Answer:
C) debit Cash $540 and Service Revenue, $280, credit Accounts Receivable, $820
Explanation:
The correct journal entry should have been:
Dr Cash 820
Cr Accounts receivable 820
But since the transaction was erroneously recorded as:
Dr Cash 280
Cr Sales revenue 280
an adjusting entry is necessary for the difference:
Dr Cash 540
Dr Sales revenue 280
Cr Accounts receivable 820
This way cash account will have increased by $280 + $540 = $820, sales revenue will remain unchanged $280 - $280 = $0, and accounts receivable will decrease by $820.
Answer:C. Incumbents provide accurate information, but they may have an incentive to exaggerate what they do to appear more valuable to the organization.
Explanation:The Information from external observers are very vital to Organisational success,observers are external partners to the business or organisation,it should be used to supplement what information is gotten from the incumbents because sometimes incumbents may have an incentive to exaggerate what they do to appear more valuable to the organization,which will send wrong signals and affect the business harshly or adversely.
Answer:
The equivalent present worth of the series is $27,714.
Explanation:
We have a series of five payments (n=5), paid at the end of the year, starting with $6,000 and increasing at a rate of 5% per year.
The inflation rate is 4% and the market interest rate is 11%.
The equivalent present worth of the series, where we take into account yearly increments and discount the value by inflation and interest rate, is:
Where:
h: increment in the payments (5%)
i: rate of inflation (4%)
r: market interest rate (11%)
Then,
The answer to the question is shown below:
The two major task that must be mastered in early adulthood, according to Levinson are the following:
1. The developing of life structure, a stable life structure
2. Exploring the possibilities and chances for adult living
It depends on the person I would definitely be happy but that’s just me
