Answer:
9.39%
Explanation:
Base on the scenario been described in the question, the effective cost of refinancing is 9.39%
Answer:
Office Supplies T-account
<u>Debit :</u>
Beginning Balance $600
Purchases $2,300
Totals $2,900
<u>Credit:</u>
Ending Balance $500
Used (<em>Balancing Figure</em>) $2,400
Totals $2,900
Adjusting Entry
Supplies Expenses $2,400 (debit)
Office Supplies $2,400 (credit)
Posting Entries.
1. Supplies Expense = $2,400 (Debit Balance)
2.Office Supplies = $500 (Debit Balance)
Explanation:
As the supplies are used during the period, recognize an expense : Supplies Expense and de-recognize the Office Supplies Asset account to the extend of the amount of inventory used during the period.
In other words we are taking out an expense (Increasing it) and decreasing an asset : Office Supplies.
Answer:
Gain and loss accounts
Explanation:
Gain and loss accounts are a form of temporary accounts that are utilized to gather combined sales and purchases that has an effect on the profit or loss of business activities over a given period, which is typically in a year. For example, the loss on property sold account.
Hence, in this situation, the correct answer to the question is known to be a GAIN and LOSS ACCOUNT.
Answer:
The correct word for the blank space is: Target market.
Explanation:
The target market is the sector of the market that companies look forward to offering their goods or services. After segmentation analysis, firms determine their specific niche so they can specialize in manufacturing a product that will better match consumers' needs, thus, it is more likely they will purchase the product. Target marketing is based on the central Marketing Theory.
Answer:
(c)
Explanation:
The leadership grid also called managerial grid is a model propounded by Robert R. Blake and Jane Mouton in 1964.
The model is called leadership grid because it is represented in the form of a grid, with "concern for production" in the x-axis while "concern for people" as the y-axis.
This model identifies the ideal leadership style as one that incorporates a high concern for production while also considering the individuals who take part in the production; the people.
