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vampirchik [111]

3 years ago

5

Cakery Bakery received $1,000 from a customer on August 5, 2016 for a wedding cake to be delivered on September 19, 2016. What w

ould Cakery Bakery record on their books when the cake is successfully delivered?

1 answer:

musickatia [10]3 years ago

4 0

September 19, 2020 because that is when the cake successfully delivered

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The economic growth model predicts that the

Mamont248 [21]

Answer: B

Explanation: The economic growth theory that predicts convergence of developing countries with developed countries is known as the Neoclassical Growth Theory developed by Robert Solow.

One of the conclusions of the Neoclsssical Growth Model is that because capital is scarce in developing countries, it would have a high marginal productivity and higher rates of savings would result. Hence the growth rates of developing countries should exceed that of developed countries.

Because of the higher growth rate of developing countries, there ought to be a convergence between the per capita income of developing countries and developed countries.

I hope my answer helps.

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7 0

4 years ago

You are the senior auditor in charge of the audit of Potholders Ltd, a retailer of garden pots and gnomes. Your audit firm has b

Gnom [1K]

The components of audit engagement from the question are:

Cost-benefit
Circumvention
designs
application of controls
control environment

<h3>The factors that increase inherent risks</h3>

The integrity of the people that are in managerial positions.
The experience and the effectiveness of managers.
Pressures faced by management.

The type of business.

<h3>Factors that affect control risks:</h3>

Presence of Novel situations
The use of Outdated controls
Improper separation of duties

Read more on inherent risks here: brainly.com/question/14538724

7 0

2 years ago

Dixon Sales has four sales employees that receive weekly paychecks. Each earns $13 per hour and each has worked 40 hours in the

Natasha2012 [34]

Answer:

Jan. 19

Dr Sales Wages Expense $ 3,640.00

Cr Federal Income Tax Payable $ 436.80

Cr State Income Tax Payable $ 109.20

Cr Social Security Tax Payable $ 218.40

Cr Medicare Tax Payable $ 54.60

Cr State Disability Insurance $ 18.20

Cr Sales Wages Payable $ 2,802.80

Explanation:

Preparation of the journal for recognition of the pay period ending January 19 that will be paid to the employees January 26.

Jan. 19

Dr Sales Wages Expense $ 3,640.00 (7 *40 *13)

Cr Federal Income Tax Payable $ 436.80 (3,640 * 12%)

Cr State Income Tax Payable $ 109.20 (3,640 * 3%)

Cr Social Security Tax Payable $ 218.40 (3,640 * 6%)

Cr Medicare Tax Payable $ 54.60 (3,640* 1.5%)

Cr State Disability Insurance $ 18.20 (3,640 *0.5%)

Cr Sales Wages Payable $ 2,802.80

($3,640.00-$436.80-$109.20-$218.40-$54.60-$18.20)

8 0

3 years ago

Complete the statement using the correct term.

LenKa [72]

Answer:

Feedback

Explanation:

<u><em>Sense of Closure:</em></u> reviewing that goals have been accomplished to the client's satisfaction gives the client and the project team a sense of accomplishment and closure.

3 0

3 years ago

________ argues that ________.Rico Raines; starvation in many parts of the world could be avoided with adequate price controls A

Elden [556K]

Answer:

Amartya Sen; famines don't happen in democracies.

Explanation:

Amartya Sen, the Indian economist, winner of the Nobel Price of Economics in 1998, said this famous quote after completing extensive research on the topic of famine.

Amartya Sen argues that because in democracies, the governments have to be elected, they have an incentive to avoid famines since a famine is a political catastrophe (and a humanitarian one) that would effectivelly prevent any ruling party from being elected again if a famine takes place under its administration.

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4 years ago