Answer:
Beaver Construction
1. Journal Entry:
April 1, 2015:
Debit Equipment $50,400
Credit Cash Account $50,400
To record the purchase of new equipment for cash.
2. December 31, 2015:
Debit Depreciation Expense-Equipment $5,400
Credit Accumulated Depreciation - Equipment $5,400
To record the depreciation expense for the period.
3. Adjusted balances of Accumulated Depreciation and Depreciation Expense at December 31, 2015:
a) Accumulated Depreciation - Equipment
Beginning balance $0
Depreciation Expense $5,400
Ending balance $5,400
b) Depreciation Expense-Equipment $5,400
Explanation:
The depreciation expense for equipment is $5,400 ($600 x 9) since the depreciation charge for each month is $600. The equipment was used from 9 months from April 1 to December 31 in 2015. This implies that only $5,400 will be charged to Income Statement for the period.
According to a forbes magazine study, the annual cost of cybercrime in the united states alone has reached about $100 million.
<h3>What is a
cybercrime?</h3>
This refers to the use of computers or other electronic devices via information systems such as organizational networks or the Internet to facilitate illegal behaviors.
In 2021, the forbes magazine study shows that the annual cost of cybercrime in the united states alone has reached about $100 million.
Read more about cybercrime
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Answer:
External forces
Explanation:
Best buy is an electronics retailer that aspires to improve customer's lives through technology. They have over 175+ store locations.
However they have been facing challenges in the market with other playera like Circuit City, CompUSA and RadioShack not surviving.
The challenges faced by Best Buy is mostly as a result of external forces in the form of competition with Walmart and Amazon. Resulting in the loss of their share value.
Walmart and Amazon have been able to capture a large part of the electronics market.
Other problems like leadership scandals and inefficient processes also contributed to their problems.
Answer:
Zigzag Manufacturing
The Effectiveness of Leslie Demorest's Budgeting Strategy
The strategy of adjusting the previous year's operating expenses with inflation is not an effective way of strategic budget planning. Leslie's budgeting strategy does not take advantage of forecasts of unexpectedly good performance and fails to provide any reaction that can occur when there are downturns in cash flow.
An effective budgeting strategy should provide the standard for the effective use of financial resources of Zigzag Manufacturing in its business operations. There are no clear goals to be achieved and an evaluation of how the goals will be achieved through the budget implementation.
Explanation:
An effective budget should be able to forecast and track revenues and expenses, which are received and incurred in pursuit of business goals and projections. An effective budget ensures that those who implement the projections contained in the budget remain motivated. The idea of adjusting previous expenses with inflation is not an effective budgeting strategy.
Transitional epithelium
<span>Transitional epithelium is a tissue made of many layers of epithelial cells that can expand when filled with fluid or contract when there's a lack of fluid. It is thus 'transitional' since it does not have a fixed shape of form. When the bladder is full, the t</span>ransitional epithelium lining it expands to contain urine. Whereas, when the bladder is empty, the transitional epithelium lining contracts and flattens in shape.