Expenses decreases retained earnings; therefore, to increase any expense, one would debit the expense account
What does retained earnings mean?
Retained earnings are profits retained in the business for reinvestment and for expansion purposes, in essence, expenses would reduce the retained earnings, the higher the expenses, the lesser the retained earnings become.
From a double entry point of view, an increase in expenses would be debited to expense account and a decrease is credited instead.
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Answer: the actual value
Explanation:
Consistent advertisement by the cell phone company has gotten Jeremy to buy a product of their's hit Jeremy got a product which the actual value does not match his expectation. It's either Jeremy expected a lot, or was offered different categories of the brand and choose the least or that the company played on him, either of the options will be what played out as Jeremy couldn't get what he had in mind when he bought the phone. These scenario plays out many times between customers and retailers or manufacturers as some of the item they do buy don't reach what they expected, some other times it could be seen that those products were exaggerated during the advertisement.
Given:
Total cash = $160,000
Notes payable = $86,000
Common stock = $52,800
Find:
Retained earnings as on December 31, 2018
Computation for retained earning:
According to Accounting Equation:
Assets = Liabilities + Stock holder equity
Total Cash = Notes payable + Common stock + Retained earning
$160,000 = $86,000 + $52,800 + Retained earning
$160,000 = $138,800 + Retained earning
Retained earning = $160,000 - $138,800
Retained earning = $21,200
Answer: (C) Job enrichment
Explanation:
The job enrichment is one of the type of method that is used for motivating the employees in an organization for specific job and the various types of challenging tasks.
The main aim of the job enrichment is that it helps in creating the various types of opportunities for the recognition the skills and also the professional growth in an organization.
It also provide the various types of self management to the employees in their specific tasks or duties. According to the question, the Skrugetech Inc. is using the job enrichment for designing the jobs profiles in an organization.
Therefore, Option (C) is correct answer.
Answer:
Apple
Explanation:
A market leader can be a person, company or product that has a large market share in their industry or that dominates in their industry.
When Apple came into the market they disrupted the market a left companies they found in the market behind by concentrating on both design and user experience. By coming up with innovative products and taking design into account they made themselves a luxury brand.
They remain in the public eye, meaning that they are always coming up with new products and better offerings. They have good marketing strategies.
They aim to please their customers and make them feel like they are a part of something exclusive and luxurious.
Their vision was clear from the beginning and remains so.
Without the ability to offer a good product that is user friendly with a good design, effective marketing, innovation and a clear vision, Apple would not have been able to become a market leader so all the above are important and should be applied by any company that aims to become successful in their business.
