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alexira [117]
3 years ago
5

What type of adjustment is Completed services that were paid for six months earlier, $1,070? The Service Revenue unadjusted bala

nce as of December 31 is $10,300. The Unearned Revenue balance as of December 31 is $11,600
Business
1 answer:
slega [8]3 years ago
3 0

Answer:

Unearned Revenue Balance   $10530

Service revenue Balance    $11370

Explanation:

given data

time = 6 month

Completed services  paid =  $1,070

Service Revenue unadjusted = $10,300

Unearned Revenue balance = $11,600

solution

Unearned Revenue

31-Dec     $11,600    

31-Dec  $1070  

Balance   $11,600 - $1070

Balance   $10530

and

Service revenue

31-Dec      $10,300    

31-Dec      $1070

balance    $10,300  + $1070    

Balance    $11370

 

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Which qualifications are needed for a Logistics Planning and Management career? Select all that apply.
bulgar [2K]

Answer:

The qualifications needed for a Logistic Planning and Management career are:

a) research skills and understanding of the product's supply chain

b) critical thinking skills

c) math and reasoning skills

d) knowledge of hazard regulations to provide safety training

Explanation:

Logistic Planning and Management involves planning.  Planning requires some level of research skills and understanding of the product's supply chain.  Since logistics contribute value and growth to an organization by ensuring availability of production materials, warehousing, and transportation of finished goods, critical thinking is also needed.  To determine the best delivery routes and achieve cost-effective packaging of goods, maths and reasoning skills would be deployed.  This makes this skill very important.  The manager will also need to measure, analyse, and improvise at any time.  This requirements calls for math and reasoning skills as well.

Finally, the knowledge of hazard regulations will aid the manager to provide safety training to those involved in logistics handling, including the drivers that would deliver goods to customers.

5 0
4 years ago
Your firm is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land
Serga [27]

Answer:

the proper cash flow amount is -$17,313,900

Explanation:

The computation of the proper cash flow amount is given below:

= Land value + plant cost + grading cost

= -$5,400,000 - $11,200,000 - $713,900

= -$17,313,900

Hence, the proper cash flow amount is -$17,313,900

7 0
3 years ago
Steve is staying at a hotel while on business in Chicago, but he forgot to bring his ties. Who would he most likely turn to for
babymother [125]

Answer:

Steve

Explanation:

because he can get in contact with Steve while in the hotel

5 0
2 years ago
Which of the following is an advantage of the corporate form of business when compared to sole proprietorships and partnerships?
Rudiy27

Answer:

D. Limited Partnership

Explanation:

Sole proprietorship is business owned , run & managed by single owner. Partnership is a business owned , run & managed by small group of people - deciding to share its profits .

Entrepreneurs in these have Unlimited Liability on personal assets, in case business assets are insufficient to settle business liabilities .

Corporation is a separate legal entity, distinct from its huge group of owners , guided by a board of directors. In case of any claim / sue case : it is against corporate entity & not the people, so they don't have any unlimited liability risk on personal assets to fulfil company's claims .

5 0
3 years ago
What is the proper adjusting entry at December 31. the end of the accounting period, if the balance in the prepaid insurance acc
Artemon [7]

Answer:

C. Debit Insurance Expense, dollar 4, 500; Credit Prepaid Insurance, dollar 4, 500

Explanation:

Date       Account Title                  Debit              Credit

Dec 31   Insurance expense         $4,500

              Prepaid insurance                               $4,500

              ($7,750-3,250)

Option C is correct.

7 0
3 years ago
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