Answer:
B) conceptualization
Explanation:
Conceptualization -
It is the phase of the life cycle of project , where the capability to give an idea or concept is considered .
This phase is the very first phase for the life cycle of the project , where all the initial steps are taken to start the project .
Hence , from the question ,
the project manger of the Geoffco company , assign three individual the a task to perform .
Therefore , the correct term for the given statement is B) conceptualization .
Explanation:
Debit Credit
Cash $84,000
Common stock $70,000
Paid-In Capital in Excess of Par Value $14,000
It's necessary to split the equity in two accounts because there is information about the par value
Promotion Expenses $49,000
Common Stock $3,500
Paid-In Capital in Excess of Par Value $45,500
It's necessary to split the equity in two accounts because there is information about the par value
Promotion Expensese $49,000
Common Stock $49,000
It's not necessary to split the equity in two accounts because there is no information about the par value
Cash $136,500
Preferred Stock $87,500
Paid-In Capital in Excess of Par Value $49,000
It's necessary to split the equity in two accounts because there is information about the par value
Answer:
Explanation:
Before passing the journal entry, we have to find out the bad debt expense amount which is shown below:
Bad debt expense = Account receivable balance × uncollectible percentage + debit uncollectible account balance
= $130,000 × 20% + $2,100
= $26,000 + $2,100
= $28,100
So, the journal entry would be
Bad debts expense A/c Dr $28,100
To Allowance for uncollectible accounts $28,100
(Being uncollectible accounts is adjusted)
Answer:
B. I prefer taking the subway to work rather than driving because of high fuel prices.
Explanation:
I prefer taking the subway to work rather than driving because of high fuel prices describes a perfectly inelastic demand.
This is a probability question
