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marshall27 [118]
3 years ago
5

True or false if something is legal, it is also ethical

Business
1 answer:
Paha777 [63]3 years ago
4 0

false, every person has a different definition of what is ethical ex. abortions, immigration (issues of separating families) take literally political issue today and the ethicality of it can be argued

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In this statement, which type of spending is President
sineoko [7]

<u>Answer: </u>Option 2 discretionary

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Spending can be mandatory spending or discretionary spending. Mandatory spending means the spending on essentials goods such as food. Discretionary spending means the spending on recreation and entertainment where people have additional money in hand after meeting their necessary expenses.

In this speech Obama speaks about the non essential expenses when they are controlled more investments can be made. He says when all the departments cut down their discretionary expenses then can result in economic growth.

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Assuming that the physical output (i.e., the actual quantity of all final goods and services) of all final goods and services re
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3 years ago
Hitzu Co. sold a copier (that costs $7,500) for $15,000 cash with a two-year parts warranty to a customer on August 16 of Year 1
worty [1.4K]

Answer:

1.Warranty expense

$ 750

2.Estimated warranty liability

$ 750

3. Warranty Expense $ 0

4.

Estimated warranty liability

$ 626

5. Hitzu Co. Journal entries

Aug 16

Dr Cash 15,000

Cr Sales 15,000

Aug 16

Dr Cost of goods sold 7500

Cr Merchandise inventory 7500

Dec 31

Dr Warranty expense 750

Cr Estimated Warranty liability 750

Dec 31

Dr Estimated warranty liability 124

Cr Repair part inventory 124

Explanation:

1.

Warranty expense 5% of dollar sales

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2.

The December 31, 2017, balance of the liability equals the expense because no repairs are provided in 2017. Therefore, the ending balance of the Estimated Warranty Liability account is $750.

3.

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4.

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