Answer:
The correct answer is C
Explanation:
Partnership is the form of business which is followed by the Harry, Franklin, John and Henry, who decided to pool their resources in order to open a coffee shop.
Under the partnership, it is legal form of business where the operations of the business is carried out among two or more individuals who are ready to share the profits as well as management. Under this form, they are personally liable for the debt as well if the business undertakes any.
Answer:
In simple words, positive externalilty refers to the phenomenon under which an etity or an individual takes advanatage of any sctions made bo some other entity. Education helps to make individual build a strong character which further results in overall development of the society.
Free university education in Texas would be good for society in terms of quality education becoming cost effective to everyone and thus everyone would be able to sign up for college degree. This would end up making university education accessible to all and improve their standard of living.
However, on the other hand, free university education might make them take things for granted, and the seriousness of education would be significantly reduced. At the very same period, it will be very costly for the state to employ a professional faculty to provide education.
Answer:
uncollectible accounts expense 28,000
Explanation:
the aging of the accounts receivable is 600,000
AR unadjusted 650,000
We need to adjust by 50,000 to get the net realizable value
allowance: 68,000
written off (46,000)
uncollectible expense <u> X</u>
year end 50,000
68,000-46,000 + uncollectible = 50,000
uncollectible = 50,000 -22,000 = 28,000
Answer:
Adjusting process
Explanation:
The expense recognition (matching) principle aims to record (expenses/assets/liabilities) in the same accounting period as the (expenses/revenues/assets) that are earned as a result of those costs. This principle is a major part of the Adjusting process.
Answer:
The correct answer is letter "C": W. Edwards Deming.
Explanation:
American statistician W. Edwards Deming (1900-1993) is mainly known for his study in the field of corporate quality. According to Deming, managers should cease dependence on inspection to achieve quality and improve constantly the production and planning processes. It is believed that Deming's theory helped Japan recovery after World War II (WWII).
