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Ostrovityanka [42]
3 years ago
9

А

Business
1 answer:
kotegsom [21]3 years ago
7 0

Answer:

2,000

Explanation:

On average, a person who have a full time job works will work approximately 2,000 hours each year reason been that we have 5 working days in a week and standard working hours in a weeks is 40 hours (5days×8hours daily) which means 8 hours daily , secondly we have 52 weeks in a year, now assuming that person takes 2 weeks off each year for his or her vacation we would have 50 weeks left (52 weeks-2 weeks vacation) which means that the person would be working 50 weeks of the year multiply by 40 hours a week which will give us a total of 2,000 hours each year.

40 work hours weekly× 50 weeks yearly

=2,000 hours of work each year

Therefore on average, a person with a full time job works approximately 2,000 hours each year.

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2. The European Union and the United States are trading partners. (a) If the current account balance is zero, will an increase i
nalin [4]

Answer: Deficit

Explanation:

The current account shows the difference between imports and exports as well as net income from outside.

If this balance is zero, it means that imports are equal to exports and income sent abroad equals income recovered from abroad.

If real income in the US was to increase, people would demand more goods and services including more imports. This will shift the current account to a deficit as the imports will surpass the exports.

3 0
3 years ago
10 points...........​
dedylja [7]

Double entry, a fundamental concept underlying present-day bookkeeping and accounting, states that every financial transaction has equal and opposite effects in at least two different accounts. It is used to satisfy the accounting equation:

Assets
=
Liabilities
+
Equity

​
Assets=Liabilities+Equity
​


With a double entry system, credits are offset by debits in a general ledger or T-account.

So debit is the answer
7 0
3 years ago
Read 2 more answers
Imagine your client would like to complete a tax inversion, acquiring a foreign company in Switzerland and moving the domicile o
otez555 [7]

Answer:

b

Explanation:

4 0
3 years ago
April 2 Invested $34,620 cash and equipment valued at $15,500 in the business.
Tems11 [23]

Answer:

General Journal:

April 2:

Debit Cash $34,620

Debit Equipment $15,500

Credit Common Stock $50,120

To record the investment of capital in the business.

April 2: N/A

April 3:

Debit Supplies $771

Credit Accounts Payable $771

To record the purchase of supplies on account.

April 7:

Debit Rent Expense $663

Credit Cash $663

To record the payment of rent for the month.

April 11:

Debit Accounts Receivable $1,202

Credit Service Revenue $1,202

To record services rendered to a client.

April 12:

Debit Cash $2,679

Credit Unearned Service Revenue $2,679

To record the receipt in advance for management consulting.

April 17:

Debit Cash $2,580

Credit Service Revenue $2,580

To record the services rendered to Ferengi Co.

April 21:

Debit Insurance Expense $118

Credit Cash $118

To record the payment of insurance expense.

April 30:

Debit Salaries $1,196

Credit Cash $1,196

To record the payment of salaries for the month.

April 30:

Debit Supplies Expense $131

Credit Supplies $131

To record supplies used.

April 30:

Debit Office Computer $6,293

Credit Common Stock $6,293

To record the purchase of a new computer for office use with personal funds.

Explanation:

General journals are used to record all kinds of business transactions as they occur on a daily basis.  They show the accounts to be debited and the ones to be credited.  They are used to initially record transactions before they are posted to the general ledger.

8 0
3 years ago
The Conity Corporation has an Electric Mixer Division and an Electric Lamp Division. Of a $ 15 comma 000 comma 000 bond​ issuanc
Alja [10]

Answer:

Amount allocated = $620,000

Explanation:

As per the data given in the question,

Bond issuance = $15,000,000

Electric mixer division used = $9,300,000

Electric lamp division used = $5,700,000

Interest cost on the bond = $1,000,000

Electric mixer division = Electric mixer division used ÷ Bond issuance

= $9,300,000 ÷ $15,000,000

=0.62

So, Allocated interest expense = Interest cost on the bond × Electric mixer division

= $1,000,000 × 0.62

= $620,000

3 0
3 years ago
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