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arlik [135]
3 years ago
15

The total package that a firm offers employees in return for their labor is called?

Business
1 answer:
san4es73 [151]3 years ago
5 0

Answer:

A compensation system.

Explanation:

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Tiptoe shoes had annual revenues of $201,000, expenses of $111,700, and dividends of $24,400 during the current year. the retain
Andreyy89

Entry to close the income summary account at the end of the year:


At the time of closing the Income Summary account, the Income Summary account is debited and Retained earnings account is credit with the amount of Net Income. Net Income can be calculated as follows:


Net income =  Revenue – Expenses  = 201,000-111,700 = $89,300


Hence the entry to close the income summary account at the end of the year shall be as follows;


Income Summary Debit  $89,300

Retained earnings Credit $89,300





4 0
3 years ago
Use the following information for Exercises 8-9 below. (Static)[The following information applies to the questions displayed bel
Ipatiy [6.2K]

Answer:

The requirements are missing, so I looked for similar questions. You should make any necessary adjusting entries on the accounting equation. Since there is not enough room here, I used an excel spreadsheet.

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3 years ago
During July at Pool Company, $65,000 of raw materials were requisitioned from the storeroom for use in production. These raw mat
QveST [7]

Answer:

$4,000

Explanation:

Preparation of the journal entry.

Based on the information given we were told that The indirect materials totaled the amount of $4,000 which means that the appropriate journal entry to record this requisition would include a DEBIT TO MANUFACTURING OVERHEAD of the amount of $4,000.

(To record requisition)

6 0
3 years ago
According to the Level-5 leadership pyramid, managers can become executives who are capable of building lasting greatness into t
notsponge [240]

Answer:

Level 5

Explanation:

pyramid organizational structure is structure usually from 1 to 5 having , one leader at the top, along with

small executive leadership team which is at below level with tiers of managers that have their leading down to the bottom level of team of employees.

Level 5 leaders always shows

powerful mixture of personal humility as well as indomitable will. These set of people that fall under this heirachy are incredibly ambitious, though

their ambition comes as first and foremost as regards the cause, for the organization as well as its purpose and not themselves. It should be noted that According to the Level-5 leadership pyramid, managers can become executives who are capable of building lasting greatness into the organization through a combination of willpower and humility. This occur At

level 5 of the pyramid.

7 0
3 years ago
Read 2 more answers
Kingbird, Inc. sells 450 shares of common stock being held as an investment. The shares were acquired six months ago at a cost o
Nadya [2.5K]

Answer:

Debit  : Cash  $22,950

Credit : Common Stock  $22,950

Explanation:

When shares were held sorely for  investment, on date of sale, we simply record the cash proceeds and no gain on sale of shares is recognized.

Therefore, Cash Proceeds = $51 x 450 shares = $22,950

3 0
3 years ago
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