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Volgvan
3 years ago
14

Assume the following adjustment data.

Business
1 answer:
Lunna [17]3 years ago
8 0

Answer:

                                    Adjusting Entries

      Date    Accounts titles and Explanation     Debit   Credit

1.                  Supplies expense                            $500

                           Supplies expense                                  $500

2.                  Insurance expense                          $300

                              Prepaid Insurance                                $300

3.                   Depreciation expense                     $ 70

                                Accumulated depreciation                 $70

                                 - equipment

4.                    Unearned service revenue             $500

                                   Service revenue                                $500

5.                     Accounts receivable                      $200

                                   Service revenue                                $200

6.                      Interest expense                            $90                            

                                   Interest payable                                  $90

7.                      Salaries and wages expense        $1,700

                                   Salaries and wages payable               $1,700

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When compared to internal recruitment, an advantage of external recruiting is that ______________________________. a. its select
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Answer:

d. it has the potential to generate larger applicants pools.

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A business can choose to fill a vacancy by internal recruitment if it wants to hire or fill the vacancy immediately or if the company work is of complex nature that only internal employees can understand quickly and hiring external will consume time for learning and development. The cons of internal recruitment includes that a company can limit the new talent and fresh blood. The advantage of external recruitment is that it has potential to generate larger pool of applicants and bring new talent, more skilled or qualified candidates can be hired to the company.

7 0
3 years ago
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Increased investment alone will guarantee economic growth. A. This is a false statement, because an economy must rely on capital
trapecia [35]

Answer:

D

Explanation:

This is a false statement, because economic growth hinges on the quality and type of investment as well as the human capital and improvements in technology.

Increased investment in physical capital, such as factories, machinery, and roads, can yield increased productivity. Physical labour is not as efficient as Good factories and machinery.

The quality of human capital, that is the number and quality of skilled workers can also bring about Economic growth.

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3 years ago
If ticket prices were decreased by 10%, passenger flights would increase by 25%. However, total variable costs would increase by
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Net income will remain same.

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Revised Calculation

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What are the three major parts in the organization and marketing<br> section of the business plan?
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Currently, Mucho Dinero is organized into specialized departments such as marketing, finance, production and personnel. These de
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Functional

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Each employee reports to one manager, so chain of command is simplified.

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