1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mixas84 [53]
3 years ago
5

For the year ended December BL 2017, Lopez Company has implemented an employee bonus program based on Lopez’snet income, which e

mployees will share equally. Lopez‘s bonus expense is computed as $14,5611. Prepare the journal entry at December 31, 2017, to record the bonus due the employees.2 Prepare the journal entry at January 19, 2018, to record payment of the bonus to employees,
Business
1 answer:
amid [387]3 years ago
3 0

Answer: Net income Dr $14,5611

Bonus payable CR 14,5611

Narration. Bonus expenses payable to staff

Employee Bonus account Dr 14,5611

Bank/Cash CR. 14.5611

Narration. Payment of employees bonus for previous year.

You might be interested in
The ________ adopted an elaborate form of interest arbitration, known as the Experimental Negotiating Agreement, in the 1970s as
Sergio039 [100]

The United steelworkers of America adopted an elaborate form of interest arbitration, known as the Experimental Negotiating Agreement, in the 1970s as a means of avoiding the long and costly strikes that had made the industry vulnerable to foreign competition.

When two or more parties must decide together yet have differing preferences, they try to negotiate a compromise. In order to strike a compromise when you and the other side have both similar and divergent interests, you and the other side must communicate back and forth.

The United Steelworkers is a general trade organization with members all over North America. It represents workers in the steel, paper, rubber, manufacturing, energy, and allied industrial and service sectors.

Learn more about  United steelworkers of America here brainly.com/question/16996777

#SPJ4

4 0
2 years ago
A firm that decides to emphasize those goods with the highest contribution margin per unit may have made an incorrect decision w
solmaris [256]

Answer:

Has capacity constraints in the form of limited resources

Explanation:

When the company has capacity constraints in the form of limited resources they should prioritize those goods with highest <em>contribution margin per unit of the limiting factor</em> instead of goods with the <em>highest contribution margin per unit</em>. This ensures that resources are distributed first to where they are more profitable.

Therefore, A firm that decides to emphasize those goods with the highest contribution margin per unit may have made an incorrect decision when the company has capacity constraints in the form of limited resources.

4 0
3 years ago
A chocolatier produces truffles and sells each 1 pound box of truffles for $20. However, the chocolatier knows that some consume
Alexus [3.1K]

Answer:<em><u> Offering a discount to students and seniors</u></em> will allow the chocolatier to know which types of consumers are likely to have a lower willingness to pay.

Here the price discrimination should be in respect with the demography i.e. allow the chocolatier to sell truffles to the consumer based on their age groups.

<u><em>The correct option is (3).</em></u>

4 0
3 years ago
You plan to borrow $ 4 comma 000 from a bank. In exchange for $ 4 comma 000 ​today, you promise to pay $ 4 comma 160 in one year
just olya [345]

Answer:

Please check the attached image for the diagram

Explanation:

I would be borrowing $4000 from the bank. I would be $4,000 richer and the bank would have $4000 less.

In one year, I would be paying the bank $4160. So I would have $4160 less and the bank would be $4160 richer.

A negative sign indicates cash outflow and a positive sign indicates a cash inflow.

I hope my answer helps you.

6 0
3 years ago
Would you rather be a juvenile prosecutor or defense attorney? Explain your decision.
balandron [24]

Answer:

<u>a defense attorney instead</u>

<u>Explanation:</u>

From a financial standpoint, a <u>defense attorney</u> would more likely make more money than a<u> juvenile prosecutor</u> because a defense attorney could charge up more for certain cases than been a juvenile prosecutor who wants to ensure someone is convicted.

Also, in terms of purpose, I do feel a defense lawyer could make more impact socially by defending his or her clients.

6 0
3 years ago
Other questions:
  • Bailey, Inc., is considering buying a new gang punch that would allow them to produce circuit boards more efficiently. The punch
    14·1 answer
  • 5) Ryans Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours.
    14·1 answer
  • The global air-traffic control system and the world's major stock markets are examples of what kind of systems?
    8·1 answer
  • Sales revenue for a sporting goods store amounted to $ 535 comma 000 for the current period. All sales are on account and are su
    9·1 answer
  • A firm’s current profits are $ 400,000. These profits are expected to grow indefinitely at a constant annual rate of 4 percent.
    5·1 answer
  • Hey, who is enjoying the new Minec,raft Cav,es and Cli,ffs update?
    13·1 answer
  • The stock in Pal-Maine Foods has a beta of .85. The expected return on the market is 11.50 percent and the risk-free rate is 2.8
    9·1 answer
  • Volleyball helps people reach their fitness goals by __________. A. using teamwork to win B. improving balance and agility C. im
    13·2 answers
  • MegaCable and Acme are competing for an exclusive contract to provide the city of Dustin with cable television for the next year
    11·1 answer
  • Barney owns a lot valued at $84,000. he purchases an adjoining lot for $66,000 and merges the two properties. the current apprai
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!