According to the principle of __________, the more recent the data, the more valuable they are.

Does the amount of effort that you put into your courses increase or decrease the marginal cost of your education? Explain your

velikii [3]

The amount of effort that you put into your courses increases the marginal

cost of your education.

Marginal cost refers to the incremental cost which is accrued as a result of

increase in goods and services.

In this scenario, amount of effort put into courses entails more time and

money spent from buying of books and other materials. This therefore

depicts an increase in the incremental and marginal cost.

Read more about Marginal cost here brainly.com/question/16615264

4 0

3 years ago

Which of the following is added to net income to reconcile to cash from operations?

skad [1K]

Answer:

E. None of the above

Explanation:

The only two accounts that you must add to net income are the amortization and depreciation

In order to reconcile net income to cash from operations the Amortization and Depreciation must be added to Net Income.

Why? because These accounts: Amortization and Depreciation are not cash accounts. This means that the figures in amortization and Depreciation are not actual outflows of cash but just a bookkeeping figure.

7 0

3 years ago

Innovative Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment, Accou

horsena [70]

Answer:

Explanation:

The journal entries are shown below:

On Oct 1

Rent expense A/c Dr $ 4,400

To Cash A/c $4,400

(Being payment of rent is made in cash)

On Oct 3

Advertising expense A/c Dr $1,350

To Cash A/c $1,350

(Being payment of adverting expense is made in cash)

On Oct 5

Supplies A/c Dr $ 1,800

To Cash A/c $1,800

(Being payment of supplies is made in cash)

On Oct 6

Office equipment A/c Dr $11,500

To Accounts payable $11,500

(Being purchase of office equipment on account is recorded)

On Oct 6

Cash A/c Dr $8,600

To Accounts receivable $8,600

(Being cash is received from customer is recorded)

On Oct 15

Accounts payable A/c Dr $3,180

To Cash A/c $3,180

(Being payment is made in cash is recorded)

On Oct 27

Miscellaneous expense A/c Dr $700

To Cash A/c $700

(Being expenses is paid in cash is recorded)

On Oct 30

Utilities expenses $550

To Cash A/c $550

(Being telephone expenses is paid in cash is recorded)

On Oct 31

Accounts receivable A/c Dr $37,200

To Fees earned $37,200

(Being feed earned and billed customer is recorded)

On Oct 31

Utilities expenses $830

To Cash A/c $830

(Being electricity expenses is paid in cash is recorded)

On Oct 31

Dividend A/c Dr $2,000

To Cash A/c $2,000

(Being dividend is paid in cash is recorded)

6 0

3 years ago

Respond by (1) Identifying the type of syllogism below (Categorical, Disjunctive, Conditional) and (2) explain, in your own word

USPshnik [31]

The type of syllogism being used in the given sentence is a conditional syllogism.

<h3>What is Syllogism?</h3>

This refers to the use of reasoning in order to draw conclusions about something based on two premises.

Hence, we can see that conditional syllogism was used in the given premises and this is because it made use of either-or to show that if the sidewalk was wet, then that means that it must have rained.

This reasoning is faulty because there are different possible reasons for the sidewalk to be wet and not just rainfall.

Read more about syllogism here:
brainly.com/question/361872

6 0

3 years ago

ang Co. manufacturers its products in a continuous process involving two departments, Machining and Assembly. Journalize the ent

Ksenya-84 [330]

Answer:

a.

Raw Materials $180,000 (debit)

Accounts Payable $180,000 (credit)

b.

Work In Process Machining : Direct Materials $73,000 (debit)

Work In Process Machining : Indirect Materials $9,000 (debit)

Work In Process Assembly : Indirect Materials $4,900 (debit)

Raw Materials $86,900 (credit)

c.

Work In Process Machining : Direct Labor $23,000 (debit)

Work In Process Assembly : Direct Labor $47,000 (debit)

Salaries Payable $70,000 (credit)

d.

Work In Process Machining : Depreciation $4,500 (debit)

Work In Process Assembly : Depreciation $7,800 (debit)

Accumulated Depreciation $12,300 (credit)

e.

Work In Process Machining : Overheads $9,700 (debit)

Work In Process Assembly : Overheads $11,300 (debit)

Overheads $21,000 (credit)

f.

Work In Process Assembly Department $14,900 (debit)

Finished Goods Inventory $83,400 (debit)

Work In Process Machining Department $98,300 (credit)

g.

Accounts Receivables $100,000 (debit)

Cost of Goods Sold $68,000 (debit)

Sales Revenue $100,000 (credit)

Finished Goods Inventory $68,000 (credit)

Explanation:

Manufacturing Costs are accumulated in the Work In Process Account.

Finished Goods are Transferred from Work In Process Account to Finished Goods Inventory by Debiting Finished Goods Inventory Account and Crediting Work In Process Account.

4 0

3 years ago