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shusha [124]
3 years ago
5

The Pieper Corp. recorded the accrual of a revenue by debiting Accounts Receivable and crediting Unearned Revenue. What is the e

ffect of the error on the following?
a. Liabilities Net Income
No error No error
b. Liabilities Net Income
No error Overstated
c. Liabilities Net Income
Understated Overstated
d. Liabilities Net Income
Overstated Understated
e. Liabilities Net Income
Overstated No Error
Business
1 answer:
romanna [79]3 years ago
7 0

Answer:

e. Liabilities Net Income

Overstated No Error

Explanation:

Unearned Revenue is a liability account that is used to record revenue that the business has received but not yet earned because the goods and services have not yet been provided. By crediting Accrued revenue to this account, it increases it when it is not supposed to so Liabilities are overstated.

Accrued Revenue go to the Accounts Receivable section of the balance sheet to indicate that the business is owed for goods or services provided and so have nothing to do with Net Income so there is no error there.

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What information would you find in an adress book?
Alekssandra [29.7K]

An address book is a book or a database used for storing entries called contacts. Each contact entry usually consists of a few standard fields (for example: first name, last name, company name, address, telephone number, e-mail address, fax number, mobile phone number).

4 0
3 years ago
Read 2 more answers
SpeakEasy, a U.S. software company that specializes in voice-recognition software, wishes to rapidly enter the growing technical
bulgar [2K]

Answer:

<h2>In this case, the answer would be acquiring or merging with other firms producing related products or services.</h2>

Explanation:

  • As mentioned in the question, the market for technical translation software is basically dominated by firms producing differentiated or specialized products and services.
  • Now, considering that SpeakEasy is a completely new entrant in the market, it will be extremely difficult for the company to initially compete with the established market leaders or firms dominating the market.
  • Hence, SpeakEasy can perhaps consider acquiring or merging with some of the firms producing or specializing in voice-recognition software  that will eventually ease the burden of market competition or rivalry for the company and consequently,it can commercially and economically grow and prosper in the market by capturing new customers and expanding market share.
  • Mergers or acquisitions, in this case, would help the company to effectively focus on its specialized activities and conducts through knowledge sharing, economies of scale or lower average production cost,transfer or transmission of technological knowledge and exploration of new customer or client bases.
3 0
3 years ago
The Homestead Strike of the Iron and Steel workers in Homestead, PA is representative of the struggle in the late 1800's between
denpristay [2]

Answer:

A) True

Explanation:

The Homestead strike was a combination of both a company lockout (the company didn't allow workers to work) and a union strike (where the workers did't want to work). It was a power struggle between one of the darkest and sinister monopolists of the 19th century, Carnegie Steel (led by Andrew Carnegie) and the most powerful workers' union in America, the Amalgamated Association of Iron and Steel Workers.

In 1889 the union won, but Carnegie wanted revenge, so in 1892, he demanded harsher conditions after the initial contract was over and when the union said no, a lockout started. It was bloody and messy, with 16 dead. Carnegie's private army of 300 guards faced 10,000 strikers and things turned ugly soon. The Pinkertons (Carnegie's troops) were "defeated" but too many lives were lost.

Since Carnegie's little was defeated, he asked a bigger fish to help him and the governor sent 8,000 soldiers to arrest any union striker that opposed Carnegie. Finally, Carnegie's millions and corrupt politicians won, and the workers were forced to accept lower wages and more working hours. Those who rejected the forced deal were sent to prison.

6 0
3 years ago
A bowling alley charges each person $2 to rent shoes and $3 per game. Which function represents The rate of change of the functi
scZoUnD [109]

Answer:

The function is, y = 2 + 3x

The rate of change of the function is 3.

The y-intercept of the function is 2.

Explanation:

Given,

For each person,

The cost of renting shoes = $ 2,

Additional cost per game = $ 3,

Thus, the total charges for x games, ( say y ) = rent + additional cost for x games

⇒ y = 2 + 3x

Which is the required function,

∵ y = 2 + 3x is a line,

We know that,

The rate of change for a line y = mx + c is m.

Thus, the rate of change of the function is 3.

Now, for y-intercept,

x = 0,

y = 2 + 3(0) = 2

So, y-intercept of the function is 2.

6 0
4 years ago
Delwazic Inc. is a multinational corporation (MNC) that creates products specialized for a few host countries. It manufactures b
Ksivusya [100]

Answer:

The correct answer is b) Polycentric Company

Explanation:

Polycentric refers to having more than one centre and as a multi-national Company, Delwazic Inc. is producing different goods for certain countries.

The company believes that every market is unique and in order to penetrate the market, they need to produce local goods that are able to match the demand. This is a very polycentric approach that is popular among some of the largest companies in the world.

An example is that of Coca Cola, which has incorporated itself in different parts of the world and produce local products for specific markets.

3 0
3 years ago
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