Answer:
Credited , Debited, and Retained Earnings
Explanation:
The closing entries are presented below:
1. Revenue A/c Dr XXXXX
To Income summary A/c XXXXX
(Being the revenue account is closed)
2. Income summary A/c Dr XXXXX
To Expenses A/c XXXXX
(Being the expenses are closed)
3. Income summary A/c Dr XXXXX
To Retained earnings A/c XXXXX
(Being the difference i.e net profit is recorded)
Answer:
a. trade-offs
c. marginal thinking
Explanation:
Marginal thinking is when a decision maker evaluates the marginal benefits and marginal cost of a certain activity. Daniel is trying to evaluate if the extra calories (marginal cost) he would get from eating the 5th size of pizza (marginal benefit) is worth it.
Trade offs is also known as opportunity cost. It is what is sacrificed in order to carry out a certain activity. If Daniel eats the pizza, he's sacrificing a more healthy body for the extra slice of pizza.
I hope my answer helps you
Put them over your knee and spank them
or just get the chancla
Answer:
a.The simple ranking method.
Explanation:
From The given scenario is based on the simple Ranking method which is the simplest method of Appraisal under which every employee is compared with the others and ranked from best to worst.