Answer: The income statement should reflect $15,000.
Explanation: The reason is because accounting procedures are always guided by certain principles or concepts. One of such concepts is the Realization Concept. This simply states that income is considered to have been earned when the goods/services have been dispatched /rendered to the client and the client has incurred liability for such (or has accepted his/her indebtedness). The Accrual Concept is also applicable in the above instance because this concept/principle states that revenues and expenses are recognized as soon as they are earned and incurred and not when money is expended or received. So basically, XYZ Law firm has provided services for two clients. One of them has paid while the other will pay sometime later. Both of them are already recognized as revenue and the current income statement will reflect revenue transactions to the tune of $15,000.
Answer:
The group of options for this question are the following:
A) makes individual contributions
B) seeks promotions and pay raises
C) has a low level of trust in her teammates abilities
D) both A and C
E) both B and C
The correct answer is A) makes individual contributions.
Explanation:
According to Chiavenato, one of the most recognized authors on human resources and administration issues, "Performance evaluation is a systematic assessment of the performance of each person in office or the potential for future development."
It consists of a formal review of work results that is carried out periodically in which the collaborator and his direct boss participate interactively, who must work together to plan, monitor and review work objectives, skills and values. of the collaborator also called competencies, as well as their general contribution to the achievement of individual, departmental and organizational objectives with the premise that it is more than an annual follow-up, a continuous process in which the team is advised and feedback is provided to make sure they are on the right track to achieve their professional goals and objectives by acting according to the company culture. Performance evaluation forms a system that seeks to assess in the most objective way possible the performance of each member of the company's work team.
Answer:
C)
Explanation:
When a bill is paid using the Pay Bills window, QuickBooks records a journal entry that Credits Checking account, Debits Accounts Payable. Meaning that it records a withdrawal (Credit) from your own checking account that was used to pay the bill, while simultaneously records a deposit (Debit) on the account that was just paid through the bill.
1.) Watch the news and find out a problem that everyone needs the solution to like a geologist national research business. Or something people don't have a specific catagory for or is in the random stuff cabinet
2.) Think about it and see what you can do to make it spectacular.
3.) Think of a name for it.
4.) Get it pattened (I don't know how to spell it sorry)
5.) Make a card for it and tell people about it. For the child abuse example. (Sprinkle a little dramatic facts then tell them what you do to help stop that just to get people intrested and wanting to help.)
6.) Then you can take it from there to get more and more people into your business.
To number 5, I forgot what that trick is but it is when you scare someone by something you told them then dis alarming them by telling the good side. You can basically get anyone to do or say yes to anything you want.
And you can use my geologist catagory idea because these days they really need them. Also my mom said that if your in college and you study for the geologist requirments thing ( I don't know what they call them I think coarses)
They pay you even when your not finished college just to work for them and she also stated why else would they randomly add geology in schools now and they make pretty good money!
Sorry for it being so long but I get excited over the smallest thing and I hope I helped you lots!! And Gooood Luck!!!
