Answer:
$135,260
Explanation:
Remember to follow the cash collection history to determine the budgeted cash receipts for January.
Budgeted cash receipts for January
January Cash Sales $113,000 x 20% $22,600
January Credit Sales $113,000 x 80% x 40 % $36,160
December Credit Sales ($73,500 - $27,000) $46,500
November Credit Sales $27,000
Total $135,260
Therefore,
Boone Co.'s budgeted cash receipts for January is $135,260
Answer:
a)
Rent Expense Dr.$16,000
Bank Dr.$48,000
Prepaid Rent Cr.$64,000
Explanation:
The company entered into lease on 1st November 2019 with rent of $8,000 per month. the company on 1st November 2019 recorded prepaid rent as follows; which is wrong
Prepaid Rent Dr. $72,000
Bank Cr. $72,000
This is wrong entry as prepaid rent was overstated by ($72,000-$24,000 ) $48,000 and same like bank was understated by $48,000
The correct entry should have been like this as on 1st November 2019;
Prepaid Rent Dr. $24,000
Bank Cr. $ 24,000
By 31st December 2019, two months rent have already accrued so prepaid rent should be credited by (8000*2+48,000 for additional amount recorded)
<em>So the rectifying entry is; as on 31st December 2019</em>
<em>Rent Expense Dr.$16,000</em>
<em>Bank Dr.$48,000</em>
<em>Prepaid Rent Cr.$64,000</em>
The correct answer would be B none of the others are relevant
Answer:
How to achieve improved outcomes for groups that have specific set of objectives focusing on how the concepts can be used to make a difference across the group
- making each member of the group understand each other emotionally and their ways of performing tasks
- making each member of the group understand their importance in the entire production process
- making the group members aware about the importance of optimum utilization of resources and avoid wasting resources while working
- making the group understand the possibility of achieving good performance by eliminating work threats
- making the group understand the organization's structure therefore it makes the group culturally intelligent
How you can improve positive influences and especially preempt or limit negative sentiments
- increasing the dependency culture among each other so they learn to work with each other in harmony.
- creating friendly relationships between employees and also between employees and employer
- making the employees understand and practice proper organizational culture so that they can work judiciously following the organizational structure
Explanation:
Note :
CQ = cultural intelligence
EI = emotional intelligence
AP = actual productivity
PP = potential productivity
S = synergy
T = performance threats
How to achieve improved outcomes for groups that have specific set of objectives focusing on how the concepts can be used to make a difference across the group
- making each member of the group understand each other emotionally and their ways of performing tasks
- making each member of the group understand their importance in the entire production process
- making the group members aware about the importance of optimum utilization of resources and avoid wasting resources while working
- making the group understand the possibility of achieving good performance by eliminating work threats
- making the group understand the organization's structure therefore it makes the group culturally intelligent
How you can improve positive influences and especially preempt or limit negative sentiments
- increasing the dependency culture among each other so they learn to work with each other in harmony.
- creating friendly relationships between employees and also between employees and employer
- making the employees understand and practice proper organizational culture so that they can work judiciously following the organizational structure
