Answer:
the journal entry to record warranty expense is:
Dr Warranty expense 30,000
Cr Warranty liability 30,000
the journal entry to record actual expenses related to product warranties:
Dr Warranty liability 10,000
Cr Cash (or inventory, or wages payable) 10,000
Depending on what type of costs are incurred by the company, the account credited will vary, e.g. if units are replaced, then inventory must be credited, or if units are repaired and only labor is used, then wages payable or cash should be credited. Since the question doesn't give us a lot of details, I credited cash.
Answer:
The credit card is the most effective method of payment.
Explanation:
The store will not ship the item until the payment is accredited to their account. Because of this, Jill needs to pick the payment method that have the fastest clear time.
The Check: usually takes about two business days for a deposited check to clear.
Money Order: It depends on the bank. Some banks allow for money orders to be cleared and deposited almost immediately, and some require at least one business day for it to clear.
Credit Card: almost all the time payments can take place immediately.
The obvious choice is Credit Card payment for the instant clear of the funds in the store account.
Pestel is a tool that reminds managers to look at several distinct categories in the macro environment.
<h3>What is the macro environment?</h3>
This is the term that is used to refer to the environment that is made up of the major forces that are both external and also uncontrollable that is used to influence the decision making process of a firm.
The macro environment is made up of such factors such as demographics, economy, technology, political and a lot more of other factors. They are used to control the decision making process in the nation. It is also referred to as the environment at large
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Because the conduct of purchasers and merchants will naturally manage the market toward the balance cost and amount.
Economic equilibrium is a condition or state in which financial strengths are adjusted. Financial harmony may likewise be characterized as the time when supply measures up to interest for an item, with the balance cost existing where the theoretical free market activity bends cross.
Ambidextrous
It means utilizing both hands equally fluidly or deftly
Ambidextrous organizations - Exploratory units are separated from their traditional units in ambidextrous organizations, which encourages them to create their own systems, organizations, and cultures. But at the senior management level, they also closely coordinate these new divisions with the already-existing organizations.
Organizations can benefit from ambidexterity in various ways. The most important result of ambidexterity is creativity since innovation requires both exploratory and exploitative characteristics. Ambidexterity is the capacity to maintain a balance between exploratory and exploitative processes.
understandings of the four behaviors at the core of an ambidextrous organisation
a tactical approach to exploring
senior management commitment
separation from the unethical companies
a shared culture across all teams
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