Answer:
A. Debit Equipment and credit Cash.
- You purchase equipment and you pay in cash.
B. Debit Dividends and credit Cash.
C. Debit Wages Payable and credit Cash.
- You paid wages that you owed to your employees. Generally wages are paid at the end of the week and not all months end on a weekend. So you must record wages payable until you actually pay the wages.
D. Debit Equipment and credit Common Stock.
- You received equipment in exchange for common stock.
E. Debit Cash and credit Unearned Revenue.
- You received cash in advance for some food that you will deliver in the future.
F. Debit Advertising Expense and credit Cash.
- You incurred in advertising costs and you paid them in cash.
G. Debit Cash and credit Service Revenue.
- You sold meals and your clients paid you in cash.
Southland farm sold ten September futures contracts on wheat. Southland farm will: both receive payment and deliver in September. Option A. This is further explained below.
<h3>What is
the payment?</h3>
Generally, the act or process of making a monetary contribution to someone or something, or of receiving a monetary contribution.
In conclusion, Wheat futures contracts were sold by Southland Farm for 10 contracts in September. September will be a busy month for the Southland farm, with both payments and deliveries.
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Answer:
an organization should build awareness of the need and opportunity for improvement.
Explanation:
Juran’s 10 steps to quality improvement are:
Build awareness of opportunity to improve.
Set-goals for improvement.
Organize to reach goals.
Provide training
Carryout projects to solve problems.
Report progress.
Give recognition.
Communicate results.
Keep score.
Maintain momentum by making annual improvement part of the regular systems and processes of the company
Answer:
The correct answer is letter "B": Profit maximization.
Explanation:
Top executives are in charge of decision-making in companies. The path the firm will take depends on them. Their ultimate goal is always to maximize the profits of a firm. For such a thing to happen several accounting and operations analysis is conducted to make adjustments on production or engage in the manufacturing of new goods.
An ethical dilemma arises when <em>profit maximization</em> implies affecting others through pollution or the manufacturing of products that could be somehow risky. Managers in most cases would prefer to cut the costs of production but they must find a balance between generating more revenue and fulfilling the minimum quality requirements so that the goods or the production of them does not put others at risk.