Answer:
Explanation:
1. Prepaid Expenses: In this transaction, the collection is made in advance so it will be come under prepaid expenses
2. Prepaid Expenses: In this transaction, the office supplies are used in the next period, so it will be treated as prepaid expenses
3. Accrued revenues: The subscription revenue is already earned, so it will be treated as a accrued revenues
4. Accrued revenues: The rent is earned but not collected, so it will be treated as a accrued revenues
5. Accrued Expenses: As the expenses are incurred but not yet paid or recorded so, it will be treated as outstanding expenses
6. Accrued Revenues: As the revenue is earned but not yet collected or recorded so, it will be treated as an accrued revenues
7. Accrued Expenses: As the interest expenses are incurred but not yet paid or recorded so, it will be treated as outstanding expenses
Answer:
D) $1,200
Explanation:
Following is the data that was missing from the question.
Consumption expenditures $800
Investment expenditures $200
Government purchases $300
Exports $100
Imports $200
Wages $800
Consumption expenditures + Investment expenditures + Government purchases + (Difference between Exports and Imports)
= $800 + $200 + $300 + ( $100 - $200 )
= $1,200
Answer: B - Groupshift.
Explanation:
When any group comes together and has different views it can cause a groupshift. This is different than having a discussion, conformity, role conflicts, etc. The groupshift will usually go for the most extreme ideas out of all others and go with that instead. It only takes one vocal person in the group to shift the ways the others think and change the views they had before the meeting.
The most dominant speaker in the group will be the one to persuade the others to join in their views and therefore making it a groupshift.
Answer:
Explanation:
In the income statement, the total revenues and the total expenses are recorded.
If the total revenues are more than the total expenditure then the company earns net income
And, If the total revenues are less than the total expenditure then the company have a net loss
This net income or net loss would reflect in the statement of the retained earning account.
The net sales would be = Sales revenue - sales discount - sales return and allowances
= $39,000 - $1,950 - $1,755
= $35,295
The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:
Answer:
Common-ground persuasion technique
Explanation:
A common-ground persuasion technique is a technique aimed at improving interpersonal relationships. Like the word, common ground means establishing agreement on certain ideas or points in other to ensure that relationships between individuals are stable and problem free.
In the case of Rebecca, she has used the common-ground persuasion technique to ensure that her boss accepts her suggestion that one of the office assistants take on the responsibility of completing the sales report. By carefully outlining more disadvantages of her taking up the responsibility, her boss will most likely agree to her suggestion.
Cheers.