Answer:
The interest revenue that should be reported in the first year, for two months from November to December, on 31 December is $3600.
Explanation:
According to the accrual basis of accounting, the revenues and expenses for a particular period should be recorded in the period to which they relate to rather then when they are received or paid. This means that although the interest will be received on March 1 of the next year, the interest revenue on note receivable for a period of two months from November to December should be recorded in the first year because it has been earned in the first year and it relates to it.
Interest revenue - first year = 270000 * 0.08 * 2/12 = $3600
Answer:
topical
Explanation:
Topical organizational Method;
This pattern is the most commonly used format, and will typically work when the other patterns do not. A topical pattern arranges information according to different sub-topics within a larger topic, or the "types" of things that fall within a larger category. Using this pattern, each "type" represents a main section of information.
Take the below as an example or format for topical organixational approach;
I. Red Wines
A. European
-
B. Californian
-
-
II. White Wines
A. European
B. Californian
Answer:
Explanation:
There are many obstacles that such a company may face when pursuing such an endeavor. One of which is establishing the site, knowing how to properly manage and communicate with potential buyers. Another would be language barriers, as an e-commerce site you become available to a much wider audience and not all of which speak the language that you speak. Therefore, figuring out how to properly communicate and help these individual's is key. Another big obstacle would competition, by getting into e-commerce you are also entering a market that is full of already established competitors that will do everything to outperform you.
Answer:
the correct option is D) General and administrative expenses.
Explanation:
Expenses that support the overall operations of a business and include the expenses relating to accounting, human resource management, and financial management are called General and administrative expenses.
Additional examples of expenses in this category include rent, advertising, marketing, litigation, travel, meals, management salaries and bonuses.
The complete question should have been:
Malcolm Industries recently hired a large number of workers for the company's new construction factory in Colorado. During the hiring process, the management made a clear effort to recruit physically strong individuals because the work at the factory involves manual labor. The jobs need to be performed by individuals who have the energy and physical stamina to work for long hours. Which of the following surface-level characteristics did the company most likely concentrate on when selecting the new workers?
A.) Age
B.) Values
C.) Beliefs
D.) Religion
E.) Personality
Answer: Age.
Explanation:
Malcolm Industries made use of Age as the Surface Level Characteristic that determined who would be employed. A surface level characteristics can be defined as differences that individuals possesses that easily be identified when they are seen.
