are the behaviors and tactics a person uses to interact with others effectively in the business world the team refers to an employees ability to work well with others Explanation:
Answer:
Sunland Inc.
Adjusting Journal Entries:
Account Titles and Explanation Debit Credit
Interest Expense $1,152
Interest Payable $1,152
To record accrued interest for 8 months.
Rent Revenue $2,600
Deferred Revenue $2,600
To record deferred rent revenue for 2 months.
Supplies Expense $1,570
Supplies $1,570
To record supplies expense for the period.
Explanation:
a) Data and Calculations:
1. Interest Expense $1,152 Interest Payable $1,152 ( $28,800 * 6% * 8/12)
2. Rent Revenue $2,600 Deferred Revenue $2,600 ($7,800 * 2/6)
3. Supplies Expense $1,570 Supplies $1,570 ($2,110 - $540)
b) The above adjusting journal entries are made in order to reverse the earlier entries made. The purpose is to bring the accounts in line with the accrual concept and the matching principle of generally accepted accounting principles. These require that expenses and revenues for the period are matched and recognized whether or not cash is exchanged.
It is a formula containing arguments. This is because a function maps the domain to its range. Argument is synonymous to domain.
Hope this helps!
Answer:
A. bar coding is used to record materials used on the job.
Explanation:
Bar coding is used to record materials used on the job.
Bar code is a small image of lines appended on goods for easy identification, thereby increasing efficiency in businesses.
Answer:
(a) Real Interest Rate = -1 %
(b) Real Interest Rate = -2.4 %
Explanation:
Real Interest Rate = (1+ Nominal Interest rate)/(1+Inflation Rate) -1
(a)Real Interest Rate = (1+0.01)/(1+0.02)-1
= -1 %
(b) Real Interest Rate = (1+0.005)/(1+0.03) -1
= -2.4 %
Real Interest Rate is an interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender or to an investor.
