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nika2105 [10]
3 years ago
9

Name a reward of owning your own business.

Business
2 answers:
just olya [345]3 years ago
6 0
You get to look at the progress of your business
Kazeer [188]3 years ago
6 0
You are able to choose the people you work with.
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Because of a decline in market price in the second quarter, Petal Co. incurred an inventory loss, but the market price was expec
Sonja [21]

Answer:

In the fourth quarter only.

When the loss is probable and estimable, the expected loss must be recorded in full. This loss becomes such at the end of the fourth quarter. Therefore, the inventory must be valued on the year-end at the lower of cost or market, recognizing the loss at that time.

Explanation:

5 0
3 years ago
Clinton graduated college with a bachelor's degree in mathematics. While in school he turned down the option to stay an extra ye
bixtya [17]

Clinton is probably asking himself which information he wishes he knew earlier, and if he made the right decision when weighing opportunity costs.

6 0
3 years ago
Kay Magill Company had the following adjusted trial balance.
nadya68 [22]

Explanation:

A. The preparation of the closing entries at June 30, 2015 is presented below:

1. Service Revenue A/c Dr $4,300

                To Income Summary $4,300

(Being revenue account closed)

2. Income summary A/c Dr $3,500

                 To Supplies Expense $1,900

                 To Salaries and Wages Expense $1,344

                 To Miscellaneous Expense $256

(Being expenses accounts are closed)

3. Income summary A/c Dr $800           ($4,300 - $3,500)

                      To Retained earning $800

(Being the difference is credited to retained earning)

4. Retained earnings A/c Dr $628

                         To Dividend A/c $628

(Being dividend account is closed)

2. Now the post-closing trial balance is presented below:

Particulars                                    Debit                           Credit

Cash                                             $3,712

Accounts Receivable                  $3,904

Supplies                                       $480

Accounts Payable                                                             $1,556

Unearned Service Revenue                                             $160

Common Stock                                                                  $4,000

Retained Earnings                                                              $1,932    

Salaries and Wages Payable                                             $448

Total                                              $8,096                           $8,096

The retained earnings is

= $1,760 + $800 - $628

= $1,932

5 0
3 years ago
Which of the following best explains improved morale of sales personnel due to sales force management systems? Group of answer c
Olin [163]

Answer:

C. Improved training and less "busywork"allowing a greater focus on selling and revenue generation

Explanation:

Based on the information provided within the question it can be said that best explanation for this would be Improved training and less "busywork"allowing a greater focus on selling and revenue generation. That is because providing training to the employees and allowing them to do "meaningful" work is the best way of motivating them and increase revenue at the same time. "Busywork" is demoralizing since it provides no sense of accomplishment.

7 0
3 years ago
Sandra is the leader of a large team of colleagues in the finance division of a multi-national corporation. The team is working
s2008m [1.1K]

Answer: Democratic Leadership style

Explanation:

Sandra is a Democratic Leader

Democratic leadership style is also referred to as shared leadership style.

Democratic leadership allows members to share their input and their input is valued. Team Members participate in the decision making Process, team members have more responsibility under Democratic leadership. Sandra seeks input of her team members and she ask them to vote on the decision they think is best, those are characteristics of a Democratic leader

3 0
3 years ago
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