1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bulgar [2K]
3 years ago
8

The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Debit Credit Cash

$ 11,400 Accounts Receivable 144,000 Prepaid Rent 5,400 Supplies 27,000 Equipment 340,000 Accumulated Depreciation $ 129,000 Accounts Payable 11,400 Salaries Payable 10,400 Interest Payable 4,400 Notes Payable (due in two years) 34,000 Common Stock 240,000 Retained Earnings 54,000 Service Revenue 440,000 Salaries Expense 340,000 Rent Expense 17,000 Depreciation Expense 34,000 Interest Expense 4,400 Totals $ 923,200 $ 923,200 3. Prepare a classified balance sheet as of December 31, 2021.
Business
1 answer:
alekssr [168]3 years ago
4 0

Answer:v

Explanation:

You might be interested in
Why are rules protecting private property some of the most important rules in a free market system?
Firlakuza [10]

Rules protecting private property are some of the most important rules in a free market system, because people need to own resources or assets in order to make free choices.

6 0
4 years ago
Read 2 more answers
A candidate for political office announces the following policies which, he says, economics clearly demonstrates will lead to hi
Leto [7]

Answer:

1. False 2. True

Explanation:

1. The candidate for political office announcing that the policy to reduce immigration from abroad which, he says, economics clearly demonstrates will lead to higher output in the long run; is false.

What increases output are the factors of production of which labor is a major component. When there are more people willing and able to work in an economy, <u>they help companies to produce more output but that is not the case when immigration is reduced, obviously that would reduce productivity and output.</u>

<u />

2. However his second claim is right, that making trade more open between the US and other countries will increase output on the long run.

Trade barriers like tariffs and duties impede the level of trade between countries which could either reduce the amount of money countries make after netting off custom duties or the price of imported goods are increased by the effect of tariffs. Increased price means reduced demand

<u>Hence if tariffs are replaced with subsidies in open trade, prices of U.S imported goods will fall and demand will increase.</u>

<u />

7 0
3 years ago
Read 2 more answers
Which of the following is NOT a role the Human Resources department plays when helping orient employees?
raketka [301]

Answer:

Analyzing new employee morale.

Explanation:

Employee Orientation is the day when an employee joins the company; his/her first day at work. The role that an HR plays to help orient employees is to ensure that the employee feels welcomed and comfortable.

HR would orient employee by introducing them to their co-workers, assist them in their adjustment phase, and also help them fill paperwork.

HR also introduces the new employees to the policies of company, expectations, also briefed about their work.

<u>The role that's not performed by an HR is that they do not analyze morale of new employee, instead they boost their morale and help them to get comfortable</u>.

Thus the correct answer is the last option.

4 0
3 years ago
Read the article "Organizational Characteristics and Use of Balanced Scorecard Measures in Executive Compensation" by Pollanen a
Gnoma [55]

Answer:

Consider the following explanation

Explanation:

Executive compensation depends on the overall performance of the company sequentially. It depends on various factors which determine the success of the organization. There has being a tool where the overall performance of the company and its overall standpoint is mentioned explaining in detail the occurrence of various events. Balanced score card is nothing but a report card explaining performance. Executive compensation attracts a clause of payment of a certain percentage only after achieving certain specific performance targets. Balanced score cards includes following things

Learning and growth perspective: it includes what the employees learn from the system, their training which is an essential aspect to increase their productivity.

Business perspective: determines how business are performing with regards market capitalization or client conversion ratios, also concerns about the region the business is growing into.

customer perspective: what customer wants, and what is being delivered to him, it helps company to close the gap to increase quality of delivery

Financial perspective: explains ratios, profits, losses, analysis regarding the financial position of the company.

8 0
4 years ago
All of the following statements regarding a limited partnership subscription agreement are true except
USPshnik [31]

*A limited partner's signature on the subscription agreement grants the general partner power of attorney to conduct the partnership's affairs. The subscription agreement for a limited partnership is deemed accepted when the general partner signs the subscription agreement.

<h3>What is a subscription agreement for a limited partnership?</h3>

The subscription agreement, when executed by a limited partner, gives the general partner the authority to manage the business of the partnership. When the general partner signs the subscription agreement, it is considered approved for a limited partnership.

<h3>What does the general partner's signature on the subscription agreement mean?</h3>

The limited partners are given authority to manage the partnership's affairs by the general partner's signature. The subscription agreement, when executed by a limited partner, gives the general partner the authority to manage the business of the partnership.

<h3>What is a recourse note in a limited partnership?</h3>

Recourse notes obligate the limited partner to make payments regardless of what transpires. He is legally responsible for the $40,000, making his tax base and possible maximum loss $50,000.

A) manage partnership assets on behalf of the partnership as an agent. B) offer the limited partnership real estate.

Learn more about Limited partnership:

brainly.com/question/25877213

#SPJ4

4 0
2 years ago
Other questions:
  • Suppose the nation of Canada forbids international trade. In Canada, you can obtain a hockey stick by trading 5 baseball bats. I
    5·1 answer
  • WaterwayCorporation had net credit sales of $13100000 and cost of goods sold of $9070000 for the year. The average inventory for
    9·1 answer
  • A description of the good or service, an assessment of the opportunity, an assessment of the entrepreneur, specification of acti
    8·1 answer
  • Google Marketing Platform is as effective for small businesses as it is for enterprises. In fact, only two products aren't avail
    5·1 answer
  • Difference between assets and liabilities.
    14·1 answer
  • The bank received and accepted a payment worth $7,200 from a customer on the company’s behalf. Which journal entry adjustment sh
    13·2 answers
  • Criminal acts range from relatively minor crimes, such as trespassing or shoplifting, to severe crimes, such as arson or murder.
    7·1 answer
  • A company paid its annual dividends of $5.39 per share last week. The company expects to grow its dividends at the rate of 5.0 p
    6·1 answer
  • EVERYBODY SHARE THE GOSPEL MESSAGE WITH EVERYBODY YOU KNOW!
    10·1 answer
  • As a high school student, which of the three error types would you be most concerned about? Why?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!