah and Zoe should determine which roommate has the comparative advantage in cooking.
Answer:
"B"
Explanation:
This is the first stage of initiating a legal action. The plaintiff initiates a service of process by providing a notice supported by of legal action supported by court documents to the defendant and also give some time to respond to the summon order.
If the defendant refuses to honor the invitation , he is found at default and the court can proceed to award reliefs to the plaintiff.
Answer:
A. Dr Bad Debt Expense$5,350
Cr Allowance for Doubtful account$5,350
B. Dr Bad Debt Expense $2,800
Cr Allowance for Doubtful account$2,800
Explanation:
Preparation of the journal entry for the estimated bad debts
A. Based on the information given the Journal entry for estimated bad debts assuming that the allowance is to provide for doubtful accounts will be:
Dr Bad Debt Expense$5,350
Cr Allowance for Doubtful account$5,350
[(4%*90,000)-1,750]
B. Based on the information given the Journal entry for estimated bad debts assuming that the allowance is to provide for doubtful accounts will be:
Dr Bad Debt Expense $2,800
Cr Allowance for Doubtful account$2,800
[(5%*90,000)-1,700]
Answer:
No
Explanation:
A licensing agreement is a partnership between an intellectual property rights owner (licensor) and another who is authorized to use such rights (licensee) in exchange for an agreed payment (fee or royalty).
Molly cannot simply pick up where she left off because two years after the license expires, all license rights lapse. Molly must re-qualify through the examination process before being licensed in real estate once again.
Answer:
Dr Salaries Payable $3000
Dr Salaries Expense $3600
Cr Cash $6600
Explanation:
Preparation of the entries to record the $6600 payment of salaries in January of the following year.
Based on the information given Appropriate journal entries to record the $6600 payment of salaries in January of the following year will be:
Dr Salaries Payable $3000
Dr Salaries Expense $3600
($6600-$3000)
Cr Cash $6600
(To record payment of salaries)