Answer:
Credited , Debited, and Retained Earnings
Explanation:
The closing entries are presented below:
1. Revenue A/c Dr XXXXX
To Income summary A/c XXXXX
(Being the revenue account is closed)
2. Income summary A/c Dr XXXXX
To Expenses A/c XXXXX
(Being the expenses are closed)
3. Income summary A/c Dr XXXXX
To Retained earnings A/c XXXXX
(Being the difference i.e net profit is recorded)
Answer:
True.
Explanation:
The federal fund rates, commonly referred to as fed funds rates can be defined as the interest rate at which banks in the U.S lend money to other depository financial institutions, such as credit union or banks, mainly without any collateral and on an overnight basis.
Raising the interest rate on reserves above the current fed funds rate means that the floor of reserve demand will push the equilibrium fed funds rate up along with the interest rate on reserves. Both borrowed reserves and non-borrowed reserves will remain the same.
However, when the Fed reduces the interest rate on reserves below the current fed funds rate, it simply means that, there would be a leftward shift in the demand for reserve line, at any given interest rate. Thus, causing the fed funds rate to decrease, while borrowed reserves and non-borrowed reserves remain unchanged.
Answer:
La opulencia fuera
Los escritorios de maderas finales, las sofisticadas cafeteras y otras amenidades de oficina no son en absoluto una prioridad. Trata de optimizar gastos comenzando por ser un líder austero, tal como muchos CEO globales aseguran ser. Muchos de ellos tienen exactamente el mismo escritorio que sus empleados, como Peter Arvai, CEO de Prezi.
ExplaUno de los gastos que mermarán mucho tu presupuesto será pagar una renta mes tras mes, por lo que, en un primer momento, mientras el proyecto crece es una excelente opción es recurrir al home office, lo que hará rendir más el presupuesto y tiempo. Muchas de las grandes empresas iniciaron en una cochera.
Colaboraciones
Realizar convenios con otras empresas que pertenezcan a tu sector pero que no sean tu competencia directa es otra de las formas en las que lograrás optimizar el presupuesto que tienes destinado para publicidad. Asimismo, te ayudará a crear vínculos de negocios y una cartera de contactos que te será en todo momento útil. Crear una red de emprendedores es una estrategia fundamental para promover distintos proyectos de forma simultánea.
nation:
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Answer:
$861
Explanation:
Fixed predetermined overhead rate = Total fixed overhead cost/Total labor hours
= $ 74,000/74,000 = $ 1 PLH
Variable predetermined overhead rate = $ 3.10 PLH
Applied overhead rate = Fixed predetermined overhead rate + Variable predetermined overhead rate = $ 1 + $ 3.10 = $ 4.1 PLH
Applied overhead cost for Job X387 = Applied overhead rate x No. of labor hours required for job X387 = $ 4.1 x 210 = $ 861