Answer:
B is the correct option, because it indicates that rent expense was only recognized in the books of account when paid for in cash.
Explanation:
Cash basis of accounting simply implies that an organization that adopts it recognizes income when received and expense when paid for in cash.
The above is different from accrual basis,where income is recognized when earned(when obligation is discharged by the seller) and expense when incurred(when the goods involved or services have been received)
All other options except B have something to do with payment on account,hence they are wrong.
Answer:
The answer is letter D
Explanation:
Under a P system, an order is placed to replenish the inventory position up to the target level T every P time periods.
Given that <span>Jordan
routinely eats an early lunch around 11:00 am. Even if there's no clock
in sight, Jordan can tell when it's almost 11:00 am because he feels
hungry and wants to eat.
The explanation that accounts for this is </span>Jordan has become classically conditioned so that the time of the day,
11 AM, is a conditioned stimulus (CS) for him, triggering internal
bodily changes that increase his desire to eat.
The Arrive Alive campaign was launched to prevent road accidents or at least lessen the instances of accidents due to drunk driving and reckless driving.
The advantages of this campaign are:
1. It promotes awareness among drivers to drive safely.
2. It educates drivers on the rules and safe acts when on the road.
The disadvantages of this campaign are:
1. It does not completely eliminate the risk of accidents due to drunk and reckless driving. It merely 'educates' the drivers about safe acts.
2. It still allows the drivers to drink and drive but at 'allowable alcohol level' which does not help at all.
In the end, the Arrive Alive campaign failed.
Answer:
variable costs
manufacturing supplies =$14000
production supervisor wages=$135,000
power and light=$48000
production control wages=$32000
materials management wages=$39000
total=$268000
fixed costs
factory insurance =$30000
factory depreciation =$22000
<u>Total= $52000</u>
