Answer:
$16,977
Explanation:
For x1 = 900, x2 = 89:
Predicted value of sales = 46334.29 + 12.43411*900 - 455.596*89 = $16977
A company that makes use of more than one <span>transport mode will locate near break-of-bulk points. A break-of-bulk point is a location or place where products are moved from one mode of transport to another place. One good example is the docks where goods </span>transfer<span> from ship to truck.</span><span> </span>
The adjusting entry would be rent expense 1,000 / prepaid rent 1,000.
<h3>What is adjusting entry? </h3>
- In accounting/accountancy, adjusting entries are journal entries usually made at the top of an accounting period to expenditure and allocate income to the period in which they actually occurred.
- The revenue recognition principle is that the basis of making adjusting entries that pertain to unearned and accrued revenues under accrual-basis accounting.
- It is also known as Balance Day adjustments because they are made on balance day.
- Based on the matching principle of accrual accounting, revenues and associated costs are recognized within the same accounting period. However the particular cash may be received or paid at a different time.
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This is true. An account is defined as a record of the business activities related to a particular item.
<h3>What is an account in business?</h3>
In the field of accounting. the term account has to do with the financial recording that is done that is used to show the way that am expense or an asset increases or decreases over a period of time.
The account is used in most statements to show cashflow. A good way to explain this would be through the use of bank accounts that shows the inflow and the outflow of cash in a persons account.
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Answer:
Being debt-free within 15 years is an example of a long-term goal.
Explanation:
One main characteristic of a long-term goal is that it involves a planning horizon that is more than 5 years during which some thoughts are paid to the goal, and the means of achieving it are marshalled out, and rigorously pursued. Long-terms goals are best broken into manageable, short-term, and medium-term goals to enable the decision-maker to accomplish her goal. The future is always uncertain, to achieve a long-term goal you must remain motivated.