Answer:
It is synonymous with "usefulness".
It is subjective
Answer:
a) The debit and credit side of the unadjusted trial balance would be increased by $ 5200.
b) The debit side would remain unchanged. No effect will be seen in the adjusted trial balance.
Explanation:
Effect of adjustments on adjusted Trial Balance.
This first entry would increase the wages expense and increase the liability account in the adjusted trial balance. Both debit and credit side would be increased by an equal amount.
b) This would decrease the Supplies account and increase the supplies expense in the unadjusted account. As both are on the debit side there would be no effect in the debit total.
Sr No Account Debit Credit
<u>Original Entries</u>
a. Wages Expense 5200
Accounts Payable 5200
b. Supplies Expense 1125
Supplies Account 1125
<u>Correct Entries</u>
a. Wages Expense 5200
Accrued Wages Account Payable 5200
b. Supplies Expense 1125
Supplies Account 1125
<u>Difference:</u>
<u>a)</u> We see that the first entry which was original passed the debit side is correct but the credit side would have been of accrued wages instead of accounts payable . This is to raise the amount by which wages are still outstanding by an amount 5200 at the end of the month.
This would decrease the accounts payable increase the wages payable . If the adjustment is not made it the salaries payable is understated .
<u>b)This adjusting entry is correct.</u>
Answer:
c. production orientation
Explanation:
Production orientation approach for innovation -
It refers to the method of production , the quality of product is very important , as a good quality product is sold very easily , is referred to as production orientation approach .
The concept is used along with targeting the right area of audience , in order to produce the best products , and the targeted consumers can efficiently use them , which will increase the demand of the product , and hence , the profit of the company will increase .
Hence , from the given scenario of the question ,
The correct term is c. Production orientation approach for innovation.
Answer:
$12,500
Explanation:
Differential revenue = Alternative A revenue - Alternative B revenue
Differential revenue = $75,000 - $62,500
Differential revenue = $12,500
Thus, the differential revenue for this decision is $12,500
Answer:
conduits
Explanation:
A mortgage-backed security is one in which is similar to bonds but that usually consists of home loans ought from banks that issued them. It is a type asset-backed security which can be sold through brokers.
investment in mortgage-backed assets means the investor is lending out his money to people that intend to get a home.
A mortgage-backed security can be bought directly from banks or through brokers. These brokers are also called conduits.
Cheers
