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Inga [223]
3 years ago
8

Which of the following items would require an adjusting entry at the end of each accounting period? a.Vacation pay earned by emp

loyees b.Garnishment for child support payments c.Union dues withheld d.Withholdings for a 401(k) plan e.None of these choices are correct.
Business
1 answer:
nignag [31]3 years ago
4 0

Answer: a.Vacation pay earned by employees

Explanation: Adjusting entries refers to journal entry made to ensure that some financial activity is assigned to the posting period in which the activity occurred. Their main purpose is to match incomes and expenses to appropriate accounting periods. They are made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

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Given the following information, what are the values of M1 and M2? Small time deposits $650 billion Demand deposits and other ch
Ne4ueva [31]

Answer: The answer is as follows:

Explanation:

M1 is more liquefied than the M2.

M1 consists of:

Demand deposits and other checkable deposits + Traveler's checks + Currency

= 300 + 25 + 100

= $425 billion

In M2 , M1 is also a part of M2.

M2 consists of :

M1 +  Small time deposits + Savings deposits + Large time deposits + Miscellaneous categories

425 + $650 + $750 + $600 + 25

= $2450 Billion

8 0
3 years ago
Assess how the leadership team you designate will affect organizational performance in the short-term and the long-term.
My name is Ann [436]

Explanation:

A company's leadership team is an essential part of the company's strategic development and decision-making process.

Therefore, the leadership team will directly influence organizational performance in the short and long term, in the sense that this team will be responsible for the strategic planning that will contemplate the long term in the organization and help it to reach its goals and objectives.

The decision-making process, on the other hand, will impact the company in the short term and will be essential for the decisions made to be beneficial for the improvement of organizational processes and the achievement of competitive and financial advantages.

8 0
3 years ago
Are a family’s resources unlimited? true or false?
Kazeer [188]
False Its not unlimited its going to end at some time or another
5 0
3 years ago
Read 2 more answers
A(n) _____ is another form of intrapreneurship initiated by an employee who conceives an idea, convinces top management of its p
Marina CMI [18]

Answer: skunk works

                                                                           

Explanation: In simple words, skunk works refers to the arrangement under which an individual or a group of individual are given a high degree of autonomy due to their special skills or idea.

These groups works within an organisation for some secret or technical projects and are not strictly monitors by the management for their performance. The group of individuals working is usually low in numbers as the projects they work requires knowledge more than the volume and labor force.

3 0
3 years ago
Boxer Company owned 16,000 shares of King Company that were purchased in 2016 for $440,000. On May 1, 2018, Boxer declared a pro
Serjik [45]

Answer:

By 110,000 the retained earnings reduced by the property dividend.

Explanation:

Retained Earnings: The retained earnings is that earnings which is left after all payments relating to the business expenses, shareholder dividend. The earnings which is to be retained so that it can come in use in near future.

For retained earning calculation, the stock market value is recorded when the date is declared not on distribution date.

So, the calculation is computed below:

As the 50,000 shares is given for every 10 shares. So, first we have to compute for 1 share which comes by dividing shares to number of shares i.e.  50,000 shares ÷ 10 shares = 5,000 for 1 share.

Now, multiply by market value which comes = 5,000 × $22 = $110,000.

So, by 110,000 the retained earnings reduced by the property dividend.

4 0
3 years ago
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