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ollegr [7]
3 years ago
14

Bearcat Construction begins operations in March and has the following transactions.

Business
1 answer:
vesna_86 [32]3 years ago
8 0

Answer:

March 1 Issue common stock for $21,000.

  • Dr Cash 21,000
  •     Cr Common stock 21,000

March 5 Obtain $9,000 loan from the bank by signing a note.

  • Dr Cash 9,000
  •     Cr Notes payable 9,000

March 10 Purchase construction equipment for $25,000 cash.

  • Dr Equipment 25,000
  •     Cr Cash 25,000

March 15 Purchase advertising for the current month for $1,100 cash.

  • Dr Advertising expense 1,100
  •     Cr Cash 1,100

March 22 Provide construction services for $18,000 on account.

  • Dr Accounts receivable 18,000
  •     Cr Service revenue 18,000

March 27 Receive $13,000 cash on account from March 22 services.

  • Dr Cash 13,000
  •     Cr Accounts receivable 13,000

March 28 Pay salaries for the current month of $6,000.

  • Dr Salaries expense 6,000
  •     Cr Cash 6,000
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1. As an Organizational Psychologist, you have thought of arranging a picnic in two weeks' time for your employees from all depa
yuradex [85]

Hello. This question is incomplete. The full question is:

As an Organizational Psychologist, you have thought of arranging a picnic in two weeks' time for your employees from all departments and their families to unwind their work stress and give them a healthy mental break. There are many fun activities that you have planned. For the children, there will be games like three-legged races and kite-flying. For the adults, besides the baseball game in the afternoon, there will also be sack race and horseshoes. There will be prizes for the winners of all the events. Lunch should be around noon, and you are generously providing all the food and drinks, so let your employees know that they do not need to bring anything.

Your Task: Write a memo requesting, but not demanding, that employees attend the picnic. Also ask your employees to confirm at least one week in advance whether they are coming or not, and also how many guests they are bringing. Also, make sure employees know when and how to respond to you. Be sure to list the activities for that day as well.

Answer:

MEMORANDUM No. 0120

From: Department of Organizational Psychology

For: All employees and families

Subject: Invitation to the annual picnic for socializing.

November 25, 2020.

Dear employees,

We have the honor of inviting all employees and their families to participate in the annual picnic of fraternization that our company will hold on December 20 at 2 pm, at the Club Santa Anne. On the occasion we will offer recreational activities, games and relaxation sessions to promote a day of leisure for our employees. We also have activities for children and a delicious lunch and snack for everyone.

The piquimique will be offered completely free of charge and we hope to meet everyone, although the presence is not mandatory.

In order to avoid waste, we would like to ask you to confirm your presence and the number of guests you intend to bring. This information should be sent to the psychology department email and we ask that the information be sent by January 10th.

We count on your understanding.

Regards,

Maria Lopes.

Director of the psychology department.

7 0
3 years ago
Suppose you deposit $1,633.00 into and account 9.00 years from today into an account that earns 14.00%. How much will the accoun
Vika [28.1K]

Answer:

$3144.20

Explanation:

Using the formula of Future Value FV = PV(1 + R)^N

where;

Present Value PV = $1633

Rate R = 0.14

∴

FV = $1633(1 + 0.14)^5

FV = $1633(1.14)^5

FV = $3144.20

4 0
3 years ago
Under which conditions, according to the Porter five-forces model, can a supplier group gain power?
Tasya [4]

Answer:

b. When there is a lack of importance of the buyer to the supplier group

Explanation:

According to Porter there are five forces that can cause rivalry in a production industry. These are supplier power, threat of new entrants, buyer power, threat of substitutes, and degree of rivalry.

Supplier power is when suppliers are able to benefit from the producers by increasing prices of inputs and gaining some industry profit. Since suppliers supply input and labour to the producer they have a greater control of there is lack of importance of the buyer to the supplier group.

This means that the supplier group has more control on price and quality it supplies to the buyer with buyer having little choice but to buy.

If however buyer is more important to the supplier it means they can control price and quality of inputs

8 0
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. Describe two things you can do to make sure you use credit responsibly. Explain why these things are important.
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3 years ago
Normal profit is the return to the entrepreneur when economic profits are zero. determined by subtracting implicit costs from to
diamong [38]

Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. Hence, the correct statement is Option A.

<h3>When the business earns normal profits?</h3>

A commercial enterprise may be in a state of normal profit while its economic income is equal to 0, that is why normal profit is also called “zero economic profit.” Normal profit takes place on the factor wherein all sources are being successfully used and could not be put to better use elsewhere.

Hence, Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. The correct statement is Option A.

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