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4 years ago

Hokies uses the following accounts:

Business

1 answer:

Nadya [2.5K]4 years ago

8 0

Answer:

Explanation:

The indications are shown below:

1. Pay a cash dividend = dividend is debited and cash is credited

2. Pay rent in advance for the next three months = Prepaid account is debited and cash is credited

3. Provide services to customers on account = Account receivable is debited and service revenue is credited

4. Purchase office supplies on account = Supplies account is debited and account payable is credited

5. Pay salaries for the current month = Salaries expense is debited and cash is credited

6. Issue common stock in exchange for cash. = cash is debited and common stock is credited

7. Collect cash from customers for services provided in (3) above. = Cash is debited and account relevance is credited

8. Borrow cash from the bank and sign a note = Cash is debited and note payable is credited

9. Pay for the current month's utilities = Utilities expense is debited and cash is credited

10. Pay for office supplies purchased in (4) above = Account payable is debited and cash is credited

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To test an herbal treatment for acid reflux disease, 100 volunteers who suffered from mild indigestion were randomly divided int

MAVERICK [17]

The correct answer is Only (A) and (C) are true

Explanation:

In a study or research, the control group is the one that does not receive a treatment. This means, in this case, the control group includes those who only drink the green tea without the herbs because they serve as a standard to measure the effects of the herbs. This makes statement A (The "only green tea" group serves as the control group) true; also, the group receiving the herbs is the experimental group.

On the other hand, a double-blind study is one in which the researchers and the participants ignore who is receiving the treatment, which guarantees there is objectivity. This occurs in the study presented because neither the researcher nor the subjects known who received the herbal mix. Thus, statement C (This study is double-blind) is true.

Finally, a study is classified as observational if there is not intervention but the researchers just observe participants to study a phenomenon. This does not occur in the study presented because there is an intervention through the herbal treatment, and therefore the study is not observational.

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4 years ago

A business entity operated and taxed like a partnership, but with limited liability for the owners, is called a:

Masteriza [31]

Answer: A. limited liability company.

Explanation:

A Limited Liability Company (LLC) is a type of company that is operated and taxed like a partnership for instance, profits that flow to the partners are taxed on the partner's income but not on the firm to prevent double taxation. This is called Flow-Through Taxation.

They operate with limited Liability for the owners because the owners are only personally liable for the debts and liabilities the company has up until the capital they invested. Anything past this and they cannot be held liable.

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3 years ago

Identify which type of sampling is used: random, systematic, convenience, stratified, or cluster. To determine customer opini

Ganezh [65]

Answer:

E. Cluster

Explanation:

Cluster sampling is a type of sampling method in which the population under study is divided into different groups known as clusters before simple random samples are selected from each population clusters. The analysis of such population is carried out based on the sampled clusters.

This method is adopted when a researcher does not have access to the whole population under research.

Advantages of cluster sampling.

The research method only needs fewer resources.

The sample under review is feasible.

Note: Cluster sampling is not as accurate as simple or stratified random sampling.

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3 years ago

Read 2 more answers

Cooke Company incurs $4 per unit of variable selling and administrative expense and $50,000 per month in fixed selling and admin

Lynna [10]

Answer:

Selling and administrative expense = $242000

so correct option is c. $242,000

Explanation:

given data

variable selling and administrative expense = $4 per unit

fixed selling and administrative expense = $50,000 per month

depreciation = $12,000

Cooke produced = 50,000 units

sold = 48,000 units

to find out

What amount would Cooke include for selling and administrative expense

solution

we get here variable selling and administrative expense will be here as

Variable selling and administrative expense = variable selling and administrative expense × sold ...................1

put here value we get

Variable selling and administrative expense = $48000 × $4

Variable selling and administrative expense = $192000

and Fixed selling and administrative expense is = 50000

Selling and administrative expense income statement is

Selling and administrative expense = $192000 + $50000

Selling and administrative expense = $242000

so correct option is c. $242,000

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3 years ago

When pan frying food with a stuffing, you may need to

olga nikolaevna [1]

Answer:

D finish it in the oven

Explanation:

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3 years ago