Answer:
Credit to refund liability of $280,000.
Explanation:
The year end adjusting entry would be
Sales Return $280,000 ($21 million × 8% - $1,400,000)
Refund Liability $280,000
(Being the anticipated sales return is recorded)
Here the sales return is debited as it increased the sales return and the refund liability is credited as it increased the liabilities
The same is to be considered
The answer to the given question above would be option C. The reason why research <span>and development is an integral part of the designing and producing process of an aerospace product is that, the </span><span>aerospace industry is constantly pushing the limits of technology. Hope this answers your question.</span>
Answer:
Explanation:
The computation of expense amount is shown below:
= Expenses - adjusted prepaid expense + adjusted accrued expense
= $35,200 - $500 - $450
= $34,250
The adjusted prepaid expense is computed by
= Ending balance of prepaid expense - beginning balance of prepaid expense
= $1,800 - $1,300
= $500
And, the The adjusted accrued expense is computed by
= Ending balance of accrued expense - beginning balance of accrued expense
= $1,200 - $1,650
= -$450
Answer:
in case if anything happens
Answer:
Negative reinforcement
Explanation:
Negative reinforcement is a behavioral psychology principle that occur when one's action allows him / her to escape an unfavorable action before it occurs.
It is mentioned in the scenario that Sheppad is being bullied and criticized by Alexandra , being the boss's sister .
Susan's idea of completing all work including the extras is a behavior intentionally put up to escape the constant unpleasant stimuli from Sheppad.
