Answer:
Total general and administrative expenses $
Administrative salaries 1,250
Rent on administrative building 30,000
Miscellaneous administrative expenses 5,000
Total general and administrative equipment 35,250
Explanation:
The total general and administrative expenses include administrative salaries, rent on administrative building and miscellaneous administrative expenses.
You've started using the sq3r method of learning. after surveying a reading assignment, you go to the next step, <span>Reading the headings and turning them into question.</span>
Answer:
$12,000
Explanation:
The main difference between cash basis accounting and accrual accounting is that accrual accounting recognizes revenue only after the earning process is completed. On the other hand, cash basis accounting recognizes revenue and expenses when the money is received or paid, regardless of when the service is provided. This is why the US GAAP doesn't allow cash basis accounting.
The IRS allows cash basis accounting for individuals and small businesses that only deal with cash payments, but they must meet certain criteria:
- partnerships or C corporations with less than $5 million in yearly revenue
- sole proprietorships and S corporations with less than $1 million in yearly revenues
- family owned farms
- you provide personal services and 95% of your revenue comes from it
- no publicly traded corporation is allowed
Make more money and invest in the future of cars
Answer:
Labor union enable workers to voice concerns about working conditions and safety issues, making them more confident and less intimidated by their employers and thus more productive.
Labor unions foster a more stable work force, decreasing turnover.
Unions are always more efficient than firms at discerning which workers are highly skilled and which are not.
Explanation:
Labor unions improve productivity by improving employee satisfaction, decreasing turnover and attracting trianed skilled labor
