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3 years ago

It is possible to have multiple jobs within an occupation. Please select the best answer from the choices provided T F

1 answer:

8 0

True. It is possible to have multiple jobs within an occupation.

This is very relevant to service providers like accountants, lawyers, etc.

They work for or are hired by different individuals and they offer the same services to these clients.

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Ten years ago, Cary Company issued $1,500,000 of 7 percent, 10-year bonds at a price of 95. On the maturity date of January 2, a

arsen [322]

Answer:

Explanation:

The journal entry is presented below:

On January 2

Bond payable A/c Dr $1,500,000

To Cash A/c $1,500,000

(Being the redemption of the bonds is recorded)

The discount on bonds payable would be matured on the date of maturity so in this case the face value would be recorded and it is equaled to the carrying value

3 0

3 years ago

The following items could appear on a bank reconciliation:

julia-pushkina [17]

Answer:

Explanation:

1) Outstanding checks : a subtraction from the bank balance

2) Deposits in transit : an addition to the bank balance

3) NSF (Not Sufficient funds) checks : a subtraction from the book balance

4) Bank collection of our note receivable : an addition to the book balance

5) Interest earned on bank balance : an addition to the book balance

6) Service charge : a subtraction from the book balance

7) Book error : a subtraction from the book balance

8) Bank error : an addition to the bank balance

5 0

3 years ago

Technology has made it possible for software to replace that

Komok [63]

Answer:

Mid-level employees

Explanation:

A p e x

6 0

2 years ago

Jamison Paints makes and sells paint to home improvement stores. Jamison's only plant can produce up to 12 million cans of paint

Olin [163]

Answer:

Jamison's current total cost of making and selling 10 million cans of paint is $75,000,000 and the current cost per can of paint is $7.5

Explanation:

For computing the current total cost, we need to apply the formula which is shown below:

Total cost = Fixed cost + variable cost

where,

Fixed cost = $15,000,000

And, the variable cost = Annual production × variable cost per plant

= 10,000,000 × $6

= $60,000,000

Now put these values to the above formula

So, the value would equal to

= $15,000,000 + $60,000,000

= $75,000,000

Now the current cost per can of paint would be

= (Total cost) ÷ (Annual production)

= ($75,000,000) ÷ (10,000,000)

= $7.5 per can of paint

3 0

3 years ago

A and B have a written contract whereby A agrees to sell B a plot of land for $100,000. Later, without terminating the first con

AnnZ [28]

Answer:

B) Is not a contract because there is no consideration for B's promise.

Explanation:

In contract law, consideration is the benefit that must be bargained for between the parties involved. It is the essential reason for the parties entering a contact. Consideration must have some value and is exchanged on the performance or promise from the other party.

Common law rules on contract modifications require some new consideration in order to modify an existing contract. In this case, only B added some new consideration (more money) to the written contract, A didn't add anything new.

3 0

3 years ago