Answer:
See below
Explanation:
This transaction will affect the bank balance by increasing it with the check amount. The bank is cash (asset ) held in the bank. An increase in assets account is a debit. The bank A/c will be debited.
The check is received from Yogesh. Yogesh must have bought goods on credit and hence is an account receivable (asset). Since Yogesh has paid, his account decrease by the check amount. A decrease in assets is credited.
The journal entry will be
Bank A/c DR. Rs 4500
Yogesh A/c Cr. Rs 4500
Answer:
Option B Depreciation expense
Explanation:
The allocation of cost of the plant and equipment for the period being used is the concept of depreciation and is a period cost because when the asset is purchased its value decreases gradually with time which means some of the machinery value would be deminish during the year depending upon the technological factors, life of the equipment, etc. So the period cost will arise regardless of that we either use the asset or not which is the definition of period cost which in this case is depreciation cost and the allocation of cost of plant and equipment over its useful life is also depreciation cost.
Answer:
The correct answer is option C.
Explanation:
The price of wine has risen from $7 to $9 per bottle and the price of cheese has fallen from $6 to $5 per pound.
Anne’s income has stayed fixed at $46 per week.
Anne has been buying 4 bottles of wine and 2 pounds of cheese per week.
At the initial price she was spending
=
= $28 + $12
= $40
After the price change she has to spend
=
= $36 + $10
= $46
Since she has to spend more to consume the same level of output, we can say that Anne is worse off.
Employees should complete their workplace climate surveys and an ethical entrepreneur should take the responsibility for that. Yes, the given statement is true.
<h3>What do you mean by organizational ethical climate?</h3>
The ethical atmosphere of the work environment and the level of ethics practiced within a company can be defined as an ethical climate. The five types of climates that can exist in an organization are Instrumental, caring, law and order, rules, and independence.
Hence, it is true that employees should complete their workplace climate surveys and an ethical entrepreneur should take the responsibility for that. Yes, the given statement is true.
Learn more about ethical climate here:
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An animated reconstruction of the plane crash was used in a trial as DEMONSTRATIVE EVIDENCE, illustrating the effects of extremely dangerous cross winds on the plane.
Demonstrative evidence refers to physical objects, such as graphs, pictures, models, etc, which are used to clarify the facts for how an accident occurred. It is useful in establishing the facts of an occurrence.