Answer:
a) Fees earned (or revenues) will be understated. Net income will be understated.
b) Accounts (fees) receivable (or assets) will be understated. Owner’s equity will
be understated.
Explanation:
Adjusting entries refers to the entries that are made at the end of an accounting period in accordance with revenue recognition, principle and expense recognition principle.
All adjusting entries affect at least one income statement account (revenue or expense), and one statement of position account (asset or liability).
Answer:
The correct answer would be, Shawn would pull over as soon as he sees the broken car.
Explanation:
Altruism is the general concept of helping others and finding happiness in it. It is basically the moral practice of concern. It is the act of kindness for the concern of happiness with human beings or animals, to get both moral and spiritual satisfaction. So on the basis of this concept, bystander intervention and helping behavior, Shawn is most likely to stop his car as soon as he sees a car being broken. He would immediately come out of his car to help the persons in the car who might be injured because of the accident.
The price of the coats will decrease
Answer:
Sensorium
Explanation:
Sensorium is thinking of an organism that should be considered as whole like the sensation seat in which it experiences and analyzes the environment in which it lives
In the given situation it is mentioned that the Abernathy went to a psychologist for the first time so the clinician asks various questions like date, year
So this type of questions represents the sensorium and hence, the same is to be considered
