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algol13
3 years ago
6

The​ _____ consisted of a series of​ anti-government protests and uprisings in a number of Arab countries that were largely aide

d by new social media​ tools, gave hope to many that dictatorships in countries in the Middle East would become democracies and bring a better life to peoples of the countries.
Social Studies
1 answer:
In-s [12.5K]3 years ago
6 0

Answer:

The correct answer is the revolt known as the Arab Spring.

Explanation:

In the early 2010s, a series of demonstratios and revolts took place and spread across North Africa and the Middle East that began in response to oppressive regimes and a low standard of living from the local citizens. The rebellions were helped by the social media that made posible the spread of information about it throughout the world and drew global attention thanks to the geopolitical implications of the protests.

The transformation caused by the Arab Spring was even bigger than the decolonization so that made a great shock around the world.  

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Metlock, Inc. borrowed $9,800 by signing a 12%, one-year note on September 1, 2019. 2. A count of supplies on December 31, 2019,
Talja [164]

Question

Metlock, Inc has the following balances in selected accounts on December 31, 2019

Accounts Receivable $ -0-

Accumulated Depreciation—Equipment -0-

Equipment 7,000

Interest Payable -0-

Notes Payable 9,800

Prepaid Insurance 2,820

Salaries Payable -0-

Supplies 2,450

Unearned Consulting Revenue 36,000

All the accounts have normal balances.

The information below has been gathered at December 31, 2019.

1. Metlock, Inc. borrowed $9,800 by signing a 12%, one-year note on September 1, 2019.

2. A count of supplies on December 31, 2019, indicates that supplies of $860 are on hand.

3. Depreciation on the equipment for 2019 is $1,600.

4. Metlock, Inc. paid $2,820 for 12 months of insurance coverage on June 1, 2019.

5. On December 1, 2019, Metlock, Inc. collected $36,000 for consulting services to be performed from December 1, 2019, through March 31, 2020.

6. Metlock, Inc. performed consulting services for a client in December 2019. The client will be billed $4,300.

7. Metlock, Inc. pays its employees total salaries of $7,500 every Monday for the preceding 5-day week (Monday through Friday). On Monday, December 29, employees were paid for the week ending December 26. All employees worked the last 3 days of 2019

Answer:

1. Metlock Inc borrowed $9,800 by signing a 12%, one-year note on September 1, 2019

Dr Cash $9,800

Cr Notes Payable $9,800

2. A count of supplies on December 31, 2019, indicates that supplies of $860 are on hand.

Dr Supplies Expense $1,590

Cr Supplies $1,590

3. Depreciation on the equipment for 2019 is $1,600.

Dr Depreciation Expense--Equipment $1,600

Cr Accumulated Depreciation--Equipment $1,600

4. Metlock Inc paid $2,820 for 12 months of insurance coverage on June 1, 2019.

$2,820 x 7/12 = $1,645

Dr Insurance Expense $1,645

Cr Prepaid Insurance $1,645

5. On December 1, 2019, Metlock Inc collected $36,000 for consulting services to be performed from December 1, 2019, through March 31, 2020.

$36,000 / 4 months = $9,000 per month

Dr Unearned Consulting Revenue $9,000

Cr Consulting Fees $9,000

6. Metlock Inc performed consulting services for a client in December 2019. The client will be billed $4,300.

Dr Accounts Receivable $4,300

Cr Consulting Fees $4,300

7. Metlock, Inc. pays its employees total salaries of $7,500 every Monday for the preceding 5-day week (Monday through Friday). On Monday, December 29, employees were paid for the week ending December 26. All employees worked the last 3 days of 2019

$7,500 / 5 x 3 = $12,500

Dr Salaries Expense $12,500

Cr Salaries Payable $12,500

Explanation:

8 0
3 years ago
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