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Alex777 [14]
2 years ago
5

Russell Co. received a $400 utility bill for the current month's electricity. It is not due until the end of the next month whic

h is when they intend to pay it. Which of the following general journal entries will Russell Co. make to record the receipt of the bill?
Business
1 answer:
Natali5045456 [20]2 years ago
7 0

<u>The general journal entries that  Russell Co. will  make to record the receipt of the bill is (a).Utilities Expense Accounts Payable</u>

<u></u>

Explanation:

Since Russell Co, has received the $400 utility bill for the current month's electricity, which is not due until the end of the next month which is when they intend to pay it,

The general Journal entry which Russell Co. will make to record the receipt of the bill, is to:

Debit - Utilities Expense..........$400

Credit  -  Accounts Payable ...........$400

<u>Then when the expense is paid in the future</u>

Debit -Accounts Payable ..........$400

Credit - Cash............................................$400

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Answer: Mutually exclusive

Explanation:

In probability theory and logic, two propositions or events are disjoint or mutually exclusive if both events cannot occur at the same time. An example is the outcomes derived from the single toss of a coin which either be head or tail

In the project example given, the theory used is called mutually exclusive since both projects can not be chosen at the same time and it is only one project at w time. Mutually exclusive events are also called independent events since they have no effect on the viability of the other options.

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3 years ago
When a company issue 27,000 shares of $5 per value common stock,the journal entry for this issuance would include:
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Answer:

1. A debit to cash for $135,000

Explanation:

The complete entries are

1. A debit to cash for $135,000

2. A credit to common stock account for $135,000

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Imagine you are a manager at Trader Dan's grocery store. You've been tasked with analyzing the checkout lines to see if anything
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Answer: answer is 2.5

Explanation:

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All else constant, explain why the present value decreases as the discount rate increases.
CaHeK987 [17]

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Sanders Beverages, Inc. is targeting non-juice drinkers with a new line of healthy fruit juices. Identify the segmenting dimensi
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Answer:

Identify the segmenting dimension most likely being used by Sanders Beverages.

Behavioral

Explanation:

Marketing involves the promotion of a company's product to potential customers. Customers as a whole have different characteristics and preferences, thus the need for market segmentation. Market segmentation is the division of target customers in groups of similar characteristics. These groups are known as segments where individuals that share similar traits in term of preferences, age and location are placed into one group. There are four major types of dimensions depending on segment characteristics; demographic, psychographic, behavioral and geographic segmentation.

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2. Psychographic segmentation

This is the grouping of customers based on their personality traits, values, beliefs and interests.

3. Behavioral segmentation

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