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Salsk061 [2.6K]
4 years ago
10

On September 1, 2016, Joy Company paid $6,000 in advance for an eight-month rental space covering the period of September, 2016

through April 2017. The deferred expense was initially recorded as an asset. Joy Company makes adjusting entries once a year at year-end. The adjusting entry on December 31, 2016 would include a ________.
Business
1 answer:
ruslelena [56]4 years ago
5 0

Answer:

                           DR.          CR.

Rent Expense   $3,000

Prepaid Rent                   $3,000

Explanation:

Rent paid in advance = $6,000

Rent paid for the period of 8 months. On December 31, 4 months has been passed. So the rent of only 4 month will be accrued.

Accrued Rent = $6,000 x ( 4 / 8)

Accrued Rent = $3,000

Expense accrued and transferred from the prepaid rent account to rent expense account.

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Tia and Eric went to trade school at the same time. Each graduated with an associate's degree. They have received similar perfor
8090 [49]

Answer:

differences in human capital

Explanation:

Here are the options :  

differences in human capital

differences in signaling

discrimination

chance

Human capital is an example of an intangible asset. It is the economic value attached to labours' skills and expertise.

Qualities of human capital includes

  • Education.
  • on-the-job training.
  • Hard work
  • experience
  • Mental and emotional well-being.  
  • People management.
  • Communication skills.

Tia's employer has more human capital qualities when compared with Eric's employer. Tia's employer is more hardworking and experienced. Due to these skills. Tia's employer is likely to make more profit than Eric's employer. This can explain the wage differential between Tia and Eric

7 0
3 years ago
A _____ maintains limited liability but offers more flexibility in terms of tax treatment than other forms of business ownership
yarga [219]
It seems that you missed the given choices for this question. But the answer that would complete the given statement above is LIMITED LIABILITY COMPANY. A limited liability company <span>maintains limited liability, but offers more flexibility in terms of tax treatment than other forms of business ownership. Here are the other options: Sole Proprietorship, corporation and limited liability partnership. </span>
8 0
3 years ago
Discuss the trolley experiments Spur and Fat Man with specific reference to how the two have distinct differences within the Doc
Ne4ueva [31]

Answer:

In the "Spur", the choice is between killing five strangers or one loved one. You could pull a lever to redirect the train coming at the five men. You would still be killing the one man tied to sidetrack, but you would save the lives of those other five men.

In the "Fat Man", a runaway train is coming toward five men that are all tied down to the tracks. The train has to be stopped in order to save the lives of those five men. You are the onlooker of this scenario, and you are standing on top of a footbridge looking down at the train situation. There happens to be a fat man standing next to you, and he is a complete stranger. You have the option of pushing him off the bridge in order to save those five men, but you would end up killing the fat man. The philosophical question is whether or not you would kill the fat man in order to save those five lives.thexplanation:

The reason that this scenario is different morally is that you would physically have to push this fat man onto the tracks when he was not in the path of that oncoming train.

The whole concept of the trolley problem is based on the Doctrine of Double Effect (DDE). This doctrine basically states that if you are doing something morally good, which has a morally bad side-effect, it is still ethically okay to go through with that morally good action.

In Spur you don't have to push anyone in the way of the train, you just redirect the train by using a lever. Fat Man scenario is seen as worse because he wasn't in the path of the train. You push him into the path of an oncoming train. Seen as morally worse.

7 0
4 years ago
An organization with customer-focused design with the inverted organization structure puts the empowered front-line workers at t
Aleonysh [2.5K]

Answer:

tellers at JP Morgan Chase branches.

Explanation:

The organization i.e. customer focused along with it, it is inverted organization that empowered the front line workers at the upper level of the pyramid so this organization form represent the example of the tellers at the branches of JP Morgan chase where the same thing happen

So the same is to be considered

3 0
3 years ago
Farmer parker will maximize profits loading... by producing nothing bushels of wheat ​(enter a whole​ number). suppose that the
Temka [501]

Answer:

1. profit is maximized when Q = 6 bushels, from table

2. When MC increases by 0.5 at each level of quantity produced, setting P = MC for profit maximization

at output level = 6, P = 4, MC = 3.5

Q = 6 bushels

3. Profit = 24-15-0.5*6 = 6.00

6 0
3 years ago
Read 2 more answers
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