Answer:
a) Fees earned (or revenues) will be understated. Net income will be understated.
b) Accounts (fees) receivable (or assets) will be understated. Owner’s equity will
be understated.
Explanation:
Adjusting entries refers to the entries that are made at the end of an accounting period in accordance with revenue recognition, principle and expense recognition principle.
All adjusting entries affect at least one income statement account (revenue or expense), and one statement of position account (asset or liability).
the Food and Drug Administration and the Federal Trade Commission
“Social-Cognitive” perspective advises that explaining our failures in terms that are “stable”, “global” and “internal contributes” to depression.
Option: C
<u>Explanation</u>:
Social cognition in human Psychology explains how people store, process and apply information about their surrounding people and social circumstances. Explaining failures can contribute to anxiety or depression because social cognition involves analysis of mental processes which is involved in perceiving, thinking about, remembering and attending to next party in this social world. Therefore when failures are shared they have worries about impression and signals which one person is sending to another and consequences which may take place.
Answer:
Option B: compounds
Explanation:
Elements can be chemically combined into compounds, therefore, a compound consists of two or more elements combined, in fixed rstios, by chemical means.
