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kolbaska11 [484]
3 years ago
15

Classifications on Balance SheetThe balance sheet contains the following major sections:Current assetsLong-term investmentsPrope

rty, plant, and equipmentIntangible assetsOther assetsCurrent liabilitiesLong-term liabilitiesContributed capitalRetained earningsAccumulated other comprehensive incomeRequired:The following is a list of accounts. Using the letters A through J, indicate in which section of the balance sheet each of the accounts would be classified. If an account does not belong under one of the sections listed, select "Not under any of the choices" from the classification drop down box. For all accounts, indicate if the account is a contra account or an account that would normally be deducted on the balance sheet by selecting "yes" from the second drop down box, otherwise select "no".Account Classification Contra orDeducted (Yes/No)1. Cash 2. Bonds Payable (due in 8 years) 3. Machinery 4. Deficit 5. Unexpired Insurance 6. Franchise (net) 7. Fund to Retire Preferred Stock 8. Current Portion of Mortgage Payable 9. Accumulated Depreciation 10. Copyrights 11. Investment in Held-to-Maturity Bonds 12. Allowance for Doubtful Accounts 13. Notes Receivable (due in 3 years) 14. Property Taxes Payable 15. Deferred Taxes Payable 16. Additional Paid-in Capital on Preferred Stock 17. Premium on Bonds Payable (due in 8 years) 18. Work in Process 19. Common Stock, $1 par 20. Land 21. Treasury Stock (at cost) 22. Unrealized Increase in Value of Available-for-Sale Securities
Business
1 answer:
Shkiper50 [21]3 years ago
3 0

Answer:

1. Cash ⇒ CURRENT ASSETS, NOT A CONTRA ACCOUNT

2. Bonds Payable (due in 8 years) ⇒ LONG TERM LIABILITY, NOT A CONTRA ACCOUNT

3. Machinery ⇒ FIXED ASSET, NOT A CONTRA ACCOUNT

4. Deficit ⇒ PART OF RETAINED EARNINGS, NOT A CONTRA ACCOUNT

5. Unexpired Insurance ⇒ GENERALLY CURRENT ASSET (AT LEAST THE PORTION OF PREPAID INSURANCE THAT COVERS THE NEXT 12 MONTHS), NOT A CONTRA ACCOUNT

6. Franchise (net) ⇒ INTANGIBLE ASSET, NOT A CONTRA ACCOUNT

7. Fund to Retire Preferred Stock ⇒ LONG TERM INVESTMENT, NOT A CONTRA ACCOUNT

8. Current Portion of Mortgage Payable ⇒ CURRENT LIABILITY, NOT A CONTRA ACCOUNT

9. Accumulated Depreciation ⇒ PART OF FIXED ASSETS, CONTRA ACCOUNT

10. Copyrights ⇒ INTANGIBLE ASSET, NOT A CONTRA ACCOUNT

11. Investment in Held-to-Maturity Bonds ⇒ LONG TERM INVESTMENT, NOT A CONTRA ACCOUNT

12. Allowance for Doubtful Accounts ⇒ PART OF CURRENT ASSETS, CONTRA ACCOUNT

13. Notes Receivable (due in 3 years) ⇒ LONG TERM INVESTMENT, NOT A CONTRA ACCOUNT

14. Property Taxes Payable ⇒ CURRENT LIABILITY, NOT A CONTRA ACCOUNT

15. Deferred Taxes Payable ⇒ LONG TERM LIABILITY, NOT A CONTRA ACCOUNT

16. Additional Paid-in Capital on Preferred Stock ⇒ CONTRIBUTED CAPITAL, NOT A CONTRA ACCOUNT

17. Premium on Bonds Payable (due in 8 years) ⇒ LONG TERM LIABILITY, IT IS AN ADJUNCT ACCOUNT NOT A CONTRA ACCOUNT

18. Work in Process ⇒ CURRENT ASSET, NOT A CONTRA ACCOUNT

19. Common Stock, $1 par ⇒ CONTRIBUTED CAPITAL, NOT A CONTRA ACCOUNT

20. Land ⇒ FIXED ASSET, NOT A CONTRA ACCOUNT

21. Treasury Stock (at cost) ⇒ CONTRIBUTED CAPITAL, CONTRA ACCOUNT

22. Unrealized Increase in Value of Available-for-Sale Securities ⇒ ACCUMULATED OTHER COMPREHENSIVE INCOME, NOT A CONTRA ACCOUNT

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Answer:

In this scenario, Creswell Farms is in the idea generation stage of the new product development process.  

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Idea generation stage refers to the stage which involves the creation, development, and communication of the ideas. The process involves the construction of the idea and transforming the concepts into reality. The initiation of a project begins with the generation of the idea generation stage. In the above case, the suggestions are provided which would help the business of the product. Hence, this refers to the idea generation stage.

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Which of the following situations represents financially responsible choices? Select all that apply.
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<span> making on time payments on a debt
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extreme weather in new york, where the super bowl is scheduled to be played, makes people disinterested in purchasing super bowl
alexira [117]

The following scenarios would place a downward pressure on price:

  1. .The Nile River floods this year add an exceptional amount of silt to the soil, resulting in increased crops of cotton.
  2. An outbreak of mad cow disease causes Americans to abstain from eating beef.
  3. Extreme weather in New York, where the Super Bowl is scheduled to be played, makes people disinterested in purchasing Super Bowl tickets.

The following scenarios would place a downward pressure on price:

An impending unclear holocaust causes people to stock up on twonkies, a popular snack cake provided by many companies

<h3>What would lead to either a upward or downward pressure on price?</h3>

There is an upward pressure on price if demand increases or supply reduces. There is a downward pressure on price if demand decreases or supply increases.

As a result of the slit, there would be an increase in the supply of cotton. This would lead to an downward pressure on price. The mad cow disease would lead people to demand less beef. This would lead to an downward pressure on price. The extreme weather would lead to people not coming for the game. This would lead to an downward pressure on price.

Due to the expectation of the holocaust, there would be an increased demand for twonkies. This would lead to an upward pressure on price.

Here is the complete question:

Decide whether each scenario would lead to upward or downward pressure on the equilibrium price for each good in bold font.

1.The Nile River floods this year add an exceptional amount of silt to the soil, resulting in increased crops of cotton.

2.An outbreak of mad cow disease causes Americans to abstain from eating beef.

3. Extreme weather in New York, where the Super Bowl is scheduled to be played, makes people disinterested in purchasing Super Bowl tickets.

4. An impending unclear holocaust causes people to stock up on twonkies, a popular snack cake provided by many companies

For more information about the change in demand, please check: brainly.com/question/25871620

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3 0
2 years ago
Susan williams runs a small flagstaff job shop where garments are made. the job shop employs eight workers. each worker is paid
slavikrds [6]

Labour Productivity is basically the worth of goods produced by each labour or collectively in an hour, This can be expressed in the formula below:

Labour Productivity per hour of work=\frac{Worth of Goods Produced}{Total Number of Labour Hours}

In order to find worth of goods we shall use below Formula:

Worth of Goods= Sale Price per Unit*Number of Units Sold

In given case there are 2 types of goods sold as below

1. Proper Garments

Worth of Goods Sold= $210*78 Garments

Worth of Goods Sold=$16380

2. Seconds

Worth of Goods Sold= $100*54

Worth of Goods Sold= $5400

Total Goods Sold= $5400+$16380

Total Worth of Goods=$21780

Total Hours Worked= No of Workers*Hours Worked each Worker

Total Hours Worked= 8*45

Total Hours Worked=360 Hours

Labour Productivity=\\ \frac{21780}{360}

Labour Productivity=$60.5 per Hour


3 0
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