Question Completion:
Since the Trial Balance was not provided, we assume that the Supplies account had a beginning balance of $120 for the purpose of this exercise. Any other figure can be substituted for this balance.
Answer:
Adjusted Trial Balance as of December 31: Income Statement Balance
Debit Credit Expense Revenue Sheet
a. Depreciation expense $18 $18
Accumulated Depreciation $18 -$18 assets
b. Accrued Salaries $21 $21
Salaries Payable $21 $21 liabilities
c. Unearned Revenue $27 -$27 Liab.
Earned Revenue $27 $27
d. Supplies Expense $30 $30
Supplies $30 -$30 assets
e. Insurance Expense $30 $30
Prepaid Insurance $30 -$30 assets
Explanation:
Company B with the adjusting events above, usually recorded through the adjusting journal, can also be adjusted directly in the trial balance with their effects on the financial statements clearly demonstrated. Expenses have debit accounts while liabilities have credit accounts. Expenses reduce the net income, revenues increase the net income, while liabilities and assets can be reduced or increased as the case may be.
The government has various reasons for this. first of all, when the living standards are raised, the people will have more disposable income. this allows the people to start buying goods hence the demand will increase. when the demand increases, more tax may also be collected and more supply may be created...this creates jobs as well.
also, an increase in living standards will mean more happy people. this will increase their productivity hence production is increased which can increase amount of tax collected or even increase supply hence make goods cheaper overally.
last but not least, this will help in improving the health and nutrition of the people as less people will be sleeping hungry and less people will be falling sick. this will allow the government to reduce its spending on the health amenities so that money could be used somewhere else.
Answer:
Related diversification strategy
Explanation:
The related diversification is when the company enters the samilar industry like Sony enter Camera market which was similar to its television industry, it is known as related diversification. And the strategy that the company follows to generate 70% of revenue from a similar investment like its core operation, then the company is following related diversified strategy.
Based on the information given, it can be deduced that the annual percentage rate (APR) is 24%.
The annual percentage rate simply means the yearly interest that's generated by a sum that's charged to a borrower. In this case, the APR is 24% after 6 months.
Also, the credit cards that have an annual fee will be credit card 2 and 3. It can also be deduced that the grace period is the same for the three credit cards while credit 3 has a membership.
If one pays the credit card bill on time and the balance each month, the best credit card is credit card 1. Lastly, when one has a balance from time to time credit card 1 is still the best.
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Answer:
A. People marketing.
Explanation:
In this scenario, several farmers in different areas have started organic farming because of the popularity of Blake's campaigns; even uneducated people trust the advantages of the campaign because of Blake's involvement in it. This is a people marketing strategy.
