Based on the cost of the management service, Plum Company on July 1 should record A debit to a prepaid expense and a credit to cash for $7,500.
<h3>What should Plum record?</h3>
The entire amount of $7,500 is being paid for a service that has not yet happened so they will go to the Prepaid expense account. As this is an expense, it is debited when it is increased.
Cash should then be credited by the same amount to show that it is reducing.
Find out more on prepaid expenses at brainly.com/question/14806222.
Answer: Merit based plan
Explanation: In a merit based plan, the employer raises the pay of his or her employees on the basis a set criteria. Under this plan, employer takes into consideration the performance of employees in a specified period and take appropriate decision accordingly regarding pay raise.
In the given case, Daichi is providing their employees raise on the basis of their performances.
Hence we can conclude that Daichi is using merit based plan.
Answer:
D) $6,400
Explanation:
To calculate the points deducted by Marcia in the current year, we use the following method
Since she collected the loan in July of the current year, there is five (5) months remaining in the current year, for Marcia to deduct any point, the will need to divide the number of month(s) remaining by the money she borrowed while we have have as;
$320,000/ 5
= $64,000
Answer:
A) state regulations are not always consistent.
Explanation:
The only consistent regulations in the country are those imposed by the federal government since they apply to the whole country. Many times state regulations are not consistent with federal standards or regulations. Something that might be considered OK in certain states may not be considered proper in other states.
Answer:
A) 197it was founded in new York City