Answer:
culture shock
Explanation:
It seems that Shelly is most likely experiencing culture shock. This is a set of feelings that occurs to most individuals when they move to a location that is very different than their home. Since Shelly moved from the US to China and the culture is completely different, it causes Shelly to not feel comfortable in this new location. Individuals experiencing culture shock experience many distinct feelings but ultimately adjust to the new environment and begin getting comfortable in this new location.
In terms of evaluating balance sheet, the two primary
questions that are being formulated are the following;
-
The assets are financially secure or stable
-
The firm has assets that are sufficient and are
short term in means of having debts that are only short and temporary.
They make laws to regulate the economy. Hope this helps :)
Answer:
warranty expense 250,000 debit
waranty liability 250,000 credit
warranty liaiblity 37,500 debit
cash 37,500 credit
Explanation:
The warranty expense will be 5% of sales
5,000,000 x 5% = 250,000
We will create a liability to represent the future expenses and when they occur we decrease the warrant liability.
As we already declare the associate warranty expense based on sale the expenditures o ot generate an expense.
