Answer:
Pedigo Corporation
Journal Entries
Debit Credit
Amortization Expense - Patent $10,000
Patents (Working 1) $10,000
<em>To record amortization of Patents on December 31, 2020</em>
Explanation:
Working 1:
Amortization expense = Patent cost x 1/5 year x 8/12 months
= $75,000 x 1/5 x 8/12
= $10,000
Note that no entry is made to to amortize Goodwill worth $150,000. This is because Goodwill has an indefinite life. As only entries to record amortization are required, there is no other entry on December 31, 2020.
349 (cash price)
If payment option
18x22.50=405 (balance) +75(down payment )= 480
A difference of 131
27.292% difference
Managers make attributions about employees based on consistency and distinctiveness as well as the extent to which an employee's performance is the same or different from other employees, otherwise known as Consensus.
The definition of consensus is the agreement reached by the group. An example of consensus is when Republicans and Democrats agree on the wording of the bill. A general agreement between members of a particular group or community. Each exercises some discretion in decision-making and follow-up.
Consensus (about) She is good at reaching consensus on delicate issues. There is growing consensus on this subject. Currently, there is a broad political consensus in support of economic reform.
Consensus conferences allow groups of people to come together, participate in discussions, and ultimately lead to sharing decisions. Consensus decisions require individual participation and promote open communication. It is intended to benefit everyone involved and will not ignore anyone's opinions or ideas.
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When employers use diplomas and degrees to determine who is eligible for jobs, even though the diploma or degree may be relevant to the actual work, it becomes a Credential Society.
<h3>What is a diploma?</h3>
- A diploma is a record given by a school attesting that the holder has graduated after completing their academic programs.
- Historically, it has also been used to refer to a diplomatic charter or formal document.
- A testamur, which is Latin for "we testify" or "certify," may also be used to refer to the diploma this term is frequently used in Australia to refer to the document certifying the award of a degree.
- Alternatively, this document may be referred to as parchment, a degree certificate, or a certificate of graduation.
<h3>What are degrees?</h3>
- A qualification given to students upon successful completion of a course of study in higher education, typically at a college or university, is known as an academic degree.
- These institutions frequently provide a variety of degrees, typically including bachelor's, master's, and doctoral degrees, frequently in addition to other academic certificates and professional degrees.
- The bachelor's degree is the most popular undergraduate degree, while in some nations there are lower level higher education credentials that are also labeled degrees.
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