Explanation:
The Journal entry is shown below:-
a. Salary Expense Dr, $2,550
To salaries payable $2,550
(Being accrual of salary is recorded)
b. Income summary Dr, $324,750
To Salary expense $324,750
($322,200 + $2,550)
(Being closing of salary expense is recorded)
Answer:
C. hacking
Explanation:
Hacking is a term used to describe an unauthorized access to a computer data base for illegal purposes. It also means breaking into an organization's security data system either to corrupt data, steal information or disrupt certain activities.
Most hackers demand for monetary returns or cause collateral damage having gained unathourized access into an organization's data base.
There are several ways of hacking which includes;
Phising scam: An attempt to have access into a computer by making a user open an attachment or provide confidential information.
Malware attack: is a type of hacking attack which after being carried out, cripple activities of an entire organization including its business associate, government parastatals, customers etc in exchange for money.
Code break: This is where a secret software is installed to allow users hit a company' s data base through strings.
Organizations are beginning to expend money on their security systems by constantly updating them against any internal and external attack.
Plain out your day making time to do your work. Do some of your work then set aside 10-15 mins to relax then work until you feel you need another 10-15 just limit it to two 15 min breaks for 4 hrs of work.
Hope this help and have fun. :)
Answer:
The ending owner’s capital for the company is $40,000
Explanation:
For computing the ending owner capital, the following equation should be used which is shown below:
Ending owner capital = Beginning owner capital - net loss - dividend paid to shareholders
= $100,000 -- $50,000 - $10,000
= $40,000
The net loss and dividend decrease the owner equity which ultimately decreases the capital. So, we deduct these amounts.
Hence, the ending owner’s capital for the company is $40,000
