Answer:
Cost of Goods Sold Dr.
To Supplies Expense
Explanation:
The journal entry for cost of goods sold should've been:
Cost of goods sold A/C Dr.
To Purchases A/C
(Being cost of goods sold expense recorded)
The wrong entry passed has been:
Supplies expenses A/C Dr.
To Purchases A/C
The rectifying (correcting) journal entry should be:
Cost of Goods Sold A/c Dr.
To Supplies Expenses A/C
(Being rectification entry for cost of goods sold recorded)
Cost of goods sold is an expense and expenses should be debited.
At the same time, purchase being a nominal account, crediting it would reduce the purchases balance.
Supplies expense was wrongly debited so it has been credited to cancel out the effect.
Answer:TRUE
Explanation:The arguments presented in the question is an argument which has to do with the unproven assumptions. Before making such an argument one must effectively provide a proof and ensure the argument is based on facts that are valid,if not based on valid facts it will be misleading or confusing the general public or decision makers when making certain decisions. Normative judgements are judgements of conditions or situations that are known to be normal,but in the case of the question it has not been proven.
Answer:
The correct answer is letter "A": change the user rights assigned to that user.
Explanation:
Information Technology (IT) systems play a key role in businesses nowadays. How information is collected, stored, and analyzed to make decisions can determine the success or failure of a firm. Employees use IT tools to improve the efficiency of their duties. <em>The higher their rank the greater their rights to access information. If promoted, their users' rights assigned will increase.</em>
To achieve this goal, you would most likely use <u>cookies</u>.
Answer: Option A
<u>Explanation:</u>
Cookies in the field of technology are used to recognise the user. Along with this it also keeps a track of the preferences of the user making it easier for the user to use the technology every time.
For the designer to recognise the users by their respective names every time they visit the website, the designer should make use of the cookies. It will also in store the names, addresses, email address, contact numbers etc of the users.
Answer:
The given situation comes under professional ethics.
Explanation:
Professional ethics are values that regulate the behavior of a person or a business group. They are like rules telling how a person should act in given situations.
Many times, only the legally correct statements are not enough. When the company's chief executive officer has a discussion with Yellowstone County representatives, he should disclose both the reports. By doing so, he would follow professional ethics of not suppressing reports about the toxic by-products. He could also show any flaws in the report of the fired researcher.
