Answer: D, If Silver uses the accrual method, $195,000 in 2018 and $0 in 2019
Explanation: Accounting for organisations are recorded in accrual basis and not cash basis. This means that all income and expenses pertaining to a particular year is accounted for in that year.
Silver Inc. will record in its books the total salaries due to its staff for any particular year in the year the expense was incurred. if paid in that year it will be recorded thus:
Debit salaries as salaries expenses for the period
Credit bank as salaries paid.
If salaries are not paid in the year it was incurred, it will be recorded thus:
Debit salaries as salaries expenses for the period
Credit salaries payable account as accrued salaries
when treated this way, it will give room to silver inc to recognise that they owe salaries that are yet to be paid which will reflect in their financial statement as Payable in the current year.
Answer:
The answer is "Option D".
Explanation:
Credit unions or financial institutions, among many others, have depository institutions. It provides customers with a reliable, stable but easy way of saving money or residences and businesses credits. The bank provides interest rates on deposits and uses that money to lend at rising interest rates.
Its main source of income for depositary entities is interest from loans. They build consumer deposits and facilitate economic development in households and businesses.
Answer:
1)On-scene Security, Protection, and Law Enforcement.
2)FEMA Administrator
explanation:1)The on-scene security,protection and Law Enforcement is an agency whose core duties are to maintain a safe and hazardous-free working environment via law enforcement and hastily effective communication by any means possible to ensure security and protection of people and communities located within affected areas in the jurisdiction of work-place and also for personnel involved or engaged in these life-threatening operations being carried out.
2)The FEMA Administrator duties are
thoroughly centred on emergency which include; the effective administration of the National Response Coordination Center,effective&total response to emergencies/events resulting from hazardous incidents.Also to ensure a total recovery process is possible arising from the events,thus providing support for all/emergencies as the case maybe.
Step six is to complete the plan.
The basic six steps are:
- receiving the requirements
- issuing a warning order
- making the tentative plan
- initiating the movement
- conducting the <span>reconnaissance, and finally
</span>- completing the plan
It is also advisable to follow the 6 steps by two additional steps which are:
- issuing the complete order
- supervision