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Lina20 [59]
4 years ago
12

Jayson products uses a perpetual inventory system. at year-end, the inventory account had a balance of $280,000, but a complete

year-end physical inventory indicated goods on hand costing only $273,000. jayson should:
Business
1 answer:
ioda4 years ago
5 0
<span>Jayson should : (1) Reduce the balance in its Inventory controlling account and inventory subsidiary ledger by $7,000. (2) Record a $7000 current liability. (3) Reduce the balance in its inventory controlling account and inventory subsidiary ledger by $7000 (4) Reduce the balance in the inventory controlling account and record a current liability both in the amount of $7000.</span>
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An entity where ownership is divided into shares of stock is a:
vladimir1956 [14]

Answer:

D. corporation.

Explanation:

Companies are usually incorporated by the issuance/sale of shares. Corporations are entities that are legally separate from the owners.

The owners' interest in such entities are usually in form of shares held.

A sole proprietor is the owner of a business and no shares are issued before the business commences.

Trade agreements are agreements between two or more parties for which the terms and conditions as well as the responsibilities of the parties involved are spelt out in the deed.

Mutual agencies do not require the ownership of shares of stock.

The right option is D. corporation.

4 0
3 years ago
A local newspaper is planning to come up with a special series on the growth of entrepreneurship within the community. each week
kodGreya [7K]

Answer – PUBLICITY

 

A business owner featured on a local newspaper to share his or her success story is being offered the opportunity to promote his or her business through publicity. This is because the article published about him or her will <span>build some measure of public awareness about his or her products, services or/and expertise.</span>

3 0
4 years ago
A worker who loses a job at a call center because business firms switch the call center to another country is an example of whic
alexira [117]

Answer:

"Structural unemployment" is the right approach.

Explanation:

  • The terminology economists mischaracterize unemployment, which seems to be the consequences of such an absence or failure of coordination of talents as well as of opportunities, is defined as Structural unemployment.
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6 0
3 years ago
If each extra worker produces an additional unit of output, how do the total product of labour, average product of labour, and m
valentina_108 [34]

Answer: Please refer to Explanation

Explanation:

The Total Product of Labour curve is constructed by equating the quantity produced to labour. If every additional worker produces an additional unit of output then the Total product of labour curve will have a slope of 1 because every unit of labour leads to an additional unit of output.

Average Product will also be 1 because if each additional worker produces 1 extra then n workers is equal to n output. n divided by n will be one.

The Marginal Product of Labour is simply how much output is produced when an additional worker is added and the question already lists that as 1 so 1 is the answer.

6 0
3 years ago
The equilibrium between possible threats and prospective compensation is known as​ ________.
stiv31 [10]
The equilibrium between possible threats and prospective compensation is known as risk/return trade-off.
4 0
2 years ago
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