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vova2212 [387]
3 years ago
10

Which of the following journal entries is recorded correctly and in the basic format? a. Salaries and Wages Expense 550, Cash 1,

500, Advertising Expense 950 b. Salaries and Wages Expense 550, Advertising Expense 950, Cash 1,600 c. Cash 1,500, Salaries and Wages Expense 550, Advertising Expense 950 d. Salaries and Wages Expense 550, Advertising Expense 950, Cash 1,500
Business
1 answer:
Yuki888 [10]3 years ago
5 0

Answer:

d.  Salaries and Wages Expense 550, Advertising Expense 950, Cash 1,500

Explanation:

Whenever a new entry is posted firstly the accounts which are debited are entered.

Secondly the accounts which are credited are posted.

And, the total of debit and total of credit shall always be same, so that the entry is recorded properly.

As an expense, it reduces income and is always debited.

And as for settling the expenses cash is paid, cash being an asset when reduced will be credited.

Total expenses debited = Salaries and Wages + Advertising Expense = 550 + 950 = 1,500

Therefore, as against it cash paid = $1,500 shall be credited.

Cash = $1,500

Thus, correct option is d.

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A Work Breakdown Structure (WBS) identifies deliverables, activities, and tasks. Which statement describes a task? Work performe
Ede4ka [16]

Answer:

The correct option is;

Work performed to complete or manage the deliverables for a project

Explanation:

In other to manage project tasks, and make them easier to perform and approachable, it is a common methodology to split the entire tasks into smaller units that are easily managed

Work Breakdown Structure (WBS) is a project tool that is used to sort the project goal into smaller required activities, deliverables and tasks of the project

Project task is the work unit that brings about progress or advancement of the aims of the project that has a due date for completion.

4 0
3 years ago
The underlying assumption of the dividend discount model is that a stock is worth: A. the present value of the future dividends
labwork [276]

Answer:

A. the present value of the future dividends the company pays.

Explanation:

The net present value (NPV) of a project can be defined as the difference between present value of cash-inflow into a project and that of cash-outflow over a specific period of time. Thus, it is simply the value of all cash-flows for a project with respect to its life span.

The underlying assumption of the dividend discount model is that a stock is worth the present value of the future dividends the company pays.

Generally, all financial assets or securities can be securitized i.e turned into a tradable item that can be used to generate money for a potential investor or the owner of the financial asset.

For example, a mortgage backed security can be used as securitization.

8 0
3 years ago
A municipality taxing hotel guests to obtain funding for a new sports stadium should consider all of the​ following, except
DochEvi [55]

Answer:

B. the winning potential of the sports team using the stadium

Explanation:

4 0
3 years ago
Explain what is happening during each phase of the cycle with: I. output, II. employment III. and inflation
Ludmilka [50]

Answer:

During each phase of the economic cycle of Recession and Expansion, the following economic variables fluctuate, accordingly:

I. Output: During Recession, production output reduces.  But, during expansion, product output rises with rising income, employment, and even stable inflation.

II. Employment: During phases of economic Expansion, employment rises, while it contracts during the phases of Recession.

III. Inflation: Due to rising income and output during economic expansionary periods, inflation rate also rises.  It reduces when the economy enters a recession.

Explanation:

Business or Economic Cycle describes the recurrent, but not periodic, sequence of changes in the aggregate economic activities of a nation.  It usually cascades between the spectrum of expansion and recession.  This means that there is an alternation of the phases of economic cycle between expansion and contraction (recession) when the aggregate economic activities may rise or decline due to the equal movement of economic variables like the GDP output, employment, income, and sales.

5 0
3 years ago
​A method of training and development in which participants attend courses in a room with lessons taught by either an instructor
Alika [10]

Answer:

classroom teaching and lectures

Explanation:

Classroom teaching and lectures -

It is the method , to acquire and gain knowledge , within a classroom , by the help of a lecturer or teacher .

In a classroom , the teacher in light the class with knowledge by using interesting ways to make the students understand the topic clearly .  

Hence , the correct answer for the given information is classroom teaching and lectures .

4 0
3 years ago
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