Answer:
Constance takes the vanity table free of All Purpose's security interest because she is a buyer of consumer goods.
Explanation:
Answer:C. Gwyn, who has business experience with accounting, management, and marketing
Explanation: Starting a new business requires certain competence which includes the competent knowledge of the Business to venture in and the knowledge of accounting and business management.
Gwyn, who has business experience with accounting, management, and marketing will be a good fit with Amanda, as Amanda will gain from the wealth of experience of Gwyn in business management and accounting.
Answer:
D. Ability to provide a healthy work environment
Explanation:
Every employee should provide a healthy work environment in the workplace. A healthy work environment is not limited to hygiene issues but extends to works ethics.
Employers will seek employees who are team players. The employees should be self-motivated, productive, happy, and should be acceptable by team members.
Poor hygiene and poor organization can have adverse effects on the entire team. It will affect communication and general wellness in the workplace.
A good team player will work in any field. The other options in the questions relate to specific careers.
Answer:
Both statements I and III are correct.
Explanation:
<u>1.Construct a zero investment portfolio that will yield a sure profit
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<u>3.Make simultaneous trades in two markets without any net investments</u>
Answer:
From all indications,the two rents received have been posted wrongly, I want to believe that you are required to post the adjusting entries,hence my answer below:
The first $9000 was posted to deferred revenue,whereas only two months should have been
First rent:
DR Deferred revenue $3000
CR Revenue $3000
Second Rent
DR Revenue $6000
CR Deferred revenue $6000
Explanation:
The first $9000 was posted to deferred revenue,whereas only two months should have been deferred and December rent recognized as rent.
As far as the second rent is concerned only one month has been earned,as a result the revenue should be credited with just $3000 for December.
This then mean that revenue from the second property has been overstated in December by $6000,this necessitated by adjustment above.
