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sergij07 [2.7K]
3 years ago
7

By the end of the accounting period, employees have earned salaries of $650, but they will not be paid until the following pay p

eriod. Demonstrate the required adjusting entry by completing the following sentence. The required adjusting entry would be to debit the Salarie
Business
1 answer:
pav-90 [236]3 years ago
5 0

Answer:

The required adjusting entry would be to debit the Salaries expense account $650 and credit the accrued salaries account $650.

Explanation:

When an expense is incurred but yet to be settled in accrual accounting, the expense has to be recognized in the period in which it is incurred by debiting the expense account and crediting the accrued expense ( a liability) account with the amount incurred.

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Demand is variable and the company wants to build a safety stock into R. The average daily demand is 15, the lead time is 3 days
olya-2409 [2.1K]

Answer:

Average daily demand (d) = 15

Lead time (L) = 3 days

Value of Z = 2

Standard deviation of demand during lead time = 5

Reorder point = d × L + (Z × standard deviation of demand during lead time)

= 15 × 3 + (2 × 5)

= 45 + 10

= 55

8 0
3 years ago
every organization has a set of unwritten norms that mambers of the organization accept and understand and which guide their act
lesya [120]

Answer:

Organization's culture.

Explanation:

Every organization has a set of unwritten norms that members of the organization accept and understand and which guide their actions. This system of shared meaning is organization's culture.

An organizational culture typically comprises of values, norms, beliefs and assumptions which defines the most appropriate ways of behaving in an organization (work environment).

Generally, an organizational culture is usually designed and established by the top executives or management of an organization and communicated to the various employees working there.

According to Robert Quinn and Kim Cameron, an organizational culture can be divided into four (4) main categories;

1. Adhocracy culture.

2. Clan culture.

3. Hierarchy culture.

4. Market culture.

<em>Additionally, the significance of an organizational culture is simply that it creates a unique social, efficient and psychological environment of an organization. </em>

7 0
3 years ago
Liabilities of the commercial banking system include rev: 06_06_2018 Multiple Choice loans and deposits. reserves and loans. res
Zolol [24]

Answer:

deposits.

Explanation:

The liabilities of the commercial banking system involves capital that includes cash reserves, deposited, debts, checking, saving amount,

The deposits could be in terms of saving deposit, fixed deposits, etc

Therefore in the given case,  the deposits are the commercial banking liabilities and the rest options like loan & deposits, reserve and loans, etc are not the liabilities so these are wrong options.

7 0
3 years ago
SCENARIO:
nydimaria [60]

Answer: b. Yes, he can subpoena records during the discovery process from both, but the bank and the app store may ask the judge to deny the request or limit the request due to privacy concerns.

Explanation:

Marcus can indeed compel the bank or the app store to provide additional information about the creator of the app should he wish to find out the creator's location and its potential assets so he can purse the case appropriately legal wise.

He can do this by subpoenaing the required information when laying the background for the suit. As this information is considered private and confidential however, both the bank and the store could appeal to the Judge to refuse Marcus's request on the grounds of privacy concerns.

8 0
3 years ago
What are unlawful questions to ask during an interview
AveGali [126]

Answer:

Race, Color, or National Origin.

Religion.

Sex, Gender Identity, or Sexual Orientation.

Pregnancy status.

Disability.

Age or Genetic Information.

Citizenship.

Marital Status or Number of Children.

Explanation:

4 0
3 years ago
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