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2 years ago

Despite public dissatisfaction over rampant inflation in the united states, truman’s image as a leader was bolstered by

1 answer:

7 0

Truman had the conclusion on keeping the Institution of Imperial intact so that could somehow make the occupation easier in Japan.So despite public dissatisfaction over rampant inflation in the united states, truman's image as a leader was bolstered by the images and even the stories of the children who are thankful because they are benefited by the Berlin Airlift.

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Whick of the following terms applies to the way that society as a wholr earns and spends money?

VikaD [51]

It's impossible to choose a correct option as you've not attached any of it. Anyway I think that you mean the term which is called <span>APPROVED BUDGET.</span>

8 0

3 years ago

In order to motivate our sales force to increase sales, we decided to increase our commissions and salaries and increase marketi

algol [13]

Answer:

Sales Revenue - Inconsistent

Cost of Goods Sold - Inconsistent

Commission - Consistent

Shipping expense - Inconsistent

Bad debt expense - Unexplained

Salaries - Consistent

Lease of distribution center - Consistent

Depreciation of fleet and equipment - Inconsistent

Advertising - Consistent

Office rent, Phone, Internet - Inconsistent

Explanation:

The increase in selling price will result in change in the revenue figure. The cost of distribution is increased due to handling the addition volume. This will result in an increase in shipping expense and cost of goods sold. Salaries and commission of the staff will remain consistent as there will be no change due to increase of selling price.

8 0

3 years ago

Which business is exempt from using the accrual basis for accounting? A clothing manufacturer that has average gross annual rece

AnnZ [28]

Answer:

A home improvement store that just began business last year and had $2.7 million in gross receipts.

Explanation:

The IRS allows only a limited number of businesses to use cash basis accounting and in order to do so, the business must be:

Partnership or C corporation with less than $5 million in total sales revenue per year
Sole proprietorship or S corporation with less than $1 million in total sales revenue
Cannot be a publicly traded corporation
Personal service businesses with more than 95% of revenue specifically related to services.
Family owned farms with total annual sales revenue less than $25 million.

3 0

2 years ago

Anand is a manager who believes that he can force his subordinates to work extra hours through close supervision. He instills fe

Archy [21]

Answer:

Theory X Manager

Explanation:

Douglas McGregor presented this perspectives of human being named as Theory X (which is labeled as negative). McGregor after studying the manager's behavior and how they are dealing with their employees, came to the conclusion that the manager’s views of the nature of human beings are built on the particular assumptions taken from their behavior.

According to Theory X, managers tend to believe that not liking the work is present in employee nature and therefore it is necessary to direct or even force them to perform tasks and their required job.

To put it another way, theory X basically tries to put that all humans and particularly employees are lazy, and they don't want to work, they are required to pull and push for doing so.

7 0

2 years ago

Exercise 8-3 (Algo) Lump-sum purchase of plant assets LO C1 Rodriguez Company pays $389,610 for real estate with land, land impr

polet [3.4K]

Answer:

1. Land $175,324.50

Land improvements $38,961

Building $175,324.50

2. Dr Land $175,324.50

Cr Cash $175,324.50

Being entries to recognize cost incurred in the purchase of Land

Dr Land improvements $38,961

Cr Cash $38,961

Being entries to recognize cost incurred in the purchase of Land improvements

Dr Building $175,324.50

Cr Cash $175,324.50

Being entries to recognize cost incurred in the purchase of Building

Explanation:

Using the appraisal method to apportion the cost of an asset to the components of the asset involves the consideration of the appraised cost of each individual item as a portion of the total cost of the asset.

Thus, given that Rodriguez Company pays $389,610 for real estate with land, land improvements, and a building

Appraised cost of

Land = $247,500

Land improvements = $55,000

Building = $247,500

Total appraised cost of the asset = $247,500 +$55,000 + $247,500

= $550,000

Allocated cost of;

Land = $247,500/$550,000 * $389,610

= $175,324.50

Land improvements = $55,000/$550,000 * $389,610

= $38,961.00

Building = $247,500/$550,000 * $389,610

= $175,324.50

Journal entries

Dr Land $175,324.50

Cr Cash $175,324.50

Being entries to recognize cost incurred in the purchase of Land

For journal entries, we debit each of the individual assets account and credit cash to recognize the cost incurred in the purchase of the asset.

5 0

2 years ago