Answer:
The answer is below
Explanation:
According to a Fair Labor Standards Act, FLSA, guidelines regarding working hours apply to Hayim's employees in the following ways:
1. All the workers, (either full time or part-time) is entitled to remuneration based on minimum wage.
2. All the employees should work based on the guideline regarding maximum hours
3. The minimum age is applicable to all the employees
4. Remuneration of the employees must be based on the applicable Pay rates
5. There must be mandatory break periods for all workers, regardless if it is full time or part-time workers.
Online banking --> much faster
Answer: In the inelastic portion of the demand curve
Explanation:
The city will charge in the inelastic portion of the demand curve, because in that portion the percentage increase in price will be greater than the percentage decrease in demand. Therefore, the price increase will not only compensate for the decrease in demand but will also allow an increase in income.
Answer and Explanation:
The Journal entries are as follows:
On January 1
Petty cash Dr. $140
To cash $140
(Being the petty cash fund is recorded)
On January 8
Postage expense Dr. $47
Merchandise inventory Dr. $12
Delivery expense Dr. $14
Miscellaneous expenses Dr. $36
To Cash $109
(Being the reimbursement of the petty cash fund is recorded)
On January 8
Petty cash Dr. $450
To cash $450
(being the increase in petty cash fund is recorded)
Only these three entries are recorded
