Entry to close the income summary account at the end of the year:
At the time of closing the Income Summary account, the Income Summary account is debited and Retained earnings account is credit with the amount of Net Income. Net Income can be calculated as follows:
Net income = Revenue – Expenses = 201,000-111,700 = $89,300
Hence the entry to close the income summary account at the end of the year shall be as follows;
Income Summary Debit $89,300
Retained earnings Credit $89,300
Answer: joint venture
Explanation:
The best structure fmtahts ideal for the collaboration between these two automotive giants will be a joint venture.
A joint venture is a form of business whereby two or more businesses come together and join their resources together so that they'll achieve a common goal.
When Ford and Toyota pool their resources together, this will bring about access to new markets, increased capacity, access to new knowledge, greater resources, and the improvement in income.
<span>The industry terms which you are looking for will be considered keywords for your resume. One of the best ways to get noticed in the field is to include your resume on job search databases, where recruiters can search for individuals who may fill a position which they have open. In order for your resume to get noticed, it will need to come up in a search which is conducted by those recruiters on those sites. How will those recruiters find your resume? They will search for particular job and industry related terms which appear in any of the resumes. If your resume includes those terms, you will be sure to pop up in their results list.</span>
Answer: (C) Ethical climate
Explanation:
The ethical climate is one of the organizational based atmosphere where the company basically focuses on the employees ethical values, laws and the environment that helps in making different types of complex decisions.
The main purpose of the ethical climate in an organization is that it helps in maintaining the values, principle and the moral of the company employees.
According to the given question, the Pi's pizza is one of the restaurant that maintain the ethical climate by follow the various types of ethical policies. Therefore, Option (C) is correct answer.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
