Answer:
Incurred but unpaid
Explanation:
When wages and salaries are incurred by an entity and paid, the entries required are debit Wages and Salaries expense, credit cash account. However, when the expense is incurred but cash is yet to be paid, this represents a liability to the organization and as such, an accrual is required. The entries to be posted are debit Wages and salaries expense (in the income statement), credit Accrued wages and salaries (in the balance sheet).
Answer:
$1,068.02
Explanation:
For computing the selling price of the bond we need to use the Future value formula or function i.e to be shown in the attachment below:
Given that,
Present value = $1,000
Rate of interest = 10% ÷ 2 = 5%
NPER = 3 years × 2 = 6 years
PMT = $1,000 × 8% ÷ 2 = $40
The formula is shown below:
= FV(Rate;NPER;PMT;-PV;type)
The present value comes in negative
So, after applying the above formula, the selling price of the bond is $1,068.02
Companies create a division of labor among employees in order to allow each employee to perform one task at a high level
<h3>What is division of labor?</h3>
It involves Sharing of duties or job among individuals or employee.
An employee is allowed to handle a particular task for efficiency.
Therefore, Companies create a division of labor among employees in order to allow each employee to perform one task at a high level
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Answer:
$ 4.02
Explanation:
Take two packs ×3 and it = 6 then take 6 × 67 and you get $4.02
The statement mentioned above regarding manufacturing in the United States is true.
<h3>What is manufacturing?</h3>
Manufacturing refers to the changing or conversion of the raw material into finished products and deliver it to the customers directly or indirectly. The manufacture of the products in order to maximize their profits and satisfy the needs of the customers.
More young individuals entering the industrial industry could have a significant impact on the manufacturing growth in the United States. Young people use their creativity and knowledge to increase the production.
The number of people has increased in manufacturing sectors. Therefore, it can be concluded that the statement mentioned above is true.
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