Answer:
deferral
Explanation:
Adjusting entries are when changes are made to already recorded journal entries.
Categories of adjusting entries :
- accrued revenues
- accrued expenses
- unearned revenues
- prepaid expenses
- depreciation.
Prepaid expenses are payments made for services yet to be delivered.
For example, paying for a year's worth of subscription on your streaming service
Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral
Answer:
D
Explanation:
Wealth is the value of all the assets a person owns
Beth is pondering on the value of all her assets less her debt. So, she is pondering on her wealth
Answer:
The answer to this question is A. Interaction between a private party and another private party
Explanation:
A free market economy, otherwise known as a capitalist economy is one that is controlled by private individuals with little or no government control.
A free or capitalist system may be defined as one in which all or most means of production are owned and controlled by private individuals and in which the economic activity of the government is at minimum.
In a capitalist economic system, private individuals play greater role than the government in taking decision about on what to produce, how to produce and the distribution of what is produced.
Hence, the allocation of benefits and costs is determined in a free market economy by A. Interaction between a private party and another private party
Answer:
Usage variance = $22,564.5 unfavorable
Explanation:
<em>A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite</em>
Pounds
850 units should have used ( 850× 5.9 pounds) 5,015
but did use <u> 6,550</u>
Usage variance 1,535 unfavorable
× standard price <u> $14.70</u>
Usage variance <u> 22,564.5</u> unfavorable
Usage variance = $22,564.5 unfavorable
Answer:
1.Product
2.Price
3.Promotion
4.Place
5.Sorry,i don't know this answer
