Answer: Option B
Explanation: Semi variable cost or semi fixed cost are the expenses which are composed of both fixed and variable cost. In such type of costs, the nature of the cost remains fixed till a certain level of production or consumption and becomes variable when the production level exceeds that stage.
For example :- A state charge its residents a fixed amount of electricity bill till 300 units of consumption and after 300 units the residents must pay $1 for every additional unit consumed.
Answer: made
Explanation: In simple words, adjustment in accounting refers to the transactions that are not recorded in the accounts yet but actually belongs to it with respect to the time period of their occurrence.
There are generally five types adjusting entries accrued revues, accrued expenses, deferred revenues, deferred expenses and deprecation expenses. Such entries are usually made at the end of the year in their respective accounts.
Given:
July 1 borrowed money from eight national bank on 8-month, 40,000, 5% note.
Interest and principal is all due on February 28
No journal entries were made.
Recognizing cash and notes payable.
Debit Credit
Cash 40,000
Notes Payable 40,000
Interest on Notes payable
Interest Expense 1,333
Interest Payable 1,333
Recognizing interest owed but not yet paid.
40,000 * 5% * 8/12 = 1,333
On February:
Notes Payable 40,000
Interest Payable 1,333
Cash 41,333
Jamie cannot use the Venn diagram as the best compare and contrast graphic organizer for his project. Thus, The correct answer is False.
<h3>What is a Venn diagram?</h3>
Venn diagram is used to compare elements of the same type. This includes cross-sectional circles where you write features that do not include each element, as well as the common ones.
This type of diagram is recommended when comparing two or three elements because you need a circle or space for each element, so it is not possible to compare several elements.
Thus, it is a lie to say that Jamie should use the Venn diagram in his project, because he needs to compare seven types of flowers and this does not happen using the Venn diagram, instead he should use a chart or similar that allows him to compare multiple elements. The correct answer is False.
To learn more about the Venn diagram, refer to the link:
brainly.com/question/26090333
Singular command. In a motor vehicle accident with multiple victims, the scene will be chaotic and having a single, clear leader will best help resolve the situation.
