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Liula [17]
3 years ago
14

For each of the following accounts, indicate the effect of a debit or credit on the account and the normal balance.

Business
1 answer:
Hunter-Best [27]3 years ago
6 0

Answer:

                                                   Debit effect   Credit effect  Normal balance

a.  Bonds payable                         Decrease        Increase           Credit

b.  Unearned service revenue     Decrease         Increase           Credit

c.  Depreciation expense             Increase           Decrease         Debit

d.  Common stock                         Decrease         Increase           Credit

e.  Building                                     Increase           Decrease         Debit

f.   Rent revenue                            Decrease          Increase          Credit

All assets, expenses increase with debits and decreases with credit and have a debit normal balance. All liabilities, revenue accounts and equity accounts (except dividends) have credit.

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The owner of the land that gains the benefit in easements appurtenant is the (select one):
bezimeni [28]

Answer:

a) dominant tenement. 

Explanation:

A dominant tenement is the owner of the land that gains the benefit in easements appurtenant.

A servient tenement is the owner of the land that provides the easements .

I hope my answer helps you.

6 0
3 years ago
The Ritz-Carlton hotel offers restaurants with the finest service, elevators that run smoothly, and a front desk that processes
Ksju [112]

Answer:

The correct answer is C

Explanation:

Operation management is the management who govern or administrate the business practices in order to create or generate the highest level of the efficiency within the organization. It is concerned with the management of the operations of the business. Therefore, the operation management is the one who is responsible for executing the customer benefits like elevators which run smoothly, front desk which processes people quickly.

4 0
3 years ago
Given the total volume and importance of international trade and international exchanges, describe the implications to someone's
sweet [91]

Answer:

Education

Explanation:

Given the total volume and importance of international trade and international exchanges, describe the implications to someone's career in business, and to your education in particular.

3 0
3 years ago
Mogul ships inventory with a cost of $80,000 to Ski Outfit and pays shipping costs of $8,000. By the end of the year, $60,000 of
Bezzdna [24]

Answer:

D $22,000.

Explanation:

Mogul ships inventory

Cost of goods = $80,000+$8,000=$88,000

Cost of goods old = $60,000+$6,000=$66,000

Inventory =$88,000-$66,000

=$22,000

Therefore the amount of inventory will Mogul report at year end will be $22,000

4 0
3 years ago
Overall, how effective is the partnership between IT and the business at Hefty Hardware?
olga nikolaevna [1]

Answer:

The partnership between IT and the business at Hefty Hardware was ineffective as there were clear communication gaps. The business group thinks that the IT has no knowledge of the business whereas the IT team thinks that the business has no understanding of the technical issues in IT system.

Therefore, correspondence is needed by sitting and working together to achieve the common organizational goals.

Explanation:

1. Shortcomings of both IT and the business.

The business often feels that the IT don’t have the required competence for finding solution for business problems, since IT is not involved in the executive business meetings. Similarly the business managers do not understand the technical jargon when the IT tries to explain the technical aspects of the solution. Hefty Hardware do not has solid foundation and good relationship between the IT and the Business department, and this issue became the main problem that Hefty should deal with it to make sure that the current and future projects will success.

2. Plan for how IT and the business can work collaboratively to deliver the Savvy Store program successfully

To work in the same coordinated flow, IT and the business need to work collaboratively by attending the executive meetings together since the beginning where the ideas are brainstormed.

Weekly or fortnightly meetings should be held to discuss the progress and follow up on the previously decided agendas. All must be documented for review and future reference.

7 0
3 years ago
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