Answer:
INCORRECT.
In income summary account, all revenue accounts are closed by debiting them and crediting the income summary account. expense accounts are closed by crediting them and debiting income summary account. then on closing income summary account it shows debit balance if there is a net loss and it shows credit balance if there is a net income.
In the given case clever auto services has debit balance of $5,300 i,e it implies that clever auto services has loss .
Therefore above statement is wrong. It implies a loss of $5300 not the net income of $5,300.
Answer:
$7,747.8
Explanation:
Given:
Average payroll = $3,521,790
Initial (contributions - benefits paid) = $414,867
Now,
Minimum contribution amount to qualify for bracket 12% to less than 14%
also,
[contributions- benefits paid] = Percentage × average payroll
or
[contributions- benefits paid] = 12% × $3,521,790
or
[contributions- benefits paid] = $422,614.8
so the required ( contributions- benefits paid ) is $422,614.8
Thus,
The Company have to pay the difference of
= [ required ( contributions- benefits paid ) ] - [ Initial (contributions - benefits paid) ]
= $422,614.8 - $414,867
= $7,747.8
Farting and then I’ll be sure to see you later I’ll call ya
Answer:
a supportive leader
Explanation:
A supportive leader is a leader who is able to identify changes and assistance that are needed to promote the well-being of his team members and timely resolve all unnecessary issues with the aim of delivering a high standard of performance.
A supportive leader is usually kind, friendly, and concerned about the personal needs and welfare of his followers. He also leaves his door open to be approached by many people for advice and help, and also inspires them perform tasks assigned to them with enthusiasm.
Therefore, Peter's behavior implies that he is most likely <u>a supportive leader</u>.
