Answer:
Is there any multiple choice?
Answer: Personnel selection
Explanation: In simple words, personnel selection is a single term used for the collection of activities recruitment, hiring and acculturation. It involves appointing the suitable individual for the job vacant in the firm.
In the given case, Ed is hiring a human resource professional for his firm. Thus, from the above we can conclude that he should use the term personnel selection.
Entrepreneurs help the nation by creating new and unique businesses (which can increase profit and employment), they add to national income, and they create social change.
Answer:
- Inventory
- Current Liabilities
Explanation:
The journal to record the given transaction is shown below:
Inventory A/c Dr $50,000
To Accounts payable $50,000
(Being the purchase of inventory is recorded)
Since the inventory is a purchase which increases the inventory so the respective account is debited and the account payable is credited as its increases in current liabilities
So, no impact on total stockholders
Answer: €100,000
Explanation:
- Cash received is an asset
- The money borrowed is also cash so assets increase
- Equipment was exchanged for cash. Both of them are assets so there is NO EFFECT on assets here.
- Inventory purchased on account will increase assets because assets were acquired with liabilities in this instance.
- Prepayments are assets but because this was paid with cash, there is NO EFFECT on assets as they cancel each other out.
Total assets at the end of the week are:
= Cash + Cash borrowed + Inventory purchased on account
= 50,000 + 30,000 + 20,000
= €100,000
