Answer:
Correct answer is C, $100,000 debit to salaries and wages expense
Explanation:
In order to recognize the expenses for the period, an expense account shoud be debited and a credit to cash or payables that depends if it is already paid (cash) or not (payable). Along with the recognition of the salaries expense paid by the company to their employees is the recognition of the deductions withheld by the employer that should be reported to certain agencies. These includes, Social Secucrity, Taxes and medical insurance mandated to be deducted on the employees wages. Employer will act as a withholding agent and will be obligue to remit it to the agencies within the period of time.
Answer:
C. Government ownership of the major industries.
Explanation:
The government owning the major industries is not a characteristics of market system. The government plays a limited role instead. Government role is to ensure that the markets are open and working. It ensures equal access to information by making sure no one manipulates the markets.
Other characteristics of market system not mentioned in the question are
1. System of market and prices
2. Motive of self interest.
Answer:
a. presentation and demonstration
Explanation:
It is correct to say that Frank is in the presentation and demonstration stage in the sales process, as the question says that he showed the customer the variety of available beds designed for children, that is, he presented the product to the customer and demonstrated that it would satisfy your needs, in this case the seller reiterates the value and benefits of the product so that there is interest on the part of the consumer in making the sale.
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The answer is
<span>D. for investors to calculate the periodic interest rate.
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Answer:
6
Explanation:
The Insurance Institute for Highway Safety (IIHS) is known to be an independent body or organization. It is a nonprofit scientific and educational organization solely aimed to reducuction of the losses and deaths, injuries and property damage as a result from motor vehicle crashes. In US, due to front or rear crashes cost more than 6 billion dollars a year is being spent on injury.
