1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
suter [353]
4 years ago
5

Prepare adjusting journal entries, as needed, for the following items.

Business
1 answer:
podryga [215]4 years ago
6 0

Answer:

Explanation:

Journal Entry is the way to record transactions, i.e business transactions into the record of account which is called Journal Book. It involves the identification of those account present in the transaction,know the type of account, then with accounting rule, record the transaction.

CHECK THE ATTACHMENT FOR THE PREPARED JOURNAL

You might be interested in
When pursuing a Blue Ocean strategy, a firm in a crowded marketplace attempts to out-compete rivals on both cost and product fea
mash [69]

Answer:

False

Explanation:

Blue Ocean Strategy is a slang term referred to a market for a product without competition and with  wide market space.

 <u>The objectives of a </u><u>Blue Ocean Strategy</u><u> are -</u>

  • A minimal effort to open up another market space and make new interest.  
  • To discover and make "blue ocean"  which is, uncontested, developing markets and keep away from "red ocean" (overdeveloped, soaked markets).
  • It is tied in with making and catching uncontested market space, in this way making the opposition immaterial.
3 0
3 years ago
Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and managers?
Maurinko [17]

Answer: Option D

Explanation:

A. If the hostile takeover by outside investors is made easier it might result in  

depletion of shareholders interest in the company.

B.  Large cash salaries and low stock options will result in mangers being carefree about the position of company in the market,thus, resulting in depletion of shareholders interest in the company.

C. Covenants protect the shareholders from unethical or illegal decisions of the management. Thus covenants are necessary for healthy manager and shareholder relationship.

D. Eliminating minimum requirement by shareholders will result in more shares to the general shareholders and high voting rights on company decisions also.

E. Doing such act will get the managers more hold on the stock of the company resulting in conflict.

7 0
4 years ago
During 2020, a self-employed taxpayer drives her car 4,000 miles to visit clients, 3,000 miles to get to her office, and 1,000 m
Masteriza [31]

Answer:

C

Explanation:

You add the different transportation expenses.

4 0
2 years ago
Expansionary fiscal policy is so named because it:_________.
alukav5142 [94]

Answer:

B. is designed to expand real GDP.

Explanation:

Expansionary fiscal policy is a term used in economics, it refer to the fiscal policies which aim to expand or grow economy. Measure been taken to increase demand of goods and services in the market, through increasing governement spending, decreasing taxes and various other changes in policies, so that economy can grow. Expansionary policy can be either of fiscal policies or Monetary policies.

4 0
3 years ago
Prepare the December 31 entry assuming it is probable that Scorcese will be liable for $900,000 as a result of this suit. (If no
Misha Larkins [42]

Answer:

Debit legal expense/penalties (p/l)  $900,000

Credit Provisions (B/s)                      $900,000

Explanation:

According to IAS 37 Provisions, contingent liabilities and contingent assets, a provision is to be recorded where there is a present obligation as a result of a past event and the outflow of economic benefits to satisfy the obligation is probable.

Hence if it is probable that Scorcese will be liable for $900,000 as a result of this suit, a provision is needed and will be recorded by;

Debit legal expense/penalties (p/l)  $900,000

Credit Provisions (B/s)                      $900,000

5 0
3 years ago
Other questions:
  • What is a mortgage?
    6·1 answer
  • What is​ positioning? A. A part of a​ company-driven marketing strategy B. Dividing a market into smaller groups of buyers C. De
    13·2 answers
  • Sometimes employers discover evidence of employee ___ after someone has sued them for discrimination. Employers may try to use t
    15·1 answer
  • Bank runs:_______ a. will affect neither the money supply nor the money multiplier. b. are a problem because banks only hold a f
    8·1 answer
  • The bullet train's projected $2.8-billion price increase will be funded by cutting spending on other public works project. This
    8·1 answer
  • Paulette goes to an electronic store to purchase a refrigerator. After comparing the technical features, prices, and durability
    12·1 answer
  • Which competencies is an HR professional said to have if he is able to act personally and professionally with integrity and acco
    7·1 answer
  • Variable overhead is applied based on direct labor hours. The variable overhead rate is $220 per direct-labor hour. The fixed ov
    14·1 answer
  • While on vacation, Kyle Kingston, the president and chief executive officer of Remstat, Inc., is called by the CEO of Viokam Cor
    7·1 answer
  • A company is considering investing in a project that is expected to return $310,000 three years from now. how much is the compan
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!