Answer:
the correct answer is 2 page layouts, 1 record type, 2 profiles
Explanation:
The importance of records types is they allow you to offer different business processes, business solutions and answers to different consumers and customers.
Having the option to Customize is useful during the sales processes as each new user/customer has a different set of needs and wants.
work
when u work the money u earn is the income
Answer:
<u>Adjusting entries:</u>
April 30, legal fees
Dr Legal fees expense 3,500
Cr Legal fees payable 3,500
April 30, accrued interest
Dr Interest expense 3,000
Cr Interest payable 3,000
April 30, wages expense
Dr Wages expense 4,000
Cr Wages payable 4,000
<u>Subsequent entries:</u>
May 12, legal fees
Dr Legal fees payable 3,500
Cr Cash 3,500
May 20, paid interest
Dr Interest expense 6,000
Dr Interest payable 3,000
Cr Cash 9,000
May 3, wages expense
Dr Wages expense 4,000
Dr Wages payable 6,000
Cr Cash 10,000
Answer:
Efficiency wage theory. Option A
Explanation: Efficiency wage theory is the idea that an increase in wages will lead to more productivity among workers because they will feel more motivated to work.
This is important for the employers also, because it will lead to higher productivity if they paid their employees more than what the market conditions dictate.
For example in a competitive labour market, employer A will enjoy more productivity and employee loyalty than employer B if employer A paid $10/hr and employer B paid $5/hr, in the same industry.
Answer:
Deductible interest expense of $1440 and deductible education expense of $4000.
Explanation:
There are certain tax laws which allows a tax payer to deduct his expenses from the taxable amount. The tax payer can deduct interest expense from the taxable amount since it is a tax shield. Lionel can deduct an interest expense of $1440 from the taxable amount and he can deduct $4000 for his education from the taxable amount.
