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Lady_Fox [76]
3 years ago
7

A(n) ________ is a software platform that uses social media to facilitate cooperative work of people within an organization. sci

ence forums
Business
1 answer:
SCORPION-xisa [38]3 years ago
6 0
The answer to this question is the Enterprise Social Network. The Enterprise Social Network or ESN is where businesses / organization use social media to have connections with individuals and groups that have common business ideas, interest, and activities. Enterprise Social Network have the benefits of having a real time source content from the users, providing an access to all archieve documents, and it can streamline communications.
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Use the information for Geiberger Corporation from BE21.12, except assume the collectibility of the rentals is not probable. Pre
Vikentia [17]

Answer:

Date                Account title                                      Debit                Credit

12/31/2019      Lease Receivable                           $175,934

                      Cost of Goods sold                         $120,000

                      Sales Revenue                                                        $175,934

                      Inventory                                                                  $120,000

Date                Account title                                      Debit                Credit

12/31/2019      Cash                                                 $40,800

                       Deposit Liability                                                        $40,800

The rental amount is constant and is made on the first day of the lease period so this is an annuity due.

As the collectability is probable, you need to find the present value of this lease:

= 40,800 * Present value of annuity due factor, 5 year, 8%

= 40,800 * 4.3121

= $175,933.68

= $175,934

7 0
2 years ago
According to a summary of the payroll of Scotland Company, $450,000 was subject to the 6.0% social security tax and $500,000 was
andrey2020 [161]

Answer: C. credit to SUTA Payable of $810

Explanation:

The SUTA tax is a certain percentage expected of employers to pay to the state so as to provide palliative or benefit to displaced workers.

The state unemployment tax rate = 5.4% = 0.054

Taxable amount = $15,000

Tax fee = SUTA rate × taxable amount

SUTA tax amount = $15,000 × 0.054

SUTA tax fee = $810.

Therefore accrued payroll taxes will be feature a journal entry to credit the State Unemployment Tax payable of $810.

5 0
2 years ago
A company planned to use 1 yard of plastic per unit budgeted at $81 a yard. However, the plastic actually cost $80 per yard. The
morpeh [17]

Answer:

$19,200 Unfavorable since more material is used.

Explanation:

The company made 4,200 units, so 4,200 yards of material should be used (based on initial plan of using 1 yard per unit), but they actually used 3,960 yards.

Therefore,

Materials quantity variance:

= (Material should be used - Material they actually used) × Plastic actual cost per yard

= (4,200 - 3,960) × $80

= 240 × $80

= $19,200 Unfavorable since more material is used.

6 0
3 years ago
What is product service management
Diano4ka-milaya [45]

Product/Service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities.

6 0
2 years ago
In December of 2021, XL Computer's internal auditors discovered that office equipment costing $800,000 was charged to expense in
Eddi Din [679]

Answer and Explanation:

The Journal entries are shown below:-

1. Office equipment Dr, $800,000

            To Accumulated depreciation-equipment $120,000

            To Retained earnings $680,000

(Being office equipment is recorded)

Here we debited the office equipment as assets is increasing and we credited the accumulated depreciation-equipment as assets is decreasing and retained earning as stockholder is increasing.

2. Depreciation expenses Dr, $80,000

           To Accumulated depreciation-equipment $80,000

(Being depreciation expenses is recorded)

Here we debited the depreciation expenses as it increasing the expenses and we credited the accumulated depreciation-equipment as decreases the assets.

Working note

Depreciation

For 2019

= $800,000 ÷ 10 years

= $80,000 × 6 ÷ 12

= $40,000

For 2020

= $800,000 ÷ 10 years

= $80,000

Total = $40,000 + $80,000

= $120,000

6 0
3 years ago
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