Answer:
The amount of Lantz's operating revenue is $734,000
Explanation:
The computation of the operating revenue is shown below:
= Total cash sales + Total credit sales
= $255,000 + $479,000
= $734,000
Since we have to compute the operating revenue, so we considered only revenue part not expenses part
The other information which is mentioned in the question is not being considered because it is related to the operating expenses. So, ignored it.
The circadian clock controls
the sleeping cycle. This internal mechanism is particularly driven by the
hormone melatonin which is produced by the body when is little light, mostly
when night falls. This hormone tells the brain to rest, and so makes you fell asleep.
The night shift that Hanna is taking is messing with her melatonin production
and hence her circadian clock making very difficult to her to conciliate sleep
the nights that she does not have to work.
Answer:
description
Explanation:
A job description is simply a document that clearly states all the necessary skills and abilities needed to perform a specific job. It should also include the duties and responsibilities that the person hired for that job will be required to do.
Job descriptions can be used externally (e.g. job hiring sites) to attract potential candidates and internally by HRM in the candidate selection process. The job description used by HRM is more complete than the public one and should include performance evaluations, psychological testing, etc.
Answer:
Dr amortization expense $14,500
Cr Copyright asset $14,500
Dr amortization expense $6,250
Cr Patent asset $6,250
Explanation:
First of all,a goodwill with an indefinite life is not depreciable,hence no adjusting journal entries would be prepared in respect of the goodwill.
However,the copyright would be amortized using the lower of useful life of 6 years and legal life of 30 years,the amortization expense for the year is shown below:
amortization charge=$87,000/6 years=$14,500
The patent is to amortized in the way as the as the copyright the lower of useful life and legal life.
amortization charge=$30,000/4 years*10/12=$6250
The patent was only used for 10 months in the year
Answer:
c. Dec. 31Fees Earned750 Rent Revenue175 Income Summary925
Explanation:
The journal entry to record the closing of Fees earned and rent revenue is given below:
On Dec 31
Fees earned $750
Rent revenue $175
To Income summary $925
(Being the revenues and fees earned is closed)
For recording this we debited the fees earned and rent revenue and credited the income summary so that the correct recording and posting could be done
Therefore the total amount of $925 is credited to income summary
