Answer:
Directive
Explanation:
Under directive style of leadership, a leader's approach is more of commanding and directive in nature in the sense, the leader will assign tasks and issue directions with respect to how those tasks are to be executed.
This approach is more formal and works in an environment where the job of the subordinates does not require specialization. So in such cases, the subordinates need to be guided and commanded in order to avoid uncertainty in task execution.
In the given case, Timothy is focused upon maintaining clarity with respect to direction and the performance of tasks. His leadership style incorporates quick decision making, focusing upon short term targets.
This is an example of directive form of leadership.
The most common reason as to why the contractor may be
indebted to the Government is because of defective pricing. Defective pricing
usually occurs when a contractor fails to submit or to even disclose pricing
data or the government cost in which is even complete or accurate in reaching
the agreed price. This is usually found at post-award audits in which the data
are being analyzed.
Answer:
a. Revenue - Income Statement
b. Common Stock - Balance Sheet
c. Current liabilities - Balance Sheet
d. Long-term Debt - Balance Sheet
e. Dividends - Statement of Shareholder Equity / Statement of Retained Earnings
f. Ending Cash Balance - Balance Sheet
g. Adjustment to reconcile net income to net cash provided by operations -Statement of Cash Flows
h. Cash spent to acquire the Buildings - Statement of Cash Flows
i. Income tax expense - Income Statement
j. Ending Balance of retained earnings - Statement of Shareholder Equity / Statement of Retained Earnings / Balance Sheet
k. Selling general and administrative expenses - Income Statement
l. Total Assets - Balance Sheet
m. Net Income - Income Statement / Statement of Shareholder Equity / Statement of Retained Earnings
n. Income tax payable - Balance Sheet
Answer:
Explanation: Journal Entries
Debit: Cash. $19.7m
Credit: Unearned Revenue $19.7m
Being sales of gift card for the month of December.
Debit: Unearned Revenue. $12.7m
Credit: Sales. $12.7m
Being actual gift card redeemed for the month if December.
Unearned Revenue a/c has a credit bal of $7m as unredeemed gift card. Its a liability to the company as they have the money but the cards are yet to be redeemed.
Answer:
The machine will be recorded at 38,500
Explanation:
First we work the old machine numbers
<u>traded-out </u>
purchased 30,000
depreciation (22,500)
book value 7, 500
fair value 5,500 (A)
loss on disposal 2, 000 (diference between book value and fair value)
(A) the invoice has a cost 38,500 we paid 33,000 cash so the value of the old machine on this trasaction was 5,500
The transaction has commercial substance so we recognize the new machine at his fair value and recognize the loss on dispossal
<u>This would be the journal entry :</u>
machine 38,500 the machine enter the accounting at fair value
acc dep 22,500
loss on disposal 2,000 we recognize the loss on disposal
machine 30,000
cash 33,000
