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3 years ago

In what FBLA region is Arkansas included

1 answer:

4 0

Arkansas FBLA is an institute where the future leaders in business are trained. The organisation is spread in 5 different districts and many different conferences and meetings and workshops are conducted on a regular basis.

It gives a platform to the students to come and showcase their leadership skills and take part in the active discussions. Which pave way for a bright future of leaders of America. Arkansas FBLA is spread in 5 regions.

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Record journal entries for the following transactions. (a) On December 1, $18,000 was received for a service contract to be perf

Aliun [14]

Answer:

See explanation section

Explanation:

(a) December 1 Cash Debit $18,000

Unearned revenue Credit $18,000

Note: The company received the money in advance for a contract to do during December to April. Therefore, they received cash while a liability increased due to receiving advance money.

(b) December 31 Unearned revenue Debit $3,600

Service revenue Credit $3,600

Note: As the company started performing, after the completion of 1st month, i.e., December 1 to December 31, the advance money started expiring because of providing services. Moreover, as the service is performed evenly for 5 months, the 1st month's revenue = $(18,000/5) = $3,600.

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3 years ago

When members of the buying center agree to consider ibm, dell, and hewlett-packard in purchasing new computers because they are

Kipish [7]

Identification of vendors

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3 years ago

The probability that Mary will win a game is 0.03, so the probability that she will not win is 0.97. If Mary wins, she will be g

valkas [14]

Answer:

Expected value of X = -11.09

Explanation:

Expected profit:

= Probability of winning × Amount she wins

= 0.03 × $180

= 5.4

Expected loss:

= Probability of loosing × Amount she paid

= 0.97 × $17

= 16.49

Let X be amount of money Mary wins or loses.

E(X) = Expected profit - Expected loss

= 5.4 - 16.49

= -11.09

Expected value of X = -11.09

That is expected value of loss of $11.09

4 0

2 years ago

Dr. Peabody recorded an $82 telephone bill that he will pay within thirty days. Which of the following statements is correct?

lana66690 [7]

Answer:

A. Telephone expense is debited $82; accounts payable is credited $82.

Explanation:

Mr. Peabody has incurred a debt of $82 on telephone expenses. His expenses have increased by $82, and his debts(liabilities) have also increased by $82.

An increase in expenses is recorded by debiting the relevant expense account. Mr. Peabody will debit the telephone expense account by $82.

Liabilities have increased by $82. An increase in liabilities is recorded by crediting the liabilities account. Mr. Peabody will complete this transaction by crediting the liabilities account by $82.

7 0

2 years ago

Mervon Company has two operating departments: mixing and bottling. Mixing occupies 23,045 square feet. Bottling occupies 18,855

fiasKO [112]

Answer:

Mixing= $112,000

Bottling= $91,800

Explanation:

Giving the following information:

Mixing occupies 23,045 square feet

Bottling occupies 18,855 square feet.

Total sq= 41,900

Indirect factory costs include maintenance costs of $204,000.

First, we need to calculate the proportion of square feet for each department:

Mixing= 23,045/41,900= 0.55

Bottling= 18,855/41,900= 0.45

Now, we can allocate overhead:

Mixing= 0.55*204,000= $112,000

Bottling= 0.45*204,000= $91,800

7 0

3 years ago

In what FBLA region is Arkansas included​

In what FBLA region is Arkansas included