Answer:
Crimson Tide Corporation
Accounts Titles Debit Credit
1. Dividends $800
Cash $800
To record payment of dividends.
2. Accounts Receivable $3,400
Service Revenue $3,400
To record provision of services on account.
3. correct
4. Cash $400
Accounts Receivable $400
To record the receipt of cash on account.
5. Accounts Payable $1,200
Cash $1,200
To record payment on account.
Explanation:
The correct entries have been provided as above. The first step in recording transactions in the journal is to recognize the accounts involved. Then, identify which account is to be debited and which is to be credited, following basic accounting principle and based on the accounting equation of Assets = Liabilities + Equity.
Answer:
B is the correct option.
Explanation:
It is the utility when the company tries to maximize the availability of the product for sale during the time which is most convenient for the customers. Most of the companies analyze for the creation and the maximization of their product's time utility. They also adjust their production process according to it. The creation of time utility involves deciding the number of hours and days a company wants to make its services available to the customers.
Answer:
unstructured problem
Explanation:
According to my research on different types of business problems, I can say that based on the information provided within the question this is an example of an unstructured problem. These are defined as problems that do not have an identified cause and can be difficult to identify or solve. Which is what seems to be the case in this scenario since nobody knows why sales have decline.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
<u>Answer:
</u>
The term physical hazard best describes the oily rags.
<u>Explanation:
</u>
- The example narrated in the question statement is associated with hazardous environmental pollution due to a specific kind of waste that is in physical form that bears the potential of causing health issues.
- The scattering of oil rags left by the employees over the place of work would turn the place unhygienic and unfit for work.
- Hence, the term 'physical hazard' is used for oily rags.
