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notka56 [123]
4 years ago
6

Consider the following situations for Shocker:

Business
1 answer:
Delicious77 [7]4 years ago
5 0

Answer:

a.

Cash $4,500 (debit)

Deferred Revenue $4,500 (credit)

b.

Prepaid Advertising $2,700 (debit)

Cash $2,700 (credit)

c.

Salaries Expense $8,000 (debit)

Salaries Accrued $8,000 (credit)

d.

J1

Cash $70,000 (debit)

Note Payable $70,000 (credit)

J2

Interest Expense $2,100 (debit)

Note Payable $2,100 (credit)

Explanation:

a.

Recognize Cash and Deferred Revenue

b.

Recognize Asset - Prepaid Advertising and De-recognize Cash

c.

Recognize Salaries Expense and Recognize Salaries Accrued Liability

d.

J1

Recognize Cash Asset and Recognize Liability - Note Payable

J2

Recognize Interest income accrued on the Note Payable during September to December.

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How can supply and demand for different careers affect job stability and income? Should you think about supply and demand when c
baherus [9]

Answer:

As the demand for a certain type of jobs increase, the amount of people who are willing to supply their labor also increased. Job that are the most stable and has high payment are the types of jobs that high in demand but low in supply.

Personally, I think you should think about supply and demand when determining your career. But, you shouldn't make it your sole criteria.

Salary is important. It's provide safety for you and loved ones to fulfill your basic needs. It also allow you to follow a certain type of lifestyle. But, passion and happiness also extremely important. You need to make sure that the job that you do is not taxing your general well being. You need to find balance between the two.

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3 years ago
The construction estimator told the storage unit owner that building another section of storage units will likely add 100 more s
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Answer:

a) The marginal benefit is greater than the marginal cost of additional units.

Explanation:

Cost-benefit analysis is the systematic process of wieghing various transactions based on comparism between their benefit and cost.

The rational storage business owner should compare the cost of building another section of storage units to the benefit from 100 renters.

If the additional cost is justified by the benefit then he can go ahead with the construction.

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4 years ago
Read 2 more answers
Suppose the demand and Total Cost for a monopolist’s product is given by P = 100 – 7Q; TC = 20 + 20Q + 2Q2 a. Find the monopolis
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3 years ago
A university dean is interested in determining the proportion of students who receive some sort of financial aid. rather than ex
ella [17]
Answer: 0.59 ± 0.081 = (0.671, 0.509)  
Explanation: 
The sample proportion, p = 118/200 = 0.59 
The test statistic at 98% confidence interval is given by : 
p + z*Sqrt(p(1-p)/n) ; p - z*Sqrt(p(1-p)/n) 
z at 98% C.I. is 2.33 
Therefore, 0.59 + 2.33 * sqrt(0.59*(1-0.59)/200) and 0.59 + 2.33 * sqrt(0.59*
(1-0.59)/200)
 =0.59 + 0.081 and 0.59 - 0.081
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4 years ago
When visiting your sister, you notice that her infant enjoys watching a mobile that hangs over his head. of the various objects
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