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3 years ago

In double-entry bookkeeping, what goes in the left

1 answer:

5 0

Answer:Double-entry bookkeeping, in accounting, is a system of bookkeeping where every entry to an account requires a corresponding and opposite entry to a different account. The double-entry has two equal and corresponding sides known as debit and credit. The left-hand side is debit and right-hand side is credit.

Explanation:

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The Behavior Analyst goes to the individual's residence to conduct a behavior

Vedmedyk [2.9K]

Ideally, the Behavior Analyst should leave the business card, the name of the individual to be served, and the name of the service that will be provided. In this case, option B is the correct answer.

We can arrive at this answer because:

The Behavior Analyst needs to show that he tried to contact the customer and show that he is interested in contacting him again.
For this reason, he shows that the customer can get in touch with him, leaving the business card, with the contact forms.
To make this contact more professional and thus increase the credibility of the service, the Behavior Analyst leaves the name of the person to be served and the service that will be provided.

This type of behavior shows commitment to customer service, which gives the Behavior Analyst credibility and increases the chances of a contract.

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2 years ago

Shondee Corporation uses the lower of cost or market and FIFO inventory methods. At the end of 2018, the FIFO cost of the ending

Assoli18 [71]

Answer:

reported as income for all three years is $7,000

Explanation:

given data

cost of the ending inventory = $181,000

market value inventory = $160,000

to find out

Shondee Corporation must add income

solution

we get here Income per year that is

Income per year = (Value under FIFO Method - Value Under Cost Method ) ÷ Number of year ..............................1

put here value we get

Income per year = $\frac{181000 - 160000}{3}$

Income per year = $\frac{21000}{3}$

Income per year = $7000

so reported as income for all three years is $7,000

8 0

4 years ago

Suppose that the adult population in the country of Atlantis is 140 million. If 90 million people are employed and 10 million ar

Lelu [443]

Let's assume that Atlantis has 140 million adult residents. If there are 90 million employed people and 10 million unemployed people, that leaves 40 million people out of the labor force.

What does the term "labor force" mean?

All people who meet the criteria for inclusion among the employed or unemployed make up the labor force, also known as the population that is currently engaged in labor-force activities. The term "employed" refers to people who work for pay or profit at least one hour per week or who hold a job but are momentarily off the clock due to illness, vacation, or a strike. The armed forces include anyone who served in the armed forces during the time in question, whether they were stationed in the metropolitan territory or elsewhere, and was selected from the pool of all workers available.

Know more about unemployed people visit:

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1 year ago

Seymour Clothing Co. manufactures a variety of clothing types for distribution to several major retail chains. The following cos

tia_tia [17]

Answer:

a. Variable cost

b. Fixed cost

c. Fixed cost

d. Mixed cost

e. Variable cost

f. Variable cost

g. Variable cost

h. Fixed cost

i. Variable cost

j. Mixed cost

k. Mixed cost

l. Mixed cost

m. Variable cost

n. Variable

o. Fixed cost

p. Fixed cost

q. Fixed cost

r. Variable cost

s. Variable cost

t. Fixed cost

Explanation:

Note the following categories of costs:

Variable cost: This are cost that are subject to change such cost includes purchase cost of supplies, bills based on usage, hourly wages expenses.

Fixed cost: are generally recognisable cost that are stable over time, such as rent, salary, specific expense that have a fixed price etc.

From the overall analysis of the cost of Seymour Clothing Co. it is noticed that most of their expenses are variable in nature with less of mixed and fixed expenses (cost).

3 0

4 years ago

On January 1, 20Y8, Crabb & Co. sold land to ASP, Inc. and accepted a two-year, $500,000 face value note as payment. 6% inte

jeka94

Answer:

1. Discount

2. $449,298.47

3. $369,298.47 gain

4. land reduces by $80,000, investment increases by $449,298.47, reserves increases by $369,298.47

Explanation:

Question 1

Using the formula below

$Price=\frac{I_{1}}{1+r} +\frac{I_{2}+F}{(1+r)^{2}}$

where

I = interest rate, which is 6% of 500,000 = 30,000

F = Face value, 500,000

r = borrowing cost = 12%

Therefore, the price of the note at the time it was used for payment was

$Price=\frac{30,000}{1.12} +\frac{30,000+500,000}{(1.12)^{2}}$

= $449,298.47.

As the price is lower than the face value of the note, the note was issued at a discount.

Question 2

The fair market value of the note is $449,298.47, the compute price in question 1.

Question 3

The gain/loss on the sale of the land

= sale price - purchase price

= $449,298.47 - 80,000

= $369,298.47.

Question 4

The transaction would affect Crabb & Co's balance sheet as follows.

<em>Asset side:</em>

land reduces by $80,000

investment increases by $449,298.47

<em>Equity & liabilities side:</em>

reserves increases by $369,298.47

3 0

3 years ago