Answer:
<em>Acquisition of a subsidiary on January 23, Year 2. Negotiations had begun in December of Year 1.</em>
Explanation:
An entity acknowledges <em>events that occurred in the financial reports which provide data on conditions that exist at the income statement date,</em> including calculations that are inherent in the preparation of the statement.
The holding company's sale did not take place until the end of the year.
Therefore, the transaction only included disclosure of the note, not acknowledgement in the statements.
Because there are writing rules for how to answer the phone at the new office, these rule does fulfill the function of <u>Command</u> because enforce the staff to answer call in a certain way.
<h3>What are Henry Fayol's 5 function?</h3>
The function of management established by Henry Fayol's includes Planning, Organizing, Command, Coordination and Control.
Hence, since there are writing rules for how to answer the phone at the new office, these rule does fulfill the function of Command because enforce the staff to answer call in a certain way.
Read more about management function
<em>brainly.com/question/25703249</em>
Answer:
Increase in Demand , Increase in Equilibrium Price & Equilibrium Quantity
Explanation:
Demand i.e buyers ability & willingness to buy, has a factor affecting : 'Price of Other Goods - Substitute Goods', which can be inter changeably used. Substitute goods' price & quantity are directly related because- rise in price of a good makes other good relatively cheaper & increases latter's demand and vice versa.
Similarly, If X & Y are substitutes - Increase in price of Y makes it relatively expensive, reduces its demand & increases X demand by making it relatively cheaper (shifts demand curve rightwards).
Increase in X demand & rightward shift in demand curve creates Excess Demand, causing competition among buyers & increasing EquilIbrium Price & equilibrium quantity at new equilibrium.
Potential businesses owners need to begin by knowing the market for their product or service. Several businesses are good ideas on paper but don't have a market and fail.
Answer:
b. $180 increase to Cash and a $180 decrease to Utility Expense
Explanation:
Since it is given that the correct amount for utilities is $790 and it is wrongly entered as a $970 that means utility expense is excess debited for $180
So to adjust the bank reconciliation the journal entry is
Cash $180
To Utilities $180
(being the adjusted entry is recorded)
The $180 is come from
= $970 - $790
= $180
So it increased the cash and decreased the expenses so the recording is done accordingly