Answer:
$0
Explanation:
Not-for-profit organizations are required to record donations, e.g. money, food, clothes, etc., but they are not required to record voluntary work. In this case, Chris was a volunteer who spent 240 hours caring for turtles. It doesn't matter how much does Chris earns in his normal job, he cannot deduct volunteer work and the Turtle Society does not need to record his work either.
Answer: $100
Explanation:
From the information, on a Friday night, you have the choice to either go to a Katy Perry concert or a Lady Gaga concert. You won a free ticket to see Katy Perry but you would pay as much as $180 to see Lady Gaga perform, even thought the tickets to her show cost $100.
This illustrates that the person must be willing to pay at least $100 to see Katy Perry. Since the person wa.willing to pay $180 for Lady Gaga even when the tickets were$100, then you should be able to pay at least $100 to see Perry
Answer: The income statement should reflect $15,000.
Explanation: The reason is because accounting procedures are always guided by certain principles or concepts. One of such concepts is the Realization Concept. This simply states that income is considered to have been earned when the goods/services have been dispatched /rendered to the client and the client has incurred liability for such (or has accepted his/her indebtedness). The Accrual Concept is also applicable in the above instance because this concept/principle states that revenues and expenses are recognized as soon as they are earned and incurred and not when money is expended or received. So basically, XYZ Law firm has provided services for two clients. One of them has paid while the other will pay sometime later. Both of them are already recognized as revenue and the current income statement will reflect revenue transactions to the tune of $15,000.
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Construction Carpenter- High School Diploma
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Chief Executive- Master's Degree
Answer: To make it more likely that the results are not due to a few unusual individuals or circumstances
Explanation: Particular reasons are as follow:
- To check as much data as possible for better results.
- To ensure that the data works same for an individual ,organisation.
- To find all possible error related to data and experiment.
- This is a necessary task for greater satisfaction by doing all kinds of experiment.
- For finding all types of Variables and Variation .
