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weqwewe [10]
3 years ago
13

Journalizing Adjusting Entries Journalize the following adjusting entries in the general journal below.

Business
1 answer:
Zarrin [17]3 years ago
7 0

Answer:

See below

Explanation:

1. Supply expense.                   700

       Supplies inventory.                        700

2. Insurance expense.              650

        Prepaid insurance.                         650

3. Depreciation expense.          200

        Accumulated Depreciation.           200

4. Wages expense.                    100

         Wages payable.                             100

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A firm with unlimited funds must evaluate five projects. Projects 1 and 2 are independent and Projects 3, 4, and 5 are mutually
neonofarm [45]

Answer:

4, 1, 2,

Explanation:

Here are the projects and their returns

Project Return (%)

1 14

2 12

3 10

4 15

5            12

the firm should choose the project with the highest returns

Projects are mutually exclusive if the projects cannot occur at the same time. If one project is chosen, the others cannot be chosen.

Project 3,4,5 are mutually exclusive. If one of the projects are chosen, other projects cannot be chosen.

Project 4 has the highest return, so it would be chosen first.

the next project with the next highest return is project 1 and then project 2

3 0
2 years ago
Gina and Bill are managers for two separate projects; both freely express their anger at work. Compared to Bill, Gina is more li
cestrela7 [59]

The answer to the question is Gina (B) is more likely to be perceived as overemotional and incompetent.

This is mainly because of her gender – since Gina is female, and females are often stereotyped as highly influenced by feelings when exhibiting their behaviors, thus, she will be judged as overemotional due to this. She would also be judged as more incompetent than Bill.

3 0
2 years ago
You can spend $100 on either a new economics textbook or a new CD player. If you choose to buy the new economics textbook, the o
Fed [463]

Answer: Option (B) is correct.

Explanation:

Given that,

Cost of new economics textbook = $100

Cost of new CD player = $100

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

As the cost of both the products are identical, so the opportunity cost of buying new economics textbook is the enjoyment of the new CD player.

4 0
3 years ago
The late famous broadcast journalist Walter Cronkite said that one of his regrets in life was not actively participating in the
Wewaii [24]

Answer:

The correct answer is True.

Explanation:

According to Maslow's theory of human needs, self-realization needs are those that seek to satisfy our own personal abilities, to develop our potential, to do what we have better aptitudes for and the need to develop and expand metamotives (discover the truth, create beauty, produce order and foster justice). This was exactly what Walter was looking for, because it was what he really loved.

6 0
2 years ago
Amex Corporation invests excess cash to purchase $25,000 in corporate bonds on March 30, 2018. In addition to the $25,000, Amex
damaskus [11]

Answer:

b. a debit to Held-to-Maturity Debt Investments for $26,000

Explanation:

Investment in corporate bonds is considered as Held-to-Maturity Debt investments.

Date           Accounts Title and Explanation                Debit       Credit

30 Mar 18   Held-to-Maturity Debt investments          $26,000

                   [$25,000 + $1,000)

                           Cash                                                                     $26,000

                  (To record an investment in bonds)

Therefore, in the journal entry, it is debited to Held-to-Maturity Debt investments for $26,000

7 0
3 years ago
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